Financial Operations Director - Atlanta, United States - Emory Healthcare

Description

Overview:

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The Director of Financial Operations is a key leadership position within the healthcare organization's finance department. This role is responsible for overseeing and managing the financial operations, processes, and systems to ensure the financial health and stability of Emory's operating unit. The Director of Financial Operations reports directly to the Division Chief Financial Officer (CFO) and collaborates closely with other senior management, clinical department heads, and administrators.

Financial Strategy: Develop, implement, and communicate the financial strategy of the organization, aligned with its overall goals and objectives. Provide input and recommendations to the CFO and executive management regarding financial decisions and revenue generation.

Financial Planning and Analysis: Lead onsite hospital efforts pertaining to the annual budgeting and forecasting process, in collaboration with EHC's financial planning department and working closely with clinical department heads to establish financial targets and guidelines. Monitor and analyze financial performance against budgets and forecasts, identifying opportunities for cost control and revenue enhancement.

Financial Reporting: Prepare and present accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and other financial metrics, to the CFO, senior management, and other governing bodies.

Financial Operations: Oversee daily financial operations, including labor management (productivity), expense management, and month end variance explanations. Acts as a liaison to execute onsite process improvement efforts pertaining to revenue cycle to optimize revenue capture and minimize denials. Lead a high-performing financial operation functions by providing guidance and education to clinical department leaders. Coordinate and support system initiatives to improve the financial health of the organization Foster a culture of accountability, transparency, and excellence within the department.

Process Improvement: Continuously evaluate financial processes and systems, identifying opportunities for streamlining and efficiency improvements. Implement best practices to enhance the overall financial operations of the organization. Collaborate with internal departments and external partners to achieve financial objectives.

Qualifications: A bachelor's degree in finance, accounting, or a related field is required. A master's degree (e.g., MBA or MFin) is often preferred. Proven experience in financial management and leadership, typically with a minimum of 7-10 years in progressively responsible roles. Preferably in the healthcare industry. Strong financial analysis and strategic planning skills. Excellent interpersonal and communication skills. Proficiency in financial software and ERP systems. Strong leadership, team management, and problem-solving abilities. Ability to work effectively in a fast-paced, dynamic environment.

The Director of Financial Operations plays a pivotal role in ensuring the financial sustainability of the healthcare organization and contributes significantly to its overall success. This role requires strong financial acumen, leadership skills, and strategic thinking to ensure that the company's financial operations run smoothly and efficiently.

JOIN OUR TEAM TODAY Emory Healthcare (EHC), part of Emory University (EUV), is the most comprehensive academic health system in Georgia and the first and only in Georgia with a Magnet designated ambulatory practice. We are made up of 11 hospitals-4 Magnet designated, the Emory Clinic, and more than 425 provider locations. The Emory Healthcare Network, established in 2011, is the largest clinically integrated network in Georgia, with more than 3,450 physicians concentrating in 70 different subspecialties.

Supporting a diverse, equitable and inclusive culture. Emory Healthcare (EHC) is dedicated to providing equal opportunities and access to all individuals regardless of race, color, religion, ethnic or national origin, gender, genetic information, age, disability, sexual orientation, gender identity, gender expression and/or veteran's status. EHC does not discriminate on the basis of any factor stated above or prohibited under applicable law. EHC respects, values, and celebrates the unique perspectives and backgrounds of all individuals. EHC aspires to create an environment of collaboration and true belonging for all our patients and team members. Emory Healthcare (EHC) is committed to achieving a diverse workforce through equal opportunity and nondiscrimination policy in all aspects of employment including recruitment, hiring, promotions, transfers, discipline, terminations, wage and salary administration, benefits, and training.

ACCOMODATIONS: EHC will provide reasonable accommodations to qualified individuals with disabilities upon request. To request this document in an alternate format or to request a reasonable accommodation, please contact the Office of Diversity, Equity, and Inclusion.

PHYSICAL REQUIREMENTS: (Medium Max 25lbs) up to 25 lbs, 0-33% of the work day (occasionally); 11-25 lbs, 34-66% of the workday (frequently); 01-10 lbs, 67-100% of the workday (constantly); Lifting 25 lbs max; Carrying of objects up to 25 lbs; Occasional to frequent standing & walking, Occasional sitting, Close eye work (computers, typing, reading, writing), Physical demands may vary depending on assigned work area and work tasks.

ENVIRONMENTAL FACTORS: Factors affecting environment conditions may vary depending on the assigned work area and tasks. Environmental exposures include, but are not limited to: Blood-borne pathogen exposure Bio-hazardous waste Chemicals/gases/fumes/vapors Communicable diseases Electrical shock, Floor Surfaces, Hot/Cold Temperatures, Indoor/Outdoor conditions, Latex, Lighting, Patient care/handling injuries, Radiation, Shift work, Travel may be required. Use of personal protective equipment, including respirators, environmental conditions may vary depending on assigned work area and work tasks.