Director of Finance

Best Care; Omaha (NE); On-site; USD 140,000 - 190,000; Full time

Job summary

Nebraska Methodist Health System is seeking a senior finance leader to drive decision support, revenue integrity, and treasury functions for the health system. You will counsel management on budgets, forecasts, and performance improvements, while ensuring compliance and robust internal controls.

The role requires extensive hospital finance experience, leadership capability, and expertise in ERP and healthcare finance software.

Qualifications

• Bachelor’s degree in business/finance required; MBA preferred.
• Minimum fifteen years in hospital/healthcare or public accounting.
• At least ten years of management experience.
• CPA or CFA preferred.

Responsibilities

• Oversee decision support including forecasts, cost accounting, budgeting, reporting, and capital planning.
• Manage revenue analytics including charge capture, pricing, and government cost reports.
• Support treasury activities for operating and foundation portfolios; assist with debt issuances and retirement plans.
• Lead process improvements and technology enhancements for timely decision support.

Skills

Financial analysis

Strategic advising

Leadership & mentoring

ERP systems

Microsoft Office

Education

Bachelor’s Degree in Business Administration or related financial field

Master’s Degree in Business Administration or related field (preferred)

Tools

ERP systems

Healthcare financial software

Cost accounting systems

Job description

Why work for Nebraska Methodist Health System?
At Nebraska Methodist Health System, we focus on providing exceptional care to the communities we serve and people we employ. We call it The Meaning of Care – a culture that has and will continue to set us apart. It’s helping families grow by making each delivery special, conveying a difficult diagnosis with a compassionate touch, going above and beyond for a patient’s needs, or giving a high five when a patient beats a disease or conquers a personal health challenge. We offer competitive pay, excellent benefits and a great work environment where all employees are valued! Most importantly, our employees are part of a team that makes a real difference in the communities we live and work in.

Job Summary:

Location: Methodist Corporate Office
Address: 825 S 169th St. - Omaha, NE

Responsible for decision support and revenue integrity of the Health System. Functions as a strategic business counselor to all levels of management as well as a steward of sound internal controls and Health System resources.

Responsibilities:

Essential Functions

Decision Support: 45%

• Oversees the preparation of Financial Forecasts, Cost Accounting, Productivity, Management Reporting, and Capital Planning.

• Leads the development of assumptions, overall preparation and analysis of the annual operating budgets for Health System affiliates and the Consolidated Budget.

• Performs, directs, and/or reviews financial analyses and pro forma analyses as requested by members of the senior management team and/or the Board of Directors.

• Provides input and direction in the development and implementation of processes and technology to provide, monitor, and enhance information for decision making in a timely manner; in this regard, maximize the use of technology to improve performance.

Revenue Analytics: 45%

• Oversees Charge Capture.

• Maintains Charge Masters on a compliant basis and responsible for Establishing and Maintaining Prices.

• Ensures Accurate and Timely Preparation and Submission of all Governmental Cost Reports.

• Analyzes Changes in Reimbursement to determine impact to the financials.

• Oversees plan to test IT implementations, upgrades and patches impacting the Revenue Cycle.

Treasury: 10%

• Support CFO with the three investment portfolios – operating, Foundation and MJE Pension.

• Assist CFO with maintenance of new issuances for long-term, publicly traded, tax-exempt debt.

• Staff Investment Committee of Methodist Health System Board of Directors.

• Staff and participate in the Participant Directed Investment Committee with the fund selection for qualified and non-qualified retirement plans.

• Work collaboratively with investment and fiscal advisors.

This job description is not intended to be all-inclusive. The employee may be required to perform other related duties assigned to meet the ongoing needs of the organization.

Schedule:

Full Time

Job Description:

Job Requirements

Education:

• Bachelor’s Degree in Business Administration or related financial field

• Master’s Degree in Business Administration or related field preferred.

Experience:

• Minimum of fifteen years’ progressive experience in hospital/health care or public accounting.

• At least ten years of management experience.

License/Certification:

• Certified Public Accountant preferred.

• Chartered Financial Analyst preferred.

Skills/Knowledge and Abilities:

• Must demonstrate an ability to maintain favorable relations with internal and external representatives or organizations.

• Must be a self-starter, and able to effectively deal with uncertainty and complex situations.

• Demonstrated track record of mentoring teams resulting in higher levels of job satisfaction and performance.

• Knowledge of Enterprise Resource Planning (ERP) systems.

• Advanced computer skills including Microsoft Office applications and relevant healthcare financial systems/software.

• Ability to operate in an office environment, and cope with stressful situations.

• Ability to remain organized and manage multiple projects simultaneously.

• Ability to listen, synthesize, and form action plans based on discussions.

• Ability to focus on results and desired outcomes and how best to achieve them.

• Ability to adapt to changing business needs, conditions and work demands.

• Ability to establish effective working relationships with coworkers, peers and among team members.

• Ability to establish performance standards, appraise staff accomplishments and needs for improvement and take action to reward, counsel, develop or promote/terminate employees as appropriate.

Physical Requirements:

Weight Demands

• Light Work - Exerting up to 20 pounds of force

Physical Activity

• Not necessary for the position (0%):

• Occasionally Performed (1%-33%):

• Frequently Performed (34%-66%):

• Constantly Performed (67%-100%):

Job Hazards:

• Not Related:

• Rare (1-33%):

About Methodist:

Nebraska Methodist Health System is made up of four hospitals in Nebraska and southwest Iowa, more than 30 clinic locations, a nursing and allied health college, and a medical supply distributorship and central laundry facility. From the day Methodist Hospital was chartered in 1891, service to our communities has been a top priority. Financial assistance, health education, outreach to our diverse communities and populations, and other community benefit activities have always been central to our mission.

Nebraska Methodist Health System is an Affimative Action/Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, veteran status, sexual orientation, gender identity, or any other classification protected by Federal, state or local law.