Director, Operational Finance

Company: Methodist Health System, Inc.
Location: Richardson
Posted on: November 14, 2023

Job Description:

Director, Operational Finance page is loaded Director, Operational Finance Apply locations Richardson, Texas time type Full time posted on Posted 4 Days Ago job requisition id JR1000012578 Hours of Work :40Days Of Week :M-FWork Shift :Job Description :Responsibilities:

• Work with the CFO in the analysis of organizational financial issues, including reimbursement and pro-forma analyses
• Assist the CFO in ensuring MMG meets necessary financial regulatory and compliance requirements.
• Work with all levels of leadership including the CFO and Director, Finance in managing the budget process.
• Oversee the creation, management, and analysis of budgets, financial forecasts, and performance metrics to support effective decision-making.
• Provide financial expertise in the planning of new services that generate additional sources of profitable revenue.
• Analyze and interpret data and develop reports for executive management reflecting internal economic conditions and trends.
• Suggest improvements in operations throughout the organization by seeking data that will identify opportunities and takes action to eliminate non value-added costs.
• Prepare, review and publish the monthly and annual financial statements. Analyze and prepare report on budget variances.
• Assist with analysis and preparation of projections, updated P&L's, ROI's, budget, and growth plans as needed
• Gathers, analyzes and reports essential regional operating financial information as requested by various stakeholders including the C-Suite, Accounting and Finance Team and Operations Directors.
• Conduct financial analysis and cost evaluations to identify opportunities for cost reduction, efficiency improvement, and revenue enhancement.Qualifications:
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field; Master's degree preferred.
  • Minimum of 3 years of progressive experience in financial leadership roles within the healthcare industry.
  • Strong understanding of healthcare financial operations, revenue cycle management, and reimbursement methodologies.
  • Proficiency in financial analysis, budgeting, and forecasting, with a keen eye for detail and accuracy.
  • Exceptional leadership, communication, and interpersonal skills, with the ability to collaborate effectively across multidisciplinary teams.
  • Proven ability to drive process improvement initiatives and adapt to changing industry landscapes.Methodist Medical Group is the North Texas physician organization affiliated with Methodist Health System. Established to meet the healthcare needs of North Texas communities, our fast-growing network of providers includes more than 50 healthcare clinics, two concierge medicine clinics, an urgent care clinic, and a virtual care platform known as MethodistNOW. Methodist Medical Group employees enjoy not only competitive salaries but also the outstanding benefits package of Methodist Health System, which includes medical, dental, and vision insurance; a matched retirement plan; an employee wellness program; and more. The opportunities for career growth are equally generous. Our affiliation means being part of an award-winning workplace:
    • A Best Place to Work 15 years straight by the Dallas Business Journal
    • 150 Great Places to Work in Healthcare nine years in a row by Becker's Hospital Review
    • Magnet - designations for Methodist Dallas, Methodist Charlton, Methodist Mansfield, and Methodist Richardson Medical Centers
    • One of three 2019 Top Healthcare Diversity Organizations in the U.S.
    • Military Friendly Employer, Silver DesignationOur Care Commitments
      • Take Care of Patients
      • Take Care of Each Other
      • Take Care of Ourselves
      • Take Care of Methodist About Us Methodist Health System -is a highly revered, leading nonprofit healthcare organization in Dallas, Texas. Named one of the fastest-growing health systems in America by Modern Healthcare, Methodist includes 13 hospitals, either through ownership or affiliation. Our wholly owned and full-service hospitals include Methodist Dallas, Methodist Charlton, Methodist Mansfield, Methodist Midlothian, and Methodist Richardson Medical Centers; Methodist Richardson - Campus for Continuing Care; and, our newest, Methodist Southlake Medical Center. -Our affiliated physician organization is Methodist Medical Group, which includes more than 50 healthcare clinics, two concierge medicine clinics, an urgent care clinic, and a virtual care platform known as MethodistNOW. Our reputation as an award-winning employer shows in the honors we've earned:
        • Magnet - designations for Methodist Dallas, Methodist Charlton, Methodist Mansfield, and Methodist Richardson
        • Top 10 Military Friendly - Employer, Gold Designation, 2023
        • Top 10 Military Spouse Friendly - Employer, 2023
        • 150 Top Places to Work in Healthcare by Becker's Hospital Review, 2022
        • Named on Forbes' list of America's Best Employers for Diversity, 2022
        • One of three Top Healthcare Diversity Organizations in the U.S., 2019
        • Ranked No. 2 on DiversityInc's List of Top Hospitals and Health Systems in America, 2018Our Care Commitments
          • Take Care of Patients
          • Take Care of Each Other
          • Take Care of Ourselves
          • Take Care of Methodist
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Keywords: Methodist Health System, Inc., Richardson , Director, Operational Finance, Executive , Richardson, Texas