Institute and Market Finance Director I

Cleveland Clinic•Medina, NY

7d•Hybrid

About The Position

Join the Cleveland Clinic team, where you will work alongside passionate caregivers and provide patient-first healthcare. Cleveland Clinic is recognized as one of the top hospitals in the nation. At Cleveland Clinic, you will receive endless support and appreciation and build a rewarding career with one of the most respected healthcare organizations in the world. As an Institute and Market Finance Director I, you will lead financial operations for the Mercy and Medina Hospitals, partnering closely with executive leadership and providers to drive service line financial performance and support enterprise objectives. This role oversees monthly financial operations and performance metrics, annual financial planning, business plan development, and staff development while identifying opportunities to improve financial performance across assigned areas. The ideal candidate will have a strong executive presence and exceptional communication skills, as this role works closely with executive teams at Mercy and Medina, regularly meets with providers, and presents financial performance and strategic recommendations at quarterly board meetings. This is a rewarding opportunity that offers growth-oriented projects, mentorship, and strong support and resources. You will gain valuable exposure to both institute and department leadership while having numerous opportunities for professional development and career growth. A caregiver in this role works days from 8:00 a.m. – 5:00 p.m. This position is 80%–100% onsite, with caregivers working at Mercy 2–3 days per week and Medina 1–2 days per week.

Requirements

Bachelor’s degree in business, Finance, Accounting, or 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 statement, and financial system experience
Ability to work in a stressful, complex, and matrixed organization
High-level management and leadership skills

Nice To Haves

MBA
Certified Public Accountant (CPA) or related
Healthcare experience
Three years of supervisor and/or project management experience
Experience with EPIC, tech skills (Oracle Snowflake, Tableau or Strata)
Experience with MS Excel pivot tables

Responsibilities

Plan, organize, and direct all strategic activities related to staffing, including hiring, orienting, performance management, employee engagement, and continuing education initiatives in a matrix environment.
Oversee financial operations of the assigned area including financial reporting, month-end financial close, and partnering on cost accounting.
Demonstrate strategic and high-level knowledge of applicable statutory, regulatory, and administrative requirements relative to operations 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 metrics and measures for financial performance.
Monitor service line financial performance and new business development including recommendations for financial improvement.
Lead areas through approved key enterprise, or corporate initiatives, including financial planning, capital planning, and business planning.
Prepare and present financial performance to various leadership groups.
Partner with RCM and MNS to monitor revenue cycle and reimbursement performance.
Other duties.