Director of Finance

Primary City/State:

Glendale, Arizona

Department Name:

Facility Finance-Hosp

Work Shift:

Day

Job Category:

Finance

Banner Health believes leadership matters. We look for people who share our vision making health care easier, so life can be better. Our leaders are at the front of the health care transformation, planning the future of Banner Health.

Banner Thunderbird provides excellent patient care through the latest medical technology, a relaxing healing environment, and a concentrated focus on patient and employee safety. Banner Health was recognized on Becker's Healthcare 2024 list of 150 top places to work in healthcare. This list highlights hospitals, health systems and healthcare companies that prioritize workplace excellence and the happiness, satisfaction, wellbeing and fulfilment of their employees.

As the Director of Finance, you will be responsible for productivity, budget management, capital, proformas and coordinating various special projects. A successful candidate for this role with hold a Bachelor's degree in Finance or related with 7 or more years of experience in healthcare finance. This individual will interact regularly with facility leaders and have high visibility in the facility.

This role is located at Banner Thunderbird Medical Center and is an in-person role.

Your pay and benefits are important components of your journey at Banner Health. This opportunity includes the option to participate in a variety of health, financial, and security benefits. In addition, this position may be eligible for our Management Incentive Program as part of your Total Rewards package.

Banner Health’s premier West Valley Level I Trauma for adults and Tertiary Care destination for all ages. Banner Thunderbird Medical Center (BTMC) and Banner Children’s Hospital at Thunderbird provide a preferred destination for surgical, oncological, cardiovascular, neuroscience, orthopedic, pediatric, and women and infant services achieved through best-in-class 5-star CMS rating to provide patients with high quality, safe care for the best possible experience. Our campus is one of the largest campuses in the Banner network with over 3000 employees. BTMC was voted Best of the Best in 2023 by Banner Health out of 30 hospitals. This is the most prestigious award one of our largest hospitals can receive for consistently meeting our annual targets. If you would like to contribute to truly leading edge caring, we invite you to bring your experience and skills to Banner Thunderbird.

Position Summary

This position provides overall direction of the Finance functions for separate operating unit(s) to support the achievement of facility and related entities' financial and strategic objectives.

Core Functions

• Reports financial performance metrics for assigned facilities.
• Directs and manages key processes including financial, management and cost reporting and analysis; net revenue modeling; operating and strategic financial planning; annual operating and capital budgeting; decision support and business analysis.
• Establishes systems to monitor performance and assure all departments are delivering financial goals as committed through the budget. Recommends redistribution of resources when necessary to deliver outcomes.
• Assures adherence to company financial policies and internal controls, regulatory compliance, and generally accepted accounting principles. Develops and implements financial policies and/or procedures as needed.
• Directs personnel actions including recruiting, new hire actions, interviewing and selection of new staff, salary determinations, training, and personnel evaluations. Provides on-going financial education opportunities for staff, department managers and administration, as necessary.
• May lead teams and models behaviors to improve processes, customer satisfaction, and profitability. Works with department managers and other department personnel to identify financial improvement opportunities through monthly budget variance analysis, studying trended data, comparing benchmark information and reviewing productivity data.
• Provides financial decision support to assigned operating unit(s) and selected service lines by providing program, payer and service profitability reports and operating and capital investment analysis and forecasting.
• Ensures the achievement of financial goals and performance metrics for operating unit. Primarily supports senior leadership across the operating unit and facility.
  
  

Minimum Qualifications

Knowledge and understanding of business and financial healthcare as normally obtained through the completion of a Bachelor’s Degree in Business, Accounting, Finance or other related degree

Requires a proficiency level typically attained with seven or more years experience in healthcare finance. Employees working at Banner Behavioral Health Hospital or the Whole Health Clinic must possess an Arizona Fingerprint Clearance Card at the time of hire and maintain the card for the duration of their employment.

Requires ability to prepare detailed operating and financial reports using advanced computer skills. Requires strong interpersonal, leadership and communication/presentation skills.

Preferred Qualifications

Master of Business Administration or Certified Public Accountant (MBA/CPA) is highly desirable or equivalent work experience with an in-depth knowledge of accounting principles, budgeting, cost accounting and healthcare reimbursement methodologies. Previous management of professional level staff highly preferred.

Additional Related Education And/or Experience Preferred.

EEO Statement:

EEO/Female/Minority/Disability/Veterans

Our organization supports a drug-free work environment.

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