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Healthcare Finance Decision Support Manager - StrataJazz

FutureSoft ConsultingDover, Delaware

$111,155 - $172,286 / year

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Overview

Schedule
Full-time
Career level
Director
Remote
On-site
Compensation
$111,155-$172,286/year
Benefits
Career Development

Job Description

Description

Healthcare Finance Decision Support Manager – StrataJazz

Location: Dover, DelawareWork Arrangement: OnsiteEmployment Type: Full-TimeSalary: $111,155 - $172,286 annually

Healthcare Finance Decision Support Manager – StrataJazz / Cost Accounting / Forecasting

We are seeking an experienced Healthcare Finance Decision Support Manager with strong StrataJazz / STRATA, hospital finance, cost accounting, budgeting, and financial forecasting experience.

This position will lead healthcare financial decision support activities including service line profitability, physician practice P&Ls, cost accounting, productivity reporting, financial modeling, rolling forecasts, reimbursement analysis, and strategic financial planning.

Candidates should have significant experience working within a hospital, health system, or healthcare organization and hands-on experience with StrataJazz or STRATA Decision Support software.

This is an onsite management position in Dover, Delaware.

Key Responsibilities

  • Manage the healthcare Decision Support and Cost Accounting system, including STRATA / StrataJazz.
  • Support and maintain StrataJazz Decision Support, Cost Accounting, Budgeting, and Forecasting functions.
  • Prepare monthly service line Profit & Loss statements (P&Ls) and physician practice P&Ls.
  • Analyze hospital and service line profitability, expenses, reimbursement, and financial performance.
  • Develop financial feasibility studies for strategic initiatives and capital projects.
  • Perform financial modeling including:
    • ROI
    • NPV
    • IRR
    • Payback period
    • Cost analysis
    • Reimbursement analysis
  • Assist with implementation and ongoing maintenance of the STRATA rolling forecast module.
  • Lead budgeting, forecasting, productivity reporting, and financial variance analysis.
  • Partner with hospital leadership to review service line financial performance and unfavorable budget variances.
  • Develop financial and operational performance improvement recommendations.
  • Validate healthcare cost structures and cost allocation methodologies.
  • Generate financial reports supporting annual audits, cost reports, community benefit reporting, GME reporting, FEMA reporting, and Single Audits.
  • Provide financial information for external reporting and rating agencies including S&P, Fitch, DAC, and EMMA.
  • Train hospital managers and directors on productivity and financial decision support tools.
  • Manage ad hoc financial analysis and executive reporting requests.
  • Support ERP, financial system, leasing software, and decision support implementations.
  • Mentor Decision Support and financial analysis staff.
  • Work closely with Finance, Accounting, Revenue Cycle, Operations, Reimbursement, and executive leadership.
Requirements

Required Qualifications

  • Bachelor's degree in Finance, Accounting, Business, Healthcare Administration, or related field.
  • Minimum 10 years of experience in one or more of the following:
    • Healthcare Finance
    • Hospital Finance
    • Decision Support
    • Cost Accounting
    • Budgeting
    • Financial Planning & Analysis (FP&A)
    • Financial Forecasting
  • Hands-on experience with STRATA or StrataJazz financial software.
  • Strong healthcare or hospital industry experience.
  • Experience with financial forecasting and budgeting.
  • Experience with hospital cost accounting and service line profitability.
  • Experience developing financial feasibility studies and financial models.
  • Strong knowledge of ROI, NPV, IRR, and capital investment analysis.
  • Strong Excel, analytical, reporting, and financial modeling skills.
  • Experience presenting financial information to senior leadership.

Preferred Qualifications

  • MBA, MHA, Master's in Finance, Accounting, or related discipline.
  • Advanced experience with StrataJazz.
  • Experience with:
    • StrataJazz Decision Support
    • StrataJazz Cost Accounting
    • StrataJazz Planning
    • StrataJazz Forecasting
    • Rolling Forecasts
    • Service Line Profitability
  • Hospital reimbursement or healthcare contracting experience.
  • Physician reimbursement experience.
  • Bundled payment experience.
  • Healthcare or financial professional certification.
  • Previous management or supervisory experience.

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FAQs About Healthcare Finance Decision Support Manager - StrataJazz Jobs at FutureSoft Consulting

What is the work location for this position at FutureSoft Consulting?
This job at FutureSoft Consulting is located in Dover, Delaware, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at FutureSoft Consulting?
Candidates can expect a pay range of $111,155 and $172,286 per year.
What employment applies to this position at FutureSoft Consulting?
FutureSoft Consulting lists this role as a Full-time position.
What experience level is required for this role at FutureSoft Consulting?
FutureSoft Consulting is looking for a candidate with "Director" experience level.
What benefits are offered by FutureSoft Consulting for this role?
FutureSoft Consulting offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at FutureSoft Consulting?
You can apply for this role at FutureSoft Consulting either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.