WHO WE ARE

With 12 ministries and access points across Indiana and Illinois, Franciscan Health is one of the largest Catholic health care systems in the Midwest. Franciscan Health takes pride in hiring coworkers that provide compassionate, comprehensive care for our patients and the communities we serve.

POSITION OVERVIEW

The Director of Financial Operations supports the Divisional CFO and partners with Service Line leadership to provide financial analysis and drive strategic decision-making. They lead financial improvements, support business development, and collaborate on budgeting, forecasting, and assists with financial reporting and auditing processes. This role works with divisional leaders, physicians, and staff to achieve service line objectives and support financial decision making in the marketplace.

QUALIFICATIONS

• Bachelor’s Degree in Accounting, Finance, Business or related - Required
• Master’s Degree in Accounting, Finance, Business or related - Preferred
• 7 years Budgeting and/or Financial Analysis - Required
• 3 years Healthcare - Preferred
• Certified Public Accountant (CPA) - State Licensing Board - Preferred

• Serve as a change agent for operational/financial improvement and strategic growth.
• Oversee financial reports/analysis for areas of responsibility and shares with stakeholders; prepare business and capital expenditure plans; assist with special projects and business, market, and strategic development plans.
• Coordinate the accumulation, preparation, review, and submission of the Divisions routine and strategic capital budget consistent with the System Budget and Financial Management Policy and Procedure and tracks project expenditure and return on investment.
• Work with the COEs FP&A function to prepare the annual budget and financial forecast for the Division.
• Supports leadership in developing the top-down operational and capital budgeting process and consolidates budgets for leadership review.
• Work closely with departmental leaders by acting as a business partner to assist with budget preparation, while providing ongoing communication of financial, productivity, resource utilization performance, leakage, KPIs to benchmark variance review along with other financial performance indicators.
• Analyze and report on variances to budget and works with departmental and divisional management to develop corrective action plans.
• Analyze the Divisions financial and operational position based on past, present, future, and budgeted levels that utilize variance analysis, benchmarks, productivity targets, cost, supply consumption, and established plans.
• Work closely with the Division leadership team, COEs Financial, Quality and Reimbursement team, and the Systems strategy team to develop and assess strategic growth/market share opportunities.
• Provide support and financial data/analysis to the executive staff; review financial and management reports drafted by Shared Services and COE and provide division/site specific insights.
• Develop and manage one or multiple departmental budgets, including making budget allocations, approving expenditures, and ensuring expenses are within budget.
• Direct the preparation of short term and long-range plans consistent with strategic corporate goals and growth objectives which includes quarter planning and the annual planning process.