Blue Cross Blue Shield of Minnesota VP Financial Planning & Analysis Job in Eagan, Minnesota

About Blue Cross Founded in 1933, Blue Cross and Blue Shield of Minnesota is the largest health plan in the state. We have more members, the largest network of providers and more products and services than any other plan in Minnesota. From the beginning, Blue Cross has been an innovator with a mission of making a healthy difference in people's lives. We understand the importance of finding a job that you truly enjoy - at a company that shares your values. We've made it easy to feel good about working at Blue Cross by encouraging volunteerism, valuing diversity and offering the flexibility you need to live a balanced life. We offer a suite of comprehensive medical and dental benefits as well as competitive pay, flexible work schedules and generous personal paid time off in addition to 20 hours of volunteer paid time off each year. We look forward to serving Minnesotans over the next 80 years and beyond. Join us and make a healthy difference through the work you do every day. Description Summary The Vice President, Financial Planning and Analysis (FP&A) will serve as a key member of the Finance leadership team and serve as a key financial interface between Finance and senior executives and P&L owners. The VP FP&A will be responsible for delivering value-added business analysis as well as defining and reporting meaningful financial and operational metrics that lead to insightful, accurate business decision-making. The VP FP&A will be responsible for overseeing a financial planning organization that has a comprehensive understanding of all key business drivers and sophisticated financial models that enable the team to deliver insightful, value-added analysis across the company, including consolidated as well as regional analyses. This position will be responsible for directing the financial planning and analysis activities for the Company focused on (1) leading the preparation of the annual budget, financial forecasts and long-range financial plan; (2) working with business leadership to establish, manage and report on key business and operational metrics / dashboards; and (3) analyzing and summarizing financial data and reports to provide meaningful and actionable insight and recommendations to management. This job will report directly to the Chief Financial Officer. Accountabilities Lead and direct the Financial Analysis and Planning team and partner with the business leaders and Finance leaders to provide value-added insight into business performance. Directs the development and implementation of robust financial models to ensure that revenue growth and earnings growth opportunities are realized. Provide financial leadership and analytical support regarding financial projections, capital investments and business strategies. Partner with Directors of FP&A to prepare and provide strategic financial analysis and insights into corporate financial performance. Ensure business units financial and operating decisions are made on the basis of timely and accurate financial data; and, applying financial expertise to overall strategy and business direction. (I tweaked this, but it s basically the same.) Prepare formal presentations with recommendations and summaries of financial results and forecasted results to Senior Executive Leadership as well as the Board of Directors. Prepare monthly reporting package that includes full financial statements, operational Dashboard reporting, analysis of key business trends, actual versus budget variances and comprehensive executive level analysis. Drive an efficient, effective and comprehensive process for developing financial plans and analysis that links to the strategic objectives. Develop and monitor the company s annual budget and monthly forecasts, which shall include establishing budget tools, setting timelines and acting as project manager for the company, ensuring all budgets are accurate, comprehensive and completed on time. Prepare and monitor the company s long range strateg