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Robert Half Talent Solutions has an opening for a Budget Manager. The Budget Manager is responsible for developing, monitoring, and analyzing the hospital's budget, identifying cost-saving opportunities, and providing financial guidance to hospital administrators and department heads.
Responsibilities:
1. Budget Development:
- Work with hospital leadership to develop annual operating and capital budgets.
- Collaborate with department heads to gather budget requests and ensure they align with the hospital's strategic goals.
2. Budget Monitoring:
- Track and monitor budget performance throughout the fiscal year, identifying and addressing variances promptly.
- Prepare regular financial reports and budget status updates for hospital management.
3. Financial Analysis:
- Conduct financial analyses to identify trends, cost-saving opportunities, and potential revenue enhancements.
- Make recommendations based on data and analysis to improve financial performance.
4. Cost Control:
- Implement and monitor cost control measures to ensure expenses align with budgetary constraints.
- Review and approve financial transactions to ensure compliance with budgetary guidelines.
5. Forecasting:
- Develop financial forecasts to assist hospital leadership in making informed decisions about resource allocation.
- Analyze and project future revenue and expenses.
6. Compliance and Regulation:
- Ensure that budgetary and financial practices adhere to regulatory and compliance standards specific to the healthcare industry.
- Stay up-to-date with changes in healthcare finance regulations and adjust practices accordingly.
- Identify process gaps and develop and document go-forward processes.
7. Financial Reporting:
- Prepare and present financial reports, presentations, and recommendations to hospital executives and the board of directors.
- Assist with annual audits and financial statement preparations.
8. Strategic Planning:
- Collaborate with hospital leadership to align budgeting strategies with the hospital's long-term strategic goals.
- Participate in strategic planning activities related to financial management.
Qualifications:
- Bachelor's degree in finance, accounting, business, or a related field (Master's degree is often preferred).
- Relevant work experience in budget analysis, financial planning, or healthcare finance.
- Strong knowledge of healthcare finance regulations and compliance requirements.
- Proficiency in financial software and tools (e.g., Excel, budgeting software, financial modeling).
- Analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Attention to detail and strong organizational abilities.
Other
$149k-191k (estimate)
10/14/2023
05/29/2024
roberthalf.com
Menlo Park, CA
>50,000
The job skills required for Budget Manager include Accounting, Analysis, Planning, Leadership, Budgeting, Forecasting, etc. Having related job skills and expertise will give you an advantage when applying to be a Budget Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Budget Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Budget Manager positions, which can be used as a reference in future career path planning. As a Budget Manager, it can be promoted into senior positions as a Budget Senior Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Budget Manager. You can explore the career advancement for a Budget Manager below and select your interested title to get hiring information.