Mgr, Financial Planning & Decision Support: Sal, FT

Position Highlights:

• Shift: Days
• Lifestyle: Sandusky was voted “Best Coastal Small Town in America”. You will have the opportunity to enjoy living and working in this growing area along the beautiful shores of Lake Erie.
• Work/life: You will find support to help you manage your personal life while building a career.
• Employee-centric: Tuition reimbursement, loan forgiveness, comprehensive major medical, dental and vision insurance, paid time off, 401(k), health and wellness offerings, monthly employee events, and more.

About Firelands Health:

Our goal at Firelands Health is to be the best & preferred independent healthcare employer for the Sandusky Bay region.

Firelands Health is the area’s largest and most comprehensive resource for quality medical care. We are “big enough to care for you, and small enough to care about you”. We are locally managed and governed as a not-for-profit healthcare facility, serving the counties of Erie, Ottawa, Sandusky, and Huron, covering a regional service area with over 300,000 residents. Our mission is to provide excellent healthcare, promote community wellness, and improve the lives we serve.

Our Core ACE Values: Attitude: We choose to be positive and inclusive every day. Commitment: We are committed to exceed the expectations of those we serve. Enthusiasm: We will work passionately to make a difference.

What You Will Do:

• The Manager of Financial Planning and Decision Support is primarily responsible for developing and preparing financial analyses, financial modeling and reports used by management in FRHS’s decision making process. This includes establishing procedures to ensure accurate reporting and interpretation of budget, cost and statistical data, establishing and maintaining hospital-specific costing methodologies, managing and supporting the annual operating budget, managing and supporting the system-wide productivity system, supporting operational benchmarking and supporting the financial planning processes through analysis and evaluation of financial viability of prospective business ventures, major capital investments and strategic planning projects.
• Responsible for coordinating the maintenance of all modules within the Decision Support System (cost accounting, product line management and contract management modules) and developing decision support capabilities and data management disciplines to improve the quality of information and data available for decision making purposes. This position provides direction and leadership to Decision Support Analysts and Financial Analysts, and participates with operations personnel to analyze the profitability of various lines of service. This position is also responsible for maintaining and supporting reporting activities carried out though other Financial Planning applications. Additionally, this position is responsible for maintaining and applying Strata system analytics on an as required basis.
• Supports the annual operational budget planning process, including but not limited to setting the Planning/Budgeting calendar, drafting Institutional Objectives (to be presented to Senior Management), and developing service demand projections with input from appropriate representatives.
• Supports financial planning, operational benchmarking, productivity reporting and operating budgeting functions.
• Assists in developing financial projections and multi-year forecasts for Senior Management.
• Update multi-year forecasts annually as requested by Senior Administration.
• Plan, implement, manage and maintain the functions and activities related to the Decision Support System. Coordinates the implementation of DSS updates or conversions, performing testing as needed.
• Develops pro-forma financial analysis and forecasts to support business development and analysis requirements of the organization. Documents assumptions, proves model viability and works with operations to obtain buy-in and accountability for models developed.
• Ensures effective utilization of the decision support system’s applications, proper integration with source systems and the integrity and security of the database. Continually reconciles interfaces to and from the DSS with source systems, resolving discrepancies in a timely manner.
• Annually updates historical cost data being applied to patient accounting information in the Decision Support System to ensure costing and reporting is reasonably consistent with current period financial statements.
• Plans, coordinates, and provides appropriate training for users of the Decision Support System. Serves as the contact and liaison with the Decision Support System’s vendor staff and FRMC IT group.
• Responsible for providing special reports and summary conclusions for use in decision making such as business development, contract modeling, and support of the budget and productivity reporting.
• Performs detailed analysis associated with Product Lines, Clinical and Physician Profiles, and Resource Utilization. Develops appropriate mechanisms to report findings within established deadlines and facilitates the acceptance of such data.
• Participates in the prioritizing of information needs of FRMC. Continually explores the Decision Support System(s) for expansion and improvement that can most effectively meet those needs. Evaluates the appropriateness and feasibility of electronic distribution of reports on an on-going basis.
• Establishes policies & procedures for the Decision Support Management system related to:
  a. System use and information distribution
  b. Evaluation of system reports and other outputs for accuracy and reasonableness
  c. Insuring the integrity of the system data and its sources, system modeling, and reporting of statistical information
• Evaluates the performance of all direct reports, providing constructive criticism, feedback and opportunities for professional development.

What You Will Need:

• The position requires a Bachelor's degree in Accounting, Finance, Economics, Business Administration or a related field. Master’s degree in Business Administration or Hospital Administration preferred.
• Minimum of 5 years’ experience in Healthcare provider finance with concentration on financial analysis, decision support, revenue cycle and reimbursement. Previous experience in leading a Decision Support and/or Financial Planning function. Strong financial analysis, business case development and pro-forma development experience.
• Background in finance/decision support and experience working in an acute healthcare setting.
• Extensive expertise on Microsoft Office applications, particularly EXCEL. Demonstrated expertise with Strata Software products.
  Knowledge of various data systems used in hospitals and the ability to.
  Requires five (5) to seven (7) years of health care finance experience, of which, four years should be in a position of supervisory responsibility.
• Must be able to schedule, meet and maintain daily and monthly routines, assign personnel, maintain integrity of records and effectively manage multiple priorities in a fast-paced environment.
• Must possess a valid State of Ohio motor vehicle operator's license and insurable under Firelands auto policy. Employee must provide proof of personal automobile liability insurance coverage upon request.
• Successful completion of a one hundred-eighty (180) day probationary.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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