Lead Financial Planning Analyst

Who We Are Point32Health is a leading not-for-profit health and well-being organization dedicated to delivering high-quality, affordable healthcare. Serving nearly 2 million members, Point32Health builds on the legacy of Harvard Pilgrim Health Care and Tufts Health Plan to provide access to care and empower healthier lives for everyone. Our culture revolves around being a community of care and having shared values that guide our behaviors and decisions. We’ve had a long-standing commitment to inclusion and equal healthcare access and outcomes, regardless of background; it’s at the core of who we are. We value the rich mix of backgrounds, perspectives, and experiences of all of our colleagues, which helps us to provide service with empathy and better understand and meet the needs of the communities where we serve, live, and work. We enjoy the important work we do every day in service to our members, partners, colleagues and communities. Learn more about who we are at Point32Health. Job Summary The Lead Financial Planning Analyst serves as the key administrative expense support person to a subset of all enterprise functional areas. Total administrative cost for these areas is $700M+ and includes Operations, Information Technology, HealthCare Services, Chief Medical Office, Chief People Officer, Finance and Legal. The position will report to the Senior Manager of Financial Planning & Analysis and provide business partner support and analysis. Assist with the annual expense planning and forecasting activities for corporate shared service functional administrative costs. Execute monthly close activities and conduct monthly expense reviews with leadership and act as the Finance partner for all financial matters. Job Description Key Responsibilities/Duties – what you will be doing (top five): Budget Management Execute the forecast and annual budgeting process and continually assess for areas of enhancement Manage monthly budgets in order to conduct monthly expense reviews with leadership Build out monthly budgets to include cost drivers to drive a more accurate allocation that reflects business reality Identify and track monthly expense accrual and coordinate with AP (Accounts Payable) and the accounting team Assist with verification of cost reduction initiatives Document financial processes COO (Chief Operating Officer) Support Model Serve as the primary financial contact for the areas of responsibility Create and distribute VP/ Director level budget to actual reporting Monthly financial review meetings with key Directors and VPs Assist in creating financial views for Monthly Business Reviews with COO Itemize, budget and track budget and actuals for all critical vendors Provide input as COO defines new operating metrics Financial Analysis Assist with ad hoc financial analysis projects as assigned Types of projects may include (membership shifts, system consolidation, impacts of automation, etc.) Support Manager of Financial Planning & Analysis through Regulatory reporting and benchmarking exercises Service Excellence Demonstrate best in class business behaviors Partner with Finance team and business partners to achieve results. Act as one team to ensure work is completed. Always ask how you can help with a constant focus on proactive behavior. Treat business partners as clients with a focus on returning phone calls and emails timely, setting up meetings to discuss critical topics, sharing processes before executing and allowing ample time to review draft documents. Err on the side of over communicating. Demonstrate an understanding of business operations with the goal of becoming the spokesperson for your areas of responsibility. Constructively challenge decisions and processes to ensure optimal decision making and performance. Focus on identifying process efficiencies, improving message, and enabling ease of understanding. Other projects and duties as assigned. Qualifications – what you need to perform the job Education, Certification and Licensure Bachelor’s degree in Finance, Accounting or Business - required Advanced degree preferred (MBA or Masters) - preferred Professional license (e.g., CPA, CIA, etc.) - preferred Experience (minimum years required) Healthcare Industry Experience; Preferably Healthcare Insurance experience. Minimum 6-8 years related business experience with finance, operations and process understanding required. Skill Requirements Proficient in budget management and techniques Proficient in using financial systems (e.g., Oracle, Hyperion) and modelling tools Advanced Excel skills Ability to manage to deadlines and shifting priorities Project management and organizational skills Ability to implement new processes (comfortable working in white space) Analytical Skills: ability to synthesize and organize information for meaningful use and action Proven oral and written communication skills Strong relationship building and leadership skills to influence work and collaboratively across all levels of employees, management and cross-functionally Strategic thinking skills: ability to draw meaningful insights and identify business implications Working Conditions and Additional Requirements Minimal activity outside at external sites. Must be able to work under normal office conditions and work from home as required. Work may require simultaneous use of a telephone/headset and PC/keyboard and sitting for extended durations. May be required to work additional hours beyond standard work schedule. Disclaimer The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Management retains the discretion to add to or change the duties of the position at any time. Salary Range $97,567.76 - $146,351.64 Compensation & Total Rewards Overview The annual base salary range provided for this position represents a range of salaries for this role and similar roles across the organization. The actual salary for this position will be determined by several factors, including the scope and complexity of the role; the skills, education, training, credentials, and experience of the candidate; as well as internal equity. As part of our comprehensive total rewards program, colleagues are also eligible for variable pay. Eligibility for any bonus, commission, benefits, or any other form of compensation and benefits remains in the Company’s sole discretion and may be modified at the Company’s sole discretion, consistent with the law. Benefits Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes: Medical, dental and vision coverage Retirement plans Paid time off Employer-paid life and disability insurance with additional buy-up coverage options Tuition program Well-being benefits Full suite of benefits to support career development, individual & family health, and financial health For more details on our total rewards programs, visit We welcome all All applicants are welcome and will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Scam Alert Point32Health has recently become aware of job posting scams where unauthorized individuals posing as Point32Health recruiters have placed job advertisements and reached out to potential candidates. These advertisements or individuals may ask the applicant to make a payment. Point32Health would never ask an applicant to make a payment related to a job application or job offer, or to pay for workplace equipment. If you have any concerns about the legitimacy of a job posting or recruiting contact, you may contact View email address on click.appcast.io. #J-18808-Ljbffr Point32Health