VP, CFO - Mid Atlantic States

Kaiser Permanente • Washington, DC

230d • $333,000 - $416,250

About The Position

The position will assume financial responsibility for the Mid-Atlantic Market of Kaiser Foundation Health Plans and Hospitals (KFHP/H). This position has primary accountability for Driving the development of a sound, comprehensive strategic financial plan that promotes short term growth and financial stability, as well as ensures the long-term financial viability of the Region. Overseeing all aspects of financial management within the organization including the development of information and analysis on key financial and operational data, as well as performance management. Co-leading an integrated regional planning process that encompasses business, capital, and financial planning in support of the Market and Enterprise strategy. Communicating to a variety of internal and external audiences regarding the Region's financial performance, risks, opportunities, and plans. Ensuring the effectiveness of all regulatory compliance and Sarbanes-Oxley (SOX) programs. Ensuring the Market's Finance leadership team is of superior quality. Building and maintaining a responsive, motivated, and high performing finance organization. Partnering with operational and regional leadership to ensure finance capabilities will enable the organizations near-term performance and support its overarching, long-term business strategy. Overseeing the development and maintenance of key financial and planning relationships with the Mid-Atlantic Medical Group (MAPMG). Working with Program Finance leadership to develop a superior finance team and outstanding financial performance for the Program. Overseeing medical services contracting. Identifying and tracking key performance indicators relating to the Market's financial performance. This position consistently supports compliance and the Principles of Responsibility (Kaiser Permanentes Code of Conduct) by maintaining the privacy and confidentiality of information, protecting the assets of the organization, acting with ethics and integrity, reporting non-compliance, and adhering to the applicable federal, state, and local laws and regulations, accreditation and licensing requirements (if applicable), and Kaiser Permanentes policies and procedures.

Requirements

• Minimum ten (10) years of experience leading major financial activities of a multi-faceted health plan, health care system and/or multi-service provider setting.
• Experience in operational performance management, provider relationships, financial planning and budgeting, strategic planning, risk management, capital generation, revenue management, controllership and internal audit.
• Bachelor's degree or equivalent in Finance, Business, Economics, Statistics, Accounting, or related field.
• Successful experience managing a broad range of financial and organizational issues.
• Demonstrated expertise as a financial and strategic leader.
• Outstanding financial technical skills.
• Excellent problem-solving skills.
• Proven capability to motivate change and galvanize action through synthesis and interpretation of financial and operational data.
• Proven ability to balance execution of the strategic vision through leadership and delegation.
• Previous leadership leveraging information technology strategies for financial transaction and decision support systems.
• Demonstrated leadership capabilities, including developing dynamic, constructive working relationships and partnerships with operational and physician partners.
• Excellent interpersonal skills characterized by effective interactions with a diverse range of internal and external constituents.

Nice To Haves

• Combination of health plan and health care delivery system finance experience preferred.
• Masters degree and/or CPA preferred.

Responsibilities

• Develop a strategic financial plan
• Systematically and comprehensively assess the financial opportunities, challenges and risks facing the region.
• Develop sound, comprehensive plans associated with budgeting, financial management, business and capital planning, FTE management and rate setting to address the regional opportunities, challenges, and risks.
• Effectively engage regional KFHP/H leadership and regional MAPMG leadership.
• Serve as a key participant in Program financial leadership.
• Contribute to the overall financial leadership of the Program through participation with various program-wide groups.
• Support program-wide initiatives, which further enhance the financial and planning infrastructure of the program.
• Collaborate with Regional President to lead the annual negotiation of the Medical Services Agreement (MSA) between Health Plan/Hospital and its medical group, MAPMG.
• Partner with operations and regional leadership to develop short- and long-term financial and operational plans, as well as appropriate metrics required to strengthen the performance of the organization.
• Ensure that current reporting systems and oversight processes monitor and accurately identify relevant performance issues on a daily, weekly, and monthly basis.
• Collaborate with operations leaders to ensure that plans are developed and implemented to address performance issues.
• Continue supporting existing intra-entity, multi-disciplinary initiatives as well as shape and launch new initiatives that will position Kaiser Permanente to improve performance.
• Collaborate with VP, Strategy and Business Development, to ensure a robust regional business planning process that incorporates rate setting, capital planning and financial planning to support the regions strategy.
• Effectively communicate to a variety of audiences regarding the Region's financial performance; drivers of performance; opportunities and risks; and plans for ensuring financial success.
• Oversee management of all significant finance processes and functions.
• Drive internal initiatives that improve overall performance by addressing unreliable, poorly controlled, ineffective, inconsistent, and duplicative processes and functions through the adoption of process standardization and leveraging the capabilities of Shared Services.
• Ensure that the Finance organization can attract, recruit and retain superior talent.
• Build a performance-oriented culture characterized by enthusiastic, motivated staff that feels accountable for operating as a team and meeting customer needs.
• Direct the development of appropriate recruitment, retention and training programs that will improve the overall efficacy and competency within the Finance organization.

Benefits

• Target base salary of $333,000 to $416,250.
• Eligible for incentive compensation.
• Executive allowance.
• Comprehensive health and wellness benefits.
• Time off benefits.
• Savings and retirement benefits.
• Relocation support, as applicable.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Ambulatory Health Care Services
• Education Level: Bachelor's degree