Director, Financial Planning & Analysis

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. Regular Full-Time DIR20C Roanoke, VA, US 2 days ago Requisition ID: 1373 Position Summary Delta Dental of Virginia is looking for our next Director of Financial Planning & Analysis, a senior leadership role designed as the successor to the current incumbent expecting to retire in the coming year. Ultimately reporting directly to the SVP & Chief Financial Officer, this position will support financial responsibility initiatives of the Company and its senior management by oversight of the Financial Planning & Analysis department. The position requires excellent analytical and critical thinking, the ability to translate complex financial analysis and modeling for a variety of audiences, a demonstrated ability to lead others objectively through topic discussions and consideration of alternatives, a curious and continuous learning mindset, attention to detail, and strong communication and interpersonal skills. The FP&A function leads the annual budget and forecast process; creates Board materials; monitors the financial status and performance of the Enterprise, initiatives, and special projects; assesses financial risks; develops and monitors key financial and operational performance measures; and participates in gating and due diligence of major investments. Essential Functions Department Development Advance FP&A analytical standards aligned to enterprise goals. Partner across Finance to incorporate key accounting items into updates and forecasts. Collaborate with business leaders (Actuarial, Underwriting, Operations, Marketing, Project Management, Sales, etc.) on reporting/analysis needs and building financial acumen. Assess FP&A frameworks, tools, and processes for A.I. enhancements aligned with corporate strategy. Develop team capability through cross-training; simplify complex work to enable flexible support for the Director. Board of Directors Support Prepare Board materials and Committee reports; contribute to development and organization. Analyze complex reports and present findings clearly for stakeholders. Provide supporting documentation and background on agenda topics. Attend Board and/or Committee meetings as requested. Financial Reporting and Analysis Support financial modeling of forward-looking projections (premiums, claims, expenses, staffing, etc.). Monitor key financial/operational metrics; identify drivers and leading indicators. Deliver ad-hoc analysis and projections to inform decisions and highlight trends, risks, and opportunities. Strengthen leadership forecasting rigor and engagement; apply judgment on where to deepen analysis. Improve projection/analysis accuracy, provide early warning on variances, and surface business trends. Support market and product-line analysis to maximize total company profitability. Manage the enterprise budget planning application (reporting, access controls, training, UI, and accounting software integration). Annual Budget and Business Plan Lead the annual planning cycle (current year estimate, next year budget, multi-year projection). Refine and deliver end‑user models for Gross Margin, Compensation/Benefits, and metric/volume‑based expenses. Analyze and report on submitted budget inputs from constituents. Ensure P&L impacts of corporate initiatives are captured (efficiencies, expenses, gross margin, etc.). Support development of business plan assumptions across functions. Coordinate the Business Plan document and related Board materials, including multi‑year projections. Strategic Initiatives, Investments, & Projects Manage the Monthly Operational Review meeting (MOR): develop agenda topics, coordinate materials, and facilitate alignment. Oversee monthly IT Joint Venture billing submission/review/approval; analyze variances; partner on annual budgeting for equipment, software, maintenance, and usage. Track and report annual incentive program progress and results. Develop strategic plan financial models, templates, and senior management presentations. Partner with department heads on ROI projections for major projects and track results versus milestones. Support gating and cost‑benefit analysis for major investments; raise critical questions. Monitor financial progress, milestones, and overall status of major initiatives and investments. Participate in ERM processes and assess financial planning impacts. Promote a risk‑aware culture and adhere to required risk and compliance standards and procedures. Qualifications/Education/Experience: 10+ yrs of relevant financial planning and analysis function experience Bachelor’s degree in Finance, Accounting, Economics or other business‑related field from an accredited institution, MBA preferred Ability to think and plan strategically for organizational success Demonstrated experience leading people and getting results through others Excellent technical and analytical skills in finance, forecasting, financial modeling, analysis and budgeting. An understanding of business disciplines to develop, analyze and interpret financial data High level of expertise with Excel, PowerPoint, CoPilot, and database query tools Strong interpersonal and communication skills Physical Demands and Work Environment: The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Physical demands:While performing the duties of this job, the employee is occasionally required to walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; balance; stoop; talk or hear. Use of hands is required for such technological devices such as a computer, telephone and others. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus. The employee will be required to travel (sometimes long distances) to attend required meetings. Work environment: The work is limited to the office environment with occasional trips to other office facilities or locations necessitating walking outdoors or driving. The noise level in the work environment is usually minimal. #J-18808-Ljbffr