Director of Financial Planning

Frederick Health; Frederick (MD); On-site; USD 126,000 - 190,000; Full time

Benefits offered by this job

Health, Dental, Vision insurance

Life insurance

Short-Term and Long-Term Disability

Paid Time Off

403B retirement plan with employer‑匹

Educational assistance

Employee Assistance Program

Job summary

Frederick Health seeks a Director of Financial Planning and Analysis to lead the annual budgeting process for operating, capital, and cash components. You will coordinate with Finance leadership and train department managers to secure an optimal budget plan and approved spread.

Responsibilities include monthly performance analysis, variance investigations, and biweekly productivity reporting with labor analytics at close.

Qualifications

• Bachelor’s degree in accounting or business; CPA and/or MBA preferred.
• 8 years hospital/health care budgeting experience with supervisory responsibility.
• Maryland hospital experience is optimal.
• Advanced proficiency with MS Word, Excel, PowerPoint, Access and Outlook.
• Excellent communication, organizational, confidentiality, and problem-solving skills.

Responsibilities

• Direct the annual budgets (operating, capital, cash) preparation.
• Coordinate all budgeting activities with Finance leadership.
• Provide monthly monitoring and analysis of performance to budgeted levels.
• Deliver biweekly productivity reporting and labor analytics at close.
• Train department managers for optimal budget planning and execution.
• Analyze supply spend and utilization and report trends monthly.

Skills

Leadership

Communication

Organizational skills

Problem solving

Education

Bachelor’s degree in Business Administration

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Tools

MS Word

Excel

PowerPoint

Access

Outlook

Job description

Frederick Health is seeking a Director of Financial Planning and Analysis. The person selected for this position will direct the preparation of annual budgets, including operating, capital and cash. Coordinate all activities of this preparation in coordination with Finance leadership. Collaborate and provide training to all department managers prior, during and after budget preparation to obtain an optimal budget plan and approved budget spread. Provide monthly monitoring and analysis for performance to budgeted volume and expense levels. Work with respective VPs and/or financial representatives to investigate variances. Provide biweekly productivity reporting to the organization. Update productivity measures annually in coordination with benchmarking consultant and department managers. Monitor productivity trends and report impact to financial performance on a monthly basis. Provide labor analytics at financial close meetings to gauge volume and rate components of labor variance. Work with Supply Chain to analyze supply spend and utilization on a per unit basis. Provide trend information to key stakeholders on a monthly basis.

This position requires

a bachelor’s degree in accounting or business. Eight years of hospital or health care experience, with supervisory experience. Maryland hospital experience is optimal. CPA and/or MBA preferred. Advanced proficiency and accuracy in the use of software programs such as MS Word, Excel, PowerPoint, Access and Outlook. Excellent communication skills, both verbal and written; Strong organizational skills and ability to prioritize and manage multiple tasks. Ability to work professionally with a diverse population base. Ability to maintain a high level of confidentiality. Ability to analyze and solve problems.

Hours: Full-time, Monday-Friday, 8:30a-5:00p.

Caring for you as you care for the CommUNITY

Frederick Health offers a comprehensive and affordable benefits package. Health, Dental and Vision insurance are offered the 1st of the month after 30 days of employment to all employees hired to work at least 20 hours per week and we offer multiple plans to best meet your and your family's needs. Life insurance, Short-Term Income Replacement and Long-Term Disability are employer paid for eligible employees. Frederick Health offers a robust Paid Time Off program for eligible employees. Our 403B retirement plan helps you save for your retirement and includes an employer match to eligible employees. All employees have access to free financial planning sessions. We also offer an educational assistance program to support your education goals as well as an employer paid Employee Assistance Program. Pay is based on experience, skills and education. If position is part-time, salary will be pro-rated based on scheduled hours. The pay range may also vary within the stated range based on specialty if applicable. Non-Exempt positions may have shift differential and/or Overtime paid, if applicable. Pay range: $125,902.40 - $189,904.00

Experience

Required

• 8 year(s): Hospital or healthcare budget experience with supervisory experience.

Education

Required

• Bachelors or better in Business Administration or related field
• Bachelors or better in Finance or related field
• Bachelors or better in Accounting or related field

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.