Job Summary The Finance Director, Department of Pediatrics (DoP) is responsible for the financial operations of Children's Hospital Pediatrics Association (CHPA) and coordinates the financial operations consistent with policies established by the CHPA Board of Trustees as well as the financial practices established by Executive Management of the DoP of BCH. They are accountable for the continued financial process improvement strategies and efficiencies through development of principles, tools and techniques throughout CHPA and the DoP. They have primary day-to-day responsibility for all finance related activities of the foundation in accordance with generally accepted accounting principles.
This Finance Director for the Department of Medicine will be responsible to:
Direct and manage the day-to-day operations of the Dept's finance operations. Supervise Hospital and contract staff in accounting and billing. Establish priorities, review progress, and problem solve.
Collaborate with the finance dept to ensure that needs are recognized, represented, and reflected in changes to the hospital's financial systems. Ensure the timely and accurate transfer of Dept financial data for inclusion in institutional financial statements and reports
Interpret Hospital, Physician's Organization, government, and Financial Accounting Standards Board regulations and issues related to financial management and accounting. Communicate their existence and impact on the dept and foundation management team. Negotiate with Hospital administration, depts, management, and PIs regarding difficult financial issues pertaining to all phases of financial management
Provide a myriad of financial analyses of Dept activities to determine the appropriate level of funding, expenses, overhead, trends, projections, and other needs of the department, to Hospital, Dept, and Foundation senior management
Work with Hospital admin, depts, management, and PIs to identify and resolve problems with systems, procedures, policy, or other financial issues and, where appropriate, develop new systems or other alternatives that result in improved service and/or more cost efficiencies
Support the Foundation's annual independent audit, including preparing the financial statements, supporting schedules, and variance reporting, and assesses and respond to any findings
Develop alternative strategies and solutions to identified control or procedural weaknesses, whether identified via an audit or by departmental reviews
Recommend and set accounting procedures as they relate to grant and contract administration
Require the ability to effectively manage employees within assigned unit/dept and to persuade and negotiate with peer-level directors on issues and programs that impact the department and foundation
To qualify, you must have:
A Bachelor's degree in Business Administration, Accounting or Finance and 8 years of relevant experience is required. CPA is 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
Excellent communication and leadership skills
This is a hybrid/remote role and inhouse 2-3 days a week
Boston Children's Hospital offers competitive compensation and unmatched benefits including flexible schedules, affordable health, vision and dental insurance, child care and student loan subsidies, generous levels of time off, 403(b) Retirement Savings plan, Pension, Tuition and certain License and Certification Reimbursement, cell phone plan discounts and discounted rates on T-passes. Experience the benefits of passion and teamwork.
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.