Manager Budget & Business R40829

Req#: R40829
Category(s): Finance, Budget
Full Time / Part Time: Full-Time
Shift: First

Note:

The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range.

Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees.

Minimum – Midpoint – Maximum

$ – $ – $

Location:

280 Chestnut St;
Springfield MA

Schedule:

Monday-Friday; 40hrs per week; dayshift.

The Manager of Budget and Business Performance is responsible for managing the day-to-day responsibilities of the BFMC, BWH, BNH, and BHH budget process to ensure Baystate continues to execute on its goals. The scope of responsibility for this Manager includes approximately $357M in operating expenses, 1,500 FTEs, and 300+ cost centers. Included in the Manager's responsibilities are the oversight and coordination of budget trainings with operational areas, ensuring the budget process adheres to timelines, and continuous monitoring of budget to actual performance once entity budgets receive board approval.

During the fiscal year, this position will also be responsible for the compilation of periodic reports which contain real-time productivity, volume, and contribution margin for operational leaders to act upon. The duties of this position require exemplary MS office and Budget Performance Management software skills. The budget department is a consistent recipient of special, ad-hoc, projects and initiatives throughout the year.

With assistance from staff and instruction from the Director, this Manager will be responsible for development, execution, and completion of these special projects.

Budget liaison staff across BFMC, BWH, BNH, and BHH will report to the Mgr of Budget & Business Performance. The Manager will lead these members on a day-to-day basis to orient, train, develop and enhance the specialized skills required for budget. This Manager reports to the Director of Financial Analysis & Business Performance. In accordance with BH policies, the Manager will monitor the performance of team members and make recommendations regarding merit adjustments, hiring, promoting, and other HR/ personnel related activities.

In additional to directly managing the day-to-day budget duties of BFMC, BWH, BNH, and BHH, this position is also responsible for ensuring finance leaders across the Baystate Health organization are all following consistent processes and timelines.

In addition to technical and team leadership requirements of this function, it is also imperative this Manager also have strong, open relationships with operational leaders as this Manager, along with the Director of Financial Analysis & Business Performance, will serve as key points of contact in the budget development and review process. This position will have consistent interaction with senior leadership.

• Maintaining and directing multiple budget department team members to ensure department deliverables are produced timely and accurately.
• Review financial statements and KPIs to present monthly financial information at the Baystate close meeting.
• Develops and implements educational programs for budget staff, operations staff, and senior management related to the budget process, key performance indicators, benchmarking, productivity, and the business performance management software application.
• Responsible for the implementation, development, and maintenance of the budget function through the use of business performance management software system. Development of consistent reporting of financial information (budget variances, KPIs, productivity standards, flex reporting, benchmarking, etc.) for BFMC, BWH, BNH, and BHH, and coordination of variance explanations and corrective action plans.
• Responsible for investigating, communicating, and understanding significant budget to actual variances within…