Executive Director Finance (Broward Operations) at Nicklaus Children's Health System in Miami, Florida

Job Description:

Job Summary

Responsible for all business and financial operations for Nicklaus Children's Hospital at Broward Health as well as the employed Group Practice in Broward market. Supports the Nicklaus Children's at Broward' mission by directing the financial operations and provides direction and guidance to Senior Leadership on operational and strategic initiatives. Develops, plans, directs, and controls broad administrative activities toward achieving the business objectives consistent with the mission of NCHS in accordance with applicable laws and policies. Identifies opportunities for business and financial improvement and recommends specific initiatives to ensure financial viability through short- and long-range planning. Supports accounting, finance, and operational functions through collaboration with centralized corporate resources, supporting operations, and using good judgment and discretion in applying sound business principles. 

Job Specific Duties

• Direct financial activities in Broward market by establishing and/or recommending to management financial strategies, objectives, and policies for the assigned areas. 
  
  


• Provides financial leadership support for Broward market, including development of financial forecasts, revenue projections, financial analysis, capital planning, productivity and benchmarking, and financial operations. 
  
  


• Provides executive direction and oversight for operational efficiencies and business process reengineering with the overall goal of optimizing business processes, productivity, and minimizing waste.
  
  


• Oversees and reviews financial, operational, and management reports to support the Broward operations.
  
  


• Ensure timely and appropriate responses to requests for information and support. 
  
  


• Oversees all internal functions of the Broward operations including finance, budget planning, daily productivity management, pro forma development, and analysis.
  
  


• Ensures all professional service contracts are current and market competitive.
  
  


• Participates and plays a lead role when appropriate in negotiations regarding financial relationships, consistent with the practices, and NCHS mission and applicable laws and regulations. 
  
  


• Participate in System long-range and annual financial planning with focus on Broward operations.
  
  


• Assume the lead role in analyzing, exploring and recommending means to increase net revenues and improve operational efficiency for Broward hospital. 
  
  


• Manages the annual overall budgeting and action planning process for Broward market in collaboration with System corporate resources.  Oversee the administration of all expenditures in accordance with the approved operating and capital budgets. 
  
  


• Direct departmental reporting of actual financial performance against budget and evaluation of variances through formalized Monthly Operating Reviews. 
  
  


• Analyses of operations, trends and costs, estimated and realized revenues, administrative commitments, and investments made.  Responsible for assisting in management of funds flow mechanism under Broward Master Affiliation Agreement. 
  
  


• Assists in the month-end close processes with responsibility for appropriate system collaboration in assigned areas. 
  
  


• Actively supports executive leadership team to develop, analyze and action strategic initiatives, comprehensive strategic plan and implementation of such. 
  
  


• Ensure timely compliance with relevant regulations, standards, and directives from regulatory agencies and third-party payers where appropriate. 
  
  


• May have direct oversight of others and responsible to recruit, hire, retain, grow and actively engage them to increase performance.

Minimum Job Requirements

• Bachelor's Degree in Accounting, Finance, or Business Administration, Healthcare Administration, or related field
  
  


• 7-10 years of finance experience
  
  


• 7-10 years of experience in a not-for-profit healthcare setting
  
  


• 7-10 years of experience in a Senior Financial Management role in complex financial environment
  
  


• 4-7 years of audit or related financial reporting experience
  
  


• 4-7 years of healthcare and regulatory experience

Knowledge, Skills, and Abilities

• MBA and/or CPA preferred.
  
  


• Public accounting and supervisory experience preferred.
  
  


• Excellent creative and problem-solving skills.
  
  


• Excellent written and oral presentation skills.
  
  


• Excellent leadership, management, and interpersonal skills.
  
  


• Strong team player orientation.
  
  


• Strong customer service skills.
  
  


• Strong team player who is able to work across multiple functions in a matrixed reporting environment
  
  


• Organized and detail orientated.
  
  


• Ability to balance and multiple tasks with changing priorities.
  
  


• Solid understanding of internal control environment.
  
  


• Adaptable to change.
  
  


• Ability to implement practical solutions.