Senior Vice President and Chief Financial Officer (CFO)

Remote Full-time
About the position The Senior Vice President and CFO (CFO) is a member of the Senior Leadership Team, reporting to the President and Chief Executive Officer (CEO). The CFO serves as a thought partner to the CEO playing a significant role in developing and implementing the Company's strategic, business and financial plans with a focus on the capital strength, generation of positive earnings, and ongoing investment in the organization. The CFO oversees the Company's major financial activities including planning, forecasting, budgeting, reporting, and investing. While the CFO will have direct reports in various finance related departments, they will work closely with other senior leaders and business owners, supporting a distributed accountability model to achieve results. The CFO will provide regular and timely reporting to the Board of Directors, Audit Committee, Finance Committee, CEO, and other senior management regarding company financial status, business performance, and investment results. The CFO will promote a culture supportive of employee development, satisfaction and excellence. The CFO partners closely with other senior leaders to achieve the Company's financial targets and outline long-range strategic, operating and capital plans. Responsibilities • Oversee Finance/Actuarial/Investments/Capital to achieve budgeted profit results and other financial targets and to preserve the organization's net assets. • Oversee and direct budgeting, accounting, tax, investment management, and long-range financial forecasting activities for the organization. • Responsible for preparing complete and accurate financial reports for executive management and the Board of Directors. • Direct and coordinate the Company's budgeting process and monitor and report performance relative to budget on a regular basis. • Coordinate state and federal tax reporting and compliance activities. • Oversee preparation of NAIC (National Association of Insurance Commissioners), State of Oregon Insurance Division and other required regulatory filings and reports. • Communicate corporate financial status to management and board. • Assist the CEO in investigating, evaluating and negotiating acquisition, merger, new business ventures and other growth opportunities. • Work with the Chief Actuary to conduct and analyze studies of provider contract rates and their impact on the Company's ability to achieve targets. • Appraise the Company's financial position on a regular basis and issue periodic reports on Company's financial stability, liquidity, progress toward long-term targets. • Ensure sound actuarial analysis of risk, resulting in the attainment of PacificSource's financial and enrollment goals. • Provide oversight, management, development, implementation and communication of departmental programs. • Manage and develop team members responsible for key department activities. • Ensure that the organization complies with regulatory requirements, insurance industry and accounting standards and corporate directives. • Collaborate with senior leadership to support the Audit Committee. • Prepare for and assist outside CPA auditors in completing annual and regulatory audits. • Review lease, reinsurance, and corporate insurance contracts to determine financial impact. • Ensure that provider contracts, provider networks, and administrative capabilities meet requirements of existing and planned products. • Stay apprised of and implement corporate procedures to adhere to changes and updates in corporate and individual income tax codes and regulations. • Maintain up-to-date knowledge and comply with rules and regulations governing corporate operations. • Actively participate as a key team member in Executive Management and Senior Leadership meetings. • Actively participate in various strategic and internal meetings and processes. Requirements • Minimum 10 years of demonstrated executive level Health Plan Operations experience. • Baccalaureate degree in business, finance, or management required. • CPA and experience in health insurance environment preferred. • Expert knowledge of financial accounting, auditing, regulatory (NAIC), and legal reporting requirements. • Capable of effective and persuasive written and oral presentations to internal management, Board of Directors, regulators and internal staff and external customers. • Knowledge of financial and statistical analysis. • Knowledge of some advanced math skills, including algebra and graphing skills. Benefits • Flexible telecommute policy • Medical, vision, and dental insurance • Incentive program • Paid time off and holidays • 401(k) plan • Volunteer opportunities • Tuition reimbursement and training • Life insurance • Options such as a flexible spending account Apply tot his job
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