Job Details
Level
Senior
Job Location
Main Hospital – Los Angeles, CA
Position Type
Full Time
Education Level
4 Year Degree
Salary Range
$128,000.00 – $138,000.00 Salary
Travel Percentage
Negligible
Job Shift
Day
Job Category
Finance
Description
Job Overview:
The Director of FP&A will set the direction, lead, and manage all areas of the company’s sub-budgeting, reporting & forecasting processes, and profitability analysis as well as execute and contribute to broader business initiatives. The Director of FP&A will provide an overall financial strategic direction in all aspects of financial reporting. This includes building, and improving these processes to deliver timely, accurate, and insightful management reporting, analysis, and recommendations. The Director will also work with the Programs and Gateways Foundation to implement consistent processes and to create insightful reporting.
Essential Duties and Responsibilities:
- Manage a team of financial analysts responsible for facilitating processes, preparing reports, and providing insights.
- Forecasting and Budgeting – Review and recommend improvements to the existing forecasting and budgeting process. Evaluate the effectiveness of the process and prepare a cost/benefit analysis. Implement approved changes, monitor execution, and provide reporting.
- Partner with the Programs and GW Foundation on all the operating & capital projects, and ensure that all the plans are sound, continuously updated, monitored versus a baseline, and approved. Reporting should monitor the completion of approved projects. Reporting needs to be integrated into the valuation process.
- Serve as a resource to the Senior Management, Operations Directors, Business Office and staff on contract& grant utilizations and productivity performance.
- Manage all fiscal activities related to revenue cycle performance to meet short-term strategic goals.
- Work closely with Director of Billing to ensure accurate patient billing, scheduling, and efficient account collection.
- Conduct weekly medical, live support, productivity and other related reconciliations to ensure accurate revenue recognition; perform monthly contract utilization and total cost of care (TCOC) analysis.
- Set up Accounts Receivable billing schedules, guide Financial Analyst and Accounts Receivable team on the manual billings and payment reconciliations to ensure the accuracy of the AR aging.
- Assist CFO with financial data analysis; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant & contracts/fund period.
- Assist CFO in the annual budgeting and planning process; work together with the Controller to review of all financial plans and compares to actual results with a view to identify, explain, and correct variances as appropriate.
- Consistently comply with all agency policies and procedures.
- Consistently maintain high professional standards at work with regard to personal behavior and interaction with other staff.
- Perform other duties as requested by the CFO.
Skills and Ability
- Excellent written and verbal communication skills.
- High level of interpersonal skills.
- High level of attention to detail.
- Analytical aptitude.
- Organize work and set priorities to meet deadlines.
- Be an effective team member.
- Ability to provide accurate reports and data in a timely manner.
- Ability to work under pressure.
- Ability to plan, initiate and complete work assignments with a minimum of direction.
- Comprehensive knowledge of use of Blackbaud Financial Edge, Carelogic, NetSmart, Quickbooks.
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from employees, clients, and customers.
- Ability to define problems, collect data, establish facts, draw valid conclusions, and recommend effective solutions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram from and deal with several abstract and concrete variables.
- Advanced Excel Skills.
Qualifications
Education and Experience:
- Master’s degree in Business, Finance or Accounting, or CPA preferred.
- Healthcare experience required; Non-profit background preferred.
- Minimum of 5 years’ experience in healthcare management such as, but not limited to, clinic management, patient management, accounting and billing.
- Strong background in financial management, fund/NFP accounting and government accounting.
Job Type and Shift
- Full-time/Exempt/Management
- 8 hour shift
- Monday to Friday
Benefits:
- Medical, Dental, Vision, Life, LTD
- Retirement plan
- Vacation, Holiday, Paid time off, parental leave