Portfolio Director

Portfolio Director

Location: Ashburn VA, Indianapolis IN, Atlanta GA, New York NY, Iselin NJ, Woodland Hills CA, Tampa FL, Grand Prairie TX, Louisville KY, Mason OH, Chicago IL

Hours: Standard working hours

Travel: This role requires associates to be in-office 3 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Portfolio Director is responsible for financial governance, planning, forecasting, budgeting, compliance, and executive reporting across the Federal Employee Program (FEP) portfolio and others alike. This role serves as a trusted advisor to technology and business leadership, ensuring financial integrity, funding compliance, portfolio transparency, and effective stewardship of government-funded investments.

The successful candidate will oversee portfolio financial management processes, including budget development, staffing governance, spend forecasting, cost center management, vendor funding oversight, release training engineering and executive financial reporting. This role will partner closely with Technology Directors, Portfolio Management, Finance, HR, Procurement, and Executive Leadership to ensure accurate financial planning and support strategic decision-making across a multi-million-dollar portfolio.

Primary Duties and Responsibilities:

• Financial Planning & Forecasting
• Staffing & Resource Governance
• Portfolio Financial Management
• Budget Development & Cost Center Management
• Executive Financial Reporting
• Financial Governance & Compliance
• Vendor & Contract Financial Management
• Data Analysis & Financial Technology

Required Qualifications:

• Requires a BA/BS degree in Information Technology, Computer Science or related field of study and a minimum of 10 years of experience in organizing a series of large-size projects into a single portfolio, multiple technical and business disciplines, planning and designing large complex project portfolios, technical systems Process Life Cycle or related field; or any combination of education and experience, which would provide an equivalent background.

Preferred Experience:

• Experience supporting government-funded programs, regulated industries, or large enterprise technology organizations.
• Experience with ServiceNow Portfolio Management, Workday, SAP, Oracle, or similar enterprise financial systems.
• Knowledge of portfolio management and technology investment governance.
• Experience supporting PMOs, technology organizations, or digital transformation initiatives.
• MBA, CPA, CFA, or related professional certification.
• Experience applying AI and automation capabilities to financial planning and reporting processes.

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $120,764 to $228,816

Locations: California; Illinois; New Jersey; New York; Virginia

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.