Job Description

Healthcare Finance Decision Support Manager – StrataJazz

Location: Dover, Delaware
Work Arrangement: Onsite
Employment Type: Full-Time
Salary: $111,155 - $172,286 annually

Healthcare Finance Decision Support Manager – StrataJazz / Cost Accounting / Forecasting

We are seeking an experienced Healthcare Finance Decision Support Manager with strong StrataJazz / STRATA, hospital finance, cost accounting, budgeting, and financial forecasting experience.

This position will lead healthcare financial decision support activities including service line profitability, physician practice P&Ls, cost accounting, productivity reporting, financial modeling, rolling forecasts, reimbursement analysis, and strategic financial planning

Candidates should have significant experience working within a hospital, health system, or healthcare organization and hands-on experience with StrataJazz or STRATA Decision Support software

This is an onsite management position in Dover, Delaware.

Key Responsibilities

• Manage the healthcare Decision Support and Cost Accounting system, including STRATA / StrataJazz.
• Support and maintain StrataJazz Decision Support, Cost Accounting, Budgeting, and Forecasting functions.
• Prepare monthly service line Profit & Loss statements (P&Ls) and physician practice P&Ls.
• Analyze hospital and service line profitability, expenses, reimbursement, and financial performance.
• Develop financial feasibility studies for strategic initiatives and capital projects.
• Perform financial modeling including:
• ROI
• NPV
• IRR
• Payback period
• Cost analysis
• Reimbursement analysis
• Assist with implementation and ongoing maintenance of the STRATA rolling forecast module
• Lead budgeting, forecasting, productivity reporting, and financial variance analysis.
• Partner with hospital leadership to review service line financial performance and unfavorable budget variances.
• Develop financial and operational performance improvement recommendations.
• Validate healthcare cost structures and cost allocation methodologies.
• Generate financial reports supporting annual audits, cost reports, community benefit reporting, GME reporting, FEMA reporting, and Single Audits.
• Provide financial information for external reporting and rating agencies including S&P, Fitch, DAC, and EMMA.
• Train hospital managers and directors on productivity and financial decision support tools.
• Manage ad hoc financial analysis and executive reporting requests.
• Support ERP, financial system, leasing software, and decision support implementations.
• Mentor Decision Support and financial analysis staff.
• Work closely with Finance, Accounting, Revenue Cycle, Operations, Reimbursement, and executive leadership.

Requirements

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business, Healthcare Administration, or related field
• Minimum 10 years of experience in one or more of the following:
• Healthcare Finance
• Hospital Finance
• Decision Support
• Cost Accounting
• Budgeting
• Financial Planning & Analysis (FP&A)
• Financial Forecasting
• Hands-on experience with STRATA or StrataJazz financial software
• Strong healthcare or hospital industry experience.
• Experience with financial forecasting and budgeting
• Experience with hospital cost accounting and service line profitability
• Experience developing financial feasibility studies and financial models.
• Strong knowledge of ROI, NPV, IRR, and capital investment analysis.
• Strong Excel, analytical, reporting, and financial modeling skills.
• Experience presenting financial information to senior leadership.

Preferred Qualifications

• MBA, MHA, Master's in Finance, Accounting, or related discipline.
• Advanced experience with StrataJazz
• Experience with:
• StrataJazz Decision Support
• StrataJazz Cost Accounting
• StrataJazz Planning
• StrataJazz Forecasting
• Rolling Forecasts
• Service Line Profitability
• Hospital reimbursement or healthcare contracting experience.
• Physician reimbursement experience.
• Bundled payment experience.
• Healthcare or financial professional certification.
• Previous management or supervisory experience.