Inovalon

  • Senior Director, Business Planning & Analysis

    Job Locations US-MD-Bowie
    Requisition ID
    2018-8880
  • Overview

    Inovalon is a leading technology company that combines advanced cloud-based data analytics and data-driven intervention platforms to achieve meaningful insight and impact in clinical and quality outcomes, utilization, and financial performance across the healthcare landscape. Inovalon's unique achievement of value is delivered through the effective progression of Turning Data into Insight, and Insight into Action.

     

    Inovalon is seeking a Senior Director of Business Planning & Analysis to develop and manage key business reporting and processes in a team environment. This role develops reports on analytical results and presents them to the senior management leaders and supports growth by leading the strategic analysis of business opportunities, financial decisions, and supporting company operations.  This is an excellent opportunity for a candidate with strong leadership skills to interact with and influence management and contributors at all levels of the organization. 

    Responsibilities

    • Provide strategic oversight in leading Inovalon’s Business Planning and Analysis team including coordination, process design and presentation/communication of the corporate budgets, forecasts and business plans to senior management, and ensure that the planning process is aligned with near, annual and long-term strategies;
    • Work with leadership to address, prioritize, and complete ad hoc operational reporting needs;
    • Serve as a key resource to the SVP, Operations by providing Business Intelligence as it relates to the management and quality of BP &A; and maintain a bridge between internal stakeholders;
    • Oversee the BP&A budget and lead a team of high contributor teams to effectively achieve clear complex goals and objectives;
    • Overall responsibility for conducting weekly planning cadence’s pertaining to business performance; highlighting performance trends, root cause analysis and roadmaps to objectives;
    • Accountable for driving data rigor across multiple product lines and operations, including budgeting and financial reporting, including recommendations for improvement;
    • Prepare and present monthly reporting packages that includes analysis of key business trends and actual versus plan variances, including comprehensive explanations of differences;
    • Design, implement and direct the preparation of meaningful business analyses and assessments compared to the budgets/forecasts, perform scenario analysis as a risk assessment and recommend benchmarks for measuring financial and operating performance;
    • Monitor and analyze monthly operating results against budget, manage the preparation of financial outlooks and forecasts which aid senior management;
    • Bring business solutions insights and strong contributions as a part of the business leadership team;
    • Produces forecasting models to support senior management in decision making with the ability to encourage, distill ideas to concrete strategic alternatives and consensus building;
    • Collaborates with business owners on data analysis and modeling projects;
    • Launch new Business Intelligence platforms and solutions for internal stakeholders, working closely with the business to gather technical and end user requirements
    • Define and drive data and warehousing strategies that allow the business to scale and improve output
    • Execute and support key data oriented business operations and the evolution of those processes to automated states;
    • Manage and lead the workforce planning and management process for the company accounting for onsite call center associates as well as remote field associates.
    • Oversee, direct, and be principally responsible for the people and managing the business planning and analysis budget and process of the Employer and its affiliates to achieve the successful, secure, reliable and fiscally efficient operation;
    • Build and mentor your teams by supporting skills development and career progression, and coordinate and communicate with senior and executive management to ensure goals are met within the budget; and
    • Drive a high level of associates’ satisfaction and retention with BP&A teams supportive of professional development and accountability and ensures continuing departmental effectiveness through hiring, training, development, and motivation of a competent team.

    Qualifications

    • Bachelor’s degree in Computer Science, Engineering, Finance or a related field of study;
    • Advanced degree in Finance, Computer Science or Analytics;
    • Minimum 10+ years of related experience or in a related field in progressively; Health Care experience is preferred;
    • 5+ years of experience managing at a director level working with executives;
    • Business Intelligence and Data Warehousing experience preferred;
    • Ability to identify and implement process improvement capabilities; process improvement experience preferred; Six Sigma Green Belt or higher, preferred but not required;
    • Broad project management skills, result oriented and demonstrated project ownership;
    • Advanced knowledge and experience with all phases of financial planning, analysis and management. Strong forecasting skills and the ability to understand key business drivers;
    • Excellent analytical skills and the ability to understand the Company’s products and process;
    • Ability to prepare and present accurate financial reporting, take a step away from the financial figures and tell the business story to the organization;
    • Work on highly complex projects and assist less experienced peers; and meticulous organizational skills; Management of business planning and analysis team;
    • Experience in defining technical strategy, design and support of development efforts;
    • Sound understanding of BI Best Practices/Methodologies, relational structures, dimensional data modeling, data warehouse, and reporting techniques;
    • Knowledge of standard project development lifecycle concepts;
    • Exposure to Finance & Accounting in relation to: Financial Analysis & Management Reporting, Expense Management and Accounts Receivable/Billing;
    • Tableau experience preferred; and
    • SQL experience preferred, but not required.


    Inovalon provides equal employment opportunities (EEO) to all employees and applicants for employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

     

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