---
title: 'Senior Financial Analyst at Inovalon'
canonical: 'https://feeny.ai/job/senior-financial-analyst-inovalon-bowie-54dg0yd9m60e'
type: 'job'
last_seen: '2026-09-04'
---

# Senior Financial Analyst at Inovalon

- **Company:** Inovalon
- **Location:** Bowie, MD
- **Compensation:** $85k–$105k
- **Posted:** 2026-09-01
- **Last confirmed live:** 2026-09-04
- **Apply:** https://www.inovalon.com/careers/job/?gh_jid=7979464003

## Job description

Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building.

Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare’s greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve.

Overview: The Senior Financial Analyst will serve as a key financial partner within the Payer Business Unit FP&A team responsible for producing business unit financial reporting, ad hoc operational models, driver-based forecasts, and leadership packages for assigned product lines. The incumbent will analyze key business trends, actual versus plan variances, and SaaS operational metrics across hybrid revenue models (subscription vs. consumption/usage-based revenue), and will serve as a financial liaison to the business unit leadership team, Sales Operations, Customer Success, and Product departments while actively driving FP&A process improvements and reporting automation.

Duties and Responsibilities:

- Assist in developing and maintaining driver-based forecasting models for hybrid SaaS revenue streams, balancing predictable subscription ARR with variable consumption and usage-based metrics;
- Develop, track, analyze, and report on key SaaS operational KPIs (ARR, NRR, GRR, CAC, LTV, Client Churn/Renewal);
- Prepare monthly data reporting packages that include analysis of key business trends and actual versus plan variances, including comprehensive explanations of differences as well as the impact of operational drivers to budget/forecast;
- Produce routine and ad hoc financial operational models to support business unit leadership in decision making;
- Support process improvement, workflow automation, and standardization of data used in monthly, quarterly, and annual business unit performance reports;
- Design, develop and produce standard monthly, quarterly, and annual performance analytics using Oracle Hyperion;
- Collaborate with business unit finance team members to classify, quantify, and/or forecast business metrics & risks by providing reliable, accurate, comparable and timely information;
- Articulate findings on a regular basis to business unit management and cross-functional stakeholders;
- Document and/or build simulations and perform operational financial analyses;
- Assess quality and integrity of data collected, analysis performed, and reports generated;
- Support business unit capex budgeting and forecasting;
- Support business unit operating expenditure (Opex) budgeting and forecasting;
- Maintain compliance with company policies, procedures and mission statement;
- Adhere to all confidentiality and HIPAA requirements as outlined within Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position; and
- Fulfill those responsibilities and/or duties that may be reasonably provided for the purpose of achieving operational and financial success of the business unit.

Job Requirements:

- Minimum of 5+ years of combined finance or accounting experience, including 3+ years in a financial analyst role, with direct exposure to business unit FP&A or embedded operational finance;
- Demonstrated knowledge of SaaS unit economics, metric calculation, and operational KPIs;
- Ability to partner with internal customers and cross-functional teams effectively;
- Advanced Excel skills required (VBA experience is a plus);
- Prior Hyperion planning (Planning / Essbase / Smart View) experience preferred;
- Strong analytical and problem-solving skills with strong attention to detail;
- Ability to create models that provide “what if” capabilities;
- Understanding of US GAAP
- Track record of driving process improvement and reporting automation;
- Desire to consistently exceed expectations and take on more responsibility;
- Must be very detail oriented and self-motivated, as this position generally requires employees to work independently.
- Experience in Healthcare, Healthcare Technology, or Software/SaaS environments a plus; and
- Experience modeling mixed or hybrid revenue models (subscription vs. consumption/usage-based pricing) a plus.

Education:

- Bachelor’s Degree in Business Administration, Finance or Accounting.

Physical Demands and Work Environment:

- Sedentary work (i.e., sitting for long periods of time);
- Exerting up to 10 pounds of force occasionally and/or negligible amount of force;
- Subject to environmental conditions; and
- Travel for this position will include less than 5% locally, usually for training purposes.

Inovalon Offers a Competitive Salary and Benefits Package

In addition to the base compensation, this position may be eligible for performance-based incentives.

The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal equity.  At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.

Inovalon invests in associates to help them stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments. That’s why Inovalon offers a valuable [benefits package](https://www.inovalon.com/careers/#benefits) with a wide range of choices to meet associate needs, which may include health insurance, life insurance, company-paid disability, 401k, 18+ days of paid time off, and more.

Base Compensation Range $84,600—$105,000 USD

This position is not eligible for immigration sponsorship (e.g. H-1B, TN, or E-3). Applicants must be authorized to work in the United States as a condition of employment. (This is only applicable for US-based positions)

If you don’t meet every qualification listed but are excited about our mission and the work described, we encourage you to apply.  Inovalon is most interested in finding the best candidate for the job, and you may be just the right person for this or other roles.

By embracing inclusion, we enhance our work environment and drive business success. Inovalon strives to provide equal opportunities to the communities where we operate and to our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.

Inovalon is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.

To review the legal requirements, including all labor law posters, please visit this [link](https://postings.govdocs.com/#/8sZXnFNWk3KYs3F)

To review the California Consumer Privacy Statement: Disclosures for California Residents, please visit this [link](https://www.inovalon.com/privacy-policy/)

## About Inovalon

## Company Overview
- **One-liner**: Inovalon is a leading provider of cloud-based software solutions and data analytics that empower healthcare organizations to improve clinical outcomes and economics.
- **Entity Type**: Private (not publicly traded)
- **Headquarters**: Bowie, Maryland, USA
- **Founded**: 2000 (approximately 25 years as of 2025)
- **Founders**: Not publicly available

## Core Business
- **Primary industry**: Healthcare data analytics and cloud-based software
- **Target customers**: B2B – health plans (payers), providers, pharmacies, and life sciences companies (including 15 of the top 15 U.S. health plans and 25 of the top 25 global pharmaceutical companies)
- **Mission or purpose**: To empower data-driven healthcare by bringing together national-scale connectivity, real-time primary source data access, and advanced analytics to improve patient outcomes and healthcare economics.

## Products & Services
- **Inovalon ONE Platform**: A sophisticated cloud-based platform that integrates data, analytics, and workflow solutions for quality improvement, risk adjustment, pharmacy operations, revenue cycle management, and health economics outcomes research.
- **Converged Quality**: Quality measure analytics and predictive insights to drive timely interventions.
- **DataStream**: Real-time primary source data access for connectivity across payer, provider, pharmacy, and life sciences settings.
- **Claims Management Pro**: Streamlined claims processing with all-payer visibility and appeals management.
- **Pharmacy Solutions**: Tools to decrease time-to-fill, improve adherence risk predictions, and support specialty pharmacy operations.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (company was taken private in 2021)
- **Key Metric**: Over 50,000 active, licensed customers; data informed by 99 billion medical events, 1.1 million physicians, 733,000 clinical settings, and 458 million unique lives.
- **Notable Investors/Partners**: Partners include 15 of the top 15 U.S. health plans, 25 of the top 25 global pharmaceutical companies, and 13 of the top 15 U.S. specialty pharmacies.
- **Growth Signals**: Employee count exceeds 4,000; third consecutive year of Great Place To Work® certification; ongoing expansion of platform capabilities and customer base across the healthcare continuum.

## Competitive Advantages
- **National-scale connectivity** with real-time primary source data access from a vast network of physicians, clinical settings, and health plans.
- **Advanced analytics and machine learning** embedded into workflow solutions for quality, risk, pharmacy, and revenue cycle management.
- **Deep domain expertise** across payer, provider, pharmacy, and life sciences, enabling tailored, integrated solutions.

## Strategic Focus
- **Current priorities**: Enhancing the Inovalon ONE Platform to drive improved clinical outcomes and cost efficiencies; expanding data reach and analytic capabilities; strengthening employee engagement and culture through direct feedback initiatives.
- **Direction for growth**: Continued investment in data-driven innovations, partnerships with top healthcare organizations, and scaling the platform to support the entire care continuum.

## Why Work Here
- **Culture highlights**: Certified as a Great Place To Work® for three consecutive years (2023–2025); strong focus on employee engagement, transparency, and inclusion through employee networks (VETS, LGBTQ+ Alliance, Women in Technology).
- **Remote/hybrid/office policy**: Multiple office locations (Bowie, MD; Canonsburg, PA; Tampa, FL; Phoenix, AZ; Hyderabad and Gurugram, India). Roles likely require a hybrid or in-office presence; specific policies vary by position.
- **Notable perks and benefits**: Competitive medical/dental/vision insurance, 401(k) with employer match, paid parental leave, tuition reimbursement, professional development reimbursement, paid time off, and a 10-week paid summer internship program.
- **Engineering culture**: Emphasis on data science, machine learning, and cloud technology; opportunities to work on large-scale healthcare data systems that impact millions of lives.

## Sources
1. [inovalon.com](https://www.inovalon.com/) – Company homepage and product overview
2. [inovalon.com/our-company](https://www.inovalon.com/our-company/) – About page, locations, employee count
3. [inovalon.com/careers](https://www.inovalon.com/careers/) – Careers page, benefits, employee networks, internships
4. [inovalon.com/news](https://www.inovalon.com/news/inovalon-earns-2025-great-place-to-work-certification-for-third-consecutive-year/) – Great Place To Work certification announcement
5. [linkedin.com/company/inovalon](https://www.linkedin.com/company/inovalon) – LinkedIn company page

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