Finance Intern - Minneapolis, United States - Bright Health

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    We are transforming healthcare to be value-driven, creating a seamless, consumer-centric care experience that maximizes value for all.

    We believe that all health consumers are entitled to high quality, coordinated healthcare. We uniquely align the interests of health consumers, providers, and payors to make high-quality healthcare accessible and affordable to all populations across the ACA Marketplace, Medicare, and Medicaid.

    NeueHealth is seeking a Finance Intern for the summer of 2024. Our Interns work with multiple teams across NeueHealth to compile the necessary information to complete monthly and quarterly accounting reconciliations across various finance and accounting areas as well as the preparation of monthly financial statements.

    This is a HYBRID role at our location in Bloomington, MN.

    ROLE RESPONSIBILITIES

    • Support of monthly accounting cycle;
      • Prepare ACO REACH monthly journal entry support files (under supervision of finance manager)
      • Prepare monthly update of Excel file detailing journal entries made for assigned business units
      • Assist with researching unknown invoices
      • Reconcile prior months accrual entries vs. actual entries booked in current month
      • Update reporting files with monthly results
    • Support of 6+6 forecast cycle;
      • Work under guidance of finance manager to gather information needed to model ACO REACH and MSO Service Contract models
      • Assist with modeling of SG&A expenses in assigned business units
      • Prepare load files in Excel to load information into budget system
      • Download forecast data from Excel and reconcile against models to ensure accurate loading of the forecast
      • Prepare standard and ad hoc reporting in Excel and PowerPoint to present budget results to stakeholders
    • Support of Reporting requests;
      • Help update PPT decks for month end and forecast cycles
      • Assist with the creation of supplemental reporting to communicate variances
      • Develop deck commentary to "tell the story"
      • Coordinate the aggregation of supplement schedules to include in reporting decks

    EDUCATION, TRAINING, AND PROFESSIONAL EXPERIENCE

    • Must be currently enrolled in a college-level program pursuing a bachelor's degree in Finance and/or Accounting
    • Prior professional or internship experience at a healthcare payer or provider organization is preferred
    As an Equal Opportunity Employer, we welcome and employ a diverse employee group committed to meeting the needs of NeueHealth, our consumers, and the communities we serve. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.