Director, Financial Operations
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Job Location:
Atlanta, GA - USA
Monthly Salary:
Not Disclosed
Posted on:
23 days ago
Vacancies:
1 Vacancy
Job Summary
Overview
Be inspired. Be rewarded. Belong. At Emory Healthcare.
At Emory Healthcare we fuel your professional journey with better benefits valuable resources ongoing mentorship and leadership programs for all types of jobs and a supportive environment that enables you to reach new heights in your career and be what you want to be. We provide:
- Comprehensive health benefits that start day 1
- Student Loan Repayment Assistance & Reimbursement Programs
- Family-focused benefits
- Wellness incentives
- Ongoing mentorship development and leadership programs
- And more
Description
The Director of Financial Operations is a key leadership position within the healthcare organizations finance department. This role is responsible for overseeing and managing the financial operations processes and systems to ensure the financial health and stability of Emorys operating unit. The Director of Financial Operations reports directly to the Division Chief Financial Officer (CFO) and collaborates closely with other senior management clinical department heads and administrators.
Key Responsibilities:
Financial Strategy:
- Develop implement and communicate the financial strategy of the organization aligned with its overall goals and objectives.
- Provide input and recommendations to the CFO and executive management regarding financial decisions and revenue generation.
Financial Planning and Analysis:
- Lead onsite hospital efforts pertaining to the annual budgeting and forecasting process in collaboration with EHCs financial planning department and working closely with clinical department heads to establish financial targets and guidelines.
- Monitor and analyze financial performance against budgets and forecasts identifying opportunities for cost control and revenue enhancement.
Financial Reporting:
- Prepare and present accurate and timely financial reports including income statements balance sheets cash flow statements and other financial metrics to the CFO senior management and other governing bodies.
Financial Operations:
- Oversee daily financial operations including labor management (productivity) expense management and month end variance explanations.
- Acts as a liaison to execute onsite process improvement efforts pertaining to revenue cycle to optimize revenue capture and minimize denials.
- Lead a high-performing financial operation functions by providing guidance and education to clinical department leaders.
- Coordinate and support system initiatives to improve the financial health of the organization
- Foster a culture of accountability transparency and excellence within the department.
Process Improvement:
- Continuously evaluate financial processes and systems identifying opportunities for streamlining and efficiency improvements.
- Implement best practices to enhance the overall financial operations of the organization.
- Collaborate with internal departments and external partners to achieve financial objectives.
- Additional Duties as Assigned.
Travel:
- Less than 10% of the time may be required but travel between OUs may be required at times
Work Type:
- Hybrid employee - splits time between working remotely and working in the office.
Minimum Required Qualifications:
Education:
- Bachelors degree in finance accounting or a related field is required. A masters degree (e.g. MBA or MFin) is often preferred.
Experience:
- Proven experience in financial management and leadership typically with a minimum of 7-10 years in progressively responsible roles.
- Preferably in the healthcare industry.
Skills Abilities & Knowledge:
- Strong financial analysis and strategic planning skills.
- Excellent interpersonal and communication skills.
- Proficiency in financial software and ERP systems.
- Strong leadership team management and problem-solving abilities.
- Ability to work effectively in a fast-paced dynamic environment.
- The Director of Financial Operations plays a pivotal role in ensuring the financial sustainability of the healthcare organization and contributes significantly to its overall success.
- This role requires strong financial acumen leadership skills and strategic thinking to ensure that the companys financial operations run smoothly and efficiently.
Additional Details
Emory is an equal opportunity employer and qualified applicants will receive consideration for employment without regard to race color religion sex national origin disability protected veteran status or other characteristics protected by state or federal law.
Emory Healthcare is committed to providing reasonable accommodations to qualified individuals with disabilities upon request. Please contact Emory Healthcares Human Resources at . Please note that one weeks advance notice is preferred.
Required Experience:
Director
Key Skills
- Employee Relations
- Employee Evaluation
- Management Experience
- Profit & Loss
- Conflict Management
- Operations Management
- Project Management
- Budgeting
- Leadership Experience
- Supervising Experience
- Leadership management
- Financial Planning
About Company
"Have a Coke and a smile" means more to Emory University than it does to the rest of the world. The school, which has some 13,300 students and about 12,500 staff and faculty members, has a very low student-teacher ratio of about 7:1. It changed from Emory College to Emory University i ... View more
