Kaiser Permanente
Overview
The Market CFO has a dual-reporting relationship to the Northwest Market Regional President and the Hospital Markets and National Planning CFO and is responsible for the oversight of the financial health and viability of the Northwest Market. As a key member of the Executive Leadership Team, the Market CFO will play a critical role in business decisions to maximize the value of financial resources and community investments. The Market CFO will participate in determining the strategic direction and competitive position of KP Northwest and influence business strategy by tracking progress and forecasting fiscal operational impacts compared to short- and long-term market objectives. The Market CFO will partner with Market and Enterprise Leaders to ensure that financial resources are aligned with the Market’s economic plans and overall Market budgets.
Responsibilities
Performance Management: Drives overall Market performance and initiates business and financial analytics to ensure performance success to support strategic and economic plans.
Oversees all aspects of financial management within the Market, including the development of information and analysis of key financial and operational data, and partners with key leaders to improve Market performance.
Advises on pricing and product strategies across all lines of business, including awareness of the external competitive environment.
Assesses financial opportunities, challenges, and risks facing the Market.
Reviews and communicates Market performance to key leaders. Forecasts progress and momentum against objectives.
Communicates Market financial performance, risks, opportunities, and plans to internal and external audiences.
Builds and maintains a responsive, motivated, high-performing Market finance organization.
Oversees the development and maintenance of key financial and planning relationships with the Northwest Permanente Medical Group and KP Medical Foundation.
Supports network contracting by evaluating contract terms and developing relationships with delivery system partner CFOs.
Accountable for the overall Market P&L in partnership with the Market Regional President, NWP Executive Medical Director, and Market Leadership Team.
Leads an integrated Market planning process that encompasses business, capital, and financial planning in support of the Market and Enterprise strategy.
Facilitates capital project evaluation, prioritization, and approval for Market; holds approval authority for capital expenditures and business cases in partnership with the Regional President.
Provides technical analytical support in assessing and developing optimal financial agreements; builds business cases for new ventures and partnerships.
Supports the integrated care coverage model, clinical delivery system, and provider system/medical group contracting strategies.
Oversees the management of core finance processes and functions (internal control oversight, accounting, financial reporting, budgeting/forecasting, decision support, revenue cycle, risk management, and related planning/analysis).
Identifies opportunities for revenue optimization and cost/productivity improvements; manages financial risk and internal controls.
Oversees medical risk adjustment coding and Hospital contracting and network strategy.
Develops and mentors the market finance team to ensure career progression and high performance.
Acts as the primary financial point of contact with regulators and state health authorities.
This position has a target base salary of $333,000 to $416,250 and is eligible for incentive compensation, an executive allowance, comprehensive health benefits, time off, savings, and retirement benefits, as well as relocation support, as applicable.
Basic Qualifications
Experience : Minimum ten (10) years of experience in various financial areas of a multi-faceted health plan, health care system, and/or multi-service provider setting.
Education : A bachelor’s degree in accounting or finance is required
License, Certification, Registration : N/A
Additional Requirements
Demonstrated track record of developing and leading high-performing teams.
Proven financial leadership in a large, complex business as a strategic partner to the senior team.
Experience implementing financial controls and reporting systems to improve management capabilities and results, with knowledge of data applications to accounting systems.
Experience managing a broad range of financial and organizational issues, including organizational redesign, internal controls improvements, contract negotiations, revenue cycle management, and change management.
Ability to negotiate win-win outcomes and challenge the status quo when appropriate.
Demonstrates political savvy to operate in complex environments; maintains effective partnerships.
Open, collaborative, and transparent leadership style that promotes teamwork and results.
Ability to assess complex market conditions and recommend cost structure or revenue growth changes.
Experience leveraging IT strategies for financial transaction and decision-support systems.
Shared values with Kaiser Permanente and the Market Leadership Team; ability to build partnerships and influence other leaders.
Integrity, prudence, high energy, initiative, and self-confidence.
Familiarity with government programs in health care affecting financial operations.
Commitment to an inclusive culture aligned with diversity principles.
Preferred Qualifications
Combination of health plan and health care delivery system finance experience; five+ years of executive management in a consumer-facing organization is preferred.
Decisiveness, action-orientation, integrity, perseverance, and strategic leadership focus.
Master’s degree, CPA, or equivalent experience preferred.
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The Market CFO has a dual-reporting relationship to the Northwest Market Regional President and the Hospital Markets and National Planning CFO and is responsible for the oversight of the financial health and viability of the Northwest Market. As a key member of the Executive Leadership Team, the Market CFO will play a critical role in business decisions to maximize the value of financial resources and community investments. The Market CFO will participate in determining the strategic direction and competitive position of KP Northwest and influence business strategy by tracking progress and forecasting fiscal operational impacts compared to short- and long-term market objectives. The Market CFO will partner with Market and Enterprise Leaders to ensure that financial resources are aligned with the Market’s economic plans and overall Market budgets.
Responsibilities
Performance Management: Drives overall Market performance and initiates business and financial analytics to ensure performance success to support strategic and economic plans.
Oversees all aspects of financial management within the Market, including the development of information and analysis of key financial and operational data, and partners with key leaders to improve Market performance.
Advises on pricing and product strategies across all lines of business, including awareness of the external competitive environment.
Assesses financial opportunities, challenges, and risks facing the Market.
Reviews and communicates Market performance to key leaders. Forecasts progress and momentum against objectives.
Communicates Market financial performance, risks, opportunities, and plans to internal and external audiences.
Builds and maintains a responsive, motivated, high-performing Market finance organization.
Oversees the development and maintenance of key financial and planning relationships with the Northwest Permanente Medical Group and KP Medical Foundation.
Supports network contracting by evaluating contract terms and developing relationships with delivery system partner CFOs.
Accountable for the overall Market P&L in partnership with the Market Regional President, NWP Executive Medical Director, and Market Leadership Team.
Leads an integrated Market planning process that encompasses business, capital, and financial planning in support of the Market and Enterprise strategy.
Facilitates capital project evaluation, prioritization, and approval for Market; holds approval authority for capital expenditures and business cases in partnership with the Regional President.
Provides technical analytical support in assessing and developing optimal financial agreements; builds business cases for new ventures and partnerships.
Supports the integrated care coverage model, clinical delivery system, and provider system/medical group contracting strategies.
Oversees the management of core finance processes and functions (internal control oversight, accounting, financial reporting, budgeting/forecasting, decision support, revenue cycle, risk management, and related planning/analysis).
Identifies opportunities for revenue optimization and cost/productivity improvements; manages financial risk and internal controls.
Oversees medical risk adjustment coding and Hospital contracting and network strategy.
Develops and mentors the market finance team to ensure career progression and high performance.
Acts as the primary financial point of contact with regulators and state health authorities.
This position has a target base salary of $333,000 to $416,250 and is eligible for incentive compensation, an executive allowance, comprehensive health benefits, time off, savings, and retirement benefits, as well as relocation support, as applicable.
Basic Qualifications
Experience : Minimum ten (10) years of experience in various financial areas of a multi-faceted health plan, health care system, and/or multi-service provider setting.
Education : A bachelor’s degree in accounting or finance is required
License, Certification, Registration : N/A
Additional Requirements
Demonstrated track record of developing and leading high-performing teams.
Proven financial leadership in a large, complex business as a strategic partner to the senior team.
Experience implementing financial controls and reporting systems to improve management capabilities and results, with knowledge of data applications to accounting systems.
Experience managing a broad range of financial and organizational issues, including organizational redesign, internal controls improvements, contract negotiations, revenue cycle management, and change management.
Ability to negotiate win-win outcomes and challenge the status quo when appropriate.
Demonstrates political savvy to operate in complex environments; maintains effective partnerships.
Open, collaborative, and transparent leadership style that promotes teamwork and results.
Ability to assess complex market conditions and recommend cost structure or revenue growth changes.
Experience leveraging IT strategies for financial transaction and decision-support systems.
Shared values with Kaiser Permanente and the Market Leadership Team; ability to build partnerships and influence other leaders.
Integrity, prudence, high energy, initiative, and self-confidence.
Familiarity with government programs in health care affecting financial operations.
Commitment to an inclusive culture aligned with diversity principles.
Preferred Qualifications
Combination of health plan and health care delivery system finance experience; five+ years of executive management in a consumer-facing organization is preferred.
Decisiveness, action-orientation, integrity, perseverance, and strategic leadership focus.
Master’s degree, CPA, or equivalent experience preferred.
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