Institute Finance Director Iii - Integrated Hospital Care Institute

At Cleveland Clinic Health System, we believe in a better future for healthcare. And each of us is responsible for honoring our commitment to excellence, pushing the boundaries and transforming the patient experience, every day.
We all have the power to help, heal and change lives - beginning with our own. That's the power of the Cleveland Clinic Health System team, and The Power of Every One.
Job Title
Institute Finance Director III - Integrated Hospital Care Institute
Location
Cleveland
Facility
Cleveland Clinic Main Campus
Department
Job Code
T97954
Shift
Days
Schedule
8:00am-5:00pm
Job Summary
The Finance Director III leads areas of high complexity as determined by qualitative and quantitative guidelines and factors. Criteria considered in determining complexity include but are not limited to, size of business organization, span of control, magnitude of revenue, expenses and encounters, complexity of service lines, size of medical education program, and size of treasury funds.
This role directs financial operations in assigned area to ensure alignment with the objectives of the enterprise including: monthly financial business operations and performance metrics, annual financial planning, business plan development, development of staff, partnering with market and institute leadership to drive service line financial performance improvements throughout the enterprise as well as other finance-related matters.
The Integrated Hospital Care Institute encompasses Emergency Medicine, Express Care & Urgent Care, Anesthesiology, Intensive Care & Resuscitation, Critical Care Medicine, Pulmonary Medicine, Hospital Medicine and Infectious Disease.
Job Details
Responsibilities:

• Plans, organizes and directs all strategic activities related to staffing, including hiring, orienting, performance management, employee engagement, and continuing education initiatives in a matrix environment.
• Oversees financial operations of the assigned area including financial reporting, month-end financial close, and partnering on cost accounting.
• Demonstrates strategic and high-level knowledge of applicable statutory, regulatory and administrative requirements relative to operations and ensures compliance with internal controls.
• Leads monthly departmental financial review meetings and provides analysis, interpretation, and recommendation for corrective action, as needed.
• Collaborates with market, institute and enterprise leadership to establish and monitor key metrics and measures for financial performance.
• Monitors service line financial performance and new business development including recommendations for financial improvement.
• Leads areas through approved key enterprise, or corporate initiatives, including financial planning, capital planning, and business planning.
• Prepares and presents financial performance to various leadership groups.
• Partners with Revenue Cycle Management and Market Network Services to monitor revenue cycle and reimbursement performance.
• Other Duties

Education:

• Bachelor's Degree in Business, Finance, Accounting or related field.
• MBA preferred.

Languages:

• Language required English
• Language preferred English

Certifications:

• Certified Public Accountant (CPA) or related preferred.

Complexity of Work:

• Requires critical thinking skills, decisive judgement, and the ability to work with minimal supervision.
• Must be able to work in a stressful, complex and matrixed organization.
• Must be able to work collaboratively with other leaders to ensure the best interest of the organization are achieved.

Work Experience:

• Minimum of 10 years of experience in business management, strategic initiatives, operational and capital budgeting processes, financial analysis and reporting as well as four years supervisory and/or project management experience
• Healthcare experience preferred.
• Requires advanced knowledge of accounting principles, financial planning, forecasting and analysis, budget development, strategic and business plan development, project management, financial statements and systems and financial system experience.

Physical Requirements:

• Ability to operate a computer and other office equipment.
• Ability to travel throughout the hospital system and, in some locations, off-site.
• Ability to communicate and exchange accurate information.
• This position must be available after hours for support.

Personal Protective Equipment:

• Follows standard precautions using personal protective equipment as required.

The policy of Cleveland Clinic Health System and its system hospitals (Cleveland Clinic Health System) is to provide equal opportunity to all of our caregivers and applicants for employment in our tobacco free and drug free environment. All offers of employment are followed by testing for controlled substance and nicotine. All offers of employment are follwed by testing for controlled substances and nicotine. All new caregivers must clear a nicotine test within their 90-day new hire period. Candidates for employment who are impacted by Cleveland Clinic Health System's Smoking Policy will be permitted to reapply for open positions after one year.
Cleveland Clinic Health System administers an influenza prevention program. You will be required to comply with this program, which will include obtaining an influenza vaccination on an annual basis or obtaining an approved exemption.
Decisions concerning employment, transfers and promotions are made upon the basis of the best qualified candidate without regard to color, race, religion, national origin, age, sex, sexual orientation, marital status, ancestry, status as a disabled or Vietnam era veteran or any other characteristic protected by law. Information provided on this application may be shared with any Cleveland Clinic Health System facility.
Please review the Equal Employment Opportunity poster.
Cleveland Clinic Health System is pleased to be an equal employment employer: Women / Minorities / Veterans / Individuals with Disabilities