Manager of Financial Services
4 weeks ago
Scope of Responsibilities: Manage a team who will partner cross functionally to understand underlying business issues and to build, change, and deploy solutions that maintain the integrity of financial and enterprise processes. Oversees the overall operations of the Noble Finance and Data departments. Responsible for ensuring training and development of subordinate staff, conducting performance reviews, estimating personnel needs, assigning work, meeting completion dates, interpreting and ensuring consistent application of organizational policies
Job Summary: Work with Noble leadership to effectively manage the financial reporting and analytics to improve efficiencies and operations with the ultimate goal of improved profitability. Work with corporate accounting and finance departments to ensure proper communication and monitoring of Noble financials. Review general ledger inventory balances, debits and credits on a monthly basis to ensure that entries and balances appear reasonable relative to historical and current business trends.
Responsibilities:
Job Duties:
Manage review and modification processes of internal control, budgeting, forecasting, cost analysis and business practices and processes to ensure operational integrity
Review and analyze dashboard reporting regarding overall business performance, medication margins, and cut reports
Monitor preparation of weekly, monthly, quarterly and year-end financial statements/documents for approval
Oversee annual budget preparation and weekly and monthly forecasting
Recommends systems process improvements and implements changes
Develop quality assurance process to ensure that all financial services and analysis are being provided and executed with complete accuracy and timeliness.
Provide timely reporting, feedback, and information to support the training and development of direct reports
Direct and seek enhancements to finance department workflow on a daily basis
Ensure that team maintains and keeps reasonable production as determined by management
Develop and manage department schedule, time off requests, etc.
Provide oversight to 340B contracts as well as fee income strategy and validation
Manage data reporting strategy for manufacturers and identify growth opportunities within targeted clients
Provide complex analysis for potential M&A targets
Maintains appropriate documentation of applications and business processes
Support sales operations with business opportunity target analysis and reporting towards sales performance
Integrate with operations and develop process improvement roadmap
Participates in change control processes
Assist management with forecasting and procurement reporting strategies with key vendor partners
Shares knowledge with peers and others and supports knowledge management efforts
Participates in developing individual skill sets to meet today and tomorrow’s business needs
Develop and maintain reporting to monitor vendor performance (i.e. payments/return payments/exception payment volume/system downtime)
Responsible for understanding industry trends and providing input for establishing strategic goals
Identify training opportunities for store personnel.
Interface with various auditors and outside agencies
Responsible for the assessment, evaluation and implementation of technologies needed to maximize efficiencies within supervised departments
Responsible for completing all mandatory and regulatory training programs
Perform other duties as assigned
Qualifications:
Education:
Required: Bachelor’s Degree or higher in Business, Accounting or Finance
Experience:
Preferred: 5+ years previous experience in related position. Pharmacy / Healthcare experience preferred.
Special Conditions of Employment:
Drug test
Initial and continuous exclusion and sanction/disciplinary monitoring
Any and all additional eligibility requirements based on the specific position
Required Training:
HIPAA Privacy Course
HIPAA Security Course
Job Skills Required:
Strong analytical skills
Strong organizational skills
Strong interpersonal skills and collaborative ideology
Proficiency in Microsoft desk tools such as Excel and Access and PL/SQL
Thorough knowledge of financial systems and analysis
Management Skills Required:
Customer Service: Must provide timely and accurate responses to all business associates and customers
Planning: Must develop effective plans, objectives and goals that achieve desired results in a timely manner
Organization: Must organize work in a systematic way, establish clear lines of responsibility, and delegate effectively
Communication: Must write and speak clearly and effectively at all levels, listen and be attentive to others
Decision Making: Gather, analyze data and make and/or implement effective decisions in a timely manner
Technology: Must use technology to its fullest potential to achieve department and corporate goals
Leadership Skills Required:
Leadership: Gains acceptance of ideas and accomplishes goals through subordinates, peers and teams
Personnel Development: Selects, trains, coaches and develops associates and teams for peak performance
Teamwork: Must strengthen team performance by sharing information, establishing guidelines and celebrating success
Empowerment: Demonstrates positive and active ownership of one’s responsibilities and fosters the same in others
Employee Relations: Provides and solicits constructive feedback, evaluates performance and takes corrective action
Behavioral Traits Required:
Cooperation: Must work harmoniously and effectively with fellow employees, supervisors and others
Initiative: Must work within supervision guidelines and assume additional responsibilities
Flexibility: Must be willing to work variable work schedules, assist others as requested and available, and be willing to perform all assigned work
Adaptability: Must respond to new situations in a positive way, accept change, support new ideas, master new routines and grasp explanations, apply current knowledge in new environments and experiences
Involvement: Must enjoy the demands of the job and work with interest and enthusiasm
Customer Service: Must provide appropriate customer service (for Noble customers, fellow employees and business partners), listen attentively to their needs and respond appropriately
Safety: Must take care of equipment and employ good safety habits
Leadership: Must gain acceptance of ideas and accomplish goals through subordinates, peers and teams
Travel: Moderate travel required including to specialty pharmacy locations, regional offices and attendance at various corporate and industry conferences.
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