Director, Financial Planning and Analysis - Remote - Nationwide

Remote, Nationwide – Seeking Director, Financial Planning and Analysis

Everybody Has A Role To Play In Transforming Healthcare

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.

Join the Vituity Team. At Vituity we’ve cultivated an environment where passion thrives, and success comes through shared purpose. We were founded in a culture that values team accomplishments more than individual achievements, an approach we call “culture of brilliance.” Together, we leverage our strengths and experiences to make a positive impact in our local communities. We foster this through shared goals and helping our colleagues succeed, and we also understand the importance of recognition, taking the time to show appreciation and gratitude for a job well done.

Vituity Locations: Vituity has opportunities at 890 practices across the country, serving 14.5 million patients a year. With Vituity, if you ever need to move, you can take your job with you.

The Opportunity

• 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…