Director Financial Operations - Government Finance Medicare and Medicaid
Location: Alternate locations may be considered. This position will work a hybrid model (remote and office). The ideal candidate will live within 50 miles of one of our PulsePoint locations.
The Director Financial Operations is responsible for providing strategic planning and financial analysis to support organizational decision-making in Government Business Other Revenue, while leading and directing the financial analysis, management reporting, benchmarking, and cost allocation functions.
How you will make an impact:
Analyzes cost trends linked to Information Technology, eBusiness, Corporate Administration, and house account benefits, and collaborates with senior leaders to establish revenue growth plans and financial targets.
Engages in strategic planning, measurement, benchmarking analysis, as well as management reporting and trend analysis, alongside preparing budget scenarios that include modeling potential new initiatives and investments with their financial returns.
Builds a set of analytical resources and methodologies that explain business performance and financial conditions to enhance decision-making.
Provides finance management support, business planning for the CIO, and participates in the development and execution of the company's revenue strategy.
Conducts cost allocation analysis and review for business segments, and performs modeling scenarios to assess financial outcomes and make pricing and cost assumptions.
Leads business segment budget, forecast process, analytical review, and trend analysis, including measuring performance against targets for new and existing contracts.
Offers financial support for the organization's Information Technology Governance Board and facilitates collaboration across the management team to maximize business plan effectiveness.
Establishes analytical resources and methodologies to explain business performance and financial conditions, enhancing decision-making.
Hires, trains, coaches, counsels, and evaluates performance of direct reports, and recommends mid-course corrections as needed.
Minimum Requirements:
Requires a BA/BS in accounting, finance or business and minimum 10 years experience working in a financial analysis and management reporting function and minimum 6 years management experience in an accounting or finance environment; or any combination of education and experience, which would provide an equivalent background. CPA and/or MBA required.
Preferred Skills, Capabilities, and Experience:
Minimum of 5 years in Government Business finance in Medicare and Medicaid is highly preferred.
Medicaid and Medicare experience and knowledge base with other Revenue experience in Medicare and Medicaid; including but not limited to examples such as maternity kick-payments, ESRD revenue matching, Medicare not as a secondary payer, duals retention, dual status, and Rx pass-through is highly preferred.
Knowledge of Elevance Government Business revenue levers, actuarial practices, and risk scoring preferred.
Extensive financial planning and analysis which includes business modeling, budget planning, investment analysis, and strategic planning concepts is highly preferred.
Exceptional strategic thinking, decision-making, problem-solving skills, and adaptability highly preferred.
Experience interacting confidently with senior management and executive level stakeholders, as a subject matter expert and comfortable with influencing decision-making preferred.
Excellent written, oral, presentation and interpersonal communication skills with the proven ability to negotiate expectations between multiple parties strongly preferred.
Proficient of Microsoft Office products Excel, Teams, Outlook, PowerPoint, and Word strongly preferred.
For candidates working in person or remotely in the below location(s), the salary* range for this specific position is $142,464 to $244,224
Locations: District of Columbia (Washington, DC); Illinois; Maryland; Minnesota; New York
In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.
The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
