Job Description
Senior Vice President, Finance
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This position is responsible for building, oversight, and growth of a customer centered Finance organization. Areas of oversight include accounting, financial reporting, financial planning, actuarial analysis, rate development, risk revenue, and procurement. Primary duties include strategic leadership, planning, and relationships, financial management and guidance, and development and oversight of effective teams.
Estimated Hiring Range:
$264,510.00 - $323,290.00
Bonus Target:
Bonus - SIP Target, 10% Annual
Current CareOregon Employees: Please use the internal Workday site to submit an application for this job.
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Essential Responsibilities
Technical/Strategic Leadership
- Provide strategic leadership across financial functions in support of Medicaid, Medicare, and other populations.
- Liaison with transformation planning team, on topics including roadmap development and goal prioritization.
- Identify and oversee financial investments and costing decisions aligned with organizational strategic priorities.
- Ensure effective operations and measurements, including compliance and regulatory reporting of required activities under contract.
- Oversee effective execution of the organization’s budgeting and forecasting activities, actuarial analyses, accounting operations, financial reporting, risk adjustment and procurement functions.
- Support emerging opportunity assessments involving the creation or onboarding of new organizations or new strategic partnerships.
- Advise executive leadership on emerging market trends and best practices for financial operations.
- Promote a culture of continuous improvement, service, and accountability while developing staff and leaders.
- Serve as Executive Sponsor for key projects and initiatives.
Strategic Planning
- Actively and regularly participate in strategic planning and collaboration at the organizational level.
- Provide counsel to the organization’s executive leadership on short- and long-term planning.
- Lead the development of vision and goals for areas of oversight.
- Maintain a deep understanding of CareOregon operations and strategic functions, their strengths as well as internal or external threats.
Financial/Resource Management
- Develop, propose, and oversee budgets in alignment with strategic planning and organizational needs.
- Counsel on financial and labor allocations across the organization, including people, finances, and timelines.
Relationship Management
- Develop, implement, and manage strategic relationships with stakeholders.
- Ensure strategic messages are regularly and effectively relayed to appropriate internal and external stakeholders.
- Collaborate with other departments in the development and implementation of new care models that require ongoing clinical support and innovation.
Employee Supervision
- Direct team(s) and establish team direction and goals in alignment with the organizational mission, vision, and values.
- Identify work and staffing models; recruit, hire, and oversee a team to meet work needs, using an equity, diversity, and inclusion lens.
- Identify department priorities; ensure employees have information and resources to meet job expectations.
- Lead the development, communication, and oversight of team and individual goals; ensure goals, expectations, and standards are clearly understood by staff.
- Manage, coach, motivate, and guide employees; promote employee development.
- Incorporate guidance from CareOregon equity tools into people leadership, planning, operations, evaluation, budgeting, resource allocation, and decision making.
- Ensure team adheres to department and organizational standards, policies, and procedures.
- Evaluate employee performance and provide regular feedback to support success; recognize strong performance and address performance gaps and accountability (corrective action).
- Perform supervisory tasks in collaboration with People and Culture as needed.
Experience and/or Education
Required
- Minimum 10 years of related experience, including emphasis in the areas of strategic leadership, financial management, relationships and building effective teams
- Minimum 5 years of experience in the managed care or healthcare industry
Preferred
- Minimum 5 years of experience in a supervisory position
- Minimum 5 years of experience specific to Medicaid and Medicare plans
Knowledge, Skills and Abilities Required
Knowledge
- Excellent knowledge of and leadership skills across multiple finance functions, including accounting, financial reporting, financial planning, forecasting, actuarial analysis and risk adjustment
- Expert understanding of financial structures, fiscal responsibility, and the economic impact of business decisions
- Strong understanding of managed care, health care, and relevant regulatory systems
Skills and Abilities
- Leadership effectiveness and ability to design and implement constructive change
- Ability to negotiate and execute complex contractual relationships to align with specific corporate initiatives, strategies, goals, and objectives
- Exceptional relationship-building skills to promote an open and positive atmosphere
- Excellent presentation skills; ability to speak clearly and persuasively in positive or negative situations
- Ability to effectively communicate verbally and in writing organizational mission, vision, and goals to all levels of the organization
- Ability to develop and lead high performing teams, including hiring, goal setting, coaching, performance management, and development
- Ability to make complex and timely decisions, exhibiting sound and accurate judgment
- Strong analytical and problem-solving skills
- Ability to work effectively with diverse individuals and groups
- Ability to learn, focus, understand, and evaluate information and determine appropriate actions
- Ability to accept direction and feedback, as well as tolerate and manage stress
- Ability to see, read and hear for at least 6 hours/day
- Ability to speak clearly and perform repetitive finger and wrist movement for at least 3-6 hours/day
Working Conditions
Work Environment(s): ☒ Indoor/Office ☐ Community ☐ Facilities/Security ☐ Outdoor Exposure
Member/Patient Facing: ☒ No ☐ Telephonic ☐ In Person
Hazards: May include, but not limited to, physical and ergonomic hazards.
Equipment: General office equipment
Travel: May include occasional required or optional travel outside of the workplace; the employee’s personal vehicle, local transit or other means of transportation may be used.
Work Location: Hybrid-Office 2 days/week
We offer a strong Total Rewards Program. This includes competitive pay, bonus opportunity, and a comprehensive benefits package. Eligibility for bonuses and benefits is dependent on factors such as the position type and the number of scheduled weekly hours. Benefits-eligible employees qualify for benefits beginning on the first of the month on or after their start date. CareOregon offers medical, dental, vision, life, AD&D, and disability insurance, as well as health savings account, flexible spending account(s), lifestyle spending account, employee assistance program, wellness program, discounts, and multiple supplemental benefits (e.g., voluntary life, critical illness, accident, hospital indemnity, identity theft protection, pre-tax parking, pet insurance, 529 College Savings, etc.). We also offer a strong retirement plan with employer contributions. Benefits-eligible employees accrue PTO and Paid State Sick Time based on hours worked/scheduled hours and the primary work state. Employees may also receive paid holidays, volunteer time, jury duty, bereavement leave, and more, depending on eligibility. Non-benefits eligible employees can enjoy 401(k) contributions, Paid State Sick Time, wellness and employee assistance program benefits, and other perks. Please contact your recruiter for more information.
We are an equal opportunity employer
CareOregon is an equal opportunity employer. The organization selects the best individual for the job based upon job related qualifications, regardless of race, color, religion, sexual orientation, national origin, gender, gender identity, gender expression, genetic information, age, veteran status, ancestry, marital status or disability. The organization will make a reasonable accommodation to known physical or mental limitations of a qualified applicant or employee with a disability unless the accommodation will impose an undue hardship on the operation of our organization.