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Strategic Financial Leader
2 months ago
The Strategic Financial Leader collaborates with the Chief Financial Officer and assumes responsibility for the ongoing effective operation of the department by exerting a leadership role that supports the organization, mission, vision, goals, and objectives while focusing on the patient, physicians, providers, employees, supporting entities, and the community as customers. The Strategic Financial Leader has ongoing accountability for the continuous assessment, improvement, coordination, and integration between ECHMN and El Camino Health's financial functions.
Key Responsibilities:- Develop, plan, and execute short, medium, and long-range organization strategies; ensure the development and implementation of associated business plans, tactics, and policies as they relate to finance.
- Provide strategic financial input and leadership on decision making to the leadership team and the Board.
- Lead development and implementation of performance measures and enhance processes that drive accountability measurements throughout the organization.
- Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives; advise department leaders and administration of needed changes and improvements in a timely manner.
- Establish and maintain sound financial controls and record keeping.
- Keep abreast of government regulatory requirements and the rapidly changing reimbursement environment to develop and implement changes to policies and procedures as needed.
- Ensure that the financial operations of the organization are carried out in an ethical, responsible manner.
- Establish and monitor the annual operating budget according to sound budgeting principles and corporate guidelines.
- Evaluate the organization's overall financial position and prepare periodic financial and operating reports.
- Bachelor's degree in Accounting or Finance required.
- An MBA, MHA and/or CPA designation is preferred.
- At least five years of progressive financial healthcare or equivalent experience in the areas of general accounting; operations; financial systems; financial statement preparation; review and analysis; multi-discipline management experience; and ethics in a medical foundation, medical group, managed care, or provider organization required.
- Substantial financial management experience including financial operations, strategic and financial planning, contracts, reimbursement, budgeting, and capital financing in a complex environment including investment experience required.
- Excellent management, leadership, and coaching skills.
- Excellent analytical and organizational skills including systemic thinking and being a data driven decision maker.
- Workday, Simpliphy, ADP, and EPSI experience preferred.
- EPIC EMR experience strongly preferred.