Abarca Health

FP&A Revenue Associate

San Francisco, California, United States

Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Mental Health, BiotechnologyIndustries

Requirements

The ideal candidate is a natural problem solver with financial acumen and a passion for the healthcare industry, specifically understanding healthcare billing complexities. They should be tech-savvy, able to bridge system gaps and automate workflows, with experience in defining and developing roadmaps for organizational goals. A growth mindset, high EQ, and low ego are essential, along with the ability to work collaboratively in an early-stage startup environment.

Responsibilities

The FP&A Revenue Associate will drive Revenue Operations by working closely with Revenue Cycle Management, Finance, and Operations teams to improve processes. This role involves collaborating across the organization to build assets, workflows, and tools that enhance efficiency and operational excellence. Key responsibilities include supporting month-end close and revenue recognition processes, reconciling claims, adjustments, and collections, and collaborating with Finance to improve forecasting and refine model assumptions through data analysis.

Skills

Financial Planning & Analysis
Revenue Analysis
Data Analysis
Reporting
Microsoft Excel
Financial Modeling
Budgeting
Forecasting

Abarca Health

Pharmacy Benefit Management services provider

About Abarca Health

Abarca Health provides Pharmacy Benefit Management (PBM) services, focusing on flexible and user-friendly solutions for health plans, employers, and government programs like Medicare and Medicaid. Its main product, the Darwin platform, allows clients to quickly implement and modify benefit designs while ensuring compliance with regulations. Abarca Health manages over $5.3 billion in drug spend and processes 100 million prescription claims annually, offering additional services like home delivery for prescriptions. The company's goal is to deliver exceptional service and innovative solutions in the PBM market.

Aventura, FloridaHeadquarters
2005Year Founded
VENTURE_UNKNOWNCompany Stage
HealthcareIndustries
501-1,000Employees

Benefits

PTO
Parental leave
Work flexibility
Health insurance
Wellness stipend
401k
Tuition reimbursement
Leadership development programs

Risks

Increased competition from Amazon Pharmacy and Mark Cuban's Cost Plus Drug Company.
Growing focus on specialty drugs may require platform adaptation.
Shift towards price transparency could pressure Abarca's pricing models.

Differentiation

Abarca Health's Darwin platform is highly adaptable and user-friendly.
The company offers innovative programs like Triple S en Casa for home delivery.
Abarca Health ensures compliance with ever-changing healthcare regulations.

Upsides

Abarca transitioned two million members to Darwin in 18 months, showing operational efficiency.
Collaboration with Blue Shield of California boosts Abarca's reputation in the PBM sector.
Recognition as a top IT workplace attracts top talent, driving innovation.

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