Humboldt Park Health Hiring for Manager, Financial Decision Support and Budget Job at Chicago, IL Full Time

Essential Duties and Responsibilities:

• Provide actionable data and analyses to various stakeholders across the organization.
• Prepares annual, operating, and capital budgets including developing volume projections, expense targets, and other financial statement items.
• Provides ongoing training to department managers and directors on the Axiom budget system. Develops budget assumptions to be reviewed by leadership and Finance Committee.
• Prepares mid-year operating and cash forecasts reflecting changes to key budget assumptions.
• Develops and implements a monthly Budget reporting and financial impact initiative. Works with the department managers/directors, identifying opportunities to achieve and exceed budget targets.
• Manages and monitors labor-management activities.
• Participates in the month-end closing process. Completes the analysis of budget variances and obtains explanations for revenue and operating expense trends.
• Completes business proformas for new and existing service lines and physician practices.
• Implements a capital planning process to identify and prioritize high-priority capital items. Works with leadership to develop a scoring system to assist in the capital decision process.
• Supports the external capital Financing plan including the preparation of key materials for the credit rating process and bank discussions. Works with the external financial advisor to prepare materials for the Board of Directors and Finance Committee.
• Works with the information technology department to prepare net patient revenue statements for existing service lines and physician practices.
• Participates in the Revenue cycle task force to identify trends that impact the strategic financial projections and operating budget.
• Stays current with the health care trends and government regulations specifically related to changes in hospital reimbursement or operating expenses. Perform other ad hoc analysis.

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  5+ to 7 years of experience required

A minimum of five to seven years of financial planning and budget preparation, including knowledge of budgeting systems and fincanical planning tools. Preparation of multi-year financial projections, including balance sheet and cash flow statements.

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  Bachelor’s required, Bachelor’s degree in Accounting or Finance required. MBA or CPA preferred
• 
  Healthcare background preferred

Strong attention to detail with advanced analytical and accounting skills. Excellent customer service skills. Strong critical thinking, leadership, and project management skills. Advanced Microsoft Excel and Access skills. Meditech preferred.

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  CPA preferred
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  Excellent communications skills, verbal and written
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  Analytical ability
  

Education

Required

• Bachelors or better in Accounting

Behaviors

Required

• Team Player: Works well as a member of a group
• Innovative: Consistently introduces new ideas and demonstrates original thinking
• Leader: Inspires teammates to follow them
• Functional Expert: Considered a thought leader on a subject
• Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well

Motivations

Required

• Goal Completion: Inspired to perform well by the completion of tasks

Preferred

• Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization