Manager - Financial Planning & Analytics

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Category: Finance & Accounting
Job Type: Full-Time
Shift: Days
Req: 17173
FTE: 1

Finance & Accounting

1.0 FTE, 8 Hour Day Shift

At Stanford Children’s Health, we know world-renowned care begins with world-class caring. That's why we combine advanced technologies and breakthrough discoveries with family-centered care. It's why we provide our caregivers with continuing education and state-of-the-art facilities, like the newly remodeled Lucile Packard Children's Hospital Stanford. And it's why we need caring, committed people on our team - like you. Join us on our mission to heal humanity, one child and family at a time.

Job Summary

This paragraph summarizes the general nature, level and purpose of the job.

The Manager Financial Planning and Analytics will lead the team responsible for developing, implementing and delivering standardized financial reports, dashboards and presentations to a variety of constituencies. This position will oversee the submission of financial and operational data to external parties (e.g. CHA, Vizient) and will utilize benchmark data to identify areas of operational and financial performance improvement opportunities. Working closely with the CFO, this position will assist the senior leadership team with developing financial KPIs and executing on major initiatives and strategic decisions.

Essential Functions

The essential functions listed are typical examples of work performed by positions in this job classification.  They are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities.  Employees may also perform other duties as assigned.

Employees must abide by all Joint Commission Requirements including but not limited to sensitivity to cultural diversity, patient care, patient rights and ethical treatment, safety and security of physical environments, emergency management, teamwork, respect for others, participation in ongoing education and training, communication and adherence to safety and quality programs, sustaining compliance with National Patient Safety Goals, and licensure and health screenings.

Must perform all duties and responsibilities in accordance with the Service Standards of the Hospital(s).

  • Responsible for the development and integration of innovative, high value-added financial information and analysis supporting strategic planning and decision making. Responsible for the development of the Monthly Operating Review (MOR) showing current state, potential issues or obstacles, and providing opportunities and adjustments to our strategic plans and approach.

  • Develops, implements, and delivers standardized reports, dashboards, executive-level summary reports and presentations to effectively communicate performance to operational leaders and stakeholders

  • Analyze the trends of Key Performance Indicators (KPIs), especially relating to financial metrics such as revenue, expenditures, and profit margin. Monitor KPIs and identify the cause of any unexpected variances

  • Oversee the submission of financial and operational data to third parties (e.g. CHA, Vizient). Establish a routine process for compiling and utilizing benchmark data to identify performance improvement opportunities.

  • Lead and perform a broad range of ad-hoc projects focused on reducing costs, increasing revenue and driving operational efficiencies

  • Review complex financial information and reports to provide accurate and timely financial recommendations to management for decision-making purposes

  • Monitors department efficiency, and implements methods to establish accountability and measure success; revises processes and procedures to reflect contemporary approaches to improve effectiveness.

  • Partners with executive leadership and hospital management on high-impact issues or obstacles assuring we meet our targets. Helps inform decisions based on trends, analysis and ¿what-if¿ outcomes

  • Participates in the development and implementation of operating budgets and management decision making of overall resource requirements (e.g. people, systems, and equipment).

  • Manages and develops the performance and behavior of team through establishing expectations, performance standards, and ongoing coaching/feedback. Mentors, develops, and grows the functions to ensure a high level of customer service.

Minimum Qualifications

Any combination of education and experience that would likely provide the required knowledge, skills and abilities as well as possession of any required licenses or certifications is qualifying.

Education: Bachelors degree in Accounting, Business, Economics, Finance, Healthcare Administration, Mathematics, or another related field.

Experience: Five (5) years of progressively responsible and directly related work experience

License/Certification: None

Knowledge, Skills, and Abilities

These are the observable and measurable attributes and skills required to perform successfully the essential functions of the job and are generally demonstrated through qualifying experience, education, or licensure/certification.

  • Knowledge of finance and accounting principles, including Generally Accepted Accounting Principles

  • Knowledge of business applications and underlying data models

  • Knowledge of budgeting and planning tools (EPSi, Hyperion)

  • Proficient in third-party healthcare reimbursement (e.g. government and commercial payors)

  • Ability to prepare financial reports with a high level of accuracy and insight.

  • Ability to analyze financial data, reach valid conclusions, and make sound recommendations.

  • Ability to perform responsibilities as assigned and proactively identify additional steps to enhance analytics and work product

  • Ability to communicate clearly and manage a team of high-performing analysts

  • Ability to solve complex problems

  • Ability to improve processes and achieve deadlines

  • Ability to establish and maintain effective working relationships inside the department and externally

  • Analytical, problem-solving, and effective communication

  • Experience and poised when communicating with senior management (e.g. C-Suite)

  • Advanced Microsoft Excel skills with focus on financial analysis and modelling

  • Skilled in creating financial models for ad-hoc reporting and working with large volumes of data

  • Excellent verbal and written communication skills

 

 Physical Requirements and Working Conditions

 

The Physical Requirements and Working Conditions in which the job is typically performed are available from the Occupational Health Department. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. 

Pay Range

Compensation is based on the level and requirements of the role.

Salary within our ranges may also be determined by your education, experience, knowledge, skills, location, and abilities, as required by the role, as well as internal equity and alignment with market data.

Typically, new team members join at the minimum to mid salary range.

Minimum to Midpoint Range (1.0 FTE): $137,592.00 to $182,447.20

Equal Opportunity Employer

Lucile Packard Children’s Hospital Stanford strongly values diversity and is committed to equal opportunity and non-discrimination in all of its policies and practices, including the area of employment. Accordingly, LPCH does not discriminate against any person on the basis of race, color, sex, sexual orientation or gender identity, religion, age, national or ethnic origin, political beliefs, marital status, medical condition, genetic information, veteran status, or disability, or the perception of any of the above. People of all genders, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply. Qualified applicants with criminal convictions will be considered after an individualized assessment of the conviction and the job requirements, and where applicable, in compliance with the San Francisco Fair Chance Ordinance.