Finance Director Jobs

Position Summary

Responsible for managing large functional team(s) in the creation, execution and refinement of financial analyses, business processes, accounting, reporting, reimbursement and other finance and accounting related activities.

Responsibilities

Essential Functions

• Responsible for development of a highly effective and flexible team.
• Serve as a finance business partner to executive leadership on a regular basis.
• Develops team members into highly effective and flexible team which is able to meet customer needs with accuracy and a high quality level of work product.
• Responsible for financial oversight of complex financial functions and processes including support to multiple business units.
• Maintains reasonably regular, punctual attendance consistent with Orlando Health policies, the ADA, FMLA and other federal, state and local standards.
• Provide accurate internal and external financial accounting and reporting.
• Assure team supports business planning processes, the development of annual operating and capital budgets, accounting related business processes, financial reporting, decision support and cost accounting, regulatory filing or other similar finance and accounting related activities.
• Manages various human resource functions including hiring, work assignments, coaching plans and performance counseling.
• Responsible for continuously improving internal processes and seeking and implementing, with team members, innovative ways to improve quality and reduce cost.
• Responsible for managing all team members in one or more functional areas. o Responsible for the achievement of team critical success factors, which include anticipating and meeting customer requirements, accuracy and high quality of work product and achievement of cost effective results.
• Maintains compliance with all Orlando Health policies and procedures.
• Responsible for the fiscal management of all operating budgets in assigned areas, while monitoring and promoting cost[1]effectiveness for the organization.
• Establishes policies and procedures, standards and objectives in coordination with the vision and goals of Orlando Health.
• Assure team provides internal and external customers with accurate and timely data to support strategic decision making and compliance.

Specialization In Strategic And Financial Planning

• Build and maintain strong relationships throughout the organization, community and within the field of healthcare.
• Collect, analyze and present financial information to assist leadership in identifying risks and opportunities.
• Complete responsibility for managing a department, including the preparation of annual budgets achieving budget, and compliance with all policies associated with the department.
• Oversee financial modeling, analysis and valuation of new service lines and businesses.
• Assist with and oversee initiatives to improve planning processes and to support strategic development with timely analysis of data.
• Responsible for developing and maintaining reporting to evaluate financial performance compared to key performance indicators.
• Champion best practices and assess process improvement opportunities that drive improved efficiency and productivity.
• Develop and interpret reports to assist leadership with evaluation of trends and/or changes in business practice.
• Collaborate with corporate accounting and leadership to identify challenges and priorities.
• Responsible for long term plan, annual budget and forecast development, including the gathering of necessary data, development of supporting models, collaborating with internal partners to determine assumptions and establish key benchmarks.
• Provide direction and perspective on strategic business decisions.
• Responsible for development of monthly, quarterly and ad-hoc forecasts to provide direction and insight for decision making.
• Oversee the development and preparation of predictive models to assist management with the evaluation of changing regulatory and market forces.
• Oversee the development and preparation of financial and statistical reports to support leadership in business development, strategic planning and financial performance review.
• Remain current on industry trends, key competitors and other market forces.

Specialization In Reimbursement

• Provide ongoing financial oversight in reimbursement.
• Oversee and coordinate information gathering for the cost report audits.
• Oversee coordination of the completion of all time studies, rotation schedules, bad debt logs, and concurrent nursery logs throughout the fiscal year that are used to complete the annual cost reports.
• Oversee completion of monthly managed care and other payers close schedules and journal entries including allowances and reserves to properly state patient accounts receivable
• Monitor records retention for all departmental records, producing as needed for auditors.
• Responsible for completion of monthly close schedules and accounting journal entries, ensuring proper statement of contractual adjustments and third party receivables and payables.
• Assure timely completion of reports for the annual financial statements external audit.
• Maintain knowledge of general ledger system, and such support systems as necessary to insure smooth flow of information to users.
• Assure knowledge of current regulations and assure the Company is in compliance with them.

Specialization In Foundation

• Directs the overall accounting, budgeting, tax compliance, and audit functions of the Foundation, including the Howard Phillips Center.
• Directs the overall accounting, budgeting, tax compliance, and audit functions of the Foundation, including the Howard Phillips Center.
• Serves as the Foundation accounting liaison with Board of Directors, Orlando Health leadership, CFO, Hospital Presidents and CFOs, Office of Grants Management and Foundation Board of Directors in all matters related to finance and accounting.
• Assumes primary responsibility for planning the Foundation’s annual operating and capital budgets and assists with those department budgets under the direction of Foundation President and Orlando Health CFO and Corporate Director Financial Planning.
• Oversees the financial and development system controls and practices to ensure timely financial and statistical reports to Board of Directors, Foundation President, Executive Directors, Hospital Presidents and CFOs, program personnel, and others.
• Responsible for management of information technology functions to accomplish finance and development reporting requirements.
• Oversees the completion of all Foundation audit activities including responsibility over the A-133 grants audit. Supervises Finance, Gifts Processing, Gift Receipting and Acknowledgment in the completion of their responsibilities.
• Assists in leading efforts related to other finance and accounting needs in all areas, including specialized Board and consolidated financial reporting, grants administration fundraising performance reporting and the Howard Phillips Center.
• Represents the Foundation in regard to financial matters within Orlando Health.
• Serves as the Foundation accounting liaison with Board of Directors, Orlando Health leadership, CFO, Hospital Presidents and CFOs, Office of Grants Management and Foundation Board of Directors in all matters related to finance and accounting.
• Represents the Foundation in regard to financial matters within Orlando Health.
• Supervises the implementation of Board policy relating to the custody, investment and financial management of the Foundation’s assets.
• Responsible for assessing and maintaining compliance with applicable federal and state laws related to charitable giving, all related programs and grant monies received from Federal and State agencies.
• Oversees the financial and development system controls and practices to ensure timely financial and statistical reports to Board of Directors, Foundation President, Executive Directors, Hospital Presidents and CFOs, program personnel, and others.
• Responsible for financial management of Greater Orlando Children’s Miracle Network.
• Assumes primary responsibility for planning the Foundation’s annual operating and capital budgets and assists with those department budgets under the direction of Foundation President and Orlando Health CFO and Corporate Director Financial Planning.

Other Related Functions

• Completes all mandatory education.
• Ability to manage large projects and oversee leadership of cross-functional teams.
• Assumes the responsibility for professional development and continuing education.
• Possesses effective communication and interpersonal skills. Required to effectively communicate complex financial models to a wide variety of audiences through verbal and written presentations.
• Chairs or leads meetings.

Orlando Health is a 3,238-bed system that includes 23 hospitals and emergency departments – 18 of which are currently operational with five coming soon. The system also includes nine specialty institutes in aesthetic and reconstructive surgery, cancer, colon and rectal, digestive health, heart and vascular, neuroscience, orthopedics, rehabilitation, weight loss and bariatric surgery. In addition, Orlando Health is home to more than 100 adult and pediatric primary care practices, skilled nursing facilities, an in-patient behavioral health facility under the management of Acadia Healthcare, and more than 60 outpatient facilities that include imaging and laboratory services, wound care centers, home healthcare services in partnership with LHC Group, and urgent care centers in partnership with FastMed Urgent Care. More than 4,000 physicians, representing more than 100 medical specialties and subspecialties have privileges across the Orlando Health system, which employs more than 25,000 team members and more than 1,200 physicians.

Orlando Health Orlando Regional Medical Center is honored to receive ANCC Magnet Recognition®, the most prestigious distinction a healthcare organization can earn for nursing practice and quality patient care. Research shows that Magnet hospitals and healthcare organizations have better outcomes, patient satisfaction and nurse retention. Orlando Health ORMC is the only adult acute care hospital with Magnet designation in Orlando.

Qualifications

Education/Training

Master’s degree in Finance, Business Administration, Accounting or related field. A Bachelor’s degree in Finance, Business Administration, Accounting or related field and five (5) years of directly related work experience may substitute for the Master’s degree (in addition to the requirements listed in the Experience section).

Licensure/Certification

Prior attainment of CPA may substitute for the Master’s degree requirement.

Experience

• Five (5) years of experience in finance management, public accounting management or consulting, to include at least five (5) years managing employees.
• Computer experience required with an emphasis on finance related IT systems management (General Ledger, Accounts Payable, Fund Accounting, Budget, Purchasing card, Cost Accounting, etc.), spreadsheet and/or database programs.