Finance & Accounting

1.0 FTE, Days

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

Under general direction, the lead financial specialist provides a wide range of financial and decision support information and support in a timely and accurate manner to service line managers, senior management, operating department managers, physicians, operations improvement task forces and others. Works independently to perform financial feasibility studies of programs and services, to evaluate operating and capital budget requests, to develop comprehensive business plans, to determine cost, revenue and outcomes impacts of alternative treatment practices and to develop decision making tools for administration. Serves as a mentor to less senior staff members.

Essential Functions:

• Advises, counsels and trains staff in assigned areas in budget procedures and processes
• Assists department managers with cost standard development and validates results
• Develops and analyzes comprehensive business plans. Evaluates new programs and services. Identifies opportunities for development of new business, growth of current business and performs feasibility studies and business planning
• Develops and produces reports to monitor business plan performance and evaluates the results of such; develops and produces adhoc analysis and reports on an as needed basis
• Develops financial decision-making tools for administration
• Participates in the maintenance of long range financial plans and integrates assumptions from long range planning with budgets
• Performs variance analysis for assigned cost centers/service lines
• Produces standard performance reports for assigned areas with information about trends in volume, payor mix, cost and profitability
• Provides fiscal support to administrators, department managers and service line managers. Assists managers in understanding variance and other financial reports distributed by the Department of Finance
• Responsible for a group of assigned budgets by administrator/service lines. Develops operational budgets in conjunction with department managers
• Reviews and interprets benchmarking data results

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: Bachelor's degree in a work-related discipline/field from an accredited college or university

Experience: Eight (8) years of progressively responsible and directly related work experience

Knowledge, Skills, and Abilities:

• Ability to analyze and develop solutions to complex problems
• Ability to analyze information, reach valid conclusions and make sound recommendation
• Ability to apply sound independent judgment in the solution of complex financial problems
• Ability to communicate complex concepts in simple form to non-finance users to understand the appropriate use and limits of the information provided
• Ability to evaluate business operations to compute affect to budget and funding expenditures
• Ability to manage, organize, prioritize, multi-task and adapt to changing priorities
• Ability to model financial information and forecast data to arrive at conclusions
• Ability to work effectively both as a team player and leader
• Ability to work independently to determine methods and procedures on new or special assignments
• Knowledge of computer systems and software used in functional area
• Knowledge of decision support system and/or Kaufman Hall financial applications
• Knowledge of financial forecasting techniques
• Knowledge of local, state and federal regulatory requirement related to the functional area
• Knowledge of principles and practices of budgeting and finance including the analysis and reporting of financial data

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.