Manager Budget and Business Analytics
Company: Concord Hospital
Posted on: January 8, 2022
Manager Budget and Business Analytics - Financial Services -
Full Time In this newly created role, the Manager Budget and
Business Analytics is responsible for the preparation and
monitoring of the systems annual operational budgets and forecast.
Plan and organize data required to prepare periodic and year-end
budget reports, statistical and financial statements. The Manager
supports variance analysis and ad hoc financial analytics requests.
Works closely with Accounting, Revenue Cycle and IT teams.
Education Bachelor's Degree in Business, Finance or Accounting.
Experience Minimum of two years' experience managing teams. High
degree of proficiency in Microsoft Excel and other Microsoft Office
suite products; Demonstrated excellent critical thinking, problem
solving, and relationship building and communication skills.
Excellent analytical abilities, problem-solving skills, and
business acumen. Ability to lead and engage in multiple projects
and initiatives and appropriately, prioritize her/his own time and
adjust priorities as needed to meet deadlines. Ability to manage
multiple projects and priorities within short time constraints and
in a complex organization. Demonstrates the ability to adapt to
change, exercise initiative, pay attention to detail and use
independent judgment Responsibilities Manage and monitor the
development, analysis, review, and reporting of the operating and
capital budgets. Coordinate financial reporting, analysis, and
consolidation across the Concord Hospital system Owns the budget
process including managing budget calendar, tracking against
deadlines, reporting on year over year changes/drivers and
preparation of reports. Review budget requests, coordinate and lead
discussions, and inform Senior Management regarding requests and
status of target achievement during the budget process. Ensures
appropriate use of analytic tools to assist in the budget process,
including overseeing data loads, and accuracy and integrity of data
in the system. Responsible for preparation of budget package and
reporting presentations to Senior Management, Finance Committee,
and the Board of Trustees. Assist in evaluation of new programs
including analyses on volume, gross revenue, expense, and ROI
analysis. Link revenue and expense budgeting and forecasting,
ensuring appropriate growth assumptions are modeled. Monitor
development, implementation, and optimization of budget &
finance-related systems Analyze trends in wages and expenses in
support of monthly close process, variance analysis, annual
budgets, and forecasts. Establishes variance reporting processes
for departmental leaders. Documents variances and informs Senior
Management of material variances Review Net Revenue budget model to
ensure appropriateness of assumptions and accuracy of model
Completes annual surveys and quarterly reporting and provides
financial information to external stakeholders as requested
Completes annual financial statement ratio analysis, supports data
required for presentation to rating agencies Proficient in labor
productivity and benchmarking and monitors performance relative to
budget and external benchmarks Maintain relationships with and
provides reporting & analytical support to department leaders and
support cross-functional projects including revenue, contracting,
finance, IT, clinical, and operations. Be independently accountable
for generating analytical insights and opportunities with regard to
revenue and reimbursement Directly supervise analyst and provided
supervision and coaching; ensure quality results. Hire, train, and
develop team members. Provide reporting, analytics, and
consultation that is relevant and actionable. Ensure the quality of
deliverables in terms of the technical design, implementation,
testing and adherence to technical compliance standards Maintain
confidentiality with handling highly sensitive financial, strategic
and operational information through the functions of the position.
Evaluate existing procedures; initiate process improvement as
needed in order to ensure that the department is operating
efficiently and effectively. Keep informed on the latest
development in the healthcare field through study, reading and
appropriate attendance at meetings, workshops and seminars.
Contributes to a learning culture. Other duties as assigned.
Concord Hospital is an Equal Employment Opportunity employer. It is
our policy to provide equal opportunity to all employees and
applicants and to prohibit any discrimination because of race,
color, religion, sex, sexual orientation, gender, gender identity,
national origin, age, marital status, genetic information,
disability or protected veteran status. Applicants to and employees
of this company are protected under federal law from discrimination
on several bases. Follow the link above to find out more. If you
are an individual with a disability and require a reasonable
accommodation to complete any part of the application process, you
may contact Human Resources at 603-230-7269. Physical and Work
Environment Requirements The physical deman d s and characteristics
of the work environment described here are representative of those
that will be encountered by an employee to successfully perform the
essential functions of this job. Reasonable accommo d ations may be
made to enable individuals with disabilities to perform the
essential functions. The Dictionary of Occupational Titles Material
Handling Classification is SEDENTARY. The employee must regularly
lift, carry or push/pull less than 10 pounds, frequently lift,
carry or push/pull less than 10 pounds, and occasionally lift,
carry or push/pull up to 10 pounds. The employee is frequently
required to do repetitive motion, hear, perform activities that
require fine motor s kills, reach, sit, speak, and walk. The
employee is occasionally required to bend, drive, squat, and stand.
Specific vision abilities required by this job include color
vision, depth perception, far vision, near vision, and peripheral
vision. The employee is occasionally exposed to electrical hazards
- shock. The noise level in the work environment is usually quiet.
Concord Hospital (CH) is a -nationally-accredited, -progressive
regional health system.
- Over the past two decades, CH has evolved from a community
hospital to a $550 million net revenue regional integrated health
system with more than 3,574 employees, leaders and clinicians who
are talented, mutually supportive, and community centered in
helping the organization meet its community mission.
- CH has sophisticated clinical and management practices. The
organization consistently performs among the top ten percent of
national organizations and has received many national accolades
(e.g., most wired, Press Ganey's summit award).
- After a four-year effort to strengthen and standardize our
quality management processes, Concord Hospital has become the first
healthcare system in New Hampshire to be certified as being in
compliance with internationally recognized quality management
practices ISO 9001:2008 certification, issued by DNV GL. ISO
certification means that patients can be confident CH has
implemented and strengthened processes for internal auditing,
control of documents, control of records, control of non conforming
products, and preventative and corrective action.
Keywords: Concord Hospital, Concord , Manager Budget and Business Analytics, Executive , Concord, California
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