CareMore Health, part of Mosaic Health, is looking for an experienced Financial Planning & Analysis (FP&A) Lead. This essential role serves as a critical finance partner, contributing to financial planning, forecasting, reporting, and business decision-making processes within the organization. The FP&A Lead will have a significant impact on financial performance within a value-based healthcare environment.
Key Responsibilities
The FP&A Lead will undertake a wide array of responsibilities, focusing on financial planning, forecasting, analysis, and internal business partnerships. The primary duties include:
Leading annual budgeting, quarterly forecasting, and monthly financial planning activities for specific business areas.
Developing and maintaining intricate financial models that support operational, clinical, and strategic initiatives.
Analyzing financial performance and identifying emerging trends to outline risks and opportunities for the organization.
Supporting long-range planning with scenario modeling and sensitivity analysis to ensure that the financial strategies align with business goals.
Making recommendations for improvements to forecasting methodologies and enhancing planning processes.
Business Partnership & Decision Support
The role emphasizes building robust partnerships with operational, clinical, and functional leaders within the company. Major responsibilities include:
Translating financial and operational data into actionable insights and strategic recommendations.
Leading monthly variance analysis and sharing performance drivers with leadership teams.
Providing financial guidance concerning business initiatives, investments, and operational improvements.
Presenting financial findings and informed recommendations to senior leadership and stakeholders, fostering a data-driven decision-making culture.
Healthcare Finance & Performance Management
The FP&A Lead must possess a strong comprehension of healthcare-specific financial and operational metrics. Key activities include:
Analyzing metrics like PMPM, utilization, medical cost trends, and membership performance to provide business insights.
Supporting financial modeling for value-based care arrangements, capitation agreements, and shared savings programs.
Collaborating with departments such as Accounting, Actuarial, Clinical, and Operations to understand performance drivers and boost forecasting accuracy.
Process Improvement & Project Leadership
Continuous improvement in financial processes is crucial for this role. The FP&A Lead will:
Lead complex FP&A projects that require cross-functional cooperation and independent problem-solving abilities.
Identify and implement opportunities for enhancing reporting efficiency, forecasting accuracy, and data quality.
Support automation initiatives and the deployment of planning and reporting tools.
Establish and uphold documentation and standards within the FP&A department for governance and reporting.
Leadership & Team Development
As a leader within the finance team, the FP&A Lead will:
Provide guidance, mentoring, and technical support to analysts and team members.
Review analytical outputs and contribute to elevating team capabilities and best practices across the board.
Lead project teams and coordinate efforts among multiple stakeholders to achieve defined business objectives.
Required Skills and Qualifications
Candidates for the FP&A Lead position must meet specific educational and experiential requirements, which include:
A Bachelor's degree in Finance, Accounting, Economics, Statistics, or a related area.
A minimum of 7+ years in FP&A, corporate finance, or healthcare finance experience.
Demonstrated capability in leading financial analyses, planning processes, and cross-functional initiatives.
Experience in working with senior functional leaders and influencing strategic decisions with data-driven recommendations.
Proficiency with financial modeling and analytical skills, and a solid understanding of financial statements, budgeting, and variance analysis.
Familiarity with planning systems such as Workday Adaptive Planning, Oracle, or similar tools.
Knowledge of healthcare finance concepts like PMPM, MLR, IBNR, and value-based care economics is preferred.
Leadership Competencies
The ideal candidate will possess various leadership and interpersonal skills:
Recognized expertise in FP&A and financial analysis with the ability to lead complex projects independently.
Strong analytical, problem-solving skills, and sound business judgment.
Proven capability to mentor and coach finance professionals effectively.
Excellent communication and presentation skills, allowing them to influence stakeholders at all organizational levels.
Compensation
The salary range for the FP&A Lead role is competitive, with figures ranging between $119,313.00 to $178,968.00. This range reflects the value placed on experience and skills, providing a strong incentive for qualified candidates.
Conclusion
The Financial Planning & Analysis Lead position at CareMore Health presents a unique opportunity for experienced financial professionals to make an impactful contribution within the healthcare sector. By overseeing critical financial functions and leading cross-departmental initiatives, the FP&A Lead will play a vital role in driving business success and supporting the organization’s mission.
This job offer was originally published on himalayas.app
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