DMC Sinai-Grace Hospital is DMCâ��s largest hospital, offering a comprehensive heart center, cancer care, gerontology, emergency medicine, obstetrics/gynecology and cosmetic services. Sinai-Graceâ��s joint replacement program features a revolutionary minimally invasive knee and hip replacement surgery that attracts patients from all over the country. Sinai-Grace operates more than 21 outpatient care sites and ambulatory surgery centers throughout Wayne and Oakland Counties and is one of 10 hospitals in the nation to be awarded a Robert Wood Johnson Foundation grant to help set the standards of cardiac care for hospitals and physicians throughout the nation.
Functions as the Hospital Controller responsible for budgeting, overall cost control, purchasing liaison, inventory and supply control, position control, and other financial matters as directed. Prepares and submits for approval the annual Operating Budget.
â�¢ Translates hospital objectives into departmental objectives. Assist operating management in identifying and implementing plans to achieve Budget objectives. Work with corporate Budget director to meet timing and data requirements.
â�¢ Establishes a Budget reporting process that focuses on measurable cost performance to complement and align with reporting for revenue elements. Integrates reporting input into senior management and corporate reports.
â�¢ Identifies cost control and cost management issues and recommends actions to resolve. Assists in the implementation of the corrective actions Meets regularly with department and senior operating management to review financial results; participates in senior management meetings involving financial issues.
â�¢ Investigates variances from budget or plan. Quantifies the variance in dollar terms, and distinguishes those variances between price/rate and volume factors.
â�¢ Prepares and submits for approval the annual Capital Budget. Works with Departments and Senior Management to develop a criterion bases selection process and to prioritize capital needs based on this process. Monitors the on going use of capital funds and reassessment of capital priorities as needed.
â�¢ Works with operating management to achieve cost and business objectives; establish cost control mechanisms that are easily understood by operating management. Establishes cost metrics that management can use to achieve financial objectives. Identifies cost control and cost management issues and recommends actions to resolve.
â�¢ Assists in the implementation of the corrective actions. Works with Department Management and Senior Management in the review of new and existing product lines, contracts and business ventures to provide in depth cost and financial analysis and make recommendations regarding financial issues.
â�¢ Approves personnel actions such as hires, fires, disciplines, etc. Ensures the timely completion of performance appraisals. Allocates resources to carry out necessities required by the organization. Monitors activities for and ensures compliance with laws, government regulations, JCAHO requirements and DMC policies. As directed, implements external and internal audit recommendations.
1. Bachelors Degree in Accounting, Business Administration, or related field or equivalent combination of education and experience. MBA or equivalent Advanced degree preferred.
2. Five Seven years experience in a progressively more responsible Health Care Financial position, experience with budgeting, cost accounting and financial analysis.
Job: Finance and Accounting
Primary Location: Detroit, Michigan
Facility: DMC Sinai-Grace Hospital
Job Type: Full-time
Shift Type: Days
Employment practices will not be influenced or affected by an applicantâ��s or employeeâ��s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship.
Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas with 112,000 employees. Through an expansive care network that includes United Surgical Partners International, we operate 65 hospitals and approximately 510 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers and other care sites and clinics. We also operate Conifer Health Solutions, which provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve.