What are the responsibilities and job description for the Facility VP, Finance, Norton Clark Hospital & Norton Scott Hospital position at Norton Healthcare?
Responsibilities
The Facility VP Finance is responsible for executive oversight of assigned facility departments including operational management of staff and budgets, and strategic direction of those departments. The Facility VP Operations/Finance also has financial responsibilities for the assigned facility including development and monitoring of the operating budget and capital budget, and identifying revenue enhancement/cost containment opportunities based on financial analysis and observation.
Key Accountabilites:
- Responsible for the integrity and financial accuracy of the Facility’s monthly financial statements. Coordinates monthly closing with accountant and reimbursement manager to ensure all expenses and revenue are recorded properly to achieve or exceed established Patient Service margins. Prepares monthly budget variance report and communicates budget variance with administrative team. Coordinates completion of both the operating budget and long-term capital expenditure plan at the facility level and monitors on an on-going basis. Identifies revenue enhancement/cost containment opportunities based on financial analysis and observation. Ensures major construction/renovation projects are managed to budget and schedule or better. Operationalizes programs to facilitate growth in volume/visits at the facility level.
- Manages productivity/staffing levels to best practice benchmarks for assigned departments. Develops performance improvement measures and continually assesses performance against measures. Manages at or below budget for flex adjusted revenue/volumes for assigned departments.
- Effectively monitors service processes that are patient and family focused, ensures patient satisfaction scores are meeting facility and assigned departments’ goals. Ensures the strategic, operational, and programmatic plans support the mission, vision, values and service orientation of Norton Healthcare.
- Ensures evidenced-based key processes are followed to ensure best possible patient outcomes. Actively monitors for compliance with state, federal and Joint Commission requirements. Plans well and prepares in advance for projects and multiple possible outcomes.
- Conveys a clear vision of the facility’s direction, challenges and opportunities for staff. Establishes meaningful and measurable performance expectations for staff. Manages complex hospital-based physician relationships and contracts.
Qualifications
Required:
- Five years operations or finance in a healthcare setting
- Bachelor Degree
Desired:
- Three years management in operations or finance Education
- Master Degree Certification
- Certified Public Accountant
