Skip to Main Content

Kaiser Permanente Careers

Accounting, Actuarial & Finance

Support the Bottom Line — and the Big Picture

Create the financial strategies that affect our patients, medical centers, and future. On this team, you'll provide the strategy recommendations that drive operational and process improvement, as well as face challenging opportunities to influence the future of health care.

Vice President and Chief Financial Officer, Mid-Atlantic States (MAS)

Location: Rockville, MD Additional Locations:
Job Number: 819482 Date posted: 09/05/2019

The Vice President and Chief Financial Officer (CFO) is responsible for the oversight of the financial health and viability of our business and ensuring that financial resources are aligned with the strategic plan of the region. As a partner with the Executive leadership of the Region, the CFO plays a key role in business decisions to maximize the value of our financial resources and community investments. She/he participates in determining our strategic direction and competitive position in our regional markets and shapes the business by tracking progress and forecasting outcomes of operations compared to planned objectives. The CFO is also a major contributor to the financial leadership team across the Program. In brief the CFO assumes three types of roles: Strategic leadership, i.e. using creative financial and business insight to play a key role in helping the Region identify, evaluate and act upon market opportunities. Core financial operations, i.e. overseeing internal control, accounting process, accounting and financial reporting, financial and insurance transactions, financial risk management, business/financial/systems planning and analysis, financial performance measurement, budgeting/forecasting, decision support, cost structure/cash flow improvements, actuarial estimation and revenue cycle operations. Business -ambassador-, i.e. demonstrating the confidence, business acumen, negotiating, interpersonal and communication skills required to represent the Region in critical business dealings, relationships, and negotiations with critical suppliers, business partners and customers.

Essential Responsibilities:
-  Accounting and Control: Designs effective control processes to track financial performance against expectations, including early -red flags- to identify potential shortfalls.
-  Creates a culture of compliance and financial discipline across the organization.
-  Ensures integrity of measurement and control processes and all financial and reporting statements. Ensures adherence to generally accepted accounting practices, legal, regulatory and fiduciary requirements.
-  Assess effectiveness of the control environment and underlying business fundamentals.
-  Meets filing deadlines and maintains compliance with government regulations.
-  External relationships with regulators in Maryland, Virginia, and Washington DC.
-  Reporting: Reviews and communicates regional performance to key leaders. Continuously forecasts the progress and momentum in key operations against planned objectives.
-  Participates in the development of leveraged systems to meet financial reporting needs of local markets and Program. Ensure the success of these leveraged services by supporting timely and thorough transition of reporting responsibilities.
-  Serves as business liaison for reporting financial data to the Program.
-  Develops communication strategies for Executive Leadership rollup/summaries of MAS financial performance.
-  Planning and Investment Analysis: Oversees financial and cost analysis of planned financial objectives and identifies corrective actions. Partners with key leaders to shift (or maintain) direction.
-  Monitors market environments and competitive positioning of each business unit; identifies opportunities.
-  Evaluates potential capital expenditures for a program of approximately $250m per year.
-  Oversee the Decision Support and Analytics department which complements our care delivery operations.
-  Business Development: Provides technical analytical support to the Region in assessing and developing optimal financial agreements. Builds the capability to work with others to screen and evaluate potential business opportunities. Participates in building a business case for new ventures.
-  Strategic Planning: Works with others to develop the strategic direction of business units within the Region.
-  Reviews Region-s short and long range financial planning and budgeting processes, assesses the feasibility of plans, identifies key risks and links these processes to the strategic direction of the business.
-  Evaluates and champions market opportunities that improve cost structure and competitiveness, e.g. new products, business offerings.
-  Responsible for KMSLLC cost management oversight with direct responsibility on or over one or more of the following KMSLLC activities: medical office operations staffing, building acquisition, construction, maintenance and replacement, building and medical supplies, medical equipment, facility and medical equipment leases, budgeting, and monthly provision of financial reporting documents.
-  Information Systems and Shared Services: Needs to be familiar with common business finance IT systems and architecture.
-  Sponsor and manage implementation of major financial system implementations, including conversions to shared service functions.
-  Create and monitor agreements with shared service functions.
-  Corporate/Division Management: Participates in all major business decisions to maximize value of the MAS Region and Program-wide financial resources and community investments.
-  Builds credible and effective relationships with other regional and Program-wide finance leaders to develop best practices.
-  Oversees development and succession planning for future financial leaders for MAS and the Program.
-  Serves as member to other key strategic initiative or program-wide committees that effect financial viability.
-  Financial Risk Management: Ensures optimal revenues, identifies areas for cost/productivity improvements.
-  Initiates discussions and determines impact of financial risk when formulating new or monitoring existing business practices and risk relationships.
-  Assures protection and preservation of existing assets by establishing appropriate internal controls and risk management practices.
-  Financial Transactions Functions: Oversee the effective and efficient functioning of key financial and insurance functions, including claims, AP, member accounting, patient accounting.

Basic Qualifications:
-  Minimum seven (7) years of experience in various financial areas.
-  Minimum eight (8) years of management experience involving diverse financial functions.
-  Bachelor-s degree in accounting or finance.
License, Certification, Registration
-  N/A.

Additional Requirements:
-  Demonstrated track record in providing financial leadership in a complex large sized business. Experience as a financial leader in a senior team.
-  Experience implementing financial controls and reporting systems to improve management capabilities and results for local market and impact within a larger business unit. Knowledge of the application of data processing to various accounting systems.
-  Demonstrated track record of developing and leading high performing teams.
-  Demonstrated ability to negotiate -win-win- situations as it relates to business decisions. Demonstrated ability to manage large, complex financial system conversions.
-  Ability to understand and assess complex market conditions and recommends necessary cost structure improvements or revenue growth opportunities.
-  Must share the values of Kaiser Permanente and its Senior Leadership Team.
-  Ability to build effective partnerships and influence other leaders.
-  Ability to consistently demonstrate integrity, prudence, high energy, initiative, and self-confidence.
-  Familiarity with governmental programs in the health care field, which will affect the financial operations of the business.
-  Dedication to diversity.

Preferred Qualifications:
-  Experience in health care field or managed care environment highly desirable.
-  Master-s degree with a CPA or equivalent work experience preferred.

Primary Location: Maryland,Rockville,Rockville Regional Offices 2101 E. Jefferson St. Scheduled Weekly Hours: 40 Shift: Day Workdays: MON-FRI Working Hours Start: 8AM Working Hours End: 5PM Job Schedule: Full-time Job Type: Standard Employee Status: Regular Employee Group/Union Affiliation: Salaried, Non-Union, Exempt Job Level: Executive/VP Job Category: Accounting, Finance and Actuarial Services Specialty: Finance Department: MAS CFO Travel: Yes, 10 % of the Time Kaiser Permanente is an equal opportunity employer committed to a diverse and inclusive workforce. Applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), age, sexual orientation, national origin, marital status, parental status, ancestry, disability, gender identity, veteran status, genetic information, other distinguishing characteristics of diversity and inclusion, or any other protected status.

External hires must pass a background check/drug screen. Qualified applicants with arrest and/or conviction records will be considered for employment in a manner consistent with federal and state laws, as well as applicable local ordinances, including but not limited to the San Francisco and Los Angeles Fair Chance Ordinances.

About Accounting, Finance, & Actuarial Careers

Accounting Careers

Members of our accounting team support corporate projects and lend insight to areas such as financial reporting, tax planning and preparation, and audit management. This team also includes our audit professionals, who partner with financial and operational groups across the organization to analyze budgets and streamline procedures.

Finance Careers

Supporting critical business functions such as financial services, national Medicare finance, strategic planning, auditing, and corporate finance, our finance professionals develop the strategies that enable us to meet our financial goals.

Actuarial Careers

Applying probability and statistics to the practical problems of insurance, our actuarial team performs a variety of duties, including calculating the cost of premiums and policy values, preparing statistical studies, and forecasting financial results.

Glassdoor Logo

See What People are Saying About Working at KP

Mar 26, 2019

"The best job I have ever had!"

Glassdoor Ratings

Current Employee - Senior Project Manager in Oakland, CA

  • Recommends
  • Positive Outlook
  • Approves of CEO

I have been working at Kaiser Permanente full-time for more than a year


Real focus on creating higher quality, more affordable healthcare. Talented coworkers and great mentors. Fabulous benefits.Full Review

More Kaiser Permanente Ratings & Reviews (5,917)

to Our

Kaiser Permanente has been named one of the 2019 Best Places to Work. Check out what our employees like best about working at KP!

glassdoor 2019 Best Places to Work - Employees' Choice

Our Events

Come introduce yourself to a member of the Kaiser Permanente team at an upcoming career or professional event. We look forward to meeting you in person.

Recently Viewed Jobs

You do not have any recently viewed jobs.

Join Kaiser Permanente's Talent Network

Please fill out the fields below and click "Join Now" to receive information about opportunities that relate to your selections.

Interested InSearch for a category and select one from the list of suggestions. Search for a location and select one from the list of suggestions. Finally, click “Add” to create your job alert.

Interested in internships or early career opportunities? Click here to join our University Talent Network. Are you a Veteran? Click here to join our Military Talent Network.