Summary of Position: Under the direction of the Director of Financial Accounting, this position is responsible for managing the annual operating budget process. This includes establishment and enforcement of baseline budget development process timeframes, and ensures all relevant information is accounted for as a baseline budget is developed into a final budget. The position also supports the Hospital’s development of business plans for new services/programs or expansion of existing programs.

Primary Job Responsibilities: 

• Coordination of annual budget development process, including:
  • Guide Fiscal Services staff in development of current year forecasts and baseline budget statistical and financial figures for the following year by Fiscal Services staff.
  • Distribution of current year forecast and baseline budget data to organizational leaders for review and feedback.
  • Obtain and analyze baseline budget feedback, including budget requests; provide information and analysis and engage with Sr. Leadership to facilitate prioritization of budget requests for inclusion in the following year’s budget.
  • Development of finalized budget financial reports and accompanying information
• Facilitate ongoing budget management processes, including:
  • Review and analysis of month-end budget variances to determine whether any variances require leadership communication, correction action plan development and/or budget adjustment.
  • Field in-year budget change requests, perform initial analysis and budget impact assessment, provide Sr. Leadership with a recommendation on the financial aspects of any budget change requests. 
  • Development of financial projections Initiation and organization of business planning process when new business opportunities are identified. Determination of internal resources to be included in planning effort. Schedule and facilitate group planning meetings. Development of financial projections for new business opportunities.

Minimum Qualifications: BS with a major in Finance, Accounting or Health Care Administration required. Master’s Degree in business or health care administration or CPA preferred. Minimum of 5 years of financial healthcare experience in an accounting firm or hospital setting. Extensive knowledge in the areas of health care finance, reimbursement, information systems, compliance and law highly desirable. Experience with Workday and StrataJazz highly preferred.