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Job Description
Responsible for Transformation Office (aka Pebble Project) financial reporting including actual spend, variance analysis, forecasting, and budgeting. Assists with the development of annual budgets and financial forecasts. Assists with preparation of financial forecasts in conjunction with the quarterly calendar and the strategic planning process. Assists with the annual administrative expense allocation model. Assists with annual data collection for administrative expense and operational metric benchmarking surveys. Act as a technical liaison through the completion of ongoing monthly, quarterly, and annual reporting requirements. Individual must be able to understand, maintain, and implement changes within the financial software from an advanced-level technical perspective.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
Leads Transformation Office financial reporting, including:
- Producing weekly financial summary reports including data by project, program, and portfolio. o Regularly updating forecast documents for each project, program, and portfolio.
- Partnering with the Transformation Office to maximize value of reporting.
- Demonstrate agility to respond to Transformation Office, Project Managers, and SLC requests for reporting or data.
- Coordinate data on a regular basis to be added to Tableau for dashboard and visual reporting.
- Attend all meetings regarding Transformation Office Finance and Project financial check-ins.
Assist with monthly administrative expense variance analysis, including BPR comment analysis, assisting in forecast discussions with functional departments, and identifying/analyzing spending trends.
Administrative Budget and Forecast duties:
- Assist with the creation and execution of budget and forecast plan files within the Axiom software.
Revenue and Medical Expense budget and forecast duties:
- Assist with the creation and execution of budget and forecast plan files within the Axiom software.
- Assist in entering assumptions into the Axiom budget and forecasting system.
Assist with maintenance of the Axiom Financial System:
- Act as a technical resource in:
Making needed corrections or updates to the Production environment.
Updating or correcting existing reports as needed.
Complete data extractions via data mining.
Continuous learning to become an expert in the budget, rolling forecast, and report modules.
Assist with the completion of the annual administrative expense allocation model. Process includes annual survey of departments to obtain information for allocating departmental costs.
Assist with gathering and submitting all administrative expense and operational metrics data for benchmarking surveys. Also responsible for analyzing completed surveys for any outlier benchmarks.
Maintain a focus on process improvement with implementing efficiencies and changes as needed or recommended.
Maintain a focus on continual learning and attend internal and external education sessions.
Perform other related duties as assigned.
EDUCATION/EXPERIENCE REQUIRED:
- Bachelor’s Degree with a major in Business, Finance or Accounting, required. Masters preferred.
- Minimum two (2) years overall progressive experience in budgeting/forecasting.
- Minimum two (2) years of work experience in health care finance.
CERTIFICATIONS/LICENSURES REQUIRED:
- Must meet or exceed core customer service responsibilities, standards and behaviors as outlined in the HFHS’ Customer Service Policy and summarized below:
Communication
Ownership
Understanding
Motivation
Sensitivity
Excellence
Teamwork
Respect
- Must practice the customer skills as provided through on-going training and in-services. Must possess the following personal qualities:
Be self-directed
Be flexible and committed to the team concept
Demonstrate teamwork, initiative and willingness to learn
Be open to new learning experiences
Accepts and respects diversity without judgment
Demonstrates customer service values
PHYSICAL DEMANDS/WORKING CONDITIONS:
Normal office environment with minimal exposure to noise, dust, or extreme temperatures.
Overview
Under the leadership of President and CEO Wright L. Lassiter, III, Henry Ford Health is a
$6 billion integrated health system comprised of six hospitals, a health plan, and 250+ sites
including medical centers, walk-in and urgent care clinics, pharmacy, eye care facilities and
other healthcare retail. Established in 1915 by auto industry pioneer Henry Ford, the health system
now has 32,000 employees and remains home to the 1,900-member Henry Ford Medical Group, one
of the nation’s oldest physician groups. An additional 2,200 physicians are also affiliated with the
health system through the Henry Ford Physician Network. Henry Ford is also one of the region’s
major academic medical centers, receiving between $90-$100 million in annual research funding and
remaining Michigan’s fourth largest NIH-funded institution. Also an active participant in medical
education and training, the health system has trained nearly 40% of physicians currently practicing
in the state and also provides education and training for other health professionals including nurses,
pharmacists, radiology and respiratory technicians. visit HenryFord.com.
Benefits
Whether it’s offering a new medical option, helping you make healthier lifestyle choices or
making the employee enrollment selection experience easier, it’s all about choice. Henry
Ford Health has a new approach for its employee benefits program – My Choice
Rewards. My Choice Rewards is a program as diverse as the people it serves. There are
dozens of options for all of our employees including compensation, benefits, work/life balance
and learning – options that enhance your career and add value to your personal life. As an
employee you are provided access to Retirement Programs, an Employee Assistance Program
(Henry Ford Enhanced), Tuition Reimbursement, Paid Time Off, Employee Health and Wellness, and a whole host of other benefits and services. Employee’s classified as contingent status are not eligible for benefits.
Equal Employment Opportunity/Affirmative Action Employer
Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health is
committed to the hiring, advancement and fair treatment of all individuals without regard to
race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height,
weight, marital status, family status, gender identity, sexual orientation, and genetic information,
or any other protected status in accordance with applicable federal and state laws.
