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Variance Analyst Jobs (NOW HIRING)

UHS

Insurance Underpayments Analyst

Richmond, VA · On-site

$16.88 - $25.32/hr

Atlantic Region CBO (uhs.com) The Atlantic Region CBO is seeking a dynamic and talented Variance Analyst - East The primary responsibility of the Variance Analyst is the resolution of over and ...

Jobtailor

Senior Financial Analyst

New Hyde Park, NY · On-site

$85 - $110/hr

* Support the FP&A Manager with monthly business reviews, budget variance analysis, and ad hoc reporting across assigned regions or branches * Build and maintain driver-based forecasting models ...

NorthPoint Search Group

Financial Analyst

Smyrna, GA · On-site

Financial Analyst - Smyrna, GA The Financial Analyst supports budgeting, forecasting, financial reporting, variance analysis, and data automation initiatives to drive business performance and ...

Mastech Digital

Financial Analyst

Fort Worth, TX · On-site

$28 - $30/hr

This person will work closely with the finance and operations teams on financial reporting, budgeting, variance analysis, month-end close, cost control, and business decision support.

Ubertal Inc

Senior Accounting Financial Analyst

San Jose, CA · On-site

$100K - $124K/yr

Prepare and analyze monthly, quarterly, and annual financial statements, financial reports, and variance analysis for executive leadership and CFO review * Manage intercompany accounting including ...

Jobtailor

Corporate FP&A Analyst

Plano, TX · On-site

$90 - $130/hr

Experience supporting budgeting, forecasting, and variance analysis processes * Experience with Power BI, Tableau, or other business intelligence tools preferred * Experience with ERP systems ...

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Variance Analyst information

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$38.5K

$72.3K

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How much do variance analyst jobs pay per year?

As of Aug 24, 2026, the average yearly pay for variance analyst in the United States is $72,338.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,000.00 and $82,500.00 per year, depending on experience, location, and employer.

How does a variance analyst collaborate with other departments to improve financial performance?

Variance Analysts frequently work with teams from operations, budgeting, and management to investigate the root causes of financial discrepancies. They analyze actual versus budgeted figures, prepare detailed reports, and participate in cross-functional meetings to discuss findings and recommend corrective actions. This collaboration is essential for identifying trends, controlling costs, and driving process improvements, making strong communication and teamwork skills vital for success in this role.

What are the key skills and qualifications needed to thrive as a variance analyst, and why are they important?

To thrive as a Variance Analyst, you need strong analytical skills, a solid background in finance or accounting, and proficiency with data analysis, often supported by a relevant degree. Familiarity with ERP systems, advanced Excel, and data visualization tools like Power BI or Tableau is typically required. Attention to detail, problem-solving, and effective communication are vital soft skills for interpreting data and presenting findings. These skills ensure accurate variance analysis, support decision-making, and help organizations control costs and improve financial performance.

What is the difference between Variance Analyst vs Cost Analyst?

AspectVariance AnalystCost Analyst
Primary FocusAnalyzing financial variances between budgeted and actual figuresAssessing and controlling overall costs and expenses
Required CredentialsBachelor's in Finance, Accounting, or related field; CPA or CMA preferredBachelor's in Finance, Accounting, or Business; certifications like CPA beneficial
Work EnvironmentFinance departments, manufacturing, or corporate settingsFinance, manufacturing, or project-based environments
Industry UsageCommon in finance, manufacturing, and corporate sectorsUsed across industries to manage budgets and expenses

While both roles involve financial analysis, a Variance Analyst primarily focuses on identifying and explaining discrepancies between budgeted and actual financial figures. In contrast, a Cost Analyst concentrates on managing and reducing overall costs. Both roles require similar educational backgrounds and often work within the same industries, but their specific responsibilities differ based on their focus areas.

What is a variance analyst?

A variance analyst is a financial professional who compares actual financial results to budgeted or forecasted figures to identify discrepancies. They analyze these variances to help organizations control costs, improve financial performance, and support decision-making, often using tools like Excel or financial software. Strong analytical skills and attention to detail are essential for this role.
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What job categories do people searching Variance Analyst jobs look for?

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Variance Analyst jobs near you
Infographic showing various Variance Analyst job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 75% In-person, and 25% Hybrid job distribution, with an average salary of $72,338 per year, or $34.8 per hour.

Reimbursement Variance Analyst

Orthopedic One

Westerville, OH • On-site

Full-time

Re-posted 29 days ago

Orthopedic One rating

6.8

Company rating: 6.8 out of 10

Based on 15 frontline employees who took The Breakroom Quiz

Job description

  • POSITION SUMMARY
    • Responsible for maintenance of clinic professional charges including updating of procedure and diagnosis codes and associated fee schedule in the practice management system, analysis of reimbursement data to identify and resolve variances, and patient and insurance refunds.
  • RESPONSIBILITIES AND ACCOUNTABILITIES
    • Fee Schedule Maintenance:
      • Updates existing fee schedules with payer allowed amounts annually (or as necessary)
      • Attaches new schedules to all providers, expiring old schedule
      • Monitors CMS & commercial payer websites and transmittals for regulatory changes in reimbursement policies
      • Revises Standard Fees to comply with federal & state billing regulations & guidelines
    • Payment Variance Analysis:
      • Runs carrier variance reports and researches payment inconsistencies identified
      • Corrects invalid allowed amounts in corresponding fee schedules
      • Appeals underpayment errors with carriers
      • Identifies & reports carrier trends to Director
    • Insurance Overpayments / Refunds:
      • Validates insurance overpayments in demand letters from carriers and refund requests from A/R reps, making appropriate account adjustments as needed
      • Runs monthly credit balance reports to identify patient overpayments, conveys funds when appropriate, and places account in refund status
      • Forwards refund requests to Finance Department staff with supporting documentation
      • Processes patient and insurance refund checks for mailing with appropriate claim reconsideration forms or explanation letter, verifying payee name and address
      • Analyzes overpayment trends and recommend corrective procedures
    • Customer Service and Communications:
      • Communicates with patients, insurance carriers and other outside entities in a professional manner.  Identifies solutions and responds professionally to patient concerns, i.e., pleasant tone of voice, courteous language, etc.  Uses appropriate grammar and demonstrates tact and diplomacy in patient interactions, by phone and in person.
      • Diffuses negative situations with patients and maintains a pleasant and professional tone during stressful circumstances and heavy workload.
      • Communicates with staff members in a professional, pleasant manner; Shares information relevant to work, no gossiping or disparaging remarks, accepts work without complaint or provides reasons why assignment is unmanageable, asks and answers questions related to improving department performance
  • TEAMWORK
    • Teamwork: 
      • Willingly provides coverage, volunteers assistance, and maintains workflows within department as needed without direct instruction/supervision.
      • Works cooperatively and refrains from participating in negative conversations.
      • Shares knowledge and insights with co-workers in a constructive manner.
      • Works to solve problems and address conflicts with appropriate person directly before involving leadership or uninvolved peers.
      • Is considerate of others in the work environment with regard to taking breaks or meal periods, use of computer and phone, noise level in the department, etc.
  • POLICIES AND PROCEDURES
    • Policies and Procedures
      • Knows and complies with policies and procedures as enumerated in the Orthopedic One Employee Handbook and policies and procedures documents.
      • Provides assistance and support to leadership in implementing policies and procedures as necessary.
      • Actively participates in training, and conducting day to day work activity by adhering to all policies and procedures as enumerated in compliance and risk management programs.
  • QUALIFICATIONS
    • Education, Experience, Certification and Licensure Requirements:
      • High School Diploma or equivalent required. Previous medical billing experience, preferably in an orthopedic surgery specialty is required. Candidates must have current certification as a Certified Professional Coder. Proficiency with software including practice management systems and Microsoft Excel

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