Senior Vice President of Finance (#3242644) (McLean)
The Senior Vice President of Finance will lead financial activities that support critical operational stakeholders. The key areas of emphasis for this role are Corporate Financial Planning and Analysis and operational finance requiring knowledge of MedEcon, Analytics, Clinical Performance and Provider Finance. This role is responsible for developing high-quality business strategies and operational plans, ensuring alignment with our clients short-term and long-term objectives for our population health and other product offerings. The SVP of Finance will be responsible for working with business leader stakeholders to develop financial discipline that supports and improves financial and quality performance. This role will require you to be on-site at our headquarters in McLean, VA.
Responsibilities :
- Drive performance management tied to key metrics / KPIs / business drivers that provide a forward-looking view into trends requiring management decisions and action
- Improve the quality, timeliness, and reliability of financial analysis and key performance metrics available to executive management and the Board, including forecasting, budgeting, and resource allocation in all functional areas.
- Oversee the enterprise level budget process, and the consolidation and synthetization of brand level budgets into a consolidated financial plan.
- Automate processes and systems to achieve efficiency gains and quality improvements.
- Support capital raising by anticipating due diligence requests, gathering and synthesizing data from brand and platform groups, and presenting data in an articulate manner that supports company narrative
- Develop long term plans and strategies to position the company for a successful IPO (~4 year goal)
- In partnership with Actuary / MedEcon, lead pricing and contract term development and negotiation to structure our contracts to be profitable.
- Drive improvements in data alignment and reconciliations to improve contract and member performance.
- Leverage analytics to identify and communicate healthcare cost trends, issues, and total cost of care drivers.
- Assist leadership in developing and evaluating initiatives to address healthcare cost trends.
- Develop incentive strategies for providers that are beneficial to the provider while working within a specified budget.
- Payment Integrity Product Areas- Clinical Claim Review, Payment Analytics, Fraud Capture and Utilization Review
Product Management :
- Oversees new product development strategy and execution
- Responsible for ensuring appropriate product roadmap and collateral documentation is available
- Develops appropriate business cases to obtain funding necessary for new product development
Revenue and Expense :
- Responsible for developing, managing and attaining revenue and expense budget goals
- Manages overall product portfolio integration to the recurring revenue budgeting and forecasting process
- Responsible for systems that identify and mitigate opportunities / risks to the PI revenue portfolio
- Advanced financial analysis and forecasting techniques to project and optimize revenue
- Tracking of opportunities for product expansion and measures product yield in support of annual product revenue expansion targets
Implementations :
- Product implementation team accountable for solution architecture and project management of new implementations
- Develop provider quality and financial incentives and contractual relationships with market providers in connection with wider company provider engagement and operational team.
- Show proficiency in the organizations Renal IQ application and speak to qualitative data outputs in provider facing meetings.
Qualifications :
- Minimum 15 years of progressive experience in Finance leadership roles within healthcare organizations.
- Masters Degree or FSA / ASA Preferred (Business, Healthcare Administration, Public Health)
- Skilled in Financial planning, budgeting, forecasting, and strategic financial analysis.
- Excellent leadership abilities with a track record of developing high performing teams.
- Experience working in a high-growth organization and developing metrics & KPIs to monitor financial performance.
- Strong experience in a consultative sales environment
- Proven financial acumen and ability to work within a complex financial structure
- Exceptional communication and interpersonal skills, capable of engaging effectively with Senior executives, with proven ability to demonstrate respect and cultural awareness when interacting with internal and external stakeholders.
- High integrity, professionalism, and a commitment to excellence in financial management.
- Proven planning, preparation, and presentation skills, with established knowledge of reimbursement, health regulations, and bonus methodologies.
- Proven ability to build trust and cultivate strong relationships across the organization and with external stakeholders.
- Possess strong analytical, research, and organizational skills
- Understanding of Value-Based Contracting / Pay for Performance / Healthcare Trends
- Ability to manage multiple projects and meet tight deadlines
- Comprehensive knowledge of Medicare, Medicaid, and commercial policies, processes, and procedures
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