Capital Health is the region's leader in providing progressive, quality patient care with significant investments in our exceptional physicians, nurses and staff, as well as advance technology. Capital Health is a five-time Magnet-Recognized health system for nursing excellence and is comprised of 2 hospitals. Capital Health Medical Group is made up of more than 250 physicians and other providers who offer primary and specialty care, as well as hospital-based services, to patients throughout the region.
Capital Health recognizes that attracting the best talent is key to our strategy and success as an organization. As a result, we aim for flexibility in structuring competitive compensation offers to ensure we can attract the best candidates.
Position Overview
Minimum Pay:
$150,000
SUMMARY (Basic Purpose of the Job)
Manages the daily operations of the Budget and Decision Support Department. Ensures that appropriate fiscal controls are in place and in alignment with all Capital Health (CH), procedures, and practices. Oversees Financial Analysts and Decision Support Analysts. Responsible for the coordination, preparation and reporting of the financial, statistical, and capital budgets. Analyzes past and present financial operations. Prepares forecasts for future revenues and expenditures as part of the budget process. Performs routine and periodic analyses to help facilitate the financial planning process for strategic initiatives. Manages all financial and statistical data requests throughout the organization for proper delegation and source data validation.
MINIMUM REQUIREMENTS
- Education: Bachelor's degree in accounting/finance.
- Experience: Five or more years experience in healthcare financial accounting and reporting.
- Other Credentials:
- Knowledge and Skills: Possesses excellent organizational skills and verbal and written communication skills. Ability to effectively manage multiple projects simultaneously and ability to respond quickly in a fast paced environment.
- Special Training: Mastery of advanced Excel a must, including v-lookup, IF formulas, pivot tables, etc. Proficient in Microsoft Suite, including Excel, Word and PowerPoint.
- Mental, Behavioral and Emotional Abilities: Ability to multi-task using organizational skills to manage multiple ongoing projects.
ESSENTIAL FUNCTIONS
- Exercises discretion and judgement when developing short and long-term departmental goals and objectives consistent with the CH mission statement and objectives. Manages the development and implementation of departmental polices and procedures.
- Plans, reviews, coordinates, and evaluates through subordinate staff and manages the functions of the Budget and Decision Support Department to achieve operational efficiency and to ensure compliance with established laws, regulations, practices, and procedures. Carries out management responsibilities in accordance with the organization's polices and applicable laws.
- Interviews, hires, and trains employees. Plans, assigns, and directs work. Appraises performance. Rewards and disciplines employees. Addresses complaints and resolves problems.Manages the development and implementation of Capital Health’s operating and capital budgets with all departments. Leads the team and serves as a key resource with build and changes within the budget & reporting software tool.
- Attends, participates, and provides constructive input as a member or leader of multidisciplinary activities or committees.
- Oversees the compilation of robust reporting packages, including budget vs. actual variances and the related explanations, and leads discussions with management to promote financial sustainability.
- Performs mastery level of advanced Excel, including v-lookup, IF formulas, pivot tables, etc.
- Manages staff and reviews their processes for providing consultation, training, and education to department heads and the senior leadership team for utilization of departmental forms, the budget & reporting software tool, and the productivity software tool.
- Ability to design and interpret complex financial analyses in support of the strategic initiatives of Capital Health and its affiliates.
- Manages the preparation of financial forecasts and related sensitivity analysis for defined financial performance initiatives. Reads, analyzes and interprets financial models.
- Assists with the design of financial models and performs valuation analysis as needed to evaluate products, physician relationships, position growth, service line segments, and new business opportunities. Periodically reviews product line profitability and related revenue streams. Works on ad-hoc projects as needed.
- Maintains an up-to-date knowledge of all appropriate decision support systems. Demonstrates the ability to utilize all systems fully and efficiently and requests other needed data from appropriate staff/leaders.
- Oversees staff responsible for producing bi-weekly productivity reports and communicates trends.
- Ensures benchmarks are set appropriately and used as improvement targets for productivity. Serves as a super user and system administrator of various data support systems and understands various components and modules for decision support services and ensures data integrity and system functionality.
- Performs other duties as assigned and possesses a willingness to adapt to changing department demands.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
- Frequent physical demands include: Keyboard use/repetitive motion , Talk or Hear
- Occasional physical demands include: Standing , Walking , Carry objects , Push/Pull , Twisting , Bending , Reaching forward , Reaching overhead , Squat/kneel/crawl , Wrist position deviation , Pinching/fine motor activities
- Continuous physical demands include: Sitting
- Lifting Floor to Waist 15 lbs. Lifting Waist Level and Above 10 lbs.
- Sensory Requirements include: Accurate Near Vision, Accurate Far Vision, Color Discrimination, Minimal Depth Perception, Moderate Hearing
- Anticipated Occupational Exposure Risks Include the following: Dust/Particulate Matter
IND123
Offers are contingent upon successful completion of our onboarding process and pre-employment physical. Capital Health will require all applicants to have an annual flu vaccine prior to start date, with the exception of individuals with medical and religious exemptions.
"Company will never ask candidates for social security numbers or date of birth during application phase. If you are asked for this information online, you may be a target for identity theft."
For benefit eligible roles, in addition to cash compensation, we provide a comprehensive and highly competitive benefits package, with a variety of physical health, retirement and savings, caregiving, emotional wellbeing, transportation, robust PTO plan, overtime to eligible roles, and other benefits, including "elective" benefits employees may select to best fit the needs and personal situations of our diverse workforce.
The pay rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining base salary and/or rate, several factors may be considered including, but not limited to location, years of relevant experience, education, credentials, negotiated contracts, budget, market data, and internal equity. Bonus and/or incentive eligibility are determined by role and level.
The salary applies specifically to the position being advertised and does not include potential bonuses, incentive compensation, differential pay or other forms of compensation, compensation allowance, or benefits health or welfare. Actual total compensation may vary based on factors such as experience, skills, qualifications, and other relevant criteria.
