Experienced Financial Planning Consultant – Cost Allocation Model Development and Financial Analysis

About Point32Health

At Point32Health, we are a leading health and wellbeing organization dedicated to delivering an ever-better personalized healthcare experience to everyone in our communities. Building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier. We take pride in the important work we do every day in service to our members, partners, colleagues, and communities. If you're passionate about making a difference in the lives of others, we invite you to join our team.

Job Summary

We are seeking an experienced Financial Planning Consultant to join our FP&A (Financial Planning & Analysis) department. As a key financial individual contributor, you will be responsible for owning and maintaining the cost allocation model for the organization. This role will play an active part in supporting monthly close activities, budgeting, and forecasting through standard and ad-hoc reporting of allocation results. You will report to the Director of FP&A and lead the function of managing the full life cycle of allocations, providing insights to both Finance and business leaders.

Key Responsibilities/Duties

As a Financial Planning Consultant, your key responsibilities will include:

• Own and maintain the cost allocation model in Oracle PCMCS (Profitability and Cost Management Cloud Solution).
• Provide standard and ad-hoc reporting on actual vs budget and actual vs forecast allocation results.
• Steward data validation and data integrity efforts and initiatives for reporting conformity.
• Manage the overall allocation process, including the collection of annual cost allocation surveys, guidance on cost drivers, and assessments of improvement opportunities with a keen eye towards efficiency and transparency.
• Develop timely what-if analysis of proposed allocation change to guide decision-making process.
• Liaise with Accounting on monthly journal entries, analyses, and quarterly/annual filings that utilize allocation data.
• Other FP&A duties and projects as assigned, not limited to actual vs budget analysis, risks and opportunities assessments, and business support.

Qualifications

To be successful in this role, you will need:

Education, Certification, and Licensure

* Bachelor's degree in accounting or finance required * Master's degree preferred

Experience

* 5+ years of relevant finance/accounting work, preferably in a healthcare environment * Experience in working in fast-paced, matrixed environments * Knowledge of cost accounting principles * Experience with Oracle PCMCS is required

Skill Requirements

* Systems Savvy: comfortability in navigating different systems, understanding data flows, and consolidating large data sets * Communicates effectively to both Finance and Non-Finance professionals in explaining results in a concise, transparent manner * Deep understanding of cost accounting/allocation principles and methodologies * Ability to work cross-functionally with Accounting, the extended Finance team, and the Business to explain results and run analyses * Process improvement: champion process improvement efforts and take initiative to question the status quo for efficiency gains * Strong attention to detail

Working Conditions and Additional Requirements

* Must be able to work under normal office conditions and work from home as required * Work may require simultaneous use of a telephone/headset and PC/keyboard and sitting for extended durations * May be required to work additional hours beyond standard work schedule

Compensation and Total Rewards

We offer a competitive and comprehensive total rewards package, including: * Medical, dental, and vision coverage * Retirement plans * Paid time off * Employer-paid life and disability insurance with additional buy-up coverage options * Tuition program * Well-being benefits * Full suite of benefits to support career development, individual & family health, and financial health For more details on our total rewards programs, visit https://www.point32health.org/careers/benefits/

Commitment to Diversity, Equity, Inclusion, Accessibility, and Health Equity

Point32Health is committed to making diversity, equity, inclusion, accessibility, and health equity part of everything we do-from product design to the workforce driving that innovation. Our Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity team's strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams, and provide parameters on how to recruit and retain talented and dynamic talent.

How to Apply

If you're passionate about making a difference in the lives of others and have the skills and experience required for this role, we invite you to apply. Please visit our website to learn more about our company culture and benefits, and to submit your application. We look forward to hearing from you! Apply for this job