Notable and growing healthcare company in Orange County is looking for a sharp Senior Manager/Director of FP&A. This position is responsible for the development, facilitation and management of the annual budget and forecasting process for multiple entities. Responsibilities include maintaining the rolling forecast model, analyzing current and past trends in key performance areas, investigating root causes of unexpected variances, preparation and analysis of budget-vs.-actual and forecast-vs.-actual variance reports, and the development of ad-hoc reports to support the business. The position will also be responsible for providing advanced analytics on ad-hoc projects such as contract margin, operating expenses, progressive reimbursement models (value-based contracts), and outside specialty medical cost and use trends.

Responsibilities:

• Manage all FP&A functions including but not limited to annual budgeting, forecasting, analysis of actual-to-budget and actual-to-forecast. Annual budgeting will include but not be limited to Income Statement, Balance Sheet, Cash Flow and Capital Projects

• Develop ad-hoc reports to support the business segments and departments as needed.

• Develop, implement and maintain internal controls and department policies and procedures to ensure compliance with Health Plans, governmental agencies

• Produce and enhance weekly, monthly and annual KPI reporting

• Analyze current and past trends in key performance indicators including all areas of revenue, medical expenses, and operating costs

• Project and evaluate EBITDA margins on existing and new business opportunities.

• Identify and track significant contractual terms and capture in forecasts, including cost saving initiatives (medical and operating expense initiatives, vendor contract efforts, or medical utilization interventions); and revenue enhancement initiatives (e.g. Risk-Adjustment revenue, P4P/STARs, rate negotiations).

• Consult with Clinical and Operational leaders to identify performance improvement opportunities and initiate programs to build efficiencies / optimize results

• Manage preparation and presentation of complete and accurate monthly, year-end financial results package comparing budget to actual.

• Mentor staff, create and monitor annual performance goals, and provide growth opportunities through guidance, education and training, monitor job performance and offer feedback and assistance when needed

• Builds cross-functional relationships within the department and across other departments including but not limited to Accounting, IT, Payroll, Physician Reimbursement, and Purchasing with regard to general ledger activity and department needs.

People

• Create a climate in which people want to work to do their best; inspires and motivates staff to achieve company goals.

• Push task and decisions down to empower others to be able to do their job and encourage teamwork.

• Establish clear responsibilities and expectations for employees, set goals, hold employees accountable and provide proper coaching and developing.

Financial Stewardship

• Demonstrate understanding of financial impact their department has on the organization as a whole.

• Oversee that policies and procedures are followed within the department.

• Effectively participate in the development of departmental operational and capital budgets as applicable.

Quality and Service.

• Maintain dedication to meeting expectations and requirements of internal customers.

• Identify opportunities for improvement, develop and implement effective solutions.

Strategic Growth

• Identifies opportunities for process improvement and implements approved plans.

• See change as an opportunity, constantly learns and creates new ways to develop department.

Job Qualifications

Required: Bachelor’s Degree in Accounting or Finance.

Minimum 8+ years of experience with at least 2 years of finance experience in a health plan, risk-bearing medical group or managed care MSO/IPA organization

Preferred: MBA and additional 2+ years in a management / supervisory role

Skills or Other Qualifications

Required: Solid accounting, financial forecasting/budgeting, financial discipline and knowledge of medical economics. . Interpersonal skills, multi-tasking ability, strong Excel skills, Power Point, familiarity with computerized financial systems, familiarity with internal control procedures.

Preferred: Familiarity with EPSI and larger ERP applications.