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Director, Business & Financial Performance in Southfield, MI at AF Group

Date Posted: 10/7/2018

Job Snapshot

Job Description



SUMMARY:

The Director, Business & Financial Performance is responsible for financial performance functions, including, budgeting and forecasting, performance metrics, and assisting with the planning, organizing, and directing of the company's financial plans and policies. This position is responsible for the customer experience related to financial analyses and reporting and ensures financial viability through proactive analysis and sound administration of policies and procedures. This role is responsible for communication and coordination of financial matters with Senior Health Services executive leadership. This position also supports the establishment of the financial vision and strategic direction of the business unit in support of corporate goals and objectives, and implements and monitors leading and lagging KPIs to assist leadership in directing outcomes

FINANCIAL

RESPONSIBILITIES/TASKS:

  • Directs financial performance process, including providing input on organization initiatives and providing feedback and updates to senior leadership on initiative status.
  • Responsible for the analysis of financial statements and providing value-added financial support to executive team.
  • Analyzes and communicates financial results and their implications to Senior Health Services executive leaders.
  • Responsible for budgeting and financial projection processes. Forecasts and presents financial results.
  • Participates in business plan development as a strategic partner.
  • Participates and provides input into financial implications of initiatives, projects, and planning. Responsible to develop proformas and financial analysis for discretionary project work to assist leadership in decision making. Updates pro formas continually based upon project developments both during implementation and post-implementation.
  • Supports overall expense management functions, including efficient and effective cost allocation process and related communication, variance analysis, cost studies and processes, and other expense studies.
  • Supports system installations, conversions, and upgrades, including, report design, development, and testing.
  • Leads and develops business models that assess various Medicare P&L performance considerations, including, but not limited to:
  • Market and county analysis, county prioritization and tiering
  • Service area expansion assessment (to inform decisions to enter or exit the market)
  • Membership modeling (by product, county level models) including current membership, near term membership development assumptions (in process but not fully enrolled/disenrolled, regular membership reporting, and any membership forecasts.
  • Stars, Cost of Care, Risk Revenue ROI
  • Payment changes and implications for the business
  • Drives transparency to and complete documentation of all forecast assumptions, and changes to assumptions over time.
  • Conducts research and supports development of analyses and assumptions that would assist with:
  • Market sizing
  • Market penetration
  • Market share analysis
  • Product performance
  • Ensures that forecasting, pro formas, and all financial analysis is consistent and congruent with market competitive and sizing metrics; does not produce analysis that is inconsistent with market intelligence.
  • Represents Company in community and industry, programs, and conferences.
  • Participates in the development of programs as a strategic partner that supports the company plan.
  • Responsible for balancing workload to optimize the effectiveness of the department.

DIRECTION EXERCISED:

Directly supervises exempt and non-exempt staff in accordance with company policies and applicable Federal and State Laws. Responsibilities include but are not limited to effectively interviewing, hiring, terminating, and training employees; planning, assigning and directing work; appraising performance; rewarding and counseling employees; addressing complaints and resolving problems; supporting and encouraging the engagement process.

This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required