Manager Financial Analysis - Financial Planning & Cost Analysis

Highmark Health • Pittsburgh, PA

67d • Onsite

About The Position

JOB SUMMARY This job manages all facets of the planning/forecasting cycles for the Organization. These facets include but are not limited to: reporting, financial analysis, variance analysis, bid process support, administrative cost allocations, forecast model enhancement, AI data analysis and the period to period risk and opportunities process. The incumbent manages the completion of other ad-hoc financial planning activities and assist in the development and review of business cases for strategic initiatives. Train, coach and develop staff members. ESSENTIAL RESPONSIBILITIES Oversee the development of the semi-annual financial forecast. This includes ensuring the source data for the product forecasts is complete and accurate, completing a review of the projected profitability of each product to ensure that the projected results are reasonable, and explaining the product results to the various interested parties. Coordinate the review of data feeds to the financial systems to ensure that data continues to be properly reflected at the lowest level of detail. Anticipate the financial analysis needs of the product owners and provide them with appropriate analyses to help them understand product results. Oversee a staff responsible for completing financial analyses to ensure that the analysis is complete and thorough, that adequate documentation is maintained of the results of the analyses and explain the results to various internal customers. Responsible for appropriate training and development of forecast and product analysis staff. Work closely with the forecast & product analysis staff to ensure that various explanations are thorough, understandable, and are consistent with entity wide trends and results. Explain the current and projected financial results and trends for products, as well as provide updates on the status of the verification of financial data impacted by system conversions to senior management. Other duties as assigned or requested.

Requirements

• Bachelor’s degree in Finance, Business Administration, Accounting or related field or relevant experience and/or education as determined by the company in lieu of bachelor's degree.
• 5 years with financial planning, analysis and/or accounting
• 2 years in management
• Knowledge of financial systems/spreadsheets
• Excellent organizational, analytical and problem solving skills
• Ability to analyze financial results and to comprehend complex rating structures impacting financial results and used for financial forecasting.
• Ability to interpret and summarize results of variance analysis in a meaningful way.
• Excellent written and oral communication skills

Nice To Haves

• Master's Degree in Finance, Business Administration, Accounting or related field
• CPA

Responsibilities

• Oversee the development of the semi-annual financial forecast.
• Coordinate the review of data feeds to the financial systems
• Anticipate the financial analysis needs of the product owners
• Oversee a staff responsible for completing financial analyses
• Responsible for appropriate training and development of forecast and product analysis staff.
• Explain the current and projected financial results and trends for products

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees