Director, Financial Planning and Analysis - Remote - Nationwide

About the role

Vituity is seeking a Director, Financial Planning and Analysis to join our team. This role plays a crucial part in transforming healthcare through innovative strategies and financial insights.

Responsibilities

• Prepares and presents analyses, forecasts, and recommendations to senior management and officers to support critical decisions for the company.
• Affirms that analyses to support managed care contracting are completed in a timely manner, including data analysis of payers.
• Challenges the company's standard business model and associated formulas to accommodate new growth opportunities and business lines.
• Advises senior management on financial performance relative to budget, identifies areas of risk, and explores opportunities.
• Maintains knowledge of competitor strategy and financial results to facilitate incremental competitive gains.
• Educates Board members on a specific topic each year, such as Med-mal, Insurance/Risk, Cost Accounting, Financial Due Diligence for New Business, and Calculation of Fair Market Value.
• Supports CFO in developing and implementing strategic plans and objectives for the organization aligned with corporate strategy.
• Led the Financial Planning and Analysis (FP&A) team in annual site budgets and enterprise-wide 18-month rolling forecast cycles.
• Safeguards collection per patient forecasts for all specialties, both existing and new contracts.
• Provides senior-level direction on financial analysis and pro-forma development for new growth opportunities.
• Monitors and analyzes monthly new contract growth against forecasted targets.
• Partners with Growth leadership to assess the feasibility of various opportunities, including analysis of available "investment" accounts.
• Directs, produces, and develops financial analyses to support business growth, including multiple site analysis and combination of sites.
• Collaborates with CEP Operations team to understand key financial drivers and creates educational materials for site management.
• Develops financial models for new programs and practice lines and supports the development of business plans for new ventures.
• Reviews monthly/quarterly reporting of actuals compared to forecasts/budgets and reforecasts the business monthly before distribution to leaders.
• Reviews financial reports, analyses, and materials for Board presentations.
• Presents detailed annual budgets and subsequent rolling forecasts for approval by Medical Group clients' board of directors and MedAmerica's board of directors.
• Works with Accounting team on the monthly closing process to ensure site-specific and department-specific reports are available to end users in a timely fashion.
• Provides technical direction and support to FP&A staff and others within Finance.
• Responsible for people management of the FP&A team, conducting bi-annual performance reviews, and coaching team members on areas related to individual professional development plans.
• Oversees the day-to-day activities of FP&A team, providing timely and meaningful written and verbal feedback to staff.
• Takes an active part in several corporate-level cross-functional initiatives and strategic projects.
• Supports the M&A financial evaluation efforts, including due diligence, financial analysis, support of deal structures, negotiations, and transactions, and reports information to the CFO.
• Reviews and recommends action for all stock or bond investments, including those requested by the innovation team.
• Drives initiatives related to optimizing financial systems, creating and improving management reporting.

Requirements

• Bachelor's degree in Accounting or Finance required.
• 10 years of finance-related experience, preferably in healthcare, required.
• Master’s degree in Business Administration preferred.
• CPA or CMA preferred.
• Experience with NetSuite ERP/EPBCS reporting system preferred.
• Prior experience in the healthcare industry preferred.
• Experience working with a multi-state enterprise with multiple corporations and partnerships preferred.
• Highly analytical and detail-oriented.
• Strong communication skills and the ability to partner with CEP physicians and key MedAmerica departments.
• Strong understanding and working knowledge of current accounting and finance reporting practices.
• Advanced experience in Microsoft Excel (Pivot Tables, Vlookup, ability to write simple formulas, etc.).
• Strong analytical skills with a demonstrated ability to research and troubleshoot issues.
• Ability to complete work with high attention to detail and degree of accuracy.
• Ability to work cross-functionally in a fast-paced and changing environment.
• Ability to establish and maintain effective working relationships as required by the duties of the position.
• Excellent written and oral communication skills in order to effectively communicate with a wide variety of audiences.
• Ability to establish and manage multiple priorities while meeting business critical deadlines.
• Strong time management and organizational skills.
• Ability to exhibit high standards of ethics, accountability, and responsibility.
• Positive attitude, strong interpersonal skills, and flexible approach.
• Proven ability to adapt to changing organizational and operational needs and continuously meet deadlines.

Qualifications

• Required Experience and Competencies as outlined above.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office, particularly Excel.
• Knowledge of U.S. GAAP and current accounting practices.
• Experience with financial modeling and forecasting.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.

Benefits

The base salary range for this position is $153,380 - $199,395, exclusive of fringe benefits or potential bonuses. This position is also eligible to participate in our annual corporate Success Sharing bonus program, which is based on the company’s annual performance. Vituity offers a comprehensive compensation and benefits package, including:

• Superior health plan options
• Dental, Vision, HSA/FSA, Life and AD&D coverage
• Generous paid time off starting 3-4 weeks’ annually
• Top Tier 401(k) retirement savings plans with a $1.20 match for every dollar up to 6% plus discretionary profit-sharing contributions (eligible January following 18 months of service)
• Professional and career development program
• EAP and travel assistance included
• Wellness program

We are committed to compliance with all applicable national, state, and local laws pertaining to nondiscrimination and equal opportunity. Vituity is an Equal Opportunity Employer.