Position Summary/ Department Summary:
Directs and manages the day-to-day operations of the Department & Foundation finance operations. Develops systems, policies, procedures, and personnel to ensure full compliance with Hospital and Foundation regulations and guidelines. Provides full financial services to the Department’s management team, including operating and capital budget preparation and monitoring, as well as ongoing variance reporting to the Department’s management team and Hospital senior management.

Key Responsibilities:

• Directs and manages the day-to-day operations of the department’s finance operations. Supervises Hospital and contract staff in accounting and billing. Establishes priorities, reviews progress, and problem solves.
• Collaborate with the Hospital finance department to ensure that the department’s needs are recognized, represented, and reflected in changes to the Hospital’s financial systems. Ensures the timely and accurate transfer of financial data to the finance department for inclusion in institutional financial statements and reports.
• Interprets Hospital, Physician’s Organization, government, and Financial Accounting Standards Board regulations and issues related to financial management and accounting. Communicates their existence and impact on the department and foundation management team. Negotiates with Hospital administration, department management, and PIs regarding difficult financial issues pertaining to all phases of financial management.
• Provides a myriad of financial analyses of the department’s activities to determine appropriate level of funding, expenses, overhead, trends, projections, and other needs of the department, to Hospital and Foundation senior management.
• Works with Hospital administration, department management, and PIs to identify and resolve problems with systems, procedures, policy, or other financial issues and, where appropriate, develops new systems or other alternatives that result in improved service and/or more cost efficiencies.
• Supports the Foundation annual independent audit, including preparing the financial statements, supporting schedules, and variance reporting, and assesses and responds to any findings.
• Develops alternative strategies and solutions to identified control or procedural weaknesses, whether identified via an audit or by departmental reviews.
• Recommends and sets accounting procedures as they relate to grant and contract administration.
• Requires the ability to effectively manage employees within assigned unit/department and to persuade and negotiate with peer-level directors on issues and programs that impact the department and foundation.

Minimum Qualifications

Education:
Bachelor’s Degree is required.
Master’s Degree is preferred.
Business administration, accounting or finance is required.

Experience:
8 years’ relevant experience is required.