Director Budget & Financial Planning

Location
Silver Spring, Maryland-Silver Spring
Posted
Aug 14, 2021
Closes
Sep 18, 2021
Ref
210002IC
Function
Executive, Director
Industry
Healthcare
Hours
Full Time
To lead and maintain an organized and effective annual budgeting process in support of CNH mission and values. Provide leadership and direction to the long-term financial planning, project feasibility, financial analysis and decision support functions in order to establish and maintain comprehensive programs and services that meet the demands of the healthcare industry and fulfill the vision and mission of CNH in an organized, efficient, innovative and cost-effective manner.

Qualifications

Minimum Education
Bachelor's Degree Business, Accounting or Finance, CPA Preferred (Required)
Master's Degree Business, Accounting or Finance (Preferred)

Minimum Work Experience
10 years Developing and managing financial decision making in a healthcare or academic organization (Required)

Required Skills/Knowledge
Must be able to manage, motivate and maintain productivity of a team.
Must possess strong analytical skills, excellent attention to detail, complete reliability and intuitive understanding of mathematical/statistical relationships and trends.
Must have proven organizational skills, ability to plan time effectively, balance multiple assignments, and meet deadlines.
Must be proficient in the use of technology including advanced skill in spreadsheet analysis and other Office tools including Power Point.
Must have strong communication skills both written and oral. Must have excellent customer service skills.
Must show maturity, good judgment, trustworthiness and discretion in dealing with sensitive and confidential information.

Functional Accountabilities
Financial Planning
  • Provide analytical support necessary to evaluate current and proposed CNH projects and operations in accordance with strategic direction of the system.
  • Provide and ensure the timeliness and accuracy of all data associated with decision support systems to further enhance the analysis of operational, strategic, and financial growth of CNH.
  • Participate in the development, planning and evaluation of new and existing programs and services through strategic and operational business planning process.
  • Responsible for the development of the Long Range Financial Plan (LRFP)
  • Administer rolling forecast in conjunction with LRFP and annual budgets.
  • Maintain and guide the long term financial plan process.
Budget
  • Leads the annual operating and capital budget development and implementation process. Includes coordinating all responsible parties, provide training to appropriate management staff, prepare budget package, analysis and challenge budget submission, provide analytical and supporting reports an ensure overall integrity of the process and output.
  • Lead the development of financial targets utilized in the budget process. Monitors progress towards achievement of targets and communicates status (and problem areas) throughout the budget process as well as during the fiscal year.
  • Responsible for assuring that data maintained in the budget system is consistent with that in other financial systems.
  • Monitor compliance with budget throughout the year. Assists Accounting department and Operating departments in investigating and understanding variances, and recommends possible corrective actions.
Reporting/Compliance
  • Administer and implement monthly financial management reporting that will allow access to information on an ongoing basis to others in Finance and Leadership roles.
  • Develop, maintain and enforce a policy to manage capital budget process.
  • Ensures compliance of all responsible areas with internal policies and procedures, and all regulatory agency requirement and standards affecting operations.
Leadership
  • Manage employee performance and encourage professional development by supporting participation in educational programs and professional organizations and activities to support leading-edge performance.

Organizational Accountabilities
Organizational Accountabilities (Staff)
Organizational Commitment/Identification

Teamwork/Communication
Performance Improvement/Problem-solving
Cost Management/Financial Responsibility
Safety

Childrens National Hospital is an equal opportunity employer that evaluates qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender, identity, or other characteristics protected by law.

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