Vice President, Financial Planning And Analysis

About Us
Newport Healthcare is a nationwide behavioral healthcare organization dedicated to transforming young lives through evidence-based care. To that end, we have assembled the best teen and young adult mental health treatment staff in the country, and we want you to join us. While our experts guide our clients to sustainable healing, our job is to support our valued staff members, and we do that through offering industry-competitive salaries, career growth and skills expansion, student loan repayment and tuition reimbursement, and a company commitment to diversity, equity, and inclusion, among other advantages. Be part of a team that's dedicated to providing compassionate care based in authentic connection, mutual respect, and unconditional love—and experience the rewards of making a difference in the lives of young people and their families each and every day.
Empowering Lives. Restoring Families .®
Responsibilities
The Vice President (VP), Financial Planning and Analysis (FP&A) is responsible for assisting the
CFO in leading and overseeing the company’s overall strategic financial efforts, including
executing the financial strategy, plans, policies, and procedures for the organization through
resources and a highly capable finance team. Develop/manage financial, accounting, and
budgeting reports, metrics, and processes within established timeframes. Assist in due diligence
and integration activities.

• Provide explanations for material operational performance variances to Corporate Finance for monthly financial performance reporting to board of directors.
• Provide content, as requested by Corporate Finance, for quarterly board presentations. Coordinate with key stakeholders across the operation to gather content, manage the review and editing process, and ensure completion on or before Corporate Finance deadlines. VP, FINANCIAL PLANNING & ANALYSIS JANUARY, 2023 Page 2 of 3
• Perform other duties as assigned.
• Manage annual budgeting process for operations; direct the activities and timeline, build consensus around key assumptions, facilitate effective decision making, leverage 8-quarter rolling forecast process to efficiently generate the annual budget for operational business units, and meet Corporate Finance deadlines.
• Build and manage a highly capable finance team to provide periodic detailed financial projection updates, meet reporting timelines, and provide analytical support to the operations team.
• Identify, build plans, and hold teams accountable for achieving P&L targets and performance improvement objectives.
• Lead the development and implementation of efficient and effective processes, including forecasting, budgeting, variance analysis, and reporting that meets Corporate Finance and operations review timelines.
• Play an active role in the due diligence process for acquisition targets. Manage regional operations integration activities and ensure synergies are identified, tracked, and achieved.
• Essential Duties: Serve as a strategic partner to Newport’s CFO, COO, and CHRO and align FP&A team to provide direct support to the regional operations management team for all finance, purchasing, and accounting needs.
• Ensure capital investments follow policies and assist with managing the capital expense request process. Provide analytical support for larger investments to ensure an appropriate ROI.
• Align resources and processes to update and maintain an enterprise planning application to support a rolling eight (8)-quarter forecast.
• Align team resources to partner with Corporate and Marketing functional leaders to monitor Corporate Resource center support for day-to-day operational effectiveness.
• Work closely with Controller to calculate management and lender adjustments to EBITDA as part of the monthly reporting process.
• Assist with vendor management and payment, and drive compliance with purchasing policies and budgeted expenses. Review new vendor contracts and negotiate contracts within authorized limits.

Qualifications

• At least five (5) years’ experience in a financial leadership position responsible for building and managing teams of financial professionals and management of key processes and systems supporting forecasting, budgeting, and reporting.
• BA in finance, economics, accounting, or other quantitative area of study required; MBA in finance preferred. VP, FINANCIAL PLANNING & ANALYSIS JANUARY, 2023 Page 3 of 3
• Experience in a Private Equity (PE) backed healthcare services business
• At least ten (10) years financial management experience spanning forecasting, planning, business analytics, KPIs, M&A diligence, and integration.

Newport Healthcare is an Equal Opportunity Employer.
Newport Healthcare provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, genetic information, or any other characteristic protected by federal, state, or local laws.
Newport Healthcare is committed to ensuring equal employment opportunity, including providing reasonable accommodations to individuals with a disability. Applicants with a physical or mental disability who require a reasonable accommodation for any part of the application or hiring process please email [email protected] for assistance.
For more information on Equal Opportunity, please click here Equal Employment Opportunity Posters