Associate Director - Finance - IT Services & Consulting Firm

Our client is one of the recognized IT Services and Consulting Firm.

About the Client:

Their mission is to make the health care market more efficient by leveraging technology to provide effective, high-quality claims processing solutions. Along the way, they are committed to providing an unparalleled level of customization, which we feel is imperative in our changing market. Finally, they place great value on providing personalized service. They bring a comprehensive set of tools and processes to every opportunity, which we carefully configure to the individual needs of each customer. The company has been managing healthcare claims transactions for over 20 years. Their services have helped more than 300 health care payers, providers and networks across the United States reduce costs, decrease turn-around time, improve payment accuracy, and increase process capability and control. They achieve these benefits by leveraging our IT and claims expertise specifically, by streamlining and automating client transaction management.

Looking for the Associate Director - Finance

Mode - Hybrid

Location - Chennai

Job Description : Recruiting an Associate Director Finance to support Financial Planning & Analysis for its portfolio of healthcare process automation products. This position will provide financial and technical support and leadership to the Senior Director of Finance and key business partners. This person will build, maintain and enhance the infrastructure, tools, models and processes associated with the month-end close, forecasting/budgeting, operating metrics and revenue reporting, and play a key role in month-end and forecast analysis.

Duties and Responsibilities include but are not limited to:

Monthly Financial Results Reporting, Dashboard Reporting, and Month-end Close responsibilities:

- Report timely and accurate volume, revenue, COGS, SG&A expenses, FTEs, and operating metrics. Update monthly financial reports to clearly communicate actual results, forecasted performance, and variances to forecast, budget, and prior year.

- Improve financial and operational performance by analyzing results, monitoring variances, identifying trends, and recommending actions to management.

- Create, design and build dashboards to track performance targets and business objectives.

- Prepare PowerPoint slides for reviews with business partners and finance teams.

- Identify opportunities to streamline finance processes and increase efficiency.

Forecasting and Budgeting:

- Develop and maintain detailed financial forecasting/budgeting models for FTE, expenses, revenue, and operating metric planning and analysis. Identify key business drivers and dependencies and provide recommendations for improvement.

- Continue to automate and streamline financial reports to clearly communicate actual results, forecasted performance, and variances to plan, forecast and budget.

- Manage expense allocation percentages reported to product P&Ls and understand key drivers and changes.

- Ad-hoc / System / Reporting

- Support the implementation of new ERP and financial planning systems and tools.

- Maintain and enhance pricing models based on latest operating metrics and margin goals.

- Build, maintain, or enhance self-service revenue, volume, and FTE reporting for business partners.

Skills and Qualifications :

- Degree in finance or accounting

- 7+ years of experience using strong financial acumen.

- Advanced Excel and data management skills, including financial modeling (creating graphs, pivot tables, reference formulas, general data management). Proficiency in PowerPoint

- Experience with financial system implementation.

- Prior experience creating dashboards and financial models.

- Prior work experience anticipating accounting, financial reporting, forecasting and operational issues, assessing their implications and developing and implementing an appropriate action plan.

- Ability to think outside the box, react quickly to urgent requests and seek solutions to obstacles.

- Proven ability to meet tight deadlines in an environment with competing priorities

- Strict attention to detail

- Solid problem-solving, critical thinking, and investigative skills

Reporting and Metrics : This position is responsible for the following metrics: P&L, FTE, Volumes, Revenue, other operating metrics.

Work Environment and Physical Demands : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge skill and or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform essential job functions.

Risk Designation : This role is classified as (medium), due to access to SDS Financial and HR data. Employees in this role must be free of felony convictions on a background check report.

Access Grants : Employees are only granted access to the minimum necessary facilities, applications, and systems unless otherwise authorized by the CIO. The following represent the access grants for this role. If not listed, access is denied by default.

Security Responsibilities : All employees are required to maintain confidentiality as related to protected health information. Employees are required to follow the acceptable use policy while using any information systems owned or controlled by Smart Data Solutions. Any disclosures of confidential information made unlawfully outside the proper course of duty will be treated as a serious disciplinary offence.

Security roles and responsibilities include:

- Implementing and acting in accordance with the organization's information security policies.

- Protecting assets from unauthorized access, disclosure, modification, destruction, or interference.

- Executing particular security processes or activities.

- Ensuring responsibility is assigned to the individual for actions taken.

- Reporting security events or potential events or other security risks to the organization.