Manager of Budget and Reporting

Weekend Requirements: As Needed | Work Hours: Salary Days | Status: Full Time - 1.0 FTE (80 hours per pay period) | Entity: Owensboro Health System | Department: Budgeting & Reporting

Job Summary

Designs effective budget models for the Owensboro Health System.

Job Responsibilities

• Designs effective budget models for each department in the system.
• Leads the annual budget process and works with the VP of Accounting and other Senior Leaders to ensure timely completion of annual department budgets.
• Provides budget training, education, and coaching to management.
• Presents annual budgets to senior managers.
• Reviews, monitors, and compiles budget requests for approval.
• Completes forecasting of future budget needs.
• Identifies variances between actual and budgeted financial results at the end of each reporting period.
• Analyzes service lines and profitability.
• Reviews the company's budget for compliance with legal regulations.
• Ensures department managers meet budget submission deadlines.
• Designs and implements effective budgeting policies and procedures.
• Provides Management and Senior Leadership with useful and necessary information so that they are better able to manage resources available to them, i.e. Financial Analysis, Budget Analysis.
• Provides constant feedback to Management of current financial performance to budget, both fixed and variable transactions (flexed).
• Assists Management in evaluating variances from budget and development of action plans to reduce/eliminate such variances.
• Ensures that the chargemaster is updated for regulatory changes in a timely manner.
• Assists managers and directors with ensuring that all pertinent charges are documented in order for Owensboro Health to comply with regulatory requirements and to get reimbursed appropriately and fully.
• Manages staff relations including performance management, scheduling, staff satisfaction, and conflict management.

Leadership Responsibilities:

• Performance Management - Accountable for the performance and results of the team applying knowledge of key business drivers and the factors that maximize departmental performance.
• Team Building and Development - Builds and fosters a positive team culture, identifying individual strengths and providing opportunities for growth. Develops departmental plans, to address department and organizational priorities.
• Resource Management - Effectively allocates resources, manages budgets, and optimizes team productivity.
• Decision Making - Identifies and solves complex, operational and organizational problems leveraging the appropriate resources within or outside the department.
• Communication - Clearly communicates goals, expectations, and updates the team using active listening and promoting open communication channels.
• Conflict Resolution - Identifies and addresses conflicts within the team, facilitating constructive dialogue, and finding solutions to disagreements.
• Change Management - Leads and adapts to organizational changes, communicating effectively during transitions, and engages the team in the process.
• Leadership Development - Actively engages in the Leadership Development Program by enrolling in the program within the first 6 months of employment and completing the program within the first 2 years of employment.
• Workforce Safety Statement - Prioritizes the physical and psychological safety of the workforce as a foundational element of high-reliability care. Ensure goals are established with effective monitoring and reporting to improve workforce safety and wellbeing. Promotes safe staffing, supports resilience, and ensures that every team member has the tools, training, and environment needed to perform at their best.

Skills and Attributes:

• Decisive decision making
• Change management
• Effective communication skills
• Problem solving
• Leadership and delegation
• Budget management

Position Requirements:

Work Experience

• A minimum of 4 years' relevant experience required

Education

• Bachelor's degree or higher in Accounting, Finance, Business Administration or a related field as determined by the organization required upon hire

Licensure/Certification/Registration

• None

Organizational Responsibilities:

• Supports Owensboro Health's Mission, Vision, Core Commitments, and business interests. Adheres to all organizational policies and procedures. Executes all tasks and behaves in a manner consistent with a culture of compliance, safety and a high reliability organization.

Additional Job Information:

• This job description describes the general nature and level of work required by the position. It is not intended to be an all-inclusive list of qualifications, skills, duties, responsibilities or working conditions of the job. Specific duties and responsibilities consistent with the general nature and level of work described may vary by department and additional related duties may be assigned as needed. Some duties listed may not apply to all employees with this job description.
• The job description is subject to change with or without notice, and Management reserves the right to add, modify or remove any qualification or duty. Nothing in this job description changes the existing at-will employment relationship between the Organization and the employee occupying the position.

Standard ADA Settings:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands: office environment

Standing: Occasionally

Walking: Occasionally

Sitting: Frequently

Lifting 0-25 lbs.: Rarely

Lifting 25-75 lbs.: Rarely

Lifting over 75 lbs.: Rarely

Carrying 0-25 lbs.: Rarely

Carrying 25-75 lbs.: Rarely

Carrying over 75 lbs.: Rarely

Pushing/Pulling 0-25 lbs.: Frequently

Pushing/Pulling 25-75 lbs.: Rarely

Pushing/Pulling over 75 lbs.: Rarely

Climbing: Rarely

Bending/Stooping: Rarely

Kneeling: Rarely

Crouching/Crawling: Rarely

Reaching: Occasionally

Talking: Frequently

Hearing: Frequently

Repetitive Foot/Leg Movements: Rarely

Repetitive Hand/Arm Movements: Frequently

Keyboard Data Entry: Frequently

Running: Rarely

Vision: Depth Perception: Frequently

Vision: Distinguish Color: Frequently

Vision: Seeing Far: Frequently

Vision: Seeing Near: Frequently

Hazardous Drug Risk Exposure: No Risk