Director Of Financial Operations - Troy, NY - FT Days

Employment Type:

Full time

Shift:

Description:

Director of Financial Operations

• Troy, NY - FT Days

POSITION PURPOSE

In conjunction with the Regional VP, Financial Operations

• Acute, the Director of Financial Operations (Acute) provides strategic and operational leadership and direction in the development and implementation of financial management, business planning scenarios, budgeting, accounting, supply chain and revenue cycle operations. Serves as a member of the Hospital's Senior Management Team and plays a key role on operational committees by conducting research, making recommendations for process improvements and efficiencies. Leads the annual planning process for the hospital(s), ensuring development of operational budgets that support the organization's strategic objectives. Ensures the establishment and maintenance of sound financial information and functions as a liaison between the financial reporting team and Operations. Leads special projects, as requested.

ESSENTIAL FUNCTIONS

• Knows, understands, incorporates and demonstrates the Trinity Health Mission, Vision and Values in behaviors, practices and decisions.

• Takes the lead in coordination, preparation and support of annual operating and capital budget process. Provide education and training to management on the budget process, as needed. Provide technical assistance to department directors and senior management related to methodologies, benchmarks, and common industry practices and data interpretation to support budgetary decisions. Coordinate and collaborate with key leadership within WFM and Operations to prepare and submit annual budget files within established timelines.

• Takes lead in quarterly forecasting and mid-month forecast process for respective acute entities within scope. Assists in consolidation of all forecasts for the total ministry and supports analysis and review.

• Works collaboratively with fellow Director of Financial Operations to identify opportunities for consistency across the portfolio.

• Act as Financial Resource Expert to Operational and Senior Management- review all department requests for capital expense items, FTE's, supplies and other operating expenses. Research issues and provide accurate analysis of results on special projects as requested.

• Prepare business plans and various scenario planning based on discussions with Operations and Senior leadership to quantify ideas brought forth for consideration either operationally or from a capital planning perspective. It is key this position is an excellent and attentive listener; able to readily convert operational discussion into financial modeling.

• Support ET-9 initiative generation, calculation/valuation of initiatives and monthly and annual reporting to System Office. Act as lead finance representative to certain ET-9 teams.

• Work collaboratively with Financial Reporting/Accounting in regards to the month end close. Analyze and provide variance explanations for both revenue and expense, leveraging Financial Operations team members. Work with department directors to prepare action plans as needed to get back to budget.

• Participates in RHM management and staff meetings and presents financial results as requested.

• Provide ad hoc financial analyses as requested. Must be comfortable with analyzing large data sets across a variety of disciplines.

• Provides education and support for departments to enhance their financial acumen of hospital financials including revenue, expense, profitability and key indicators.

• Coordinates with Regional Director of Business Analytics/Decision Support to produce relevant service line analysis for review with Operations team.

• Maintains a working knowledge of applicable Federal, State and local laws and regulations, the Trinity Health Corporate Integrity Program, Code of Ethics, as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical and professional behavior.

MINIMUM QUALIFICATIONS

• Bachelor's degree in Accounting or Finance or an equivalent combination of education and experience. A Master's degree is preferred.

• Certification as a Certified Public Accountant (CPA) or HFMA Certification is preferred.

• Minimum seven (7) to ten (10) years of progressively more responsible experience in health care finance. Previous managerial experience is preferred.

• Must be proficient in Excel.

• Experience in researching and analyzing complex financial/operational issues.

• Ability to communicate in clear, concise terms with management and governance at all levels, including C-suite executives.

• Ability to work effectively in a matrix organizational structure and influence others.

• Well-developed conceptual and analytical skills.

• High level of interpersonal, management and organizational skills are necessary with special focus on customer service orientation skills.

• Must be comfortable operating in a collaborative, shared leadership environment.

• Must possess a personal presence that characterized by a sense of honesty, integrity and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals and values of Trinity Health.

PHYSICAL AND MENTAL REQUIREMENTS AND WORKING CONDITIONS

• Ability to develop constructive alternatives and analyze situations and information.

• Ability to work well in a fast-paced setting that warrants varied and/or extended hours, with frequently changing workload and priorities in order to keep pace with the environment and advance strategic priorities.

• Must be able to set and organize own work priorities and adapt to them as they change frequently.

• This position operates in a typical office environment free from hazard and barriers. Manual dexterity needed in order to operate a computer and calculator.

• Must be able to travel to the various Trinity Health regional sites as needed.

The above statements are intended to describe the general nature and level of work being performed by persons assigned to this classification. They should not be construed as an exhaustive list of duties so assigned.

Pay Range: $55.55 - $88.88

Pay is based on experience, skills, and education. Exempt positions under the Fair Labor Standards Act (FLSA) will be paid within the base salary equivalent of the stated hourly rates. The pay range may also vary within the stated range based on location.

Please be aware for the safety and security of our colleagues and patients all new employees are required to undergo and pass all applicable state and federally mandated pre-employment screening requirements including:

• Relevant Background Checks

• Drug Screen

• PPD / Tuberculosis Test

• Reference Check

Our Commitment to Diversity and Inclusion

Trinity Health is one of the largest not-for-profit, Catholic healthcare systems in the nation. Built on the foundation of our Mission and Core Values, we integrate diversity, equity, and inclusion in all that we do. Our colleagues have different lived experiences, customs, abilities, and talents. Together, we become our best selves. A diverse and inclusive workforce provides the most accessible and equitable care for those we serve. Trinity Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by law.