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Vice President - Finance

Blue Cross and Blue Shield of Massachusetts, Inc.
vision insurance, paid time off, 401(k)
United States, Massachusetts, Boston
101 Huntington Avenue (Show on map)
Jun 23, 2025
Ready to help us transform healthcare? Bring your true colors to blue.

The Role

Reporting directly to the Senior Vice President of Financial Services, our Vice President of Finance will oversee and lead a ~70-person team across budget, financial planning and analysis (FP&A), procurement and supplier management, and corporate real estate functions. This executive will be responsible for managing a $1 billion+ administrative budget, ensuring robust financial planning, governance, and financial performance management aligned with business objectives.

The successful candidate will be an experienced and strategic finance leader with a strong track record of operational finance execution, budget oversight at scale, and the ability to connect finance insights to real-world business drivers. This role requires an individual who can translate strategy into execution while ensuring complex workstreams move forward with clarity and precision. They will be expected to build trusted relationships across the C-suite and executive leadership team, operate with tight controls and drive an integrated approach to budget, procurement, and real estate that optimizes enterprise performance.

The successful candidate will work in close partnership with senior finance, legal, operations, and enterprise strategy teams, while also serving as a trusted advisor to the CEO and other members of the executive leadership team on budgetary planning and enterprise investment priorities.

Key accountabilities for the role include:

  • Define and drive the enterprise cost structure strategy, evaluating expense trends, cost drivers and financial levers to inform scalable, long-term planning models.
  • Lead the end-to-end financial planning and analysis (FP&A) process, including annual planning, rolling forecasts, and variance reporting across a $1B+ administrative budget.
  • Oversee enterprise-wide procurement and supplier management across 750 vendors with annual spend of $400M, ensuring robust sourcing, performance tracking, and relationship management across vendors.
  • Direct the strategic and operational management of corporate real estate, aligning facilities, capital planning, and workplace strategies with business needs.
  • Provide financial guidance to senior leaders and serve as a thought partner to the CFO, executive leadership team, and board-level stakeholders, ensuring alignment between enterprise strategy and financial decision-making.
  • Develop and ensure disciplined execution across all financial initiatives, policies, procedures and controls to ensure compliance with regulations and organizational goals.
  • Elevate financial reporting and communications to support transparency, executive decision-making, and forward-looking analysis in a timely and detail-oriented manner.
  • Build and sustain a high-performing, diverse finance organization-investing in talent development, team culture, and cross-functional collaboration.
Key Competencies
  • Shaping strategy: Exceptional ability to define, lead and manage enterprise financial strategies - particularly around cost structure, budget discipline and procurement optimization - that align with long-term business objectives and drive operational and financial performance.
  • Execution-oriented: Proven ability to drive complex financial initiatives from concept to execution with precision, ensuring disciplined accountability and measurable impact in fast-paced, matrixed environments.
  • Leading teams: Strong track record of leading, managing, and inspiring teams, including recruiting, developing, and retaining top talent.
  • Influencing collaboratively: Excellent interpersonal and communication skills with the ability to effectively influence and engage internal and external stakeholders.

Personal Characteristics

  • Strong commitment to the Company's mission and values
  • Strong attention to detail and ability to deliver high-quality results
  • "Player-coach" mindset, with the ability to balance strategic leadership with hands-on support
  • Strong interpersonal skills to build healthy, collaborative, and trusting relationships across the Company.
  • Self-motivated problem-solver and a curious thinker
  • Strong executive presence with excellent communication and interpersonal skills

Education & Qualifications

  • Bachelor's degree required (MBA or advanced degree in finance, accounting, business, or related field strongly preferred)
  • 10+ years of progressive leadership experience in finance, with deep expertise in budgeting, FP&A, procurement and operational finance
  • Demonstrated experience managing large, complex budgets and driving enterprise-wide financial planning and analysis
  • Proven track record of developing disciplined cost structure strategies, capital planning and vendor management
  • Proven success in leading high-performing teams in dynamic environments
  • Agile and nimble with an ability to thrive in a fast-paced environment and meet deadlines
  • Healthcare experience is preferred, but not required.
Minimum Education Requirements:

High school degree or equivalent required unless otherwise noted above

LocationBoston Time TypeFull time Salary Range: $250,000.00 - $300,000.00

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that theconfidence gapandimposter syndromecan prevent amazing candidates coming our way, so please don't hesitate to apply. We'd love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It's in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting ourCompany Culturepage. If this sounds like something you'd like to be a part of, we'd love to hear from you. You can also join ourTalent Communityto stay "in the know" on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.

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