Share this Job

Director Financial Operations

Apply now »

Date: Sep 3, 2017

Location: Atlanta, GA, US, 30342

Company: Children's Healthcare of Atlanta

Requisition #:  17145     
Name of Location:   Scottish Rite
Work Schedule:  Day
Employment Type:  Full-Time
Work Days:  Monday - Friday 

JOB SUMMARY

The Director, Financial Operations is the key financial resource for our clinical management team. They are responsible for identifying and implementing opportunities to improve financial operations and performance. They also oversee compliance with current federal, state, and local standards, guidelines and regulations that govern our healthcare system.  

This leader reports to the Senior Director Financial Operations, and leads a team of eight (8) Financial Operation Managers and Analysts that provide financial oversight for our clinical functions for our Scottish Rite and Egleston hospitals. This team partners with the Corporate Finance Department and hospital leadership teams to develop, implement and monitor the annual operating and capital budgets and business plans.

JOB RESPONSIBILITIES*

  1. Financial Operations Management – review, analyze and interpret the results of operations while working with senior staff to achieve targeted results. Work with hospital and health system leaders to meet department, hospital and health system financial goals and identifies, develops and implements opportunities to improve financial performance. 
  2. Operational Budgeting - coordinate the annual budget (operating and capital) process for the hospitals. Provide direction on how to utilize tools and set budgets. Review and approves the initial budget submission for the facility. Serves as an advocate for the budget and work with Corporate Finance to finalize the budget. 
  3. Capital Budgeting – Work 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. 
  4. Business Planning – Coordinate 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 pro forma after data gathering and initial development phase. Assists in operational execution of approved plans. 
  5. Operations – Communicate with the health system and hospital leadership regarding the status of current operations and status of meeting the goals. Determine how to prevent or sustain the financial impact of key operational changes. Work with department leaders with contracts, revenue cycle issues, budgets, and business plans. Monitor the use of spending policy, restricted funds, and grants. Conduct periodic reviews with appropriate leaders regarding current year actual versus the plan and other business issues. Monitor compliance with the terms of the managed care agreements. Support decision making of daily operational changes that may impact financials.
  6. Attend weekly and ad-hoc medical staff meetings and develops relationships with members of the medical staff. Work with the medical staff and medical management staff on utilization review issues. Identify and monitor physician utilization trends.
  7. Revenue Cycle – Provide oversight of Revenue reconciliation and CDM changes. Work with Corporate Finance to develop strategies/alternatives to keep bottom line whole.
  8. Financial Analysis – Work with clinical leaders to perform forecasting. Review and help prioritize requests for financial analysis or reports. Translate financial forecasts into staff headcount requirements. 
  9. Financial Education – Provide financial education regarding key business policies, processes and guidelines at facility level meetings.
  10. Grow the Team – Provide leadership, coaching and development for the Financial Operations team. Ensure the team delivers the highest level of consultative support to clinical leaders. Provide projects that help team members increase their professional and personal development.

EXPERIENCE*

  • A minimum of seven (7) years of experience managing overall financial systems in a progressive healthcare system.
  • Technical competence in healthcare financial management, with experience in revenue cycle, regulatory compliance, budgeting, reimbursement, patient accounts and managed care.
  • Hands on experience with financial data analytics. A natural curiosity and desire to dig into data, identify root cause issues, and translate findings into a compelling story.
  • Experience managing projects and driving change in a demanding fast paced business environment.

KNOWLEDGE SKILLS & ABILITIES*

  • Ability to think strategically yet pragmatically. Able to quickly yet thoroughly pinpoint issues, determine needs, cost/benefits, risks, and mitigations.
  • Strong consulting and problem solving skills. Demonstrated ability to develop ccomprehensive solutions that are effective, compliant, and scalable.
  • Strong relationship building and partnering skills are essential. Natural orientation to work collaboratively with employees at all levels of the organization. Open willingness to incorporate ideas of others to get to the best possible results.
  • Excellent communication, organization, and interpersonal skills. Able to actively listen and seek to understand. Ability to communicate effectively with individuals and groups in a wide variety of settings.
  • Solid executive presence—poised and polished with the work experience and intellect to be able to effectively facilitate meetings with senior management.
  • Exceptional business acumen and influencing skills—assertive without being antagonistic or alienating, ability to work in a collaborative culture resistant to big egos.
  • Demonstrated focus on people development—a track record of developing and motivating a strong team while growing capability amongst team members, and helping individuals achieve professional growth goals.

EDUCATION

  • A Bachelor’s degree in business, accounting or finance.

PREFERRED QUALIFICATIONS*

  • An advanced degree in business administration or CPA certification is strongly preferred.

     

CERTIFICATION SUMMARY

  • No professional certifications required

 

 

Location Address:  1001 Johnson Ferry Road NE, Atlanta, GA  30342
Function:  Leadership/Management - Director/Senior Director

 

Overview:

Children’s Healthcare of Atlanta has been 100 percent dedicated 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, 27 neighborhood locations and a total of 622 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 ranked on Fortune magazine’s list of “100 Best Companies to Work For” for twelve consecutive years and named one of the “100 Best Companies” by Working Mother magazine. 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 being Dedicated to All Better and impact the lives of hundreds of thousands of patients and their families each year.


Nearest Major Market: Atlanta

Job Segment: Medical, Manager, Consulting, Pediatric, Healthcare, Management, Technology