Become a part of our caring community and help us put health first
 

The VP, CFO provides executive leadership to Humana Military.

               

The position will be responsible for all corporate driven Budgeting, Forecasting and Reporting, GL Accounting for Humana Military, Contract Accounting, Government Cost Accounting and Proposal Pricing.  FP&A efforts include updating and maintaining budgeting and reporting systems and improving the communication and process flow of the annual cycles.  The role will also include ensuring monthly GL accounting activities are performed in a timely and accurate manner (including revenue and expense recognition.  Will include oversight of the contract accounting function (including Health Care cash flow reconciliation and enrollment fee balancing). Also includes development of Humana Military’s Disclosure Statement and annual Forward Pricing Rate Proposals - in addition to ensuring that daily Federal Acquisition Regulation project accounting is compliant (purchase requisition accounting and labor accounting practices).

The VP, Chief Financial Officer for Humana Military (HM) has accountabilities for all day-to-day activities resulting in all financial data and reporting to be current, accurate and complete. This position supplies the tactical processes needed to fulfill HM’S strategic imperatives including: 

• Develops a strategy to drive both membership and earnings growth, creating achievable short-term goals to gain traction while supporting the long-term strategic ambitions of HMHGB 

• Supports contracting efforts with oversight and influence on negotiations and change order requests

• Leads Proposal Pricing strategies for REAs and significant Change Orders 

• Negotiate directly with Major Subcontractors and Contracting Officers for items with significant financial impacts

• Leads financial analytics team to support TRICARE growth ambitions 

• Engage with the HM leadership team to enable pricing and membership decisions aligned to growth and sustainability 

• Financial execution of TRICARE business to ensure flawless financial data and support key business initiatives 

• Partners with the President of Humana Military and HM Executive Leadership to deliver results and present insights on budgeting, forecasting, and variances.

• Prepares and presents monthly, quarterly, and annual financial results and projections to include KPI and balanced scorecard reports.

• Provides financial pictures of the HM business to include annual revenue, number of members served, discount impacts and total contract value.

• Provides financial pictures of the businesses in support of segment ambitions around ROIC targets, Pre-tax targets, and Admin improvement targets. 

• Drives the financial evaluation of any future RFPs and is a key stakeholder in HM contracting life cycle.

• Must be able to understand complexities and knowledge of vendors within government contracts

• Must have deep knowledge of Federal Acquisition Regulations and Cost Accounting Standards to understand the complexities of federal government contracting business

• Must understand the importance of Disclosure Statements and compliance with Cost Accounting Standards in operating a federal contract

• Responsible for establishing relationships with operational executives and the development of operational and capital budgets for HM. Establishes processes for a timely review of actual performance against approved budgets. 

• Maintains relationship with segment actuaries in determining key financial indicators around membership forecasts (current year and year next), Pricing decisions and underwriting targets (current year and year next), Early identification of trend issues, and partnership with operations on solution ideation.

• Ensures appropriate internal controls and safeguards of company assets are in place and working 

• Provides oversight of the Financial Planning and Analysis functions and all financial and statistical reporting needs of Government LOBs

• Ensures accuracy, thoroughness, and integrity throughout financial organization 

Use your skills to make an impact
 

Required Qualifications

• Our Government Contract Requires US Citizenship for this position

• DoD Contract Experience

• FAR and CAS extended knowledge

• 15 years of progressive financial experience

• 4-year Business Degree

• Progressive leadership experience

• Ability to analyze and summarize reporting