FP&A Associate

Location: New York, NY (Preferred) / Hybrid

Reports to: Chief Operating Officer

The Role: We are looking for a highly analytical and driven Financial Planning & Analysis (FP&A) Associate to serve as a key partner in our strategic decision-making process. In this role, you will be instrumental in building complex financial models, managing our budgeting and forecasting cycles, and translating vast amounts of data into actionable business insights. This is a high-visibility position that requires the rigorous analytical foundation typically found in investment banking or consulting, combined with a passion for scaling a modern healthcare technology company.

Financial Modeling & Forecasting: Operating Models: Build, maintain, and iterate on dynamic, complex financial models to support short- and long-term business planning. Scenario Analysis: Model various business scenarios (e.g., new product launches, pricing changes, market expansion) to evaluate financial impacts and guide executive strategy. Cash Flow Management: Monitor and forecast cash flow, working capital, and unit economics across our various employer-sponsored health plans.

Strategic Planning & Budgeting: Annual Planning: Assist in driving the annual budgeting process across all departments, ensuring alignment with corporate strategic objectives. Variance Analysis: Conduct monthly budget-to-actuals variance analysis, identifying key drivers of over/underperformance and providing recommendations to department heads.

Data Analytics & Executive Reporting: Board Materials: Prepare comprehensive, highly polished financial reporting packages and presentation decks for the Executive Team and Board of Directors. KPI Tracking: Partner with the data team to define, track, and report on core SaaS and healthcare metrics (e.g., CAC, LTV, claims loss ratios, operational turnaround times).Dashboarding: Help automate and streamline financial reporting workflows to ensure real-time visibility into company performance.

Cross-Functional Business Partnering: Operational Support: Collaborate closely with Operations, Health Plan Administration, and Product teams to evaluate the ROI of new initiatives and drive cost-containment strategies. Ad-Hoc Analysis: Serve as the financial "source of truth" for ad-hoc strategic projects, evaluating new market opportunities, pricing strategies, vendor economics, and internal process improvements.

Experience: 1 to 3 years of experience in investment banking or management consulting. (Prior exposure to healthcare, tech, or insurance sectors is a strong plus, but not required).

Education: Bachelor’s degree in Finance, Economics, Business, Accounting, or a related highly quantitative field. Technical Expertise: Expert-level proficiency in Microsoft Excel (building three-statement models from scratch, complex logical functions, advanced data manipulation).Advanced proficiency in Microsoft PowerPoint for executive-level presentations. Exposure to modern data analytics tools (SQL, Tableau, Looker) or FP&A software is a plus. Subject Matter Knowledge: Exceptional grasp of corporate finance, accounting principles, and financial statement analysis. Soft Skills: Impeccable attention to detail, a high degree of ownership, and the ability to thrive in a fast-paced, ambiguous startup environment. Covet Health is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. U.S. Citizen, U.S. Person, or Immigration Status Requirements: This job requires a U.S. Person. A U.S. Person is a lawful permanent resident as defined in 8 U.S.C. 1101(a)(20) or who is a protected individual as defined by 8 U.S.C. 1324b(a)(3). U.S. citizens, U.S. nationals, U.S. permanent residents, or individuals granted refugee or asylee status in the U.S. are considered U.S. persons. For a complete definition of “U.S. Person” go here. ecfr.gov/current/…/section-120.62