Healthcare Finance Decision Support Manager - StrataJazz
About The Position
We are seeking an experienced Healthcare Finance Decision Support Manager with strong StrataJazz / STRATA, hospital finance, cost accounting, budgeting, and financial forecasting experience. This position will lead healthcare financial decision support activities including service line profitability, physician practice P&Ls, cost accounting, productivity reporting, financial modeling, rolling forecasts, reimbursement analysis, and strategic financial planning. Candidates should have significant experience working within a hospital, health system, or healthcare organization and hands-on experience with StrataJazz or STRATA Decision Support software. This is an onsite management position in Dover, Delaware.
Requirements
- Bachelor's degree in Finance, Accounting, Business, Healthcare Administration, or related field.
- Minimum 10 years of experience in one or more of the following: Healthcare Finance, Hospital Finance, Decision Support, Cost Accounting, Budgeting, Financial Planning & Analysis (FP&A), Financial Forecasting.
- Hands-on experience with STRATA or StrataJazz financial software.
- Strong healthcare or hospital industry experience.
- Experience with financial forecasting and budgeting.
- Experience with hospital cost accounting and service line profitability.
- Experience developing financial feasibility studies and financial models.
- Strong knowledge of ROI, NPV, IRR, and capital investment analysis.
- Strong Excel, analytical, reporting, and financial modeling skills.
- Experience presenting financial information to senior leadership.
Nice To Haves
- MBA, MHA, Master's in Finance, Accounting, or related discipline.
- Advanced experience with StrataJazz.
- Experience with StrataJazz Decision Support, StrataJazz Cost Accounting, StrataJazz Planning, StrataJazz Forecasting, Rolling Forecasts, Service Line Profitability.
- Hospital reimbursement or healthcare contracting experience.
- Physician reimbursement experience.
- Bundled payment experience.
- Healthcare or financial professional certification.
- Previous management or supervisory experience.
Responsibilities
- Manage the healthcare Decision Support and Cost Accounting system, including STRATA / StrataJazz.
- Support and maintain StrataJazz Decision Support, Cost Accounting, Budgeting, and Forecasting functions.
- Prepare monthly service line Profit & Loss statements (P&Ls) and physician practice P&Ls.
- Analyze hospital and service line profitability, expenses, reimbursement, and financial performance.
- Develop financial feasibility studies for strategic initiatives and capital projects.
- Perform financial modeling including: ROI, NPV, IRR, Payback period, Cost analysis, Reimbursement analysis.
- Assist with implementation and ongoing maintenance of the STRATA rolling forecast module.
- Lead budgeting, forecasting, productivity reporting, and financial variance analysis.
- Partner with hospital leadership to review service line financial performance and unfavorable budget variances.
- Develop financial and operational performance improvement recommendations.
- Validate healthcare cost structures and cost allocation methodologies.
- Generate financial reports supporting annual audits, cost reports, community benefit reporting, GME reporting, FEMA reporting, and Single Audits.
- Provide financial information for external reporting and rating agencies including S&P, Fitch, DAC, and EMMA.
- Train hospital managers and directors on productivity and financial decision support tools.
- Manage ad hoc financial analysis and executive reporting requests.
- Support ERP, financial system, leasing software, and decision support implementations.
- Mentor Decision Support and financial analysis staff.
- Work closely with Finance, Accounting, Revenue Cycle, Operations, Reimbursement, and executive leadership.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
