Senior Financial Planning Analyst

Who We Are Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier. We enjoy the important work we do every day in service to our members, partners, colleagues and communities. To learn more about who we are at Point32Health, click here (. Job Summary The Senior Financial Planning Analyst serves as the key financial support person to a subset of enterprise functional areas. The position will report to the Sr Manager of Financial Planning & Analysis and provides business partner support and analysis. This role assists with the annual expense planning and bi-annual expense forecasting activities for all corporate shared service functional administrative costs, conducts monthly expense reviews with leadership, and acts as the Finance partner for all financial matters. Key Responsibilities/Duties - what you will be doing Budget Management Execute the F1, F2 and annual forecasting processes and continue to assess for areas for enhancement Produce standardized reporting processes across all administrative areas (departmental and executive) Manage monthly budgets in order to conduct monthly expense reviews with leadership Assist in developing materials for monthly meetings with Vice Presidents and Directors throughout the organization Build out monthly budgets to include cost drivers to drive a more accurate allocation that reflects business reality Identify and track monthly expense accrual and coordinate with AP and the accounting team Assist with verification of Affordability of Care (AOC) initiatives Enhance capital requesting, approving, and reporting processes Document financial processes Financial Analysis Assist with ad hoc financial analysis projects as assigned Types of projects may include (membership shifts, system consolidation, impacts of automation, etc.) Support Manager of Corporate Finance through Regulatory reporting and benchmarking exercises Service Excellence Demonstrate best in class business behaviors Collaboration - Partner with Finance team and business partners to achieve results. Act as one team to ensure work is completed. Always ask how you can help with a constant focus on proactive behavior. Treat business partners as clients with a focus on returning phone calls and emails timely, setting up meetings to discuss critical topics, sharing processes before executing and allowing ample time to review draft documents. Err on the side of over communicating. Business Knowledge - Demonstrate an understanding of business operations with the goal of becoming the spokesperson for your areas of responsibility. Critical Thinking - Constructively challenge decisions and process to ensure optimal decision making and performance. Focus on identifying process efficiencies, improving message, and enabling ease of understanding. Other projects and duties as assigned. Qualifications - what you need to perform the job Education, Certification and Licensure Bachelor's degree in Finance, Accounting or Business Advanced degree preferred (MBA or Masters) preferred Professional license (e.g., CPA, CIA, etc.) preferred Experience (minimum years required): 3-5 years' related business experience with finance, operations and process understanding required Healthcare Industry experience a plus Skill Requirements Proficient in budget management and techniques Proficient in using financial systems (e.g., IBM Cognos) and modelling tools Advanced Excel skills Ability to manage to deadlines and shifting priorities Project management and organizational skills Ability to implement new processes (comfortable working in white space) Analytical Skills: ability to synthesize and organize information for meaningful use and action Proven oral and written communication skills Strong relationship building and leadership skills to influence work and collaboratively across all levels of employees, management and cross-functionally Understanding of technology/ operations related to Tufts Health Plan systems Strategic thinking skills; ability to draw meaningful insights and identify business implications Detail oriented Compensation & Total Rewards Overview As part of our comprehensive total rewards program, colleagues are also eligible for variable pay. Eligibility for any bonus, commission, benefits, or any other form of compensation and benefits remains in the Company's sole discretion and may be modified at the Company's sole discretion, consistent with the law. Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes: Medical, dental and vision coverage Retirement plans Paid time off Employer-paid life and disability insurance with additional buy-up coverage options Tuition program Well-being benefits Full suite of benefits to support career development, individual & family health, and financial health For more details on our total rewards programs, visit Commitment to Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity "‹Point32Health is committed to making diversity, equity, inclusion, accessibility and health equity part of everything we do-from product design to the workforce driving that innovation. Our Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity team's strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. At Point32Health, we strive to be a different kind of nonprofit health and well-being company, with a broad range of health plans, and innovative tools that make navigating health and well-being easier, guiding our members at every step of their health care journey to better health outcomes. We are committed to providing high-quality and affordable health care, improving the health and wellness of our members, and creating healthier communities across the country. The Point32Health name is inspired by the 32 points on a compass. It speaks to the critical role we play in guiding and empowering the people we serve to achieve healthier lives. Our employees are hard-working, innovative, and collaborative. They look for opportunities to grow and make a difference, and they help make us strive to be one of the Top Places to work in New England.

Created: 2024-10-19