5 years of experience in financial planning and analysis.
1-2 years of experience in the healthcare sector.
Proven ability to guide and mentor a team.
Combination of education and experience may be considered.
Responsibilities
Develop and manage the annual budgeting process for the organization.
Collaborate with department heads to gather financial data for budget projections.
Analyze historical financial data to identify trends for future planning.
Conduct financial forecasting based on industry trends and organizational goals.
Provide regular updates on financial projections for strategic decision-making.
Perform in-depth financial analysis to evaluate organizational performance.
Identify variances and key performance indicators to support informed decisions.
Communicate financial insights clearly to non-financial stakeholders.
Benefits
Opportunity to lead and mentor a finance team.
Engagement with executive leadership on strategic initiatives.
Involvement in shaping financial strategies aligned with organizational goals.
Exposure to diverse financial challenges in the healthcare sector.
Full Job Description
Description
OVERVIEW:
The Manager of Financial Planning and Analysis, EHC, plays a key role in overseeing and managing the financial planning, budgeting, and analysis functions within the healthcare organization.
This position involves collaborating with various departments to develop financial plans, providing insightful analysis to support decision-making, and ensuring financial goals align with the organization's strategic objectives.
KEY RESPONSIBILITIES:
Develop, implement, and manage the annual budgeting process for the healthcare organization.
Work closely with department heads to gather financial data and create accurate budget projections.
Analyze historical financial data to identify trends and inform future financial plans.
Conduct financial forecasting based on industry trends, market conditions, and organizational goals.
Provide regular updates on financial projections to aid in decision-making and strategic planning.
Perform in-depth financial analysis to evaluate the organization's financial performance.
Identify variances, trends, and key performance indicators (KPIs) to support informed decision-making.
Provide recommendations for cost-saving opportunities and revenue enhancement strategies.
Collaborate with executive leadership to align financial plans with the organization's strategic goals.
Assess the financial impact of proposed strategic initiatives and projects.
Develop financial models to evaluate potential investments, partnerships, and business opportunities.
Ensure financial information is accurate, timely, and in compliance with regulatory standards.
Identify and assess financial risks and opportunities.
Develop strategies to mitigate financial risks and capitalize on opportunities.
Stay informed about changes in healthcare regulations and reimbursement policies.
Collaborate with finance, operations, and clinical teams to gather information and align financial plans with operational needs.
Communicate financial insights to non-financial stakeholders in a clear and understandable manner.
Evaluate and enhance financial planning and analysis processes.
Provide leadership to the finance team, mentoring and developing junior analysts.
MINIMUM QUALIFICATIONS
Bachelor's degree required; Master's degree preferred 5 years in financial planning and analysis, 1-2 years in healthcare Proven ability to guide and mentor a team.
A combination of education and experience that demonstrates the required skills and knowledge may be considered.
