Finance Manager

Licensure, Certification, or Registration Requirements for Hire: N/A

Licensure, Certification, or Registration Requirements for continued employment: N/A

Experience REQUIRED:
Minimum of five (5) years in finance or accounting with one (1) year of experience in a healthcare environment
Minimum of five (5) years of experience with spreadsheets, databases, and report-writing software
Experience in data/information analysis Previous experience with compensation, payroll, contracts, business administration, process improvement, data analytics, revenue cycle and/or regulation compliance Previous experience with contract negotiations

Experience PREFERRED:
Seven (7) years in finance or accounting with three (3) years of management experience
Three (3) years in a healthcare environment, preferably an academic medical center or physician practice
Project management experience Previous experience using an Electronic Health Record (EHR)

Education/training REQUIRED:
Bachelor's Degree in Business, Finance, Accounting, or other job-related field from an accredited program to include coursework in operations management, financial management, and cost accounting

Education/training PREFERRED:
Master's Degree in Business, Finance, Accounting, Health Administration or other job-related field from an accredited program

CPA, CMA, CHFP or FHFMA preferred

Independent action(s) required:
Independently develop and produce financial reports for VCUHS leadership based on collaboration with IT, Finance, Decision Support and other departments; participate with senior administration and the medical staff in the development of program expansions and new venture proposals.

Supervisory responsibilities (if applicable):
Management of assigned staff that provide financial analyses and reports to support department operations and staff that supports the development of the annual operating/capital budget, ongoing projects and monthly financial reports.

Additional position requirements:
May require working early/late hours or weekends, depending on the needs of the office and senior leadership.
May require infrequent day or overnight travel.

Age Specific groups served: N/A

Physical Requirements (includes use of assistance devices as appropriate):
Physical: Lifting less than 20 lbs.
Activities: Prolonged sitting
Repetitive motion: Keyboard, Mouse
Mental/Sensory: Strong recall, Reasoning, Problem solving, Hearing, Speak clearly, Write legibly, Reading, Logical thinking
Emotional: Fast pace environment, Steady pace, Able to handle multiple priorities, Able to adapt to frequent, change

Finance Manager (Financial Analytics and Decision Support)

The Finance Manager may report directly to the Director of Finance or Asst. Vice President Finance or VP of Finance for the VCU Health System and has relationships with Chairs, Service Line Executives and Other Senior Operations leaders across all business segments. This role is responsible as the Continuous Finance liaison for the compilation, analysis and financial strategies of cost and profit of service lines and includes preparing and presenting clinical cost variation of diseases, diagnoses and disorders to drive efficiency and effectiveness in delivering health care services across the continuum. The role will require periodic report out to various levels of health system leadership on status, history and future performance of service lines and the cost of providing care. This role will be be involved in the development, maintenance, and integrity of the health systems Strata Costing Module and Continuous Improvement module. This role will be responsible for preparing complex financial reports and dashboards for health system leadership.

In addition, the role explores and leads identifying issues related to existing programs and recommending effective, timely solutions. Responsible for the efficient management of assigned work areas and leads the integration of services within the organizational setting. This individual is accountable for financial analysis and identifying improvement opportunities in operations and strategy within scope.

Finally, the role performs in the role as the senior financial point and liaises with the Health System on financial matters. Performs duties and participates in special projects and other assignments as needed in order to support the mission of VCUHS

Prepares, analyzes and reports out service line performance and comparative analysis among service lines, standardizing where appropriate. Refines reports and analytical tools over time commensurate with service line leadership and finance needs. Prepares cost accounting and variation of direct variable costs across IP and OP platforms by service, provider, MS DRG, OP visit type, etc.

Provides a high level of direct support to health system leadership and supports financial planning and operations on financial matters.

Prepares and presents financial results to respective leadership teams and other constituents as needed from a service line and cost variation perspective.

Ensures governance and leadership have confidence in the competence and collaboration of Finance in accounting and financial reporting, as well as strategic and tactical planning, business plan development, analyses, and recommendations.

Collaborates with the Finance Leadership of VCUHS in the interpretation of historic results and trends to support operations and leadership understanding and plans for any resolution or opportunity pursuits.

Supports the planning process, in collaboration with leaders within the support organization, and other financial resources such as budget, cost accounting, and related areas such as decision support/data warehouse, for the annual financial and capital plans.

Prior experience with financial planning, analytics, and ERP platforms

Prior experience with data modeling, visualizations, and dashboard development.

EEO Employer/Disabled/Protected Veteran/41 CFR 60-1.4.