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RWJBarnabas Health

Site Financial Lead, Director of Financial Operations - Hybrid

RWJBarnabas Health, Oceanport, New Jersey, us, 07757


Site Financial Lead, Director of Financial Operations - HybridReq #:0000172818

Category:Accounting/Finance

Status:Full-Time

Shift:Day

Facility:RWJBarnabas Health Corporate Services

Department:Financial Operations

Location:

SBC Corporation, 2 Crescent Place, Oceanport - Hybrid, NJ 07757

Job Overview:

The Site Finance Lead (SFL) will provide high level support to the Site Finance Officer and the facility executive team to help them achieve their financial objectives. The SFL will be responsible for organizing dashboards, making recommendations and being the pace leader for projects and processes that involve operational managers and supervisors.

The Site Finance Lead will be responsible for the financial review of the Corporate entities and their operating budgeting. They will also be the System administrator and lead of the System wide capital planning software. They will work with all levels of management and staff throughout the organization to provide guidance, training and education while analyzing and identifying opportunities and enhancements. They will be the financial business partner for the Corporate entities.

Qualifications:

Required:

Four-year degree in accounting/finance/business or CPA License.

Five years experience in mid-level finance or accounting.

Knowledge of Generally Accepted Accounting Principals.

Knowledge of short and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.

Use of predictive analytics, financial data and prepare financial reports, statements and projections.

Expert use of Epic and Excel. Efficiency with Word, PowerPoint and Outlook.

Scheduling Requirements:

Full-time

Day

Hybrid

Essential Functions:

Manage the budgeting process and also prepare department and project specific budgets. The budgets should integrate findings from expense reporting, revenue tracking, and financial projections.

Assists the accounting team with monthly financial reporting by calculating accruals, assessing expense capture and revenue completeness. Review all capital submissions in Strata for completeness, ensure invoices are paid timely, and POs are closed out when the project is complete to free up capital dollars.

Work with the Corporate team to ensure productivity and staffing are all appropriate based on volume and compared to their targets and benchmarks.

Review all requisitions to ensure proper coding of category code, department, account, while ensuring they are budgeted and work with Purchasing to ensure all old invoices / requisitions are processed or closed.

Train and educate department heads on both operating and capital budgeting and understanding of financial reports and processes, while providing leadership and education to the department s staff and cross-training.

Works with various department heads to gain financial operations understanding to create coherent reporting and communications. Assists department heads in researching budget variances and with plans to offset. Ensure variance comment collection are completed and work with accounting to address changes required.

Manage the capital process for the organization, ensure projects are accurately reported and timely updated for changes in cash flow. Have regular recurring meetings with the Project Management team to discuss major projects and reflect on changes. Work with Service Line Executives and Site Financial Offices to ensure their capital projects are current and appropriately reflected. Manage the capital budget process and year end carry forward.

Routinely review vendor statements for accurate recording of outstanding balances, and work with AP/purchasing to resolve discrepancies, duplicate invoices, misapplied invoices, aged pending invoices and miscoding. Be a liaison between department heads and supply chain. Identifies and researches reasons for potential delays in payment or other issues.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time, with or without notice.

Benefits and Perks:

At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees physical, emotional, social, and financial health.

Paid Time Off (PTO)

Medical and Prescription Drug Insurance

Dental and Vision Insurance

Retirement Plans

Short- & Long-Term Disability

Life & Accidental Death Insurance

Tuition Reimbursement

Health Care/Dependent Care Flexible Spending Accounts

Wellness Programs

Voluntary Benefits (e.g., Pet Insurance)

Discounts through our partners, such as NJ Devils, NJ PAC, Verizon, and more!

Choosing RWJBarnabas Health!

RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health.

RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.

Equal Opportunity Employer

RWJBarnabas Health is an Equal Opportunity Employer