Director, Financial Operations - Technology Services (Hybrid - Livonia, MI)

Trinity Health•Livonia, MI

6d•$68 - $111•Hybrid

About The Position

Provides financial leadership and operational support for Trinity Information Services (TIS). • Leads a team of financial professionals and ensures effective processes for capital and operating budgets, variance analysis, and financial reporting. • Responsible for managing financial planning, budgeting, forecasting, and reporting processes to ensure accuracy, compliance, and alignment with standards. • Accountable for long range financial planning, capital planning, and operating budget development, complex generally accepted accounting standards, forecasting and modeling of complex business cases for governance and executive leadership. • Leads the development of the annual operating budget including complex allocation models and budgeting for the annual financial value of approved projects. • Verifies the integrity of the operating and capital results by measuring, projecting and analyzing variances from budget and recommending appropriate action to TIS leadership. • Responsible for the development, implementation and maintenance of models and templates used in capital and operating budgets and forecasting efforts. • Monitors capital spending and reviews financial analysis and results for the Project Accounting system used by TIS. • In alignment with the VP of Financial Operations, provides direction to Ministry CFOs on capital spending and GAAP treatment and consultation related to capital requirements and ROI models. • Communicates financial results, forecasts and issues leaders and develops action plans and contingency plans to achieve budgeted results. • Responsible for developing and presenting continuing financial education for directors and managers, including development of class content and presentation of materials in class and small group settings. • Leads and participates in projects or initiatives spanning the broader financial operations function. Accountable for leading, guiding, and directing the Trinity Health regional area functional responsibilities. Enable regional level strategy to address internal or external business & regulatory issues; provide functional expertise and ensure fulfillment of performance and service standards. Responsible for consistent operating performance and achieving financial goals. Identifies, defines & solves complex problems that impact the management & direction of the business; Collaborate with Service Area, Regions, and Health Ministries to ensure consistency and integration of strategy and operations. Maintaining awareness of new industry developments and standards. Provides decision support, operations &/or optimization leadership focus. Note: “patients” refers to patients, clients, residents, participants, customers, members Essential Functions Our Trinity Health Culture: Knows, understands, incorporates & demonstrates our Trinity Health Mission, Values, Vision, Actions & Promise in behaviors, practices & decisions. Leadership • Providing advice, guidance, and leadership to RHM and Market/Ministry leaders in developing strategies and in the achievement of performance goals. • Enable Collaboration across and within Service Area, RHM, and Markets to ensure consistency and integration of strategy and operations Direction and Growth • Providing advice, guidance, and leadership to Service Area function, RHM, and Markets. • Leading standardization/systemness and optimization of policy, process, methodology, establishing a national community of practice • Oversee Vendor/Contract Labor Management including centralizing strategy and optimizing spend Strategic Support & Accountability Collaborates in system-wide strategy development and deployment of functional area priorities and initiatives Responsible for supporting regional efforts to comply with functional area priorities Accountable for the selection, evaluation, and overall success of the functional leadership teams Organization-wide focal point for establishing functional strategies and governance over financials and staffing Accountable for communication between Service Area function, RHM, and Markets leader Operational Delivery Implement and drive the financial strategies for the service area Responsible for measuring and reporting KPIs/metrics and value delivery Providing advice, guidance, and leadership for the colleague life cycle Maintains a working knowledge of applicable Federal, state & local laws/regulations, Trinity Health Integrity & Compliance Program & Code of conduct, as well as other policies & procedures in order to ensure adherence in a manner that reflects honest, ethical & professional behavior. Functional Role (not inclusive of titles or advancement career progression) Provides financial leadership and operational support for Trinity Information Services (TIS). Leads a team of financial professionals and ensures effective processes for capital and operating budgets, variance analysis, and financial reporting. Responsible for managing financial planning, budgeting, forecasting, and reporting processes to ensure accuracy, compliance, and alignment with standards. Accountable for long range financial planning, capital planning, and operating budget development, complex generally accepted accounting standards, forecasting and modeling of complex business cases for governance and executive leadership. Leads the development of the annual operating budget including complex allocation models and budgeting for the annual financial value of approved projects. Verifies the integrity of the operating and capital results by measuring, projecting and analyzing variances from budget and recommending appropriate action to TIS leadership. Responsible for the development, implementation and maintenance of models and templates used in capital and operating budgets and forecasting efforts. Monitors capital spending and reviews financial analysis and results for the Project Accounting system used by TIS. In alignment with the VP of Financial Operations, provides direction to Ministry CFOs on capital spending and GAAP treatment and consultation related to capital requirements and ROI models. Communicates financial results, forecasts and issues leaders and develops action plans and contingency plans to achieve budgeted results. Responsible for developing and presenting continuing financial education for directors and managers, including development of class content and presentation of materials in class and small group settings. Leads and participates in projects or initiatives spanning the broader financial operations function.

Requirements

A Bachelor’s degree in Business Administration, Accounting or Finance, or related field required or equivalent combination of education and experience.
Seven (7) to Ten (10) years experience in financial management with progressively increasing responsibility.

Nice To Haves

A Master’s degree or Certified Public Accountant (CPA), preferred.
Multi-hospital experience is strongly preferred with experience in working in a complex delivery system.
Five (5) years’ experience as a director in a hospital setting at a multi-site, complex healthcare organization.

Responsibilities

Leads a team of financial professionals and ensures effective processes for capital and operating budgets, variance analysis, and financial reporting.
Responsible for managing financial planning, budgeting, forecasting, and reporting processes to ensure accuracy, compliance, and alignment with standards.
Accountable for long range financial planning, capital planning, and operating budget development, complex generally accepted accounting standards, forecasting and modeling of complex business cases for governance and executive leadership.
Leads the development of the annual operating budget including complex allocation models and budgeting for the annual financial value of approved projects.
Verifies the integrity of the operating and capital results by measuring, projecting and analyzing variances from budget and recommending appropriate action to TIS leadership.
Responsible for the development, implementation and maintenance of models and templates used in capital and operating budgets and forecasting efforts.
Monitors capital spending and reviews financial analysis and results for the Project Accounting system used by TIS.
In alignment with the VP of Financial Operations, provides direction to Ministry CFOs on capital spending and GAAP treatment and consultation related to capital requirements and ROI models.
Communicates financial results, forecasts and issues leaders and develops action plans and contingency plans to achieve budgeted results.
Responsible for developing and presenting continuing financial education for directors and managers, including development of class content and presentation of materials in class and small group settings.
Leads and participates in projects or initiatives spanning the broader financial operations function.
Accountable for leading, guiding, and directing the Trinity Health regional area functional responsibilities.
Enable regional level strategy to address internal or external business & regulatory issues; provide functional expertise and ensure fulfillment of performance and service standards.
Responsible for consistent operating performance and achieving financial goals.
Identifies, defines & solves complex problems that impact the management & direction of the business
Collaborates with Service Area, Regions, and Health Ministries to ensure consistency and integration of strategy and operations.
Maintaining awareness of new industry developments and standards.
Provides decision support, operations &/or optimization leadership focus.
Providing advice, guidance, and leadership to RHM and Market/Ministry leaders in developing strategies and in the achievement of performance goals.
Enable Collaboration across and within Service Area, RHM, and Markets to ensure consistency and integration of strategy and operations
Providing advice, guidance, and leadership to Service Area function, RHM, and Markets.
Leading standardization/systemness and optimization of policy, process, methodology, establishing a national community of practice
Oversee Vendor/Contract Labor Management including centralizing strategy and optimizing spend
Collaborates in system-wide strategy development and deployment of functional area priorities and initiatives
Responsible for supporting regional efforts to comply with functional area priorities
Accountable for the selection, evaluation, and overall success of the functional leadership teams
Organization-wide focal point for establishing functional strategies and governance over financials and staffing
Accountable for communication between Service Area function, RHM, and Markets leader
Implement and drive the financial strategies for the service area
Responsible for measuring and reporting KPIs/metrics and value delivery
Providing advice, guidance, and leadership for the colleague life cycle
Maintains a working knowledge of applicable Federal, state & local laws/regulations, Trinity Health Integrity & Compliance Program & Code of conduct, as well as other policies & procedures in order to ensure adherence in a manner that reflects honest, ethical & professional behavior.