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Sr Director Finance
Sr Director Finance-March 2024
Glen Allen
Mar 29, 2026
About Sr Director Finance

  Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.

  Job Posting Title

  Sr Director Finance

  Job Description Summary

  Responsible for the management of financial results and operations for an assigned SBU. Areas of focus will vary based on assigned SBU and may include customer contracting, rate negotiations, product pricing, analysis of utilization and medical cost trends, new product development and implementation with customers. May also be responsible for the management of financial results for assigned customers, support of profitable sales growth and driving strategic initiatives. In the process, builds relationships with SBU leadership, enterprise financial operations and other functional leaders to drive performance. Develops and maintains external partnerships with key customers, vendors and other constituents to influence the direction of the business.

  Job Description

  Essential functions will vary based on assigned SBU.

  Analyzes monthly financial results, conducts periodic forecasts of current year profitability and develops the annual budget for all assigned customers.

  Participates in periodic meetings with internal stakeholders to discuss results and develop corrective action plans to mitigate risk and optimize profitability.

  Supports month end close process which includes reviewing journal entries, reconciliations and month end reports.

  Actively participates as a member of the SBU leadership team in the development and execution of both near-term and long-term business strategies.

  Performs financial modeling to support the 5-year financial plan.

  Serves as the financial lead for specific strategic strategies including related investment/capital deployment requirements, cost/benefit analyses and evaluation of potential inorganic accelerants to each strategy.

  Leads financial support for all sales to assigned prospects.

  Leads bid qualification, pricing strategy, rate development, financial proposal terms and delivery to prospective target (including sales presentations).

  Develops financial reporting platform to enable deepen transparency of expense structure. Maintains cost transparency across entire SBU G&A cost structure.

  Partners with IT leadership team to enhance activity-based reporting.

  Monitors effective utilization of resources and recommends adjustments to cost structure.

  Assumes responsibility for the integrity and resolution of all balance sheet accounts associated assigned contracts managed including accounts receivable, funds withheld by customers, claims recoverables, etc.

  Supports underwriting efforts and financial aspects of proposals for RFPs.

  Manages select vendor contracts and payment reconciliations.

  Oversees FTE approvals and geographic changes within the financial system (i.e. cost centers).

  Provides support to both Account Management and Proposal team to aid in new business and account retention, if needed.

  Supports the finance team in evaluating customer-specific contractual reconciliations, renewals/rate openers and settlements of contingencies under each contract (eg. performance penalties/incentives), as needed. Identifies and communicates issues and cost drivers.

  Performs ad hoc financial analysis and special projects as requested by management.

  Responsibilities

  Requires a bachelor's degree with 10 or more years of progressive experience in accounting or finance, or a master's degree with 7 or more years of progressive experience in accounting or finance.

  Experience within managed care, health care or insurance company required.

  Customer service focused with excellent analytical skills, interpersonal skills and executive presence required.

  Ability to balance multiple projects and adapt to new issues/assignments as business needs change; comfortable with ambiguity.

  Strategic mindset.

  Experience with direct contract negotiations of financial terms with external clients (This requirement will vary based on assigned SBU).

  Demonstrated ability to influence, negotiate and have a sales perspective are key requirements for success in this role.

  Experience with either health plan payers, Medicaid, a national public auditing firm specializing in healthcare is preferred.

  Work Experience

  Work Experience - Required:

  Finance

  Work Experience - Preferred:

  Education

  Education - Required:

  Bachelors

  Education - Preferred:

  Masters

  Certifications

  Certifications - Required:

  Certifications - Preferred:

  CPA - Certified Public Accountant - Enterprise - Enterprise

  Potential pay for this position ranges from $122,630.00 - $208,450.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.

  To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/careers/benefits/) and click on the "Benefits at a glance" button for more detail.

  Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law.

  Positions will be posted for a minimum of five consecutive workdays.

  Prime Therapeutics' fast-paced and dynamic work environment is ideal for proactively addressing the constant changes in today's health care industry. Our employees are involved, empowered, and rewarded for their achievements. We value new ideas and work collaboratively to provide the highest quality of care and service to our members.

  If you are looking to advance your career within a growing, team-oriented, award-winning company, apply to Prime Therapeutics today and start making a difference in people's lives.

  Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. ​ If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1.866.469.1257 or email [email protected].

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