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Avp, Market Chief Financial Officer(Needs To Live In Michigan)

Company

CareSource
Address , Remote
Employment type FULL_TIME
Salary
Expires 2023-06-26
Posted at 1 year ago
Job Description
Job Summary:
The AVP, Market Chief Financial Officer provides financial oversight, leadership and support to the region/market/corporate; ensures the department proactively collaborates with other departments within the organization; and provides strategic/tactical support to region/market leaders to reach targets.
Essential Functions:
  • Responsible for making staffing decisions
  • Provide strategic support to region/market/Senior leaders to establish/reach targets
  • Assist growth and business development opportunities in existing/additional markets; work with appropriate region/market leadership to ensure reasonable assumptions are made around premium and claims for new markets or products
  • Responsible for cost reports and other regulatory filing requirements, interact with regulatory agencies as needed
  • Coordinate with department leaders on rate advocacy, revenue maximization efforts (risk adjustment and quality initiatives) and regarding pricing of Medicare, marketplace and other products as appropriate
  • Drive QAI plan for region/market; responsible for coordinating with market/work stream leaders to identify, implement and measure QAI initiatives to exceed targets
  • Work with region/market leaders to prepare/present Monthly/Quarterly Business Review documents
  • Perform any other job duties as requested
  • Support the strategic planning process by providing long term financial projections reflecting the assumptions outlined in the strategic plan
  • Utilize ad hoc and trending analysis – both proactively and as requested to identify drivers and mitigating QAI opportunities; modeling to support market specific contracting and enhancement initiatives; lead trend discussions with region/market leaders
  • Support monthly close process by providing journal entries, accruals and supporting analysis as needed; have region/market specific knowledge of trends/drivers to influence IBNR models.
  • Ability to act with diplomacy and sensitivity to drive favorable resolution to internal and external issues
  • Responsible for management of departmental staff and expense budget
  • Understand reimbursement methodologies impacting market products
  • Support the annual budget and monthly/quarterly forecasting process for applicable region/market; provide necessary region/market specific data to ensure assumptions are reasonable
  • Develop, implement, and modify processes to ensure efficiency and effectiveness
  • Coordinate and support independent financial accounting audits and other regulatory financial related audits
  • Assess internal controls and make appropriate changes to ensure compliance with MAR, regulatory and other organization requirements
  • Provides insight into the risk sensitivity associated with the current and future business drivers
  • Provide timely, accurate comprehensive and transparent financial reporting including, but not limited to, operating statements, trend reports and key business reports as needed to region/market and corporate leadership
Education and Experience:
  • Previous senior level management experience is required
  • Managed care or healthcare experience is preferred
  • Master of Business Administration (MBA) or equivalent graduate degree is preferred
  • Bachelor’s Degree in accounting, finance or related field or equivalent years of relevant work experience is required
  • A minimum of seven (7) years of experience in accounting/finance is required
Competencies, Knowledge and Skills:
  • Relies on extensive experienced and judgment to plan and accomplish goals
  • Planning, problem identification and resolution skills
  • Decision making/problem solving skills
  • Critical listening and thinking skills analytical skills
  • Ability to multitask and demonstrate flexibility in supporting several market leaders/business areas simultaneously
  • Intermediate proficiency level with Microsoft Office
  • Ability to lead the region/market finance function as well as interact with external partners (including Regulators, Actuaries, providers and peer MCO’s)
  • Knowledgeable of internal control framework and ability to successfully perform and document owned internal controls.
  • Ability to interact and provide insight and guidance to region/market leadership as well as Executive leadership regarding financial and business matters.
  • Conflict resolution skills
  • Detail-oriented
  • Familiar with variety of accounting concepts, practices and procedures
  • Ability to lead and direct the work of others including the development, motivation and rewarding of staff
  • Familiar with variety of financial analysis concepts, practices and procedures
Licensure and Certification:
  • Certified Public Accountant (CPA) or other equivalent certification is preferred
Working Conditions:
  • May be required to travel occasionally
  • General office environment; may be required to sit or stand for extended periods of time
Organization Level Competencies
  • Drive Execution
  • Pursue Personal Excellence
  • Develop Self and Others
  • Create an Inclusive Environment
  • Cultivate Partnerships
  • Influence Others
  • Energize and Inspire the Organization
  • Understand the Business

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer, including disability and veteran status. We are committed to a diverse and inclusive work environment.