New Hanover Regional Medical Center Senior Finance Partner - Forecast & Costing in Wilmington, North Carolina
Senior Finance Partner - Forecast & Costing
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Forecast & Costing
This position has access to and knowledge of extremely sensitive, private and confidential materials. Ability to maintain the highest standard of confidentiality is required with zero tolerance. All the primary duties within this document will be performed according to established policies, procedures and guidelines within the department and the Medical Center. JOB SUMMARY: The Senior Finance Partner works under the supervision of the Director of Forecasts and Planning. Responsibilities may include (but are not limited to) any of the following as assigned. Acts as System Administrator for forecasting system (Strata). Responsible for processing, loading and validating the data flowing through Strata. Assists the Senior Resource Partner with the FTE Forecast processes and reconciliations between Strata and the Hospital's productivity system. Aggregation of statistics in format to facilitate upload into the forecasting system (Strata). Acts as lead contact in Fiscal Services for statistical reporting and volume forecasting. Acts as a liason to Operations for the purposes of forecast analysis and preparation. Develop and implement continuing education program that enhances and enforces the end user's understanding of monthly statistical, financial, and forecasting reports. Develop an understanding of hospital operations as needed to interact effectively with end users. Develop close working relationship with Operations Management in order to assist in maximizing financial results. Assist in planning and design of software implementation. Performs other duties as assigned. PRIMARY JOB DUTIES: 1. Acts as primary Systems Expert for Strata Forecasting and Management Reporting systems. Sr Finance Partners will triage end users questions as well as assist with trouble shooting and general navigation of Strata for forecasting and reporting. 2. Assist operations management with the monthly analysis of their area's operational performance to forecast. Act as lead contact for various designated VPs for the purpose of forecasting analysis as well as preparing requests for quarterly forecast updates. 3. Act as lead in preparing Volume Forecasts as well as monthly reporting of statistics (to include data integrity). 4. Develop and maintain collaborative relationship with Business Analysis & Planning department related to statistics/departmental volumes to ensure accurate forecasting/reporting. 5. Demonstrate working knowledge of daily productivity monitoring system (currently Visionware), which is required to be able to effectively provide assistance to department directors and managers on forecasting and fiscal issues. 6. Demonstrate working knowledge of Lawson to include data extracts and data uploads. Also utilize Lawson skills to research general ledger activity, which is needed to assist general ledger team in close process and to provide assistance to department directors and managers. 7. Prepare detailed charts, tables, presentations and spreadsheets, as needed, in support of a variety of budgetary analyses and special projects. 8. Perform security maintenance and user set up in forecasting system (currently Strata) in accordance with established policy. 9. Process, load and validate the data flowing through forecast system. Communicate with various users, as data is made available to them during the close process. 10. Process monthly reporting to include upload and reconciliation of General Ledger to Strata system, electronic distribution of monthly financial and variance reports for month end review, and periodic reports due to external customers (e.g. Broadlane). 11. Prepare monthly variance analysis summaries for various members of the Senior Team to assist them in their monthly operational performance discussions. 12. Develop and provide training for end users of Strata that encompasses all managers and directors as well as other support personnel. 13. Assist Director of Forecasts and Planning in designing, planning and implementation of optimization updates to the forecasting system (Strata), including re-training all end users. 14. Review, analyze and interpret financial data. 15. Investigate and resolve concerns of departments regarding departmental expenses and revenue. Ability to educate staff in formal and informal settings. 16. Effectively demonstrates the mission, vision, and values of NHRMC on a daily basis. 17. Performs other related duties as required. ESSENTIAL JOB SPECIFICATIONS: 1. Education: Bachelor's Degree in Accounting, Finance or related field. Demonstrated understanding of accounting to (at a minimum) understand accruals, reversals, prepaid items, capital versus operating, and balance sheet versus income statement required. 2. Licensure / Certifications: None. 3. Experience: Five years accounting or business experience preferably in a large organization.