Senior Director, Financial Planning and Analysis

Job Description

Responsibilities

Prominence Health is a value-based care organization bridging the gap between affiliated health systems and independent providers, building trust and collaboration between the two. Prominence Health creates value for populations and providers to strengthen integrated partnership, advance market opportunities, and improve outcomes for our patients and members. Founded in 3, Prominence Health started as a health maintenance organization (HMO) and was acquired by a subsidiary of Universal Health Services, Inc. (UHS) in 4. Prominence Health serves members, physicians, and health systems across Medicare, Medicare Advantage, Accountable Care Organizations, and commercial payer partnerships. Prominence Health is committed to transforming healthcare delivery by improving health outcomes while controlling costs and enhancing the patient experience.

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Job Summary:

The Sr. Director of Financial Planning & Analysis will be responsible for all aspects of the organization’s financial planning activities including annual budgeting, forecasting, long range planning, financial modeling, proforma development, M&A investments, P&L analysis, and analytical reporting. This role will lead a team of analysts to support the monthly, annual, and multi-year forecasting process.

The successful candidate will be a subject matter expert in financial management who is highly analytical, technically proficient, process and controls-oriented, an independent thinker, operationally and business savvy, and experienced in managing small teams. This role will serve as a key business partner and provide critical financial consultation and analytical support to the executive team related to strategic decisions, growth, revenue enhancement, and medical cost improvements to help drive performance.

Benefit Highlights:

• Loan Forgiveness Program
• Challenging and rewarding work environment
• Competitive Compensation & Generous Paid Time Off
• Excellent Medical, Dental, Vision and Prescription Drug Plans
• (K) with company match and discounted stock plan
• SoFi Student Loan Refinancing Program
• Career development opportunities within UHS and its + Subsidiaries! · More information is available on our Benefits Guest Website: benefits.uhsguest.com

About Universal Health Services:

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. During the year, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; and listed in Forbes ranking of America’s Largest Public Companies. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom.

Qualifications

Qualifications and Requirements:

• Education: Bachelor’s degree in Finance, Accounting, Economics, Math, Statistics or related field. MBA strongly preferred
• Experience: Minimum of ten () years’ experience in an analytical role in Finance, Accounting, Medical Economics, Financial Analysis, or Healthcare Cost Analysis including experience in planning, developing, and managing departmental expense and capital budgets, and a history of supervisory experience leading teams. Healthcare/Managed care experience is required
• Technical: Intermediate/Advanced Excel including pivot tables, sumif, vlookup, etc. commands, and formatting for executive reporting, Oracle Smartview, and ERP systems
• Project Management experience is a plus

Knowledge, Skills, and Abilities:

• Leads the development of financial budgets, forecasts, long range plans, and P&L analysis
• Leads all financial modeling, proforma development and M&A valuation to support growth
• Leads the monthly P&L review process that includes explaining variances to plan, providing insight on current and expected trends, tracking progress against key business initiatives, and identifying areas of risk and opportunities to drive performance (i.e., medical cost, revenue optimization, admin, etc.)
• Leads ad-hoc financial analysis and reporting related to growth, performance and profitability for the executive team including cost/benefit analyses and other strategic initiatives to support timely decision making
• Develops and tracks business-wide KPI's to be used for performance monitoring and goal setting
• Provides the executive team with key business insights and strategic recommendations for the business
• Manages staff and provides leadership, coaching and development opportunities
• Conducts competitive analysis and benchmarking of industry financial performance