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VP, FINANCE & CFO

Company: Amazon Workforce Staffing
Location: Cambridge
Posted on: September 17, 2020

Job Description:

Company: Magellan Health

Location: Cambridge

Posted on: September 12, 2020

Job Description:

Magellan Health Services is proud to be an Equal OpportunityEmployer and a Tobacco-free workplace. EOE/M/F/Vet/Disabled. Everyemployee must understand, comply and attest to the securityresponsibilities and security controls unique to their position.Cambridge MA 02141 58 Charles Street SWH VP, FINANCE & CFO -Cambridge, MA

Responsible for the management of all financial affairs forcustomer accounts covered under the assigned Strategic BusinessUnit (SBU). Position has overall leadership for the financialaffairs of Magellan's Senior Whole Health plan in Massachusetts,serving the managed long-term care Medicaid market. Keyresponsibilities for the role include financial planning andanalysis, performance management (including revenue cycle, medicalcost initiatives and customer negotiations and settlements) andbalance sheet reconciliation and related controls (includingregulatory capital). As a member of the senior leadership for theplan, position will actively participate in the development andexecution of both near-term and long-term business strategies.Requires 10+ years in financial leadership roles serving themanaged Medicaid health plan market. Experience in theMassachusetts market and/or managed long-term care plans isdesired. Experience with either health plan payers, Medicaid, anational

public auditing firm specializing in healthcare is required.Position serves as member of our national Magellan Complete Caresenior Finance team along with 5 other market CFOs.

* Requires 10+ years in financial leadership roles serving themanaged Medicaid health plan market.

* Oversees the financial terms of all contracts and coordinateall related activities such as rate renewals/rate openers andsettlements of contingencies under each contract (i.e. performancepenalties/incentives).

* Maintains consultative relationship and partnership with eachassigned Care Management Center (CMC) and monitor utilizationmanagement practices, medical cost performance and administrativecost expenditures including staffing levels.

* Analyzes and reports monthly financial results for the SBU tointernal parties including the Senior Vice President of the SBU andthe General Manager of each Regional Care Management Center(RSC).

* Participates in periodic meetings with all relevant parties todiscuss results and develop corrective action plans and strategicinitiatives.

* Collects and maintains customer-specific data (medical costs,membership, products, etc.) for use in driving customer strategiesand risk management objectives.

* Manages the preparation of the fiscal operating budget for theSBU.

* Monitors all balance sheet accounts associated with contractsmanaged by the SBU including accounts receivable, funds withheld bycustomers, claims recoverables, etc.

* Maintains and analyzes claims experience and contract dataassociated with the network supporting the assigned geographicterritory.

* Performs special projects and other tasks as requested bymanagement.

General Job Information

Title

VP, FINANCE & CFO - Cambridge, MA

Grade

32

Job Family

Finance Group

Country

United States of America

FLSA Status

United States of America (Exempt)

5/21/2020

Date Requisition Created

5/21/2020

Work Experience

Finance, Management/Leadership

Education

License and Certifications - Required

License and Certifications - Preferred

CPA - Certified Public Accountant - Enterprise

Other Job Requirements

Responsibilities

* Requires a bachelor's degree with 10 or more years ofprogressive experience in accounting or finance, or a master'sdegree with 7 or more years of progressive experience in accountingor finance.

* Experience within managed care, health care or insurancecompany required.

* Customer service focused with excellent analytical skills,interpersonal skills and executive presence required.

* Ability to balance multiple projects and adapt to newissues/assignments as business needs change; comfortable withambiguity.

* Strategic mindset.

* Experience with direct contract negotiations of financialterms with external clients (This requirement will vary based onassigned SBU).

* Demonstrated ability to influence, negotiate and have a salesperspective are key requirements for success in this role.

* Experience with either health plan payers, Medicaid, anational public auditing firm specializing in healthcare ispreferred.

Magellan Health Services is proud to be an Equal OpportunityEmployer and a Tobacco-free workplace. EOE/M/F/Vet/Disabled. Everyemployee must understand, comply and attest to the securityresponsibilities and security controls unique to theirposition.

Cambridge MA 02141 58 Charles Street SWH Bachelors (Required),Masters License and Certifications - Required License andCertifications - Preferred CPA - Certified Public Accountant -Enterprise, * Requires a bachelor's degree with 10 or more years ofprogressive experience in accounting or finance, or a master'sdegree with 7 or more years of progressive experience in accountingor finance. * Experience within managed care, health care orinsurance company required. * Customer service focused withexcellent analytical skills, interpersonal skills and executivepresence required. * Ability to balance multiple projects and adaptto new issues/assignments as business needs change; comfortablewith ambiguity. * Strategic mindset. * Experience with directcontract negotiations of financial terms with external clients(This requirement will vary based on assigned SBU). * Demonstratedability to influence, negotiate and have a sales perspective arekey requirements for success in this role. * Experience with eitherhealth plan payers, Medicaid, a national public auditing firmspecializing in healthcare is preferred.

Keywords: Magellan Health, Cambridge , VP, FINANCE & CFO - Cambridge, MA, Other , Cambridge, Massachusetts

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