Vice President, Finance - McLean, United States - Somatus, Inc.

Somatus, Inc.
Somatus, Inc.
Verified Company
McLean, United States

3 weeks ago

Mark Lane

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Mark Lane

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Description

Overview:


As the largest and leading value-based kidney care company, Somatus is empowering patients across the country living with chronic kidney disease to experience more days out of the hospital and healthier at home.


It takes a village of passionate and tenacious innovators to revolutionize an industry and support individuals living with a chronic disease to fulfill our purpose of creating More Lives, Better Lived.

Does this sound like you?

Showing Up Somatus Strong

We foster an inclusive work environment that promotes collaboration and innovation at every level.

Our values bring our mission to life and serve as the DNA for every decision we make:

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Authenticity:We believe in real dialogue. In any interaction, with patients, partners, vendors, or our teammates, we are true to who we are, say what we mean, and mean what we say.
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Collaboration:We appreciate what every person at Somatus brings to the table and believe that together we can do and achieve more.
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Empowerment:We make sure every voice gets heard and all ideas are considered, especially when it comes to our patients' lives or our partners' best interests.
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Innovation:We relentlessly look for ways to improve upon the status quo to continuously deliver new solutions.
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Tenacity:We see challenges as opportunities for growth and improvement — especially when new solutions will make a difference for our patients and partners.

Showing Up for You

We offer more than 25 Health, Growth, and Wealth Work Perks to help teammates learn, grow, and be the best version of themselves, including:

  • Subsidized, personal healthcare coverage (medical, dental vision)
  • Flexible Paid Time Off (PTO)
  • Professional Development, CEU, and Tuition Reimbursement
  • Curated Wellness Benefits supporting teammates physical and mental wellbeing
  • Community engagement opportunities
  • And more
The VP of Finance will lead financial activities that support critical operational stakeholders.

The key areas of emphasis for this role are Corporate Financial Planning and Analysis and operational finance requiring knowledge of MedEcon, Analytics, Clinical Performance and Provider Finance.

This role is responsible for developing high-quality business strategies and operational plans, ensuring alignment with Somatus short-term and long-term objectives for our population health and other product offerings.

Overseeing product management, operations, and business activities to ensure they produce the desired results and are consistent with the overall product goals driving revenue growth, margin expansion and client satisfaction.

The VP of Finance will be responsible for working with all our business leader stakeholders to develop financial discipline that supports and improves financial and quality performance.

This role will require you to be on-site at our headquarters in McLean, VA.


Responsibilities:


  • Drive performance management tied to key metrics/KPIs/business drivers that provide a forwardlooking view into trends requiring management decisions and action
  • Improve the quality, timeliness, and reliability of financial analysis and key performance metrics available to executive management and the Board, including forecasting, budgeting, and resource allocation in all functional areas.
  • Oversee the enterprise level budget process, and the consolidation and synthetization of brand level budgets into a consolidated financial plan.
  • Automate processes and systems to achieve efficiency gains and quality improvements.
  • Support capital raising by anticipating due diligence requests, gathering and synthesizing data from brand and platform groups, and presenting data in an articulate manner that supports company narrative
  • Develop long term plans and strategies to position the company for a successful IPO (~4 year goal)
  • In partnership with Actuary / MedEcon, lead pricing and contract term development and negotiation to structure our contracts to be profitable.
  • Drive improvements in data alignment and reconciliations to improve contract and member performance.
  • Leverage analytics to identify and communicate healthcare cost trends, issues, and total cost of care drivers.
  • Assist leadership in developing and evaluating initiatives to address healthcare cost trends.
  • Develop incentive strategies for providers that are beneficial to the provider and Somatus while working within a specified budget.
  • Payment Integrity Product Areas
  • Clinical Claim Review, Payment Analytics, Fraud Capture and Utilization Review
Product Management

  • Oversees new product development strategy and execution
  • Responsible for ensuring appropriate product roadmap and collateral documentation is available
  • Develops appropriate business cases to obtain funding necessary for new product development
Revenue and Expense

  • Responsible for developing, managing and attaining revenue and expense budget goals
  • Manages overall product portfolio integration to the recur
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