Description The Director Finance is responsible for the financial oversight of assigned ministries, including monitoring financial performance, variance reporting, supporting the achievement of productivity and supply chain targets, and participating in ministry level management meetings. The Director Finance will be a key liaison to accounts payable and payroll process, in support of the managers and senior leaders throughout the ministries. Furthermore, the director of finance will assist in facilitation of capital projects as prioritized and approved through regional and system processes. As a part of the regional finance team, the Director Finance will assist with development of ministry budgets, and provide assistance as needed to the ministry senior management team and departmental leaders as they work to achieve annual and long term strategies. Primary areas of responsibility will also include development and management of dashboards, achievement of internal audit recommendations, and leading special projects as assigned for both the ministry and the region. Key areas of responsibility include the review of monthly financial statements, and the partnership with the PSJH accounting team to accurately reflect economics representative of operational and clinical services. ESSENTIAL FUNCTIONS
- Assist the Service Area Chief Financial Officer, Senior Operational Leaders and other executives as appropriate in financial oversight of assigned ministries.
- Perform all duties in a manner that promotes the mission, values and vision of Providence St. Joseph Health.
- Monitor financial performance of the ministry/ministries to ensure achievement of financial targets.
- Assist in the production of accurate financial statements, reflective of operational and clinical services provided at assigned ministries, inclusive of contractual analysis, recording of other net income, and accurate accrual of all expenses.
- Assist in the review and monitoring of statistical information in order to accurately reflect operational and clinical services.
- Collaborate with regional finance team in the budget and strategic financial planning process for assigned ministries.
- Work with other regional finance team members, ministry departmental managers and ministry senior leaders to perform budget variance analysis and to develop and implement improvement plans.
- Coordinate with ministry administrator on a monthly financial review process.
- Support productivity management through measurement processes including target setting, and in consideration of benchmarking data. Assist leaders throughout accountable ministries with implementation of staffing matrices.
- Participate in ministry management meetings.
- Assist with review of Institute (a/k/a service line) financial information in order to inform and improve operational plans for assigned campuses. Support management in understanding the economics related to service lines.
- Lead special projects as assigned and perform other duties as assigned.
- Collaborate and engage with other finance team members across the system to share best practices and accomplish system-wide initiatives.
- Collaborate with regional leadership team to ensure consistent standards of care, employee performance and financial management processes are applied to ensure accreditation and regulatory guidelines are met.
- Provide leadership to ensure the overall finance role is understood in the organization and broader community.
- Communicate clearly, regularly and effectively with all levels and functions of the organization to create an atmosphere of mutual respect, openness and encouragement.
QUALIFICATIONS
- Bachelor's Degree in Accounting, Finance, or related field
- Upon hire: Certified Public Accountant (preferred)
- Upon hire: HFMA or FACHE (preferred)
- 8 years of experience in a leadership role or capacity
- 10 or more years of closely related experience
- Ability to use mathematical methods or formulas to solve a problem.
- Ability to analyze and interpret financial data.
- Ability to analyze information, evaluate results to choose the best solution and solve problems.
- Ability to analyze information gathered by investigation, and report findings and recommendations.
- Demonstrated problem solving skills.
- Knowledge of financial principles and practices and the ability to apply them effectively.
- Effective written communication skills as appropriate for the needs of the audience.
- Ability to develop and deliver effective presentations; live, via online or virtual mediums as needed to support leaders throughout assigned ministries.
- Excellent collaboration and team building skills.
- Effective conflict management skills.
- Ability to effectively build relationships with customers, executive management, and other stakeholders through positive interaction and problem identification and resolution.
- Knowledge and understanding of the trends and changes taking place in health care.
- Understanding of local integrated delivery systems of a large, multi-site health system.
- Ability to represent the company with external customers/clients.
- Demonstrates a high level of accuracy, even under pressure.
- Demonstrates excellent judgment and decision-making skills.
- Excellent organizational skills.
- Ability to exercise sound judgment and make decisions based on accurate and timely analysis.
- Ability to work within tight time frames and meet strict deadlines.
- Ability to drive multiple projects to successful completion.
- Ability to prioritize responsibilities and to organize workload to ensure that time frames are met, and the work is successfully completed within deadlines.
- Demonstrated ability to define, develop, and analyze performance measures and metrics.
- Demonstrated project management skills.
- Demonstrated planning and project oversight/management skills.
- Demonstrated skills in project plan design and implementation, directing projects, coordinating the work of operational teams, and managing project budgets.
- Effectively manages to project deadlines and escalates issues as appropriate.
- Working knowledge of desktop software applications (e.g., MS Outlook, Word, Excel, Access, Internet, Email).
- Knowledge of basic office practices, procedures, machines and equipment.
- Demonstrable working knowledge of spreadsheet, database, word processing and desktop publishing software.
- Knowledge of the use of health information technology to improve care (e.g.: electronic medical records, disease registries, websites, IVR).
About Providence At Providence, our strength lies in Our Promise of "Know me, care for me, ease my way." Working at our family of organizations means that regardless of your role, we'll walk alongside you in your career, supporting you so you can support others. We provide best-in-class benefits and we foster an inclusive workplace where diversity is valued, and everyone is essential, heard and respected. Together, our 120,000 caregivers (all employees) serve in over 50 hospitals, over 1,000 clinics and a full range of health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. As a comprehensive health care organization, we are serving more people, advancing best practices and continuing our more than 100-year tradition of serving the poor and vulnerable. The amounts listed are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities. Providence offers a comprehensive benefits package including a retirement 401(k) Savings Plan with employer matching, health care benefits (medical, dental, vision), life insurance, disability insurance, time off benefits (paid parental leave, vacations, holidays, health issues), voluntary benefits, well-being resources and much more. Learn more at providence.jobs/benefits. Requsition ID: 311886 Company: Not Applicable Job Category: Finance Operations Job Function: Finance Job Schedule: Full time Job Shift: Day Career Track: Leadership Department: 4004 SS REG FIN OPS WAMT Address: WA Spokane 101 W 8th Ave Work Location: Sacred Heart Medical Center-Spokane Workplace Type: Hybrid Pay Range: $66.55 - $108.48 The amounts listed are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.
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