Job Description

AVID Technical Resources is seeking an experienced Finance Manager with experience working with Hospital Systems to work onsite with our Health Care cilent in West Los Angeles.

ROLE & RESPONSIBILITIES:

A. ANNUAL BUDGET

• Develop and complete in-depth and complex annual operating budgets for assigned cost centers timely. Meet with cost center heads to resolve budgeting issues. Prepare, monitor and manage cost center budgets

• Prepare financial analyzes of workload, revenue, recharges, expenses, FTE, salary and non-labor expense, and complete the operating budgets for assigned areas

• Input/upload annual budget providing the supporting details and notes for tracking purpose and make the necessary budget adjustments as warranted

B. MONTH END

• Coordinate with General Accounting to identify transactions that necessitate re-class journal entries to ensure the alignment of expenses with the budget

• Prepare financial analyzes of issues regarding workload, revenue, recharges, expenses, FTE, salary and non-labor expense.

• Review and analyze the monthly budget variances, discuss with Cost Center Lead to understand and validate rationale, prepare monthly pre-close variance explanation for the assigned cost centers, highlighting potential problems or issues for further analysis and resolution.

• Ensure cost centers complete monthly budget variance explanations accurately and completely 

• Review cost centers 'variance explanations on a monthly basis and identify the revenue and expenditure trends in the individual cost centers as well as in the larger perspective

• Illustrate and analyze the workload, revenue and expenditure trends in the individual cost centers as well as in a larger perspective

• Identify areas that can be improved (actuals vs budget and actual vs prior period actual) and work with cost center leaders and Finance to implement changes where possible.

C. COST CENTER SUPPORT

• Work closely with the directors of assigned cost centers to identify and monitor any financial and budgetary implications to their cost centers due to operational changes or the implementation of new systems

• Work with cost centers to identify opportunities for efficiencies, utilize project management skills to prioritize and implement system, tool, process and other initiative, establish metrics and benchmark to measure progress and success 

• Build relationship with Cost Center, through monthly meetings, and minimum annual on-site visit, to gain better operational understanding

• Provide on-going analytical support to assigned cost centers

• Meet with cost center staff and/or leader to resolve financial issues

• Lead mid-year review with assigned cost centers, to review year to date, understand future state, and provide feedback on financial sustainability

D. LABOR MANAGEMENT

• Validate and analyze data provided by cost center in support of resource request (e.g. volume, FTE, overtime, budgeted positions, position control, union status, staffing ratio, pay scale, productivity), provide analysis results to leadership

• Monitor FTE and payroll expense trends for assigned cost centers. Collaborate with Cost Center, Payroll, and General Accounting to identify and report necessary payroll transfer.

• Ensure cost centers report Temps timely and accurately

E. POSITION CONTROL

• Work with Cost Center to maintain and realign Position Control to the actual FTEs

• Work with cost centers to ensure their FTEs are within Budget/Position Control or are reasonably explained.

• Maintain Position Control database for assigned areas, and work with cost centers to resolve inconsistencies.

• Distribute Position Control reports to assigned cost centers every two months, and resolve discrepancies

REQUIRED QUALIFICATIONS:

1. Bachelor’s Degree or Master’s degree in business related field preferred or equivalent finance experience
2. Minimum eight years of experience in financial management, with minimum two years in Academic Medical Center (AMC), Hospital System, or Consulting/Accounting firm specializing in AMC’s or Hospital Systems.
3. Demonstrated and set high standards of behavior, performance, quality, credibility and integrity.
4. Demonstrated advanced / in-depth knowledge of financial elements of health care delivery, including strategy, business planning, operations and management.
5. Demonstrated ability to influence, accomplish results and effectively integrate functions with business plans. Ability to consistently demonstrate and encourage a commitment to quality, customer service, productivity and continuous improvement.
6. Ability to consistently interact with all members of the organization in ways that enhance trust, understanding, respect, cooperation, problem solving and achievement of organizational goals.
7. Demonstrated knowledge of approaches and methods of process improvement, including project management skills, planning, setting priorities, systematic performance assessment, and implementation based on such assessment and maintaining achieved improvement.
8. Advanced and proven problem solving and analytical skills. Ability to analyze data utilizing defined but different processes. Demonstrated ability to develop advanced data queries utilizing financial systems and reporting software.
9. Minimum eight years of experience with preparing monthly, quarterly, and annual budget, forecast, and long-range plans and related presentations, and detailed variance analysis. 
10. Self-motivated, results-oriented, and demonstrates strong initiative. 
11. Ability to work under time constraints; meeting deadlines and schedules; setting priorities; and working with detailed information. 
12. Demonstrated ability to communicate effectively in written and oral forms with wide diversity of individuals including physicians, senior management, managers and technical staff. Excellent interpersonal and communication skills. Ability to communicate with diverse groups and all levels. 
13. Ability to collaborate with operations on how to convert current activity into new technologies or more effective and efficient processes.  
14. Functional knowledge of large scale integrated client server / ERP /budgeting and planning financial systems.  
15. The successful candidate will regularly work on highly complex issues where analysis of situations or data requires an in-depth evaluation of variable factors with multiple stakeholders. He/she will exercise judgment in selecting methods, techniques and evaluation criteria for obtaining results. 

Estimated Pay Rate Range

Contract Hourly Rate ranging: $50 - 55 USD -- Dependent upon Experience

About AVID Technical Resources:

AVID (Applications, Voice, Internet, Data) Technical Resources is a contract and permanent IT recruiting company. Headquartered in Boston with 9 offices around the US, AVID specializes in placing information technology professionals with either an Infrastructure Support or Applications Development background.

Since our inception in 2003, AVID has grown to be among the leading IT recruiting firms in the area. This explosive growth has led to a number of awards and recognition. Inc. Magazine listed AVID three times on their exclusive Inc. 500/5000 Fastest Growing Privately-Held Companies in the US. AVID was named one of the Leading IT Staffing Agencies in the Northeast by Forbes Magazine and the Boston Business Journal ranked AVID Technical Resources the 7th Fastest Growing Privately-held Company in Massachusetts. AVID Technical Resources has not only been recognized by local and national business and staffing organizations, but also by its most important critics: our clients and candidates. Check out our reviews on Glassdoor, Indeed, and Google here. 

Contact one of our IT recruiters today: www.avidtr.com.