Associate VP, Financial Planning & Analysis

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The Associate VP, Financial Planning & Analysis analyzes and forecasts financial, economic, and other data to provide accurate and timely information for strategic and operational decisions. The Associate VP, Financial Planning & Analysis requires a in-depth understanding of how organization capabilities interrelate across segments and/or enterprise-wide.

               

The Associate VP, Financial Planning & Analysis collects, compiles, verifies, and analyzes financial information and economic indicators so that senior management has accurate and timely information for making strategic and operational decisions on, for example, acquisitions, investments, capital expenditure, divestitures, mergers, or the sale of assets. Analyzes the financial implications of proposed investments or other transactions so that senior managers can evaluate alternatives against the organization's business objectives. Evaluates industry, economic, financial, and market trends to forecast the organization's short, medium, and long-term financial and competitive position. Analyzes revenues, expenses, costs, prices, investments, cash flow, profits, labor market trends, inflation, interest rates, and exchange rates. Mya involve financial modeling, reporting and budgeting as well. Decisions are typically related to intradepartmental coordination, development and implementation of strategic plans, and business outcomes, and develops and implements strategic plans for the scope of management that are aligned with the Segment or Business strategy.

Use your skills to make an impact
 

Key Responsibilities:

This leader will be an integral member the IT CFO leadership team as well as an extended member of the IT Leadership Team.  The AVP – IT FP&A will be responsible for:

• Leadership of the IT finance team of 10-15+ employees, management of $1.2B+ spend and supporting IT in setting strategic direction, identifying, prioritizing, and pursuing short-, mid- and long-term sourcing opportunities.

• Leading and developing the team into a high performing team of IT finance professionals, with strong analytical and technical skills to challenge our IT partner where appropriate to ensure long-term objectives are being met.

• Excellent strategic stakeholder management: this position will be a member of the extended IT Leadership Team and be tasked with gaining a deep understanding of the IT business strategy to ensure resulting sourcing strategies are in place to drive the greatest value and drive accountability. 

• Establishing the role as challenging strategic business partner to the IT Leadership team with the ability to establish meaningful relationships and adapt to the challenger model.

• Strong supplier management expertise, collaborating with the Procurement and Vendor Management teams to perform deal reviews and determine the best financial outcomes.

• Drives results and insights balancing short-term and long-term financial planning, helping to identify productivity opportunities across the IT organization.

• Strategy enabler / thought partner to IT around new initiatives driving value creation and accountability for spend and savings.

• Partner to the businesses and segment CFOs on understanding the controllable levers of Tech spending and the value associated with them (contractor and associate rate mix, drop-down costs, cloud transition cost/benefit analysis)

• Identifies and drives value-added, business building, productivity and cost saving initiatives      

• Partners deeply with key internal partners to drive better cost & spending planning and, importantly, value / benefits from the spending

• Prepares and presents to IT leaders on regular basis on trends and issues, as well as the segment CFOs and broader Management Team through the monthly, quarterly and/or annual financial reviews. 

• Responsible for establishing key relationships with executives and the development of operational and capital budgets for underlying Tech areas and respective VPs. 

• Verifies and analyzes financial information, technology trends, and economic indicators so that senior management has accurate and timely information for making strategic and operational decisions on, for example, acquisitions, investments, capital expenditure, divestitures, mergers, or the sale of assets

• Partners to ensure appropriate internal controls and safeguards of company assets are in place and working

• Providers oversight and leadership of the IT contract review team, responsible for validating complex and technically nuanced multi-year contracts

• Ensure accuracy, thoroughness, and integrity throughout the financial organization

Required Qualifications

• Master's Degree

• 10 or more years of technical finance and/or accounting experience

• 8 or more years of management experience

• Must be passionate about contributing to an organization focused on continuously improving consumer experiences

Scheduled Weekly Hours

40

About us
 

Humana Inc. (NYSE: HUM) is committed to putting health first – for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.

Equal Opportunity Employer

It is the policy of  Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or because he or she is a protected veteran. It is also the policy of  Humana to take affirmative action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.