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Senior Director, VSP Vision care

Date:  Jul 26, 2019
Req ID:  34144
Division:  Finance
Location: 

Rancho Cordova, CA, US, 95672

VSP Global is comprised of five complementary businesses that combine high-quality eye care insurance, high-fashion eyewear, customized lenses, ophthalmic technology and retail solutions, with employees in over 23 countries. No matter the role, we’re all focused on a singular mission: to help people see. Learn more by visiting https://vspglobal.com/cms/careers/

General Summary

Responsible for all domestic and international business controlling functions including business planning and navigation, forecasting, budgeting, financial and market analysis and M&A support. Accountable for all Underwriting responsibilities.  Work in conjunction with the Vision Care leadership on developing financial strategies, management reporting and analytics for the company. 

Essential Functions

Primary responsibility to develop, implement, execute and monitors business controller policies, procedures and controls

 

Produces actionable management information and analysis issuing periodic financial and operating reports, interpret operating results, and ensures specificity in accordance with appropriate accounting standards

 

Manage the preparation of financial forecasts, including projected revenue, expenses, net income, cash and borrowing. 

 

Recommend benchmarks for measuring the financial and operating performance of locations and departments

 

Prepare financial analysis of Company corporate and by business segment

 

Monitor and analyze monthly operating results against budget

 

Lead the management and preparation of finance committee financial packets, financial reviews and annual/5 yr plan reviews

 

Identify and ensures implementation of financial improvements to achieve revenue and profit targets

 

Recommend proper allocation of assets and resources to maximize productivity and profitability, and provide valuable analysis and insight to guide decision making that supports the Company’s key objectives

.

Directly oversee the development and issuance of rating factors and policies for the achievement of underwriting profitability to support the overall financial stability of the Vision Care line of business.

 

Communicate directly with Executive level contacts at existing and prospective clients, brokers, and strategic partners to aid in the negotiation of proper rating as well as providing clarification for rating methodology, factors, and impacts used.

 

Assist the Product team in developing new and innovative products and offerings that will aid in the attainment of the company’s profitability targets.

 

Research, develop and write underwriting policies and procedures; Interpret and communicate established department policies.

 

Collaborate with business leaders on evaluating existing financial systems and current processes, and recommending modifications and implementation of systems and process more advantageous to Company’s strategic financial goals

 

Assures compliance with federal, state, local and corporate policies, regulations and laws

 

Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department’s goals and objectives

 

Establish good working relationships across Company functions and business units

 

Develop, mentor and grow personnel within the organization

 

Monitor performance of direct reports; provides prompt and objective coaching and counseling; conduct performance reviews and recommend salary increases

 

Participate in the hiring and interviewing process for open positions within the unit ensuring that the most qualified candidates are selected. 

 

Assure effective communications are maintained within the unit and externally.  Where appropriate, inform employees as to plans and progress; conduct employee discussion sessions at regular intervals

 

Participate in a wide variety of special projects at Corporate or LOB level, as needed

 

Coordinate with other units/departments to facilitate special requests, resolve work flow or production issues

 

Perform all other duties as assigned

Job Specifications

Typically has the following skills or abilities:

 

Bachelor’s degree in Finance or Management or equivalent training, education and experience

 

Minimum 15 years of Finance experience

 

Minimum 15 years of Management, Supervisory, and/or Leadership experience

 

Multi-location and multi-business experience

 

Extensive experience developing and analyzing underwriting strategies or equivalent financial or statistical analysis experience

 

Mergers and Acquisition analysis and integration experience

 

Proven leadership and negotiating skills

 

Ability to delegate work responsibility with strong interpersonal skills

 

Problem solving and strategizing capabilities

 

Progressive experience leading teams and managing projects

 

Demonstrated ability to build relationships and communicate with peers, subordinates and executive management

 

Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles

 

Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects

 

Excellent analytical and abstract reasoning skills, plus excellent organization skills

 

Excellent maturity and judgment, and the ability to operate effectively in an entrepreneurial environment; maintain composure under pressure and have the ability to balance competing priorities

 

Clean credit history as reported by credit report

 

Ability to regularly exercises discretion and independent judgment in the performance of his/her job duties.

Working Conditions / Physical Demands

The working environment is generally favorable.  Lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust etc.

The above information in this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

VSP Global is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to gender, race, color, religion, sex, national origin, gender identity, sexual orientation, disability or protected veteran status.  We maintain a drug-free workplace and perform pre-employment substance abuse testing.


Nearest Major Market: Sacramento

Job Segment: Manager, Ophthalmic, Substance Abuse, Behavioral Health, Management, Healthcare

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