What are the responsibilities and job description for the Area Director - Finance position at St. Luke's Health System?
Overview
St. Luke’s Health System seeks an Area Director - Finance to join our team, directly supporting of our physician services clinic operations. Specifically, this role is a strategic partner to the dyad team of our VP Clinic Operations and President of our Medical Group to manage the financial performance of the St. Luke's employed medical group and physician practices.
The successful candidate will have an understanding of medical clinic operations and physician compensation practices to be able to assess and inform in alignment with health system strategies and objectives.
Responsibilities
- Presents operational and financial performance insights to executive leadership, providers, community boards /stakeholders, and other internal management groups. Oversees, performs, and interprets high value analysis and key business metrics to aid decision making and operational planning. Provides operational context, highlights opportunities, and proactively identifies and leads execution of financial improvement opportunities.
- Collaborates with leadership to assess programs and service lines opportunities for growth, service expansion and/or elimination. Develops analysis for resources, cost/benefit, or otherwise needed related financial matters.
- Assumes an active role in cross functional teams to ensure sound financial processes and controls, interfacing with internal stakeholders and other shared service functions. Partners with system functional areas on system-wide initiatives and leads execution of tactics to improve revenues and reduce expenses.
- Understands the operational and financial challenges of the business unit, and influences leaders to deliver options to meet current and future financial targets. Challenges prioritization of initiatives to ensure financial benefits are realized.
- Collaboratively coordinates services for finance functions to provide consistent, quality financial information reinforced by high quality financial insights.
- Develops, reviews, and monitors operating budgets in coordination with system finance leaders. Develops and justifies capital budget requests with critical oversight, monitors capital budgets in coordination with system finance leaders, and coordinates capital procurement according to planned timelines
- Develops solutions to complex problems, requiring a high degree of financial acumen and understanding of the business. Provides ongoing education for front-line leaders and business unit leadership.
- Supports and maximizes the business units operational and strategic performance with high level customer service. Builds strong rapport and trust with stakeholders and cross functional teams to enable challenging discussions around financial performance.
- Leads special projects and participates on committees, workgroups, and teams, as assigned.
- Performs other duties and responsibilities as assigned.
Qualifications
- Education: Bachelor’s Degree in Business, Accounting/Finance or related field or 4 years’s experience in lieu of degree.
- Experience: 10 years’s relevant experience in financial auditing, consulting or financial management.
Why St. Luke's
A strong, talented staff is at the heart of St. Luke’s Health System. We are the state’s largest employer with more than 15,000 employees and a medical staff of more than 1,800 physicians and advanced practice providers. We’re proud of our people who deliver skilled, compassionate care every day, and are looking to add dedicated individuals who will continue this same tradition of excellence.
*St. Luke’s is an equal opportunity employer and does not discriminate against any person on the basis of race, religion, color, gender, gender identity, sexual orientation, age, national origin, disability, veteran status, or any other status or condition protected by law.