Senior Director, FP&A

Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building.

Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare’s greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve.

Overview:
The Senior Director, FP&A serves as a cross-functional driver of consistency, discipline, and continuous improvement across the FP&A organization. This role sits at the intersection of process, consolidation, and executive communication — partnering with FP&A teams across all four business units (Payer, Provider, Insights, and Pharmacy) and Corporate while directly supporting the preparation of materials for the Board of Directors, lenders, and investors.

Duties and Responsibilities:

Process Improvement

• Develop and execute cross-business unit FP&A operational strategies that drive process standardization, streamline workflows, improve reporting consistency, and enhance organizational efficiency, transparency, and scalability across the enterprise.
• Conduct deep dives into existing FP&A processes across all business units to identify inconsistencies, inefficiencies, and opportunities for standardization.
  Design, schedule, and facilitate recurring process-sharing meetings where BU FP&A teams present their current approaches, compare notes, and align on best practices.
• Translate findings from process reviews into concrete recommendations, templates, and standard operating procedures.
• Enhance budgetary reporting structure and process in a manner which facilitates transparency, forecast accuracy, timeliness and continuous improvement
• Drive implementation of process improvements across business units and track adoption, escalating barriers as needed

Special Projects

• Own ad hoc and strategic projects, ranging from financial modeling and systems evaluations to cross-functional analyses
• Serve as project lead for initiatives that require coordination across BU finance teams, corporate accounting, and corporate FP&A, bringing structure, timelines, and accountability to loosely scoped work.
• Proactively identify problems or gaps and bring forward recommended solutions

Consolidation

• Support and, over time, own the monthly consolidation of BU-level financial results, forecasts, budgets, and variance commentary into Total Inovalon reporting packages
• Ensure consistent use of templates, definitions, and terminology (e.g., subscription/consumption ACV, ARR, exit rate, prior period run rate, retention, churn) across all BU submissions.
• Identify and resolve data or template inconsistencies before they reach executive-level reporting, working directly with BU finance contacts to close gaps

Investor Materials

• Partner with the CFO, VP, FP&A to prepare investor updates, QBR materials, and other external-facing financial communications
• Translate detailed BU-level data into clear, executive-ready narratives covering financial performance.

Board Materials

• Support development of Board-level presentations, ensuring materials are accurate, well-organized, and aligned with company messaging.
• Coordinate input and commentary from business units on a defined timeline ahead of Board meetings.

Lender Materials

• Assist in preparing lender reporting packages and covenant compliance materials tied to the company's credit agreement
• Support ad hoc lender requests and related analyses as they arise
  Cross-Business-Unit Collaboration & Change Leadership
• Build strong, trust-based working relationships with FP&A leads across Corporate, Payer, Provider, Insights, and Pharmacy
• Influence outcomes and drive adoption of standardized processes without formal authority over BU teams
• Bring a continuous-improvement mindset, comfortable challenging the status quo and proposing better ways of working
• Communicate effectively with stakeholders at all levels, from BU analysts to senior finance leadership
• Maintain compliance with lnovalon's policies, procedures and mission statement.
• Adhere to all confidentiality and HIPAA requirements as outlined within lnovalon's Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position.
• Fulfill those responsibilities and/or duties that may be reasonably provided by lnovalon for the purpose of achieving operational and financial success of the Company.
• Uphold responsibilities relative to the separation of duties for applicable processes and procedures within your job function.
• We reserve the right to change this job description from time to time as business needs dictate and will provide notice of such.

Education:

• Bachelor’s Degree in Arts/Sciences (B.A./B.S.) in Accounting, Finance, or related field required

Experience:

• 15+ Years of experience in FP&A, corporate finance, or a related discipline, ideally within a multi-business-unit and/or PE-backed organization required
• 8+ Years previous demonstrated management experience required
• Demonstrated experience leading or contributing significantly to process improvement initiatives and driving change across teams required
• Demonstrated understanding of accounting and finance practices and principles, as well as experience in dealing with budgets, forecasts, financial reports, pricing, and operational issues required
• Prior exposure to Board, investor, or lender reporting preferred
• Experience with accounting software, especially general ledger; experience with Oracle and Hyperion SmartView preferred

Skills and Abilities:

• Strong financial modeling and Excel skills
• Excellent written and verbal communication skills, with the ability to synthesize complex data into clear, concise narratives
• A self-starter who takes initiative, manages ambiguity well, and follows through independently on multiple, competing priorities
• Evidence of strong leadership presence and ability to present to, and influence, executive decision-makers
• Meticulous organizational skills, strong customer focus, and flexibility to adapt to rapidly changing business needs.
• Ability to influence all levels of staff across different functional areas
• Excellent analytical skills and the ability to understand the Company's products and processes
• Work under minimal supervision on complex projects.
• Manage multiple high priority deadlines efficiently while delivering on goals

Inovalon Offers a Competitive Salary and Benefits Package

In addition to the base compensation, this position may be eligible for performance-based incentives.

The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal equity. At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.

Inovalon invests in associates to help them stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments. That’s why Inovalon offers a valuable benefits package with a wide range of choices to meet associate needs, which may include health insurance, life insurance, company-paid disability, 401k, 18+ days of paid time off, and more.

Base Compensation Range

$170,000—$210,000 USD

This position is not eligible for immigration sponsorship (e.g. H-1B, TN, or E-3). Applicants must be authorized to work in the United States as a condition of employment. (This is only applicable for US-based positions)

If you don’t meet every qualification listed but are excited about our mission and the work described, we encourage you to apply. Inovalon is most interested in finding the best candidate for the job, and you may be just the right person for this or other roles.

By embracing inclusion, we enhance our work environment and drive business success. Inovalon strives to provide equal opportunities to the communities where we operate and to our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.

Inovalon is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.

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