Job Summary The Director, Finance-Boston Children's Network Specialty Physicians will be responsible for:
Directs and manages the day-to-day operations of the Foundation's finance operations. Collaborates with Tufts Medical Center on billing matters and prepares appropriate reporting. May oversee accounting or other financial staff. Establishes priorities, reviews progress, and problem solves.
Collaborates as needed with BCH Foundations on billing matters and prepares appropriate reporting.
Collaborates with the Hospital's finance and budget departments to ensure that Foundation needs are recognized, represented, and reflected in the hospital's financial systems. Ensures the timely and accurate transfer of Foundation financial data to the finance department for inclusion in institutional financial statements and reports.
Coordinates all strategic business planning efforts through the Office of Strategic Business Planning.
Interprets Hospital, government, and Financial Accounting Standards Board regulations and issues related to financial management and accounting. Communicates their existence and impact on the department and foundation management team. Negotiates with Hospital administration, departments and Foundation management regarding difficult financial issues pertaining to all phases of financial management.
Provides a myriad of financial analyses of Foundation activities to determine the appropriate level of funding, expenses, overhead, trends and projections to Hospital and Foundation senior management.
Works with Hospital administration and Foundation management to identify and resolve problems with systems, procedures, policy, or other financial issues and, where appropriate, develops new systems or other alternatives that result in improved service and/or more cost efficiencies.
Supports the Foundation's annual independent audit, including preparing the financial statements, supporting schedules, and variance reporting, and assesses and responds to any findings. Coordinates all audit functions with the SVP, Finance.
Develops alternative strategies and solutions to identified control or procedural weaknesses, whether identified via an audit or other reviews.
Supports financial reconciliation between BCH and Tufts Medical Center.
To Qualify, you must have:
A Bachelor's Degree and 8 years relevant experience. Master's Degree preferred.
Extensive experience in the preparation of financial statements.
Analytical skills necessary to plan for, design, or enhance hospital-wide systems and programs and resolve problems.
Extensive experience with budget preparation and variance analysis.
Requires a comprehensive and up-to-date awareness of the regulations and guidelines for managing a large budget.
The ability to effectively deal with conflicting views or issues and mediate fair and workable solutions. Excellent communication and leadership skills.
Demonstrated ability to recommend and implement new policies and practices.
Boston Children's Hospital is a 395-bed comprehensive center for pediatric health care. As one of the largest pediatric medical centers in the United States, Children's offers a complete range of health care services for children from birth through 21 years of age.