Department:
12909 Enterprise Corporate - Leadership/Operations: Brad Clark
Status:
Full time
Benefits Eligible:
Yes
Hours Per Week:
40
Schedule Details/Additional Information:
N/A
Pay Range:
$114.70 - $183.50
Major Responsibilities:
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Serve as the accountable finance leader for financial operations, including managing performance of the clinical assets (wholly owned and joint venture/other partnerships) and influencing and supporting performance of academic, research, and corporate (administrative and clinical) assets and departments.
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Manages, plans and organizes the financial operations of the Georgia Market including financial performance, analytics and reporting, planning, budgeting and capital management.
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Directs completion and reviews/reports on financial performance. Identifies, assesses, documents, and monitors opportunities to maximize revenue and manage expenses to budget/forecast. Identifies and drives opportunities for savings with executive leadership team. Evaluates and improves financial operations and related policies to ensure that they best support an integrated approach to service delivery.
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Leads collaboration efforts with Georgia Market leadership, ensuring alignment, completion and maintenance of annual Long Range Financial Plan and operating and capital budget processes. Analyzes variances to budgets/forecasts and communicates such to Market and Division operations and finance leadership. Partners with operations leaders to ensure financial targets are met and/or exceeded.
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Serves as the advisor to Georgia Market leadership, for matters that affect its financial performance, including cultivating relationships with key matrix departments such as corporate accounting, managed health resources and reimbursement, revenue cycle and health information management, supply chain, human resources, nursing, information technology, facilities management, and others.
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Works collaboratively with operations management and corporate revenue cycle departments (Patient Access and Patient Financial Services, Health Information Management, Clinical Documentation Improvement, Reimbursement) to optimize revenue and performance and better understand/enhance payer and reimbursement trends.
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Standardizes work, processes and deliverables and ensures financial integration within and across the Market and individual patient care sites.
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Presents financial information to governance boards and subcommittees and Market/Division executive and management
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Assures compliance with accounting standards and regulatory requirements. Establishes, maintains and manages accounting policies and procedures. Maintains appropriate accounts and records and provides for the rigorous audit of the activities of the organization. Assures that appropriate reporting schedules and infrastructure are in place to meet the requirements of the various regulatory agencies.
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Represents NC/GA Division and Advocate Health CFO(s), as applicable, in advising Enterprise leadership via committee, working groups, project teams, etc., in the domains of revenue growth, expense management, and strategic planning, particularly for clinical/service line and corporate operations
Certification Required:
Education Required:
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Bachelor’s degree from an accredited college or university required
Work Experience Required:
Knowledge, Skills & Abilities Required:
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Comprehensive experience in senior financial management, including substantial experience in complex P&L management, financial reporting, accounting policy development, internal control design and remediation, systems implementation, not for profit tax compliance, and management of internal and external audit issues.
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Direct CFO or VP-Finance experience in a hospital or health system with multi-site, multi-disciplinary components, including comprehensive Medical Group/Service Lines is preferred.
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Deep understanding and experience with comprehensive revenue cycle management and reimbursement, as well as the systems that support the function and a measurable track record of success in cost management.
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Knowledge of fundamentals and advance practices in the field of financial management as it relates to integrated health systems and hospitals.
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Commitment to truth and transparency; leads with authenticity.
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Ability to quickly respond to organizational constraints and industry pressures which occur in an environment of intense change.
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In-depth understanding of the key business issues and emerging trends in the healthcare industry.
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Effectively represents the enterprise with elected officials, agency representatives and the community.
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Demonstrates capacity to rapidly analyze and synthesize relevant quantitative and qualitative information.
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Proven ability to conceptualize issues and develop pragmatic solutions.
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High energy, drive for results and focus on creating value on a sustained basis.
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Pursues innovation; drives the organization to advance the mission via breakthrough thinking.
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Visible and unifying leader.
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Ability to create and sustain outstanding interpersonal relationships; engenders trust and respect.
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Inspires excellence among staff and sets the tone for the organization’s further growth and success.
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Able to lead and influence change in a matrix environment.
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Possess strong management skills, ability to multi-task, and be able to direct and evaluate the performance of others
Preferred Job Requirements
Preferred Certification/License/Registration
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Professional certification such as a CPA and/or HFMA and ACHE designations is preferred
Preferred Education
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Master's degree in business, finance, accounting, healthcare administration or related advanced degree preferred
This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.
Our Commitment to You:
Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more – so you can live fully at and away from work, including:
Compensation
Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
Premium pay such as shift, on call, and more based on a teammate's job
Incentive pay for select positions
Opportunity for annual increases based on performance
Benefits and more
Paid Time Off programs
Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
Flexible Spending Accounts for eligible health care and dependent care expenses
Family benefits such as adoption assistance and paid parental leave
Defined contribution retirement plans with employer match and other financial wellness programs
Educational Assistance Program
Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.
About Advocate Health
Advocate Health is the third-largest nonprofit, integrated health system in the United States, created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois; Atrium Health in the Carolinas, Georgia and Alabama; and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care. Headquartered in Charlotte, North Carolina, Advocate Health services nearly 6 million patients and is engaged in hundreds of clinical trials and research studies, with Wake Forest University School of Medicine serving as the academic core of the enterprise. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs 155,000 teammates across 69 hospitals and over 1,000 care locations, and offers one of the nation’s largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to providing equitable care for all, Advocate Health provides more than $6 billion in annual community benefits.
The Area Vice President Financial Operations, Georgia serves as the senior financial leader for the Georgia Market and a key member of the executive leadership team. This role provides strategic and operational financial oversight, ensuring alignment with enterprise priorities while supporting market performance, growth, and long-term sustainability.
