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Job description
Work Shift
Day
Work Day(s)
Monday-Friday
Shift Start Time
8:00 AM
Shift End Time
5:00 PM
Worker Sub-Type
Regular
Children’s is one of the nation’s leading children’s hospitals. No matter the role, every member of our team is an essential part of our mission to make kids better today and healthier tomorrow. We’re committed to putting you first, and that commitment is at the heart of our company culture: People first. Children always. Find your next career opportunity and make a difference doing what you love at Children’s.
Job Description
Vice President, Finance - Mission Services is responsible for the day-to-day financial management of the Mission Support Quasi Endowments (MSQE) and Foundation under the leadership of the Senior Vice President, Finance. Leads all operational financial functions including monthly reporting, variance analysis, pro forma development, annual budget process, and long-range financial modeling. Serves as a partner to MSQE and Foundation leadership.
Experience
A minimum of 12 years of combined experience in lead operations and financial management roles of a multi-disciplinary healthcare practice, a minimum of 8 years of experience in direct financial management
Experience leading in academic medical centers or institutions with significant research/teaching components
Experience with research funding (grants, NIH, philanthropy, and indirect cost recovery)
Experience with Graduate Medical Education (GME) funding, resident/fellow support, and related reimbursement
Experience leading the financial management or operations for large multi-site physician groups and/or employed physician networks
Experience in budgeting and forecasting, financial planning, productivity analytics, reimbursement, and capital planning
Education
Bachelor’s degree in business, accounting or finance
Preferred Qualifications
Master’s degree and/or CPA, CPAM or FHFMA certifications
Additional experience in a financial role at a payor organization
A large integrated physician practice or acute care health system experience
Pediatric experience
Certification Summary
No professional certifications required
Knowledge, Skills and Abilities
Comprehensive knowledge of healthcare finance, physician enterprise operations, education, and research
Understand academic health center dynamics: understanding of the three missions (clinical, research, and education), and how funds flow between hospital, school of medicine, and physician enterprise.
Familiarity with affiliations and joint ventures: can interpret and operationalize affiliation agreements, management services agreements, and professional services agreements.
Strategic financial planning, forecasting, and performance management
Executive communication and presentation skills
Financial modeling, analytics, and decision support
Project and program management
Team development, coaching, and succession planning
Conflict resolution, negotiation, and change management
Ability to build trust through strong relationships with physicians, executive leadership, and operational partners. Be respected as a trusted advisor.
Ability to lead effectively in highly ambiguous and rapidly changing environments
Ability to translate complex financial information into actionable insights for diverse audiences
Ability to drive accountability and achieve measurable operational and financial results
Must possess excellent communication, organization, and interpersonal skills as well as aptitude for conflict resolution, problem-solving and staff development
Demonstrated ability to develop strong, collaborative relationships
Demonstrates the following skills in accomplishing job duties and responsibilities: personal organization and time management, human relations and teamwork, personal adaptability, personal motivation, listening.
Job Responsibilities
Leads all operational financial functions including, month-end close, variance analysis, budget, process, pro forma development, and long-range financial planning.
Responsible for process improvement in charge capture and reconciliation, as well as other areas of revenue optimization.
Responsible for team and leader development, engagement, and retention.
Responsible for key performance metrics reporting and interpretation.
Develops strategies/alternatives for optimal performance by collaborating with leaders from revenue cycle, managed care, and coding areas.
Responsible for setting and following the strategic financial direction for Mission Support Quasi Endowments (MSQE) and Foundation, including goal setting, near and long-term planning.
Operates as the key financial partner to the VPs of the functional areas as well as the Executive Director of the Pediatric Institute, while overseeing day-to-day financial operations. Responsible for reviewing, analyzing, and interpreting the results of operations while working with the practices to achieve targeted results.
Leads the annual budget (operating and capital) process and provides direction on how to utilize tools and set budgets. Reviews and approves the initial budget submission for the group. Serves as an advocate and first point of contact for all budget matters.
Oversees the development of financial pro formas, financial feasibility studies and business plans with operational leaders by providing input, guidance, and validation.
Engages with legal, human resources and third-party consultants to structure appropriate contract terms related to affiliations.
Works closely with Finance to determine and understand profitability by functional unit, financial class, and other meaningful segmentations; uses this knowledge to educate leadership on implications of decisions to long-term profitability.
Demonstrates competence as described in the Children’s Leadership Competencies.
Monitors and ensures compliance with all regulatory requirements, organizational standards, and policies and procedures related to area of responsibility; maintains records and reporting of compliance activities.
Identifies potential risk areas within area of responsibility and supports the problem resolution process.
Provides excellent service routinely in interactions with all customers, i.e., coworkers, patients, visitors, physicians, volunteers, etc.
Develops monthly, quarterly, and annual financial reports/surveys/returns for internal and external constituents that are accurate, timely and compliant to support informed decision-making.
Interfaces with operating departments and financial operations managers to evaluate budget variances to appropriately report financial performance.
Represents the division as a member of the leadership team to develop and monitor the system’s mission and values, strategic/operational plans, budgets, resource allocation, quality improvement and utilization management activities.
Participates in educational programs and professional organizations to maintain knowledge of national health care trends and to promote leading edge performance.
Manages restricted funds (temporarily restricted and permanently restricted) to ensure assets are retained until the condition or time restriction is met and that funds are appropriately reported.
Children’s Healthcare of Atlanta is an equal opportunity employer committed to providing equal employment opportunities to all qualified applicants and employees without regard to race, color, sex, religion, national origin, citizenship, age, veteran status, disability or any other characteristic covered by applicable law.
Primary Location Address
1575 Northeast Expy NE
Job Family
Vice President
#J-18808-Ljbffr
Worksite address
atlanta, GA, 30383, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.