VP CFO

The Market CFO has a dual-reporting relationship to the Market President and the SVP CFO Integrated Care and Coverage. The role is responsible for the oversight of the financial health and viability of the Colorado 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 in collaboration with the KP Medical Foundation Leadership Team.

The Market CFO will participate in determining the strategic direction and competitive position of KP Colorado and influence business strategy by tracking progress and forecasting fiscal operational impacts compared to short and long-term Market objectives.

This executive will have the mandate of continuing to enhance the Market's leading integrated health platform.

• 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.
• Partners with key leaders to improve the direction of the Market's performance.
• Responsible for developing pricing strategy across all lines of business, including continual awareness of the external competitive environment.
• Systematically and comprehensively assesses the financial opportunities, challenges, and risks facing the Market.
• Reviews and communicates Market performance to key leaders. Continuously forecasts the progress and momentum in key operations against planned objectives.
• Communicates to a variety of internal and external audiences regarding the Market's financial performance, risks, opportunities, and plans.
• Builds and maintains a responsive, motivated, and high-performing Health Plan finance organization.
• Oversees the development and maintenance of key financial and planning relationships with the Colorado Permanente Medical Group and KP Medical Foundation.
• Supports network contracting by evaluating contract terms and developing key relationships with delivery system partner CFOs.
• Accountable for overall Market P&L and partners with the Market Medical Group Finance Leader to inform about Ambulatory Care Delivery budgeting.
• Planning and Investment Analysis
• Collaborates with the KP Medical Foundation and Market Medical Group Finance Leader on strategic decisions that impact the Market budget and Ambulatory Care Delivery.
• Leads an integrated Market planning process that encompasses business, capital, and financial planning in support of the Market and Enterprise strategy.
• Holds approval authority of capital expenditures and business cases in partnership with the Market Leadership Team.
• Business Development
• Supports the integrated care coverage model, clinical delivery system, and provider system/medical group contracting strategies.
• Provides technical analytical support in assessing and developing optimal financial agreements.
• Builds the capability to work with others to screen and evaluate potential business opportunities.
• Participates in building a business case for new ventures.
• Management of Key Finance Functions
• Oversees management of all core market finance processes and functions, including those that reside in Market and National Shared Services.
• Ensures optimal revenues and identifies areas for cost/productivity improvements.
• Initiates discussions and determines the impact of financial risk when formulating new or monitoring existing business practices.
• Assures protection and preservation of existing assets by establishing appropriate internal controls and risk management practices.
• Responsible for developing the market finance team, including mentorship and thoughtful development discussions.
• Primary financial point of contact with regulators and local market board of directors.

This position has a target base salary of $337,500 to $421,875 and is eligible for incentive compensation, an executive allowance, comprehensive health, wellness, time off, savings, and retirement benefits, as well as relocation support, as applicable.

Experience

• Ten (10) or more 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

• Specific experience/qualifications include the following:
• Demonstrated track record of developing and leading high-performing teams.
• Demonstrated track record in providing financial leadership in a large, complex business.
• Experience implementing financial controls and reporting systems to improve management capabilities.
• Experience managing a broad range of financial and organizational issues.
• Demonstrated ability to negotiate win-win situations as it relates to business decisions.
• Willingness to challenge the status quo.
• Demonstrated political savvy to operate in politically complex situations.
• Ability to understand and assess complex market conditions and recommend necessary cost structure improvements.
• Demonstrated track record of leveraging information technology strategies for financial transaction and decision support systems.
• Must share the values of Kaiser Permanente and its Market Leadership Team.
• Ability to build effective partnerships and influence other leaders.
• Ability to consistently demonstrate integrity, prudence, high energy, initiative, and self-confidence.
• Familiarity with government programs in the health care field, which will affect the financial operations of the business.
• Dedication to maintaining and building an inclusive culture and values aligned with principles of diversity.

• Ten (10) years of Executive management experience involving diverse financial functions within a consumer-facing organization is preferred.
• Combination of health plan and health care delivery system finance experience preferred.
• Decisiveness, action-orientation, personal integrity, and capability to persevere in difficult situations are highly desired.
• A Master's degree with a CPA or equivalent work experience is preferred.