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Financial Analyst

Amwell

Amwell

IT, Accounting & Finance
Posted on Jul 17, 2024

Company Description

Amwell digitally empowers payers, providers and innovators, enabling an ecosystem of care that spans across in-person, virtual and automated care.

Amwell provides a leading hybrid care enablement platform in the United States and globally, connecting and enabling providers, payers, patients, and innovators to deliver greater access to more affordable, higher quality care.

Amwell believes that hybrid care delivery will transform healthcare. The company offers a single, comprehensive platform to support all digital health needs from urgent to acute and post-acute care, as well as chronic care management and healthy living.

With nearly two decades of experience, Amwell powers the hybrid care of more than 55 health plans, which collectively represent more than 90 million covered lives, and many of the nation’s largest health systems, representing over 2,000 hospitals, have access to Amwell solutions.

For more information, please visit Amwell.com.

Brief Overview

The Financial Analyst will play a critical role in the Finance department, joining a fast-paced and collaborative Financial Planning & Analysis team. Reporting to the Sr. Manager, Financial Planning & Analysis, the individual will perform a variety of analytical tasks to develop thoughtful insights to leader.

The Financial Analyst will be instrumental in interpreting and analyzing the financial trends of the business, and developing concise, actionable, and data driven recommendations to be communicated to company leadership. The ideal candidate will demonstrate a keen attention to detail and ability to drive a narrative based on financial results, trends & future expectations.

Core Responsibilities

  • Serve as a business partner between Finance & our corporate G&A and Customer Success organizations.
  • Prepare GAAP & Non-GAAP monthly budget to actual reporting and variance analyses
  • Model, forecast and track expense components and drivers
  • Understand, develop and monitor business KPIs to report on performance and trends
  • Drive improvements in our corporate reporting to derive insights and provide recommendations that will bring long term benefits the business
  • Provide input to process improvements based on industry best practices
  • Identify trends, develop insights, and present this to the business leaders to leverage the information as part of investment decision-making
  • Participate in ad hoc financial analysis and strategic projects

Qualifications

  • Bachelor’s degree in Finance, Accounting, or related field
  • 1-3 years of experience in Finance required ideally in an FP&A / financial analyst role
  • Demonstrated experience driving efficiency, process improvement, and creating reporting to inform insights into key business drivers
  • Comfortable interacting with team members across functions
  • Highly self-motivated and proactive by nature with great attention to detail
  • Intellectual curiosity and a passion for problem solving
  • Self – starter possessing the ability to work well independently
  • Team player who thrives working on a cross-functional and collaborative team
  • Strong interpersonal and communication skills, both written and oral, with the ability to communicate with a wide range of audiences
  • Proficiency in Microsoft Excel and PowerPoint

Preferred Qualifications:

  • Public Company experience a plus
  • Experience with corporate expense & personnel tracking
  • Experience working with a U.S. based company a plus
  • Experience with Workday Adaptive Insights, PowerBI, Netsuite or similar

Additional information

Job Level: P2

Your Team:

Should you join Amwell and the Finance team, you can expect:

Accounting and Finance is a service-oriented organization that is responsible for supporting the company's operations in all aspects of its business. We have deployed sophisticated enterprise resource planning solutions across the company in order to support the company’s growth to deliver actionable information to all stakeholders. The Accounting and Finance team is made up of dedicated professional team members.

Our day-to-day work involves dealing with complex finance, accounting and tax matters and building sophisticated financial models to support key company decisions including cost-benefit and ROI models. Our organization is charged with the month-end close, financial reporting and analysis, tax compliance and planning, customer claims processing and management, customer invoicing, payroll, financial systems.

If you wish to join a collaborative organization that works hard but has fun this is the place for you!

Working at Amwell:

Amwell is changing how care is delivered through online and mobile technology. We strive to make the hard work of healthcare look easy. In order to make this a reality, we look for people with a fast-paced, mission-driven mentality. We’re a culture that prides itself on quality, efficiency, smarts, initiative, creative thinking, and a strong work ethic.

Our Core Values include One Team, Customer First, and Deliver Awesome. Customer First and Deliver Awesome are all about our product and services and how we strive to serve. As part of One Team, we operate the Amwell Cares program, which brings needed assistance to our communities, whether that be free healthcare for the underserved or for people affected by natural disasters, support for equality, honoring doctors and nurses, or annual Amwell-matched donations to food banks. Amwell aims to be a force for good for our employees, our clients, and our communities.

Amwell cares deeply about and supports Diversity, Equity and Inclusion. These initiatives are highlighted and reflected within our Three DE&I Pillars - our Workplace, our Workforce and our Community.

Amwell is a "virtual first" workplace, which means you can work from anywhere, coming together physically for ideation, collaboration and client meetings. We enable our employees with the tools, resources and opportunities to do their jobs effectively wherever they are!

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