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- New London, CT
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Yale New Haven Health • New London, CT
Posted 9 days ago
Degree - 4 Year Degree
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To be part of our organization, every employee should understand and share in the YNHHS Vision, support our Mission, and live our Values. These values-integrity, patient-centered, respect, accountability, and compassion - must guide what we do, as individuals and professionals, every day.
Reporting directly to the Vice President of Financial Planning, this position will be a critical strategic partner and primary financial liaison with various departments and function as the focal point for all financial administrative activities with a key focus including interaction with the L+M Executive Council. This position will play a central role in ensuring that financial and operational goals are developed, monitored, measured and reported to L+M as well as System key financial and operational stakeholders in a consistent, timely and informative manner, and be the central point of contact to respond to inquiries and ensure problem resolution.
Responsibilities include the coordination of all business plan activities that directly affect L+M and related affiliates as appropriate. Additionally, this position will control the financial site responsibility for the development of key financial projections as well as support the development of all Shared Value Programs with all physician participants to include but not limited to the ?plurality? of physician affiliation (NEMG, YM, Contracted, Community, and employed) and other critical performance improvement program initiatives. This position will be charged with the responsibility of being the primary liaison with the System-wide planning and budget teams to ensure the validity and accuracy of the operating, capital and cash flow budgets and projections as well as with the System Revenue Management team to ensure both the maximization of revenue and cash collections. In this capacity, this position will collaborate with multiple business partners in assessing and addressing financial and operational issues. Finally, this position will be key in assisting in the System based standardization of a data driven organizational culture which leverages both cost center and patient specific data (i.e. key daily metrics, salary reporting including volume information, value equation reporting, business plan monitoring, Affiliation Agreement reporting to both Connecticut and Rhode Island, etc.) producing actionable data that in collaboration with operational and clinical partners, allows for the development and execution of the necessary corrective action plans. This actionable data responsibility will ensure integration of cost center and patient data that drives strategic planning to the monthly financial statements.
Bachelor's degree in accounting, or equivalent experience. Master's degree in relevant field preferred. CPA Preferred
The position requires seven (7) to ten (10) years of demonstrated experience in health care finance, accounting, budget, with progressive responsibility in accountability, leadership, supervision and project management.
Considerable knowledge of health care accounting is required. Demonstrated ability to lead groups and work on numerous projects simultaneously. Previous management and matrix working relationship experience is preferred. Ability to influence and direct others, and deal with all levels of management and different functional expertise of staff. Excellent oral and written communications necessary. Ability to partner, collaborate and negotiate with physicians (NEMG, YM Contracted, Community, etc.). Experience with both cost center (G/L) data and patient data (cost accounting, EHR, quality, etc.)
Responsible for the management of a variety of financial projects which contribute directly to annual financial performance for L+M and System related initiatives. Assures the success of numerous projects by offering technical knowledge, oversight and coordination. Influences the management of work of professional staff, matrix partners, and various project work plans for revenue enhancement, expense improvements and various other Value driven efforts.
Serves as the on-site expert on revenue enhancement and expense improvement issues for L+M and coordinates efforts with related affiliate management and departmental colleagues who are off-site. Manages and directs multi-disciplinary efforts at revenue enhancement and development, expense management, business development and performance. Exercises independent judgment and discretion in the performance of duties. Manages project priorities, work assignments and financial valuations of opportunities. Acts as a resource and coordinator for the financial matters and supports the related information systems functions.
Job ID: 5883
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