Director of Finance - Presbyterian Healthcare Services

Overview:

Presbyterian Healthcare Services exists to improve the health of patients, members and the communities we serve. We are a locally owned, not-for-profit healthcare system of nine hospitals, a statewide health plan and a growing multi-specialty medical group. Founded in New Mexico in 1908, we are the state's largest private employer with nearly 14,000 employees - including more than 1,600 providers and nearly 4,700 nurses.

 

Under the direction of the Presbyterian Healthcare Services Vice President of Finance, the Director of Finance position is responsible for the overall planning, direction and operation of the financial services of Presbyterian Delivery System (PDS). Duties include but are not limited to directing all accounting, budgeting, strategic financial planning, statutory reporting, financial reporting, asset control and disbursement processing functions in addition to coordinating the preparation of all financial statements. 

Qualifications:

• Bachelors degree in a related field required.
• 5 years of experience in healthcare finance, and corporate finance techniques.
• Experience in a large hospital and/or multi-medical facility role highly preferred. 
• Demonstrated aptitude in leading complex financial analysis and problem solving.
• Excellent leadership skills.
• Must reside in/around Albuquerque, New Mexico. 

Responsibilities:

• Coordinates and manages the preparation of the annual budget, the long-range financial plan, capital plan and monthly/annual financial reports for PDS. Directs the development of financial performance targets for PDS. Ensures that senior leaders have the appropriate information to make informed decisions and to monitor progress towards PDS goals.
  
  
• Coordinates and manages the general ledger reporting and analysis, from the sources of data through the preparation of financial statements. Includes the verification and authentication of information received from the feeder systems, adjusting and reclassifying journal entries, the consolidation and publication of financial statements, and the preparation and distribution of various reports for PDS.
  
  
• Identifies the appropriate metrics and external comparative data to measure PDS s progress towards its goals.
  
  
• Participates in the development and oversees the implementation of financial/accounting policies, procedures and internal controls to ensure the integrity of the financial reports for PDS.
  
  
• Directs the development of the business plans, NPV analysis other identified analyses for new business ventures, or acquisition of practices. Participates as the lead Finance liaison for merger, acquisition, sale transactions that involve hospital-based services.
  
  
• Coordinates and prepares finance materials for ADS and regional meetings of the related Board of Directors. Presents those materials to these Boards.
  
  
• Reviews operating results with the leadership team, and as needed with departmental leaders, , assists in the identification of opportunities for improvement and assists with the preparation of corrective action plans where necessary
  
  
• Prepares and directs the preparation, analysis and reporting of product line, payer, departmental and other issue specific reports for PDS.
  
  
• Prepares PDS specific models for governmental and commercial payer contract fees to ensure appropriate income and cash flow. Participates in PDS contract analysis and negotiations.
  
  
• Reviews billing and collection patterns and develops improvement recommendations to senior leadership. Evaluates the adequacy of the contractual allowances, discounts, bad debts and reserves to ensure the accuracy of the financial reports. Directs the preparation of the actuarially determined IBNR.
  
  
• Interprets and ensures compliance with third-party payer regulations including Medicare, Medicaid, commercial and managed care.
  
  
• Provides assistance to senior leadership in the development of and preparation of managerial and productivity reports.
  
  
• Coordinates and manages the external audit process for PDS utilizing the standard tools and approaches developed by PHS.
  
  
• Plans, coordinates and supervises the operational, personnel and financial activities for all assigned departments.
  
  
• Understands, embraces and practices the continuous quality improvement principles and the criteria outlined by MBNQA.

Benefits:

We offer more than the standard benefits!

Presbyterian employees gain access to a robust wellness program, including free access to our on-site and community-based gyms, nutrition coaching and classes, wellness challenges and more!

Learn more about our employee benefits:

https://www.phs.org/careers/why-work-with-us/benefits

Why work at Presbyterian?

As an organization, we are committed to improving the health of our communities. From hosting growers' markets to partnering with local communities, Presbyterian is taking active steps to improve the health of New Mexicans. For our employees, we offer a robust wellness program, including free access to our on-site and community-based gyms, nutrition coaching and classes, wellness challenges and more.

Presbyterian's story is really the story of the remarkable people who choose to work here. The hard work of our physicians, nurses, employees, board members and volunteers grew Presbyterian from a tiny tuberculosis sanatorium to a statewide healthcare system that serves more than 875,000 New Mexicans.

 

About Our Regional Delivery System

Presbyterian's Regional Delivery System is a network of six hospitals and medical centers throughout rural New Mexico including locations in Clovis, Espanola, Ruidoso, Santa Fe, Socorro and Tucumcari. Our regional facilities are home to more than 1,600 clinical and non-clinical employees who help make Presbyterian the state's largest private employer with nearly 14,000 statewide employees. With a variety of services ranging from general surgery to pediatrics to heart and cancer care, our regional employees are proud to provide close-to-home care for their communities.

We are part of New Mexico's history - and committed to its future. That is why we will continue to work just as hard and care just as deeply to serve New Mexico for years to come.

About New Mexico

New Mexico continues to grow steadily in population and features a low cost-of living. Varied landscapes bring filmmakers here from around the world to capture a slice of the natural beauty New Mexicans enjoy every day. Our landscapes are as diverse as our culture - from mountains, forests, canyons, and lakes, to caverns, hot springs and sand dunes.

New Mexico offers endless recreational opportunities to explore and enjoy an active lifestyle. Venture off the beaten path, challenge your body in the elements, or open yourself up to the expansive sky. From hiking, golfing and biking to skiing, snowboarding and boating, it's all available among our beautiful wonders of the west.

AA/EOE/VET/DISABLED. PHS is a drug-free and tobacco-free employer with smoke free campuses.

#NCS123

Maximum Offer for this position is up to:USD $81.62/Hr.Compensation Disclaimer:The compensation range for this role takes into account a wide range of factors, including but not limited to experience and training, internal equity, and other business and organizational needs.