Campus Pride Jobs

Job Summary

The Senior Director, Novant Health Enterprise (NHE) Operational Finance is required to manage and implement financial strategies to optimize revenue, minimize costs, and enhance overall financial performance of NHE across core and growth markets. This leader will focus on day-to-day management and execution of financial operations, such as budgeting, forecasting, and reporting to ensure accuracy, compliance, and timeliness in all financial matters. This leader plays a critical role in implementing financial strategies and monitoring key financial metrics to identify trends, risks, and opportunities for improvement.

The Senior Director will be responsible for managing the financial planning and operational finance activities across NHE, including but not limited to Ambulatory Surgery Centers, Urgent Care, MedQuest, outpatient pharmacy, and other partnerships and ventures. This role will be responsible in supporting the evaluation of the operational and financial impact of all physician affiliations and acquisitions. This team member will manage a team of finance professionals to provide strategic guidance and decision support to operational departments regarding budgeting, forecasting, and financial performance.

The Senior Director will collaborate closely with senior leadership on financial goals and objectives that are aligned with the organization's mission and strategic priorities. The role will provide strategic guidance and decision support to senior leadership based on financial analysis and insights.

Responsibilities

Manage the financial performance and operational cohesion of Novant Health Enterprises (NHE)

• Lead and manage NHE financial operations, including accounting, budgeting, forecasting, and financial reporting, to ensure accuracy, compliance, and timeliness in all financial matters

• Collaborate with finance leaders across the organizations to ensure NHE strategy aligns with broader enterprise goals

• Manage the maintenance of financial benchmark measurements and related financial analysis

• Be responsible for managing day to day activities for strategic financial and capital planning models and related analysis

• Support the development of financial policies and procedures that enhance operational efficiency and financial performance across the organization

• Complete a wide variety of complex projects across various aspects of the business

  Manage NHE physician affiliations in core and growth markets

• Provide strategic guidance and decision support to operational departments regarding budgeting, forecasting, and financial performance for physician affiliations

• Manage the evaluation of potential affiliations and partnerships, including financial viability and operational impact to inform strategic decision-making

• Work with leadership to determine how to effectively integrate and operationalize affiliations to enhance growth

  Support major NHE transactions and partnerships

• Support evaluation of potential partnerships and transactions (e.g., ASC partnership, MedQuest, joint ventures, acquisitions etc.)

• Conduct financial analysis and modeling to evaluate investment opportunities, projects, and M&A activities as needed

• Assess the financial impact of ASCs, urgent care, outpatient pharmacy, MedQuest imaging, and other strategic partnerships to ensure financial alignment and operational efficiency

• Conduct financial due diligence and for acquisitions and partnerships, and partner with relevant operators to ensure the financial health and operational success of these ventures

  Partner with Operational Finance on Novant Health finance activities

• Support Market and Institute level non-threshold capital allocation process

• Support Operational Finance month-end review process by developing key reports and communicating insights to leadership

• Maintain Operational Finance organizational structure that supports Novant Health operating structure

• Lead preparation of pro forma analyses for large capital projects and new physician clinic sites

• Support market acute care facility monthly financial review process as needed

• With other leaders, prepare, implement, and monitor financial action plans when appropriate

• Manage Specialty Institute physician compensation plans with Operational Finance GWSM finance leaders

• Partner with the Internal Consulting Group to analyze market share data and identify opportunities

• Implement financial performance measures and monitoring systems to identify opportunities for operational improvements and cost efficiencies

  Other responsibilities

• Provides consistent and fair oversight.

• Creates an environment that supports and respects diversity to promote creative problem solving.

• Maintains organizational policy and procedure, including rules of conduct.

• Demonstrates knowledge of process improvement principles and applies appropriately to improvement activities.

• Meets customer service standards and ensures service recovery when needed.

• Provides ongoing informal and formal feedback to direct reports consistent with organizational policies and procedures.

• Manages positions within the department to achieve quality and productivity and meet budget.

Qualifications

• Education: Graduate degree, required.

• Experience: 7-10 years of professional experience; previous leadership experience, required.

• Additional Skills (required):

• Documented analytical skills; must be able to absorb large amounts of data; will reach sound business conclusions from the data and communicate in executive summary format.

• Ability to find performance improvement opportunity from reviewing financial and operational metrics.

• Financial acumen and general business savvy; will be strong financially and committed to seeing that Novant Health remains fiscally sound.

• Strategic mindset with strong conceptual abilities; will be a planner and a thinker; will understand the “big picture” and be qualified to add value to the strategic planning process and other areas.

• Capable of sitting at the table with senior leadership and setting priorities for various projects.

• Proficient ability to prepare compelling, high-impact presentations for senior management and other functional stakeholders.

• Knowledge of cost allocation methodologies, decision support systems and reporting.

• Knowledge of net revenue algorithms and processes.

• Leadership ability; the bent for taking responsibility, moving ahead, and encouraging others to share the vision; the qualities that inspire confidence and trust; a proactive, roll-up-the-sleeves style is a requirement.

• Excellent communication skills; must be able to elicit the real issues and be adept at presenting his/her ideas orally and in writing.

• Proven ability to work collaboratively within a large organization; exceptional interpersonal skill and a highly professional demeanor.

• High energy level; someone who understands the urgency of meeting the organization’s needs; a sleeve-up style that is comfortable doing and delegating.

• Highly skilled user of spreadsheet and database software products.

• Additional Skills/Requirements (preferred):

• Understanding of GAAP accounting.

• Negotiating skills.

Job Opening ID

52586