Sr Director-Medicaid Plan CFOPrimary Location: Princeton, New Jersey
Additional Locations: NJ-Princeton Apply
Senior Director, Finance (Medicaid Plan CFO) located in our New Jersey office is responsible for leading a team which manages all the finance functions for Aetnas Medicaid Business in New Jersey. This position is a key member of the local management team and is responsible for local, regional as well as state contract financial reporting, analysis and compliance
60925Fundamental Components: -Oversight of all financial activities for a stand alone business unit Partners with business unit leader to execute short and long-range strategic plan.
-Partner with business unit management to analyze and support full P&L responsibility.
-Support the coordination and development of business unit financial plans and forecasts.
-Drive month end close process and ensure timely local and segment reporting.
-Drive the dissemination and collection of input/output data, critical assumption and management reporting requirements -Coordinate development and monitor implementation of major business unit action plans to seize competitive opportunities and/or respond to performance shortfalls/plan variances.
-Identify emerging product / market trend vulnerabilities and opportunities through analysis; review all assigned markets, develop and implement action plans.
-Interact with state agency and maintain timeliness of state reporting.
*Accountable for day-day management of financial operations as well as monitoring/ reporting the related business goals and objectives.
*Key member and advisor for local management team leaders as well as Regionals and Segment leadership
*Ensure that local business operates effectively, with sound financial analysis, financial reporting as well as appropriate financial and operating controls.
*Direct the monthly financial close and preparation, review and reconciliation of financial statements and communicate of related information to local as well as segment management.
*Solid accounting, financial forecasting/budgeting, financial discipline and knowledge of medical economics.
*Provide analysis and support for developing ideas, programs and provide assistance and guidance with local SAI process.
*Ongoing interaction with actuary, tax, statutory and other Aetna departments.
Oversight would include:
*Lead and developing a team of 3 FTEs currently overseeing financials across separate lines of business.
*Interaction with senior finance and business executives to provide periodic updates and guidance.
*Provide continuous feedback on ability to achieve financial commitments and work with businesses to identify and execute local as well as segment goals.
*Communicate and present monthly financial reviews, quarterly forecast updates and annual operating planning/ budgeting as well as financial planning and analysis processes Background Experience: The optimal candidate will have a solid accounting, financial forecasting/budgeting, financial discipline and knowledge of medical economics. The Senior Director, Finance will be responsible to implement various management processes for driving best practices within functions of responsibility leveraging experience within the broader Medicaid finance business unit.
-Project Management experience required;
-10-15 years significant/pertinent financial planning and analysis experience; knowledge of healthcare, managed care, insurance or financial services;
-Prior P&L responsibility required.
-Bachelor’s Degree in Finance, Accounting, Actuarial Science or similar disciplines required.
-Advanced degree in Business and/or FSA/CPA preferred.
Additional Job Information: Partner with local management team to help achieve financial and operating goals. Required Skills: Finance - Delivering Profit and Performance, Leadership - Developing and Executing Strategy, Leadership - Driving a Culture of Compliance Desired Skills: Finance - Managing Aetnas Risk, Leadership - Collaborating for Results, Leadership - Creating Accountability Functional Skills: Finance - Financial analysis, Finance - Financial Budgeting, Finance - Financial Forecasting, Finance - Financial reporting and analysis - internal control Potential Telework Position: No Percent of Travel Required: 0 - 10% EEO Statement: Aetna is an Equal Opportunity, Affirmative Action Employer Benefit Eligibility: Benefit eligibility may vary by position. Click here to review the benefits associated with this position. Candidate Privacy Information: Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.
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