Executive Director of Finance
Executive Director of Finance
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Salary Not Disclosed
1 Vacancy
Job Description
Position Summary:
The Executive Director of Finance is a senior leadership role responsible for overseeing financial operations across the entire MemorialCare Health System. This position reports directly to the Chief Financial Officer (CFO) and plays a critical role in strategic financial planning regulatory compliance and high-level financial reporting. The Executive Director ensures that financial practices support the organizations mission of delivering high-quality cost-effective healthcare throughout California.
Key Responsibilities:
- System-Wide Financial Oversight: Lead and manage financial operations across all MemorialCare entities including hospitals medical groups and affiliated services.
- Strategic Planning & Forecasting: Collaborate with the CFO and executive leadership to develop long-term financial strategies capital plans and operational budgets aligned with organizational goals.
- High-Level Financial Reporting: Prepare and present comprehensive financial reports to the CFO and executive team including performance metrics variance analyses and recommendations for improvement.
- Regulatory Compliance: Ensure full compliance with California healthcare financial regulations including state-specific reporting requirements reimbursement policies and audit standards.
- Budget Development & Management: Direct the annual budgeting process monitor expenditures and manage financial performance to meet or exceed targets.
- Operational Efficiency & Cost Management: Identify opportunities for cost reduction and revenue enhancement across departments. Lead initiatives to improve financial processes and systems.
- Leadership & Collaboration: Serve as a key advisor to the CFO and collaborate with clinical and administrative leaders to support financial decision-making. May oversee finance department staff and support their professional development.
Qualifications:
- Bachelors degree in Accounting Finance Business Administration or Healthcare Administration (MBA MHA or CPA strongly preferred)
- Minimum of 10 years of progressive financial leadership experience in a healthcare setting preferably within a hospital system
- Deep understanding of California healthcare regulations and financial reporting standards
- Proven ability to lead complex financial operations and present to executive leadership
- Strong analytical communication and strategic thinking skills
Employment Type
Full-time
