Morrisville, North Carolina
Posted: 21-Aug-24
Location: Dallas, Texas
Salary: Open
Categories:
Internal Number: 24013174
JOB SUMMARY
Director of Finance plans, organizes, and oversees activities related to financial management for North Texas Medical Group (HTPN) Baylor Scott and White Health (BSWH), which may include financial planning and analysis, accounting, patient financial services, budgeting, reimbursement, and financial and accounting systems. Develops, interprets, and implements financial concepts for financial planning and control. Performs in-depth analysis and assessment to determine present and future financial performance for BSWH organizations and areas of responsibility. Provides financial oversight of major BSWH business initiatives. Gathers, analyzes, prepares, summarizes, and presents financial recommendations, which may include plans, proposals, trending reports, operating forecasts, joint venture structuring, and acquisition analysis. Performs research and studies in areas of rates of return, depreciations, revenue recognition, investment opportunities, investment performance, and impact of government requirements. Establishes and implements policies and procedures related to financial operations and accounting practices. Develops programs and processes necessary to monitor and measure the execution of financial plans and ensures that BSWH operates in a financially responsible manner.
An entity Director translates and implements strategic plans and objectives for area of responsibility. Makes final decisions on operational matters and ensures achievement of objectives. Recommends policies and organizational changes for area. Plans and executes projects and initiatives that meet annual objectives. Plans and directs the operations of a department or area, with responsibility for staffing, processes, budgets, and costs of the unit. Leads and advises subordinate(s) to meet schedules, resolve technical problems, and monitor performance. Has a larger, more complex organization or functional area than a manager. Often has one or more managers or supervisors reporting to the role.
ESSENTIAL FUNCTIONS OF THE ROLE
1. Directs the financial planning and budgeting processes for assigned area of responsibility within BSWH.
2. Develops and recommends strategic and operational plans and priorities for finance that are aligned to BSWH overall business objectives.
3. Directs the analysis and interpretation of financial results and creates financial performance plans for senior leadership in support of BSWH business objectives.
4. Leads accurate, timely, and relevant financial reporting to various audiences for assigned areas within BSWH.
5. Monitors financial activities, reporting, and transactions to ensure compliance with all applicable regulatory requirements.
6. Establishes and maintains financial policies, procedures, and practices for the assigned area of responsibility that ensures consistency with BSWH overall standards and guidelines.
7. Evaluates financial operations for adherence to predetermined operational goals and develops operational improvement plans as appropriate.
8. Develops and implements financial calculations, metrics, and dashboards to provide operational updates on revenue, costs, productivity, and variances for assigned area of responsibility within BSWH.
9. Develops and maintains a system of internal controls to safeguard financial assets of the organization.
10. Directs the coordination of independent auditors to ensure successful completion of periodic audits and resolution of audit issues.
KEY SUCCESS FACTORS
1. Bachelor's degree in finance, accounting, business, or related field preferred.
2. 3+ years of experience in finance management, accounting, or related area.
3. Experience in a leadership role preferred.
4. Experience implementing large complex financial initiatives or projects simultaneously.
5. Excellent analytical and quantitative skills.
6. Strong written, verbal, and presentation skills.
BENEFITS
Our competitive benefits package includes the following
- Immediate eligibility for health and welfare benefits
- 401(k) savings plan with dollar-for-dollar match up to 5%
- Tuition Reimbursement
- PTO accrual beginning Day 1
Note: Benefits may vary based upon position type and/or level
- EDUCATION - Bachelor's
- EXPERIENCE - 3 Years of Experience