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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 ...

CFS

Financial Analyst

Columbus, OH

$90K - $95K/yr

... and variance analysis • Diverse workload that keeps your role dynamic and engaging Key Responsibilities for the Financial Analyst: • Support costing activities and financial analysis of ...

CFS

Financial Analyst

Columbus, OH · On-site

$90K - $95K/yr

... and variance analysis • Diverse workload that keeps your role dynamic and engaging Key Responsibilities for the Financial Analyst: • Support costing activities and financial analysis of ...

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 ...

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 ...

StaffingForce

Senior Financial Analyst

Carson, CA

$89K - $111K/yr

This role partners with cross-functional teams to drive budgeting, forecasting, and variance analysis, ensuring alignment with financial goals. The position plays a key role in improving visibility ...

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Variance Analyst information

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$38.5K

$72.3K

$113K

How much do variance analyst jobs pay per year?

As of Aug 3, 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.

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 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.

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.
More about Variance Analyst jobs
What job categories do people searching Variance Analyst jobs look for? The top searched job categories for Variance Analyst jobs are:
Variance Analyst jobs near you
Infographic showing various Variance Analyst job openings in the United States as of July 2026, with employment types broken down into 66% Full Time, 4% Part Time, and 30% Contract. Highlights an 61% Physical, 5% Hybrid, and 34% Remote job distribution, with an average salary of $72,338 per year, or $34.8 per hour.

Payment Variance Analyst

Truman Medical Centers

Northpoint, AR

Full-time

Re-posted 7 days ago

University Health System (San Antonio) rating

7.9

Company rating: 7.9 out of 10

Based on 62 frontline employees who took The Breakroom Quiz

106th of 887 rated healthcare providers

Job description

If you are a current University Health or University Health Physicians employee and wish to be considered, you must apply via the internal career site.

Please log into myWORKDAY to search for positions and apply.

Payment Variance Analyst101 Truman Medical CenterJob LocationNorthpointKansas City, Missouri
Department
Patient Accounts
Position Type
Full time
Work Schedule
7:30AM - 4:00PM
Hours Per Week
40
Job Description

The Analyst will evaluate and understand contract language as it relates to reimbursement methodologies including those involving, but not limited to, Per Diems, DRG's, Fee Schedules and Percent of Charge Mechanisms. Evaluates payer performance through analysis, investigation and facilitation of resolution. Communicates contract issues, interpretation and modifications to internal/external parties, as appropriate. Duties include reviewing, analyzing and appealing payer underpayments, payer contract variance recoveries and conducting follow up activity with Managed Care team for rate sheet modifications. The Analyst will provide customer service/provider service resolution by identifying and communicating problems with key contracts.

Has extensive knowledge in Medicare, Medicaid, and third party payment programs. Thorough understanding of payer contract terminology. This position is considered a subject matter expert and uses level of proficiency and knowledge to ensure quality and efficiencies in operational processes.

Meets quality measures set forth by regulatory compliance standards, organization, and department. Displays high customer service standards. Serves as a key point person for providing organization details for underpayment and denials. Has a strong ability to communicate information to peers, and management.

Minimum Requirements

  • Bachelor's degree or equivalent obtained through a combination of education and experience

  • Minimum of two years' experience in managed care or government payer payment variance reconciliation

  • Experience with 837i and HIPAA transaction sets such as ICD/CPT/HCPC coding, revenue codes, ICD10 and knowledge of medical terminology

  • Critical thinking and problem solving skills

  • Proficient in use of Microsoft Office products

  • Expert level in use of spreadsheets for analysis purposes

  • Graphic Presentation skills

  • Ability to demonstrate attention to detail

  • Excellent communication skills, oral, written and by use of telephone

  • Excellent customer service skills

Preferred Qualifications

  • Health care experience in a hospital setting

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