Job Description
Job Description:
The Finance Manager is a skilled professional in financial management and analysis with a comprehensive knowledge of the financial operations at a local hospital or Medical Group or in an enterprise shared service functional area. This role oversees and facilitates financial activities, performs or guides specific analytical functions, and works closely with operations of the local hospital or Medical Group or in an enterprise shared service functional area. This position may involve leading a team focused on analytical duties or working independently, partnering with high-level executives across a broad organizational function
Essential Functions
Supports the Finance Director or Market AVP in creating and presenting operational expense reports, capital budgets, and annual strategic plans for a local hospital or an enterprise functional area level.
Establishes and maintains relationships with local or enterprise leaders, administrators, and other caregivers to propose targets that support the overall strategy and local or enterprise growth opportunities and efficiencies.
Conducts the review of monthly operations to identify and report budget variances to local hospital or to enterprise leadership for a shared service functional area.
Guides assigned operating leaders in understanding and applying financial tools to achieve financial and strategic objectives (e.g. productivity management, operational KPI review, financial improvement initiatives).
Performs or oversees routine and ad-hoc analyses (capital plan development, feasibility analyses, net present value, make good analyses).
May coordinate revenue and/or charge capture initiatives for local hospital in partnership with the Revenue Integrity team.
Provides guidance, training, and mentorship to staff participating in financial budgeting and analysis activities or working independently, partnering with high-level executives for enterprise-level functional areas.
Provides regulatory reporting or support as needed locally or at the enterprise level.
Skills
Financial Analysis
Finance Strategy
Hospital Billing
EMR
Leadership
Financial Reporting
Analytical
Healthcare Regulatory Requirements
Finance Technologies
Problem Solving
Qualifications
Required
Bachelor's degree in accounting, Finance, or Business is required. Education must be obtained through an accredited institution. Degree will be verified.
Demonstrated progressive experience in financial management.
Demonstrates strong knowledge of financial accounting, reporting and analysis.
Ability to work collaboratively across cross-functional teams.
Proven leadership skills with the ability to inspire and motivate a team.
Demonstrated experience in a position requiring attention to detail, organizational and analytical skills, and change management skills.
Industry Experience: Experience in [specific industry] is an advantage.
Proven advanced software skills proficiency in advanced Excel functions and financial modeling tools.
Strong written and verbal communication skills and experience communicating with various organizational levels.
Preferred
Master's degree in Business Administration (MBA), Finance, Accounting, or Health Administration (MHA) preferred. Educ ation must be obtained from an accredited institution. Degree will be verified.
CPA license preferred.
7 years of experience in a progressive hospital finance manager, finance director, or in another financial leadership position preferred.
3 years of experience supervising and leading a team of finance professionals.
Knowledge of Intermountain information systems and financial processes
Experience with and a working knowledge of hospital revenue cycle operations, supply chain, payer environment, and the Medicare/Medicaid cost report. - and - Database knowledge
Physical Requirements
Ongoing need for employee to see and read information, documents, monitors, identify equipment and supplies, and be able to assess ... (truncated, view full listing at source)