Executive Director of Financial Strategy

6 days ago


New Haven, Connecticut, United States Saint Francis Health System Full time
Job Summary:

The Executive Director of Financial Strategy guides and develops strategic initiatives to sustain and refine the financial systems and processes of Saint Francis Health System (SFHS).

This role oversees the administration and coordination of key financial functions that promote sound fiscal responsibility for the health system; and serves as a member of the leadership team that works collaboratively with its members to support the goals and mission of the health system.

Key Responsibilities:
  • Directs, organizes, and is responsible for the work of team members engaged in aspects of the health system's budgeting and accounting systems, internal controls, treasury management, internal auditing, taxes, corporate financial policy, and decision support.
  • Leads the development of and is responsible for the implementation of programs, initiatives, and strategies that impact the financial stability of the health system.
  • Collaborates with key stakeholders across the health system to identify, develop, implement, and oversee operational policies and procedures.
  • Gauges the effectiveness and efficiency of internal processes through the creation of valid measurement tools.
  • Coordinates and prepares financial information to meet requirements established by internal and external policies and regulations.
  • Oversees financial internal controls and audits working with health system personnel to guarantee compliance measures are met.
  • Works with internal and external auditors to ensure corporate compliance standards are upheld, investigating their findings and recommendations as needed.
  • Leads and coordinates the financial planning process and integrated operating and capital budget processes for the health system.
  • Assesses current and future capital needs to promote the health system's sustainability and growth initiatives.
  • Oversees all fiscal and fiduciary responsibilities for the organization, including development of short and long term strategic financial objectives.
Requirements:
  • Bachelor's degree in Accounting or related field.
  • Minimum 8 years of progressive, relevant leadership experience.
  • Knowledge of finance, accounting, budgeting, cost accounting and cost control principles, and Generally Accepted Accounting Principles (GAAP).
  • Exceptional financial analysis, budgeting, and forecasting skills with the ability to connect business actions with financial outcomes.
  • Strong analytical skills with the ability to interpret complex financial data and leverage data insights to make strategic decisions that positively impact the health system.
  • Exceptional written, oral, interpersonal, and presentation skills.
  • Proficiency in financial software applications and Microsoft Office (especially Excel).


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