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Director Finance, Service Line, Heart and Vascular

3 months ago

Atlanta, Georgia, United States Emory HealthcareEmory University Full time
Emory Healthcare/Emory University

Director Finance, Service Line, Heart and Vascular

Atlanta ,

Georgia

Apply Now


The Director, Finance, Service Line is a key leadership position responsible for overseeing the financial operations and strategic planning for a service line.

They will play a vital role in capital planning and strategy, ensuring the efficient allocation of financial resources for equipment replacement and purchases.

They will collaborate with various stakeholders, including modality directors, division leaders, and Operating Unit CFOs across budgeting, financial, reporting and other key initiatives.

The Director will demonstrate strong communication and collaboration skills, working closely with revenue cycle and supply chain management teams to optimize coding, documentation, and cost-saving initiatives.

Overall, this role requires a combination of financial expertise, strategic thinking, and effective leadership to drive financial performance and support the growth and success of the enterprise radiology department.

The position collaborates closely with the senior and executive physician and administrative leaders across the system.
In addition, the position will lead a team of business managers for the department.
The position will dually report to Service Line Business Senior Vice President.
Description

Capital Planning and Strategy:


Review the 10-year budget outlook for capital equipment replacement and collaborate with purchasing committees as required; Work with senior department leaders to develop business cases and proformas for capital purchases within under and over threshold budgets; Work with senior department leaders to escalate capital purchases for break/fix situations and adjust capital purchase outlook; Develop and structure key performance financial indicators to reflect strategic priorities.


Operational Finance:


Ensure accurate and timely coding and documentation by working with HB revenue cycle and CPD; Collaborate with modality and division leaders to develop the annual operational budget; Review monthly and ad hoc reports for performance evaluation; Review general ledger and variance reporting; Coordinate with senior department leaders to identify cost savings through effective supply chain management; Manage physician compensation plans; Manage vendor service contract payments and ensure compliance within established limits; Manage service contract addendums for the installation base; Knowledge of revenue cycle management and medical billing practices in technical and professional budgeting.


Professional Finance:


Ensure accurate and timely coding and documentation by working with PB revenue cycle and CPD; Collaborate with modality and division leaders to develop the annual operational budget; Review monthly and ad hoc reports for performance evaluation; Conduct general ledger and variance analysis; Coordinate with the Executive Administrator to identify cost savings through effective supply chain management.

Financial Analysis and Reporting
:

Possess skills in financial analysis and modeling, capital budgeting, and financial forecasting; Understand accounting principles and financial statements; Develop and present business cases and proposals; Communicate and collaborate effectively with various stakeholders and purchasing committees; Stay informed about industry trends and Emory regulations related to capital equipment and procurement; Apply strategic thinking and problem-solving skills.


MINIMUM QUALIFICATION:
Bachelor's degree in business administration, management, finance, accounting, health administration, or related field.
Master's degree preferred. Six years of experience in healthcare finance or relevant field.
a strong background in finance, preferably with experience in healthcare or a related field.
They should have a deep understanding of accounting principles, financial analysis, and budgeting processes.

The candidate should demonstrate exceptional strategic thinking abilities, coupled with excellent communication and collaboration skills to work effectively with diverse stakeholders.

They should be detail-oriented, analytical, and possess a track record of successfully managing complex financial projects and initiatives.

Additionally, the ideal candidate should stay abreast of industry trends and regulations, displaying a proactive mindset towards optimizing financial performance and driving continuous improvement within the enterprise radiology department.


PHYSICAL REQUIREMENTS (Medium Max 25lbs):
up to 25 lbs, 0-33% of the work day (occasionally); 11-25 lbs, 34-66% of the workday (frequently); 01-10 lbs, 67-100% of the workday (constantly); Lifting 25 lbs max; Carrying of objects up to 25 lbs; Occasional to frequent standing & walking, Occasional sitting, Close eye work (computers, typing, reading, writing), Physical demands may vary depending on assigned work area and work tasks

ENVIRONMENTAL FACTORS:
Factors affecting environment conditions may vary depending on the assigned work area and tasks.

Environmental exposures include but are not limited to:

Blood-borne pathogen exposure Bio-hazardous waste Chemicals/gases/fumes/vapors Communicable diseases Electrical shock, Floor Surfaces, Hot/Cold Temperatures, Indoor/Outdoor conditions, Latex, Lighting, Patient care/handling injuries, Radiation, Shift work, Travel may be required.

Use of personal protective equipment, including respirators, environmental conditions may vary depending on assigned work area and work tasks.
Connect With Us
Connect with us for general consideration
Division

The Emory Clinic
Campus Location

Atlanta, GA, 30322
Campus Location

US-GA-Atlanta
Job Type

Regular Full-Time
Job Number

129697
Job Category

Business Operations
Schedule

8a-4:30p

Standard Hours

40 Hours
Hourly Minimum

USD $57.34/Hr.
Hourly Midpoint

USD $76.45/Hr.

Emory Healthcare is an Equal Employment Opportunity employer committed to providing equal opportunity in all of its employment practices and decisions.

Emory Healthcare prohibits discrimination, harassment, and retaliation in employment based on race, color, religion, national origin, sex, sexual orientation, gender identity or expression, pregnancy, age (40 and over), disability, citizenship, genetic information, service in the uniformed services, veteran status or any other classification protected by applicable federal, state, or local law.

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