Director of Finance & Operations - Strategic Leadership

Cincinnati Children's; Cincinnati (OH); On-site; USD 101,000 - 131,000; Full time

Job summary

Cincinnati Children’s is seeking a high-visibility finance leader to oversee the Division’s budgets, revenue cycle, and both clinical and research operations. The role ensures strong internal controls, accurate reporting, and impactful efficiency improvements across the department.

Accountable for financial administration, business operations, and HR planning in collaboration with the division director. Starting pay range is $100,526.40–$130,686.40, with compensation based on experience and

Qualifications

• Bachelor's degree in a related field.
• Preferred: Master's degree in a related field.
• 7+ years of work experience in a related job discipline.

Responsibilities

• Financial Management - Overall accountability for the financial management functions for the department. Develop, implement, evaluate and manage the department's annual and capital budget to achieve the Divisional and Departmental objectives; establish internal controls for cash management; implement and maintain a process for financial controls and external financial audits; develop and implement accounts receivable management; analyze and monitor financial performance and report financial results to stakeholders; evaluate variances, determine underlying causes and identify, present, and implement proposed solutions; establish and monitor productivity metrics; ultimate accountability for compliance with organizational financial policies and procedures.
• Revenue Cycle - Overall accountability for the Division's revenue cycle management, including optimizing revenue, ensuring complete and accurate physician and/or hospital billing and compliant coding, monitoring associated charge capture; creating competitive pricing, developing/expanding programs; effective denial management; and monthly revenue reporting.
• Business Operations (Clinical) - Direct and coordinate the daily clinical operations of the Division; direct, establish and monitor business processes to ensure effective and efficient clinical operations; direct clinical revenue cycle activities within the Division; direct, design and monitor efficient patient flow patterns to maximize clinical and staff efficiency; develop and implement policies and procedures for improved utilization and operations; identify opportunities for improving cost and quality of care through in-depth process and cost of care analysis and develop and offer recommendations to drive significant operational change; resolve issues directly, or in consultation with Division Director concerning staffing, utilization of facilities, equipment and funds; develop and interpret policies and procedures for faculty and staff; and ensure that all policies are in conformance with Medical Center guidelines.
• Business Operations (Research) - Direct activities associated with the management of external funded projects, including but not limited to developing and executing Divisional operating procedures for timely and compliant submissions of grant proposals; work with Sponsored Programs and other institutional regulatory offices to interpret and ensure compliance with NIH and other external sponsor guidelines for the application and management of awards; develop and execute operational procedures to monitor and disseminate revenue and expense information with PIs to ensure appropriate expenditures; based on monthly and quarterly reports of expenditures, identify and correct errors, project future expenditures and prospectively manage all required changes; understand and manage to all sponsor requirements relating to carry forwards; work with Sponsored Programs offices and collaborating institutions to ensure timely execution of sub awards, invoicing, and receipt of all deliverables to inclu

Education

Bachelor's degree in a related field

Master's degree in a related field

Job description

Cincinnati Children’s is seeking a high-visibility finance leader to oversee the Division’s budgets, revenue cycle, and both clinical and research operations. The role ensures strong internal controls, accurate reporting, and impactful efficiency improvements across the department.

Accountable for financial administration, business operations, and HR planning in collaboration with the division director. Starting pay range is $100,526.40–$130,686.40, with compensation based on experience and