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Financial Analyst I

Job Category:  Accounting/Finance
Department:  Medical Payment System & Services

Los Angeles, CA, US, 90017

Position Type:  Full Time
Requisition ID:  10012

Salary Range:  $67,186.00 (Min.) - $87,342.00 (Mid.) - $107,498.00 (Max.)


Established in 1997, L.A. Care Health Plan is an independent public agency created by the state of California to provide health coverage to low-income Los Angeles County residents. We are the nation’s largest publicly operated health plan. Serving more than 2 million members in five health plans, we make sure our members get the right care at the right place at the right time.

Mission: L.A. Care’s mission is to provide access to quality health care for Los Angeles County's vulnerable and low-income communities and residents and to support the safety net required to achieve that purpose.

Job Summary

The Financial Analyst will ensure the daily management of the Cash Pro System to confirm  and monitor the daily deposits representing refund recoveries. This position will also ensure the Lock Boxes activity are reconciled to the provider refunds processed through the core systems SAP and QNXT.  The Financial Analyst will ensure accurate and timely preparation of monthly activity reports, prepare Journal Entries, maintain General Ledger reconciliations and audit schedules. This position will also be responsible for submitting the monthly reinsurance reports and submit from the insurance carrier timely requests for reimbursement. They will track and monitor reimbursements, fulfill  requests for information, resolve member inquiries through resolution, update 1095 data bases and  prepare journal entries and provide information to the  Shared Risk Senior Financial Analysts.  They will prepare Ad Hoc reporting upon requests, participate in the completion of all assigned special projects and recommend process improvements to build efficiencies.


Ensure the daily management of the CASH Pro System to ensure the daily deposit are reconciled with the SAP/QNXT claims retractions by check run.


Ensure the Recovery Lock Box inbound reports are reconciled to deposits.


Prepare reinsurance carrier monthly reports and submissions for reimbursement.  Fulfill requests for supporting data.


Prepare monthly financial activity reports accurately and timely.


Prepare monthly journal entries to record transactions in General Ledger.


Prepare ad hoc reporting upon request.


Maintain databases to support annual 1095 submissions.


Prepare and participate in the completion of all assigned special projects.


Recommend process improvements to build efficiencies.


Ensure all GL recons and audit schedules are accurate and timely.


Perform other duties as assigned.

Duties Continued

Education Required

Associate's Degree
In lieu of degree, equivalent education and/or experience may be considered.

Education Preferred

Bachelor's Degree


At least 4 years working in a Healthcare Finance setting. 


Proficient in spreadsheets, databases, MS Office and financial software applications.


Outstanding presentation, reporting and communication (verbal and written) skills.

Licenses/Certifications Required

Licenses/Certifications Preferred

Required Training

Physical Requirements


Additional Information

Salary Range Disclaimer: The expected pay range is based on many factors such as geography, experience, education, and the market.  The range is subject to change.


L.A. Care offers a wide range of benefits including

  • Paid Time Off (PTO)
  • Tuition Reimbursement
  • Retirement Plans
  • Medical, Dental and Vision
  • Wellness Program
  • Volunteer Time Off (VTO)


Nearest Major Market: Los Angeles

Job Segment: Accounting, Financial Analyst, Financial, Claims, Finance, Insurance

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