Senior Director, FP&A

Overview

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.

• Develop and execute cross-business unit FP&A operational strategies that drive process standardization, streamline workflows, improve reporting consistency, and enhance organizational efficiency, transparency, and scalability across the enterprise.
• Conduct deep dives into existing FP&A processes across all business units to identify inconsistencies, inefficiencies, and opportunities for standardization.
  Design, schedule, and facilitate recurring process-sharing meetings where BU FP&A teams present their current approaches, compare notes, and align on best practices.
• Translate findings from process reviews into concrete recommendations, templates, and standard operating procedures.
• Enhance budgetary reporting structure and process in a manner which facilitates transparency, forecast accuracy, timeliness and continuous improvement
• Drive implementation of process improvements across business units and track adoption, escalating barriers as needed

• Own ad hoc and strategic projects, ranging from financial modeling and systems evaluations to cross-functional analyses
• Serve as project lead for initiatives that require coordination across BU finance teams, corporate accounting, and corporate FP&A, bringing structure, timelines, and accountability to loosely scoped work.
• Proactively identify problems or gaps and bring forward recommended solutions

• Support and, over time, own the monthly consolidation of BU-level financial results, forecasts, budgets, and variance commentary into Total Inovalon reporting packages
• Ensure consistent use of templates, definitions, and terminology (e.g., subscription/consumption ACV, ARR, exit rate, prior period run rate, retention, churn) across all BU submissions.
• Identify and resolve data or template inconsistencies before they reach executive-level reporting, working directly with BU finance contacts to close gaps

• Partner with the CFO, VP, FP&A to prepare investor updates, Q  materials, and other external-facing financial communications
• Translate detailed BU-level data into clear, executive-ready narratives covering financial performance.

• Support development of Board-level presentations, ensuring materials are accurate, well-organized, and aligned with company messaging.
• Coordinate input and commentary from business units on a defined timeline ahead of Board meetings.

• Assist in preparing lender reporting packages and covenant compliance materials tied to the company's credit agreement
• Support ad hoc lender requests and related analyses as they arise

• Build strong, trust-based working relationships with FP&A leads across Corporate, Payer, Provider, Insights, and Pharmacy
• Influence outcomes and drive adoption of standardized processes without formal authority over BU teams
• Bring a continuous-improvement mindset, comfortable challenging the status quo and proposing better ways of working
• Communicate effectively with stakeholders at all levels, from BU analysts to senior finance leadership
• Maintain compliance with lnovalon's policies, procedures and mission statement.
• Adhere to all confidentiality and HIPAA requirements as outlined within lnovalon's 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.
• Fulfill those…