Director Budget and Financial Planning Analysis

Job Title

This job is responsible for oversight of the budget and financial operations of Allegheny Health Network within the company. Appraises operating results in terms of costs, budgets, operational policies, trends, and increased profit opportunities. Partners with leaders throughout the organization to drive achievement of current year and multi-year financial commitments.

Essential Responsibilities

• Perform management responsibilities to include, but are not limited to: involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity.
• Directs the annual and three-year planning efforts for AHN, which includes working with Hospital CFOs, Physician Organization, corporate SVP+ leaders and their staff to understand the current projected financial performance, risks and opportunities across the full composition of the AHN Network's portfolio of companies. This includes development of materials and participation in presentation to the senior leadership of the AHN and Highmark Health Enterprise.
• Owns operating expense annual budgeting process by partnering with functional leaders to identify ways to achieve targets while guiding and providing feedback to managers & analysts during the budgeting process. Ensures that the operational budget process is completed in an efficient, accurate, and timely manner. Leads the operating expense oversight, including maintenance of budget development processes, education, and assessment of operating effectiveness with respect to current and multi-year financial performance targets.
• Support the financial closing process through the analysis of ongoing operating costs including the analysis and distribution of operating costs at the organizational and account levels. Own the development of and maintains monthly variance analysis and other financial report processes to ensure appropriate rigor and documentation.
• Plans, organizes, staffs, directs and controls the day-to-day operations of the department; develops and implements policies and programs as necessary; may have budgetary responsibility and authority.
• Reviews and offers recommendations on purchases and commitment of funds, including capital expenditures, corporate projects, and staff additions. Supports the procurement process utilizing cost/benefit analyses and provides additional information to senior management for their approval of in-budget or out-of-budget expenditures consistent with corporate policy. Also supports the outcomes of workforce planning and responsible for integration of FTE changes into the financial planning and budgeting processes and reports.
• Responsible for development, maintenance and control of systems applications utilized for budget development and actual vs. budget reporting. This also includes the development, maintenance and control of the financial planning systems in order to standardize reports, set / track targets, and solve issues. Ensure analysis and reconciliation of financial planning system data, while building / maintaining a reporting center of excellence (COE) leveraging McKesson, Strata, PowerBi and other tools. Expand support for business unit leaders to educate, standardize, reconcile and solve issues in submitting data to the financial planning system and extracting / standardizing reports
• Other duties as assigned or requested.

Education

Required

• Bachelor's degree in finance, accounting, or a related field, or relevant experience and/or education as determined by the company in lieu of bachelor's degree.

Preferred

• Master's degree in management, Business, accounting or finance or a related field.

Experience

Required

• 7 years of progressive management experience in finance or accounting

Preferred

• None

Skills

• Ability to analyze financial results and to comprehend complex rating structures impacting financial results and used for financial forecasting
• Effectively interact with all levels of management, which includes strong written and verbal communication skills and the
• Ability to concisely explain financial principles and practices
• Must be detail-oriented and possess strong organizational and analytical skills
• Ability to work in a matrixed organization/environment

Licenses or Certifications

Required

• None

Preferred

• None

Language (Other than English):

None

Travel Requirement:

0% - 25%

Physical, Mental Demands and Working Conditions

Position Type

Office-based

Teaches / trains others regularly

Frequently

Travel regularly from the office to various work sites or from site-to-site

Rarely

Works primarily out-of-the office selling products/services (sales employees)

Never

Physical work site required

Yes

Lifting: up to 10 pounds

Constantly

Lifting: 10 to 25 pounds

Occasionally

Lifting: 25 to 50 pounds

Rarely