Job Description

Job Description

Job Responsibilities:

The Executive Director of Finance oversees Johns Hopkins Bayview Medical Center (“JHBMC”) financial operations under the direction of the JHBMC Vice President of Finance/CFO. This position will provide strategic leadership and direction for all financial aspects within the functional area, and will provide senior management with financial reports and overall financial management necessary for the fiscally prudent operation of each area. The position will be an integral part of the management of the functional area and will ensure development of a strong finance team through the mentoring of key individuals within the department.

Role Accountabilities Include

• Development and review of the functional area(s)’ finance staff
• Partner with operational leaders to assess, analyze and help manage operating and capital budgets. Opine on business plans, particularly on the revenue assumptions and bottom line impact of regulated services under GBR.
• Provide financial guidance and consultation to senior management and key stakeholders
• Annual operating and capital budgets
• Financial analysis of actual and budgeted performance
• Providing monthly accruals and budget variance explanations to General Accounting
• Assist with production and maintenance of the monthly financial statements and reports
• Assist with revenue reconciliation, billing, and charge entry
• Research project administration and accounting (including grant submissions, effort reporting, and cost transfers)
• Partner with key stakeholders across the Johns Hopkins Health System to achieve strategic and operational objectives
• Responsible for using a data driven approach to assess new opportunities in the context of market demand and financial/resource investment feasibility
• Program/product development analysis
• Develop and/or monitor compliance with financial policies, internal controls, and internal audit recommendations
• Oversee budget development for JHBMC under the scope of the functional area assigned ensuring that the combined whole is accurate and complete. Monitor and address budget variances
• HBMC oversight of regionalized financial functional areas
• Develop and enforce departmental financial policies and internal controls. Work independently with limited supervision.
• Manages staff and has responsibility for hiring, firing, and performance management
• Resolve issues that block process; Identify appropriate communication channels; Primary responsibility for financial issues of JHBMC; Must ensure accuracy of data and quality of service. Utilize techniques of financial analysis to identify, plan, develop, implement and monitor financial strategies and resolutions to problem areas
• Develop and interpret a variety of financial reports which may include: Income statements, balance sheets, statement of cash flows; Ratio interpretation, financial performance monitoring as well as prospective external partners

Qualifications:

• BS/BA in Accounting, Finance, or related field required. CPA or Master’s degree strongly preferred.
• Minimum ten years progressive experience in Business and Finance preferably in an academic medical center. 5-7 years of management experience with significant business impact.
• Working understanding of HSCRC payment policies and compliance requirements

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