Director of Finance-North and Northwest Region
Director of Finance-North and Northwest Region
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1 Vacancy
Job Description
The Director Finance reflects the mission vision and values of Northwestern Medicine (NM) adheres to the organizations Code of Ethics and Corporate Compliance Program and complies with all relevant policies procedures guidelines and all other regulatory and accreditation standards.
The Director Finance will oversee the financial operations financial analysis and the maintenance of internal financial controls for her/his area of responsibility and ensure compliance with systemwide financial and accounting policies and controls. Develop and execute financial strategies systems and processes that help to optimize current and future performance. Assist in the alignment of limited capital resources with strategic initiatives and in the optimization of finance unit opportunities. Implement the systems expense control methods at their finance unit and contribute to NMs optimal performance and strategic positioning efforts.
Responsibilities:
- Meet finance unit objectives by overseeing completion of the full range of unit assignments.
- Review edit and enhance work prepared by members of the finance team.
- Oversee the financial performance and reporting function of the assigned finance unit. Prepare and review reports on performance analyze variances and present data and/or make recommendations on actions that will ensure financial goals are met.
- Develop in collaboration with system leadership short and longrange strategic financial plans including capital budgets and capital management in accordance with the annual and longrange strategic planning of the system. Ensure the completion of the annual operating budget and monitor actual performance in comparison to budget.
- Assist with repositioning efforts (integration of other entities process improvement work) and facilitate other system initiatives as they might apply to the finance unit by involving the appropriate individuals in these efforts and by leading and/or participating in meetings to identify issues brainstorm ideas and create and implement action plans.
- Supervise investigate analyze and present recommendations with respect to cost and revenue initiatives including processes reengineering and detailed reviews.
- Maintain quality service standards as well as analyzing and resolving quality and customer service problems identifying trends and recommending and implementing system improvements.
- Meet with the appropriate operating unit CFOs to ensure all involved understand and are onboard with results issues challenges action plans etc.
- Serve as liaison between a specific finance unit and auditors to ensure audits quarterly reviews and other reporting are completed in a timely manner.
- Serve as a resource/liaison for operating unit CFOs as well as departments and functions that directly affect the financial performance of an operating unit by providing guidance on policies and procedures input on financial statement preparation consultation on specific financerelated issues or daytoday operational issues notification to appropriate personnel regarding material issues impacting net reimbursement etc.
- Prepare and present materials for meetings with operating units or as needed for Boardlevel committees.
- Research and understand changes in the healthcare regulatory environment in order to work with operating unit finance to determine appropriate actions as needed. Research and interpret changes in accounting policy applying observations and recommendations to operational issues.
- Carry out supervisory responsibilities in accordance with the organizations policies and applicable laws. Responsibilities include interviewing hiring and training employees; planning assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
- Maintain professional and technical knowledge by attending educational workshops reviewing professional publications establishing personal networks adopting and implementing industry best practices and participating in professional societies.
- Protect operations by keeping financial and patient information confidential.
- Support Northwestern Medicines finance operations as an integrated team leader.
Qualifications :
Required:
- Degree in Accounting Finance or Business
- 7 years progressive financial leadership experience as a finance director controller similar senior level finance position or similar progression of management responsibilities
- Excellent oral and written communication analytical collaboration and facilitation skills
- Demonstrated willingness to share information
- Demonstrated commitment to following GAAP and NM system policies in all financial decisions
- Ability to summarize complex issues into key elements
- Knowledge of Microsoft Office Suite
- Experience with an enterprise resource planning (ERP) system preferably PeopleSoft
- Experience with a healthcare revenue cycle system preferably EPIC
- Leadership and flexibility managing relationships in large corporate environment
Preferred:
- Masters degree in accounting Finance or Business
- CPA with proof of maintaining education requirements
- Fellow certification (FHFMA) in Healthcare Financial Management Association
- Progressive financial leadership experience in healthcare
Additional Information :
Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age sex race color religion national origin gender identity veteran status disability sexual orientation or any other protected status.
If we offer you a job we will perform a background check that includes a review of any criminal convictions. A conviction does not disqualify you from employment at Northwestern Medicine. We consider this on a casebycase basis and follow all state and federal guidelines.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
