Vice President, Finance

Found in: Jooble US O C2 - 2 weeks ago


New York NY, United States Cityblock Health Full time

About Us:

Cityblock Health is the first tech-driven provider for communities with complex needs—bringing better care to where it’s needed most, block by block. Founded in 2017 on the premise that “health is local” and based in Brooklyn, we are backed by Alphabet’s Sidewalk Labs along with some of the top healthcare investors in the country.

Our mission is to improve the health of underserved communities. Importantly, our solutions are designed specifically for Medicaid and lower-income Medicare beneficiaries, and we meet our members where they are, bringing care into the home and neighborhoods through our community-based care teams and Virtual Care offerings.

In close collaboration with community-based organizations, local providers, and leading health plans, we are reorganizing the health system to focus on what matters to our members. Equipped with world-class, custom care delivery technology, we deliver personalized primary care, behavioral health, and social services to deliver a radically better experience of care for every member and community we serve.

Over the next year, we’ll grow quickly to bring better care to many more members and their communities. To do this, we need people who, like us, believe that everyone should have good care for what matters to them, in their community.

Our work is grounded in a belief in the power of a diverse community. To close gaps in care and advance equity in the communities we serve, we have to start with making our own team diverse and inclusive. Our ways of working are characterized by creativity, collaboration, and mutual learning that comes from bringing together a community from diverse backgrounds and perspectives. We strive to ensure that every person on the Cityblock team, and every Cityblock member, feels supported and included as a part of our community.

Our Values:

  • Aim for Understanding
  • Be All In
  • Bring Your Whole Self
  • Lean Into Discomfort
  • Put Members First

About the Role:

Cityblock is the preeminent value-based care provider focused primarily on high needs populations, specifically Medicaid and Dual-Eligible beneficiaries. We enter into full risk, global capitation contracts and are accountable for managing total cost of care for 100,000 members across six states. At Cityblock, our Finance team is a strategic function that provides critical input and thought leadership on the company’s growth path, contracting and pricing structures, and business priorities.

We are searching for a VP of Finance to serve as a key member of our corporate leadership team, leading the Finance function. This individual will be responsible for overseeing our annual budget and planning process; analyzing and communicating financial performance and business results; partnering with the CFO on investor relations, capital strategy and M&A; ensuring new contracts for Cityblock maximally achieve our financial and operational objectives; and supporting the assessment of new business and strategic opportunities. The VP Finance will partner closely with leaders across the organization and represent Cityblock externally with our partners and investors.

Cityblock’s VP of Finance must be an experienced finance executive, ideally with expertise in Medicaid, Medicare Advantage / Duals (e.g., D-SNP, MMP) programs, and/or value-based care. The ideal candidate will have a keen eye for detail, strong communication skills, and a differentiated ability to draw insights from and make decisions using both quantitative and qualitative inputs. Importantly, they must be a strong people leader who can attract and retain world-class talent. The VP Finance will report to Cityblock’s CFO.

Responsibilities:

  • Lead a team of finance professionals across three sub-verticals: Corporate Finance, Growth Finance, and Market Finance Partners
  • Partner with Actuary and Accounting to ensure an accurate and timely monthly/quarterly/annual financial close. Produce insightful analysis of financial and business results, and communicate these results clearly to a variety of audiences (business leaders, ELT, Board)
  • Manage Company-wide annual budget/planning process and quarterly reforecast processes. Work with the CFO and ELT to set long-range strategic and financial objectives for the company that inform near-term planning. Along with MedEcon and operating/clinical leaders, develop the medical and operating plans to meet annual and long-range objectives
  • Serve as a thought partner and advisor to leaders throughout the organization. Lead a team that builds collaborative relationships with stakeholders such that they are the trusted advisors on key business decisions and to help drive performance improvement
  • Partner with business leaders and People team to manage spend and hiring within budget. In partnership with clinical and operational leadership, develop and execute strategies to drive efficiencies in spend over time
  • In partnership with the CFO and Chief Actuary, ensure every contract Cityblock signs meets the Company’s financial and strategic objectives, with sufficient downside protection. Serve as a key member of the Senior Deal Desk, which recommends and approves all new contracts and growth opportunities for Cityblock
  • Work closely with the CFO to set capital strategy for the business. Co-lead on activities related to investor relations, debt and equity fundraising, and corporate development / M&A
  • Evaluate the efficacy of Cityblock’s clinical and operational programs. Partner closely with stakeholders to articulate the drivers of Cityblock’s financial and clinical performance, and identify opportunities for additional impact
  • Assess new business opportunities. Provide qualitative and quantitative input to executive leadership to inform company strategic decisions

Requirements for the Role:

  • 12+ years of relevant work experience in progressive healthcare and finance leadership roles. Consulting, investment banking, and/or investing experience preferred
  • Experience in value based care and/or with payors. Understanding of Medicaid, Medicare and Dual-Eligible programs and populations
  • Fantastic people management skills, with proven track record of hiring well and retaining and developing talent. Experience building and maintaining a culture of excellence
  • Ability to get things done. A general athlete with the intellectual and interpersonal capacity to bring cross-functional or complex tasks to conclusion
  • Methodical, thorough and meticulous.
  • Ability to bring a “systems” mindset to your job. Ability to build scalable processes and implement new tools that are designed for growth and are robust at scale
  • Excellent interpersonal, written and oral communication skills, and ability to build deep relationships with diverse functional leadership
  • Demonstrated strong executive presence who has served as a credible and thoughtful representative with a board and investors, and with ongoing customer and partner relationships
  • Ability to be hands-on and not afraid to dive into the details
  • Passion for Cityblock’s mission and excitement for how this role will drive the company’s success

Cityblock values diversity as a core tenet of the work we do and the populations we serve. We are an equal opportunity employer, indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

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We do not accept unsolicited resumes from outside recruiters/placement agencies. Cityblock will not pay fees associated with resumes presented through unsolicited means.

We take into account an individual’s qualifications, skillset, and experience in determining final salary. This role is eligible for health insurance, life insurance, retirement benefits, participation in the company’s equity program, paid time off, including vacation and sick leave. The expected salary range for this position is $225,000 to $280,000. The actual offer will be at the company’s sole discretion and determined by relevant business considerations, including the final candidate’s qualifications, years of experience, skillset, and geographic location.

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