Senior Financial Planning & Analysis (FP&A) Analyst - Federal

Delta Dental of California; Oakland (CA); Hybrid; USD 71,000 - 150,000; Full time

Benefits offered by this job

Competitive base pay

401(k) with matching

Medical & dental benefits

Vision benefits

Paid holidays

Tuition reimbursement

Employee discount program

Wellbeing program

Volunteer opportunities

Job summary

Delta Dental of California is seeking a Senior Financial Analyst - Federal to support financial planning, reporting, forecasting, and unit economics for Federal Government Programs. You will assess contract economics, support pricing, bids, renewals, and management activities through analysis of membership, revenue, expenses, PMPM profitability, and drivers affecting retention and growth.

Ideal candidates bring health insurance industry experience and familiarity with government contracting in a

Qualifications

• Requires 4+ years of progressive experience in financial planning & analysis.
• Bachelor's degree required.
• Strong analytical and problem-solving skills; detail oriented.
• Excellent verbal and written communication skills.
• Knowledge of ERP and planning applications (Oracle/Hyperion preferred).
• Understanding of basic accounting concepts and principles.

Responsibilities

• Lead budgeting, forecasting and planning processes with business owners.
• Provide monthly financial performance reporting and variance analysis to finance leaders.
• Collaborate with cross-functional teams to deliver high-impact analysis for strategic decisions.
• Manage key department processes such as cost allocations and profitability analysis.
• Develop and maintain complex financial models.
• Identify opportunities and drive process improvements for efficiency.
• Mentor junior team members and oversee their work.
• Support enterprise-wide financial acumen and partner education.
• Deliver insights to business partners to inform decisions.

Skills

Financial planning

Forecasting

Variance analysis

Cross-functional collaboration

Analytical problem solving

Communication skills

Mentoring

Project management

ERP/Planning tools

Education

Bachelor's degree

Tools

Oracle/Hyperion

SAP

IBM Cognos

Job description

The Senior Financial Analyst - Federal supports financial planning, reporting, forecasting, and unit economics for Delta Dental's Federal Government Programs portfolio operating within a highly regulated environment. The analyst will evaluate program performance and contract economics while supporting pricing, competitive bids, contract renewals, and contract management activities through analysis of membership, revenue, expense, PMPM profitability, and other drivers that influence contract retention, growth, and long-term program success. Experience with healthcare, insurance, government contracting, public-sector programs, or other regulated business environments is highly valued.

• Drives planning, budgeting and forecasting process by partnering with business owners.
• Responsible for monthly financial performance reporting and communications, including trend and variance analysis, to functional and finance leaders.
• Works independently or collaboratively with cross-functional teams to perform sophisticated, high-impact persuasive analysis that drives strategic decision-making for all areas of the business.
• Manages key department processes and projects, such as cost allocations, profitability analysis, scenario analysis, rate review, cost benefit analysis, etc.
• Develops and maintain complex models.
• Identifies opportunities and lead process improvement efforts to achieve operational efficiency.
• Mentors junior members of the team and oversee their work.
• Drives efforts to improve financial and business acumen of partners across the enterprise.
• Supports development of analysis, including key drivers that impact business outcome.
• Interprets financial and other data to deliver insights and support decision making for business partners.

• 4+ w/Bachelor's degree
• A minimum of 4 years of progressive experience in financial planning & analysis
• Strong organizational/time management skills and multi-tasking abilities.
• Detail oriented with strong analytical and problem-solving skills.
• Excellent verbal and written communication skills.
• Knowledge of ERP and Planning applications, such as Oracle/Hyperion, SAP, IBM/Cognos required (Oracle/Hyperion preferred)
• Understanding of basic accounting concepts and principles
• Able to effectively coordinate work and communicate across disparate groups of individuals, functions, and levels in the organization
• PC literacy required; Excellent MSOffice skills (Outlook, Word, Excel, PowerPoint, Access)
• Knowledge of health insurance industry desirable

Please Note: This is a hybrid position. During the first three months of employment, team members are expected to work onsite approximately three days per week in either our Oakland, CA or Rancho Cordova, CA office for onboarding and training. After this initial period, the role transitions to approximately one day per week onsite. Candidates should be within a reasonable commuting distance of one of these locations.

Base Pay Information

The national base pay range at the end is a good-faith estimate of what Delta Dental may pay for new hires. Actual pay may vary based on Delta Dental's assessment of the candidate's knowledge, skills, abilities (KSAs), related experience, education, certifications and ability to meet required minimum job qualifications. Other factors impacting pay include prevailing wages in the work location and internal equity. Pay Grade 20. $71,400 - $149,500

Behind the smile! We are dedicated to safeguarding the health and financial stability of our employees and their loved ones. This commitment extends beyond the workplace to foster personal growth and holistic wellbeing. Our life-changing rewards package includes:

• Competitive base and incentive pay
• 401(k) with robust matching and non-matching contributions
• Rich medical & pharmacy benefits
• 100% employer-paid dental and vision benefits
• Holistic wellbeing program with deep financial incentives
• Generous paid time off plus 12 paid holidays and your birthday off
• Culture of growth and learning: career development; tuition reimbursement; recognition program
• Family support: adoption assistance, fertility treatment, child, elder & pet care assistance
• Social responsibility and volunteer opportunities
• Employee discount program

Fair Chance Ordinances and Criminal Background Considerations

This position requires that the applicant undergo a background check. Qualified applicants with arrest or conviction records will be considered for employment in accordance with any applicable federal, state or local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and/or New York Corrections Law Article 23-A.

Important Work Authorization Information

Please note, Delta Dental will not sponsor applicants for work visas for this position.