Executive Director - Financial Planning & Analysis

Category: Finance & Accounting
Job Type: Full time
Shift: Day - 08 Hour
Location: Menlo Park, CA
Req: P
Employee Group: Exempt
Benefits Eligible: Yes
Remote Eligible: Yes
Department: Financial Planning and Reporting
Scheduled Weekly

Hours:

40

At Lucile Packard Children’s Hospital Stanford, we know world-renowned care begins with world-class caring. That's why we combine advanced technologies and breakthrough discoveries with family-centered care. It's why we provide our caregivers with continuing education and state-of-the-art facilities, like the newly remodeled Lucile Packard Children's Hospital Stanford. And it's why we need caring, committed people on our team - like you.

Join us on our mission to heal humanity, one child and family at a time.
Job : P

This paragraph summarizes the general nature, level and purpose of the job.

The Executive Director of Financial Planning & Analysis (FP&A) provides enterprise-wide financial leadership for Stanford Medicine Children's Health. Reporting directly to the Vice President of Finance, the Executive Director will have full ownership of the operating budget process, including design, execution, and reporting to senior leadership. This role will oversee and implement annual updates to the long-range financial plan, partnering closely with strategy, service lines, and operational leaders throughout the organization.

In addition, the Executive Director will oversee labor productivity reporting and analysis, external benchmarking, and new financial reporting to allow for deeper insights into the enterprise financial performance and operational efficiency. This position will be a key advisor to senior leadership and will be responsible for preparing financial updates that are presented to the Board of Directors.

• Operating Budget Leadership:
  
  Own the operating budget process from end-to-end, including the design of the budget framework, coordination of department submissions, and preparation of executive-level reports and analysis for senior leadership.
• Operational and Financial Transformation:
  Serve as the finance lead for the three-year $230M savings initiative, ensuring rigorous financial tracking and benefit validation.
• Long-Range Financial Plan:
  Update and maintain the long-range financial plan, including the integration of the Operational and Financial Transformation program results and strategic growth investments.
• Financial Analytics and Reporting:
  Oversee labor productivity reporting and analysis, external benchmarking submissions, and other reporting to drive operational efficiency and margin improvement.
• Board and Executive Reporting:
  Prepare financial updates and key performance insights for the Board of Directors, ensuring clear and actionable information for enterprise decision-making.

Any combination of education and experience that would likely provide the required knowledge, skills and abilities as well as possession of any required licenses or certifications is qualifying.

Education: Bachelor's degree in Finance, Accounting, Economics or related field/discipline from an accredited college or university.

Master’s degree or MBA is strongly preferred.

Experience: Ten (10) years of progressive experience in financial planning and analysis, healthcare finance, or a related discipline including five (5) years of senior leadership experience.

License/Certification: None required.

CPA, CFA, or FHFMA preferred.

These are the observable and measurable attributes and skills required to perform successfully the essential functions of the job and are generally demonstrated through qualifying experience, education or licensure/certification.

• Executive presence with the ability to influence and partner with senior leaders.
• Broad expertise in healthcare finance.
• Ability to lead highly complex operating strategies with financial planning objectives.
• Strong communications and relationship building skills to influence executives, clinical and operational leaders.
• Ability to translate complex financial information into concise recommendations.

The Physical Requirements and Working Conditions in which the job is typically performed are available from the Occupational Health Department. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job.

Pay Range
Compensation is based on the level and requirements of the role.
Salary within our ranges may also be determined by your education,…