Description
General Summary of Position
Provides central oversight and expertise related to business development activities across the health system, working closely with the Assistant Vice President Budget, Financial Forecasting and Capital and Vice President, Operational Finance, Planning & Analysis. Collaborates with business development resources across the system to provide pipeline reporting and standardized reporting and evaluation metrics. Leads due diligence activities for major opportunities to include: input, development, and review of pro forma projections; review of documents; project management and other due diligence activities. Participates in committees planning future System acquisitions and due diligence. Oversees the detailed quantitative analysis associated with capital and operational investments throughout the System. Develops, employs and assesses uniform capital investment criteria and through a formal review process to evaluate major investment decisions. Reviews investment opportunities individually for projected financial performance, strategic importance and relevance to the mission and strategies of MedStar Health as part of the annual operating and capital budget and capital management process. Measures subsequent project performance to assure the ongoing financial strength of the organization and validate expected results. The types of investments that may require analysis are inclusive of the following: facilities and equipment (including IT), property, business acquisitions and partnerships, network development, system initiatives, divestitures, and physician recruitment/arrangements. Works collaboratively with the AVP-Budget, Financial Forecasting and Capital Management, centralized operational leaders, specific entity operations and finance teams.
Primary Duties and Responsibilities
Minimum Qualifications
Education
- Bachelor's degree in Business, Finance, Economics or Accounting. required and
- Master's degree Business Administration preferred
Experience
- 5-7 years Related experience. required
Knowledge, Skills, and Abilities
- Excellent problem-solving skills and ability to exercise independent judgment. Must be able to plan, prioritize and coordinate time to effectively deal with multiple projects.
- Strong business acumen, analytical, financial modeling and leadership skills.
- Excellent verbal and written communication skills with ability to effectively interact with all levels of management, internal departments and external agencies.
- Working knowledge of various computer software applications.
This position has a hiring range of $131,497 - $256,630
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