Director Finance - Foundation

Interested in a career with both meaning and growth? Whether your abilities are in direct patient care or one of the many other areas of healthcare administration and support, everyone at Parkland works together to fulfill our mission: the health and well-being of individuals and communities entrusted to our care. By joining Parkland, you become part of a diverse healthcare legacy that’s served our community for more than 125 years. Put your skills to work with us, seek opportunities to learn and join a talented team where patient care is more than a job. It’s our passion.

Primary Purpose

Responsible for directing the operations, providing strategic oversight and maintaining the financial integrity of Parkland Health's Foundation. Accountable for ensuring compliance with state and federal regulations. Perform duties as a liaison between the foundation and the hospital system.

Minimum Specifications

Education

• Bachelor’s degree in accounting, finance, business administration or related discipline required.
• Master’s degree in accounting, Business Administration, or Public Administration preferred.

Experience     

• Seven (7) years of experience in a financial leadership position required.
• Four (4) years of experience in the non-profit sector required.
• Experience working in Foundation preferred.

Equivalent Education and/or Experience      

• Seven (7) years of experience in a comparable leadership position with a foundation may be considered in lieu of a bachelor’s degree.

Certification/Registration/Licensure

• Certified Public Accountant preferred.

Skills or Special Abilities       

• Excellent verbal and written communication skills including the ability to communicate effectively and professionally across disciplines and with a variety of constituents as well as the ability to articulate complex information in understandable terms.
• Demonstrated ability to coach and influence for results along with strong leadership skills.
• Excellent interpersonal skills with the ability to establish and maintain effective working relationships with diverse groups across and beyond the organization.   
• Strong analytical and reasoning skills.
• Ability to lead major organizational initiatives, accomplish results, and achieve measurable outcomes or goals. 
• Must be able to work in challenging situations involving competing interests, and high level-interdisciplinary groups. 
• Strong attention to detail and the ability to think independently.             
• Knowledge of generally accepted accounting principles (GAAP) as well as statutory accounting principles, practices, and internal controls.          
• Proficient computer, accounting software, and Microsoft Office skills.

Responsibilities

Strategy

• Develop and execute strategies to ensure timely achievement of desired financial outcomes for Parkland Health Foundation.
• Work collaboratively with Parkland Health Foundation leadership and key stakeholders to gain insight and drive execution of strategies to maintain financial and operational control of the organization.
• Responsible for Parkland Health Foundation’s long-range forecast modeling and processes.

Operations

• Develop a comprehensive financial program that accurately presents the financial position of the health plan in accordance with generally accepted accounting principles (GAAP).
• Oversee all financial related activities for business unit including developing and monitoring progress against annual budget and operating plan.
• Maintains appropriate internal control structure to ensure assets are properly protected and operations are conducted in accordance with local, state, and federal statutory requirements.
• Review monthly performance and financial results Parkland Health Foundation and provide recommendations to senior management.
• Leads the annual budget process for Parkland Health Foundation working in collaboration with senior management and Parkland Health financial planning/analysis to develop the annual budget as well as short and long-term financial goals.

Accounting and Reporting

• Provide leadership oversight of all financial reporting ensuring the integrity and accuracy of financial data, as well as compliance with federal, state, local, regulations, policies, and/or procedures.
• Responsible for financial analysis, identification of month-end financial drivers and forecasting.
• Prepare monthly financial statements and variance narratives including the supporting variance analysis and summary narrative for Parkland Health Foundation, Parkland Health leadership, and the Board.
• Coordinate treasury, banking functions, and reporting with Parkland Health’s Accounting and Treasury Departments.
• Review general ledger transactions and journal entries for accuracy and compliance with Financial Accounting Standards Board (FASB) and Generally Accepted Accounting Principles (GAAP).
• Act as a lead for Parkland Health Foundation’s annual audits performed by an external agency, as well as other audits performed by Parkland Health’s internal audit staff.
• Oversee the preparation and filing of all statutory financial statements, including Parkland Health Foundation’s annual 990 tax filing. Reviews quarterly and annual statements for accuracy and ensures timely reporting.

Fiscal Management

• Operationally responsible for the financial performance of assigned area(s).
• Promote activities to achieve operational efficiency.
• Manage the approved budget through frequent and regular monitoring. Implement written action plans to address variances adjusting strategies as necessary to meet budgetary targets.
• Consider operational outcomes and financial implications when making recommendations to implement new programs or modify current programs.
• Manage staffing levels within established targets.

Talent Management

• Recruit and retain talent with a variety of backgrounds, skills, experiences, and viewpoints that reflect the communities we serve.
• Promote and support a culturally welcoming, inclusive, collaborative, and highly engaged work environment where everyone feels empowered to bring their full, authentic selves to work.
• Accountable for orientation, ongoing education and training, and competency verification for all employees.
• Ensure Human Resource metrics (i.e., retention, vacancy, engagement) meet established targets. Utilize workforce metrics to monitor, identify, and respond to workforce trends.
• Annual performance appraisals are completed timely.
• Conduct regular meetings, inform team of changes in policy or procedure, and provide information regarding overall strategy and direction of the health plan.
• Mentor, coach, and support direct reports with building teamwork, professional development, and education to achieve optimal performance and develop talent.
• Ensure employee engagement survey participation rates and results meet established targets.
• Mandatory requirements are completed timely by employees.
• Required licensure, certification, and/or registry are current and in good standing for all employees.
• Employee performance is monitored and managed. Consult with the Office of Talent Management as appropriate regarding employee performance concerns and disciplinary action.

Professional Accountability

• Acts with the highest integrity and ethical standards while adhering to Parkland's Mission, Vision, and Values.
• Adheres to organizational and department policies, procedures, and guidelines.
• Completes assigned training, self-appraisal, annual health screening and other mandatory requirements timely.
• Attends required meetings and events.
• Recognizes and communicate ethical and legal concerns through the established channels of communication.
• Demonstrates accountability and responsibility by independently completing work, including projects and assignments on time, and providing timely responses to requests for information.
• Maintains confidentiality at all times.
• Performs other work as requested that is reasonably related to the employee's position, qualifications, and competencies.

Job Accountabilities

1. Identifies and analyzes the design of jobs, work processes, work flows, etc. for the area and implements appropriate changes to improve effectiveness, productivity, and efficiency that support the overall goals of the department and Parkland.
2. Stays abreast of the latest developments, advancements, and trends in the field by attending seminars/workshops, reading professional journals, actively participating in professional organizations, and/or maintaining certification or licensure. Integrates knowledge gained into current work practices.
3. Maintains knowledge of applicable rules, regulations, policies, laws and guidelines that impact the area. Develops effective internal controls designed to promote adherence with applicable laws, accreditation agency requirements, and federal, state, and private health plans. Seeks advice and guidance as needed to ensure proper understanding.
4. Develops and monitors annual budgets that ensure the department has the necessary funds to carry out the goals and objectives that have been established for the department.
5. Develops, implements, monitors, and revises annual goals and objectives for the department that support the missions and objectives of Parkland.
6. Selects, trains, schedules, motivates, supervises, and evaluates employees making recommendations for disciplinary actions up to and including termination, to ensure maximum utilization of individual and group capabilities. Ensures that assigned employees receive opportunities to further their knowledge.

Parkland Health and Hospital System prohibits discrimination based on age (40 or over), race, color, religion, sex (including pregnancy), sexual orientation, gender identity, gender expression, genetic information, disability, national origin, marital status, political belief, or veteran status. As part of our commitment to our patients and employees’ wellness, Parkland Health is a tobacco and smoke-free campus.