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Director of Financial Operations

Company: Optum
Location: Tacoma
Posted on: November 22, 2020

Job Description:

Director of Financial OperationsNorthwest Physicians Network is now offering qualified candidates an opportunity to join our team as a Director of Financial Operations. Our company values innovative problem solvers promote personal and professional growth and provides a supportive working environment that affords all of its employees a healthy work/life balance. In support of NPN's mission, vision, and strategic goals, the Director of Financial Operations is responsible for the overall accounting and financial reporting functions, including implementing and appropriately supporting processes, systems, and internal controls while supporting strategic business development activities across the organization. This position oversees all financial compliance and reporting and works as a member of the Leadership Team to develop and implement financial strategies across the organization. The Finance Director is responsible for the financial assessment of current and future technology needs and the impact of the technology on financial processes.Northwest Physicians Network creates the opportunity for independent private practitioners to thrive in Washington State. By providing clinical integration support and data driven quality improvement, we have created a high value delivery network, making it possible for our providers to remain focused squarely on their patients.Status: Regular, Full-time, FLSA Non-exemptCompetitive Salary & Competitive BenefitsPrimary responsibilities will include:

  • Oversees accounting, budgetary, and financial analysis functions and practices
  • Oversees regional Eligibility and Membership functions
  • Oversees risk management, including analyzing health plan claims data, assisting with estimating incurred but not received claims
  • Oversees and makes recommendations regarding appropriate financial strategies and activities, and internal controls
  • Supervises Managers with staff
  • Ensures timeliness, accuracy and usefulness of financial and management reporting including monthly financial statements to Leadership Team
  • Represents Company to financial partners including financial institutions
  • Engages with Leadership Team to develop annual and long-term financial plans
  • Develops and utilizes forward-looking, predictive models, and activity-based financial analyses to provide insight into the organizations' operations and business plan
  • Participates as a member of Leadership Team
  • Advises with the members of senior management on financial planning, cash flow, investment priorities, and policy matters.
  • Serves as the management liaison to the finance, and audit committees; effectively communicate and present critical financial matters at select committee meetings.
  • Actively participates in the development of NPN's strategic goals, objectives, and new business opportunities as well as the overall management of the organization.
  • Maintains continuous lines of communication, keeping the senior leadership informed of all critical issues.
  • Represents the organization externally, as necessary.
  • Interfaces as appropriate with CMS, WHA, and other payors/clients.
  • Manages company risk exposure through internal controls, and audit and recovery functions.
  • Remains up to date on accounting and audit best practices and relevant state and federal laws
  • Ensures legal and regulatory compliance regarding all financial functions
  • Evaluates finance and accounting processes and implements best practices
  • Provides Leadership Team with due diligence analysis of significant financial management decisions
  • Identifies, coordinates, and reports on company-wide performance measurements metricsKnowledge, Skills, and Abilities
    • Strong knowledge of generally accepted (GAAP) accounting practices and experience managing external auditors
    • Commercially astute, articulate, technically strong, insightful and influential leader with the ability to operate at both strategic and operational levels
    • Detailed knowledge of healthcare insurance industry, contract negotiations, and IPA business model
    • Knowledge and familiarity with healthcare data systems, accounting systems, Microsoft Office Suite and SharePoint
    • Skill in gathering, interpreting, analyzing, and reporting financial information
    • Skill in exercising initiative, judgement, problem solving, and decision-making
    • Skill in developing and maintaining effective relationships with internal staff, network practices, clients, regulators, public, and all other associated stakeholders
    • Skill in organizing and prioritizing to achieve NPN's strategic goals and objectives
    • Ability to analyze and interpret complex data and reports
    • Knowledge of specific communication needs with the ability to listen actively and respond to internal and external customers in a timely, competent manner both verbally and in writing
    • Strong IT skills, awareness of developing new technologies
    • Ability to handle high levels of pressure and critical decision-making
    • High integrity and openness combined with commitment to good governanceMinimum Requirements:Education: Bachelor's degree in accounting, finance, MBA or CPA preferred Experience:
      • 7 years of managing the accounting/finance functions within healthcare insurance industry with increasing responsibility and staff oversight
      • 5 years of financial analysis, budgeting, due diligence and forecasting
      • 3 years' experience presenting at boards, senior management or business partner meetingsCareers with Optum. Here's the idea. We built an entire organization around one giant objective; make health care work better for everyone. Optum, part of the UnitedHealth Group family of businesses, brings together some of the greatest minds and most advanced ideas on where health care has to go in order to reach its fullest potential. For you, that means working on high performance teams against sophisticated challenges that matter. Here you'll find incredible ideas in one incredible company and a singular opportunity to do your life's best work.(SM) Diversity creates a healthier atmosphere: Optum and its affiliated medical practices are Equal Employment Opportunity/Affirmative Action employers and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. Optum and its affiliated medical practices is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.

Keywords: Optum, Tacoma , Director of Financial Operations, Accounting, Auditing , Tacoma, Washington

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