Director Of Budget

Frederick Health Hospital, Inc.
Frederick, MD
Oct 15, 2020
Oct 30, 2020
Full Time
Frederick Health is seeking a Director of Budget. The person selected for this position will direct the preparation of annual budgets, including operating, capital and cash. Coordinate all activities of this preparation in coordination with Finance leadership. Collaborate and provide training to all department managers prior, during and after budget preparation to obtain an optimal budget plan and approved budget spread. Provide monthly monitoring and analysis for performance to budgeted volume and expense levels. Work with respective VPs and/or financial representatives to investigate variances. Provide biweekly productivity reporting to the organization. Update productivity measures annually in coordination with bench marking consultant and department managers. Monitor productivity trends and report impact to financial performance on a monthly basis. Provide labor analytics at financial close meetings to gauge volume and rate components of labor variance. Work with Supply Chain to analyze supply spend and utilization on a per unit basis. Provide trend information to key stakeholders on a monthly basis. Respond to any external inquires (including audits) which are raised by these external agencies. Evaluate Budget staff according to hospital polices and procedures. Conducts disciplinary actions as needed in accordance with personnel guidelines. Interviews applicants and initiates employment. Prepare ad hoc cost and feasibility analysis for new or existing services when requested. Direct preparation and maintenance of all Budget related procedures. When appropriate these policies and procedures will be coordinated with other Finance Division department policies and procedures. This position requires: A Bachelors degree in accounting or business. Eight years of hospital or health care experience, with supervisory experience. Maryland hospital experience is optimal. CPA and/or MBA preferred. Advanced proficiency and accuracy in the use of software programs such as MS Word, Excel, PowerPoint, Access and Outlook. Excellent communication skills, both verbal and written; Strong organizational skills and ability to prioritize and manage multiple tasks; Ability to work professionally with a diverse population base; Ability to maintain a high level of confidentiality; Ability to analyze and solve problems. Experience Required 8 year(s): Hospital or healthcare budget experience with supervisory experience. Education Required Bachelors or better in Business Administration or related field Bachelors or better in Finance or related field Bachelors or better in Accounting or related field