Dir- Finance Business Partner

Northern Light Health

Department: Admin Mbr Integrtn - Finance

Position is located: Northern Light Eastern Maine Medical Center

Work Type: Full Time

Hours Per Week: 40

Work Schedule: 8:00 AM to 4:30 PM

Summary:

The Director is responsible for leading in the preparation of member level long range financial plans, operating budgets, capital plans, and forecasts in accordance with corporate guidelines. This role will coordinate and sometimes self-perform financial analysis for entity level issues and initiatives; the role will be the primary conduit for the business to coordinate support from the centralized Strategic Finance & Analytics function. This role will report directly to the AVP, Financial Planning & Analysis at Home Office. In addition, this role will receive direction from and have frequent interaction with the SVP of Finance at assigned member organization.

Responsibilities:

• Act as a business partner to the entity (including entity level executives and department directors) including proactively providing entity level financial analysis and insights.
• Proactively advise and educate management on all aspects that financially impact operations.
• Present financial reports to entity leaders as appropriate.
• Proactively advise and educate management on all aspects that financially impact operations.
• Participate in leadership activities at the Entity level commensurate with other Directors at the entity.
• Develop and maintain key relationships with business counterparts to understand their requirements for financial data and analysis.
• Participate in performance improvement initiatives by acting as analytical support.
• Manage shared intake process for entity level information requests with HO Business Finance, including being part of rotational routing team for requests.
• Support entity-wide strategic planning, business prioritization and resource allocation processes with respect to finances, budgets, opportunities for cost reduction, and opportunities for growth.
• Receive and perform analysis over reports on the entity’s financial performance in all areas based on past, present and future operations, including variance analysis of actual to expected performance.
• Present financial reports to department leaders as appropriate.
• Develop and maintain key relationships with business counterparts to understand their requirements for financial data and analysis.
• Perform benchmarking analysis (financial and clinical cost) and ensure updates are provided to leadership on a regular basis.
• Utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the entity’s operations and business plans.
• Provide input to and support finance initiatives driven by entity leaders.
• Perform financial analysis for entity level issues and initiatives.
• Perform productivity reporting for the entity, utilizing standard tools and templates as issued by Corporate Financial Planning & Analysis.
• Oversee and conduct preparation of long-term financial plans for the entity.
• Oversee and conduct preparation of operating budgets and forecasts for the entity.
• Oversee and conduct preparation of capital budgets and associated business cases for the entity.
• Hold direct reports accountable for managing and developing their assignments to ensure goals are achieved.
• Provide ongoing feedback to the team to ensure they develop the skills and competencies required for effective planning and individual professional and personal career growth.
• Motivate and inspire the team by providing them with the information and tools they need to do their jobs well.
• Manage performance issues, discipline as necessary and address poor standards, ensuring department target.
• Responsible for performing financial analysis and performance tracking and analysis for the entity.
• Responsible for developing entity level long term financial plans, capital plans, operating budgets, and forecasts.
• Collaborate with Strategic Finance & Analytics and IT to manage shared intake process for entity level information requests.
• Collaborate with other finance and accounting functional areas.

Other Information:

Competencies and Skills

• Behaves with Integrity and Builds Trust: Acts consistently in line with the core values, commitments and rules of conduct. Leads by example and tells the truth. Does what they say they will, when and how they say they will, or communicates an alternate plan.
• Cultivates Respect: Treats others fairly, embraces and values differences, and contributes to a culture of diversity, inclusion, empowerment and cooperation.
• Demonstrates Emotional Intelligence: Exhibits a high level of self-awareness, self-management, other awareness and relationship management. Conducts themselves in an empathic, appropriate way, with a sense of humor and stimulates a collaborative work environment. Is respectful of the attitudes, feelings, or circumstances of others and aware of the influence of their own behavior on them. Is aware of relevant social, political, system, and professional trends and developments and uses this information for the organization's benefit.
• Develops Self and Others:Takes responsibility for engaging in professional self-development activities and programs. Strives to gain insight into their own values, strengths and weaknesses, interests and ambitions and takes action in order to enhance competencies and skills when possible. As a leader, encourages and guides employees towards growth opportunities to enhance performance and help them reach goals. Reviews and analyzes employees' strengths and weaknesses to distinguish their talents and development needs, and to ensure they are enhanced appropriately.
• Exercises Sound Judgment & Decision Making: Understands and processes complex information, which allows for appropriate and accountable conclusions. Does not react too quickly or slowly. Balances facts, goals, and potential approaches taking the appropriate criteria into account. Makes active decisions and commits oneself by communicating confidently and respectfully.
• Fosters Accountability: Creates and participates in a work environment where people hold themselves and others accountable for processes, results and behaviors. Takes appropriate ownership not only of successes but also mistakes and works to correct them in a timely manner. Demonstrates understanding that we all work as a team and the quality and timeliness of work impacts everyone involved.
• Practices Compassion: Exhibits genuine care for people and is available and ready to help; displays a deep awareness of and strong willingness to relieve the suffering of others.
• Resolves Conflict: Promptly acts to find alternatives/solutions when team members disagree. Addresses issues in a direct, honest, and appropriate manner. Handles conflicting interests diplomatically and helps to solve them. Transforms difficult situations into teachable moments using respect and accountability .

Education

• Required Bachelor's Degree

Required Experience

• 5 year/years of Relevant Work Experience

Working Conditions

• Need to drive to perform responsible duties.
• Work with computers, typing, reading or writing.
• Lifting, moving and loading 20 to 30 pounds.
• Prolonged periods of sitting.
• Prolonged periods of standing.
• Prolonged periods of walking.