Budget Coordinator - Finance

Halifax Health is seeking a Budget Coordinator for the Finance Department.

This position will be responsible for all activities related to the maintenance, improvement, and use of the budget system (Strata EPSi) as it relates to developing and monitoring the annual operating budget of the health system. The candidate should have excellent verbal and written communication skills, as well as the ability to establish effective working relationships and manage multiple priorities. This position must have the ability to work at a detail level, provide analysis, lead meetings and present at an executive level. May act as a technical lead or team lead to other analysts on budget/financial planning team.

• Formal Education:  B.S. or B.A. degree in finance, accounting, or business administration. Masters degree in business or health administration preferred.

• Related Experience:  Minimum of three years in finance or accounting, with budgeting experience desired.  Experience with Microsoft Office, Strata EPSi, Meditech and other similar computer-based decision support systems.  Advanced experience with Microsoft Excel is desired.

• Skills and abilities:  Knowledge of budgeting, benchmarking and financial analysis; ability to handle large volume of diversified work and meet deadlines.  Excellent oral and written communication skills; ability to analyze and prepare financial schedules and reports; ability to prepare oral and written reports; work with general supervision and follow directions.  .  Ability to handle large volume of diversified work and meet deadlines.   Ability to work non-traditional hours when necessary required.  

•  Leads the preparation and coordination of the annual operating budget for the health system

  • Development of baseline budget within budgeting system at departmental level for each entity

    • Revenue and statistical forecasts

    • Expense budgets

    • Payroll budget

    • Depreciation/Capital expenditures/ROIs

    • Benefit costs

    • Insurance costs

    • Net revenue/reimbursement assumptions

  • Coordinates with other members of finance and accounting teams to assist in the development of the operating budget and related assumptions

    • Develops budget calendars/milestones

    • Assigns tasks/department assignments to other department team members

  • Develop budget presentations for internal and external meetings

    • Prepare Income Statement, Balance Sheet and Cash Flow for each entity

    • Statistics

    • Budget assumptions

  • Assists/leads analysis of margin improvements

  • Assist with compliance related reports for Ad Valorem taxes

  • Develops monthly budgets within the budgeting system (EPSi)

• Ensures the budget system (EPSi) is maintained and is accurate for GL, Payroll and Budget information

  • Data quality assurance / audits are established 

  • Monthly budget spread is created and is correct

  • Ability to create, generate and distribute reports

  • Ensure training is provide to end-users or the system

• Prepare and coordinate budget variance reports, presentations and other financial reports for management and administration on a recurring basis.

  • CEO monthly financial and budget information

  • Quarterly/Annual Compliance financial statements

  • Development of financial presentations for internal and external parties

  • Monthly budget reviews with manager at risk of achieving department budgets

• Analyzes budget projections and models for completeness; accuracy; and conformance with established procedures, regulations, and organizational objectives.

• May assist with updating the long range financial plan for the health system.

• May lead or assist in the preparation of month-end and quarterly financial and statistical reports and reporting packets for Outside agencies.

• Assists in the development, deployment, and maintenance of financial tools to identify/assist in operational improvements, efficiencies, and to stay within budget parameters. May also lead budgeted margin improvement initiatives for the health system.

  • Staffing Evaluation/Approvals

  • Staffing Productivity Analyses

  • Staffing compensation models and analysis

• Serves as a liaison with operational managers on financial, budget and accounting issues

• Maintain knowledge and understanding of the health system’s operations and financial reporting structure and applies such knowledge in the performance of defined responsibilities.

• Perform other duties incidental to the work described herein.