Experience Inc. Jobs

Employment Type:

Full time

Shift:

Day Shift

Description:

POSITION PORPOSE

• The Director, Finance of Chelsea Hospital is responsible for the preparation and distribution of monthly and quarterly financial reports, strategic planning projects, oversight of capital projects, financial analysis of hospital programs, services and service lines, community, Board of Trustees, and physician interface, preparation of annual operating budget, review and preparation of financial reports as requested by the President & CEO or Chief Financial Officer, Trinity Health.

• Demonstrates professional behaviors to include flexibility, effective leadership, openness to new ideas and ability to adapt to continuous change.

• The position also includes supervision of one Finance staff colleague.

WHAT YOU WILL DO

• Works with CEO and regional Trinity Chief Financial Officer to develop annual strategic plan and supporting service strategy and to, on an ongoing basis, evaluate new and existing programs, lease versus purchase decisions, CON preparation and benchmarking. Seeks to align and integrate work processes with Chelsea Hospital and Trinity Health.

• Provides direction to the development of annual operational budget, multi-year financial forecasting (ISFC), and annual and 3-year capital budgets. Schedules, organizes, and implements the annual budget planning process.

• Reviews, revises and directs the annual capital and operating budget process to ensure consistency with system-wide direction, policies and guidelines and coordinates presentation to CEO, Directors and Board of Trustees.

• Conducts analysis and develops reports that identify key system level performance trends with key focus on FTE productivity (Action OI), cost per CMAED and overall costs compared to Medicare Reimbursement. Seeks opportunities to improve financial performance by partnering with clinical colleagues.

• Collaborates with Chelsea Hospital and Trinity Health Finance Functions as necessary in the development and modification of policies and procedures relative to budgets, accounting and financial processes. Participates in annual audit activities as necessary. Develops process modifications as needed per internal and external audits.

• Collaborates with USO functions as needed to insure high performing outcomes in these functional areas (Revenue Cycle, Supply Chain etc.). Initiates and reports associated metrics to CEO and Directors. Monitors and understands system-wide payer contracts.

• Directs analysis and summarizing of capital requests in order to approve use of capital funds. Works in concert with Chief Nursing Officer and Directors.

• Implements new methodologies in forecasting to ensure state of the art mode of financial operations. Collaborates with other Trinity Health system finance resources with an eye toward system integration.

• Monitors variances between budgeted and actual data and prepares periodic internal cost reports and short-term financial forecasts in order to monitor productivity, adherence to budget and financial viability.

• Assists CEO with the planning, organizing, developing and implementing “value added” decision support services. Ensures decision support system and staff function provides measurable value to key constituents including CEO, colleagues and physicians.

• Provides financial analysis, critical review of proposed programs and capital expenditures for CEO as requested. Attends Board of Trustees meetings and seeks to develop and provide Board of Trustees with meaningful financial reports.

MINIUMUM QUALIFICATIONS

• Bachelor’s degree in business administration with emphasis on Accounting or Finance required. MBA or Masters in related field and/or CPA preferred.

• Five to seven years or more of experience in health care finance and budgeting with progressive responsibilities, including at least five years in a Director capacity or relevant experience preferred.

• Must possess a working knowledge of generally accepted accounting principles and an understanding of third-party reimbursement, financial planning analysis and modeling tools.

POSITION BENEFITS AND HIGHLIGHTS

• Competitive compensation with participation in the Management Incentive Program.

• Full benefits package including Medical, Dental, Vision, PTO, Life Insurance, Short and Long-term Disability.

• Benefits effective Day One! No waiting periods.

• Retirement savings plan with employer match.

• Opportunity for growth and advancement throughout Trinity Health

• Tuition Reimbursement

ABOUT CHELSEA HOSPITAL

• Chelsea Hospital is a 133-bed, not-for-profit hospital established in 1970 leading the way in patient safety in satisfaction.

• Chelsea Hospital is a joint venture between Trinity Health System and University of Michigan Health. These two award-winning health systems bring new services to Chelsea, while sharing resources, best practices and more to drive innovation and a higher level of care.

Our Commitment to Diversity and Inclusion

Trinity Health is one of the largest not-for-profit, Catholic healthcare systems in the nation. Built on the foundation of our Mission and Core Values, we integrate diversity, equity, and inclusion in all that we do. Our colleagues have different lived experiences, customs, abilities, and talents. Together, we become our best selves. A diverse and inclusive workforce provides the most accessible and equitable care for those we serve. Trinity Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by law.

Our Commitment to Diversity and Inclusion

Trinity Health is a family of 115,000 colleagues and nearly 26,000 physicians and clinicians across 25 states. Because we serve diverse populations, our colleagues are trained to recognize the cultural beliefs, values, traditions, language preferences, and health practices of the communities that we serve and to apply that knowledge to produce positive health outcomes. We also recognize that each of us has a different way of thinking and perceiving our world and that these differences often lead to innovative solutions.

Our dedication to diversity includes a unified workforce (through training and education, recruitment, retention, and development), commitment and accountability, communication, community partnerships, and supplier diversity.

EOE including disability/veteran