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Manager, Financial Decision Support

University of Maryland Medical System
United Statesfull_timeVerifiedPosted 30 Jan 2025

About the role

Job Description

Job Summary

Provide supervision, management, and direction to financial and integration initiatives to deliver outcomes and results in support of achieving departmental and organizational goals. Promote integration of business operations, perform business process redesign, drive standard workflows, and ensure utilization of enterprise-wide business applications to yield sustained financial improvement in collaboration with leadership across the organization. Work is performed under limited supervision.

Primary Responsibilities

The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job responsibilities performed.

· Establish and build relationships with System and Member Organization leadership. Meet the needs of customers by pursuing improved courses of action, deliver products and services that meet customer needs, use customer feedback as a basis for improving outcomes and deliver value added services.

· Influence processes, outcomes, and behaviors to complete assignments in a timely and quality focused manner.

· Demonstrate an understanding of the issues and opportunities relevant to building, maintaining, and optimizing an enterprise-wide business applications software including data integrity and structural maintenance, user training and adoption, and future deployment of enhancements. Apply business knowledge and technology to problem solve and create new opportunities.

· Partner with senior and middle management to develop financial models to support business decisions. Execute transactional and integration services for System or Member Organizations.

· Provide high-quality, high-value reporting to customers on a continual basis.

· Responsible for the quality control of individual work and reviewing the work of others.

· Build and update functional dashboards to provide users with enhanced visibility into financial data across the corporate and member organization levels.

· Serve as the center for training and support to management and performance reporting systems.

· Coordinate training and continuous education for non-finance team members at Corporate or Member Organizations.

· Proactively identify and pursue opportunities to improve operational efficiency and effectiveness.

· Plan and execute work in connection with the needs of leadership. Develop, maintain and revise work plans as appropriate. Monitor initiative outcomes and performance improvement indicators. Develop presentations that are clear, accurate and informative.

· Responsible for the quality control of individual work and reviewing the work of others.

· Assist in the development, achievement, and evaluation of department goals, objectives, budget, and policies and procedures. Ensure the department operates within the parameters of the approved budget.

· Maintain communication with peers to review programs, provide feedback, and discuss new developments and exchange information. Share personal expertise and solicit expertise from peers.

· Serve as the primary Finance liaison for assigned departments/services. Provide technical finance support for budget preparation and reviewing actual to budget financial performance. Represent Finance for assigned planning and administrative committees throughout the System.

· Identify and resolve operational and performance gaps and obstacles; recommend/implement changes and improvements.

· Mentor staff in both technical and soft skills to craft a team of highly competent, consistent, thoughtful, and customer-centric financial experts.

· Evaluate staff effectiveness and develop/implement training programs to improve performance.

· Perform managerial functions including hiring, discipline, training and development, and preparing performance reviews in accordance with UMMS policies and procedures.

· Perform other duties as assigned.

Qualifications

Education & Experience - Required

· Bachelor’s degree in Finance, Accounting, Business Administration, Healthcare Administration, or related field.

· Five (5) years’ progressively responsible experience in roles including but not limited to finance, accounting, budgeting, financial planning and analysis, and data analytics.

· 1 year of supervisory/managerial experience.

Education & Experience - Preferred

· Experience in healthcare or similar industry.

Knowledge, Skills, & Abilities

· Proficiency in preparing and analyzing financial data and implementing changes to contain costs for fiduciary needs of the organization.

· Proficient mathematical and analytical sk

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Company

University of Maryland Medical System

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