Highmark Health · 1 month ago
Director Enterprise Capital Planning and Financial Strategy
Pittsburgh, PA
Full-time
Onsite
Director/Executive
7+ years expHighmark Health is a leading healthcare organization that is seeking a Director of Enterprise Capital Planning and Financial Strategy. This role provides strategic direction and leadership on integrated economic and capital planning initiatives throughout the Enterprise, while advising Senior Executives on capital spend and financial impacts of strategic initiatives.
Health CareHospital
Responsibilities
Perform management responsibilities to include, but are not limited to involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity. Plan, organize, staff, direct and control the day-to-day operations of the department; develop and implement policies and programs as necessary; may have budgetary responsibility and authority
Interact with a wide array of internal and external stakeholders at all levels of the organization up to the Enterprise CFO, including the operational and financial leaders of each business unit, to coordinate integrated economic analyses, prioritize corporate initiatives within capital capacity, enable alignment with strategic goals and objectives, coordinate the executive and Enterprise Capital Committee reviews, and present business case / financial modeling findings to VP, Enterprise Finance Strategy, Senior VP, Finance and Enterprise CFO
Direct integrated economic models for the combined Highmark Health enterprise and communicate results of strategic impact analyses to senior management. These integrated economic models include scenario modelling and other integrated economic exercises that arise around potential changes in reimbursement rates, member volumes, or other financial metrics associated with strategic initiatives and the financial plan. The incumbent is responsible for coordinating the completion of the strategic scenarios, analyzing the results, suggesting alternative approaches and presenting them to varying levels of senior management for approval. These integrated economic models, specifically the scenario modeling, serve as an input to the Highmark Health strategic and financial plan
Direct the end-to-end program to support the Enterprise Strategic Initiative Roadmap, drive prioritized vetting of business cases for the Enterprise Capital Committee, and communicate results to senior management. Specifically, lead efforts around business case development, capital / operating expense deployment across Highmark Health's footprint to support strategic initiative prioritization and capital plan development. This accountability includes gathering information on new / existing initiatives, managing the financial planning process, and prioritizing the list of initiatives on a quarterly basis in conjunction with business performance. Also oversee the monthly tracking and reporting of initiative financial progress across the Enterprise and actively manage capital capacity boundaries. Report results and strategic initiative plans to the Enterprise CFO and executive leadership, and incorporate into annual financial plan for the Board of Directors. Achieving these accountabilities requires partnership with executive management throughout the organization (Presidents, CFOs and financial/operational EVPs and SVPs) to align on strategic priorities and report initiative progress and outcomes. Also continually evaluate the performance of the financial modeling tools / software, and to direct changes, as necessary
Lead the planning of financial commitments between Highmark Inc. and other internal entities in partnership with Accounting, while monitoring cash availability / transfers by business unit in partnership with Treasury. These accountabilities drive the enterprise governance of the financial management process
Prepare and present financial (business case) analysis of corporate initiatives to senior management for use in the strategic planning process and daily management of the business activities of the Corporation. This accountability involves working with the business owners (SVPs and VPs) of the corporate strategic initiatives to obtain the data necessary to complete analysis of expenditures, cash flows, and return and risk to the Corporation associated with each initiative, and presenting findings. Also prepare postmortem analysis on launched initiatives in order to evaluate performance in partnership with Treasury and related business units
Drive and own the Enterprise Capital Committee executive process including review of business cases, approval of the initiatives, regular updates on the Enterprise Strategic Initiative Roadmap, and enforcing governance policies as needed within the roadmap and related activities
Direct the monthly reporting of the provider partner/affiliate results to executive management, including the Highmark Health EVPs, CFO and Finance SVP/VP. Manage the integration of affiliate budgets and forecasts into the Enterprise financial plan. Track, forecast, evaluate, and escalate capital needs, affiliate performance challenges or opportunities, and business case outcomes to executive management
Other duties as assigned
Qualification
Required
Bachelor's Degree in Economics, Business Administration, Business Management, Finance, Accounting, Health Administration or related field, or relevant experience and/or education as determined by the company in lieu of bachelor's degree
7 years in Finance and Accounting
5 years in a management or leadership role, including 1 year of managing people
3 years of Client Management
Financial Forecasting and Modeling
Financial Reporting
Financial Risk Management
Change Management
Communication Skills
Presentation Development
Presentation Delivery
Preferred
Master's Degree in Economics, Business Administration/Management, Finance, Accounting, Health Administration or related field
3 years in the Healthcare Industry
3 years of Capital Planning
1 year in a Actuarial or Risk Management role
Company
Highmark Health
Highmark Health is an integrated health care delivery and financing network.
10001+ employees
H1B Sponsorship
Highmark Health has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (38)
2024 (34)
2023 (55)
2022 (75)
2021 (54)
2020 (58)
Funding
Current Stage
Late StageTotal Funding
$6.75MKey Investors
Henry L. Hillman FoundationRichard King Mellon Foundation
2025-06-11Grant· $1.75M
2021-05-10Grant· $5M
Leadership Team
David Holmberg
President and Chief Executive Officer
Karen Hanlon
Executive Vice President, Chief Operating Officer
Recent News
Seattle TechFlash
2025-12-29
Company data provided by crunchbase