The Executive Director, International Finance is responsible for the management and supervision of the finance functions for Cedars-Sinai International (CSI); CSI is the global extension of Cedars-Sinai's mission, vision and values, committed to the well-being of the global population. In this capacity, the Executive Director reports to the VP, International Health with a dotted line reporting relationship to the Senior Vice President, Finance.
The Executive Director assists and supports the VP, CSI to deliver high-quality patient services and sustainable and impactful collaborations that raise the standards of healthcare and promotes Cedars-Sinai mission, values, and philosophy.
Primary Duties and Responsibilities:
Responsible for accounting practices, revenue cycle management and revenue integrity for international patients services, including but not limited to directing and managing the financial portfolio for CSI. Develops and manages international payer relations, contracting and managed care plans. Responsible for negotiating contracts, agreements and conducts financial analysis. Oversees embassy and other third-party payor relationships. Develops and manages financial reporting system and processes to support operations and decision-making. Develops and maintains key indicator report(s) for International Health business. Presents monthly financial results to the leadership team. Directs and develops strategic financial and market analysis as needed for business proposals; directs and develops strategic planning for CSI business and global operations. Responsible for developing the annual budget and long-range financial plan for CSI. Maintains awareness of quickly evolving global reimbursement landscape. Oversees the business, financial, and commercial relationships for CSI, including collaboration with Corporate Finance, Legal, and other key internal and external stakeholders. Coordination with internal and external legal counsel, as needed. Oversees the day-to-day operations for International Patient and Global services. Oversees finance functions for CSI, including but not limited to financial management, funds disbursement, revenue generation, reporting, billing and collections. Identifies and facilitates access for all international patients; facilitation of physician services, as needed, for international patients Coordinates and integrates with Strategic Operations to support development needs for international patients Responsible for coordination of patient billing and care issues across Cedars-Sinai and affiliates
Teamwork/Customer Relation Responsibilities:
Establishes effective working relationships with cross-functional team(s) Collaborates to problem solve and make decisions to achieve desired outcomes Shares knowledge, time and expertise to assist other members of the team Represents the company with external constituents Cultivates and maintains strong customer relationships and rapport with stakeholders and/or client groups Ensures practices and procedures are inclusive of interpersonal and cultural diversity
Team Lead/Supervisory/Management Responsibilities:
Plans, leads, and directs work of staff to ensure goals and objectives are completed within established budget and deadlines are met. Responsible for hiring, onboarding, managing schedules, personnel actions, performance reviews, and performance improvement plans. Supervises the day-to-day work of employees, assigns work, ensures tasks are completed and deadlines are met.
Educational Requirements: Bachelor's Degree Finance, Business Administration, Accounting or a related field required. Master's Degree MBA in Business Administration, International Business, MS in Finance, Accounting or a related field preferred.
Experience: Minimum of 10 years demonstrated success in Finance, International Business or related experience required in a large complex organization and/or academic medical center. Minimum of 8 years Managerial experience of department/service line(s) with a team of direct reports required.
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scientists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major t...eaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competitive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.