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Director Financial Operations

Work Schedule/Days:  Day / Monday - Friday
Employment Type:  Full-Time
Location:  Support I 
Requisition #:  56304

 

JOB SUMMARY

Directs the day–to–day financial functions in accordance with Children’s policies. This position, in conjunction with the Corporate Finance Department, is responsible for the campus’ financial performance and accuracy of financial reporting.  Works closely with the Corporate Finance Department and the campus leadership team in developing, implementing and monitoring the annual operating and capital budgets and business plans.  Identifies and implements opportunities to improve financial operations and performance.  Oversees compliance with current Federal, State, and Local standards, guidelines and regulations that govern the healthcare system.  Proactively supports he efforts that ensure delivery of safe patient care and services and to promote a safe environment at Children's.

EDUCATION
  • A Bachelor’s degree in business, accounting or finance
CERTIFICATION SUMMARY
  • No professional certifications required
EXPERIENCE*
  • A minimum of seven years experience managing overall financial systems in a progressive healthcare system
  • Must possess technical competence in healthcare financial management, with experience in revenue cycle, regulatory compliance, budgeting, reimbursement, patient accounts and managed care
PREFERRED QUALIFICATIONS*
  • Master’s degree and/or CPA, CPAM or FHFMA certifications
  • Technical knowledge on reimbursement issues, especially Medicaid and managed care
KNOWLEDGE SKILLS & ABILITIES*
  • Must possess excellent communication, organization and interpersonal skills as well as aptitude for conflict resolution, problem-solving and staff development.
  • Demonstrated ability to develop strong, collaborative relationships
  • Demonstrates the following skills in accomplishing job duties and responsibilities:
    • Personal organization and time management.
    • Human relations and teamwork.
    • Personal adaptability.
    • Personal motivation.
    • Listening.
JOB RESPONSIBILITIES*
  1. Financial Operations Management – The Director, Financial Operations is the senior financial professional on the campus and functions as the key financial resource to the campus management team.    Responsible for reviewing, analyzing and interpreting the results of operations while working with senior staff to achieve targeted results.  Works with campus and health system leaders to meet department, campus and health system financial goals and identifies, develops and implements opportunities to improve financial performance. 
  2. Operational Budgeting - Coordinates the campus annual budget (operating and capital) process. Provides direction on how to utilize tools and set budgets.  Reviews and approves the initial budget submission for the facility.  Serves as an advocate for the budget and first point of contact for Corporate after initial submission.  Works with Corporate Finance to finalize the budget. 
  3. Capital Budgeting – Works within established process and guidelines to achieve campus specific target, including but not limited to reviewing all non-threshold and threshold requests and conducting meetings as necessary to identify items to budget. Business Planning - Coordinates the development of financial pro formas, financial feasibility studies and business plans with department directors by providing input, guidance, and validation.  Responsible for driving approval of the proforma after data gathering and initial development phase.  Assists in operational execution of approved plans. 
  4. Operations - Communicates with the health system and campus leadership regarding the status of current operations and status of meeting the goals. Determines how to prevent or sustain the financial impact of key operational changes.  Works with department or leaders with contracts, revenue cycle issues, budgets, and business plans. Monitors the use of spending policy, restricted funds, and grants.  Conducts monthly or periodic reviews with appropriate leaders regarding current year actual versus the plan and other business issues. Monitors compliance with the terms of the managed care agreements.  Supports decision making of daily operational changes that may impact financials.
  5. Attends select medical staff meetings and develops relationships with members of the medical staff. Works with the medical staff and medical management staff on utilization review issues.  Identifies and monitors physician utilization trends.
  6. Revenue Cycle – Provides oversight of Revenue reconciliation and CDM changes.  Work with Corporate finance to develop strategies/alternatives to keep bottom line whole.
  7. Financial Analysis – Works with clinical leaders to perform forecasting.  Reviews and helps prioritize requests for financial analysis or reports.  If urgent need, initiate data request to appropriate data source. 
  8. Financial Education – Provides financial education (key business policies, processes and guidelines of Children’s) at facility level meetings (ie CAL).
  9. Performs other duties and responsibilities as required.
SYSTEM RESPONSIBILITIES*

 

Safety: Practices proper safety techniques in accordance with hospital and departmental policies and procedures. Responsible for the reporting of employee/patient/visitor injuries or accidents, or other safety issues to the supervisor and in the occurrence notification system.

 

Compliance: Monitors and ensures compliance with all regulatory requirements, organizational standards, and policies and procedures related to area of responsibility. Identifies potential risk areas within area of responsibility and supports problem resolution process. Maintains records of compliance activities and reports compliance activities to the Compliance Office.

 

The above statements are intended to describe the general nature and level of work performed by people assigned to this classification.  They are not intended to be an exhaustive list of all job duties performed by the personnel so classified.

PHYSICAL DEMANDS*
Ability to lift up to 15 lbs independently not to exceed 50 lbs without assistance
Climbing - Occasionally (activity or condition exists up to 1/3 of time)
Hearing/Speaking - Effective communication with employees, supervisors/managers and staff. Effective communications with patients and visitors, as required.
Lifting - Occasionally (activity or condition exists up to 1/3 of time)
Pushing/Pulling - Occasionally (activity or condition exists up to 1/3 of time)
Sitting - Constantly (activity or condition exists 2/3 or more of time)
Standing - Occasionally (activity or condition exists up to 1/3 of time)
Walking - Occasionally (activity or condition exists up to 1/3 of time)
Bending/Stooping - Occasionally (activity or condition exists up to 1/3 of time)
WORKING CONDITIONS*
No potential for exposure to blood and body fluids

 

About Us:

Children’s Healthcare of Atlanta has been 100 percent committed to kids for more than 100 years. A not-for-profit organization, Children’s is dedicated to making kids better today and healthier tomorrow.

With 3 hospitals, 20 neighborhood locations and a total of 673 beds, Children’s is the largest healthcare provider for children in Georgia and one of the largest pediatric clinical care providers in the country. Children’s offers access to more than 60 pediatric specialties and programs and is ranked among the top children’s hospitals in the country by U.S. News & World Report.

Children’s has been recognized as a Fortune 100 Best Place to Work, a Best Place for Working Mothers, and as a top employer for diversity and millennials.  We offer a comprehensive compensation and benefit package that supports our mission, vision and values.  We are proud to offer an array of programs and services to our employees that have distinguished us as a best place to work in the country.  Connect to our mission of making kids better today and healthier tomorrow. 

Have questions about the recruitment process?  Check out What to Expect.

Address:  1575 Northeast Expressway, Bldg 1, Atlanta, GA  30329
Function:  Leadership/Management - Director/Senior Director