Finance Director

Job Description:

This position is responsible for directing the sound financial management of care site* operations through planning, coordinating, and monitoring activities. This leader works with care site leadership teams (e.g., Hospital President and Hospital Administrative Council) to oversee the operations through strategic planning, financial planning processes, financial analyses, and compliance activities. This leader will need to reside near one of the care sites. The Finance Director is a member of the care site’s leadership team and participates in administrative responsibilities. This position reports directly to the South Market Assistant Vice President of Finance with dotted line accountability to Hospital Presidents.

• Care sites = Sevier Valley Hospital (Richfield, UT); Sanpete Valley Hospital (Mt. Pleasant, UT); Delta Community Hospital (Delta, UT); and Fillmore Community Hospital (Fillmore, UT)

Essential Functions

• Senior Finance Leader: Serve as the senior finance leader and member of the care site's executive team, providing expert guidance on financial matters and contributing to the overall strategic direction of the care site.
• Healthcare Finance Expertise: Demonstrate a thorough understanding of healthcare finance and economics, applying this knowledge to drive financial strategies and decision-making. Educate leaders (frontline managers and directors) on healthcare finance and economics by providing resources that enhance their understanding of financial principles and their impact on patient care and hospital operations.
• Matrixed Enterprise: Lead within a complex matrix enterprise by navigating and coordinating across multiple functions and reporting lines, leveraging effective communication skills to align diverse teams toward common goals.
• Operating and Capital Plans: Develop short and long-term operating and capital plans, ensuring alignment with the care site and region/enterprise strategic goals. Ensure accountability for plans by monitoring progress, managing resources, and implementing corrective actions to achieve both short and long-term financial objectives.
• Strategic Planning: Support and develop strategic plans and initiatives, contributing to the care site growth and sustainability.
• Financial Analysis and Recommendations: Reviews or prepares comprehensive financial analyses and feasibility studies, making recommendations based on the results to support informed decision-making.
• Compliance and Controls: Oversee financial transactions and maintain strong financial controls to safeguard assets and ensure accuracy, compliance, and integrity in all financial activities. Partner with Compliance, Accounting, Internal Audit and Others to support compliance efforts, ensuring adherence to regulatory requirements and internal policies.
• Team Development: Lead a team of finance caregivers, fostering a collaborative and high-performance environment while supporting their professional development.
• Contracting Participation: May participate in the contracting process, including, but not limited to, physician, supply chain, and payer contracting (e.g., commercial and government), to optimize financial agreements and relationships.
• Operational coordination: May be responsible for coordinating aspects of enterprise services with care site operations (e.g., revenue cycle, supply chain, environment of care) and ensure operational efficiency and effectiveness.

Skills

• Financial Analysis
• Healthcare Operations
• Communication
• Strategy
• Demonstrated expertise in financial analysis and healthcare operations.
• Experience directly managing staff with the ability to coach and mentor finance professionals.
• Detail oriented with excellent organizational and analytical skills. Flexible and adaptable to change.
• Excellent communication skills (both written and oral) with the ability to communicate with all levels of the enterprise including staff, management, and physicians.
• Strong computer skills with experience in spreadsheets, word processing and the Internet.

Qualifications

• Bachelor's degree in finance, accounting, business/healthcare administration or related field from an accredited institution is required. Education is verified.
• Strong written and verbal communication skills and experience communicating with various organizational levels.
• Experience working with spreadsheet, word processing, and Internet programs.

Preferred Qualifications

• Master's in finance, accounting, business/healthcare administration or MBA is preferred. Education is verified.
• CPA, CHFP or FHFMA
• Seven years of progressive financial experience.
• Knowledge of Intermountain information systems and financial processes.
• Experience with and a working knowledge of healthcare revenue cycle operations, supply chain, payer contracting, and Medicare/Medicaid cost reports.

With this position, you are eligible to participate in the Annual Pay for Performance (AP4P) Plan. This plan enables Intermountain Health to provide leaders with an additional performance compensation opportunity. The AP4P award opportunities are calculated as a percentage of your base salary. Awards are paid out based on attainment of selected Board-approved goals.

Physical Requirements:

Rural only

Interact with others requiring the employee to communicate information.
- and -
Operate computers and other office equipment requiring the ability to move fingers and hands.
- and -
See and read computer monitors and documents.
- and -
Remain sitting or standing for long periods of time to perform work on a computer, telephone, or other equipment.

Location:

Intermountain Health Sevier Valley Hospital

Work City:

Richfield

Work State:

Utah

Scheduled Weekly Hours:

40

The hourly range for this position is listed below. Actual hourly rate dependent upon experience.

$57.75 - $89.14

We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

Learn more about our comprehensive benefits package here.

Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

All positions subject to close without notice.