VP, Financial Planning & Analysis

Guided by our core values and commitment to your success, we provide health, financial and lifestyle benefits to ensure a best-in-class employee experience. Some of our offerings include: Highly competitive total rewards package, including comprehensive medical, dental and vision benefits as well as a 401(k) plan that both the employee and employer contribute Annual incentive bonus plan based on company achievement of goals Time away from work including paid holidays, paid time off and volunteer time off Professional development courses, mentorship opportunities, and tuition reimbursement program Paid parental leave and adoption leave with adoption financial assistance Employee discount program Job Description Summary: The Vice President, Financial Planning & Analysis provides leadership to the Financial Analysis and Planning Division of Blue KC. This includes managing and setting the strategic direction of the Division and contributing to the management and strategic direction of the company. The VP is responsible for developing the people and processes needed to meet and exceed the needs of the Financial Planning and Analysis stakeholders. Job Description Lead efforts to support the Chief Financial Officer in his/her efforts to manage and lead the financial initiatives of the company. This includes, but not limited to: 1. Communication of monthly financial results to senior management and the board of directors. 2. Board meeting preparation, including reporting packages, financial data and related narratives. 3. Creating annual budget and ongoing forecasts, including cash flow and RBC management with emphasis on automation to improve accuracy and efficiency. 4. Development of agile forecast models to assist in strategic decision making. 5. Working with business owners to drive results in order to meet the organization's financial goals. Review, communicate and present strategic plans, operating budgets and forecasts. Provide financial plans for performance variances, operating alternatives, program and investment initiatives. Advance excellence in Financial Planning and Analysis including process improvements, standardization and capability development to meet the evolving needs of the organization more efficiently and effectively. Develop long and short-range operating and capital budgets/forecasts, which are aligned with the organization's long and short-range plans and objectives. Determine targets and measures ensuring alignment with business unit functions regarding financial matters. Recommend budget modifications as required and develop action plans to address negative variances. Directly support activities and provide timely information related to sales and account management to drive profitability. Review monthly performance and financial results of all organizational business units and provide strategic recommendations to senior management and business owners. Build exceptional financial, analytical and project management tools and skills within the financial planning team and across the organization to better partner with the business to ensure performance is maximized and sustained. This includes turning data into actionable intelligence, partnering to develop creative solutions, and providing trusted expert advice supported by data analytics. Identify risks, potential business opportunities and make recommendations for action, including providing financial expertise in the planning of new services/products, outsourcing/insourcing services, and expansion opportunities that generate additional sources of revenue. Hire, develop and appraise staff effectively. Emphazise leadership and staff development in order to create an actionable succession plan and create visible career paths for all staff members. Take corrective action as necessary on a timely basis and in accordance with company policies. Minimum Qualifications Bachelor’s degree in Accounting, Finance, Statistics, Analytics or related field Minimum 15 years of leading major financial activities to include but not limited to financial planning and analysis, operational performance management and capital management (insurance experience highly preferred) Experience leveraging technology to improve processes, to produce more timely, reliable and accurate information to drive decision making. Ability to communicate effectively, both verbal and written, with all levels of management. Willingness to challenge the status quo. Excellent people skills (negotiation, listening and communication skills) characterized by effective interactions with a diverse range of internal and external constituents. Demonstrated political savvy to operate in politically complex situations and remain effective. Decisive, action-orientation, leader At Blue Cross and Blue Shield of Kansas City (Blue KC), we have long put our members first by developing products and services to meet their needs. From our founding in 1938 to more than 80 years of experience in innovative, patient-centered healthcare coverage, Blue KC continues to keep our members at the center of everything we do. As a market leader, we continue to embrace new ideas to make healthcare more affordable and to improve the customer experience. Come join us! Blue Cross and Blue Shield of Kansas City will extend reasonable accommodations to qualified individuals with disabilities who are otherwise not able to fully utilize electronic and online job application systems. For assistance, please send an email to Recruitingteam@bluekc.com. EOE/M/F/Vets/Disability Affirmative Action Employer Equal Opportunity Employer Know Your Rights: Workplace Discrimination is Illegal Equal Employment Opportunity/Nondiscrimination Policy IER Right to Work FMLA Pay Transparency Employee Polygraph Protection Act