Director of Finance

Methodist Health System

• $125K — $150K *
Omaha, NE 68104In-Person
Healthcare
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business Administration or related financial field
  • Master's Degree in Business Administration or related field preferred
  • Minimum of fifteen years of progressive experience in hospital/health care or public accounting
  • At least ten years of management experience
  • Certified Public Accountant or Chartered Financial Analyst preferred

Responsibilities

  • Oversee preparation of financial forecasts, cost accounting, and management reporting
  • Lead development and analysis of annual operating budgets for Health System affiliates
  • Perform and review financial analyses for senior management and Board of Directors
  • Provide direction for processes and technology to enhance decision-making information
  • Oversee charge capture and maintain compliant charge masters
  • Ensure timely preparation and submission of governmental cost reports
  • Support CFO with investment portfolios and assist with long-term debt maintenance

Benefits

  • Full-time schedule
  • Collaborative work environment
  • Opportunities for professional development
  • Engagement with senior management and Board of Directors
  • Involvement in strategic financial decision-making
Full Job Description

Job Summary:

Location: Methodist Corporate Office
Address: 825 S 169th St. - Omaha, NE

Responsible for decision support and revenue integrity of the Health System. Functions as a strategic business counselor to all levels of management as well as a steward of sound internal controls and Health System resources.

Responsibilities:

Essential Functions

Decision Support: 45%

  • Oversees the preparation of Financial Forecasts, Cost Accounting, Productivity, Management Reporting, and Capital Planning.

  • Leads the development of assumptions, overall preparation and analysis of the annual operating budgets for Health System affiliates and the Consolidated Budget.

  • Performs, directs, and/or reviews financial analyses and pro forma analyses as requested by members of the senior management team and/or the Board of Directors.

  • Provides input and direction in the development and implementation of processes and technology to provide, monitor, and enhance information for decision making in a timely manner; in this regard, maximize the use of technology to improve performance.

Revenue Analytics: 45%

  • Oversees Charge Capture.

  • Maintains Charge Masters on a compliant basis and responsible for Establishing and Maintaining Prices.

  • Ensures Accurate and Timely Preparation and Submission of all Governmental Cost Reports.

  • Analyzes Changes in Reimbursement to determine impact to the financials.

  • Oversees plan to test IT implementations, upgrades and patches impacting the Revenue Cycle.

Treasury: 10%

  • Support CFO with the three investment portfolios – operating, Foundation and MJE Pension.

  • Assist CFO with maintenance of new issuances for long-term, publicly traded, tax-exempt debt.

  • Staff Investment Committee of Methodist Health System Board of Directors.

  • Staff and participate in the Participant Directed Investment Committee with the fund selection for qualified and non-qualified retirement plans.

  • Work collaboratively with investment and fiscal advisors.

This job description is not intended to be all-inclusive. The employee may be required to perform other related duties assigned to meet the ongoing needs of the organization.

Schedule:

Full Time

Job Description:

Job Requirements

Education:

  • Bachelor27s Degree in Business Administration or related financial field

  • Master27s Degree in Business Administration or related field preferred.

Experience:

  • Minimum of fifteen years27 progressive experience in hospital/health care or public accounting.

  • At least ten years of management experience.

License/Certification:

  • Certified Public Accountant preferred.

  • Chartered Financial Analyst preferred.

Skills/Knowledge and Abilities:

  • Must demonstrate an ability to maintain favorable relations with internal and external representatives or organizations.

  • Must be a self-starter, and able to effectively deal with uncertainty and complex situations.

  • Demonstrated track record of mentoring teams resulting in higher levels of job satisfaction and performance.

  • Knowledge of Enterprise Resource Planning (ERP) systems.

  • Advanced computer skills including Microsoft Office applications and relevant healthcare financial systems/software.

  • Ability to operate in an office environment, and cope with stressful situations.

  • Ability to remain organized and manage multiple projects simultaneously.

  • Ability to listen, synthesize, and form action plans based on discussions.

  • Ability to focus on results and desired outcomes and how best to achieve them.

  • Ability to adapt to changing business needs, conditions and work demands.

  • Ability to establish effective working relationships with coworkers, peers and among team members.

  • Ability to establish performance standards, appraise staff accomplishments and needs for improvement and take action to reward, counsel, develop or promote/terminate employees as appropriate.

Physical Requirements:

Weight Demands

  • Light Work - Exerting up to 20 pounds of force


Physical Activity

  • Not necessary for the position (0%):

    • Climbing

    • Crawling

    • Kneeling

  • Occasionally Performed (1%-33%):

    • Balancing

    • Carrying

    • Crouching

    • Distinguish colors

    • Lifting

    • Pulling/Pushing

    • Standing

    • Stooping/bending

    • Twisting

    • Walking

  • Frequently Performed (34%-66%):

    • Grasping

    • Keyboarding/typing

    • Reaching

    • Repetitive Motions

    • Sitting

    • Speaking/talking

  • Constantly Performed (67%-100%):

    • Hearing

    • Seeing/visual

Job Hazards:

  • Not Related:

    • Chemical agents (Toxic, Corrosive, Flammable, Latex)

    • Biological agents (primary air born and blood born viruses) (Jobs with Patient contact) (BBF)

    • Explosives (pressurized gas)

    • Electrical Shock/Static

    • Radiation Alpha, Beta and Gamma (particles such as X-ray, Cat Scan, Gamma Knife, etc.)

    • Radiation Non-Ionizing (Ultraviolet, visible light, infrared and microwaves that causes injuries to tissue or thermal or photochemical means)

    • Mechanical moving parts/vibrations

  • Rare (1-33%):

    • Physical hazards (noise, temperature, lighting, wet floors, outdoors, sharps) (more than ordinary office environment)

    • Equipment/Machinery/Tools

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