Dir Financial Planning; BHS

Reports to the Executive Director of Financial Planning. Directs and oversees financial planning activities for operational unit(s) within the Health System. Works with Executive Leadership of the operational unit(s) and Health System. Is responsible for identifying financial trends and analyzing the financial implications of strategic and operational initiatives. Directs, coordinates, and controls the development of annual and long-range financial planning for capital and operations, review of financial viability of existing programs, monthly reporting/variance review, and proforma development.

Oversees, quantifies, and drives various revenue enhancement and cost containment initiatives. Directs the process of development and consolidation of entity budgets and capital plans.

• MISSION:
  We deliver outstanding care, inspire health, and connect with heart.
• VALUES:
  Trust, Respect, Integrity, Compassion.
• SERVICE GOALS:
  Personally connect, Keep everyone informed, Be on their team.

• Directing the development and analysis of various financial reports to identify areas of improvement, assess departmental/divisional performance and provide actionable feedback to leadership.
• Coordinating the preparation of periodic financial analysis reports, program costing, analysis of cost reduction proposals, overtime and FTE usage, lease-purchase analysis, and expense variance analysis statistical reports by directing, developing, coordinating, reviewing assumptions and ensuring reasonableness.
• Designing and running various computer reports and analyses to identify trends. Providing analysis and recommendations to executive leadership on identified issues.
• Presenting financial information to executive management, leadership and other designated groups.
• Reviewing monthly variances against budget to identify, isolate causes and recommend steps to eliminate variances.
• Maintaining responsibility for the coordination and implementation of strategic rate adjustments to maximize cash flow and income by monitoring revenue variances, providing analysis on rate restructuring, analyzing variances, recommending corrective action and notifying departments and outside agencies per contractual agreements. Ensuring accurate coding of patient charge items, complying with federal regulations and local medical review policies where appropriate.
• Maintaining responsibility for consolidated cash flow forecasting by reviewing reasonableness of assumptions.
• Directing short- and long-term financial planning, including capital as well as operating plans, by coordinating plans, reviewing assumptions and validity of data, and preparing administrative and Board reports.
• Preparing consolidated financial reports for all entities relating to operating and capital budgeting and long‑range plans.
• Providing technical support in year‑end audit preparation and monthly report development to other financial departments.
• Providing financial information to numerous outside agencies by gathering data, reviewing for consistency, and preparing reports.
• Developing and producing benchmark data and ensuring that comparative data is reported to management and providers in a timely, usable manner.
• Providing ongoing technical and financial guidance to leadership regarding departmental financial reports.
• Directing, reviewing and mentoring financial analysts' work to ensure timeliness, completeness, and accuracy.
• Educating, assisting and facilitating the effective use of financial reports and analysis.
• As directed, developing, modeling, recommending, implementing, maintaining and monitoring all aspects of physician compensation and production, including working closely with Human Resources, Medical Group executive leadership, and the Executive Director on all aspects of physician compensation and incentives.

• Directing the overall process to create the annual budget in cooperation with Health System objectives.
• Establishing a timeline and ensuring budget work is completed on time per budget targets…