Financial Performance Manager - Pharmacy

Primary Functions

• Planning, evaluating, coordinating, administering, implementing and reviewing of all pharmacy financial activities.
• Preparation of the expense and capital budgets, preparation of financial reports and statistics, analysis and assessment of financial benchmark data, assisting with the evaluation of new programs that could impact the finances of the pharmacy, in collaboration with Finance and Pharmacy Leadership.
• Support and management of daily financial business issues and challenges for the Pharmacy Department to include pharmacy charge capture, identify cost savings opportunities, to include 340B, and support implementation of efficient business operations.
• Complete ongoing financial performance analyses of new/existing contracts, programs, and services.
• Acts as a collaborative resource and financial performance expert for departments, divisions, leaders, administrators, etc. aimed at driving sound decision making through continuous fiscal monitoring and analysis of key performance indicators.
• Maintain responsibility for financial monitoring system, including monitoring and analysis of financial statements, budget variances, and performance indicators.
• Participate in Continuous Improvement activities and reporting including Model Line research and Financial Analysis.
• Develops and monitors operational and capital budgets, including revenue and all expenses.
• Aid in identifying, developing, and maintaining productivity measurements in relation to resources consumed.
• Ensure that opportunities for revenue generation are identified and investigated for potential implementation.
• Support personnel in the areas of scheduling, registration, and billing.
• Work to maximize profitability related to the revenue cycle.
• Conduct cost analyses for specific pharmacy programs, procedures, or activity as necessary or requested.
• Meet with department directors to review financial results and objectives.
• Communicates routinely with administrators and other personnel to ascertain satisfaction with the Finance department and its support to respective Pharmacy departments and divisions.
• Investigate and pursue potential resolution when issues arise.
• Attend meetings and participate in other departmental activities at Nemours Children's Health, FL and Nemours Foundation as appropriate.
• Ensure implementation and leadership consistency around department, hospital, practice, and/or Foundation procedures relating to expense reimbursements for meals, travel, dues, subscriptions, etc. and other policies as appropriate.
• Works as an integral member of both Finance and Pharmacy Leadership Teams on special projects as identified by respective Nemours Children's Health - Florida administrators/Directors/Managers.

Essential Functions

• Maintain responsibility for financial monitoring system, including monitoring and analysis of financial statements, budget variances, and performance indicators.
• Participate in Continuous Improvement activities and reporting including Model Line research and Financial Analysis.
• Develops and monitors operational and capital budgets, including revenue and all expenses.
• Aid in identifying, developing, and maintaining productivity measurements in relation to resources consumed.
• Ensure that opportunities for revenue generation are identified and investigated for potential implementation.
• Work to maximize profitability related to the revenue cycle.
• Conduct cost analyses for specific pharmacy programs, procedures, or activity as necessary or requested.
• Meet with department directors to review financial results and objectives.
• Communicates routinely with administrators and other personnel to ascertain satisfaction with the Finance department and its support to respective Pharmacy departments and divisions.
• Investigate and pursue potential resolution when issues arise.
• Attend meetings and participate in other departmental activities at Nemours Children's Health, FL and Nemours Foundation as appropriate.
• Ensure implementation and leadership consistency around department, hospital, practice, and/or Foundation procedures relating to expense reimbursements for meals, travel, dues, subscriptions, etc. and other policies as appropriate.
• Works as an integral member of both Finance and Pharmacy Leadership Teams on special projects as identified by respective Nemours Children's Health - Florida administrators/Directors/Managers.

Job Requirements

• Bachelor’s degree required, preferably in Accounting or Finance.
• Hospital, Physician Practice, Healthcare Accounting, or Finance related experience preferred.
• Healthcare experience in a mid-level accounting/finance role.
• Successful track record in fiscal performance leadership, process improvement, and meeting established goals and benchmarks.
• Strong analytical, communication, and financial leadership skills in addition to strong computer skills.
• Self-directed and organized, with the ability to work on multiple projects, prioritize work tasks and meet deadlines.
• Prior experience with budget development, financial forecasting, assessment of cost effectiveness of systems, people, space planning and personnel management.
• Reputation as a change agent with high degrees of influence regardless of the reporting relationships.
• Demonstrated success with applying performance improvement methodologies, project team facilitation and/or system development applications.
• Proven track record of working collaboratively with physicians and executive administration in a healthcare environment.