Manager Financial Plan & Analysis
Community Health Choice, Inc. (Community) is a non-profit managed care organization (MCO), licensed by the Texas Department of Insurance. Through its network of more than 10,000 providers and 94 hospitals, Community serves over 400,000 Members with the following programs:
• Medicaid State of Texas Access Reform (STAR) program for low-income children and pregnant women
• Children’s Health Insurance Program (CHIP) for the children of low-income parents, which includes CHIP Perinatal benefits for unborn children of pregnant women who do not qualify for Medicaid STAR
• Health Insurance Marketplace Plans that offer individual health coverage that includes preventive care, emergency services, prescription drugs, and hospitalization available to all, regardless of pre-existing conditions.
• Community Health Choice (HMO D-SNP), a Medicare Advantage Dual Special Needs plan for people with both Medicare and Medicaid that combines Medicare Part A and Part B benefits, Medicare Part D prescription drug coverage, and Medicaid benefits with additional health benefits like dental, vision, transportation, and more.
Improving Members' experiences is at the heart of every Community position. We strive every day to make sure that our Members have access to the high-quality health care they need and deserve.
Community is accredited by URAC for its health plan operations. We offer care management programs for asthma, diabetes, and high-risk pregnancy. An affiliate of the Harris Health System (Harris Health), Community is financially self-sufficient and receives no financial support from Harris Health or from Harris County taxpayers.
The Manager, Financial Planning & Analysis, is responsible for leading the organization's annual budgeting and quarterly forecasting processes, as well as providing financial modeling and reporting to support strategic decision-making and corporate financial goals. This role monitors performance against the budget, identifies key variances, and proactively communicates with senior leaders to address issues that may negatively impact financial performance.
The position also plays a critical role in developing key assumptions for long-range financial planning and evaluating future business scenarios. The Manager provides leadership to the Financial Planning & Analysis team, collaborates with departments across the organization, and serves as a strategic financial advisor. Additional responsibilities include driving cost-savings initiatives, monitoring emerging trends, preparing executive-level reports, and implementing process improvements through automation.
JOB SPECIFICATIONS AND CORE COMPETENCIES
Budgeting & Forecasting
Lead the development of the annual Operating and Capital Budget and quarterly forecasts, ensuring alignment with organizational goals. Monitor budget execution and analyze financial/operational results, identifying variances, trends, and improvement opportunities. Provide guidance to leaders to meet targets.
Financial Modeling & Analysis
Develop and maintain complex models to evaluate revenue, expenses, and scenarios. Support long-term financial planning by forecasting the impact of regulations, market changes, and operational initiatives. Identify opportunities for cost avoidance and savings.
ROI and Workforce Planning Analysis
Build financial models to evaluate capital investments, new initiatives, and workforce planning needs. Provide support in preparing staffing models tied to KPIs. Review FTE requests and ensure business cases include sound financial analysis.
Reporting & Strategic Support
Prepare monthly, quarterly, and annual reports, dashboards, and executive presentations. Support leaders with ad-hoc financial and regulatory analysis. Ensure deadlines for required deliverables are met.
Mentorship & Leadership Support
Manage and coach the FP&A team ensuring completion of regular and ad-hoc tasks and providing guidance and coaching in the development of new projects. Leads team in the development of new processes to bring efficiencies and automation. Provides technical and industry specific education to the team to ensure continued professional development of the department.
Actively contributes to the achievement of departmental goals, as identified in the Department's annual business plan, including specific departmental process improvement plans. Other duties as assigned.
Reports to Position Title: Sr. Director, Financial Planning & Analysis
Employees Supervised Titles: Financial Analyst
Must Have QUALIFICATIONS:
Education/Specialized Training/Licensure: Bachelor's degree in Accounting, Finance, Economics, or a related field required.
Work Experience (Years and Area):
6 years of relevant experience in financial planning, analysis and reporting in a Healthcare organization with proven experience building complex financial models and preparing scenario analysis.
Excellent communication & presentation skills, with the ability to work both independently and collaboratively required.
Management Experience (Years and Area):
3+ years of experience required to lead required a team.
Software Proficiencies:
Advanced Excel,
SQL and Power BI, Financial ERP/EPM software knowledge.
Preferred Qualifications:
Master's Degree or MBA preferred.
3-5 years of experience in Managed Care industry preferred.
Other:
Strong analytical skills, project management and strategic thinking.
Attention to detail, problem-solving, and leadership skills.
Ability to communicate complex concepts to distinct levels in the organization while driving change.