The Role
The AVP of Commercial Finance drives data-informed decision-making, performs financial analysis, and partners with teams to optimize commercial strategies and economic evaluations.
Summary Generated by Built In
Job Summary & Responsibilities Preferred Qualifications
At Claritev, we pride ourselves on being a dynamic team of innovative professionals. Our purpose is simple - we strive to bend the cost curve in healthcare for all. Our dedication to service excellence extends to all our stakeholders -- internal and external - driving us to consistently exceed expectations. We are intentionally bold, we foster innovation, we nurture accountability, we champion diversity, and empower each other to illuminate our collective potential.
Be part of our amazing transformational journey as we optimize the opportunity towards becoming a leading technology, data, and innovation voice in healthcare. Onward and Upward!!!
JOB SUMMARY: This position will serve as a strategic financial leader within the organization, driving data-informed decision-making and providing deep market insights to support commercial strategy, pricing, partnerships, and investment decisions. This role is pivotal in shaping the financial trajectory of the company by aligning financial analytics with market dynamics, competitive intelligence, business development, segmentation, deal management, economic evaluation of pricing / packaging, and strategic initiatives. Provides additional financial support, analysis and reporting, as well as acts as a Finance point of contact for executives, sales organization, revenue accounting, general managers, product managers, data scientists, pricing and strategy, and others outside of the Accounting and Finance organization.
JOB ROLES AND RESPONSIBILITIES:
1. Conduct secondary market research to identify trends, risks, and opportunities in the health tech landscape.
2. Monitor competitor strategies, regulatory changes, and payer-provider dynamics.
3. Translate market insights into actionable recommendations for commercial and strategic teams.
4. Develops a deep and thorough understanding of the company's strategy for operations, revenue, pricing and packaging, and market insights.
5. Key business partner to the Data Science / AI team for deeper understanding of data and market intelligence.
6. Key business partner to the Revenue Accounting team to align revenue recognition relating to overall market strategy.
7. Support M&A due diligence, partnership evaluations, and strategic planning exercises.
8. Optimize monthly, quarterly, and annual forecasting processes and variance reporting related to new business, including partnering with all critical stakeholders including the ELT, functional leaders and Revenue Accounting organization.
9. Build trusted relationships with leadership and business partners across the organization.
10. Partner with Sales, Pricing, Strategy, Product, Data Science, and GM's as needed. Collaborate with Corporate FP&A for consolidated monthly, quarterly and annual reporting.
11. Support Commercial Finance leadership with follow-up analyses and recommendations as needed.
12. Assist with Board, Investor, and Quarterly Business Review presentations as needed.
13. Collaborate, coordinate, and communicate across disciplines and departments.
14. Ensure compliance with HIPAA regulations and requirements.
15. Demonstrate Company's Core Competencies and values held within.
16. The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
JOB ROLES AND RESPONSIBILITIES:
1. Conduct secondary market research to identify trends, risks, and opportunities in the health tech landscape.
2. Monitor competitor strategies, regulatory changes, and payer-provider dynamics.
3. Translate market insights into actionable recommendations for commercial and strategic teams.
4. Develops a deep and thorough understanding of the company's strategy for operations, revenue, pricing and packaging, and market insights.
5. Key business partner to the Data Science / AI team for deeper understanding of data and market intelligence.
6. Key business partner to the Revenue Accounting team to align revenue recognition relating to overall market strategy.
7. Support M&A due diligence, partnership evaluations, and strategic planning exercises.
8. Optimize monthly, quarterly, and annual forecasting processes and variance reporting related to new business, including partnering with all critical stakeholders including the ELT, functional leaders and Revenue Accounting organization.
9. Build trusted relationships with leadership and business partners across the organization.
10. Partner with Sales, Pricing, Strategy, Product, Data Science, and GM's as needed. Collaborate with Corporate FP&A for consolidated monthly, quarterly and annual reporting.
11. Support Commercial Finance leadership with follow-up analyses and recommendations as needed.
12. Assist with Board, Investor, and Quarterly Business Review presentations as needed.
13. Collaborate, coordinate, and communicate across disciplines and departments.
14. Ensure compliance with HIPAA regulations and requirements.
15. Demonstrate Company's Core Competencies and values held within.
16. The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
JOB SCOPE: This position works under minimal direction and applies principles of financial analysis to support the volume/revenue modeling, reporting and analysis. The incumbent operates directly with all areas and levels across the organization, applying comprehensive knowledge of principles, practices, and procedures to complete job responsibilities. This position utilizes in-depth knowledge, advanced problem-solving skills and an understanding of company priorities to strategize and resolve non-routine issues. The work consists of financial analysis, project leadership, using financial systems, and performing analytics and reporting. The incumbent is a resource and aids higher level positions, and may lead the work of others or train others who do not directly report to this position.
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JOB REQUIREMENTS (Education, Experience, and Training):
* Minimum Bachelor's degree with a preferred major in Finance or Accounting. MBA preferred.
* Minimum 8 years of experience in Finance, Accounting or related field preferred.
* Minimum of 8 years of experience in financial analysis and/or budgeting preferred.
* Strong understanding of healthcare economics, payer-provider models, and regulatory frameworks is a plus
* Required licensures, professional certifications, and/or board certifications as applicable.
* Strong BI applications and/or other data analysis tools is preferred.
* Strong corporate financial management, financial modeling, and familiarity with financial reporting requirements and regulations.
* Business acumen, strong problem-solving, organizational, leadership, decision-making, communication (verbal and written), and people management skills.
* Proven ability to analyze and interpret complex financial data, assess risks, and strategic insights.
* Ability to communicate/interact with executive management, department heads and operational leaders.
* Ability to build consensus, establish trust, and build relationships through the organization.
* Ability to organize and manage multiple takes while prioritizing to meet established deadlines.
* Minimum Bachelor's degree with a preferred major in Finance or Accounting. MBA preferred.
* Minimum 8 years of experience in Finance, Accounting or related field preferred.
* Minimum of 8 years of experience in financial analysis and/or budgeting preferred.
* Strong understanding of healthcare economics, payer-provider models, and regulatory frameworks is a plus
* Required licensures, professional certifications, and/or board certifications as applicable.
* Strong BI applications and/or other data analysis tools is preferred.
* Strong corporate financial management, financial modeling, and familiarity with financial reporting requirements and regulations.
* Business acumen, strong problem-solving, organizational, leadership, decision-making, communication (verbal and written), and people management skills.
* Proven ability to analyze and interpret complex financial data, assess risks, and strategic insights.
* Ability to communicate/interact with executive management, department heads and operational leaders.
* Ability to build consensus, establish trust, and build relationships through the organization.
* Ability to organize and manage multiple takes while prioritizing to meet established deadlines.
The salary range for this position is $190k-$205k. Specific offers take into account a candidate's education, experience and skills, as well as the candidate's work location and internal equity. This position is also eligible for health insurance, 401k and bonus opportunity.
BENEFITS
We realize that our employees are instrumental to our success, and we reward them accordingly with very competitive compensation and benefits packages, an incentive bonus program, as well as recognition and awards programs. Our work environment is friendly and supportive, and we offer flexible schedules whenever possible, as well as a wide range of live and web-based professional development and educational programs to prepare you for advancement opportunities.
We realize that our employees are instrumental to our success, and we reward them accordingly with very competitive compensation and benefits packages, an incentive bonus program, as well as recognition and awards programs. Our work environment is friendly and supportive, and we offer flexible schedules whenever possible, as well as a wide range of live and web-based professional development and educational programs to prepare you for advancement opportunities.
Your benefits will include:
* Medical (PPO & HDHP), dental and vision coverage
* Pre-tax Savings Account (FSA & HSA)
* Life & Disability Insurance
* Paid Parental Leave
* 401(k) company match
* Employee Stock Purchase Plan
* Generous Paid Time Off -- accrued based on years of service
o WA Candidates: the accrual rate is 4.61 hours every other week for the first two years of tenure before increasing with additional years of service
* 10 paid company holidays
* Tuition reimbursement
* Employee Assistance Program
* Sick time benefits -- for eligible employees, one hour of sick time for every 30 hours worked, up to a maximum accrual of 40 hours per calendar year, unless the laws of the state in which the employee is located provide for more generous sick time benefits
* Medical (PPO & HDHP), dental and vision coverage
* Pre-tax Savings Account (FSA & HSA)
* Life & Disability Insurance
* Paid Parental Leave
* 401(k) company match
* Employee Stock Purchase Plan
* Generous Paid Time Off -- accrued based on years of service
o WA Candidates: the accrual rate is 4.61 hours every other week for the first two years of tenure before increasing with additional years of service
* 10 paid company holidays
* Tuition reimbursement
* Employee Assistance Program
* Sick time benefits -- for eligible employees, one hour of sick time for every 30 hours worked, up to a maximum accrual of 40 hours per calendar year, unless the laws of the state in which the employee is located provide for more generous sick time benefits
EEO STATEMENT
Claritev is an Equal Opportunity Employer and complies with all applicable laws and regulations. Qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability or protected veteran status. If you would like more information on your EEO rights under the law, please click here.
Claritev is an Equal Opportunity Employer and complies with all applicable laws and regulations. Qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability or protected veteran status. If you would like more information on your EEO rights under the law, please click here.
APPLICATION DEADLINE
We will generally accept applications for at least 5 business days from the posting date or as long as the job remains posted.
We will generally accept applications for at least 5 business days from the posting date or as long as the job remains posted.
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The Company
What We Do
Claritev is an independent and public healthcare technology, data and insights company making healthcare more transparent, fair and affordable for all. We work across the healthcare value chain to expose imbalanced and inefficient pricing practices. Led by deeply experienced analysts, negotiators and innovators, Claritev provides tech-enabled solutions and services fueled by proprietary data from over 40 years of experience. Today, along with machine learning and AI, we utilize a robust enterprise platform to deliver price transparency, improve payment accuracy, and drive more meaningful analytics and decision-making.
Through Claritev, providers are able to make data-enabled decisions to optimize their service offerings, market position and ultimately deliver high-quality care. Payors and third-party administrators can deliver greater flexibility and value to plan sponsors. Employers can drive cost-efficient benefit design and patients can finally afford the care they need.
By focusing on customized solutions that that improve transparency, affordability and quality for all key players, we’re igniting a more competitive marketplace — one that lowers overall costs while improving quality. Claritev brings the transparency our nation needs to see its way to a better healthcare system.
