Company Statement
For the last 80 years, EmblemHealth has been taking care of New York’s heart and soul, its people. Today, health care is more complex than ever. That’s why we’re at the forefront of change. We work alongside our customers to offer access to high-quality, affordable care, help navigate the health care experience, and make good health achievable; because everyone deserves to be taken care of. We deliver on our mission every day by living our values with our colleagues, members, clients and partners. It begins with caring and respecting all those we work with. We believe a culture of diversity and inclusion is vital to serve our unique and diverse customers. We seek for continues improvement and innovation and believe being agile and nimble is our advantage. We bring a strong sense of partnership to every relationship – internally and externally. The EmblemHealth family of companies offers competitive health, welfare, and retirement benefits as well as incentive pay plans and more.
Financial Planning & Analysis Manager
Summary:
Collaborate with the Director and other departmental leaders in managing the budgeting and forecasting process. Act as key point person for managing the allocation of administrative expenses across the P&L. Serve as a key participant in the operating expense monthly variance meetings, annual planning, and recurring forecasting processes. Partner with business areas to analyze financial data and explain financial trends. Serve as subject matter expert on financial planning and analysis issues. Collaborate with other departments to assist with planning, forecasting, etc.; and to gather and provide information.
Responsibilities:
- Design, implement, and manage process for allocating administrative expenses across the P&L to ensure financial
- Provide monthly operating expense reporting to business areas that details performance and documents emerging risks and opportunities; assist in trend analysis to identify areas for financial improvement and cost reductions.
- Provide variance explanations and strategic insight to the business utilizing industry best practices to illustrate inconsistencies and develop reports and provides recommendations on corrective actions or adjustments that are communicated to senior management.
- Design and implement new processes to improve efficacy of planning and forecasting functions.
- Review operational and financial records and reports and makes recommendations for improvements; works with departments to compile data necessary to analyze and determine operational and financial efficiency.
- Lead the compilation of routine and ad hoc reports as needed including special management reports. Lead or participate in ad hoc team projects as assigned.
- Perform other job-related duties as required.
- May be required to travel to client/business location to provide assistance and process oversight.
Qualifications:
- Bachelor’s Degree in Accounting or Finance; advanced degree preferred
- 5 – 8+ years of relevant professional work experience required
- 3 – 5+ years’ progressive experience in financial analysis roles, preferably in an insurance finance environment required
- Skilled in performing financial, statistical, and comparative analyses of budgetary documentation and data and making sound
- Must have a thorough understanding of financial systems (PSoft/Oracle GL/Hyperion or equivalent) required
- Ability to develop, maintain, and enhance relationships, fostering respect and understanding with business partners required
- Experience monitoring and reporting budget variances and performing accurate mathematical calculations required
- Experience with or ability to mentor, guide, train, and lead staff and/or lead/manage processes preferred
- Excellent communication skills (verbal, written, presentation, interpersonal) with all types/levels of audiences required
- Ability to absorb, interpret, and communicate information, both financial and non-financial required
- Demonstrated ability to produce clear and concise financial analysis and reports required
- Proficiency with MS Office (Word, Excel, Access, Powerpoint, Outlook) required
- Statutory financial reporting experience preferred
Security Disclosure
If you are offered a job from one of the EmblemHealth family of companies that includes ConnectiCare, AdvantageCare Physicians, and WellSpark, the offer confirmation email will come from “HRTalentAcquisition” with the subject line: “Offer of Employment for (job title)” – Please respond online”.
We never ask you to join a Google Hangout, request you to purchase your own equipment or pay to apply. We do not send email from a third-party email service such as Yahoo or Gmail.
Pay Disclosure
A good faith estimate of the compensation range for individuals hired to work for the EmblemHealth Family of Companies is provided. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate’s work experience, education/training, internal peer equity, and market and business considerations. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. It is not typical for an individual to be hired at or near the top of the range, as compensation decisions depend on each case’s facts and circumstances. Union roles covered by a collective bargaining agreement will compensate in accordance with the union contract.
EEOC Statement
We are committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business. We are an equal opportunity/affirmative action employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity or expression, pregnancy or related condition, marital status, national origin, disability, protected veteran status or any other characteristic protected by law.
Sponsorship Statement
Depending on factors such as business unit requirements, the nature of the position, cost and applicable laws and regulations, EmblemHealth may provide work visa sponsorship for certain positions.