This position will be responsible for overseeing the financial planning and forecasting process for Banner system (comprised of hospitals, medical group and ancillary services such as urgent care centers). Key essential responsibilities include:- Develop Long Range Strategic Financial Plan/Scenarios (LRSFP) at the system level based on financial ratio goals, input from strategy and global assumptions (rates, IP/OP volume, inflation, productivity etc);- Lead in implementing Kaufman Hall financial planning/budgeting modules and related work process integration by working with key stakeholders across Banner system;- Develop annual budgets centrally based on LRSFP and facility historical trends (IP/OP volume, rates, inflation, FTE etc.) for all divisions and facilities- Establish governance process for division/facility input on annual budget assumptions and subsequent SLT reviews and approval- Prepare variance analysis and reporting of monthly results for divisions and facilities (e.g. Stewardship reporting);- Prepare flex budgets for divisions and facilities - Prepare quarterly rolling forecast at the system level- Manage team of 10-15 finance/accounting analysts to support deliverables
Manages managers, supervisors and/or professional staff. Hires, develops and motivates employees to achieve objectives.
Achieves operational, financial or service objectives using breadth of knowledge of healthcare operations and management expertise. May manage budget for large and/or complex projects or programs. Participates and may lead task forces to plan, implement, and coordinate facility activities to maximize service quality, effectiveness and efficiency.
Accountable for the performance and results of a function or facility or process. Develops departmental plans and policies to achieve organizational priorities; 6 to 18 months future outlook. Makes decisions guided by functional business plans that impact the support and funding of services, processes, technologies, etc.
Conducts in-depth analysis and/or evaluation of information to determine the cause and appropriate solution. Foresees and resolves complex customer issues or problems. Manages resources to resolve conflicting objectives and priorities within own area and to ensure financial, service and operational commitments are met.
Bachelors degree or equivalent working knowledge in the field of finance or accounting.
Financial Planning, Analysis and reporting experience gained from progressive finance and business roles (7-10 years).Expertise in Budgeting, Forecasting and variance analyses.Knowledge of finance and accounting concepts such as P&L.Demonstrated cross-functional collaboration and leadership abilities.
MBA preferred. Healthcare experience preferred.
Additional related education and/or experience preferred.
You want to change the health care industry – one life at a time. You belong here. You’re excited to be part of the dramatic changes happening in the health care field. In fact, you thrive on change. But you also understand that excellent, compassionate patient care is the true measure of the success of these changes. You belong at Banner Health. Our award-winning, comprehensive health system includes 23 hospitals in seven western states, primary care health centers, research centers, labs, a network of physician practices and much more. Throughout our system, skilled, compassionate professionals use the latest technology to change the way care is provided. If you’re looking to be a key contributor to a forward-looking organization, you’ll experience a wide variety of professional advantages: •Our vision for changing the future of health care gives you the opportunity to leverage your abilities to achieve something historic. •Our expansive system offers you an unmatched variety of clinical settings – from large urban trauma center to small rural hospital, ambulatory to home health. Our system also includes hospitals specializing in cancer, heart health and pediatrics. •Our many loc...ations also translate into a broad selection of exciting and rewarding lifestyle options – from the big city to the wide-open spaces. •Our commitment to healthcare innovation means you always have the latest technologies at your fingertips to help you provide the finest care possible. •The size, success and growth of our system provide you with the stability and options to pursue your desired career path. •Our competitive compensation and comprehensive benefits offer you options to complement your unique needs.