Manager, Financial Planning & Analysis
Under general supervision, the Financial Planning & Analysis Manager is responsible for developing and maintaining the financial planning, analysis and budgeting functions, and providing financial decision support information, consistent with HPSJ objectives and policies. Work is varied and complex, and requires a moderate degree of discretion and independent judgment.
Develops or participates in the development of department objectives and action plans; monitors progress and implements appropriate interventions based on results.
Plans and assigns work ensuring that timely and effective adjustments are made.
Analyzes or oversees the thorough and meaningful analysis of key line items such as membership, revenue, healthcare costs and provider incentives.
Develops and prepares effective decision support tools and financial models for accurate evaluation of performance and to assist in management decision-making.
Supervises or performs quantitative and qualitative analyses on a variety of complex and diverse strategic and operation issues, including but not limited to cost, performance, utilization and financial impact.
Leads the timely, accurate and efficient budget compilation and coordination, including comprehensive and well documented assumptions, and budget controls.
Delivers financial analytical insight and recommendations in succinct and compelling presentations for internal and external stakeholders and an executive audience.
Conducts timely and accurate forecast preparations and consolidations, identifying key issues and trends, and opportunities and risks.
Collaborate with business owners to develop solutions to high cost drivers and establish monitoring systems to determine their effectiveness.
Develops, implements and maintains, and oversees the development, implementation and maintenance of appropriate and required records, documents and procedures.
Identifies the need for and oversees department implementation of department-related system enhancements.
Collaborates with external and internal stakeholders to maintain the validity and integrity of data sources.
Prepares for internal and external audits, and assists in the preparation of recommendations, responses and reports.
Develops or assists in the development of department budget; manages budget for area of responsibility.
Represents the Finance Departments interests in data warehouse development and data governance activities.
Hires, develops, supervises and retains an adequate and competent staff.
In-depth knowledge of and ability to apply and facilitate the adoption of best practices.
In-depth knowledge of the principles and practices of financial planning and analysis.
Strong financial acumen, with the ability to understand the operations and challenges in the provider networks department as well as other business units and how the organization’s information assets may be leveraged to provide solutions.
Strong knowledge of the laws and regulations governing healthcare, and ability to determine their impact.
In-depth knowledge of automated financial and accounting reporting systems.
Strong financial modeling and analysis skills, with the ability to analyze and evaluate complex issues and recommend and implement solutions.
Strong knowledge of the business, economic, demographic, and political trends and developments affecting healthcare.
Manages complexity: Makes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
Decision quality: Makes good and timely decisions that keep the organization moving forward.
Strategic mindset: Sees ahead to future possibilities and translates them into breakthrough strategies.
Ability to develop and execute goals and associated business plans.
Drives results: Consistently achieves results, even under tough circumstances.
Resourcefulness: Secures and deploys resources effectively and efficiently; organizes people and resources to solve problems and identify opportunities.
Plans and aligns: Plans and prioritizes work for self and others to meet commitments aligned with organization goals.
Ensures accountability: Holds self and others accountable to meet commitments.
Strong interpersonal skills, including the ability to establish and maintain effective working relationships with individuals at all levels inside and outside of HPSJ.
Strong oral and written communication skills, including the ability to communicate professionally to diverse individuals and groups inside and outside of HPSJ; includes the ability to effectively explain complex information.
Strong presentation skills, including but not limited to the ability to tailor presentations to specific audience, and identify key messages.
Strong listening skills, with the ability to accurately receive and understand messages.
Persuades: Uses compelling arguments to gain the support and commitment of others.
Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives.
Situational adaptability: Adapts approach and demeanor in real time to match the shifting demands of different situations.
Being resilient: Rebounds from setbacks and adversity when facing difficult situations.
Strong knowledge of change management theory, with the ability to implement effectively.
Strong project management skills and demonstrated ability to lead complex initiatives.
Demonstrated ability to articulate and support HPSJ’s vision, mission, values and strategy, integrate into management practices, and foster their manifestation among staff.
Strong management skills, including but not limited to the ability to supervise staff in a manner that maximizes employee performance and business results.
Advanced Excel skills, including the ability to create complex formulas and templates.
Intermediate skills in Windows, Word, PowerPoint and Outlook.
Ability to speak and be understood in English.
Ability to treat confidential information with appropriate discretion.
Basic knowledge of the principles and practices of managed care, as they apply to finance, including capitation, fee for service, IBNR, risk sharing and HEDIS.
Basic knowledge of predictive modeling.
Basic knowledge of state funded programs, including regulations, funding mechanisms and reporting requirements.
Bachelor’s Degree in Accounting or related field; and
At least five years’ management-level financial planning and analysis experience in healthcare; and
At least two years’ supervisory experience; or
Equivalent combination of education and experience.
Master’s in Business Administration
Knowledge of regulatory guidelines related to State and federally sponsored programs (i.e., Medi-Cal, Medicare).