Lead Financial Planning Analyst

Who We Are

Point
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Health is a leading not-for-profit health and well-being organization dedicated to delivering high-quality, affordable healthcare. Serving nearly 2 million members, Point
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Health builds on the legacy of Harvard Pilgrim Health Care and Tufts Health Plan to provide access to care and empower healthier lives for everyone. Our culture revolves around being a community of care and having shared values that guide our behaviors and decisions. We’ve had a long-standing commitment to inclusion and equal healthcare access and outcomes, regardless of background; it’s at the core of who we are.

We value the rich mix of backgrounds, perspectives, and experiences of all of our colleagues, which helps us to provide service with empathy and better understand and meet the needs of the communities where we serve, live, and work.

The Lead Financial Planning Analyst serves as the key administrative expense support person to a subset of all enterprise functional areas. Total administrative cost for these areas is $700M + and includes Operations, Information Technology, Health Care Services, Chief Medical Office, Chief People Officer, Finance and Legal. The position will report to the Senior Manager of Financial Planning & Analysis and provide business partner support and analysis.

Assist with the annual expense planning and forecasting activities for corporate shared service functional administrative costs. Execute monthly close activities and conduct monthly expense reviews with leadership and act as the Finance partner for all financial matters.

Key responsibilities / duties – what you will be doing (top five):

• Budget Management
  • Execute the forecast and annual budgeting process and continually assess for areas of enhancement
  • Conduct Adaptative training as needed and ensure appropriate access for users (promote self‑service).
  • Identify and track monthly expense accrual and coordinate with AP and the accounting team
  • Understand business drivers for any variances by working with the business and use analytics to challenge, explain and project and impact
  • Assist with close material preparation including the monthly SVP/ELT reporting and the monthly / quarterly meetings with leadership to review and discuss.
  • Document financial processes
• Business Partnership
  • Serve as the primary financial contact for the areas of responsibility
  • Monthly financial review meetings with key Directors and VPs
  • Itemize, budget and track budget and actuals for all critical vendors
• Financial Analysis
  • Review and validate budget impact for workforce planning position requests
  • Review and validate budget impact for vendor contracts
  • Assist with verification of cost reduction initiatives
  • Assist with ad hoc financial analysis projects as assigned
  • Types of projects may include (membership shifts, system consolidation, impacts of automation, etc.)
  • Support Manager of Financial Planning & Analysis through Regulatory reporting and benchmarking exercises
• Service Excellence
  • Demonstrate best in class business behaviors
  • Collaboration – Partner with Finance team and business partners to achieve results. Act as one team to ensure work is completed. Always ask how you can help with a constant focus on proactive behavior. Treat business partners as clients with a focus on returning phone calls and emails timely, setting up meetings to discuss critical topics, sharing processes before executing and allowing ample time to review draft documents.
    
    Err on the side of over communicating.
  • Business Knowledge – Demonstrate an understanding of business operations with the goal of becoming the spokesperson for your areas of responsibility.
  • Critical Thinking – Constructively challenge decisions and processes to ensure optimal decision making and performance. Focus on identifying process efficiencies, improving message, and enabling ease of understanding.
• Other projects and duties as assigned.

Education, Certification and Licensure

• Bachelor’s degree in Finance, Accounting or Business - required
• Advanced degree preferred (MBA or Masters) - preferred
  
  Professional license (e.g., CPA, CIA, etc.) - preferred