MANAGER BUDGETS

Responsibilities

• Work with the Finance Team and Performance Management to develop the organization’s annual budget.
• Manage the development of the organization’s annual budget which includes:
• Reconcile all Strata (budget software) data loads
• Prepare current year projections
• Prepare and validate payroll information
• Prepare budget reports for Senior Management meetings
• Aid in preparing budget books and presentations
• Manage staff responsible for budget reporting and analysis in a way that supports the department’s goals and objectives
• Participate in identifying enhancements to the budget model
• Maintain the budget calendar and inform departmental managers of due dates for budget submission
• Act as an advisor to department managers in formulating their budget submissions
• Review managers' budget proposals for completeness, accuracy, and compliance with hospital policies
• Help identify cost savings through review of current year expenditures while working with managers to develop their budgets
• Examine whether budget submissions can be achieved based on known organizational constraints and inform management of potential problem areas
• Work with Performance Management to develop a capital budget
• Develop a cash projection in conjunction with the annual budget
• Monitor and report on the capital budget throughout the year and notify management of potential areas of concern
• Combine departmental and company budgets together into a consolidated budget
• Ensure timely production and distribution of department head reports
• Assist in the development and implementation of a new process to be completed quarterly wherein department heads will be required to formally report on their cost center variances and project the remainder of the year versus budget
• Meet with managers monthly to review and explain budget discrepancies and develop steps to minimize or eliminate the discrepancies before yearend close
• Monitor compliance with the budget through review of contracts and detailed general ledger analysis
• Prepare monthly metric reports to be used by departments
• Aid in the month end closing process through general ledger review and the preparation of required journal entries and supporting schedules
• Prepare all salary and benefit analysis as compared to budget
• Aids in special projects, ad hoc analysis and other requests from the Director of Finance and senior management
• Performs other duties as required to meet the needs of the department

Qualifications/Requirements

• Experience: 5+ years of budgeting and accounting experience
• Education: Bachelor’s Degree in Accounting or Finance
• Licenses / Certifications: N/A
• Other: Solid knowledge of Generally Accepted Accounting Principles and ability to learn Government Accounting Standards. Experience in working with enhanced ERP systems. Advanced Excel skills.