Director, Financial Planning and Analysis - Remote - Nationwide

Remote, Nationwide – Seeking Director, Financial Planning and Analysis

At Vituity you are part of a larger team that is driven by our purpose to improve lives. We are dedicated to transforming healthcare through our culture by working together to tackle healthcare’s most pressing challenges from the inside.

• Prepares and presents analyses, forecasts, and recommendations to senior management and officers to support critical decisions for the company.
• Assures that analyses to support managed care contracting are completed in a timely manner including data analysis of payers.
• Challenges our standard business model and associated formulas to fit new potential growth and/or to facilitate new business lines.
• Advises the Officers and Managers on financial performance relative to budget, areas of risk, and opportunity.
• Monitors the financial components of the multi-year strategic plan.
• Maintains working knowledge of competitor strategy and financial results in order help deliver incremental competitive gains across enterprise.
• Educates all Board members regarding one topic per year:
  Med-mal, Insurance/Risk, Cost Accounting, Financial Due Diligence for New Business, Calculation of Fair Market Value.
• Provides senior-level direction on financial analysis and pro-forma development for all new growth opportunities.
• Supports CFO in developing and implementing strategic plans and objectives for the organization in alignment with corporate strategy.
• Leads the FP&A on annual site budgets and enterprise-wide 18-month rolling forecast cycle.
• Assures that collection per patient forecasts are accurate for all specialties for both existing contracts and all new contracts.
• Provides senior-level direction to financial analysis and pro-forma development for site specific “what if” calculations including facilitating education for self-service modules.
• Works closely with Growth leadership to understand portfolio implications of various opportunities including analysis of available “investment” account.
• Responsible for directing, producing, and developing financial analyses to support key decisions for business growth including multiple site analysis and combination of sites.
• Partners with CEP Operations team to facilitate understanding of key financial drivers and creates education materials for site management.
• Develops financial models for new programs and practice lines and supports the development of business plans for new ventures.
• Monitors and analyzes monthly new contract growth against forecasted targets.
• Participates in Growth and Operations to determine if all new contract opportunities should be implemented or cancelled.
• Presents detailed annual budgets and subsequent rolling forecasts for approval by Medical Group clients’ board of directors and Med America’s board of directors.
• Works with Accounting team on the monthly closing process to assure that site-specific and department-specific reports are available to end users in a timely fashion.
• Reviews monthly/quarterly reporting of actuals compared to forecasts/budgets and reforecast the business monthly prior to distribution to leaders.
• Reviews monthly research and written analysis of variances of actual to forecasted growth and provides guidance.
• Reviews financial reports, analyses, and materials for Board presentation.
• Prepares any other ad hoc reports/analyses for senior management.
• Provides technical direction and support to FP&A staff and others within Finance.
• Responsible for people management of the FP&A team.
• Responsible for conducting bi-annual performance reviews, coaching team members on areas related to individual professional development plans.
• Oversees the day-to-day activities of FP&A team.
• Provides timely and meaningful written and verbal feedback to staff.
• Works with staff to achieve their goals and objectives.
• Takes an active part in several corporate-level cross-functional initiatives and strategic projects.
• Provides necessary leadership and management skills to assigned finance functions.
• Helps create finance-related service level agreements with various departments.
• Supports the M&A financial evaluation efforts, including due diligence, financial…