Financial Manager - Pharmacy

Primary Functions

Financial Performance Manager - Pharmacy is responsible for planning, evaluating, coordinating, administering, implementing and reviewing all pharmacy financial activities. This includes the preparation of the expense and capital budgets, preparation of financial reports and statistics, analysis and assessment of financial benchmark data, assisting with the evaluation of new programs that could impact the finances of the pharmacy in collaboration with Finance and Pharmacy Leadership.

The position will support and manage daily financial business issues and challenges for the Pharmacy Department, such as pharmacy charge capture, cost savings opportunities, 340B, and implementation of efficient business operations. It completes ongoing financial performance analyses of new/existing contracts, programs, and services, and acts as a collaborative resource and financial performance expert for departments, divisions, leaders, and administrators to drive sound decision making through continuous fiscal monitoring and analysis of key performance indicators.

The role monitors and collaborates with corporate accounting on monthly financial close activities, reports monthly close data, identifies and communicates opportunities to improve service, outcomes, productivity, and efficiency, consistently demonstrating sound financial leadership and advocating best practices to achieve sustained fiscal success.

• Maintain responsibility for financial monitoring system, including analysis of financial statements, budget variances, and performance indicators.
• Participate in Continuous Improvement activities and reporting, including Model Line research and Financial Analysis.
• Cooperate with Nemours Children's Health Florida, department managers, and administrators to develop and monitor operational and capital budgets that reflect realistic financial goals.
• Assist in identifying, developing, and maintaining productivity measurements relative to consumed resources.
• Identify and investigate revenue enhancement opportunities, work to maximize profitability related to the revenue cycle, provide support to personnel in scheduling, registration, and billing, and collaborate with billing staff and patient financial services to ensure a customer/patient focused process.
• Prepare analyses that reflect opportunities for revenue enhancement or expense control.
• Conduct cost analyses for specific pharmacy programs, procedures, or activities as requested.
• Meet with department directors to review financial results and objectives; meetings may include hospital administrators, directors, or other corporate or local operations personnel.
• Communicate routinely with administrators and other personnel to assess satisfaction with Finance department support and pursue resolution of issues.
• Attend meetings and participate in departmental activities at Nemours Children's Health, FL and Nemours Foundation as appropriate.
• Ensure implementation and leadership consistency around procedures related to expense reimbursements for meals, travel, dues, subscriptions, etc.
• Assure compliance with all legal and regulatory requirements pertinent to job responsibilities.
• Provide training for staff from relevant departments where appropriate.
• Work as an integral member of Finance and Pharmacy Leadership Teams on special projects identified by Nemours Children's Health – Florida administrators/Directors/Managers.
• Eagerly perform other duties as assigned.

Bachelor's degree required, preferably in Accounting or Finance. Hospital, Physician Practice, Healthcare Accounting, or Finance-related experience preferred.

Healthcare experience in a mid-level accounting/finance role.

Successful track record in fiscal performance leadership, process improvement, and meeting established goals and benchmarks.

Strong analytical, communication, and financial leadership skills, plus strong computer skills.

Self-directed and organized, with the ability to work on multiple projects, prioritize tasks, and meet deadlines.

Prior experience with budget development, financial forecasting, assessment of cost effectiveness of systems, people, space planning, and personnel management.

Reputation as a change agent with high levels of influence regardless of reporting relationships.

Demonstrated success with applying performance improvement methodologies, project team facilitation, and/or system development applications.

Proven track record of working collaboratively with physicians and executive administration in a healthcare environment.