Job Posting: The Manager, Financial Reporting, is responsible for managing the process and staff associated with all financial reporting for Cedars-Sinai Medical Network (CSMN) including Cedars-Sinai Medical Care Foundation (CSMCF) and affiliated medical groups. In this role, the Manager assists the organization in ensuring accurate financial reporting by overseeing the financial reporting process. ESSENTIAL DUTIES AND RESPONSIBILITIES: 1. Manages all Financial Reporting to include CSMCF and Affiliated Stand Alone Groups. 2. Manages Financial Analysis Team to ensure accurate, informative and timely reporting of financial data and forecasting. 3. Manages the preparation of monthly RVU vs PSA analysis for all Affiliated Groups. 4. Manages the preparation of physician employment PL's, health plan PL's, CSMC Full Risk Analysis, ad hoc analysis and other financial reports as needed. 5. Oversees preparation of IBNR accruals using financial modeling. 6. Oversees preparation of FFS Accruals to ensure accurate revenue and AR balances. 7. Assists in the financial modeling of organizational strategic goals and initiatives. 8. Assists with the preparation of all Stand Alone Financial Reporting Packages to include PSA analysis, Dashboard and RVU Analysis. 9. Communicates and explains financial issues and provides guidance to management teams. 10. Ensures internal controls over financial reporting are effectively designed and executed. 11. Assesses risk and evaluation of the reliability, consistency and integrity of financial information in collaboration with executive management team. 12. Assists with development and implementation of financial reporting policies and procedures for CSMN. including the development and maintenance of Key Performance Indicators (KPI). 13. Assists Executive Director of Finance and executive leadership team on special projects that require financial analysis. 14. Provides training to staff on financial reporting, processes and systems. 15. Manages assigned personnel including: a) Manages key personnel activities, including the preparation of employee performance reviews; job interviewing and hiring; determination of raises, promotions, transfers, and terminations. b) Monitors conformity with policies and procedures. c) Monitors and adjusts staff workload, as appropriate. d) Monitors staff productivity. e) Encourages and teaches staff to support CSMN core values, policies, and procedures. f) Develops and coaches staff to ensure they have the skills necessary for optimum performance. g) Counsels employees regarding work, attendance, etc. as appropriate, and within departmental and organizational guidelines. Cedars-Sinai will consider for employment qualified applicants with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring.
Qualification Requirements/Preferences: Education Certifications/Licensure Experience Physical Abilities QUALIFICATIONS: EDUCATION AND/OR EXPERIENCE: Bachelor's degree in Accounting or Finance and 7 – 10 years' relevant work experience in Finance or Accounting departments, or equivalent combination of education and experience. Healthcare financial management experience is highly preferred. Strong supervision and prior management skills are required OTHER QUALIFICATIONS: Must have a broad understanding of healthcare financial reporting. Ability to manage lead and staff level personnel. Ability to provide financial data for analytical evaluation of business operations. Knowledge of PC applications including advance excel skills is required. Must be organized and able to meet ongoing as well as special time deadlines and work under pressure. Advanced Excel and Access experience is preferred. LANGUAGE SKILLS: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to compose financial reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers and executive directors. PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Requires prolonged sitting, some bending, stooping and stretching. Requires eye-hand coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator and other office equipment. Requires normal range of hearing and eyesight to record, prepare and communicate appropriate reports. WORK ENVIRONMENT: Normal office environment. Occasional evening or weekend work. ORGANIZATIONAL EXPECTATIONS: Demonstrates behavior that supports the Cedars-Sinai mission. Attends required orientation and training seminars. Meets production standards within established time requirements. Work product and performance meets quality standards. Demonstrates respect and positive interpersonal skills with patients, clients, the public, managers, and co-workers--a team player. Maintains confidentiality of patient care and business matters. Observes time, attendance and dress code standards. Protects the safety of others and of the physical plant and equipment, following institution policies, fire, safety and infection control regulations.
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scien...tists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major teaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competitive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.