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- 2215113
Job Accounting and Finance
Primary Location TN-Nashville-Medical Center North (MCN)
Organization Section Finance 104704
Shift Days
JOB SUMMARY:
Provides leadership in developing, analyzing, and conducting complex financial analyses to assess the viability of strategic and financial plans or support the institution’s opinion on compliance matters. Maintains the established goals of the organization with an emphasis on the independent analysis and reporting of financial information. Mentors and coaches staff.
KEY RESPONSIBILITIES:
Independently monitors performance of operations and financial reporting. Evaluates programs or reimbursement through the use, development, and modification of financial reports and/or models. Designs and implements strategies to generate compliant and accurate payment.
Collaborates with Section leadership to support the management of budgets, resource allocation, and financial plans, for the Section of Surgical Sciences
Assist in developing business plans and scenario modeling to understand the financial impact of decisions and various strategies.
Develop proformas with Section leadership to evaluate new programs or other strategic investments for (e.g. expansion analysis, new clinic programs, ancillary service offerings) in an efficient manner.
Assists in leading the transition to WorkDay for financial and accounting systems for the Section.
Leads operating and capital budget development efforts. Manages the annual operating and capital budget processes.
Oversee the preparation of the annual operating budget for Section. Requires evaluation of budget to ensure related volume data is consistent across business unit. Coordinate budget presentations by leadership, maintaining documentation for decisions and performing necessary follow-up.
Facilitate reconciliation of actual performance to budget expectations and reporting significant variances from budget. Work with Section and Finance leaders to analyze performance to budget and make recommendations to improve financial performance.
Prepare and deliver financial reports to executive management regarding Section operations, budgets and strategic planning efforts.
Analyzes future trends and indicators in related areas of interest. Reviews data to analyze trends affecting budget needs or compliance risks.
Performs both key and non-key account reconciliations for all assigned general ledger accounts and records adjusting journal entries as identified.
Generates and analyzes financial and accounting reports and records adjusting journal entries as identified.
Completes month-end, and year-end responsibilities in a timely manner.
Approves and verifies transactions and reconciles highly complex transactions and accounts. Prepares complex journal and closing entries as well as general ledger accounts.
Oversees capital submissions, tracking and reporting process for the Section and related areas.
Participates in cross-training as required.
Other duties as assigned.
CORE ACCOUNTABILITIES:
Organizational Impact: Delivers projects/assignments that have a direct impact on goals/objectives of the unit/department that the job is in.
Problem Solving/ Complexity of work: Conducts extensive analysis of situations or data to resolve numerous, complex issues; may involve the input/work of others.
Breadth of Knowledge: Has in-depth level of knowledge within a professional area and working knowledge of other areas.
Team Interaction: May lead mid-sized projects; coaches and guides team members.
Position requires analyzing unit operations to determine quality and value added opportunities (review of revenue cycle, cost accounting information, training, monthly slides, margin analysis) along with review of the programs/service lines in terms of efficiency or productivity.
***Required Qualifications***
Bachelor’s Degree (or equivalent experience) and 5 years relevant experience
PREFERRED QUALIFICATIONS:
MBA or advanced accounting or finance degree, and healthcare revenue cycle knowledge
View how Vanderbilt Health employees celebrate the difference they make every day:
Discover Vanderbilt University Medical Center:
Located in Nashville, Tennessee, and operating at a global crossroads of teaching, discovery and patient care, VUMC is a community of individuals who come to work each day with the simple aim of changing the world. It is a place where your expertise will be valued, your knowledge expanded and your abilities challenged. It is a place where your diversity — of culture, thinking, learning and leading — is sought and celebrated. It is a place where employees know they are part of something that is bigger than themselves, take exceptional pride in their work and never settle for what was good enough yesterday. Vanderbilt’s mission is to advance health and wellness through preeminent programs in patient care, education, and research.
VUMC Recent Accomplishments
Because we are committed to providing the best in patient care, education and research, we are proud of our recent accomplishments:
- US News & World Report: #1 Adult Hospital in Tennessee and metropolitan Nashville, named to the Best Hospitals Honor Roll of the top 20 adult hospitals, 10 nationally ranked adult specialty programs, with 3 specialties rated in the top 10 nationally, Monroe Carell Jr. Children’s Hospital at Vanderbilt named as one of the Best Children’s Hospital in the nation, with 10 out of 10 pediatric specialties nationally ranked.
- Healthcare’s Most Wired: Among the nation’s 100 “most-wired” hospitals and health systems for its efforts in innovative medical technology.
- Becker’s Hospital Review: named as one of the “100 Great Hospitals in America”, in the roster of 100 Hospitals and Health Systems with Great Oncology Programs and to its list of the 100 Hospitals with Great Heart Programs.
- The Leapfrog Group: One of only 10 children’s hospitals in the to be named at Leapfrog Top Hospital.
- American Association for the Advancement of Science: The School of Medicine has 112 elected fellows
- Magnet Recognition Program: Received our third consecutive Magnet designations.
- National Academy of Medicine: 22 members, elected by their peers in recognition of outstanding achievement
- Human Rights Campaign Healthcare Equality Index: 6th year in a row that Vanderbilt University Medical Center was a Leader in LGBTQ Healthcare Equality.
Vanderbilt Health recognizes that diversity is essential for excellence and innovation. We are committed to an inclusive environment where e
veryone has the chance to thrive and to the principles of equal opportunity and affirmative action. EOE/AA/Women/Minority/Vets/Disabled
Physical Requirements/Strengths needed & Physical Demands:
Sedentary category requiring exertion up to 10 lbs. of force occasionally and uses negligible amounts of force to move objects. Sedentary work involves sitting most of the time.
Movement
Occasional: Standing: Remaining on one’s feet without moving.
Occasional: Walking: Moving about on foot.
Occasional: Lifting under 35 lbs: Raising and lowering objects under 35 lbs from one level to another
Occasional: Carrying under 35 lbs: Transporting an object holding in hands, arms or shoulders, with help of coworkers or assistive device.
Occasional: Push/Pull: Exerting force to move objects away from or toward.
Occasional: Bending/Stooping: Trunk bending downward and forward by bending spine at waist requiring full use of lower extremities and back muscles
Occasional: Reaching above shoulders: Extending arms in any direction above shoulders.
Occasional: Reaching below shoulders: Extending arms in any direction below shoulders.
Occasional: Handling: Seizing, holding, grasping, turning or otherwise working with hand or hands.
Occasional: Bimanual Dexterity: Requiring the use of both hands.
Frequent: Sitting: Remaining in seated position
Frequent: Fingering: Picking, pinching, gripping, working primarily with fingers requiring fine manipulation.
Sensory
Continuous: Communication: Expressing or exchanging written/verbal/electronic information.
Continuous: Auditory: Perceiving the variances of sounds, tones and pitches and able to focus on single source of auditory information
Continuous: Vision: Clarity of near vision at 20 inches or less and far vision at 20 feet or more with depth perception, peripheral vision, color vision.
Environmental Conditions
