Manager, Financial Planning & Analysis - Empower Pharmacy

Position Summary:

At Empower, the Manager of Financial Planning and Analysis plays a pivotal role in steering our financial strategies and operations towards achieving our mission of expanding access to quality, affordable medications. This essential role centers on navigating the creation and execution of our annual financial strategies, ensuring they not only mirror but actively drive Empower’s organizational objectives.

 

In this dynamic role, you will harness advanced data visualization techniques to dissect complex financial data, from sales breakdowns and competitive mappings to cash flow analyses and product line evaluations. You will lead special projects that evaluate economic conditions, assess the financial impact of new initiatives, and contribute to strategic decisions.

 

Your responsibilities will extend to optimizing our financial practices and processes, enhancing visibility, driving automation, and ensuring regulatory compliance. Your expertise will provide critical business insights that influence top-level strategy and decision-making. This role not only demands a sharp analytical mind but also a visionary approach to financial management.

 

Join Empower and play a central role in shaping the future of healthcare by delivering innovative solutions that enhance life’s quality across communities. Here, your leadership will not just be recognized—it will be instrumental in defining our trajectory towards more innovative, effective, and accessible healthcare solutions to help people live healthier, happier lives.

Duties and Responsibilities:

• Leads the development and execution of the annual financial plan in collaboration with relevant business units, ensuring alignment with organizational objectives.
• Conducts a thorough analysis of financial data (sales breakdown, competition mapping, pricing, cash flow, product line evaluation, and capital additions), KPIs, and operational metrics, utilizing data visualization techniques to communicate insights and deliver monthly financial presentations.
• Augments dashboards and management reporting packages to support leadership with enhanced business insights to drive better strategy and decision making.
• Prepares monthly, quarterly, and annual financial reports.
• Analyzes and optimizes cost structures to improve efficiency and profitability.
• Monitors and assesses financial performance against budget and forecast, identifying areas for improvement, and implementing corrective actions as needed.
• Collaborates with various departments to gather and analyze financial data, provide insightful recommendations, and contribute to the overall financial health of the organization.
• Enhances financial reporting and analysis capabilities, implementing best practices to increase visibility and transparency, and drive process automation and optimization.
• Leads special projects, such as the economic evaluation of divestitures or acquisitions, the financial effectiveness of internal operations, and the product performance.
• Stays abreast of industry trends, best practices, and regulatory requirements related to financial planning and analysis.
• Fosters a creative and collaborative work environment, encouraging teamwork, and knowledge sharing among team members.
• Provides mentorship and professional development opportunities to team members, supporting their growth and success within the organization.
• Monitors and evaluates the performance of direct reports, leveraging competencies, KPIs and feedback.
• Collaborates with department leaders to determine headcount needs and participates in onboarding and hiring process.
• Performs other duties as assigned.

Knowledge and Skills:

• Advanced proficiency in Microsoft Excel and PowerPoint, including building dynamic Excel models and presentations for executive consumption.
• Strong analytical skills and proficiency in financial modeling, data analysis, and statistical techniques.
• Strong attention to detail and accuracy, with a commitment to delivering high-quality work products and actionable insights.

 

Key Competencies

• Customer Focus: Ability to build strong customer relationships and deliver customer centric solutions.
• Optimizes Work Processes: Know the most effective and efficient processes to get things done, with a focus on continuous improvement.
• Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives.
• Resourcefulness: Secures and deploys resources effectively and efficiently.
• Manages Complexity: Makes sense of complex, high quality, and sometimes contradictory information to effectively solve problems.
• Ensures Accountability: Holds self and other accountable to meet commitment.
• Situational Adaptability: Adapts approach and demeanor in real time to match shifting demands of different situations.
• Communicates Effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Experience and Qualifications:

• Bachelor’s degree required; MBA, CFA, or advance degree a plus.
• 3+ years of working experience in financial planning and analysis required with a focus on budgeting, forecasting and financial modeling required; investment banking/PE experience a plus.
• Experience with ERPs, accounting software, BI tools, and financial planning tools a plus.
• Previous experience in the healthcare or pharmacy industry a plus.

Benefits:

• No-Cost Medication: Get your prescribed compounded medications at no cost, ensuring your health without the financial burden.
• Onsite Health & Wellness – IV Therapy Drips: Rejuvenate with complimentary onsite IV Therapy drips, enhancing your well-being and energy levels.
• Comprehensive Medical, Dental, and Vision Options: Choose from three medical plans tailored to your needs, plus options for dental and vision coverage for you and your family.
• Telehealth visits: Access board-certified Doctors anytime, anywhere for you and your family.
• Paid & Volunteer Time Off: Enjoy paid time off for personal pursuits and contribute to causes you care about with volunteer time off.
• Paid Holidays (8 scheduled; 2 floating): Celebrate with eight scheduled holidays and two floating holidays, giving you flexibility and time for personal traditions.
• Life & AD&D Coverage: Secure your and your family's financial future with life and accidental death and dismemberment (AD&D) insurance.
• FSA (Flexible Spending Account): Manage healthcare expenses smartly with pre-tax dollars in a Flexible Spending Account (FSA).
• 401K Dollar-for-Dollar Up to 4%: Invest in your future with our 401K plan, featuring a dollar-for-dollar match up to 4%.
• Company Paid Long-Term Disability: Provided at no cost, which replaces 60% of your income if you become disabled for a long period of time.
• Flexible Schedules: Balance work and life seamlessly with our flexible scheduling options.
• Rewards & Recognition Program: Your hard work doesn't go unnoticed – enjoy rewards and recognition beyond your paycheck.

 

Additional Voluntary Benefits

• Accident Insurance: Pays a lump sum benefit to help cover expenses following an accidental injury.
• Hospital Indemnity Insurance: Enhance your peace of mind with supplemental hospital insurance for unexpected stays.
• Critical Illness: Protect your finances from the expenses of a serious health issue.
• Short-Term Disability: Protect your income during illness or injury with short-term disability coverage.
• Supplemental Life & AD&D: Add an extra layer of financial protection for you and your loved ones with supplemental life and AD&D coverage.
• Legal Services: Access professional legal assistance to address concerns confidently.
• Identity Theft Protection: Safeguard your identity and finances with our identity theft protection benefit.
• Pet Insurance: Care for your furry family members with our pet insurance coverage.
• Employee Assistance Program: Confidential counseling and support services for a holistic approach to your well-being.