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Salinas Valley Health

Director Financial Planning & Decision Support

Salinas Valley Health, Salinas, California, United States, 93911


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Department:Financial Planning & Development

Under the direct supervision and partnership of the Chief Financial Officer, the Director of Financial Planning & Decision Support is responsible for driving short-term and long-term financial planning for Salinas Valley Health (SVH). SVH includes Salinas Valley Health Medical Center, Salinas Valley Health Clinics, Doctors on Duty (Urgent Care), and all other affiliates, including joint ventures. This includes development of annual capital and operating budgets for the System, five-year financial forecast, and preparation of financial feasibility studies and proformas for various business development opportunities. This position also oversees the cost accounting system which is used to generate timely and effective financial analytics to support executive decision-making. This includes development of service line proformas for all programs to be used for strategic planning purposes. The Director of Financial Planning & Decision Support will develop a positive rapport with entire leadership team at all levels in support of the financial operations of SVH. This position is responsible for providing ongoing training and education to the leadership of the organization related to financial performance reviews and assist with identifying opportunities for improvement. This position is an integral part of the monthly financial presentations for the Finance Committee and the Board of SVH.

Leads and manages development of Annual Operating and Capital Budgets. D e v e l op s a n d m a in ta i n s b u d g e t p r o c e d u r e s, sc h e d u l e s a n d ma t e r i a l s, w hi ch e n s u re a c c u r a t e a n d t i me ly p r o du c t i o n o f ho s pi t al - w i d e de t ai l e d bu d ge t s. I den t i f ie s k e y i s s ue s, t r e n d s, a n d p r o b l e m a r e a s a n d c o m m u n i c a t e s f i nd i n g s t o s en i o r m a n a ge m en t .Prepares a five-year financial forecast to be used by the executive team for decision-making.Directs staff in the maintenance of cost accounting systems including timely periodic updating of costing standards and monthly reconciliation of all costs to the general ledger.Assists in the evaluation of proposed business development opportunities and contract negotiations.Implements, maintains, and reviews productivity reports with leadership of SVH.Prepares monthly Department Performance/Budget Variance reports.Tracks capital budget spending, including budget substitutions.Partners with Human Resources and executive leadership to implement position control strategies and processes to manage staffing requests and requirements.Provide training of department directors, managers, and other staff as needed in budget processes and procedures, performance reporting, and decision support systems.Serve as a resource in partnership with Director of Patient Financial Services and Chargemaster Manager to prepare cost analyses for new procedure codes of the hospital.Provides direct supervision and development of analytical staffInformation Systems job responsibilities:

Employee should be familiar with the Information Systems Standards and Best Practices concepts and requirements. http://policies/dotNet/documents/?docid=4484&mode=viewEmployee shall document the system management, maintenance, and support requirements in a location accessible to Information Technology and appropriate SVH support staff who have responsibility.Performs other duties as assigned, in order to enhance the overall efficiency of the Hospital's record processing and keeping functions including any or all confidential records associated with payroll and accounts payable, and any special projects as assigned.

Education:

Bachelor of Science Degree in accounting or finance required. Master's in Business Administration degree highly preferred.

Licensure:

None required.

Experience:

Five to seven years minimum experience in a director level position responsible for financial planning and decision support services in a 200-plus bed acute care hospital setting.

The hourly rate for this position is $76.24 - $95.30 The range displayed on this job posting reflects the target for new hire salaries for this position.

Job Specifications:• Union: Non-Affiliated

• Work Shift: Day Shift

• FTE: 1.0

• Scheduled Hours: 40

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!