VP, Financial Planning & Analysis

The VP, Financial Planning & Analysis at Strive Health is responsible for leading financial planning, forecasting, and budgeting processes while ensuring alignment with organizational goals. You’ll develop financial models to support growth initiatives, oversee the preparation of financial reports, manage investor relations, and mentor the FP&A team, all of which contribute to making informed strategic decisions.

To qualify for the VP, Financial Planning & Analysis position at Strive Health, candidates should hold a Bachelor's degree in Finance, Accounting, Economics, or a related field, along with 10+ years of relevant experience in financial planning & analysis, particularly in healthcare finance. An MBA or CPA is preferred, alongside strong communication skills and proficiency in financial modeling and analysis.

The VP, Financial Planning & Analysis plays a vital role in shaping Strive Health’s financial strategy by leading financial planning processes, developing long-term models, and providing actionable insights. This position collaborates closely with executive leadership to evaluate financial implications and offer guidance on investments, partnerships, and business expansion decisions.

Essential skills for a successful VP, Financial Planning & Analysis at Strive Health include expertise in financial modeling, forecasting, and healthcare finance specifics. Additionally, strong leadership, communication, and problem-solving skills, along with an understanding of value-based care models and proficiency in financial systems, are critical for navigating the financial landscape effectively.

The annual base salary range for the VP, Financial Planning & Analysis role at Strive Health is between $173,000 and $225,000, depending on experience and qualifications. Alongside competitive compensation, the position also includes a comprehensive benefits package to support employee well-being.

When discussing your experience in financial modeling, highlight specific projects where you developed models for forecasting or budgeting. Explain the methodologies you used, any software tools involved, and the impact your models had on business decisions. Providing clear, measurable outcomes can greatly enhance your answer.

In your answer, emphasize the importance of aligning long-term financial plans with the company’s strategic goals. Discuss techniques you use for scenario planning, stakeholder collaboration, and financial forecasting, along with how you analyze market trends to inform decision-making. Highlight specific examples where your planning led to successful outcomes.

Discuss different budgeting strategies you’ve implemented in the past, such as zero-based budgeting or incremental budgeting. Emphasize how you engage with various departments to gather insights and ensure budgets reflect the organization’s priorities. Real examples showcasing your leadership in managing budgets can strengthen your response.

To tackle compliance, discuss your understanding of relevant financial regulations and your proactive measures to stay updated. Explain how you work closely with legal and compliance teams, integrate compliance checks into financial processes, and foster a culture of accountability within your team.

Provide a specific example of a financial reporting process you optimized, emphasizing the tools and methodologies used. Discuss the challenges faced, your approach to those challenges, and the outcomes of your optimization efforts. Be clear about how your actions led to enhanced efficiency and better decision-making.

When explaining financial insights to non-financial stakeholders, focus on clarity and simplification. Share an example of how you translated complex financial data into accessible formats, such as visuals or summaries, and how you tailored your communication to suit the audience's needs.

Emphasize the importance of cross-functional collaboration in your financial planning. Share examples of how you worked with various departments, like clinical or operational teams, to align financial strategies with operational goals, ensuring a comprehensive and inclusive overview of financial health.

Discuss your leadership style and how you approach team development. Highlight specific mentorship practices you apply, your strategies for fostering collaboration and engagement, and how you measure team performance and development to ensure continuous improvement.

Explain your methods for keeping up with industry trends, such as subscribing to relevant financial publications, attending seminars, or networking with industry professionals. Sharing how this knowledge directly translates into your work at Strive Health will make your answer more impactful.

Reflect on specific challenges you have encountered in your career, whether related to process inefficiencies, budget constraints, or compliance issues. Describe your problem-solving approach, the steps you took to address the challenges, and the successful outcome that emerged from your efforts.