Director Finance

Job Summary Financial Reporting & Close

• Lead monthly and annual financial close processes
• Ensure financial statements are accurate and compliant with GAAP
• Oversee financial performance across all entities (hospital, clinics, joint ventures)
• Analyze variances, trends and key performance indicators (KPIs)
• Ensure timely and accurate consolidated financial reporting and reconciliations
• Oversee preparation of monthly, quarterly, and annual financial statements
• Prepare reports for Finance Committee and Board
• Standardize financial processes across the health system

• Ensures compliance with healthcare regulations and financial policies
• Oversee internal controls and audit processes
• Coordinate with external auditors and regulatory agencies

• Establish policies and procedures for the budget process
• Serve as a resource for directors and managers on the budgeting tools and processes
• Oversee preparation and distribution of budget-related information
• Maintain and optimize budget software system
• Ensure accuracy of forecast and financial projections

• Oversee preparation and review budget variance analysis
• Monitor financial metrics against benchmarks
• Collaborate with departments to meet budget and clinical benchmarks
• Evaluate operational performance and recommend improvements

• Ensure accuracy and timely distribution of statistical reports (daily, weekly, monthly, quarterly, annual)
• Oversee physician reporting and month-end statistical reporting processes

• Plans, analyzes and implements actions necessary to achieve established fiscal year department productivity benchmarks.
• Analyzes industry trends in the development of department operational needs.
• Collaborates with other departments to achieve organizational budget and clinical benchmarks.
• Analyzes current operational functions and industry trends to validate benchmark targets. Defines and promotes new targets based on research and consideration of overall hospital operations.

• Interviews, selects, and hires the most appropriate job candidate. Seeks additional input from department members and delegates components of hiring process as appropriate.
• Ensures department specific orientation, initial, and annual competencies are completed as per policy.
• Clearly articulates expectations and monitors performance.
• Delegates authority and responsibility with the latitude to do a task independently. Defines parameters and lets others learn from mistakes in a safe environment.
• Devotes time to listen, provide coaching, and mentoring for individual development.
• Identifies needs and provides developmental opportunities, assignments, and training.
• Provides feedback for improvement in a timely manner and utilizes progressive discipline as needed.

• Acts as an expert resource for physicians, staff and management team.
• Uses problem solving strategies and a "win-win" approach to meet internal and external customer’s needs.
• Listens to internal and external customers, uses a non-defensive approach, and resolves interdisciplinary issues.
• Trains staff to recognize and respond appropriately to the internal and external customer.

• Plans, develops and implements new services/programs based on awareness of industry trends, organizational goals, and community needs.
• Solicits input and active participation from key internal and external partners to develop strategic planning initiatives and operational budgets.
• Develops, implements and communicates departmental goals in support of the strategic plan and measures progress toward achievement of goals.
• Responds to immediate events that can affect long term goals of the hospital systems and collaborates to change the strategic approach or re-evaluates business…