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Manager, FP&A

SmithRx is a fast-growing Health-Tech firm focused on revolutionizing Pharmacy Benefit Management through innovative technology and cost-saving tools. We are looking for a dedicated FP&A Manager to lead financial planning and analysis while driving strategic initiatives.

Skills

  • Financial modeling
  • Team leadership
  • Excellent communication
  • Analytical skills
  • Proficiency in Excel

Responsibilities

  • Manage annual budgeting, forecasting, and financial planning processes
  • Develop complex financial models to support decision-making
  • Analyze key performance metrics for operational outcomes
  • Collaborate cross-functionally to align financial plans with strategic objectives
  • Produce monthly/quarterly reports for senior leadership

Education

  • Bachelor’s degree in Finance, Accounting, or related discipline

Benefits

  • Medical, Pharmacy, Dental, Vision, and Life Insurance
  • 401(k) Retirement Savings Program
  • Discretionary Paid Time Off
  • Paid Parental Leave
  • Professional development opportunities
To read the complete job description, please click on the ‘Apply’ button
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CEO of SmithRx
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Jake Frenz
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Average salary estimate

$110000 / YEARLY (est.)
min
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$90000K
$130000K

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What You Should Know About Manager, FP&A , SmithRx

At SmithRx, we're on a mission to revolutionize the Pharmacy Benefit Management (PBM) sector with our cutting-edge technology and outstanding customer service. We're seeking a skilled FP&A Manager to join our remote team and take charge of our financial planning and analysis. In this pivotal role, you'll manage our budgeting, forecasting, and financial processes, ensuring we make informed decisions that align with our strategic goals. You'll develop complex financial models and analyze key performance metrics to drive effective solutions across the organization. Collaborating with cross-functional teams, you'll play a crucial part in delivering insightful reports to senior leadership and the board. If you're someone who thrives in a dynamic environment and loves tackling ambiguous challenges, this is the role for you! As a leader, you'll mentor and guide our talented FP&A team while continually seeking ways to optimize our financial goals. Join us at SmithRx where you can make a significant impact and help drive growth in a company that values integrity, courage, and teamwork. Bring your expertise in finance, especially if you have a knack for tech-enabled business models. We believe in rewarding our team with comprehensive wellness benefits, professional development opportunities, and a collaborative culture where everyone has a voice. If you're excited about transforming the healthcare landscape alongside us, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Manager, FP&A Role at SmithRx
What are the primary responsibilities of the FP&A Manager at SmithRx?

The FP&A Manager at SmithRx is responsible for overseeing the annual budgeting, forecasting, and long-range financial planning processes. This role includes developing complex financial models, tracking key performance metrics, and collaborating with cross-functional teams to align financial plans with the company’s strategic objectives. You will also produce monthly and quarterly reports for senior leadership and assist with strategic initiatives such as fundraising.

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What qualifications are needed for the FP&A Manager position at SmithRx?

To qualify for the FP&A Manager position at SmithRx, candidates must hold a Bachelor’s degree in Finance, Accounting, Economics, or a related field. Additionally, at least 5 years of experience in FP&A or strategic finance is required, including 2 years in a management role. Strong skills in financial modeling, communication, and knowledge of accounting principles are essential to succeed in this position.

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What skills are important for a successful FP&A Manager at SmithRx?

Key skills for a successful FP&A Manager at SmithRx include proficiency in Microsoft Excel and financial modeling, strong leadership abilities, excellent communication and storytelling skills, and a commercial mindset that connects financial metrics to business outcomes. Familiarity with healthcare or health-tech industries is beneficial, and candidates should be comfortable navigating ambiguous situations.

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How does the FP&A Manager support SmithRx’s growth?

The FP&A Manager plays a critical role in supporting SmithRx's growth by providing critical financial insights that inform decision-making. Through detailed budgeting and forecasting, the FP&A Manager helps optimize financial performance and aligns strategic initiatives with operational goals, directly contributing to initiatives aimed at enhancing profitability and market expansion.

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What benefits does SmithRx offer to the FP&A Manager?

SmithRx offers a competitive benefits package for the FP&A Manager role, including medical, dental, and vision insurance, a 401(k) retirement savings program, paid time off, and wellness benefits. The company also provides professional development opportunities and a collaborative work culture designed to support employee growth and well-being.

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Common Interview Questions for Manager, FP&A
Can you describe your experience with financial modeling?

When answering this question, highlight specific financial models you've developed in previous roles. Discuss the purpose of these models and the impact they had on decision-making. Be prepared to explain the complexity of the models, the data you used, and any tools or software that facilitated your work.

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How do you prioritize tasks when managing multiple financial projects?

To successfully manage multiple projects, explain your method for prioritizing tasks based on deadlines, stakeholder needs, and strategic importance. Provide examples of how you’ve balanced competing priorities in the past and the tools you use to stay organized, such as project management software or techniques.

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What strategies do you use to analyze financial performance?

Discuss your analytical strategies, such as leveraging key performance indicators (KPIs), conducting variance analysis, and employing trend analysis techniques. Demonstrate how you've used data to drive insights and inform strategic decisions in your previous roles.

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How would you explain financial results to non-financial stakeholders?

When addressing this question, emphasize your communication skills. Describe how you tailor your explanations based on the audience's level of financial knowledge. Use storytelling techniques to make financial data relatable and ensure stakeholders understand its implications on the business.

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What experience do you have with budgeting and forecasting?

Detail your experience in budgeting and forecasting processes, including specific methodologies you've used (e.g., zero-based budgeting, rolling forecasts). Highlight how your contributions impacted financial planning and overall company performance.

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Can you provide an example of a strategic initiative you supported?

Share a specific example of a strategic initiative you were involved in, detailing your role and the outcomes achieved. Focus on how your financial insights influenced decision-making and contributed to the initiative's success.

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How do you ensure accuracy in your financial reports?

Explain the steps you take to ensure accuracy, such as cross-referencing data, thorough reviews, and leveraging technology for validation. Discuss how you build a culture of accountability within your team to uphold accuracy in financial reporting.

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How do you approach teamwork in financial planning?

Discuss your collaborative approach when working with cross-functional teams. Provide examples of how you've fostered strong relationships and communication with other departments to align financial plans with business objectives.

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What tools have you used for FP&A activities?

Highlight the financial planning tools and software you are proficient in, such as Excel, specific FP&A software, or business intelligence tools. Describe how you've utilized these tools to enhance productivity and data analysis in your previous roles.

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What do you see as the biggest challenges facing FP&A today?

Articulate your perspectives on current challenges in the FP&A field, such as rapidly changing market conditions, data accuracy, and the need for real-time reporting. Discuss how you would adapt to these challenges and improve FP&A processes at SmithRx.

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Our mission at SmithRx is to reduce pharmacy costs for America’s employers and patients. Dysfunctional PBMs are the prime source of inflated pharmacy costs, and we seek to achieve our mission by reimagining the PBM as a Drug Acquisition Platform ...

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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$90,000/yr - $130,000/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
April 15, 2025

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