Key Responsibilities
Lead the Finance Center of Excellence (CoE) to identify, design, and implement process improvements and use of Key Performance Indicators (KPI’s) to analyze and ensure adherence to defined standardsIdentify, evaluate, and oversee the deployment of best business processes organizationally, by working with Finance process owners and other key cross-functional leadersContinuously research and stay updated on the latest trends and best practices within their focused area. Disseminate knowledge through training programs, documentation, and workshops to educate others across the organization. Define and maintain consistent standards and guidelines for processes, procedures, and quality within their domain. Provide expert advice and guidance to teams facing challenges related to their area of responsibility. Directly supervise CoE Team members in providing support for key responsibilitiesAccountabilities to support Ancillary Services
Supports the planning for a sustainable mission advancing future for Ancillary Services to ensure efficient and effective use of Clinician and Staffing resources - people and capital - in alignment with system strategic focus areas and goals.
Partners to establish system Ancillary Services business approach to include, but not be limited to, standards for planning, productivity, capital planning, talent acquisition targets, regulatory and legal impacting Ancillary Services financial plan.
Performs regular financial analysis, with financial business partners, including establishing targets, forecasting, and trending productivity goals for each fiscal year, and forecasting.
Recognizes and recommends solutions for abnormal patterns in revenue recognition, non-labor expense, and staffing levels including, but not limited to, flexing to demand to avoid ongoing issues, and manages, explains, and identifies methods to control plan variances.
Gains insights from identified variances to identify emerging standards and informs methods to address including evaluating staffing models, adjusting targets, and updating comparators.
Provides and/or coordinates educational and in-service programs that are related to financial and planning functions/projects, and relevant Ancillary Services leadership and finance business partner business knowledge development.
Partners with Ancillary Services Leadership, human resources, talent acquisition, labor management and other colleagues when needed for relevant business and workforce data, information and development including, but not limited to, providing informed insights as workloads, care delivery and workforce shifts over time.
Directly supervises Ancillary Services Business Partner Team to include individual development
Work Experience:
5 or more years of demonstrated experience in providing highly strategic and innovative financial leadership in a healthcare organization. Ability to challenge, negotiate and influence key senior executives. Demonstrated ability to tie financial models to strategic initiatives.
Education Qualifications:
Bachelor’s degree in finance, accounting or business administration required. MBA and or MHA preferred.
Licensure/Certification Qualifications:
CPA Preferred CHFP Preferred Licensure/Certification Qualifications:CPA Preferred
CHFP Preferred
FTE:1Possible Remote/Hybrid Option:
RemoteShift Rotation:Day Rotation (United States of America)Shift Start Time:Shift End Time:Weekends:Holidays:NoCall Obligation:NoUnion:Union Posting Deadline:Compensation Range:
$101,628.80 - $152,443.20Employee Benefits at Essentia Health*:
Health Coverage: Medical, dental, vision, life and disability insurance, plus supplemental health benefit options to ensure employees' well-being.
Retirement Savings Plans: 401(k) with employer contributions to support long-term financial security.
Professional Development: Opportunities for career growth through training, tuition reimbursement, and educational programs.
Work-Life Balance: Flexible scheduling, time off, holidays, and personal leave to help employees manage their professional and personal lives.
Employee Wellness Programs: Initiatives focused on physical, mental, and emotional health, including fitness memberships, counseling services, and wellness activities.
*Eligibility for Essentia Health’s benefit programs vary. Please refer to the benefit summary provided to you, or contact our HR Service Center at (218) 576-0000 for more information.