About this role
When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.
Participates and supports strategic planning in concert with Hospital Division goals that contribute toward market growth, revenue enhancement, cost containment and maximizing productivity. Establishes an integrated financial plan of operation (short and long term) compatible with Hospital objectives and enterprise wide objectives. Responsible for the development and management of the annual operating plan and capital plan for Hospital Division and Corporate Departments.
Job Description:
Primary Responsibilities:
1. Interact proactively and collaboratively with executive leadership teams on a regular basis. (essential)
2. Lead the budget and resource planning process including, but not limited to, the annual planning cycle, periodic forecasting, and scenario analysis, in conjunction with ad-hoc analytics and initiatives for the various business segments. (essential)
3. Build clear, accurate and reliable predictive forecast modeling for multiple functional areas. (essential)
4. Review historical data, analyze and explain budget variances. (essential)
5. Liaise with Operations and Finance to obtain a detailed understanding of the annual budget, monthly reporting information and forecast, and identify strategic opportunities and/or risks. (essential)
6. Analyzes capital and business plan requests, reviews the financial impact of these requests, including, but not limited to, internal rate of return, net revenue impact, etc. (essential)
7. Coordinate, prepare and analyze quarterly and annual rolling forecasts and prepare reporting on actuals vs. budgeted results, including additional ad-hoc analysis on results. (essential)
8. Work with the VP, CFO FP&A Support Services to assist in the development of a strategy and plan for the department which includes strategic and transformational projects to drive continual automation and work reduction tools and processes to support effective, and accurate financial planning across the company. (essential)
9. Provide high quality and timely analytical support for projects, strategic initiatives, and other ad-hoc requirements. (essential)
10. Interfaces with the Decision Support Services (DSS) department in the development of departmental cost standards. Actively utilizes the DSS system in the evaluation of clinical service line profitability analysis. (essential)
11. Has the responsibility to lead and support managers and directors in developing and improving operations to create optimal performance levels. Direct Reports: 2-3 Indirect Reports: None
12. Has full responsibility for planning, monitoring and managing department budget.
Required Qualifications:
- Bachelor's degree in Business, Finance, or Accounting required. Master's degree preferred.
- More than 10 years related work experience required in Financial Planning & Analysis, Healthcare Management, and/or Strategic Planning required with progressively increasing responsibility and scope. and 1-3 years supervisory/management experience required
- Advanced proficiency in Microsoft Excel and financial reporting and budgeting systems; Axiom experience is a plus; experience with Tableau preferred. Advanced modeling skills required.
- Advanced skills with Microsoft applications which may include Outlook, Word, Excel, PowerPoint or Access and other web-based applications. May produce complex documents, perform analysis and maintain databases.
Competencies:
Decision Making: Ability to make decisions with significant, broad implications for the management and operations of a major department or multiple departments. Participates in decisions on overall strategy and direction of the organization.
Problem Solving: Ability to address problems that are broad, complex and abstract, often involving Medical Center-wide issues and requiring substantial creativity, resourcefulness, staff engagement, Lean diagnostic techniques, negotiation and diplomacy to develop solutions.
Independence of Action: Ability to set direction and vision for major departments or multiple departments. Establishes priorities, develops policies and allocates resources.
Written Communications: Ability to communicate complex information in English effectively in writing to all levels of staff, management and external customers across functional areas.
Oral Communications: Ability to verbally communicate complex concepts in English and address sensitive situations, resolve conflicts, negotiate, motivate and persuade others.
Knowledge: Ability to demonstrate broad and comprehensive knowledge of theories, concepts, practices and policies with the ability to use them in complex and/or unprecedented situations across multiple functional areas.
Team Work: Ability to lead and direct multiple collaborative teams for large projects or groups both internal and external to the Medical Center and across functional areas. Results have significant implications for the management and operations of the organization.
Customer Service: Ability to lead operational initiatives to meet or exceed customer service standards and expectations in assigned unit(s) and/or across multiple areas in a timely and respectful manner.
Social/Environmental Requirements:
- Work requires close attention to task for work to be accurately completed. Intermittent breaks during the work day do not compromise the work.
- Work is varied every day and the employee needs to be adaptable to respond to these changes and use independent judgment and manage priorities.
- No substantial exposure to adverse environmental conditions
- Health Care Status: NHCW: No patient contact.- Health Care Worker Status may vary by department
Sensory Requirements:
Close work (paperwork, visual examination), Color vision/perception, Visual monotony, Visual clarity > 20 feet, Visual clarity <3 feet, Conversation, Telephone.
Physical Requirements:
Sedentary work: Exerting up to 10 pounds of force occasionally in carrying, lifting, pushing, pulling objects. Sitting most of the time, with walking and standing required only occasionally
This job requires frequent sitting, Keyboard use.There may be occasional walking, standing.
Pay Range:
$150,000.00 USD - $165,000.00 USD
The pay range listed for this position is the annual base salary range the organization reasonably and in good faith expects to pay for this position at this time. Actual compensation is determined based on several factors, that may include seniority, education, training, relevant experience, relevant certifications, geography of work location, job responsibilities, or other applicable factors permissible by law.