Business Partner Manager

1 day ago

Duluth, United States Essentia Health Full time

Job Description
Job Description:Serves as key financial business partner and leader to Critical Access Hospital leaders and executives for assigned areas of responsibility. Provides support and advice in strategic and operational decision making through insights that drive better business performance. Coordinates finance business partners with Critical Access Hospital accountability in all locations of care throughout the continuum to ensure consistency in approach, reporting tools and applying established operating standards. Supports the business to raise standards in key decision areas by taking a forward-looking view supported by an extensive consulting toolkit and high emotional intelligence to help articulate different options to influence decisions. Serves as a liaison to CAH hospital leadership for all services performed within the hospital via matrix reporting relationships within the Finance Operations Structure. This position requires a high level of customer service skills to establish and enhance positive relationships with all levels of leadership, direct reports, peers, and others.
Education Qualifications:

Key Responsibilities

  • Lead the Finance Center of Excellence (CoE) to identify, design, and implement process improvements and use of Key Performance Indicators (KPI’s) to analyze and ensure adherence to defined standards
  • Identify, evaluate, and oversee the deployment of best business processes organizationally, by working with Finance process owners and other key cross-functional leaders
  • Continuously research and stay updated on the latest trends and best practices within their focused area.
  • Disseminate knowledge through training programs, documentation, and workshops to educate others across the organization.
  • Define and maintain consistent standards and guidelines for processes, procedures, and quality within their domain.
  • Provide expert advice and guidance to teams facing challenges related to their area of responsibility.
  • Directly supervise CoE Team members in providing support for key responsibilities


Accountabilities to support Critical Access Hospitals


  • Supports the planning for a sustainable mission advancing future for Critical Access Hospitals to ensure efficient and effective use of Clinician and Staffing resources - people and capital - in alignment with system strategic focus areas and goals.


  • Partners to establish system Critical Access Hospital business approach to include, but not be limited to, standards for planning, productivity, capital planning, talent acquisition targets, regulatory and legal impacting Critical Access Hospital financial plan.


  • Performs regular financial analysis, with financial business partners, including establishing targets, forecasting, and trending productivity goals for each fiscal year, and forecasting.


  • Recognizes and recommends solutions for abnormal patterns in revenue recognition, non-labor expense, and staffing levels including, but not limited to, flexing to demand to avoid ongoing issues, and manages, explains, and identifies methods to control plan variances.


  • Gains insights from identified variances to identify emerging standards and informs methods to address including, but not limited to, evaluating staffing models, adjusting targets, updating comparators, etc.


  • Provides and/or coordinates educational and in-service programs that are related to financial and planning functions/projects, and relevant Critical Access Hospital leadership and finance business partner business knowledge development.


  • Partners with Critical Access Hospital Leadership, human resources, talent acquisition, labor management and other colleagues when needed for relevant business and workforce data, information and development including, but not limited to, providing informed insights as workloads, care delivery and workforce shifts over time.


  • Directly supervises Critical Access Hospital Business Partner Team to include individual development



Work Experience:


  • 5 or more years of demonstrated experience in providing highly strategic and innovative financial leadership in a healthcare organization.
  • Ability to challenge, negotiate and influence key senior executives.
  • Demonstrated ability to tie financial models to strategic initiatives.


Education Qualifications:


  • Bachelor’s degree in finance, accounting or business administration required. MBA and or MHA preferred.


Licensure/Certification Qualifications:


  • CPA Preferred
  • CHFP Preferred

Licensure/Certification Qualifications:

CPA Preferred

CHFP Preferred


Job Location: Building B - St Marys Medical Center

Shift Rotation: Day Rotation (United States of America)

Shift Start/End: /

Hours Per Pay Period:
Compensation Range:
Union:
FTE: 1

Weekends:
Call Obligations:
Sign On Bonus:

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