Financial Analyst, Cedar
$97-115k
+ Equity
More information about location
Financial engagement & billing for healthcare providers
Open for applications
Financial engagement & billing for healthcare providers
501-1000 employees
Open for applications
$97-115k
+ Equity
More information about location
501-1000 employees
Company mission
To make healthcare more affordable and accessible through its consumer-friendly platform.
Role
Who you are
- We're seeking a highly analytical and strategic thinker, focusing on Commercial and Product Finance initiatives
- Our ideal candidate is highly strategic, analytical, and data-driven, with the ability to balance detailed product economics while maintaining sight of Cedar's broader commercial vision
- The right person will be equally comfortable diving deep into product metrics and cost structures as they are discussing pricing strategy with commercial teams
- As a crucial cross-functional position, this individual will need exceptional communication skills to effectively partner with product managers, engineering leads, sales executives, and finance leadership while delivering insights that drive strategic decision-making
- 1-3 years of experience, preferably in investment banking, high-growth corporate finance, private equity or venture capital
- Strong attention to detail and ability to utilize data to determine decisions
- Outstanding financial modeling and forecasting skills
- Excellent proficiency in Excel and developing modeling skills and advanced querying
- Positive attitude with desire to work across multiple teams and comfortable wearing multiple hats
- Excellent listening and communication skills (verbal, written, presentation) and ability to partner with technical and non-technical stakeholders
- Passionate about Cedar’s mission of improving the healthcare finance experience
What the job involves
- At Cedar, know that your work will have a meaningful impact on people’s lives
- Cedar is seeking an Analyst to join our Strategic Finance team! This individual will play a meaningful role in driving a data-driven approach to our long-term business strategy and ensure execution on those goals
- This role will be instrumental in driving data-driven decision-making across our product portfolio and commercial operations as we scale in 2025 and beyond
- This role sits at the intersection of product, engineering, sales, and finance, requiring someone who can translate complex technical and financial concepts across different audiences
- Assist in improving existing financial model frameworks for evaluating new product investments and pricing strategies
- Partner with Product and Engineering teams to develop and maintain product-level P&Ls and profitability analysis
- Partner with Sales and Marketing teams to analyze pricing effectiveness and market opportunities
- Support resource allocation analysis across products and features to optimize R&D investments
- Develop cost allocation methodologies to understand client and product-specific economics
- Support the development and implementation of pricing strategies for both existing and new products
- Assist in deal desk operations by providing financial analysis for complex deal structures
- Help build and maintain revenue forecasting models with a focus on Contracted Annual Recurring Revenue
- Support the creation of analytical models and tools for market evaluation
- Assist in creating board and executive materials related to product and commercial performance
- Support preparation of quarterly portfolio reviews and product investment materials
- Collaborate on development of business cases for new product initiatives
- Help develop and track KPIs for measuring success of new product launches and commercial initiatives
- Assist in the development of key performance indicators (KPIs) for new product launches and commercial initiatives
- Partner with cross-functional teams to improve data quality and reporting processes
Our take
Over $1 billion is said to be lost annually by physicians as a result of inefficient and disjointed healthcare billing practices. The subsequently low patient satisfaction rates lead to poorer care, and real losses for providers who see patients switching away from their plans.
Cedar looks to remedy these issues with a selection of consumer-facing services which streamline billing, insurance and healthcare processes. Healthcare billing concerns a huge percentage of US adults, so optimizing patient satisfaction is of increasing concern - a great opportunity for the company.
After acquiring competing patient finance streamlining service OODA Health in 2021, Cedar netted substantial funds and launched its Payer Intelligence Layer. This allows it to integrate data from insurers and providers to create a single source of information. The company was also endorsed by the Montana Hospital Association's shared services division, to be listed as its only preferred patient financial engagement technology.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Dec 2022
$68.4m
SERIES D
Mar 2021
$200m
SERIES D
Total funding: $394.4m
Company benefits
- Flexibility to work from home or in the office, depending on what works best for you
- Health insurance
- Offices in Manhattan, San Francisco and Salt Lake City
- Free lunch, healthy snacks, cold brew and kombucha on tap (Yup!)
- Guided-meditation and game nights (Weekly!)
- Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year
- 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
- Diversity initiatives that encourage Cedarians to bring their whole selves to work, including three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
- Equity (for qualifying roles) and health benefits that start on your first day
- 401k plan with 3% employer non-election contribution
- Access to hands-on mentorship, employee and management coaching, and a stipend for learning and development resources to help you grow both professionally and personally
Company HQ
West Village, New York, NY
Leadership
Arel Lidow
(Co-Founder)Previously VP of product at AppNexus where they supervised the development and launch of the company’s flagship products. Began their career as a technology associate at Bridgewater Associates, working on trading systems for the world’s largest hedge fund.
Dr. Florian Otto
(Co-Founder & CEO)Previously an executive at Zocdoc where they drove the commercial adoption of the platform. Also founded a daily deal company in Brazil (ClubeUrbano) that was eventually acquired by Groupon. Began their business career as a strategy consultant at McKinsey & Company.
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