Director, FP&A Government Health Plans - HYBRID Detroit

Financial Performance Manager

Responsible for financial performance functions, including budgeting and forecasting, performance metrics, and assisting with the planning, organizing, and directing of the company's financial plans and policies for assigned health plan P&Ls and components in one or more of Individual ACA, Medicare Advantage or Medicaid markets. This position is responsible for the customer experience related to financial analyses and reporting and ensures financial viability through proactive analysis. This role is responsible for communication and coordination of financial matters with executive leadership for assigned market segments. This position also supports the establishment of the financial vision and strategic direction of the business unit in support of corporate goals and objectives, and implements and monitors leading and lagging KPIs to assist leadership in directing outcomes.

Responsibilities / Tasks :

• Build influential partnerships across the enterprise and provide a profit and loss perspective.
• Oversee how the parent company of Blue Cross Blue Shield of Michigan's business model and key business processes impact the assigned market segment to help drive financial strategy.
• Assist assigned market segments in creating strategies for meeting continuous improvement goals and forecasting business needs.
• Develop and lead a structured process for assessing emerging trends and challenges in both the revenue and benefit cost aspects of the assigned segments to support both driving P / L results as well as to support bid and pricing work.
• Coordinates with Emerging Markets performance support to complete the segment's Capital Plan.
• Support the monthly close at an enterprise level and leads the segment monthly update and reporting process.
• Oversee and support business initiatives as needed.
• Ensures that forecasting, pro formas, and all financial analysis is consistent and congruent with market competitive and sizing metrics.
• Develop recommendations regarding anticipated changes for the financial strategy of the business.
• Create the opportunity for employee growth and development by building a talent management plan.
• Evaluate cost structures and process flows against external benchmarks to ensure best practices that reduce costs and increase efficiencies.
• Ensure the preparation of various financial reports to help drive financial strategy and business unit performance.
• Ensure client awareness regarding changes to business strategy / processes and their impact on financial and operational results.
• Ensure the market segments financial business plan adheres to budget requirements and corporate capital plan.
• Oversee the development of metrics related to new and revised processes.
• Provide vision, leadership, planning, project coordination and management for the development of a cost-effective department while concurrently facilitating efficient operations to meet current and future business needs within the organization.
• Participate in development of annual departmental budget, monitor budget and identify budget discrepancies. Research cause and make recommendations.

Direction Exercised :

Directly supervises exempt and non-exempt staff in accordance with company policies and applicable Federal and State Laws. Responsibilities include but are not limited to effectively interviewing, hiring, terminating, and training employees; planning, assigning and directing work; appraising performance; rewarding and counseling employees; addressing complaints and resolving problems; supporting and encouraging the engagement process.

Education :

Bachelor's degree in Finance or Accounting or business administration required; Master's degree in business administration or CPA preferred.

Experience :

Ten years of progressively more responsible experience in Fi