Area Finance Officer I Vallejo, CA
In collaboration with the Area Manager and Chief Operating Officer, drives the financial and operational performance of the Area. Serves as the local representative of Regional Finance, ensuring a consistent approach to managing performance.Oversees the development of short and long range financial plans, performance improvement plans, budgets, capital plans and business plan for the Area. The Area Finance Officer (AFO) is also accountable for maintaining the integrity of overall Area fiscal operations, including adherence to region-wide policies and procedures, Sarbanes-Oxley, revenue collection, patient billing, admitting, and Health Information Management. The AFO acts as the Chief Financial Officer for the Area, and serves as the liaison between the Area and regional services for fiscal operations. Establishes and maintains strong working relationships with Regional Senior leadership and TPMG.
Essential Functions:
- Responsible for driving performance, in collaboration with the Area Manager, and Chief Operating Officer.
- Establishes and manages the process for improving performance reviewing performance against plan, identifying performance drivers and improvement opportunities.
- Partners with other AFOs and Regional Finance to develop recommended approaches that drive consistency and standardization across the Region.
- Drives the standardization of financial and planning processes.
- Responsible for consistent practices among Areas, and coordinating activities between the Area and Regional Finance.
- Ensures that issues associated with Region versus Area responsibilities are surfaced and resolved.
- Collaborates with financial counterparts in the medical group.
- Responsible for maintaining a collaborative relationship between finance personnel in the Area and the medical group.
- Champions regional initiatives and drives local implementation of initiatives (e.g., DHMO, KP HealthConnect, cost center standardization and UCOA).
- Coordinates and provides oversight to Shared Services activities including IT, materials management, Payroll and Accounts Payable.
- Responsible for the development of annual and multi-year forecasts of Area revenue and expense.
- Develops overhead allocation in conjunction with regional departments.
- Partners with the Area Manager and Senior Leadership to develop and implement financial plans and budgets, including medical services and capacity planning.
- Responsible for cost management methodology and capital requirements.
- Directs the analysis and oversight of performance to operational budgets including benchmarking and opportunity analysis and ensures day to day cost performance.
- Prepares reports and analyses relating to membership, revenues, expenses, and utilization.
- Directs the design and implementation of data collection and reporting systems.
- Provides direction to Area Manager and Area finance team on appropriate financial policies and procedures.
- Works with Regional Finance to develop standardized approaches related to key processes including budgeting, forecasting, reporting, and capital planning.
- Identifies opportunities to eliminate rework and redundancies between the Areas and Region.
- Responsible for the development of a long-range capital plan and business plan addressing market trends and area needs.
- Partners with Senior Leadership and TPMG in addressing Area operational and service delivery needs.
- Assume other duties as directed.
Qualifications:
Basic Qualifications
- Extensive experience, (ten (10) plus years), in finance management and strategic planning in a multi-faceted health care system and multi-service provider setting required.
- Third party billing and health information management experience desired.
- Bachelor's degree in Business Administration, Economics, Finance, Health Care Administration, Operations Research, Public Health Administration, or other related field.
- Master's degree or CPA strongly preferred.
- Thorough knowledge of federal and state regulatory accounting and reporting regulations, GAAP, cost management techniques, financial analysis, and budgets required.
- Demonstrated expertise as a financial and strategic leader with excellent problem-solving skills.
- Proven capability to motivate change and galvanize action.
- Proven ability to balance execution of a strategic vision with a willingness to dive into details and consistent results-orientation.
- Demonstrated leadership capabilities including excellent interpersonal skills (negotiation, listening, and communication).
- Willingness to challenge the 'status quo'.
- Demonstrated political savvy and open collaborative leadership style that promotes teamwork and partnership.
Submit Now Click here for additonal requirements