Director Finance-Southwestern Health Resources

Director Finance-Southwestern Health Resources

Southwestern Health Resources (SWHR) is a patient-centered clinically integrated network of 29 hospital locations and more than 5,500 physicians and other clinicians. Formed by Texas Health and UT Southwestern, two of the region’s leading healthcare systems, SWHR delivers nationally preeminent, highest-quality care in 16 counties across North Texas. SWHR is also the parent organization of Care N’ Care Insurance Co., a regional Medicare Advantage Plan serving more than 13,500 members in the region. 
 
The SWHR network includes physicians from UT Southwestern and Texas Health, and independent community primary care and specialty physicians. In partnership, our team implements physician-driven, value-based care strategies to coordinate care for more than 700,000 patients, resulting in lower costs and high-quality care.  In 2020, the Centers for Medicare & Medicaid Services released the annual financial and quality results and, based on the report, SWHR is one of the nation’s leading Next Generation Accountable Care Organizations, having saved nearly $120 million since joining the program in 2017.   
 
At the heart of SWHR are people who help people. We care about those we serve and each other.  To be the national leader in providing population-based healthcare, our more than 850 employees use their knowledge, data insights and clinical experience to deliver care to the right patient, at the right time and in the right setting. By connecting physicians to patients and clinical insights to better outcomes, SWHR lowers costs, optimizes value, and builds a better healthcare system for all.  

Position Summary

Responsible for financial management strategy and contribute to the development of strategic goals. This position will be charged with developing and implementing sophisticated policies and procedures both in the financial and general operational realms.

The duties will include but not be limited to establishing targets, developing budgets, and performing financial analysis. This position will directly report to the VP of Finance/CFO and work closely with each department within the organization.

·  Work location: Southwestern Health Resources Headquarters, Farmers Branch, TX.

Position Duties

Financial Responsibilities
Develop financial models for reporting, forecasting and internal analytics
Participate in monthly financial review meetings
Works closely with leadership to ensure financial responsibility and attainment of goals
Development of a contractual review playbook for revenue from a financial respective to ensure completeness and accuracy of reporting.
Cash management and develop strategic cash planning
Help develop higher performance standards leading to profitability and optimization along with leading cost savings opportunities
Monitor the performance of all LOBs and identify areas of opportunity

Strategy, Vision and Business Development Leadership:
Ownership of the preparation and review of all committee and board presentation materials as well as gathering and organizing all supporting documentation prior to final approval of VP Finance/CFO
Oversee the financial strategic planning of the company by evaluating its performance and potential risks.
Responsible for the aggregation and packaging of presentation materials from participating departments in a timely manner
Lead strategic ideas into working plans, evolving the financial planning framework (budgeting/forecasting), and decision support activities
Advise leadership and key members of senior management on financial planning, budgeting, cash flow investment priorities and policy matters
Responsible for any adhoc project and reporting requested from leadership

People Development/Leadership:
Oversee, direct and organize the work of the finance and operations teams
Develop and implement a training program to ensure the staff members receive appropriate training and development
Promote a culture of high performance and continuous improvement that values learning and commitment to quality.
Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance
Create a mentoring and development program for staff using a collaborative approach; set accountabilities; set objectives; establish priorities; and monitor and evaluate results.

Essential Functions
Actively participate in quality improvement within the finance department and the organization
Directly interface with all departments to ensure collaboration and proper knowledge transfers
Implement proper and detailed department processes and procedures to adhere to performance standards