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Sr. Director, Market Chief Financial Officer (Must Live in New York)

CareSourceNew York, NY

Job Summary:

The Senior Director, Market Chief Financial Officer provides financial oversight, leadership and support to the region/market/corporate; supports the department in collaborating with other departments within the organization; and provides strategic/tactical support to region/market leaders to reach targets.

Essential Functions:

  • 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
  • Assist growth and business development opportunities in existing markets; work with appropriate region/market leadership to ensure reasonable assumptions are made around premium and claims for new markets or products
  • Provide strategic support to region/market/Senior leaders to establish/reach targets
  • Work with region/market leaders to prepare/present Monthly/Quarterly Business Review documents
  • Ability to act with diplomacy and sensitivity to drive favorable resolution to internal and external issues
  • Understand reimbursement methodologies impacting market products
  • Support monthly close process by providing journal entries, accruals and supporting analysis as needed
  • Drive QAI plan for region/market; responsible for coordinating with market/work stream leaders to identify, implement and measure QAI initiatives to exceed targets
  • Coordinate with department leaders and direct management on rate advocacy, revenue maximization efforts (risk adjustment and quality initiatives) and regarding pricing of Medicare, marketplace and other products as appropriate
  • Responsible for cost reports and other regulatory filing requirements, interact with regulatory agencies as needed with support from direct management
  • Support the annual budget and monthly/quarterly forecasting process for applicable region/market; provide necessary region/market specific data to ensure assumptions are reasonable
  • Provides insight into the risk sensitivity associated with the current and future business drivers
  • Coordinate and support independent financial accounting audits and other regulatory financial related audits
  • Utilize and support Health Analytics with 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
  • Responsible for management of departmental staff
  • Develop, implement, and modify processes to ensure efficiency and effectiveness
  • Assess internal controls and make appropriate changes to ensure compliance with MAR, regulatory and other organization requirements
  • Perform any other job duties as requested

Education and Experience:

  • Bachelor’s Degree in accounting, finance or related field or equivalent years of relevant work experience is required
  • Master of Business Administration (MBA) or equivalent graduate degree is preferred
  • A minimum of six (6) years of experience in accounting/finance is required
  • Four (4) years of management experience is required
  • Managed care or healthcare experience is preferred

Competencies, Knowledge and Skills:

  • Familiar with variety of financial analysis concepts, practices and procedures
  • Relies on extensive experienced and judgment to plan and accomplish goals
  • Familiar with variety of accounting concepts, practices and procedures
  • Intermediate proficiency level with Microsoft Office
  • Ability to interact and provide insight and guidance to region/market leadership as well as Executive leadership regarding financial and business matters.
  • Ability to lead the region/market finance function as well as interact with external partners (including Regulators, Actuaries, providers and peer MCO’s)
  • Ability to multitask and demonstrate flexibility in supporting several market leaders/business areas simultaneously
  • Ability to lead and direct the work of others including the development, motivation and rewarding of staff
  • Knowledgeable of internal control framework and ability to successfully perform and document owned internal controls.
  • Decision making/problem solving skills
  • Critical listening and thinking skills analytical skills
  • Conflict resolution skills
  • Planning, problem identification and resolution skills
  • Detail-oriented

Licensure and Certification:

  • Certified Public Accountant (CPA) or other equivalent certification is preferred

Working Conditions:

  • General office environment; may be required to sit or stand for extended periods of time
  • May be required to travel occasionally

Compensation Range:

$135,600.00 - $237,400.00

CareSource takes into consideration a combination of a candidate’s education, training, and experience as well as the position’s scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee’s total well-being and offer a substantial and comprehensive total rewards package.

Compensation Type (hourly/salary):

Salary

Organization Level Competencies

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Fostering a Collaborative Workplace Culture

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Cultivate Partnerships

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Develop Self and Others

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Drive Execution

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Influence Others

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Pursue Personal Excellence

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Understand the Business

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