Job Information
UC HEALTH LLC Budget Manager in CINCINNATI, Ohio
UC Health is hiring a Budget Manager for the Finance Department. The manager will be responsible for producing an annual budget for The University Hospital, by cost center; working with department managers to analyze budget variances and identifying opportunities to improve financial performance. About UC Health UC Health is an integrated academic health system serving Greater Cincinnati and Northern Kentucky. In partnership with the University of Cincinnati, UC Health combines clinical expertise and compassion with research and teaching-a combination that provides patients with options for even the most complex situations. Members of UC Health include: UC Medical Center, West Chester Hospital, Daniel Drake Center for Post-Acute Care, Bridgeway Pointe Assisted Living, University of Cincinnati Physicians and UC Health Ambulatory Services (with more than 900 board-certified clinicians and surgeons), Lindner Center of HOPE and several specialized institutes including: UC Gardner Neuroscience Institute and the University of Cincinnati Cancer Center. Many UC Health locations have received national recognition for outstanding quality and patient satisfaction. Learn more at uchealth.com.
- B.S. in Accounting or Finance, MBA or CPA preferred
- Three years experience in a health care environment preferred
Join our team to BE UC Health. Be Extraordinary. Be Supported. Be Hope. Apply Today! At UC Health, we're proud to have the best and brightest teams and clinicians collaborating toward our common purpose: to advance healing and reduce suffering. As the region's adult academic health system, we strive for innovation and provide world-class care for not only our community, but patients from all over the world. Join our team and you'll be able to develop your skills, grow your career, build relationships with your peers and patients, and help us be a source of hope for our friends and neighbors. UC Health is committed to providing an inclusive, equitable, and diverse place of employment.
Evaluate annual budget targets provided and determine how best to achieve those targets, in part through development of Hospital departmental targets.
Financial analysis to support business decisions.
Evaluate and identify opportunities for improved charge capture with emphasis on items with the greatest impact on net revenue.
Develop and monitor the entire budget process for University Hospital.
Develop and maintain reports which monitor the financial performance of the Hospital.
Determine volume adjusted variances by analyzing per unit variances and utilizing flexible budget tools.
Research significant budget variances and follow up as needed.
Develop recovery plans for both expense and revenue variances.
Direct and oversee staff.
Institute charge standardization and an audit and review process to assist in improvements in charge capture processes and to assist in the explanations of budget variances.
Charge capture initiative will be performed in conjunction with Alliance charge capture/charge audit initiatives. Work with departments to identify new or changed procedures and work with Director of Charge Master Services to update related charges.
Assist senior management with financial analysis.
Communicate financial results to senior management and assist in developing strategic initiatives that will improve the financial performance of the hospital.
Perform complex financial analysis for evaluation and assessment of new and existing programs and services. Also assist in providing data for utilization review and payor appeals.
Handle inquiries from administrators, Alliance Finance, directors, and managers regarding accruals, expense transfers, budget adjustments, and other financial matters.
Work with both internal and out