AVP, Market Chief Financial Officer

Job title: AVP, Market Chief Financial Officer

Job Summary

The AVP, Market Chief Financial Officer provides financial oversight, leadership and support to the region/market/corporate; ensures the department proactively collaborates 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/additional 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; have region/market specific knowledge of trends/drivers to influence IBNR models.
• 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 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
• Support the annual budget and monthly/quarterly forecasting process for applicable region/market; provide necessary region/market specific data to ensure assumptions are reasonable
• Support the strategic planning process by providing long term financial projections reflecting the assumptions outlined in the strategic plan
• 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 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; lead trend discussions with region/market leaders
• Responsible for management of departmental staff and expense budget
• Responsible for ma