Senior Director Finance Hospital Operations R35787

Baystate Health • Springfield, MA

269d

About The Position

The BH Senior Director of Finance - Hospital Operations & System Budgets is responsible for developing strategy, delivering analyses, and implementing performance improvements related to the operational financial performance of Baystate Health. The incumbent works in close partnership with entity Operations Leadership and their Teams as the Finance division's key liaison to other Finance departments while supporting the business operations and financial goals of BH. The Senior Director of Finance - Hospital Operations & System Budgets leads all operating and capital budget activities. The incumbent is responsible for providing effective management of Budget & Business Performance, and oversight of the Finance Teams at BFMC, BNH, and BWH, respectively. The BH Senior Director of Finance - Hospital Operations & System Budgets reports directly to the Vice President of Finance, Support Services. In addition, the incumbent maintains a matrix reporting relationship to the President of BMC and the President of the Community Hospitals. The BH Senior Director of Finance - Hospital Operations & System Budgets develops & maintains excellent relationships with Operations management and is a major liaison in the partnership between Finance and Operations. The incumbent continually monitors, interprets, and analyzes the financial performance of all BH hospitals. In short, the BH Sr. VP of Finance & CFO, as well as the VP of Finance - Support Services charge the incumbent with taking the lead role in mobilizing Finance and Operational Leadership colleagues in response to urgent requests, special projects, and associated analytics in order to develop recommendations to improve BH financial performance.

Requirements

• 10+ years of experience in a hospital financial setting.
• Bachelor of Science in Finance, Accounting, or Economics.

Nice To Haves

• Master of Science and/or CPA.

Responsibilities

• Conduct annual performance evaluations for staff in Workday and engage in conversations regarding performance, ladder movement, and growth.
• Monitor, interpret, and lead the analysis of the financial performance for the Health System and develop recommendations to improve performance.
• Oversee the financial performance of Baystate Medical Practices (BMP) and collaborate with physician leaders to evaluate new providers, practices, and programs.
• Lead the financial oversight, tracking, and reporting for Baystate Health and Baystate Administrative Services.
• Contribute to the system-wide Baystate Financial Improvement Team (BFIT) to enhance BH financial performance.
• Coordinate the system-wide budget development process and communicate BH financial performance.
• Provide management oversight of the Budget & Business Performance for the Health System.
• Develop exceptional relationships with Operations management and support business needs.
• Lead initiatives to enhance business performance monitoring and analytics.
• Serve as the financial leadership liaison to Baystate Home Health and support financial management staff.

Benefits

• High-quality, low-cost medical, dental and vision insurance.
• Generous PTO - up to 25 days in the first year, with scheduled earned increases.
• Continuing education support and reimbursement.
• First Time Home Buyers Financial Packages.
• Farm Share Memberships.
• 403b retirement company match & annual company contribution increase based on years of service.
• Free money coach advice from a certified professional.
• Wellbeing programs that include mental, physical, and financial health.
• Pet, home, auto and personal insurance.
• Life insurance.
• Reimbursement for wellbeing activities, including gym membership and equipment.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Hospitals
• Education Level: Bachelor's degree