Finance Business Partner Manager - Hybrid
POSITION DESCRIPTION :
The Manager - Finance Business Partner Groups is responsible for oversight of the Senior Financial Analysts for the physician practice operational divisions which could include Primary Care, Other Specialty Care Practices and / or CVSL and HemOnc.
Manager will be responsible for developing, interpreting and implementing complex financial and accounting concepts or techniques to support financial planning and control as well as providing financial business development, analytical services and recommendations that influence sound business decisions, enable delivery of business objectives and guide long-term business planning choices within assigned IHA sites, divisions or at the organizational level.
ESSENTIAL JOB FUNCTIONS :
Leadership and Management Responsibilities Manages assigned staff hiring, training, supervision, evaluation, disciplining and terminations;
Ensures that policy is followed, procedures are updated and supports Finance training efforts for the organization.
- Manages the work of assigned staff including the monitoring of staff competencies, hiring of new staff, orientation of new assignments, developing goals and objectives, conducting annual performance appraisal and the utilization of performance resolution process when needed.
- Reviews annual staff satisfaction reports with Director, Finance & Budget; develops, implements and monitors ongoing improvement plans.
- Ensures the effective onboarding of new team members by implementing an orientation and training program for all new staff;
ensures successful integration into the finance team.
- Supports IHA leadership training regarding IHA’s financials, ensures understanding of key financial metrics to support the office / department ability to maintain sound financial viability and understanding of budgets.
- Manages finance team and department functions in a way that builds and leverages teamwork and cooperation; inspires a shared sense of mission and achievement among team members.
- Promotes educational opportunities for staff; develops future leadership within the Finance team.
Additional Responsibilities :
- Interfaces primarily with any combination of the following : Finance team, Business Services, Practice Managers, Divisional Directors, Physicians, and Executive Leadership, acting as a strategic partner in defining and supporting strategy formulation and execution.
- Provides finance and accounting expertise through effective financial planning, analysis and measurement versus objectives, along with providing insight into accounting processes and expertise with compliance matters.
- Utilizes technical expertise in data mining and extraction using a variety of software tools; performs complex analysis of information obtained.
- Prepares and monitors complex budgets and financial reports, performing complex project research and analysis; conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control or action.
- Provides interpretation of financial policies, governmental legislation, accounting theory or customer financial regulations as needed to support financial business development.
- Analyzes financial information to determine present and future financial performance.
- Evaluates complex profit plans, operating records and financial statements; identifies trends, provides recommendations for areas of opportunity;
identifies successful strategies.
- Prepares studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections and business forecasts.
- Performs other duties as assigned.
ORGANIZATIONAL EXPECTATIONS :
- Creates a positive, professional, service-oriented work environment by supporting the IHA CARES mission and core values statement.
- Must be able to work effectively as a member of the finance team.
- Successfully completes IHA’s The Customer training and adheres to IHA’s standard of promptly providing a high level of service and respect to internal or external customers.
- Maintains knowledge of and complies with IHA standards, policies and procedures, including IHA’s Employee Handbook.
- Maintains knowledge of department services and in the use of all relevant office equipment, computer, and manual systems.
- Maintains strict confidentiality in compliance with IHA guidelines.
- Serves as a role model, by demonstrating exceptional ability and willingness to take on new and additional responsibilities.
Embraces new ideas and respects cultural differences.
- Uses resources efficiently.
- Responsible for ongoing professional development maintains appropriate licensure / certification and continuing education credentials, participates in available learning opportunities.
MEASURED BY :
Performance that meets or exceeds IHA CARES Values expectation as outlined in IHA Performance Review document, relative to position.
ESSENTIAL QUALIFICATIONS :
EDUCATION : Bachelor’s degree in Accounting or Finance; Master’s Degree is preferred
CREDENTIALS / LICENSURE : CPA is preferred
MINIMUM EXPERIENCE : Three (3) years’ financial analysis experience; experience in a health care organization is preferred
POSITION REQUIREMENTS (ABILITIES & SKILLS) :
Thorough knowledge of finance and accounting principles, including Generally Accepted Accounting Principles (GAAP), Cost Accounting, and other general finance and business principles;
understands organizational policies related to position responsibilities.
- Ability to interpret and apply corporate financial policies, government legislation, and accounting theory.
- Ability to serve as a catalyst in driving initiatives forward critical to achieving strategic objectives.
- Proficient / knowledgeable in accounting and finance terminology.
- Ability to oversee monthly financial close including writing and posting journal entries, maintenance of account analysis schedules and account reconciliation.
- Ability to perform mathematical calculations, often with a moderate to high level of complexity, during the course of performing basic job duties.
- Proficient in operating a standard desktop and Windows-based computer system, including but not limited to, accounting systems, email, e-learning, intranet, Microsoft Word and Excel, and computer navigation.
Ability to use other software as required while performing the essential functions of the job.
- Excellent communication skills in both written and verbal forms, including proper phone etiquette. Ability to speak before groups of people.
- Ability to work collaboratively in a team-oriented environment; courteous and friendly demeanor.
- Ability to work effectively with various levels of organizational members and diverse populations including IHA staff, providers, vendors, external customers and others as necessary.
- Ability to cross-train in other areas of Finance in order to achieve smooth flow of all operations.
- Good organizational and time management skills to effectively juggle multiple priorities and time constraints.
- Ability to exercise sound judgment and problem-solving skills, specifically as it relates to resolving issues regarding physician compensation calculations.
- Ability to handle payroll, accounting and organizational information in a confidential manner.
- Successful completion of IHA competency-based program within introductory and training period.
- Ability to travel to other office / practice sites and meeting and training locations.