SVP, Chief Financial Officer II

Maryland, New York, Massachusetts, Arizona, Virginia, Connecticut, Florida

Job Description

Responsible for the management and direction of all financial affairs for the Magellan Complete Care Strategic Business Unit SBU including business strategy, account management and operations effectiveness. Specific areas of focus include customer contracting, rate negotiations, product pricing, analysis of utilization and medical cost trends, new product development and implementation with customers. This position is responsible for the prioritization and coordination of all financial analytics including analysis of financial results, forecasting/budgeting and performance measurement, as well as the application of such information to direct and educate the senior SBU management team on all business issues.

Essential Functions

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  • Oversees the financial terms of all contracts and coordinates all related activities such as rate renewals/rate openers and settlements of contingencies under each contract (e.g., performance penalties/incentives).
  • Analyzes and reports monthly financial results for the SBU to leadership and appropriate staff members.
  • In partnership with SBU leadership, develops and maintains long-term strategic plan for business including 5-year financial plan, including specific strategic initiatives, related investment/capital deployment requirements and cost/benefit analyses.
  • Manages the preparation of the fiscal operating budget for the SBU as well as quarterly forecasts and monthly forward outlook.
  • Prioritizes and coordinates all cost of care analytics for business, maintain appropriate data environment (framework) to ensure relevance of information applied in management of business and partner with SBU and Shared Services leadership to guide operations and strategies to optimize effectiveness of care management activities.
  • Monitors all balance sheet accounts associated with contracts managed by the SBU including accounts receivable, funds withheld by customers, claims recoverables, etc.
  • Performs special projects and other tasks, as requested by leadership.

Required Qualifications:

  • Must be able to handle multiple priorities and meet tight deadlines. Must be detail oriented and have excellent analytical skills.
  • Must have good communication skills, both written and verbal and experience with communication at an executive level.
  • Must be able to interact with all levels of staff, including all senior management.
  • 15+ years of progressive experience in financial operations within managed care, health care or insurance industries.
  • 8+ years in a managerial position interfacing with senior
  • management.
  • Familiarity with Medicaid and Medicare health plan premium development, including risk adjustment, as well as medical cost data and administrative cost structures.

General Job Information

Title

SVP, Chief Financial Officer II

Grade

35

Job Family

Finance Group

Country

United States of America

FLSA Status

United States of America (Exempt)

Recruiting Start Date

1/16/2019

Date Requisition Created

1/16/2019

Minimum Qualifications

Education

Bachelors (Required), Masters

License and Certifications - Required

License and Certifications - Preferred

CPA - Certified Public Accountant - Enterprise

Other Job Requirements

Responsibilities

  • Must be able to handle multiple priorities and meet tight deadlines.
  • Must be detail oriented and have excellent analytical skills.
  • Must have good communication skills, both written and verbal and experience with communication at an executive level.
  • Must be able to interact with all levels of staff, including all senior management.
  • 15+ years of progressive experience in financial operations within managed care, health care or insurance industries.
  • 8+ years in a managerial position interfacing with senior management.
  • Familiarity with Medicaid and Medicare health plan premium development, including risk adjustment, as well as medical cost data and administrative cost structures.

Magellan Health Services is proud to be an Equal Opportunity Employer and a Tobacco-free workplace. EOE/M/F/Vet/Disabled

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