Parkland Looking for VP/CFO – PCHP at Dallas, Texas Full Time

Interested in a career with both meaning and growth? Whether your abilities are in direct patient care or one of the many other areas of healthcare administration and support, everyone at Parkland works together to fulfill our mission: the health and well-being of individuals and communities entrusted to our care. By joining Parkland, you become part of a diverse healthcare legacy that’s served our community for more than 125 years. Put your skills to work with us, seek opportunities to learn and join a talented team where patient care is more than a job. It’s our passion.

Primary Purpose
Responsible for overseeing all financial functions of Parkland Community Health Plan (PCHP). Reviews and/or establishes policies and procedures related to its accounting and finance practices. Directs all fiscal activities such as accounting, budgets, audits, non-profit filings, and the preparation of financial regulatory and government agency reports.

Minimum Specifications
 

Education

• Bachelor’s degree in Accounting, Finance, Business or Management.
• Prefer Master’s degree in Healthcare Administration, or a Master’s degree in Business Administration.
   

Experience

• Must have at least ten years of experience in a financial leadership role within a healthcare or insurance environment, preferably a managed care organization.
• Experience with regulated rate setting process preferred.
• Experience with the Texas Health and Human Service Commission (HHSC) and the Texas Department of Insurance (TDI) preferred.
   

Equivalent Education and/or Experience

• May have an equivalent combination of education and experience to substitute for both the education and the experience requirements.

Certification/Registration/Licensure
 

Required Tests for Placement
 

Skills or Special Abilities

• Must have excellent oral, written and presentation skills.
• Must be able to communicate effectively with all levels, including governance, executive leadership, and other personnel, both internal and external to the organization.
• Capable of establishing effective working relationships and interacting with diverse groups and all levels of internal staff and external representatives in a tactful and diplomatic manner.
• Ability to prioritize assignments, negotiation skills, and handle confidential information with discretion.
• Must have demonstrated experience working on collaborative projects with internal and external constituencies which have yielded productive and timely results.
• Must be a strategic thinker with excellent organization, project management and analytical skills.
• Must be skilled in leading change management, major transactions and organizational transformation.
• Must possess high ethical standards and demonstrate excellent conflict resolution.
• Understanding of policy/procedure development and the culture of a healthcare organization.
• Deep understanding of Texas Medicaid (STAR/CHIP) program, financial statistical reports (FSRs), the Uniformed Managed Care Contract and the Uniform Managed Care Manual.
• Demonstrated experience developing and launching new product lines (e.g. ACA, Commercial).
   

Responsibilities

1. Accountable for all health plan accounting and financial reporting.
2. Oversees all regulatory reporting and Statutory Accounting, planning and analysis.
3. Leads the organization’s annual budget process.
4. Responsible for the organization’s long-range forecast modeling. Ensures effective support of financial closing, planning forecasting processes. Such activities drive the quality and integrity of P&L cost center owner level reporting, membership and/or expense forecasts, product, and balance sheet reporting.
5. Accountable for actuarial services, underwriting and final pricing decisions, IBNR reserve preparation, premium billing, and collection.
6. Develops and executes strategy to ensure timely achievement of desired financial outcomes across every area of the health plan.
7. Partners with senior leadership teams to develop insight and drive execution of strategies to maintain financial and operational control of the organization.
8. Identify, suggest, monitor, and track effective medical cost analysis in coordination with leadership in areas including healthcare services and network.
9. Interfaces with Parkland Health’s ( Parkland’) Finance, Procurement, Purchasing, Office of Talent Management, Legal Affairs, Internal Audit, Compliance, and Information Technology departments.
10. Develops a strong and collaborative relationship with Parkland’s EVP/Chief Financial Officer.
11. Leads Medical Expense Initiatives (MEI’s) across all departments to ensure financial strength for the organization.
     

Job Accountabilities

1. Identifies and analyzes the design of jobs, work processes, work flows, etc. for the area and implements appropriate changes to improve effectiveness, productivity, and efficiency that support the overall goals of the department and Parkland.
2. Stays abreast of the latest developments, advancements, and trends in the field by attending seminars/workshops, reading professional journals, actively participating in professional organizations, and/or maintaining certification or licensure. Integrates knowledge gained into current work practices.
3. Maintains knowledge of applicable rules, regulations, policies, laws and guidelines that impact the area. Develops effective internal controls designed to promote adherence with applicable laws, accreditation agency requirements, and federal, state, and private health plans. Seeks advice and guidance as needed to ensure proper understanding.
4. Develops and monitors annual budgets that ensure the department has the necessary funds to carry out the goals and objectives that have been established for the department.
5. Develops, implements, monitors, and revises annual goals and objectives for the department that support the missions and objectives of Parkland.
6. Selects, trains, schedules, motivates, supervises, and evaluates employees making recommendations for disciplinary actions up to and including termination, to ensure maximum utilization of individual and group capabilities. Ensures that assigned employees receive opportunities to further their knowledge.

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Parkland Health and Hospital System prohibits discrimination based on age (40 or over), race, color, religion, sex (including pregnancy), sexual orientation, gender identity, gender expression, genetic information, disability, national origin, marital status, political belief, or veteran status.