Job Summary

The Director, Finance provides strategic financial leadership and oversight for the facility's financial operations, ensuring alignment with organizational policies and financial goals. This role is responsible for financial reporting, budgeting, financial analysis, margin improvement, and capital management. The Director collaborates with executive leadership, department heads, and corporate finance teams to support decision-making, enhance financial performance, and ensure compliance with regulatory requirements. This position typically represents the second most senior finance executive at the facility.

Essential Functions

Directs the completion of financial reporting in the Metro system, including Run Rate Analysis, scorecards, and special financial requests.

Leads financial forecasting, mid-month projections, and month-end close processes, including reviewing contractual packages and reimbursement exhibits.

Serves as the primary contact for Metro financial reporting inquiries, ensuring accuracy and timely submission of reports.

Conducts financial analysis and trending reports, providing insights to support operational and strategic decision-making.

Monitors and supports margin improvement and revenue enhancement plans, working with hospital leadership to identify opportunities for financial optimization.

Oversees capital and expense management, ensuring effective allocation of financial resources and adherence to budgetary constraints.

Updates and maintains the Monthly Operating Review (MOR), providing leadership with data-driven financial insights.

Assists Chief Financial Officers (CFOs) and senior leadership in exploring and resolving month-end discrepancies, including conducting site visits as needed.

Leads due diligence efforts for financial projects, acquisitions, and operational assessments.

Collaborates with corporate finance teams, department directors, and external stakeholders to support financial initiatives and compliance requirements.

Performs other duties as assigned.

Complies with all policies and standards.

Qualifications

Bachelor's Degree in Finance, Accounting, Business Administration, or a related field required

Master's Degree in Business Administration (MBA), Finance, or a related field preferred

7-9 years of progressive experience in finance, accounting, or financial analysis required

3-5 years of leadership or management experience in financial operations required

Experience in healthcare finance, reimbursement, or regulatory reporting preferred

Knowledge, Skills and Abilities

Strong knowledge of financial management principles, GAAP, and healthcare financial operations.

Expertise in financial analysis, forecasting, and variance reporting.

Ability to develop, monitor, and manage financial performance metrics.

Experience with budgeting, capital planning, and expense management.

Strong analytical and problem-solving skills, with the ability to identify financial trends and develop strategic recommendations.

Proficiency in financial reporting systems, ERP software, and Microsoft Excel.

Effective leadership and communication skills, with the ability to collaborate with executive leadership and cross-functional teams.

NORTHEAST REGIONAL MEDICAL CENTER

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