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As part of Molina’s response to the COVID-19 pandemic, unless otherwise prohibited by law, new hires with a start date of November 1, 2021 or later will be required to be fully vaccinated.

Director, Finance (Remote)

Molina Healthcare United States Job ID 2009614
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Job Description
Job Summary
Responsible  for product specific Medicaid/Medicare analytics, financial reporting and coordinating with Medical Economics to assess impact of cost saving initiatives. Includes evaluation of and recommendations relating to business opportunities, investments, financial regulations, and similar financial projects or programs. Duties include gathering, interpreting, and evaluating financial information; generating forecasts and analyzes trends in sales, finance and other areas of business; Creating financial models for future business planning decisions in areas such as new product development, new marketing strategies, etc.

• Prepares Annual Budget and Quarterly Reforecast according to Corporate guidelines.
• Prepare Administrative departmental budget with various department managers.
• Prepare short-term and long-term strategic plan as per Corporate guidelines.
• Evaluate correlation among various parameters impacting IBNR, including bed days and admits per 1,000, prescription drug utilization, billed dollars of inventory, and other measurable factors that may be leading indicators of the level of reserve required for a particular cell (e.g., a particular product within a state). Coordinate with Actuarial in the evaluation of historical performance and correlation of the various parameters measure, and develop formulas and methodologies for using the current data on the measurable parameters to estimate the required IBNR reserve
• Coordinate the month-end close with Accounting staff. Review all non-IBNR reserves for appropriateness on a monthly basis..

Job Qualifications

Required Education
B.A./B.S. Degree in Math, Finance or Accounting
Required Experience
6+ Years
Preferred Education
Graduate Degree
Preferred Experience
8+ Years
Preferred License, Certification, Association

To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

About Us

Molina Healthcare is a nationwide fortune 500 organization with a mission to provide quality healthcare to people receiving government assistance. If you are seeking a meaningful opportunity in a team-oriented environment, come be a part of a highly engaged workforce dedicated to our mission. Bring your passion and talents and together we can make a difference in the lives of others. Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

Job Type: Full Time Posting Date: 09/24/2021


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