Job Description

JOB TITLE: Executive Consultant, Finance

SUPERSEDES: *NEW*

FLSA: Exempt

JOB CODE: 0204

ISSUED: 12/2023

REVISED: *NEW*

BASIC FUNCTION AND RESPONSIBILITY

The Executive Consultant, Finance delivers expert financial leadership and consultation to the CEO (Chief Executive Officer) of MU Health Care specifically related to the Capital Region Medical Center location. This role requires leveraging extensive financial expertise and historical knowledge to support critical decision-making, optimize financial performance, and enhance operational processes.

ESSENTIAL FUNCTIONS

Collaborate closely with the CFO (Chief Financial Officer) of MU Health Care to develop and refine the hospital's financial strategy, utilizing historical financial data and insights to inform future objectives.

Serve as a repository of institutional financial knowledge, drawing upon historical financial records, budget data, and past financial challenges to provide context for decision-making and process improvement.

Conduct in-depth analysis of historical financial reports, budgets, and trends to provide actionable insights and recommendations for strategic decision-making. Identify opportunities to optimize financial performance and resource allocation.

Act as a trusted advisor to the CFO and CEO, providing insights and recommendations rooted in historical financial perspectives. Offer guidance on how historical financial processes can be enhanced.

Assist in preparing financial materials for board meetings, incorporating historical financial data and insights to provide a comprehensive overview of the institution's financial history and performance.

Leverage historical relationships with internal and external stakeholders to foster positive collaboration and enhance the hospital's financial reputation.

Oversee and lead special financial projects and initiatives as directed by the President, using historical financial data to shape project scope, objectives, and expected outcomes.

Utilize historical knowledge of compliance requirements and past financial regulatory challenges to guide the President in mitigating risks and ensuring adherence to financial regulations within the healthcare sector.

Collaborate in developing and delivering clear and effective financial communication strategies, incorporating historical financial perspectives to align with the hospital's mission and values.

May complete unit/department specific duties as outlined in department

documents.

KNOWLEDGE, SKILLS AND ABILITIES

Proven experience in healthcare leadership or consulting roles, with a demonstrated ability to apply historical insights.

Strong understanding of the healthcare industry, including regulatory compliance and healthcare trends, with a historical perspective.

Excellent analytical, problem-solving, and decision-making skills.

Exceptional interpersonal and communication skills.

Ability to maintain confidentiality and exercise discretion.

Strong project management skills and attention to detail.

Strong knowledge of Capital Region Medical Center leadership, finance, and operations.

SUPERVISION RECEIVED

Supervision is received from the Chief Financial Officer, MU Health Care.

SUPERVISION EXERCISED

None.

REQUIRED QUALIFICATIONS

Bachelor's degree in finance, accounting, or a related field.

PREFERRED QUALIFICATIONS

Master's degree in finance, accounting, or a related field.

Additional license/certification requirements as determined by the hiring department.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met with or without reasonable accommodation. The performance of these physical demands is an essential function of the job. The employee may be required ambulate, remain in a stationary position and position self to reach and/or move objects above the shoulders and below the knees. The employee may be required to move objects up to 10 lbs.

PERFORMANCE EXPECTATIONS

This position is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job; however, completion of these duties is a measure of successful performance. Employees of this job classification are subject to performance reviews. Basic function, responsibilities and characteristics duties may change at any time with or without notice.

SAFETY SENSITIVE STATUS

This position is considered safety sensitive.

This document is a general description of typical job duties, responsibilities and qualifications of employees holding the associated job title. Additional duties, specific qualifications and work emphasis may vary between individual positions.