Jobs · Finance · Pennsylvania

Senior Director, FP&A

Inovalon · Canonsburg, PA · 1 wk ago
Finance$170k–$210k/yrFull-time

Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. We focus on empowering them with data-driven solutions as a united force delivering solutions that address healthcare’s greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value to customers and the millions of patients and members they serve.

About the role

The Senior Director, FP&A serves as a cross-functional driver of consistency, discipline, and continuous improvement across the FP&A organization. This role sits at the intersection of process, consolidation, and executive communication — partnering with FP&A teams across all four business units (Payer, Provider, Insights, and Pharmacy) and Corporate while directly supporting the preparation of materials for the Board of Directors, lenders, and investors.

Responsibilities

  • Process Improvement
    • Develop and execute cross-business unit FP&A operational strategies that drive process standardization, streamline workflows, improve reporting consistency, and enhance organizational efficiency, transparency, and scalability across the enterprise.
    • Conduct deep dives into existing FP&A processes across all business units to identify inconsistencies, inefficiencies, and opportunities for standardization.
    • Design, schedule, and facilitate recurring process-sharing meetings where BU FP&A teams present their current approaches, compare notes, and align on best practices.
    • Translate findings from process reviews into concrete recommendations, templates, and standard operating procedures.
    • Enhance budgetary reporting structure and process to facilitate transparency, forecast accuracy, timeliness, and continuous improvement.
    • Drive implementation of process improvements across business units and track adoption, escalating barriers as needed.
  • Special Projects
    • Own ad hoc and strategic projects, ranging from financial modeling and systems evaluations to cross-functional analyses.
    • Serve as project lead for initiatives requiring coordination across BU finance teams, corporate accounting, and corporate FP&A, bringing structure, timelines, and accountability to loosely scoped work.
    • Proactively identify problems or gaps and bring forward recommended solutions.
  • Consolidation
    • Support and, over time, own the monthly consolidation of BU-level financial results, forecasts, budgets, and variance commentary into Total Inovalon reporting packages.
    • Ensure consistent use of templates, definitions, and terminology (e.g., subscription/consumption ACV, ARR, exit rate, prior period run rate, retention, churn) across all BU submissions.
    • Identify and resolve data or template inconsistencies before they reach executive-level reporting, working directly with BU finance contacts to close gaps.
  • Investor Materials
    • Partner with the CFO and VP, FP&A to prepare investor updates, QBR materials, and other external-facing financial communications.
    • Translate detailed BU-level data into clear, executive-ready narratives covering financial performance.
  • Board Materials
    • Support development of Board-level presentations, ensuring materials are accurate, well-organized, and aligned with company messaging.
    • Coordinate input and commentary from business units on a defined timeline ahead of Board meetings.
  • Lender Materials
    • Assist in preparing lender reporting packages and covenant compliance materials tied to the company's credit agreement.
    • Support ad hoc lender requests and related analyses as they arise.
  • Cross-Business-Unit Collaboration & Change Leadership
    • Build strong, trust-based working relationships with FP&A leads across Corporate, Payer, Provider, Insights, and Pharmacy.
    • Influence outcomes and drive adoption of standardized processes without formal authority over BU teams.
    • Bring a continuous-improvement mindset, comfortable challenging the status quo and proposing better ways of working.
    • Communicate effectively with stakeholders at all levels, from BU analysts to senior finance leadership.
  • Maintain compliance with Inovalon's policies, procedures, and mission statement.
  • Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon's Operating Policies and Procedures.
  • Uphold responsibilities relative to the separation of duties for applicable processes and procedures within your job function.

Requirements

  • Bachelor’s Degree in Accounting, Finance, or related field required.
  • 15+ years of experience in FP&A, corporate finance, or a related discipline, ideally within a multi-business-unit and/or PE-backed organization.
  • 8+ years of previous demonstrated management experience.
  • Demonstrated experience leading or contributing significantly to process improvement initiatives and driving change across teams.
  • Demonstrated understanding of accounting and finance practices and principles, as well as experience in dealing with budgets, forecasts, financial reports, pricing, and operational issues.
  • Prior exposure to Board, investor, or lender reporting preferred.
  • Experience with accounting software, especially general ledger; experience with Oracle and Hyperion SmartView preferred.

Skills

  • Strong financial modeling and Excel skills.
  • Excellent written and verbal communication skills, with the ability to synthesize complex data into clear, concise narratives.
  • A self-starter who takes initiative, manages ambiguity well, and follows through independently on multiple, competing priorities.
  • Evidence of strong leadership presence and ability to present to, and influence, executive decision-makers.
  • Meticulous organizational skills, strong customer focus, and flexibility to adapt to rapidly changing business needs.
  • Ability to influence all levels of staff across different functional areas.
  • Excellent analytical skills and the ability to understand the Company's products and processes.
  • Work under minimal supervision on complex projects.
  • Manage multiple high-priority deadlines efficiently while delivering on goals.

Pay

Base Compensation Range: $170,000—$210,000 USD. This position may also be eligible for performance-based incentives. The actual base pay offered may vary depending on job-related knowledge, skills, experience, business needs, geographical location, and internal equity.

Benefits

  • Health insurance.
  • Life insurance.
  • Company-paid disability.
  • 401k retirement plan.
  • 18+ days of paid time off.
  • Additional benefits to help associates stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments.

This position is not eligible for immigration sponsorship (e.g., H-1B, TN, or E-3). Applicants must be authorized to work in the United States as a condition of employment.

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