Director of Financial Planning
About The Position
Frederick Health is seeking a Director of Financial Planning and Analysis. The person selected for this position will direct the preparation of annual budgets, including operating, capital and cash. Coordinate all activities of this preparation in coordination with Finance leadership. Collaborate and provide training to all department managers prior, during and after budget preparation to obtain an optimal budget plan and approved budget spread. Provide monthly monitoring and analysis for performance to budgeted volume and expense levels. Work with respective VPs and/or financial representatives to investigate variances. Provide biweekly productivity reporting to the organization. Update productivity measures annually in coordination with benchmarking consultant and department managers. Monitor productivity trends and report impact to financial performance on a monthly basis. Provide labor analytics at financial close meetings to gauge volume and rate components of labor variance. Work with Supply Chain to analyze supply spend and utilization on a per unit basis. Provide trend information to key stakeholders on a monthly basis.
Requirements
- Bachelor’s degree in accounting or business.
- Eight years of hospital or health care experience, with supervisory experience.
- Advanced proficiency and accuracy in the use of software programs such as MS Word, Excel, PowerPoint, Access and Outlook.
- Excellent communication skills, both verbal and written.
- Strong organizational skills and ability to prioritize and manage multiple tasks.
- Ability to work professionally with a diverse population base.
- Ability to maintain a high level of confidentiality.
- Ability to analyze and solve problems.
Nice To Haves
- Maryland hospital experience is optimal.
- CPA and/or MBA preferred.
Responsibilities
- Direct the preparation of annual budgets, including operating, capital and cash.
- Coordinate all activities of budget preparation in coordination with Finance leadership.
- Collaborate and provide training to all department managers prior, during and after budget preparation to obtain an optimal budget plan and approved budget spread.
- Provide monthly monitoring and analysis for performance to budgeted volume and expense levels.
- Work with respective VPs and/or financial representatives to investigate variances.
- Provide biweekly productivity reporting to the organization.
- Update productivity measures annually in coordination with benchmarking consultant and department managers.
- Monitor productivity trends and report impact to financial performance on a monthly basis.
- Provide labor analytics at financial close meetings to gauge volume and rate components of labor variance.
- Work with Supply Chain to analyze supply spend and utilization on a per unit basis.
- Provide trend information to key stakeholders on a monthly basis.
Benefits
- Health, Dental and Vision insurance
- Life insurance
- Short-Term Income Replacement
- Long-Term Disability
- Robust Paid Time Off program
- 403B retirement plan with employer match
- Free financial planning sessions
- Educational assistance program
- Employer paid Employee Assistance Program
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What This Job Offers
Job Type
Full-time
Career Level
Director
