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VP, CFO - NV

Kaiser Permanente

Reno, NV, Flexible, Regular, Full-time, Day shift, 40 hoursStaff
Sign in to applyVerified 1h ago
Location
Reno, NV, Flexible, Regular, Full-time, Day shift, 40 hours
Work model
On-Site
Level
Staff

About this role

Job Summary

Leading as one, the VP-CFO of Nevada will collaborate with key Kaiser market leaders (Market President, Executive Medical Director, Health Plan Leader), Renown, KP Medical Foundation Financial and KPNV Operational Leaders to ensure that the health and healthcare needs of members and patients in KP Nevada are met through joint oversight for critical functions inclusive of access, quality, service, and affordability. The Nevada Market CFO has a dual-reporting relationship to the SVP, CFO, Integrated Care & Coverage and the Nevada Market President and is responsible for the oversight of the overall financial health and viability of the Nevada 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 executing the strategic direction already defined for KP Nevada including standing up the Integrated Care and Coverage market, achieving a competitive price position on products, unlocking synergies, and evaluating future expansion within the state beyond Northern Nevada. This individual drives the competitive position of KP Nevada and influences 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, Enterprise, and KP Medical Foundation Leaders to ensure that financial resources are aligned with the Markets economic plans and overall Market budgets consistent with the original joint venture business case and strategy.

Essential Responsibilities

New Market Stand-up Strategic and Financial Oversight Establish the KP Finance organization to support the Nevada market, inclusive of standing up the people, processes, and systems to operationalize a new market for KP using KP shared services and connecting with KP Medical Foundation financial and operational shared services Support the Market President in implementation planning and budgeting for the Nevada market, including new medical office development, IT systems and shared services capability deployment. Track the overall success and performance of the market, aligning with the national strategy and market objectives by achieving or exceeding business case objectives e.g., membership growth, Medical Loss Ratio, Administrative Loss Ratio, operating margin, quality measures including Medicare Stars, and consumer experience. Collaborating with Renown health system partner, provide financial leadership for hospital and continuum, identifying joint improvement initiatives. Develop a multi-year budget and forecast in alignment with the overall integrated care and coverage portfolio and original business case in collaboration with the Market President, Executive Medical Director, National Health Plan, and KP Medical Foundation Partner with Market President, Executive Medical Director and Health Plan Leader to align operational and strategic oversight with financial performance, Coordinate with Enterprise and Integrated Care and Coverage Finance functions and KPMF Finance to provide data, analytics, planning and reporting tools to drive KP NV outcomes. Develop markets Profit and Loss (P&L) statement, ensuring financial performance aligns with strategic goals and managing a budget to support performance and growth. Manage and track the total cost of care for members, including monitoring the performance of Long-term Payer and Provider Contract. Implement strategies to enhance value and reduce unnecessary expenditures and manage expenses to support affordability. Monitor the overall performance of the joint venture, working closely with the partner health system to ensure transparency, accountability, and shared financial success. Foster open communication and regular performance reviews with leadership team to proactively identify opportunities and address challenges together. Performance

Listing verified 1h ago. Applications go through the company's official careers site.

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VP, CFO - NV at Kaiser Permanente, Reno, NV, Flexible, Regular, Full-time, Day shift, 40 hours | Yoinka