Director of Finance - HFMG/AMG/MSU-HCI
🔍 Troy, Michigan
GENERAL SUMMARY:
Reporting to the Vice President of Finance for the Henry Ford Medical Group and Ambulatory, the Finance Director will oversee the operational finance activities of Henry Ford Medical Group, Legacy Ascension Medical Group and MSU-HCI. The primary focus of the director will be on managing the operating and capital budgets for the above divisions and being a strategic partner to the Senior Henry Ford Health leaders responsible for said divisions.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
- Provides leadership and direction for the development of HFMG, Legacy Ascension Medical Group and other business divisions to contribute to the attainment of short and long range financial and business goals.
- Accountable for all aspects of financial performance and growth within areas of responsibility.
- Manages the month end financial process up to and including financial reporting to ensure leadership receives timely and accurate data.
- Provides explanation of variances and advises leadership on areas of opportunity and/or risk.
- Collaborate with said divisions to develop action plans in response to variance from budget including alignment and communication with key program and/or project stakeholders.
- Provide accurate and timely financial analyses and trends of services and overall program/project performance.
- Closely monitor financial and statistical data for early identification of trends.
- Oversee and manage the preparation of financial return on investment (ROI) requests and lookback reporting to determine financial viability and to ensure that financial resources are optimized.
- Prepare and present reports including ROIs to relevant boards and committees, including the Financial Oversight Committee.
- Directs the annual budget process for HFMG in concert with system assumptions working with other key leaders and departments.
- Directs the short- and long-term forecasting and ensures consistency with HFH system guidance.
- Provides training, continuing education, and development for staff members to ensure high levels of financial and operational acumen.
- Serves as a role model for leadership and creates an environment that recognizes the centrality of employee team members as our greatest resource.
- Collaborates with all levels of leadership, support staff and external resources to achieve vision and strategic direction for areas of responsibility.
- Facilitates a highly matrix approach in the development of services and displays the ability to work effectively within the HFH’s decision-making and organizational structure.
EXPERIENCE REQUIRED:
- Minimum of 5 -10 years of progressive financial experience within management roles.
- In depth analytical and strategic thinking skills.
- Prior finance team leadership experience required.
EDUCATION REQUIRED:
- Bachelor's Degree with a finance, accounting or business major, required.
Additional Details
This posting represents the major duties, responsibilities, and authorities of this job, and is not intended to be a complete list of all tasks and functions. It should be understood, therefore, that incumbents may be asked to perform job-related duties beyond those explicitly described above.
Overview
Henry Ford Health partners with millions of people on their health journey, across Michigan and around the world. We offer a full continuum of services – from primary and preventative care to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care and other health care retail. With former Ascension southeast Michigan and Flint region locations now part of our team, Henry Ford’s care is available in 13 hospitals and hundreds of ambulatory care locations. Based in Detroit, Henry Ford is one of the nation’s most respected academic medical centers and is leading the Future of Health: Detroit, a $3 billion investment anchored by a reimagined Henry Ford academic healthcare campus. Learn more at henryford.com/careers.
Benefits
The health and overall well-being of our team members is our priority. That’s why we offer support in the various components of our team’s well-being: physical, emotional, social, financial and spiritual. Our Total Rewards program includes competitive health plan options, with three consumer-driven health plans (CDHPs), a PPO plan and an HMO plan. Our team members enjoy a number of additional benefits, ranging from dental and eye care coverage to tuition assistance, family forming benefits, discounts to dozens of businesses and more. Employees 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.