General Summary of Position

Reporting directly to the Chief Financial Officer of the hospital, the Finance Director, along with a team of direct reports, will oversee and manage all finance and decision support functions for the hospital.

Our hospital center is leading the way by providing the highest quality clinical care with advanced technology, innovative medical services, and the region's top doctors. Our hospital center not only treats illnesses and injuries but also promotes wellness and community health.
We are a full-service acute care facility with more than 44,000 emergency room visits and nearly 11,000 admissions each year. Our hospital's commitment to advanced technology distinguishes it from community hospitals. Our goal is to help residents of Southern Maryland achieve the highest possible level of physical and mental health, and thereby improve the quality of life in our community.

Primary Duties and Responsibilities

• Performs monthly financial review and analysis of operating results for MedStar Southern Maryland Hospital Center, including oversight of the preparation of monthly financial analyses reports and variance analyses.
• Provides timely, accurate, and cutting-edge management reporting to senior leadership.
• Ensures credibility of the entity Finance department by providing timely and accurate analysis of financial data, reports, and trends on a routine basis and as requested to management and others.
• Helps coordinate revenue cycle initiatives
• Serves as the liaison with the MedStar Health corporate office on financial topics and issues.
• Consistently demonstrates support for compliance in the performance of job duties and responsibilities by (a) developing and maintaining knowledge of, and performing job functions in compliance with, rules, regulations, policies, and statutes that affect his/her job; (b) maintaining knowledge of and performing job functions in compliance with MedStar Health and MSMHC policies and procedures; and (c) reporting compliance concerns in an appropriate and timely manner.
• Develops, implements, and periodically updates a strategic financial plan.
• Directs the preparation of financial projections for new projects, major capital expenditures or proposed changes in operations.
• Collaborates with financial executives at corporate headquarters to prepare and update the long-range financial forecast of the hospital and its outpatient centers.
• Interprets current financial trends and respond with appropriate action
• Develop and manage key financial performance indicators and works with entity management in improving financial results using such indicators.
• Provides leadership over the operating and capital budget development process; coordinates data distribution, collection and consolidation. Schedules, organizes, and implements the annual hospital budget process, including the preparation of seminars, guidelines, and worksheets for departments.
• Selects, trains, orients, and assigns department staff. Develops standards of performance, evaluates performance, and conducts performance management planning. Initiates or makes recommendations for personnel actions. Maintains ongoing communication with team members to review programs, provide feedback, discuss new developments, and exchange information. Supervises the preparation and maintenance of records, files and other documents. Maintains departmental reports and records and collects statistical data for administrative and regulatory purposes. Develops and recommends department operating budget and ensures that department operates within budget.

Minimum Qualifications
Education

• Bachelor's degree in related field required and
• Master's degree preferred

Experience

• 5-7 years Experience in an operational finance role, preferably in the healthcare industry with supervisory/managerial responsibilities, cost accounting, financial forecasting, and capital and operating budgeting. required

Knowledge, Skills, and Abilities

• Ability to demonstrate ethical behavior that supports the MedStar's mission, SPIRIT Values and commitment to compliance with all federal, state and regulatory laws. Inspires trust and exhibits honesty and integrity within the scope of daily activities.
• Exhibits professionalism, courtesy and excellent customer service, while interacting with patients, guests and co-workers.
• Ability to work effectively with people from a variety of culturally diverse backgrounds.
• Ability to maintain confidentiality.
• Must be proficient in Microsoft Office programs, especially Excel and Access
• Ability to learn multiple systems for retrieving data to be used in analytics

Why MedStar Health?
At MedStar Health, we understand that our ability to treat others well begins with how we treat each other. We work hard to foster an inclusive and positive environment where our associates feel valued, connected, and empowered. We live up to this promise through:

• Strong emphasis on teamwork—our associates feel connected to each other and our mission as an organization. In return, our effective team environment generates positive patient outcomes and high associate satisfaction ratings that exceed the national benchmark.
• Strategic focus on equity, inclusion, & diversity—we are committed to equity for all people and communities. We continue to build a diverse and inclusive workplace where people feel a sense of belonging and the ability to contribute to equitable care delivery and improved community health outcomes at all levels of the organization.
• Comprehensive total rewards package—including competitive pay, generous paid time off, great health and wellness benefits, retirement savings, education assistance, and so much more.
• More career opportunities closer to home—as the largest healthcare provider in the Baltimore-Washington, D.C. region, there are countless opportunities to grow your career and fulfill your aspirations.

About MedStar Health
MedStar Health is dedicated to providing the highest quality care for people in Maryland and the Washington, D.C., region, while advancing the practice of medicine through education, innovation, and research. Our team of 32,000 includes physicians, nurses, residents, fellows, and many other clinical and non-clinical associates working in a variety of settings across our health system, including 10 hospitals and more than 300 community-based locations, the largest home health provider in the region, and highly respected institutes dedicated to research and innovation. As the medical education and clinical partner of Georgetown University for more than 20 years, MedStar Health is dedicated not only to teaching the next generation of doctors, but also to the continuing education, professional development, and personal fulfillment of our whole team. Together, we use the best of our minds and the best of our hearts to serve our patients, those who care for them, and our communities. It’s how we treat people.

MedStar Health is an Equal Opportunity (EO) Employer and assures equal opportunity for all applicants and employees. We hire people to work in different locations, and we comply with the federal, state and local laws governing each of those locations. MedStar Health makes all decisions regarding employment, including for example, hiring, transfer, promotion, compensation, benefit eligibility, discipline, and discharge without regard to any protected status, including race, color, creed, religion, national origin, citizenship status, sex, age, disability, veteran status, marital status, sexual orientation, gender identity or expression, political affiliations, or any other characteristic protected by federal, state or local EO laws. If you receive an offer of employment, it is MedStar Health's policy to hire its employees on an at-will basis, which means you or MedStar Health may terminate this relationship at any time, for any reason.