Financial Planning and Analysis Supervisor

Career Opportunities: Financial Planning and Analysis Supervisor (24606)

Candidates hired for remote positions must reside in Oregon, Washington, Utah, Idaho, Arizona, Nevada, Texas, Montana, or Wisconsin.

Job Title

Financial Planning and Analysis Supervisor

Exemption Status

Exempt

Management Level

Supervisor

Direct Reports

Financial Analysis Staff

Manager Title

Financial Planning and Analysis Manager

Department

Finance

Pay and Benefits

Estimated hiring range $109,500 - $133,840/ year, 5% bonus target, full benefits. careoregon. org/about-us/careers/benefits

Posting Notes

This is a fully remote role, but you must reside in one of the listed 9 states.

Job Summary

This position is responsible for supervising the operating and capital budgeting process for CareOregon, its subsidiaries and any entities contracting for budgeting services. Core work also includes participating in the development of financial forecasts and the preparation of financial projections for new strategic ventures. This position reviews variances from budget and works collaboratively with financial analysts, the FPA manager, operating managers and directors to minimize future variances.

Essential Responsibilities

• Supervise the budgeting process, working closely with financial analysts, FPA manager, directors and department managers in communicating and supervising the process.
• Participate in developing and revising appropriate budgets.
• Participate in preparing the budget package for presentation to the Finance Committee and Board.
• Participate in developing and maintaining financial models to support the budgeting and forecasting process.
• Ensure budgets are constructed using the organization's financial reporting software (Axiom).
• Identify and implement ways to improve efficiency and effectiveness of the financial reporting software, especially regarding forecasting, budgeting, variance reporting and security administration.
• Participate in analyzing and documenting variances from the medical, administrative and capital budgets.
• Participate in preparation and update of financial forecasts at least quarterly; more frequent updates may be required.
• Participate in developing and maintaining FTE tracking models to support the organization's staffing requirements.
• Support the organization's productivity improvement efforts and cost savings initiatives.
• Supervise the development of financial benchmarks and tracking tools to monitor actual performance to the benchmarks.
• Provide budget and general financial training to analytical staff in support of achieving the organization's financial goals.
• Provide general finance support to each of the RAE's and individual business units as required.
• Assist with developing financial projections for new ventures and business development opportunities.
• Provide financial planning support to management.

• Support the organization's participation in the state's Medicaid rate setting process.
• Support development of the administrative portion of the Medicare bid.
• Prepare or supervise the creation of financial, budget and other analytic reports for internal management, board oversight and regulatory agencies, as needed.
• Perform other duties and special projects as needed.

Employee Supervision

• Supervise team and recommend team direction and goals in alignment with the organizational mission, vision, and values.
• Identify work and staffing needs to meet work expectations; recruit and hire, using an equity, diversity, and inclusion lens.
• Plan, organize, schedule, and monitor work; 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.
• Train, supervise, motivate, and coach employees; provide support toward employee development.
• Incorporate guidance from CareOregon equity tools into people leadership, planning, operations, evaluation, 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 Human Resources as needed.

Organizational Responsibilities

• Perform work in alignment with the organization's mission, vision and values.
• Support the organization's commitment to equity, diversity and inclusion by fostering a culture of open mindedness, cultural awareness, compassion and respect for all individuals.
• Strive to meet annual business goals in support of the organization's strategic goals.
• Adhere to the organization's policies, procedures and other relevant compliance needs.
• Perform other duties as needed.

Experience and/or Education

Required

• Minimum 4 years directly related experience, including financial modeling, planning, and budgeting
• 2 years of experience working in the healthcare industry
• 3 years of experience using financial planning or budgeting software

Preferred

• Minimum 1 year experience in a supervisory or lead position or completion of CareOregon's Aspiring Leaders Program; lead roles preferably include regular assistance to a manager or supervisor in staff hiring, coaching, performance evaluation, and other supervisory tasks
• Experience in health insurance, including Medicaid and/or Medicare
• Bachelor's degree in Business, Finance, Accounting or related field

Knowledge, Skills and Abilities Required

Knowledge

• Knowledge of medical costs and trends

• Knowledge of the Medicaid and Medicare business
• Familiarity with Generally Accepted Accounting Principles (GAAP) concepts
• Knowledge of Axiom and/or other financial planning software tools

Skills and Abilities

• Strong financial planning and budgeting skills
• Supervisory skills, including the ability to effectively oversee and coach staff
• Advanced spreadsheet and data analysis skills
• Intermediate word processing skills
• Excellent written and verbal communication skills
• Strong critical thinking skills
• Ability to manage multiple tasks
• Ability to complete work accurately by agreed upon deadlines
• Ability to problem solve, analyze and provide written documentation of analysis
• Ability to communicate project status and issues to management in timely manner
• Ability to work in an environment with diverse individua.