Vice President, Financial Planning & Analysis

About SCAN

SCAN Group is a not-for-profit organization dedicated to tackling the most pressing issues facing older adults in the United States. SCAN Group is the sole corporate member of SCAN Health Plan, one of the nation's leading not-for-profit Medicare Advantage plans, serving more than 285,000 members in California, Arizona, Nevada, and Texas. SCAN has been a mission-driven organization dedicated to keeping seniors healthy and independent for more than 40 years and is known throughout the healthcare industry and nationally as a leading expert in senior healthcare. SCAN employees are a group of talented, passionate professionals who are committed to supporting older adults on their aging journey, while also innovating healthcare for seniors everywhere. Employees are provided in-depth training and access to state-of-the-art tools necessary to do their jobs, as well as development and growth opportunities. SCAN takes great pride in recognizing our team members as experts in their fields and rewarding them for their efforts. If you are interested in becoming part of an organization that is innovating senior healthcare visit www.thescangroup.org, www.scanhealthplan.com, or follow us on LinkedIn; Facebook; and Twitter.

The Job

Position reports to and works closely with the Chief Financial Officer to develop financial analysis and forecasts that senior management can use to monitor financial and operational performance of its product lines and provider network. The V.P. will play a key role in identifying and monitoring performance to essential operating metrics and outcomes for the company as required supporting its health care margin objectives and goals.

Focusing on results and collaborating cross functionally, the V.P. will lead the organization to institutionalize the use of data analysis to identify the appropriate criteria that must be included in business decisions. The V.P. will provide senior management with the data and analysis and the guidance on how to move forward using that data.

You Will

Develop and manage SCAN Group and SCAN Health Plan(s) annual operating budgets and quarterly forecasts through collaboration with Actuarial team for revenue and healthcare costs projections, and FP&A team for administrative cost projections.

Provide leadership in analyzing product performance, network performance, administrative cost trends, healthcare cost and utilization trends, and identify and pursue opportunities for improvement.

Partner with VP, Accounting to manage the monthly financial close process, inclusive of budget/forecast variance analysis and explanation.

Manage the Investment Review Committee that evaluates company investments for appropriate business justification based on quantitative and qualitative factors.

Development of membership forecasts for current year and future years based on sales projections determined through collaboration with Sales team, and disenrollment forecasts based on product specific forecasting methodology derived from historical trends and future expectations.

Tight management of company administrative cost and process tools, inclusive of ongoing identification and evaluation of "Transformation" opportunities to increase company efficiency.

Identification of strategic considerations and opportunities related to company financials and operations that will drive overall success of SCAN Health Plan and SCAN Group.

Support the Actuarial team in development and preparation of Medicare and Medicaid rate proposals and bids through development of appropriate membership projections and administrative cost forecasts.

Report on performance of key strategies (e.g. dashboards, KPls, etc.). Present updates to executive leadership on a monthly / quarterly basis Analyze product performance, network performance, administrative cost trends, healthcare cost and utilization trends, and identify improvement opportunities.

Oversee and enhance financial forecasting processes, modeling tools, and budget compliance activities.

Lead the assessment of financial feasibility for proposed programs and projects.

Conduct ad hoc analysis to understand and manage the business. Identify and/or implement initiatives in areas of margin improvement, compliance, and system and tool enhancements.

Manage department workflow including prioritizing, scheduling and assigning tasks to staff and fostering a team environment through the communication of departmental and individual performance objectives.

Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

Actively support the achievement of SCAN's Vision and Goals.

Other duties as assigned.

Your Qualifications

• Bachelor's Degree or equivalent experience. Finance, accounting, or related field of study
• CPA license
• 10-15 years of progressive experience in healthcare finance, with experience in Medicare and Medicaid revenue reconciliation, product line cost analysis, financial forecasting, underwriting, and project cost analysis.
• 5+ years of leadership experience
• Extensive knowledge of financial and healthcare product operations
• Oversee and manage the continued development and improvement of budgeting, financial forecasting processes, and modeling tools
• Self-motivated, with demonstrated ability to work in a fast-paced, deadline-oriented environment and handle multiple tasks with minimal supervision or direction
• Excellent oral, written and communication skills; must be able to present complex information in a straightforward comfortable presenting conclusions in front of executive management and driving agenda
• Leadership - Skilled to develops others
• Business Insight - In-Depth understanding of the business
• Problem Solving - Good problem-solving skills
• Strategic Mindset - Anticipates future trends and implications accurately

What's in it for you?

• Base Pay Range: TBD
• Work Mode: Mostly Onsite (In the Long Beach, CA office 2 times a week on Tuesday and Wednesday)
• An annual employee bonus program
• Robust Wellness Program
• Generous paid-time-off (PTO) along with 11 paid holidays per year, 1 floating holiday, birthday off, and 2 volunteer days
• Excellent 401(k) Retirement Saving Plan with employer match
• Robust employee recognition program
• Tuition reimbursement
• An opportunity to become part of a team that makes a difference to our members and our community every day!

We're always looking for talented people to join our team! Qualified applicants are encouraged to apply now!

At SCAN we believe that it is our business to improve the state of our world. Each of us has a responsibility to drive Equality in our communities and workplaces. We are committed to creating a workforce that reflects our community through inclusive programs and initiatives such as equal pay, employee resource groups, inclusive benefits, and more.

SCAN is proud to be an Equal Employment Opportunity and Affirmative Action workplace. Individuals seeking employment will receive consideration for employment without regard to race, color, national origin, religion, age, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender perception or identity, age, marital status, disability, protected veteran status or any other status protected by law. A background check is required.

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