Sr. Director, Market Chief Financial Officer

Job Summary:

The Senior Director, Market Chief Financial Officer provides financial oversight, leadership and support to the region/market/corporate; supports the department in collaborating with other departments within the organization; and provides strategic/tactical support to region/market leaders to reach targets.

Essential Functions:

• Provide timely, accurate comprehensive and transparent financial reporting including, but not limited to, operating statements, trend reports and key business reports as needed to region/market and corporate leadership
• Assist growth and business development opportunities in existing markets; work with appropriate region/market leadership to ensure reasonable assumptions are made around premium and claims for new markets or products
• Provide strategic support to region/market/Senior leaders to establish/reach targets
• Work with region/market leaders to prepare/present Monthly/Quarterly Business Review documents
• Ability to act with diplomacy and sensitivity to drive favourable resolution to internal and external issues
• Understand reimbursement methodologies impacting market products
• Support monthly close process by providing journal entries, accruals and supporting analysis as needed
• Drive QAI plan for region/market; responsible for coordinating with market/work stream leaders to identify, implement and measure QAI initiatives to exceed targets
• Coordinate with department leaders and direct management on rate advocacy, revenue maximization efforts (risk adjustment and quality initiatives) and regarding pricing of Medicare, marketplace and other products as appropriate
• Responsible for cost reports and other regulatory filing requirements, interact with regulatory agencies as needed with support from direct management
• Support the annual budget and monthly/quarterly forecasting process for applicable region/market; provide necessary region/market specific data to ensure assumptions are reasonable
• Provides insight into the risk sensitivity associated with the current and future business drivers
• Coordinate and support independent financial accounting audits and other regulatory financial related audits
• Utilize and support Health Analytics with ad hoc and trending analysis – both proactively and as requested to identify drivers and mitigating QAI opportunities; modeling to support market specific contracting and enhancement initiatives
• Responsible for management of departmental staff
• Develop, implement, and modify processes to ensure efficiency and effectiveness
• Assess internal controls and make appropriate changes to ensure compliance with MAR, regulatory and other organization requirements
• Perform any other job duties as requested

Education and Experience:

• Bachelor's Degree in accounting, finance or related field or equivalent years of relevant work experience is required
• Master of Business Administration (MBA) or equivalent graduate degree is preferred
• A minimum of six (6) years of experience in accounting/finance is required
• Four (4) years of management experience is required
• Managed care or healthcare experience is preferred

Competencies, Knowledge and

Skills:

• Familiar with variety of financial analysis concepts, practices and procedures
• Relies on extensive experienced and judgment to plan and accomplish goals
• Familiar with variety of accounting concepts, practices and procedures
• Intermediate proficiency level with Microsoft Office
• Ability to interact and provide insight and guidance to region/market leadership as well as Executive leadership regarding financial and business matters.
• Ability to lead the region/market finance function as well as interact with external partners (including Regulators, Actuaries, providers and peer MCO's)
• Ability to multitask and demonstrate flexibility…