Executive Director of Finance
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Job Location:
Baltimore, MD - USA
Yearly Salary:
$ 189000 - 230000
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Responsibilities:
The Executive Director of Finance oversees Johns Hopkins Bayview Medical Center (JHBMC) financial operations under the direction of the JHBMC Vice President of Finance/CFO. This position will provide strategic leadership and direction for all financial aspects within the functional area and will provide senior management with financial reports and overall financial management necessary for the fiscally prudent operation of each area. The position will be an integral part of the management of the functional area and will ensure development of a strong finance team through the mentoring of key individuals within the department.
Role Accountabilities Include
- Development and review of the functional area(s) finance staff
- Partner with operational leaders to assess analyze and help manage operating and capital budgets. Opine on business plans particularly on the revenue assumptions and bottom line impact of regulated services under GBR.
- Provide financial guidance and consultation to senior management and key stakeholders
- Annual operating and capital budgets
- Financial analysis of actual and budgeted performance
- Providing monthly accruals and budget variance explanations to General Accounting
- Assist with production and maintenance of the monthly financial statements and reports
- Assist with revenue reconciliation billing and charge entry
- Research project administration and accounting (including grant submissions effort reporting and cost transfers)
- Partner with key stakeholders across the Johns Hopkins Health System to achieve strategic and operational objectives
- Responsible for using a data driven approach to assess new opportunities in the context of market demand and financial/resource investment feasibility
- Program/product development analysis
- Develop and/or monitor compliance with financial policies internal controls and internal audit recommendations
- Oversee budget development for JHBMC under the scope of the functional area assigned ensuring that the combined whole is accurate and complete. Monitor and address budget variances
- HBMC oversight of regionalized financial functional areas
- Develop and enforce departmental financial policies and internal controls. Work independently with limited supervision.
- Manages staff and has responsibility for hiring firing and performance management
- Resolve issues that block process; Identify appropriate communication channels; Primary responsibility for financial issues of JHBMC; Must ensure accuracy of data and quality of service. Utilize techniques of financial analysis to identify plan develop implement and monitor financial strategies and resolutions to problem areas
- Develop and interpret a variety of financial reports which may include: Income statements balance sheets statement of cash flows; Ratio interpretation financial performance monitoring as well as prospective external partners
Qualifications:
- BS/BA in Accounting Finance or related field required. CPA or Masters degree strongly preferred.
- Minimum ten years progressive experience in Business and Finance preferably in an academic medical center. 5-7 years of management experience with significant business impact.
- Working understanding of HSCRC payment policies and compliance requirements
Salary Range: $189000 - $230000 per year. Compensation will be commensurate with equity and experience for roles of similar scope and responsibility. In cases where the range is displayed as a $0 amount salary discussions will occur during candidate screening calls before any subsequent compensation discussion is held between the candidate and any hiring authority.
We are committed to creating a welcoming and inclusive environment where we embrace and celebrate our differences where all employees feel valued contribute to our mission of serving the community and engage in equitable healthcare delivery and workforce practices.
Johns Hopkins Health System and its affiliates are an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity and expression age national origin mental or physical disability genetic information veteran status or any other status protected by federal state or local law.
Johns Hopkins Health System and its affiliates are drug-free workplace employers.
Required Experience:
Director
Key Skills
- Crisis Management
- Marketing
- Public Relations
- Fundraising
- Media Relations
- Constant Contact
- Strategic Planning
- Social Media Management
- Team Management
- Public Speaking
- Wordpress
- Writing Skills
About Company
Johns Hopkins Medicine is a leading health system and academic institution in the U.S. Find information about doctors, locations, appointments, billing, research, education and more.
