What are the responsibilities and job description for the Manager, Financial Operations - Finance - Full Time (Hybrid) position at Guthrie?
Position Summary:
Under the direction of the Senior Financial Leadership for the Guthrie hospital and/or other related entities, the Manager is responsible for coordinating, planning and supervising the activities and personnel in the relationship and integration of Finance with their Operations Partner in the areas of financial reporting, financial analysis, and the relationship of finance with operations. In addition, the Manager will have a working relationship and input with various other functional areas such as cost accounting, budgeting, feasibility studies, financial planning and other projects/analysis related to their assigned entities. Responsible for coordinating activities concerned with financial administration, general accounting, patient business services and financial and statistical reporting with their Operations Partner.
Education, License & Cert:
Bachelor of Science degree in Accounting from an accredited four‐year college is required; Master’s in business administration and/or CPA/HFMA Certification is preferred.
Experience:
Four to six years of experience in the healthcare industry in the areas of financial reporting, forecasting and cost accounting with supervisory responsibilities. Working knowledge of healthcare operations, month end closing process, case‐based forecasting and cost allocations. Familiarity with PeopleSoft/Oracle and EPIC is a plus and a strong working knowledge of Excel and Word is required.
Essential Functions:
1. Serves as the primary resource for Guthrie entity specific forecasting, financial reporting, cost reporting, tax reporting, and financial support to operations
2. Keep abreast of all regulations, procedures, and interpretations that effect third party reimbursement for acute care hospitals, freestanding ambulatory surgery centers and multi‐specialty physician groups.
3. Provides overall Guthrie entity specific financial oversight and monitoring, leads monthly analysis of operating plan forecasts to actual results and report risks and opportunities to senior leadership
4. Manages development and review of Guthrie entity specific ad hoc reports and analysis as requested and provides day‐to‐day analytics support to business operations
5. Acts as budget representative, working closely with the Director of Budgeting to strategically manage all financial activities within the Guthrie specific entity related to business operations. Oversees efficient and effective Guthrie entity specific forecasting and planning processes in compliance with corporate policies and procedures
6. Collaborate with the Financial Decision Support Team on the use of the decision support system and tools related to forecast and cost accounting and with the Managed Care Team both on an annual and ongoing basis
7. Establishes and monitors appropriate financial measures and interprets and uses financial data for making informed business decisions
8. Participates in special projects to improve reporting, analytical tools and internal processes to enhance management decision making and implement best practices
9. Hires, leads, and develops high‐performing direct reports to broaden skill sets and capabilities to enable professional growth and to achieve identified strategies and daily operational effectiveness.
Other Duties:
1. Coordinates the activities of the department with all other functions and acts as the department representative at all department manager or middle management meetings and attends administrative staff meetings.
2. Designated to act in absence for Senior Financial Leadership and shares many of the above functions and responsibilities with the Senior Financial Leadership.
3. Participates in committees and projects as assigned.
4. Perform other duties as assigned.
Under the direction of the Senior Financial Leadership for the Guthrie hospital and/or other related entities, the Manager is responsible for coordinating, planning and supervising the activities and personnel in the relationship and integration of Finance with their Operations Partner in the areas of financial reporting, financial analysis, and the relationship of finance with operations. In addition, the Manager will have a working relationship and input with various other functional areas such as cost accounting, budgeting, feasibility studies, financial planning and other projects/analysis related to their assigned entities. Responsible for coordinating activities concerned with financial administration, general accounting, patient business services and financial and statistical reporting with their Operations Partner.
Education, License & Cert:
Bachelor of Science degree in Accounting from an accredited four‐year college is required; Master’s in business administration and/or CPA/HFMA Certification is preferred.
Experience:
Four to six years of experience in the healthcare industry in the areas of financial reporting, forecasting and cost accounting with supervisory responsibilities. Working knowledge of healthcare operations, month end closing process, case‐based forecasting and cost allocations. Familiarity with PeopleSoft/Oracle and EPIC is a plus and a strong working knowledge of Excel and Word is required.
Essential Functions:
1. Serves as the primary resource for Guthrie entity specific forecasting, financial reporting, cost reporting, tax reporting, and financial support to operations
2. Keep abreast of all regulations, procedures, and interpretations that effect third party reimbursement for acute care hospitals, freestanding ambulatory surgery centers and multi‐specialty physician groups.
3. Provides overall Guthrie entity specific financial oversight and monitoring, leads monthly analysis of operating plan forecasts to actual results and report risks and opportunities to senior leadership
4. Manages development and review of Guthrie entity specific ad hoc reports and analysis as requested and provides day‐to‐day analytics support to business operations
5. Acts as budget representative, working closely with the Director of Budgeting to strategically manage all financial activities within the Guthrie specific entity related to business operations. Oversees efficient and effective Guthrie entity specific forecasting and planning processes in compliance with corporate policies and procedures
6. Collaborate with the Financial Decision Support Team on the use of the decision support system and tools related to forecast and cost accounting and with the Managed Care Team both on an annual and ongoing basis
7. Establishes and monitors appropriate financial measures and interprets and uses financial data for making informed business decisions
8. Participates in special projects to improve reporting, analytical tools and internal processes to enhance management decision making and implement best practices
9. Hires, leads, and develops high‐performing direct reports to broaden skill sets and capabilities to enable professional growth and to achieve identified strategies and daily operational effectiveness.
Other Duties:
1. Coordinates the activities of the department with all other functions and acts as the department representative at all department manager or middle management meetings and attends administrative staff meetings.
2. Designated to act in absence for Senior Financial Leadership and shares many of the above functions and responsibilities with the Senior Financial Leadership.
3. Participates in committees and projects as assigned.
4. Perform other duties as assigned.