Director - Finance

Piedmont HealthcareAugusta, GA
6d

About The Position

Overview Experience the advantages of real career change Join Piedmont to move your career in the right direction. Stay for the diverse teams you'll love, a shared purpose, and schedule flexibility that frees you to live for what matters both in and outside of work. You'll feel valued, motivated to be your best, and recognized for your contributions to exceptional patient outcomes. Piedmont leaders are in your corner, invested in your success. Our wellness programs and comprehensive total benefits and rewards meet your needs today and help you plan for the future. Responsibilities JOB PURPOSE:Responsible for managing the hospital Finance department. This includes, but is not limited to,overseeing and monitoring project accounting, business case development, variance analysis,department level budgets, measurement and tracking of new services, and labor analysis. Workscollaboratively with entity department leaders and other Finance departments to develop and delivermanagement reports and meaningful insights from data to further decision making.

Requirements

  • Bachelor's degree from a recognized college or university in Business Administration, BusinessManagement, or business related field is required.
  • Seven (7) years of work experience in a Finance role, preferably in a multi-entity healthcare environment,is required.
  • None.

Nice To Haves

  • Master's Degree in Business Administration, Hospital Administration, Accounting, Finance or a closelyrelated field, or designation as a Certified Public Accountant is preferred.
  • Demonstrates strong communication and interpersonal skills at all levels including the ability to explainbusiness metrics that drive financial performance.
  • Demonstrates strong problem solving, project management, teamwork, and organizational skills.

Responsibilities

  • Supervises overall business performance analyses and decision support activities and providesstrategic financial insight to the hospital CFO.
  • Collaborates with PHC Financial Planning and Analysis and Strategic Planning departments toprepare the annual capital and operating budgets (entity and departmental level) in a mannercongruent with PHC and local strategic plans and operating goals. Report on interim progress towardbudgeted objectives on a regular basis.
  • Collaborates with shared functions and other departments on cash control, physician inventory, taxfilings (e.g. 990-T), cost report workpaper development, and works to understand and resolve otherissues as needed (e.g. over/under accruals, prepaid needs, and etc.).
  • Works with PHC Strategic Planning and other departments to produce the Georgia Annual HospitalQuestionnaire (AHQ), and Hospital Financial Survey (HFS), and other related submissions.
  • Liaises with physician accounting and the physician practices as needed on physician practicesubsidies, income guarantees, practice startups/acquisitions, and etc. to help support informationsharing, communications, performance improvement, decision making and other needs, as required.
  • Produces, distributes, and explains management reports and analyses that relate to past activity,operational opportunities, and strategic objectives. This includes standard format FinancialStatements, concurrent month-to-date activity, ratio analysis, and coordinating/reviewingdepartmental responsibility report submissions. Analysis should include feedback of service lineresults as needed, pro-forma projections of proposed decisions and specific staffing and productivitydata. The Hospital Finance Director should produce analysis on an ad-hoc basis upon requests andbe proactive in bringing issues and opportunities to decision-makers.
  • Establishes ongoing communication and review with agreed upon parties (e.g. CFO, departments,department leaders, and VPs) to review performance and explore opportunities for improvement.
  • Translates system-wide operating strategies and key performance indicators (“KPIs”) into entityspecific initiatives and uses financial analysis to provide insightful interpretations for decision making.
  • Drives entity-wide Finance strategy and assists the hospital CFO in making key decisions.
  • Assists hospital CFO with reviewing the methodology used by Finance staff to evaluate internal andexternal business opportunities and suggests alternatives.
  • Identifies and manages continuous process improvement initiatives and drives strategic Financeinitiatives.
  • Participates in performance management process including performance evaluation, coaching, anddevelopment of direct reports.
  • For entities that are still running legacy computer systems, position may be responsible for a varietyof tasks supportive of broader financial and / or other needs.
  • Performs other duties as assigned.

Benefits

  • wellness programs
  • comprehensive total benefits and rewards
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