Director, Financial Planning and Analysis

About the role

Oversees financial planning and analysis (FP&A) activities for either Health Plans or Provider Services, as well as coordinating financial activities across other strategic business units to ensure the financial health of VNS Health. Financial planning activities include, but are not limited to, reviewing operational performance, identifying key issues and trends, developing new financial approaches, preparing financial forecasts/projections, and performing financial modeling and analysis of business operations, new programs and acquisitions and presenting findings to senior leadership. Serves as primary liaison to FP&A leads as well as program leadership. Collaborates with finance leadership to coordinate and monitor the activities of financial planning in accordance with departmental goals and policies. Coaches and mentors staff to increase financial analytical ability. Plans, directs, and coordinates the business and financial functions for a specific Program to ensure streamlined, effective and efficient operations. Collaborates with Program leadership in the development, evaluation, and implementation of business, operational and financial activities, including policies and procedures. Works under general direction.

Responsibilities

• Directs major financial planning activities and milestones, including monthly financials, forecasting and budgeting.
• Works closely with FP&A, Accounting, Actuarial and Program Management to identify operational improvement opportunities and ensure financial health.
• Facilitates the establishment of key planning targets, which serve as the basis for budget and multi-year operating goals.
• Tracks operational performance of business units against budget targets and reports results to senior management.
• Utilizes actual and budgeted financial results to estimate future forecasted volumes, revenues and expenses.
• Analyzes the business and financial operations for the Program.
• Develops, evaluates and implements reporting, standard key performance indicators and business metrics to ensure that the financial performance of the Program is enhanced through the provision of efficient, high-quality services.
• Directs and prepares the Program’s annual budget for areas including revenue, expense and capital budgets.
• Reviews and analyzes monthly variance reports and makes recommendations to Program leadership for action.
• Participates in the financial aspects of strategic planning.
• Manages financial and statistical reporting requirements, including performance indicators, monthly key driver reports, profitability by product and other financial analyses required by VNS Health senior leadership and/or the Board.
• Acts as the primary representative to Corporate Finance on all budgetary matters, including audits, operational flows and cost report activities, relating to the Program.
• Works closely across the Enterprise to identify emerging issues, coordinate planning activities and assemble forward-looking plans.
• Assists with program improvement prioritization and the development and monitoring of success indicators.
• Creates and reviews strategic plans and business cases for program improvement, including