Senior Analyst, FP&A Operations

Posted 11 Hours Ago
Easy Apply
2 Locations
Mid level
Artificial Intelligence • Healthtech • Telehealth
Our mission: eliminating every barrier to mental health.
The Role
The Senior Analyst will oversee financial operations reporting, assist in budgeting and forecasting, and support variance analysis for the FP&A operations. This role includes managing vendor spend planning, driving strategic financial analysis, and enhancing financial reporting processes, all while collaborating with cross-functional teams.
Summary Generated by Built In
Our mission: to eliminate every barrier to mental health.

At Spring Health, we’re on a mission to revolutionize mental healthcare by removing every barrier that prevents people from getting the help they need, when they need it. Our clinically validated technology, Precision Mental Healthcare, empowers us to deliver the right care at the right time—whether it’s therapy, coaching, medication, or beyond—tailored to each individual’s needs.

We proudly partner with over 450 companies, from startups to multinational Fortune 500 corporations, as a leading provider of mental health service, providing care for 10 million people. Our clients include brands you use and know like Microsoft, Target, J.P. Morgan Chase, and Delta Airlines, all of whom trust us to deliver best-in-class outcomes for their employees globally. With our innovative platform, we’ve been able to generate a net positive ROI for employers and we are the only company in our category to earn external validation of net savings for customers.

We have raised capital from prominent investors including Generation Investment, Kinnevik, Tiger Global, William K Warren Foundation, Northzone, RRE Ventures, and many more. Thanks to their partnership and our latest Series E Funding, our current valuation has reached $3.3 billion. We’re just getting started—join us on our journey to make mental healthcare accessible to everyone, everywhere.

Reporting to the Senior Finance Manager, FP&A, the Sr Analyst will play a crucial role in shaping the FP&A organization and our processes as we scale!  This is an exceptional opportunity for a young financial professional to work cross functionally across the entire organization, gain leadership exposure, and help drive strategic decisions. The role will be pivotal to the future of the finance and operations organizations as it helps define the playbook and processes for forecasting, reporting, and strategic analysis. 

Note: This is a Full Time role, with a hybrid work environment, that is based in New York City. This role will not require travel

What you’ll be doing:
FP&A:

  • Lead Operations Reporting: Own the weekly provider cost reporting and monthly OPEX reporting for the Operations team, ensuring accurate and timely financial reporting.
  • Budgeting & Forecasting: Assist in the preparation of annual budgets, quarterly forecasts, and three-year planning for the Operations team and select lines of business, ensuring alignment with strategic objectives.
  • Business Variance Analysis (BVA): Support the BVA process by comparing forecasts for COGS, Gross Margin, and OPEX to actual performance at the department and customer levels, identifying key drivers of variance and recommending corrective actions.
  • Vendor Spend Planning: Manage the third-party vendor planning process, collaborating closely with Operations leadership to ensure spend alignment with strategic goals and operational efficiency.
  • Cross-functional Collaboration: Work closely with the Operations team to provide real-time financial insights and ensure accurate cost assumptions, fostering transparency across stakeholders.
  • Business Process Improvement: Serve as a business leader in driving operational efficiency by identifying and implementing improvements to business practices and financial processes.

Strategic Analysis:

  • Strategic Planning Support: Lead end-to-end financial analysis for strategic planning, focusing on headcount, third-party spend, and investment opportunities to support business growth and profitability.
  • Financial Modeling & Scenario Analysis: Develop detailed, scenario-based financial models to evaluate investment priorities, assess risks, and recommend actionable alternatives to guide decision-making.
  • KPI & Metric Management: Partner with business leaders to define, measure, and optimize key performance indicators (KPIs), SaaS metrics, and unit economics, with a particular focus on operating efficiencies.
  • Management Reporting: Prepare, evolve and automate weekly, monthly, and quarterly financial reports to provide actionable insights for the Operations team and senior management, enabling data-driven decision-making.

What success looks like in this role: 

  • Budgeting and Forecasting Accuracy: Financial results are within 5% (+/-) of the budgeted and forecasted amounts
  • Timely Reporting: Results are delivered to business partners within 1 day of the accounting close
  • Accurate Modeling: Build and continuously improve financial models within agreed upon timelines to aid in business decisions and strategic planning.

What we expect from you:

  • 3-4 yrs experience in total (Investment Banking, Corporate Finance, FP&A)
  • B2B2C, marketplace, or B2B SaaS (subscription business)
  • Superior excel and presentation building skills (building forecast models)
  • Exceptional communication and interpersonal skills with proven success partnering and collaborating across a wide spectrum of functions
  • Calm under pressure, moves quickly, ability to work with unknowns and translate data into conclusions
  • Working knowledge of Salesforce, Netsuite, Looker, Pigment a plus
  • Ability to work with Python, R, or SQL a plus
  • Embodies company values

The target base salary range for this position is $110,400 - $138,000, and is part of a competitive total rewards package including stock options and benefits. Individual pay may vary from the target range and is determined by a number of factors including experience, location, internal pay equity, and other relevant business considerations. We review all employee pay and compensation programs annually using Radford Global Compensation Database at minimum to ensure competitive and fair pay. 

Benefits provided by Spring Health:

Note: We have even more benefits than listed here and below, your recruiter will provide more in-depth information as you continue in the interview process. Benefits are subject to individual plan requirements and eligibility criteria.

  • Health, Dental, Vision benefits start on your first day at Spring. You and your dependents also receive access to One Medical accounts HSA and FSA plans are also available, with Spring contributing up to $1K for HSAs, depending on your plan type.
  • Employer sponsored 401(k) match of up to 2% for retirement planning
  • A yearly allotment of no cost visits to the Spring Health network of therapists, coaches, and medication management providers for you and your dependents.
  • We offer competitive paid time off policies including vacation, sick leave and company holidays.
  • We offer parental leave up to 18 weeks, depending on your eligibility including tenure and medical situation.
  • Access to Noom, a weight management program—based in psychology, that’s tailored to your unique needs and goals. 
  • Access to fertility care support through Carrot, in addition to $4,000 reimbursement for related fertility expenses.
  • Access to Wellhub,  which connects employees to the best options for fitness, mindfulness, nutrition, and sleep in one subscription
  • Access to BrightHorizons, which provides sponsored child care, back-up care, and elder care
  • Up to $1,000 Professional Development Reimbursement a year.
  • $200 per year donation matching to support your favorite causes.

Don’t meet every requirement? Studies have shown that women, communities of color and historically underrepresented talent are less likely to apply to jobs unless they meet every single qualification. At Spring Health we are dedicated to building a diverse, inclusive and authentic workplace

To ensure intentional and equitable hiring practices, we use a balanced candidate slate in our interviews. This approach guarantees that our pool of qualified candidates includes individuals who are underrepresented in our organization at all levels. This is a key performance indicator (KPI) for our recruiting and hiring teams, reported quarterly to maintain accountability.

Ready to do the most impactful work of your life? Learn more about our values, what it’s like to work here, and how hypergrowth meets impact at Spring Health: Our Values


Our privacy policy: https://springhealth.com/privacy-policy/

Spring Health is proud to be an equal opportunity employer. We do not discriminate in hiring or any employment decision based on race, color, religion, national origin, age, sex, marital status, ancestry, disability, genetic information, veteran status, gender identity or expression, sexual orientation, pregnancy, or other applicable legally protected characteristic. We also consider qualified applicants regardless of criminal histories, consistent with applicable legal requirements. Spring Health is also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you have a disability or special need that requires accommodation, please let us know.

Top Skills

Python
R
SQL

What the Team is Saying

Sarah
Sandra Rios-Monsante
Ankit Pathak
Jon Immel
Alyssa
Laura
April Koh
The Company
HQ: New York, NY
1,300 Employees
Hybrid Workplace
Year Founded: 2016

What We Do

Life is stressful enough; finding, scheduling, and accessing diverse and quality mental healthcare shouldn't be. Spring Health equips employers and health insurers across the globe to make mental health accessible and achievable.

We use clinically validated AI technology, called Precision Mental Healthcare, to deliver optimal care — from meditation, coaching, therapy, medication, or a combination of all four — to our members. This technology isn't just for our members, but also for our more than 10,000 Providers to be empowered with data and insights to help members get the care they need faster.

Founded eight years ago to address the urgent global mental health crisis, Spring Health’s grown to cover more than 10 million lives through 450 employers, strategic payer relationships, and 27,000 groups that access the Spring Health through a channel partner.

We support employees at global brands like Microsoft, Target, J.P. Morgan Chase and Delta Airlines to deliver best-in-class outcomes for employees and a net positive ROI for employers. Last year, the company became the first and only company in its category to earn external validation of net savings for customers.

Why Work With Us

Our team is dedicated to revolutionizing mental healthcare. We stand by our values and are advocates for our members and team members. Together, we're building solutions with an intensity and focus that has been needed for decades. If you're a builder, come build the future of mental health with us.

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Spring Health Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

At Spring Health, 60% of our team members work remotely. If you're in NYC, you have the opportunity to work in the office, but it's not required.

Typical time on-site: Not Specified
HQNew York, NY
Spring Health has signed a lease for about 30,000 square feet at the Moinian Group’s 60 Madison Avenue. The seven-year deal encompasses the entire second and most of the third floor at the property, which faces Madison Square Park in Nomad.

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