VP, Head of Finance - Benefitfocus
Voya FinancialAbout the role
Together we fight for everyone’s opportunity for a better financial future.
We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.
Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.
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Position Overview:
Voya is seeking an innovative and strategic Vice President, Head of Finance - Benefitfocus, reporting to the CFO – Workplace Solutions. This leader will play a critical management role by leading a team that partners with functional and business leadership to create insights, and drive productivity and accountability across supported areas. The ideal candidate will have familiarity in finance business partnership with functional areas, be technologically and commercially aware, and be both an excellent communicator and collaborator. The role represents a fantastic opportunity for a transformational leader to enter the organization at an exciting and opportune time.
Key Responsibilities:
Strategic Financial Leadership:
- Develop and implement financial management processes that align with the strategic and operational objectives of the Benefitfocus business.
- Lead financial forecasting, budgeting, and long-term planning efforts to support business growth and profitability.
Performance Analysis:
- Establish and analyze business performance management metrics and financial data to provide actionable insights and recommendations to senior leadership.
- Monitor key performance indicators (KPIs) to ensure alignment with company goals and targets.
Business Partnering and Financial Oversight:
- Collaborate with Benefitfocus business leaders to provide financial insights that support strategic decision-making and operational efficiency.
- Collaborate with cross-functional teams to align finance strategies with organizational goals.
- Act as a key liaison to Benefitfocus Leader, Business Segment and Sales Leaders and Corporate, providing financial expertise, guidance, transparency, accountability, and partnership for all IT services consumed by the business segments on product development, pricing strategies, and market analysis.
- Work closely with the Project Management Office (PMO) and Business Leadership to manage execution project spend.
Team Leadership:
- Build, mentor, and lead a high-performing team, fostering a culture of collaboration, accountability, and continuous improvement.
- Promote professional development and skill enhancement within the team to ensure excellence in financial planning and analysis, while actively developing critical future skills such as AI proficiency and digital proficiency.
Reporting and Compliance:
- Oversee the preparation of financial reports, presentations, and analysis for internal stakeholders and external regulators as may be necessary.
- Provide meaningful, insightful and timely reporting for the supported organizations, grounded in performance drivers.
Knowledge & Experience:
- Bachelor’s degree in finance, Accounting, Economics, or a related field; MBA, CPA, CFA or relevant advanced degree preferred.
- Minimum of 10 years of experience in financial management, ideally having supported Benefits and/or BenAdmin Technology organizations in the financial services industry.
- Proven track record of strategic financial leadership and business partnership in a senior management role and with successfully executing on strategy
- Understanding of infrastructure technologies and technology service management preferred
- Strong analytical and problem-solving skills, with the ability to distil
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