Director of Financial Planning & Analysis

Hennepin County Medical Center (HCMC), is a nationally recognized teaching, research and public hospital in downtown Minneapolis.  We are a Level 1 Trauma Center that is repeatedly listed in the U.S. News and World Report rankings of the top U.S. hospitals in the annual ?America?s Best Hospitals? report.  The medical center has close to 4,000 employees and is staffed by 720 full and part-time physicians and dentists.  As a teaching hospital, research institution, and leader in trauma care, HCMC offers exciting opportunities to learn, grow, and achieve your professional goals.

 

This full-time management position for the Finance Department of Hennepin County Medical Center,

better known as HCMC, a nationally renowned premier teaching, research and public hospital in the heart of the Twin

Cities. This role will oversee the supervision and maintenance of the HCMC financial planning and analysis processes.  This position will report to the Chief Financial Officer.

 

The Key Responsibilities for this role are:

?  Plan, organize, coordinate and mange financial planning and analysis systems(s) and subsystems.

?  Plan, manage the completion of a Multi-Year Financial Plan and Annual Operating and Capital Budgets.

?  Prepare or assist the Chief Financial Officer in the preparation of policies, procedures, manuals, instructions and directives regarding capital budgeting and financial planning.

?  Select, train and evaluate staff.

?  Advise the Chief Financial Officer, and/or individual departments regarding financial analysis and related issues, the implementation of new procedures, policies or programs, the interpretation of financial information, and other matters.

?  Plan, manage, and/or complete ad-hoc financial analysis.

?  Perform regular reviews comparing budgets and forecast to actual results in order to determine cause for variances and propose corrective action when appropriate.

?  Coordinate and monitor the departmental budget performance.

?  Maintain working knowledge of Federal and State laws and regulations related to health care financial or accounting matters.

?  Responsible in establishing and monitoring HCMC?s benchmarking reporting.

?  Perform other related duties as assigned.

 

The Education and Experience requirements for this specific position are:Bachelors degree (Master?s preferred) in Finance, Accounting or Business Administration plus a minimum of five (5) years of healthcare financial or clinical experience. 

 

To be effective in this position, the ideal candidate will possess the following:Knowledge of financial planning and analysis techniques including financial modeling, discounted cash flows, accounting principles, laws and principles pertaining to healthcare reimbursement.Ability to apply financial analysis techniques in a complex healthcare setting and effectively communicate with all levels of management verbally and through written reports.Ability to evaluate difficult accounting problems and develop solutions or alternatives.Working knowledge of information technology capabilities, usage and financial applications including spreadsheet databases and other decision support software and other financial data applications software and systems.