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Piedmont · 1 day ago

Director - Finance

Onsite

Full-time

Onsite

Director/Executive

7+ years exp

Piedmont Augusta Hospital is seeking a Director of Finance to manage the hospital Finance department. The role involves overseeing project accounting, business case development, and variance analysis, while collaborating with various departments to deliver management reports and insights for decision-making.

Hospital & Health Care

Responsibilities

Supervises overall business performance analyses and decision support activities and provides strategic financial insight to the hospital CFO

Collaborates with PHC Financial Planning and Analysis and Strategic Planning departments to prepare the annual capital and operating budgets (entity and departmental level) in a manner congruent with PHC and local strategic plans and operating goals. Report on interim progress toward budgeted objectives on a regular basis

Collaborates with shared functions and other departments on cash control, physician inventory, tax filings (e.g. 990-T), cost report workpaper development, and works to understand and resolve other issues as needed (e.g. over/under accruals, prepaid needs, and etc.)

Works with PHC Strategic Planning and other departments to produce the Georgia Annual Hospital Questionnaire (AHQ), and Hospital Financial Survey (HFS), and other related submissions

Liaises with physician accounting and the physician practices as needed on physician practice subsidies, income guarantees, practice startups/acquisitions, and etc. to help support information sharing, communications, performance improvement, decision making and other needs, as required

Produces, distributes, and explains management reports and analyses that relate to past activity, operational opportunities, and strategic objectives. This includes standard format Financial Statements, concurrent month-to-date activity, ratio analysis, and coordinating/reviewing departmental responsibility report submissions. Analysis should include feedback of service line results as needed, pro-forma projections of proposed decisions and specific staffing and productivity data. The Hospital Finance Director should produce analysis on an ad-hoc basis upon requests and be proactive in bringing issues and opportunities to decision-makers

Establishes ongoing communication and review with agreed upon parties (e.g. CFO, departments, department leaders, and VPs) to review performance and explore opportunities for improvement

Translates system-wide operating strategies and key performance indicators (“KPIs”) into entity specific initiatives and uses financial analysis to provide insightful interpretations for decision making

Drives entity-wide Finance strategy and assists the hospital CFO in making key decisions

Assists hospital CFO with reviewing the methodology used by Finance staff to evaluate internal and external business opportunities and suggests alternatives

Identifies and manages continuous process improvement initiatives and drives strategic Finance initiatives

Participates in performance management process including performance evaluation, coaching, and development of direct reports

For entities that are still running legacy computer systems, position may be responsible for a variety of tasks supportive of broader financial and / or other needs

Performs other duties as assigned

Qualification

Financial AnalysisBudget ManagementHealthcare FinanceMaster’s DegreeCPA CertificationProject ManagementCommunication SkillsInterpersonal SkillsProblem SolvingTeamworkOrganizational Skills

Required

Bachelor's degree from a recognized college or university in Business Administration, Business Management, or business related field is required

Seven (7) years of work experience in a Finance role, preferably in a multi-entity healthcare environment, is required

Preferred

Master's Degree in Business Administration, Hospital Administration, Accounting, Finance or a closely related field, or designation as a Certified Public Accountant is preferred

Demonstrates strong communication and interpersonal skills at all levels including the ability to explain business metrics that drive financial performance

Demonstrates strong problem solving, project management, teamwork, and organizational skills