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Director of Capital Evaluation and Financial Analysis - Richmond, United States - Virginia Commonwealth University Health
Description
Director of Capital Evaluation and Financial Analysis (CEFA) page is loadedDirector of Capital Evaluation and Financial Analysis (CEFA)
Apply
locations
Richmond, VA
South Hill, VA
LOC100217 Tappahannock Hospital
time type
Full time
posted on
Posted 3 Days Ago
job requisition id
R27003
The Director of Capital Evaluation and Financial Analysis role reports to the VP of Financial Strategy, Planning, Performance and Analytics and is primarily responsible for managing the people, processes, technology and influence over all levels of leadership in the Health System in evaluating large capital project requests in connection with the Health Systems Significant Transactions policy, COPNs and large, strategic capital proposals.
This highly visible and seasoned healthcare finance executive role will interact and collaborate with internal and external subject matter experts to include, but not limited to, Chiefs and Senior Executives, Service Line Leadership, Chairs of Departments, Operations leaders, Financial leaders, legal counsel, business strategy and development, revenue cycle, managed care and cost reporting resources to evaluate and bring integrity to large capital requests (primarily $1mio or more).
Key contributor, educator, and evaluator for Strategic Growth Council proposed capital projects during the fiscal year, primarily preceding and during budget cycle.
May also be involved with long term planning of capital, financing and operating projections.Manage and collaborate on projects eligible for Capital Steering Committee decision making that are between $1mio and $5mio consistent with the Significant Transactions
policy/process.
Refine analytical and reporting tools to prudently vet and present complex financial proformas for the organization.
Educate constituents as needed in developing sound capital evaluation of projects to include net present value, internal rate of return, payback periods, break even points and capacity and utilization measures.
Interact with operational and strategic measures and team members related to medical staff changes and pipeline, SG2 demand growth rates for services, and capacities.
Work in concert with Finance leadership and Capital Reporting to ensure integrity in reporting status and results of capital projects over $1mio.
Develop and coordinate capital lookbacks as directed by senior management on investment actual results compared to proforma intentions in a timely
fashion/cadence.
Analyze lease and other contracts for financial implications and model as appropriate.
Lead a team of analysts and drive performance in the strategic capital planning space.
Ensures responsibility and visible commitment of diversity equity and inclusion strategy, programs, and initiatives through collaboration and implementation of initiatives across the health system.
Perform other duties as assigned and/or participates in special projects in order to support the mission of VCU Health System.
Not applicable to this position.
Employment Qualifications
Required Education:
Bachelor's degree in finance or accounting or equivalent coursework to include intermediate, advanced, and cost accounting, as well as corporate finance.
Preferred Education:
Master's degree in business or health administration with equivalent coursework in finance and accounting as noted above.
Licensure/Certification
Required:
Licensure/Certification
Preferred:
CPA, CHFP
Minimum Qualifications
Years and Type of Required Experience
7 or more years of progressive healthcare financial management experience to include acute and clinic venues, COPN applications, analytics, capacity planning and management, cost reporting, managed care and revenue cycle applied knowledge
Other Knowledge, Skills and Abilities
Required:
Working understanding of decision support tools i.e. StrataJazz, Workday, EPIC, Tableau
Cultural Responsiveness
Other Knowledge, Skills and Abilities
Preferred:
StrataJazz capital with report writing skills, Tableau
Working Conditions
Periods of high stress and fluctuating workloads may occur.
General office environment.
Long-distance or air travel as needed- not to exceed 10% travel.
Physical Requirements
Physical Demands:
Lifting/ Carrying (0-50 lbs.)
Work Position:
Sitting, Walking, Standing
Additional Physical Requirements/ Hazards
Physical Requirements:
Manual dexterity (eye/hand coordination), Repetitive arm/hand movements, Finger Dexterity, Color Vision, Acuity – near
Hazards:
Mental/Sensory –Emotional
Mental / Sensory:
Strong Recall, Reasoning, Problem Solving, Hearing, Speak Clearly, Write Legibly, Reading, Logical Thinking
Emotional:
Fast pace environment, Steady Pace, Able to Handle Multiple Priorities, Frequent and Intense Customer Interactions, Noisy Environment, Able to Adapt to Frequent Change
EEO
Employer/Disabled/Protected
Veteran/41 CFR
About Us
Who We Are
Inventing better care, day by day by discovery
Sound outrageous? It absolutely is. Sound impossible? That's never stopped us before. Sound like hard work, intense research, collaboration with experts around the world, sheer brainpower meets unrelenting willpower? That's. Exactly. Right.
We'll do whatever it takes to offer the best in care and empower the best in quality of life.
And it's an approach that works — whether it's a patient who undergoes a new, life-saving procedure or a clinical researcher who finds promise in a new cancer treatment, exciting new medicine is happening at VCU Health.
We have it all:
And we're not too shy to boast of internationally known physicians, some recognized as the best in the country, top-ranked local specialists and all-around all-stars at every level.
From our very first years to our most recent advancements, we are driven to learn more, dig deeper, teach passionately and never rest in order to be a true leader in discovering what's possible in health and recovery.
We are a comprehensive system of care and a pioneer of health. Read VCU Health Year In Review for more about our accomplishments.#J-18808-Ljbffr