Institute and Market Finance Director I

Cleveland Clinic; Canton (OH); On-site; USD 112,000 - 171,000; Full time

Job summary

The Cleveland Clinic is seeking an Institute and Market Finance Director I to lead financial operations for Mercy and Medina Hospitals. The role requires directing monthly close, budgeting, performance analysis, and collaborating with executive teams to drive financial performance across service lines.

You will mentor staff and align with enterprise initiatives in a matrix environment. The position is 80–100% onsite in Ohio, with travel across hospital sites as needed.

Qualifications

• Bachelor’s degree in business, Finance, Accounting, or related field.
• Six years of experience in business management, strategic initiatives, operational and capital budgeting processes, financial analysis, and reporting.
• Advanced knowledge of accounting principles, financial planning, forecasting and analysis, budget development, strategic and business plan development, project management, financial statement, and financial system experience.
• Ability to work in a stressful, complex, and matrixed organization.
• High-level management and leadership skills.

Responsibilities

• Plan, organize, and direct staffing activities including hiring, orienting, performance management, engagement, and continuing education initiatives in a matrix environment.
• Oversee financial operations of the area including financial reporting and month-end close.
• Ensure compliance with regulatory requirements and internal controls.
• Lead monthly departmental financial reviews and provide analysis and recommendations.
• Collaborate with leadership to establish metrics for financial performance.
• Monitor service line performance and new business development for financial improvement.
• Lead enterprise initiatives including financial planning, capital planning, and business planning.
• Prepare and present financial performance to leadership groups.
• Coordinate with Revenue Cycle Management to monitor reimbursement performance.
• Other duties as assigned.

Skills

Financial analysis

Budget development

Strategic planning

Project management

Financial reporting

Leadership

Education

Bachelor’s degree in business, Finance, Accounting, or related field

MBA

Certified Public Accountant (CPA)

Tools

EPIC

Oracle

Snowflake

Tableau

Strata

MS Excel pivot tables

Job description

Join the Cleveland Clinic team, where you will work alongside passionate caregivers and provide patient-first healthcare. Cleveland Clinic is recognized as one of the top hospitals in the nation. At Cleveland Clinic, you will receive endless support and appreciation and build a rewarding career with one of the most respected healthcare organizations in the world.

As an Institute and Market Finance Director I, you will lead financial operations for the Mercy and Medina Hospitals, partnering closely with executive leadership and providers to drive service line financial performance and support enterprise objectives. This role oversees monthly financial operations and performance metrics, annual financial planning, business plan development, and staff development while identifying opportunities to improve financial performance across assigned areas. The ideal candidate will have a strong executive presence and exceptional communication skills, as this role works closely with executive teams at Mercy and Medina, regularly meets with providers, and presents financial performance and strategic recommendations at quarterly board meetings.

This is a rewarding opportunity that offers growth-oriented projects, mentorship, and strong support and resources. You will gain valuable exposure to both institute and department leadership while having numerous opportunities for professional development and career growth.

A caregiver in this role works days from 8:00 a.m. – 5:00 p.m.

This position is 80%–100% onsite, with caregivers working at Mercy 2–3 days per week and Medina 1–2 days per week.

A caregiver who excels in this role will:

• Plan, organize, and direct all strategic activities related to staffing, including hiring, orienting, performance management, employee engagement, and continuing education initiatives in a matrix environment.
• Oversee financial operations of the assigned area including financial reporting, month-end financial close, and partnering on cost accounting.
• Demonstrate strategic and high-level knowledge of applicable statutory, regulatory, and administrative requirements relative to operations and ensure compliance with internal controls.
• Lead monthly departmental financial review meetings and provide analysis, interpretation, and recommendations for corrective action, as needed.
• Collaborate with market, institute, and enterprise leadership to establish and monitor key metrics and measures for financial performance.
• Monitor service line financial performance and new business development including recommendations for financial improvement.
• Lead areas through approved key enterprise, or corporate initiatives, including financial planning, capital planning, and business planning.
• Prepare and present financial performance to various leadership groups.
• Partner with RCM and MNS to monitor revenue cycle and reimbursement performance.
• Other duties.

Minimum qualifications for the ideal future caregiver include:

• Bachelor’s degree in business, Finance, Accounting, or related field
• Six years of experience in business management, strategic initiatives, operational and capital budgeting processes, financial analysis, and reporting
• Advanced knowledge of accounting principles, financial planning, forecasting and analysis, budget development, strategic and business plan development, project management, financial statement, and financial system experience
• Ability to work in a stressful, complex, and matrixed organization
• High-level management and leadership skills

Preferred qualifications for the ideal future caregiver include:

• MBA
• Certified Public Accountant (CPA) or related
• Hospital Finance experience
• Three years of supervisor and/or project management experience
• Experience with EPIC, tech skills (Oracle Snowflake, Tableau or Strata)
• Experience with MS Excel pivot tables

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.

Pay Range

Minimum Annual Salary: $112,110.00

Maximum Annual Salary: $170,955.00

The pay range displayed on this job posting reflects the anticipated range for new hires. A successful candidate’s actual compensation will be determined after taking factors into consideration such as the candidate’s work history, experience, skill set and education. The pay range displayed does not include any applicable pay practices (e.g., shift differentials, overtime, etc.). The pay range does not include the value of Cleveland Clinic’s benefits package (e.g., healthcare, dental and vision benefits, retirement savings account contributions, etc.).