Healthcare Finance Decision Support Manager – StrataJazz
Location: Dover, Delaware
Work Arrangement: Onsite
Employment Type: Full-Time
Salary: $111,155 - $172,286 annually
Healthcare Finance Decision Support Manager – StrataJazz / Cost Accounting / Forecasting
We are seeking an experienced Healthcare Finance Decision Support Manager with strong StrataJazz / STRATA, hospital finance, cost accounting, budgeting, and financial forecasting experience.
This position will lead healthcare financial decision support activities including service line profitability, physician practice P&Ls, cost accounting, productivity reporting, financial modeling, rolling forecasts, reimbursement analysis, and strategic financial planning.
Candidates should have significant experience working within a hospital, health system, or healthcare organization and hands-on experience with StrataJazz or STRATA Decision Support software.
This is an onsite management position in Dover, Delaware.
Key Responsibilities
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Manage the healthcare Decision Support and Cost Accounting system, including STRATA / StrataJazz.
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Support and maintain StrataJazz Decision Support, Cost Accounting, Budgeting, and Forecasting functions.
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Prepare monthly service line Profit & Loss statements (P&Ls) and physician practice P&Ls.
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Analyze hospital and service line profitability, expenses, reimbursement, and financial performance.
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Develop financial feasibility studies for strategic initiatives and capital projects.
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Perform financial modeling including:
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ROI
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NPV
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IRR
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Payback period
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Cost analysis
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Reimbursement analysis
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Assist with implementation and ongoing maintenance of the STRATA rolling forecast module.
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Lead budgeting, forecasting, productivity reporting, and financial variance analysis.
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Partner with hospital leadership to review service line financial performance and unfavorable budget variances.
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Develop financial and operational performance improvement recommendations.
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Validate healthcare cost structures and cost allocation methodologies.
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Generate financial reports supporting annual audits, cost reports, community benefit reporting, GME reporting, FEMA reporting, and Single Audits.
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Provide financial information for external reporting and rating agencies including S&P, Fitch, DAC, and EMMA.
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Train hospital managers and directors on productivity and financial decision support tools.
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Manage ad hoc financial analysis and executive reporting requests.
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Support ERP, financial system, leasing software, and decision support implementations.
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Mentor Decision Support and financial analysis staff.
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Work closely with Finance, Accounting, Revenue Cycle, Operations, Reimbursement, and executive leadership.
Requirements
Required Qualifications
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Bachelor's degree in Finance, Accounting, Business, Healthcare Administration, or related field.
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Minimum 10 years of experience in one or more of the following:
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Healthcare Finance
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Hospital Finance
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Decision Support
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Cost Accounting
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Budgeting
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Financial Planning & Analysis (FP&A)
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Financial Forecasting
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Hands-on experience with STRATA or StrataJazz financial software.
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Strong healthcare or hospital industry experience.
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Experience with financial forecasting and budgeting.
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Experience with hospital cost accounting and service line profitability.
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Experience developing financial feasibility studies and financial models.
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Strong knowledge of ROI, NPV, IRR, and capital investment analysis.
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Strong Excel, analytical, reporting, and financial modeling skills.
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Experience presenting financial information to senior leadership.
Preferred Qualifications
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MBA, MHA, Master's in Finance, Accounting, or related discipline.
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Advanced experience with StrataJazz.
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Experience with:
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StrataJazz Decision Support
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StrataJazz Cost Accounting
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StrataJazz Planning
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StrataJazz Forecasting
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Rolling Forecasts
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Service Line Profitability
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Hospital reimbursement or healthcare contracting experience.
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Physician reimbursement experience.
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Bundled payment experience.
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Healthcare or financial professional certification.
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Previous management or supervisory experience.
