Associate Director, Finance

Banner Health

$108K — $130K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field required.
  • 5+ years of experience in healthcare finance demanded.
  • In-depth knowledge of accounting principles and healthcare reimbursement methodologies essential.
  • Strong interpersonal communication and presentation skills necessary for collaboration.
  • Advanced computer skills required for financial report preparation.

Responsibilities

  • Lead financial goal achievement including revenue growth and expense management.
  • Manage budgeting, accounting, and reporting processes ensuring compliance with GAAP.
  • Provide financial insights to operations management for decision making.
  • Present financial trends to stakeholders including management and committees.
  • Oversee reporting to federal/state agencies ensuring compliance in finance operations.
  • Direct personnel actions including recruiting, hiring, and staff training.
  • Manage contracts ensuring compliance with regulatory requirements.

Benefits

  • Hybrid work model with a balance of in-office and remote work.
  • Support for professional development and ongoing education opportunities.
  • Participation in a financial team that impacts multiple business lanes.
  • Engagement in diverse funding and grant management.
  • Leadership role with management responsibilities.
Full Job Description

Primary City/State:

Phoenix, Arizona

Department Name:

Facility Finance-Rsrch

Work Shift:

Day

Job Category:

Finance

As the Associate Director of Finance, you will join our finance team and be a part of this important and exciting work.  In this role you will be able to use your critical thinking skills and be responsible for financial analysis, budgeting, and reporting for multiple business lanes with funding from a diverse portfolio of sponsors including federal, state, industry, foundation, and other contracts. This role provides pivotal support for the annual federal Single Audit and the ideal candidate will have a depth of knowledge in post-award financial management of federally funded grants.  This position will be responsible for managing professional level finance staff. 

Location: Hybrid Phoenix, AZ

Schedule: Normal Business Hours

POSITION SUMMARY
This position provides financial leadership and expertise to specific business entitles in order to ensure the achievement of financial goals and performance metrics. This position provides timely financial analysis and ensures consistency of accounting practices in accordance with GAAP and company policies.

CORE FUNCTIONS
1. Provides leadership in the achievement of financial goals including revenue growth, operating margins, accounts receivable and expense management, and other operating efficiency measures. Ensures effective processes are in place for accurate charge capture and CDM management, timely billing and collection, and compliance with appropriate cost standards and principles. Identifies performance improvement opportunities through analysis of trends and variances.

2. Manages key financial, accounting, budgeting and reporting processes and systems ensuring compliance with existing company systems, fiscal policies and procedures, internal controls, and GAAP. Develops and implements other appropriate policies and procedures as necessary.

3. Works closely with operations management to provide financial information for use in planning, staffing, budgeting and other operational decision making. Establishes and reports financial performance metrics in conjunction with operations management.

4. Presents financial information and trends to stakeholders including internal committees, management and administration.

5. Oversees financial reporting to federal or state agencies and ensures compliance in all aspects of financial operations.

6. Directs personnel actions including recruiting, new hire actions, interviewing and selection of new staff, salary determinations, training, and personnel evaluations. Provides on-going financial education opportunities for staff and administration, as necessary.

7. Manages and monitors contracts or subcontracts to ensure payments are appropriate and in compliance with any regulatory requirements.

8. Supports the achievement of financial goals and performance metrics for operating unit. The incumbent exercises authority and control over the assigned responsibilities of this position. This position is involved in identifying and resolving operational problems. Independently must be able to work with internal and external professional contacts, maintaining a positive customer service attitude at all times. Continually develops improvement processes in accounting, finance and other departments.

MINIMUM QUALIFICATIONS


Requires a Bachelor’s degree in Accounting, Finance, related field or equivalent experience.

Requires a proficiency level typically achieved with five years prior work experience in healthcare finance. Requires in-depth knowledge of accounting principles, budgeting, cost accounting, and healthcare reimbursement methodologies. Must have strong interpersonal communication and presentation skills to work with all levels of management and external stakeholders. Must be able to compose correspondence and prepare detailed operating and financial reports using advanced computer skills and knowledge of office desktop software. Must be able to work independently, managing multiple priorities and deadlines.

Must be able to compose correspondence and prepare detailed operating and financial reports using advanced computer skills and knowledge of office desktop software.

PREFERRED QUALIFICATIONS


Previous supervisory experience is highly preferred. Master of Business Administration (MBA) or Certified Public Accountant (CPA) is preferred.

Additional related education and/or experience preferred.

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