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FINANCIAL PLANNING MANAGER

3 months ago


Porterville, United States Sierra View Local Health Care District Full time
Job DescriptionJob Description

Financial Planning Manager - Full Time, EXEMPT

Shift: 8 hours, 8:00a - 4:30p

*This position is eligible for remote work for workers in the United States.

Job Description:

PATIENT POPULATION:
The patient population served can be all patients including geriatric, adult, adolescent, pediatric, and newborn. This also includes services which affect facility staff, physicians, visitors, vendors and the general public.

POSITION SUMMARY:
Reporting to the CFO/VP of Finance, the Financial Planning Manager provides financial, clinical and statistical analysis in support of core financial organizational functions and business processes on a timely basis to internal and external customers. This position helps with the oversight and responsibilities of the hospital's revenue integrity program, annual budget, cost accounting and financial and productivity reporting, and charge description master compliance. This position will directly manage and offer leadership to financial planning staff members. Selects, orients, evaluates performance and competency of outside contractors and vendor services as needed. Assumes 24-hour, seven day responsibility, authority and accountability for ensuring the department and all individuals in the department achieve the function’s mission and service expectations for delivering appropriate care of patients.

Must be able to work normal/scheduled working hours to include Holidays, call-backs, weeknights, weekends, and on-call. Agrees to participate, as directed, in emergencies and community disasters during scheduled and unscheduled hours. As a designated disaster service worker you are required to assist in times of need pursuant to the California Emergency Services Act.
(Gov’t. Code §§ 3100, 3102)

Needs to recognize that they have an affirmative duty and responsibility for reporting perceived misconduct, including actual or potential violations of laws, regulations, policies, procedures, or this organization’s standards/code of conduct.


The employee shall work well under pressure, meet multiple and sometimes competing deadlines; and the incumbent shall at all times demonstrate cooperative behavior with colleagues and supervisors.

EDUCATION/TRAINING/EXPERIENCE:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

To perform this job successfully, an individual must be a CPA with a minimum of a Bachelors degree with an emphasis in Accounting, Finance, Business or Healthcare Administration. Candidate must have a minimum of seven years relevant financial experience, preferably in the healthcare industry. The individual must possess a solid foundation in financial analysis, including experience with financial modeling, variance analysis, and financial reporting. Experience in cost management and analysis is critical and have a strong understanding of cost structures in healthcare. Candidates should be familiar with revenue cycle optimization strategies, and have knowledge of healthcare regulations and compliance requirements.

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence if required. Must possess effective oral and written communication skills. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages as required. Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations. Requires significant capacity to manage multiple competing objectives and to translate and communicate complex information into reports and presentations for appropriate audience.

To perform this job successfully, an individual should have:
• Proven record of achievement, with examples of process improvement;
• In-depth knowledge of healthcare business processes and finance/accounting systems
• Ability to work with key stakeholders at all levels of the hospital to develop effective and reliable solutions
• Agility to use essential applications and/or databases associated with the roles duties and responsibilities."

LICENSURE/CERTIFICATIONS:
CPA is required.

Responsibilities and Essential Functions:
*Indicates Essential Function

1 * Compiles and maintains the organizations financial statistical data for both internal and external reporting.
2 * Prepares comprehensive financial analyses, clinical analyses and statistical data presentations for both internal and external customers.
3 * In coordination with the VP of Finance, will help lead the annual budgeting and forecasting processes, ensuring alignment with company objectives.
4 * Assists the Financial Planning Analyst with the labor related expenses of the Facility's Operational Budgets to include planning, analysis and reporting.
5 * Directly responsible for the Operational Budget volume projections and non-labor related expenses
6 * Responsible to manage the cost accounting initiatives and contribution margin reporting to support the financial analysts as required for budgeting and forecasting purposes.
7* Serves as the administrator of the cost accounting system, including responsibility for system enhancements.
8* Assists with the development of contract/reimbursement modeling and continuously improves financial planning processes and tools to enhance accuracy and efficiency.
9* Refine processes to analyze actual costs vs standardized/expected costs and prepare reports, as appropriate.
10* Develop and manage the cost accounting methodolgoies and supporting software applications.
11.* Provides managerial oversight to support the financial planning department's organizational/departmental goals through delegation of, oversight of completion of work assignments, aligning team efforts, building accountability for measuring progress and achieving results, identifying improvement opportunities, removing obstacles impacting performance, guiding performance and developing plans accordingly.