Director, Finance Position Summary

Responsible for managing large functional team(s) in the creation, execution and refinement of financial analyses, business processes, accounting, reporting, reimbursement and other finance and accounting related activities.  

Essential Functions

• Serve as a finance business partner to executive leadership on a regular basis.

• Responsible for financial oversight of complex financial functions and processes including support to multiple business units.

• Assure team supports business planning processes, the development of annual operating and capital budgets, accounting related business processes, financial reporting, decision support and cost accounting, regulatory filing or other similar finance and accounting related activities.

• Assure team provides internal and external customers with accurate and timely data to support strategic decision making and compliance.

• Responsible for managing all team members in one or more functional areas.

• Responsible for the achievement of team critical success factors, which include anticipating and meeting customer requirements, accuracy and high quality of work product and achievement of cost effective results.

• Responsible for development of a highly effective and flexible team.

• Responsible for continuously improving internal processes and seeking and implementing, with team members, innovative ways to improve quality and reduce cost.

• Develops team members into highly effective and flexible team which is able to meet customer needs with accuracy and a high quality level of work product.

• Provide accurate internal and external financial accounting and reporting.

• Establishes policies and procedures, standards and objectives in coordination with the vision and goals of Orlando Health.

• Responsible for the fiscal management of all operating budgets in assigned areas, while monitoring and promoting cost-effectiveness for the organization.

• Manages various human resource functions including hiring, work assignments, coaching plans and performance counseling.

• Maintains reasonably regular, punctual attendance consistent with Orlando Health policies, the ADA, FMLA and other federal, state and local standards.

• Maintains compliance with all Orlando Health policies and procedures.

Specialization In Strategic and Financial Planning

• Complete responsibility for managing a department, including the preparation of annual budgets achieving budget, and compliance with all policies associated with the department.

• Oversee the development and preparation of financial and statistical reports to support leadership in business development, strategic planning and financial performance review.

• Responsible for developing and maintaining reporting to evaluate financial performance compared to key performance indicators.

• Develop and interpret reports to assist leadership with evaluation of trends and/or changes in business practice.

• Oversee the development and preparation of predictive models to assist management with the evaluation of changing regulatory and market forces.

• Responsible for long term plan, annual budget and forecast development, including the gathering of necessary data, development of supporting models, collaborating with internal partners to determine assumptions and establish key benchmarks.

• Responsible for development of monthly, quarterly and ad-hoc forecasts to provide direction and insight for decision making.

• Collect, analyze and present financial information to assist leadership in identifying risks and opportunities.

• Build and maintain strong relationships throughout the organization, community and within the field of healthcare.

• Provide direction and perspective on strategic business decisions.

• Remain current on industry trends, key competitors and other market forces.

• Champion best practices and assess process improvement opportunities that drive improved efficiency and productivity.

• Assist with and oversee initiatives to improve planning processes and to support strategic development with timely analysis of data.

• Collaborate with corporate accounting and leadership to identify challenges and priorities.

• Oversee financial modeling, analysis and valuation of new service lines and businesses.

Specialization In Accounting

• Oversee identifying, developing and maintaining accounting journal entries in the assigned area.

• Responsible for maintaining an understanding of current GAAP in the assigned area.

• Responsible for maintaining assigned accounting related systems such as general ledger, fixed assets, and other applications, and related upgrade implementation planning, testing, troubleshooting, and problem resolution.

• Assure assigned staff develop and maintain relationships with internal and external individuals and firms that are the sources of necessary information used for in the preparation accounting entries in the assigned areas.

• Manage the work of assigned accounting and financial analyst staff to assure accurate and timely accounting and reporting.

• Oversee the preparation of annual cost reports, AHCA, and other regulatory filings.

• Assure the development and maintenance of adequate internal controls over financial reporting and protection of assets in the assigned areas.

• Monitor records retention for all departmental records, producing as needed for auditors.

• Oversee the management of the external audit process, assuring accurate and timely provision of requested items to the auditors.

Specialization In Reimbursement

• Provide ongoing financial oversight in reimbursement.

• Oversee coordination of the completion of all time studies, rotation schedules, bad debt logs, and concurrent nursery logs throughout the fiscal year that are used to complete the annual cost reports.

• Responsible for completion of monthly close schedules and accounting journal entries, ensuring proper statement of contractual adjustments and third party receivables and payables.

• Oversee completion of monthly managed care and other payers close schedules and journal entries including allowances and reserves to properly state patient accounts receivable

• Assure timely completion of reports for the annual financial statements external audit.

• Oversee and coordinate information gathering for the cost report audits.

• Maintain knowledge of general ledger system, and such support systems as necessary to insure smooth flow of information to users.

• Monitor records retention for all departmental records, producing as needed for auditors.

Specialization in Foundation

• Supervises the implementation of Board policy relating to the custody, investment and financial management of the Foundation’s assets.

• Responsible for management of information technology functions to accomplish finance and development reporting requirements.

• Responsible for assessing and maintaining compliance with applicable federal and state laws related to charitable giving, all related programs and grant monies received from Federal and State agencies.

• Oversees the completion of all Foundation audit activities including responsibility over the A-133 grants audit. Supervises Finance, Gifts Processing, Gift Receipting and Acknowledgment in the completion of their responsibilities.

• Assists in leading efforts related to other finance and accounting needs in all areas, including specialized Board and consolidated financial reporting, grants administration fundraising performance reporting and the Howard Phillips Center.

• Responsible for financial management of Greater Orlando Children’s Miracle Network.

• Directs the overall accounting, budgeting, tax compliance, and audit functions of the Foundation, including the Howard Phillips Center.

• Oversees the financial and development system controls and practices to ensure timely financial and statistical reports to Board of Directors, Foundation President, Executive Directors, Hospital Presidents and CFOs, program personnel, and others.

• Assumes primary responsibility for planning the Foundation’s annual operating and capital budgets and assists with those department budgets under the direction of Foundation President and Orlando Health CFO and Corporate Director Financial Planning.

• Represents the Foundation in regard to financial matters within Orlando Health.

• Serves as the Foundation accounting liaison with Board of Directors, Orlando Health leadership, CFO, Hospital Presidents and CFOs, Office of Grants Management and Foundation Board of Directors in all matters related to finance and accounting.

Other Related Functions

• Chairs or leads meetings.

• Possesses effective communication and interpersonal skills.  Required to effectively communicate complex financial models to a wide variety of audiences through verbal and written presentations.

• Assumes the responsibility for professional development and continuing education.

• Completes all mandatory education.

• Ability to manage large projects and oversee leadership of cross-functional teams.

Education, Experience and Skills Required

• Master’s degree in Finance, Business Administration, Accounting or related field.  A Bachelor’s degree in Finance, Business Administration, Accounting or related field and five (5) years of directly related work experience may substitute for the Master’s degree (in addition to the requirements listed in the Experience section).

• Prior attainment of CPA may substitute for the Master’s degree requirement.

• Five (5) years of experience in finance management, public accounting management or consulting, to include at least five (5) years managing employees.

• Computer experience required with an emphasis on finance related IT systems management (General Ledger, Accounts Payable, Fund Accounting, Budget, Purchasing card, Cost Accounting, etc.), spreadsheet and/or database programs.