Director Finance - Henry Ford West Bloomfield

Henry Ford West Bloomfield Hospital is a state-of-the-art medical facility renowned for its innovative approach to healthcare and commitment to patient-centered services.

HF West Bloomfield hospital offers a comprehensive range of services, including advanced medical treatments, wellness programs, and holistic care with dedication to quality and patient satisfaction.

We are seeking a highly skilled and experienced Director of Finance to join our dynamic team at HF West Bloomfield. The Director of Finance will play a pivotal role in overseeing the financial operations of the hospital, ensuring fiscal responsibility, and supporting strategic financial planning.

This position requires a strategic thinker with exceptional analytical skills and a deep understanding of healthcare finance.

The Director, Finance provides financial leadership for HF West Bloomfield Hospital (and its ambulatory locations), supporting executive and operational leaders.

Directs and oversees financial related activities including, but not limited to, financial reporting, budgeting, forecasting, expense management, service line profitability, financial analysis, business plans and other financial information to support operations in the identification and implementation of financial improvement plans and strategic planning.

Ensures achievement of Business Unit financial objectives and alignment with HFHS system operational and strategic goals and expectations.

The position reports to the Vice President and Regional Chief Financial Officer for HF West Bloomfield.

PRINCIPAL DUTIES AND RESPONSIBILITIES :

Accountable for the monthly financial reporting process to ensure leadership receives timely and accurate data. Provides explanation of variances and advises management as to the areas of significant variance from plan.

Prepares reports for leadership, boards and finance committees.

Directs the annual budget / forecast process for assigned Business Unit as well as short- and long-term financial forecasting and ensures consistency with HFHS system guidance.

Collaborates and partners with HFHS Strategic Planning in the development and support of short- and long-term strategic plans for assigned Business Unit.

Provides financial leadership and operational support relative to the implementation of business opportunities, challenges and risks, including financial analysis, critical review of programs and services and relevant capital expenditures.

Collaborates and partners with service line / department leaders on business plans to help achieve financial performance goals.

Develops business plans to determine financial viability and to ensure that financial resources are optimized, and short and long-term goals are achieved.

Oversees expense management reporting to help monitor expenses against budget while working with operational leaders to help identify expense savings opportunities.

Monitors financial systems to ensure data integrity and proactively identifies opportunities to improve processes and increase value of financial activities.

Manages and completes special projects and serves on various committees as assigned.

Maintains a working knowledge of applicable Federal, State and local laws and regulations, the Corporate Compliance Program, Code of Ethics, as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical and professional behavior.

EDUCATION & REQUIRED EXPERIENCE :

Bachelor’s Degree is required with a preferred emphasis in Finance or Accounting.

Master’s Degree preferred.

Approximately 7 years progressively more responsible work-related experience required.

Minimum 3 years of Healthcare experience required.

Management or supervisory experience preferred.

Additional Information

Organization : Henry Ford West Bloomfield Hospital

Department : HFWB Hospital Financial Srvs

Shift : Day Job

Union Code : Not Applicable