What are the responsibilities and job description for the Director of Financial Planning & Analysis position at Reliant Rehabilitation?
Overview
Summary:
This position will be a key asset in the future growth of the company. This individual will help drive the FP&A Department and will be spear-heading the Company’s financial forecasting & annual budgeting processes, financial reporting, variance analysis, BI reporting, and special projects. S/he will provide financial consulting and strategic support to senior management, including preparing board presentations, financial presentations, capital expenditure analysis, industry/peer group comparisons, new business opportunities, acquisition analysis, and other projects requested by senior management. This function acts as the analytical arm of the company, providing data-driven insights to support ‘optimal’ business decision making.
This role will have 1-3 direct/indirect reports (Financial Analysts).
Responsibilities
Essential Duties and Responsibilities:
- Lead and develop Reliant’s Annual Operating Plan, Including P&L, Cash Flow, and Board Presentation
- Oversee and manage the continued development (& improvement) of balance of year Financial & Cash Forecasting (including Debt Covenant Calculation)
- Prepare and present Quarterly and Monthly Financial reports
- Prepare presentations to Board of Directors and Senior Management Team
- Support Cash Flow forecasting process with reporting and analysis on Collections and DSO
- Drive Capital Expenditure Request (CER) process, expediting investment approval. Includes financial analysis and authorization role
- Monitor performance indicators, highlighting trends and performing variance analysis
- Report and Analyze customer and site profitability, including key performance trends on Revenue, Cost of Sales, Profitability, Payor Mix, etc.
- Develop financial models and analyses to support strategic initiatives
- Support Senior Management Team and Departments heads with strategic initiatives
- Lead role in end-to-end implementation of ad hoc projects and/or initiatives
- Partner with all departments to develop and fully utilize BI reporting, analysis, and feedback
- Manage the development and production of Dashboard reporting for all stakeholders
- Supervise, coach, and develop Financial Analyst(s)
- Performs other duties and responsibilities as assigned
- Must conduct self in an ethical, legal, and responsible manner at all times
- Must adhere to the policies, principles, and guidance within the Employee Handbook and Code of Business Conduct
Qualifications
Competency:
To perform the job successfully, an individual should demonstrate the following competencies:
- Experience in the healthcare industry and ancillary services preferred
- Ability to take independent ownership of processes and initiatives
- Highest standards of accuracy and precision; highly organized
- Articulate with excellent verbal and written communication skills (across all levels of organization)
- M&A Transactional experience for organizations greater than $50M revenue
- Demonstrated ability to work with team members in a hands-on management capacity
- Ability to build strong relationships with a diverse population
- Ability to work in a fast-paced, productive work environment
- Experience managing a professional group, providing appropriate direction and coaching
Education/Experience:
- Bachelor's Degree in Accounting or Finance; MBA highly preferred
- Multi-year experience managing direct reports
- 10 years of progressive experience in FP&A and Corporate Finance
Computer Skills:
- Proficient knowledge of MS Office (Outlook, Word, Excel, Power Point, etc.)
- Solid understanding of relational databases, and extensive experience with BI software
- Experience with Optima, Ultipro, Salesforce, Intacct a plus
Travel Requirements:
- Up to 10% intermittent travel (site visits, due diligence, etc.)
Supervisory Responsibilities:
- Up to 3 direct reports
Work Environment:
The work environment characteristics described here are representative of those an employee encounters
while performing the essential functions of this job. Reasonable accommodations may be made to enable
individuals with disabilities to perform the essentials functions. The noise level in the work environment
is usually moderate
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to
successfully perform the essential functions of this job. Reasonable accommodations may be made to
enable the individuals with disabilities to perform the essentials functions. Must be able to walk, bend,
stand, and reach constantly during a workday/shift and be able to participate in sustained activities for
many hours in duration. Must be able to speak and hear well enough to understand and give directions
to others
