Home > Ny Other jobs > Ny Other accounting/financial

Posted: Thursday, February 22, 2018 6:51 PM

Associate Director, Budget & Financial Analysis Reporting to the Senior Director of Finance for ColumbiaDoctors, the Associate Director of Budget and Financial Analysis will be involved in the oversight and management of financial activities for the Faculty Practice Organization (FPO); total budgeted revenues in excess of $797M. This position is a hands-on management position that is a member of a larger finance team in a fast- growing and changing environment. The ideal candidate will be a self-starter with a focus on getting things done; a problem solver who takes initiative, enjoys challenges, and is self-motivated. This individual will take the lead in the budget process and in working with FPO managers to analyze annual results; an experienced professional with a strong background in budget preparation and analysis. Responsibilities include: Supervise approximately 1-2 support staff in the FPO's budget and analysis business unit.Understand the complexity of the FPO budget and its impact on the College of Physicians & Surgeons (P&S).Perform financial due diligence and provide business planning support around new business integrations.Serve as a financial leader within the organization to assist in identifying best practices and process improvements.Perform special projects that require innovative solutions and problem solving.Prepare the FPO's annual budget and make quarterly updates to the annual budget, including: o Meet with FPO business unit mangers to review budget estimates and actuals and document reasons for variances; help to develop and execute action plans with reportable timetables. o Prepare budget to actual analysis reports with clear and quantifiable variance explanations. o Meet quarterly with the P&S budget office to go over the FPO's budget and quarterly updates. o Identify risk and performance issues, and implement remediation plans. o Prepare and analyze the Faculty Practice Revenues Projections (approx. $797M annually), including payer mix, bad debt, work relative value units (wRVUs), and collection rate ratios. o Coordinate with clinical departments to obtain operational reasons related to financial and productivity changes, and assist with corrective active plans while developing reports to monitor and track changes. o Work with P&S and clinical departments to track and report clinical FTEs. Manage the FPO share of the EPIC budget to ensure that all costs are captured and reported to the consortium.Monitor FPO cash collections and productivity; establish monthly reporting around wRVUs, variance explanation, and trend analysis.Assist in developing the long-range financial plan, incorporating new initiatives.Benchmark FPO performance against industry standards, including: o monitoring the performance of the Clinical Revenue Office (CRO) against benchmarks; o overseeing the reporting of clinical FTEs and RVUs to FPSC; o utilizing FPSC clinical dashboards to monitor departments' performance; and o benchmarking clinical operational costs. Work closely with FPO operations and the Associate Director of Financial Analysis and Systems to develop, maintain, and analyze a clinical dashboard.Participate in preparing Revenue Cycle, billing, and productivity surveys.Work and collaborate with P&S on revenue assumptions for the clinical departments' annual and quarterly budget update.Work and collaborate with P&S on impact of all major FPO projects on the P&S budget, and coordinate communication with P&S to the clinical departments when necessary.Participate in P&S and clinical department budget meetings when necessary. Qualifications: Minimum 7 years of previous budget experience, preferably with some exposure to an academic physician organizationBachelor's degree in Finance or Accounting is required; master's degree preferredStrong initiative and ability to work independentlyExcellent analytical and problem-solving skillsCustomer service focusStrong working knowledge of financial systems; PeopleSoft preferredExcellent computer skills, particularly Excel and database managementAbility to interact with senior management and communicate effectively with clinical department administrationWorking knowledge of the budget process and practice productivity drivers relating to Revenue Cycle is requiredExcellent oral and written skillsStrong understanding of clinical revenue/physician practicesAbility to work in a fast-paced, changing environment, take initiative, be flexible, and perform multiple tasksStrong time-management skillsSelf-starter with a well-developed aptitude for quantitative analysis capable of working with minimal oversight to set priorities, solve problems, and meet needsDemonstrated ability to manage up and across the organizational structureStrong executive presence Apply online at: We are an equal opportunity/affirmative action employer. T Jobs. Category: , Keywords: Budget Director0


• Location: Other

• Post ID: 161615277 nyother is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2018