What are the responsibilities and job description for the Director, Finance position at Sentara Health?
City/State
Norfolk, VA
Work Shift
First (Days)
Overview:
Overview
The Director, Finance, provides strategic financial leadership to ensure the fiscal health, growth, and sustainability of the organization. This role oversees financial planning, budgeting, forecasting, and reporting activities, ensuring compliance with healthcare regulations and organizational policies. The Director, Finance, partners with senior leadership to drive operational efficiency, optimizes revenue streams, manages risk, and support strategic initiatives. This position plays a critical role in guiding financial decision-making to enhance patient care delivery, operational excellence, and long-term organizational success.
Key responsibilities:
In support of our mission “to improve health every day,” this is a tobacco-free environment.
For positions that are available as remote work, Sentara Health employs associates in the following states:
Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Norfolk, VA
Work Shift
First (Days)
Overview:
Overview
The Director, Finance, provides strategic financial leadership to ensure the fiscal health, growth, and sustainability of the organization. This role oversees financial planning, budgeting, forecasting, and reporting activities, ensuring compliance with healthcare regulations and organizational policies. The Director, Finance, partners with senior leadership to drive operational efficiency, optimizes revenue streams, manages risk, and support strategic initiatives. This position plays a critical role in guiding financial decision-making to enhance patient care delivery, operational excellence, and long-term organizational success.
Key responsibilities:
- Leads the development and execution of financial strategies, budgets, and long-range plans.
- Oversees accounting, financial reporting, cost analysis, and revenue cycle operations.
- Ensures compliance with generally accepted accounting principles (GAAP), Centers for Medicare and Medicaid Services (CMS), state and federal regulations, and healthcare financial standards.
- Provides financial insights and recommendations to executive leadership to support strategic decisions.
- Monitors key financial indicators and develops action plans to address variances.
- Manage financial audits and collaborate with external auditors and regulatory agencies.
- Lead, mentor, and develop finance team members to support organizational goals.
- Partner with clinical and operational leaders to drive cost containment, revenue optimization, and margin improvement.
- Support capital planning and investment decisions to align with strategic priorities.
- Bachelor’s level degree (Required)
- CPA, CMA, or HFMA certification (Preferred)
- 6 years of experience in accounting/finance (Required)
- 2 years of healthcare experience (Required)
- Excellent communication, interpersonal and collaboration skills
- Medical, Dental, Vision plans
- Adoption, Fertility and Surrogacy Reimbursement up to $10,000
- Paid Time Off and Sick Leave
- Paid Parental & Family Caregiver Leave
- Emergency Backup Care
- Long-Term, Short-Term Disability, and Critical Illness plans
- Life Insurance
- 401k/403B with Employer Match
- Tuition Assistance – $5,250/year and discounted educational opportunities through Guild Education
- Student Debt Pay Down – $10,000
- Reimbursement for certifications and free access to complete CEUs and professional development
- Pet Insurance
- Legal Resources Plan
- Colleagues have the opportunity to earn an annual discretionary bonus if established system and employee eligibility criteria is met.
In support of our mission “to improve health every day,” this is a tobacco-free environment.
For positions that are available as remote work, Sentara Health employs associates in the following states:
Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Salary : $5,250