Institute Finance Director III

2 weeks ago


Cleveland, United States Cleveland Clinic Full time

The Finance Director III leads areas of high complexity as determined by qualitative and quantitative guidelines and factors. Criteria considered in determining complexity include but are not limited to, size of business organization, span of control, magnitude of revenue, expenses and encounters, complexity of service lines, size of medical education program, and size of treasury funds.This role directs financial operations in assigned area to ensure alignment with the objectives of the enterprise including: monthly financial business operations and performance metrics, annual financial planning, business plan development, development of staff, partnering with market and institute leadership to drive service line financial performance improvements throughout the enterprise as well as other finance-related matters.Responsibilities: Plans, organizes and directs all strategic activities related to staffing, including hiring, orienting, performance management, employee engagement, and continuing education initiatives in a matrix environment.Oversees financial operations of the assigned area including financial reporting, month-end financial close, and partnering on cost accounting.Demonstrates strategic and high-level knowledge of applicable statutory, regulatory and administrative requirements relative to operations and ensures compliance with internal controls. Leads monthly departmental financial review meetings and provides analysis, interpretation, and recommendation for corrective action, as needed.Collaborates with market, institute and enterprise leadership to establish and monitor key metrics and measures for financial performance.Monitors service line financial performance and new business development including recommendations for financial improvement.Leads areas through approved key enterprise, or corporate initiatives, including financial planning, capital planning, and business planning.Prepares and presents financial performance to various leadership groups.Partners with RCM and MNS to monitor revenue cycle and reimbursement performance.Other DutiesEducation:Bachelor's Degree in Business, Finance, Accounting or related field.MBA preferred.Languages:Language required EnglishLanguage preferred EnglishCertifications:Certified Public Accountant (CPA) or related plexity of Work:Requires critical thinking skills, decisive judgement, and the ability to work with minimal supervision.Must be able to work in a stressful, complex and matrixed organization.Must be able to work collaboratively with other leaders to ensure the best interest of the organization are achieved.Work Experience:Minimum of 10 years of experience in business management, strategic initiatives, operational and capital budgeting processes, financial analysis and reporting as well as four years supervisory and/or project management experienceHealthcare experience preferred.Requires advanced knowledge of accounting principles, financial planning, forecasting and analysis, budget development, strategic and business plan development, project management, financial statements and systems and financial system experience.Physical Requirements:Ability to operate a computer and other office equipment.Ability to travel throughout the hospital system and, in some locations, off-site.Ability to communicate and exchange accurate information.This position must be available after hours for support.Personal Protective Equipment:Follows standard precautions using personal protective equipment as required.Pay RangeMinimum hourly: $62.91Maximum hourly: $100.67The pay range displayed on this job posting reflects the anticipated range for new hires. While the pay range is displayed as an hourly rate, Cleveland Clinic recruiters will clarify whether the compensation is hourly or salary. A successful candidate's actual compensation will be determined after taking factors into consideration such as the candidate's work history, experience, skill set, and education. This is not inclusive of the value of Cleveland Clinic's benefits package, which includes among other benefits, healthcare/dental/vision and retirement.



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