Director - Finance - CNS - Surescripts, LLC - Raleigh

Job description
Business Background and Mission:

Surescripts is transitioning from our initial focus on e-prescribing to supporting the broader mission of connecting care providers across the health care system. Our clinical network services business will support that transition by providing wide access to many points of care and messaging applications or use cases that meet systemic health care needs for connectivity to improve patient care and delivery efficiency and effectiveness. The business comprises three major product lines:

The backbone network, which provides connectivity for end users through participating EHRs
Bridging and direct services, which connect off-network participants through alternative technologies
Clinical use cases, which supports important network-based applications such as referrals and transitions of care, for health care senders and receivers
Position Summary:

The incumbent is responsible for assisting the business unit leader and the product executives in the development and implementation of the financial models, plans, and reports required to effectively manage the CNS business. This member of the CNS leadership team will work closely with SVP, Finance to ensure that the business unit plans are in compliance with all corporate policies and will provide input to the corporate finance team on the needs and requirements of the CNS business. Additionally, the candidate will work closely with the business unit leader and executive team to evaluate and assess the financial characteristics of any proposed alliances, partnerships or acquisitions.

Desired Skills and Experience
Responsible for the development and implementation of financial models for the CNS business unit including business unit revenue projections based on product plans and existing contracts as well as cost models including both direct, indirect, operating, and capital costs.
Develop financial reports that help the business unit executives manage progress towards both short and long term goals.
Track and monitor progress against P&L targets and recommend and implement changes needed to stay on course
Establish and maintain overall scorecard metrics and track progress and success on a regular basis
Define process and create documentation required for quarterly, annual and long term budgets and plans
Responsible for working with the business unit Product Managers to develop and implement:
Product based P&L models that include revenue projections, pricing models, cost models including both direct and indirect costs, as well as annual product based budgets
Appropriate financial reports that provide insight into the financial performance of the products and services
Assessments of pricing exceptions requested by the Customer Group
Coordinate business unit financial plans with the corporate Finance function.
Ensure that corporate Finance has information required for companywide reporting
Provide detailed analysis as requested to explain business trends, budget variances and product or customer profitability results.
Work with corporate Finance and business unit leadership to ensure compliance with corporate financial policies (e.g. revenue recognition)
Represent the requirements of the CNS business to Finance and provide input on the development and implementation of financial policies and processes
Provide CNS input in the compilation of detailed annual revenue and expense budgets, forecast updates and long term financial plans.
Assist in the evaluation and assessment of special initiatives.
Work closely with business unit leaders to evaluate the financial merits of alliances, partnerships, and potential acquisition candidates
Qualifications:
Required:
Bachelor’s degree
10+ years’ experience in information services or products or another field related to the business – data networks, transaction processing systems
Ability to structure work products and activities to support multiple business levels (e.g. product, business unit, corporate)
An excellent understanding of financial planning and reporting requirements for information technology products and services
Previous experience developing and managing financial plans at a divisional level or equivalent experience in managing significant program or project financials
Previous experience in a highly matrixed organization
Preferred:
Master’s degree in business or a related business field
5+ years of experience in business or product management
Experience with a network or services business model
Experience with multiple models of cost allocation
Competencies/Skills:
Required:
Strong results orientation
Translate strategy and objectives into manageable, step-by-step action plans
Give guidance and direction to others, and explains what is required for success
Instills in others a strong sense of energy, excitement and ownership, and demonstrates flexibility in working with others to achieve goals
Gets points across in both written and verbal communications
Takes accountability for actions and results and displays a sense of urgency
Fosters and environment of mutual trust and respect and collaborates with others to achieve results
Acts with confidence even when faced with challenging situations
Responds quickly and effectively to new demands, priorities, or changes in direction

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