Institute and Market Finance Director I
About The Position
The Institute and Market Finance Director I leads financial operations for Mercy and Medina Hospitals, partnering with executive leadership and providers to drive service line financial performance and support enterprise objectives. The role oversees monthly financial operations and performance metrics, annual financial planning, business plan development, and staff development, while identifying opportunities to improve financial performance. The director works closely with executive teams, meets regularly with providers, and presents financial performance and strategic recommendations at quarterly board meetings. The position offers growth-oriented projects, mentorship, exposure to institute and department leadership, and professional development opportunities. The role works days from 8:00 a.m. to 5:00 p.m. and is 80%–100% onsite, with work at Mercy 2–3 days per week and Medina 1–2 days per week. The caregiver must be available after hours for support and able to travel throughout the hospital system and, in some locations, off-site.
Requirements
- Bachelor’s degree in business, finance, accounting, or a related field.
- Six years of experience in business management, strategic initiatives, operational and capital budgeting processes, financial analysis, and reporting.
- Advanced knowledge of accounting principles, financial planning, forecasting and analysis, budget development, strategic and business plan development, project management, financial statements, and financial systems.
- Ability to work in a stressful, complex, and matrixed organization.
- High-level management and leadership skills.
- Ability to operate a computer and other office equipment.
- Ability to travel throughout the hospital system and, in some locations, off-site.
- Ability to communicate and exchange accurate information.
- Must be available after hours for support.
- Follow standard precautions and use personal protective equipment as required.
Nice To Haves
- MBA.
- Certified Public Accountant (CPA) or related qualification.
- Hospital finance experience.
- Three years of supervisor and/or project management experience.
- Experience with EPIC and technical skills with Oracle Snowflake, Tableau, or Strata.
- Experience with MS Excel pivot tables.
Responsibilities
- Plan, organize, and direct strategic staffing activities, including hiring, orientation, performance management, employee engagement, and continuing education in a matrix environment.
- Oversee financial operations, including financial reporting, month-end financial close, and partnership on cost accounting.
- Apply knowledge of applicable statutory, regulatory, and administrative requirements and ensure compliance with internal controls.
- Lead monthly departmental financial review meetings and provide analysis, interpretation, and recommendations for corrective action as needed.
- Collaborate with market, institute, and enterprise leadership to establish and monitor key financial performance metrics and measures.
- Monitor service line financial performance and new business development, and recommend financial improvements.
- Lead assigned areas through approved enterprise or corporate initiatives, including financial planning, capital planning, and business planning.
- Prepare and present financial performance information to leadership groups.
- Partner with RCM and MNS to monitor revenue cycle and reimbursement performance.
- Perform other duties.
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What This Job Offers
Job Type
Full-time
Career Level
Director
