Financial Transformation Director

Reposted 3 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
181K-237K Annually
Senior level
Healthtech • Insurance
The Role
The Director of Finance Transformation leads strategic initiatives to optimize financial processes, ensuring accountability, compliance, and integration of transformation efforts across the organization.
Summary Generated by Built In

Hi, we're Oscar. We're hiring a Director to join our Finance Transformation team.

Oscar is the first health insurance company built around a full stack technology platform and a relentless focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselves—one that behaves like a doctor in the family.

About the role:

The Director, Finance Transformation is a senior leadership role responsible for defining and spearheading the long-term strategic roadmap for finance processes, systems, and performance across the organization. This role will be accountable for the overall vision, governance, and successful integration of transformation efforts into the company's broader financial health. This role involves high-level strategic planning, senior stakeholder influence, and building a high-performing team to deliver scalable financial infrastructure.

You will report into the Chief Accounting Officer.

Work Location: This position is based in our New York City office, requiring a hybrid work schedule with 3 days of in-office work per week. Thursdays are a required in-office day for team meetings and events, while your other two office days are flexible to suit your schedule. #LI-Hybrid

Pay Transparency: The base pay for this role is: $180,504- $236,911 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants, and annual performance bonuses.

Responsibilities:

  • Define and own the multi-year Finance Transformation roadmap, ensuring it scales with organizational growth and aligns with enterprise-level financial objectives.
  • Act as a key advisor to the CFO and senior leadership, driving alignment across IT, Operations, and Business Units to ensure transformation efforts support overall company strategy.
  • Lead the design and implementation of global Target Operating Models (TOM) to optimize large-scale operations and drive long-term performance improvements.
  • Oversee comprehensive, organization-wide change management strategies, ensuring the Finance function and broader business units adapt successfully to new systems and processes.
  • Accountable for the successful delivery of a portfolio of transformation projects, including budget approval, resource allocation, and ROI tracking.
  • Establish and enforce standards for financial process optimization and efficiency, ensuring all improvements meet regulatory and internal policy requirements.
  • Maintain ultimate accountability for compliance with all applicable laws, regulations, and internal audit requirements within the transformation scope.
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Requirements:

  • 10+ years of professional experience in finance, accounting, or business strategy
  • Bachelor's degree in finance, accounting, or business administration
  • 8+ years of experience in project and portfolio management, specifically leading large-scale finance transformation programs.
  • 5+ years of experience leading complex financial systems implementations (e.g., Workday Financials) and applying advanced change management principles.

Bonus points:

  • Master's degree in finance, accounting or business strategy; or MBA strongly preferred
  • Extensive experience leading and developing high-performing teams and working collaboratively across an executive suite.
  • Proven track record in a senior position within a health insurance or highly regulated environment.
  • Workday Financial training certifications and experience with global, multi-entity implementations

This is an authentic Oscar Health job opportunity. Learn more about how you can safeguard yourself from recruitment fraud here

At Oscar, being an Equal Opportunity Employer means more than upholding discrimination-free hiring practices. It means that we cultivate an environment where people can be their most authentic selves and find both belonging and support. We're on a mission to change health care -- an experience made whole by our unique backgrounds and perspectives.

Pay Transparency:  Final offer amounts, within the base pay set forth above, are determined by factors including your relevant skills, education, and experience. Full-time employees are eligible for benefits including: medical, dental, and vision benefits, 11 paid holidays, paid sick time, paid parental leave, 401(k) plan participation, life and disability insurance, and paid wellness time and reimbursements.

Artificial Intelligence (AI): Our AI Guidelines outline the acceptable use of artificial intelligence for candidates and detail how we use AI to support our recruiting efforts.

Reasonable Accommodation: Oscar applicants are considered solely based on their qualifications, without regard to applicant’s disability or need for accommodation. Any Oscar applicant who requires reasonable accommodations during the application process should contact the Oscar Benefits Team ([email protected]) to make the need for an accommodation known.

California Residents: For information about our collection, use, and disclosure of applicants’ personal information as well as applicants’ rights over their personal information, please see our Privacy Policy.

Skills Required

  • 10+ years of professional experience in finance, accounting, or business strategy
  • Bachelor's degree in finance, accounting, or business administration
  • 8+ years of experience in project and portfolio management
  • 5+ years of experience leading complex financial systems implementations
  • Master's degree in finance, accounting, business strategy; or MBA
  • Workday Financial training certifications and experience with global implementations

Oscar Health Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Oscar Health and has not been reviewed or approved by Oscar Health.

  • Healthcare Strength Employer-sponsored medical coverage for employees and their families with mental-health support is prominently offered. Wellness programming and digital care access add to perceived strength.
  • Parental & Family Support Paid parental leave of 10+ weeks, backup care, and family-forming support (including fertility and adoption benefits) are part of the package. Reproductive‑loss leave is also noted.
  • Leave & Time Off Breadth Multiple time‑off options, wellness days, and an unlimited vacation program for some roles are described. Paid holidays, paid sick time, and a long‑tenure sabbatical broaden time‑away choices.

Oscar Health Insights

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The Company
Marina Del Rey, CA
2,200 Employees
Year Founded: 2012

What We Do

Health care is broken; we're trying to fix it. The Oscar team is focused on utilizing technology, design and data to humanize health care. We're a group of technology and health care professionals who looked at the current state of the US health care system, got frustrated by the horrible consumer experience, and decided to do something big about it. Backed by a renowned set of investors and advisors, we’ve set out to revolutionize health care.

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