VP CFO - IT Operations

IndustryClevel, Executive, Operations, IT, Finance, Manager, 100kPosted onMay 30, 2023Valid ThroughSep 12, 2023ProfileDescriptionThe Technology Chief Financial Officer (Tech CFO) is responsible for financial leadership of Humana's global Tech operations, including strategy and execution from new project prioritization and planning to ongoing operational run-the-business items for all the Tech spend, supporting the $90 billion enterprise revenue. This role touches every part of the business and is viewed as a terrific entry point that will ignite advancement opportunities beyond the initial role.ResponsibilitiesThe role ensures the Tech Finance function provides strategic thought partnership on current year and future year financial impacts of decision-making options. The individual will play an integral role in annual prioritization processes that influence $1B in spending aimed at supporting the long-term strategy of the organization as well as the growth ambitions of the business units while ensuring a strong foundation of systems and core infrastructure. The magnitude of the role is heightened by the current technological transformation of the company, both in terms of the prominence that technology is playing and in the nature of the technology used (e.g., shifting more towards cloud-based infrastructure). This position is responsible for identifying key business and financial trends and developing action plans to position the company and its business units for effective cost management and efficiency. The Tech CFO will be critical to ensure the Tech Finance function is a true partner to the business units and multiple stakeholders.Specifically, the Tech CFO will:Lead a team of 45 to drive outcomes and accountability for the $3B enterprise IT budget, delivering results and insights balancing short-term and long-term financial planning and growth opportunities.Serve as a strategy enabler/thought partner to the business around new initiatives and their impact.Partner with the businesses to understand the controllable levers of IT spending and the value associated with them (contractor and associate rate mix, drop-down costs, cloud transition cost/benefit analysis).Identify and drive value-added, business-building, productivity, and cost-saving initiatives.Partner closely with key internal partners to drive better cost & spending planning and value/benefits from the spending.Prepare and present to CIO on a weekly basis on trends and issues, as well as to the Humana CFO and broader Management Team on monthly, quarterly, and annual financials, leading discussions on business and financial results.Produce KPI and balanced scorecard reports.Provide financial insights of the businesses in support of segment ambitions around ROIC targets, pre-tax targets, underwriting margin targets, and admin improvement targets.Drive executive-level conversations with the Management Team during strategic prioritization discussions in deep partnership with the corporate strategy team.Serve as a key partner to drive decisions and facilitate trade-offs on the Tech prioritization process and related budget.Establish key relationships with executives and develop operational and capital budgets, ensuring timely review of actual performance against approved budgets with emphasis on identifying and recommending performance improvements where necessary.Verify and analyze financial information, technology trends, and economic indicators to provide senior management with accurate and timely information for strategic and operational decision-making.Ensure appropriate internal controls and safeguards of company assets are in place and working.Provide oversight and leadership of the Tech contract review team, responsible for validating complex and technically nuanced multi-year contracts.Ensure accuracy, thoroughness, and integrity throughout the financial Tech organization.Required Qualifications15 years' progressive financial leadership experience with teams greater than 20 FTEs. Hands-on financial experience in a large-cap operational/business partnering finance capacity, ideally including ownership of corporate functional budgets, such as Technology. Functional accounting experience such as cost accounting, financial planning and analysis, and/or public accounting is valuable. Experience in a global finance function or P&L in a Fortune 50 global company. Led through a technology transformation/public cloud migration—managing investments in new capabilities, data and application transition costs. History in changing the cost allocation model for a large, complex organization. Strong ability to connect the dots and drive storytelling, presenting insights to aid in understanding and decision-making. Ability to anticipate questions/issues and help 'look around the corner'. Strong bias for change and ability to drive change. Exceptional interpersonal skills, business savvy, and passion for creating the new and different by simplifying, standardizing, and automating. A creative, critical thinker with the ability to lead, inspire, and develop a team. An undergraduate degree in a relevant discipline.Preferred QualificationsCPA/MBA. Preferred location: DC, Boston, Northeast.Additional InformationScheduled Weekly Hours: 40Humana complies with all applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity, or religion. We also provide free language interpreter services. See our

accessibility resources .Humana Inc.Website:

http://www.humana.com

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