Aetna SR Director, Finance (Medicaid Plan CFO) - 50616BR in Richmond, Virginia

Req ID: 50616BR


SR Director, Finance (Medicaid Plan CFO) located in our Richmond VA office is responsible for leading a team which manages all the finance functions for the renewed RFP for Aetna Medicaid Business in Virginia. This position is a key member of the local management team and is responsible for local, regional as well as state contract financial reporting, analysis and compliance. The optimal candidate will have a solid accounting, financial forecasting/budgeting, financial discipline and knowledge of medical economics. The Director, Finance will be responsible to implement various management processes for driving best practices within functions of responsibility leveraging experience within the broader Medicaid finance business unit.

Fundamental Components:

Primary Focus:

*Accountable for day-day management of financial operations as well as monitoring/ reporting the related business goals and objectives.

*Key member and advisor for local management team leaders as well as Regionals and Segment leadership

*Ensure that local business operates effectively, with sound financial analysis, financial reporting as well as appropriate financial and operating controls.

*Direct the monthly financial close and preparation, review and reconciliation of financial statements and communicate of related information to local as well as segment management.

*Solid accounting, financial forecasting/budgeting, financial discipline and knowledge of medical economics.

*Provide analysis and support for developing ideas, programs and provide assistance and guidance with local SAI process.

*Ongoing interaction with actuary, tax, statutory and other Aetna departments.

Oversight would include:

*Lead and develop a team of 4 FTEs currently overseeing financials across 3 separate lines of business.

*Interaction with senior finance and business executives to provide periodic updates and guidance.

*Provide continuous feedback on ability to achieve financial commitments and work with businesses to identify and execute local as well as segment goals.

*Communicate and present monthly financial reviews, quarterly forecast updates and annual operating planning/ budgeting as well as financial planning and analysis processes


*8+ years significant/pertinent accounting/financial experience; knowledge of healthcare, managed care, insurance or financial services

*Extensive experience in healthcare and managed care insurance, preferably in Government Services (Medicaid/Medicare).

*Prior management experience overseeing other management teams

*Long Term Care experience is a plus

*DSNP experience is a plus


Bachelor's degree or equivalent experience.


Functional - Finance/Financial analysis - P&L support/4-6 Years

Functional - Finance/Financial analysis - closing, planning, forecasting processes/7-10 Years

Functional - Finance/Business development/4-6 Years


Finance/Profit and Quality Vigilance/ADVANCED

Leadership/Collaborating for Results/MASTERY


Leadership/Creating a World Class Workforce/ADVANCED

Leadership/Developing and Executing Strategy/ADVANCED

Leadership/Driving Change/MASTERY



This is a key leadership role at a local MCD Plan. The candidate will be able to get involved in all aspects of the business, from finance, to planning to operations. In this position the candidate will see all aspects of a health care business and will not be limited or siloed to just a reporting / budgeting process. This role is a great training ground for a future financial leader either at Aetna or outside of the company. In this role your opinion matters. The local management team will look to this person for leadership and guidance. This is a real business leader role. This role also will need to interact with actuary, med econ and other Aetna Departments. In addition the role will expose the candidate to the RFP ( Proposal) process as well as interaction with the State Medicaid Department.

Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.

We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.

Together we will empower people to live healthier lives.

Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.

We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.

Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.

Job Function: Financial Services