Director - Finance

Overview:

Experience the advantages of real career change

Join Piedmont to move your career in the right direction. Stay for the diverse teams you’ll love, a shared purpose, and schedule flexibility that frees you to live for what matters both in and outside of work. You’ll feel valued, motivated to be your best, and recognized for your contributions to exceptional patient outcomes. Piedmont leaders are in your corner, invested in your success. Our wellness programs and comprehensive total benefits and rewards meet your needs today and help you plan for the future.

 

Responsibilities:

JOB PURPOSE:

Responsible for managing the hospital Finance department. This includes, but is not limited to,

overseeing and monitoring project accounting, business case development, variance analysis,

department level budgets, measurement and tracking of new services, and labor analysis. Works

collaboratively with entity department leaders and other Finance departments to develop and deliver

management reports and meaningful insights from data to further decision making.

KEY RESPONSIBILITIES:

1. Supervises overall business performance analyses and decision support activities and provides

strategic financial insight to the hospital CFO.

2. Collaborates with PHC Financial Planning and Analysis and Strategic Planning departments to

prepare the annual capital and operating budgets (entity and departmental level) in a manner

congruent with PHC and local strategic plans and operating goals. Report on interim progress toward

budgeted objectives on a regular basis.

3. Collaborates with shared functions and other departments on cash control, physician inventory, tax

filings (e.g. 990-T), cost report workpaper development, and works to understand and resolve other

issues as needed (e.g. over/under accruals, prepaid needs, and etc.).

4. Works with PHC Strategic Planning and other departments to produce the Georgia Annual Hospital

Questionnaire (AHQ), and Hospital Financial Survey (HFS), and other related submissions.

5. Liaises with physician accounting and the physician practices as needed on physician practice

subsidies, income guarantees, practice startups/acquisitions, and etc. to help support information

sharing, communications, performance improvement, decision making and other needs, as required.

6. Produces, distributes, and explains management reports and analyses that relate to past activity,

operational opportunities, and strategic objectives. This includes standard format Financial

Statements, concurrent month-to-date activity, ratio analysis, and coordinating/reviewing

departmental responsibility report submissions. Analysis should include feedback of service line

results as needed, pro-forma projections of proposed decisions and specific staffing and productivity

data. The Hospital Finance Director should produce analysis on an ad-hoc basis upon requests and

be proactive in bringing issues and opportunities to decision-makers.

7. Establishes ongoing communication and review with agreed upon parties (e.g. CFO, departments,

department leaders, and VPs) to review performance and explore opportunities for improvement.

8. Translates system-wide operating strategies and key performance indicators (“KPIs”) into entity

specific initiatives and uses financial analysis to provide insightful interpretations for decision making.

9. Drives entity-wide Finance strategy and assists the hospital CFO in making key decisions.

10. Assists hospital CFO with reviewing the methodology used by Finance staff to evaluate internal and

external business opportunities and suggests alternatives.

11. Identifies and manages continuous process improvement initiatives and drives strategic Finance

initiatives.

12. Participates in performance management process including performance evaluation, coaching, and

development of direct reports.

13. For entities that are still running legacy computer systems, position may be responsible for a variety

of tasks supportive of broader financial and / or other needs.

14. Performs other duties as assigned.

Qualifications:

MINIMUM EDUCATION REQUIRED:

Bachelor’s degree from a recognized college or university in Business Administration, Business

Management, or business related field is required.

MINIMUM EXPERIENCE REQUIRED:

Seven (7) years of work experience in a Finance role, preferably in a multi-entity healthcare environment,

is required.

MINIMUM LICENSURE/CERTIFICATION REQUIRED BY LAW:

None.

ADDITIONAL QUALIFICATIONS:

Master’s Degree in Business Administration, Hospital Administration, Accounting, Finance or a closely

related field, or designation as a Certified Public Accountant is preferred.

Demonstrates strong communication and interpersonal skills at all levels including the ability to explain

business metrics that drive financial performance.

Demonstrates strong problem solving, project management, teamwork, and organizational skills.

Business Unit : Company Name: Piedmont Augusta Hospital