The Manager of Financial Planning and Analysis will be responsible for budgeting, forecasting, analysis and reporting on programs financial results and operations. The Manager of FP&A will provide support, training, coaching and mentoring to Programs Leaders and staff on all financially related matters. The manager of FP&A will be also responsible for day-to-day finance operations, timely month-end and year-end close, compliance with RHD policies and procedures, GAAP standards and other regulatory requirements. This position requires strategic thinking combined with exceptional attention to details, strong organizational, analytical and interpersonal skills.
- Develop program annual budgets and forecasts of program revenues, expenses, and key performance indicators. Analyze trends, risks and opportunities; help in creating efficient operational models and implementing solutions and opportunities for cost reduction and increased profitability.
- Provide training and education on financial matters to program leaders and staff. Partner and collaborate with the divisional leaders in management of programs. Provide and/or participate in values-based performance evaluations, when applicable.
- Manage day-to-day and monthly financial and operational activities to safeguard assets and assure accurate and timely recording of general ledger transactions. Implement internal controls to ensure compliance with GAAP standards, regulatory requirements and all RHD internal Policies and Procedures.
- Manage month-end and year-end closes including general ledger review and recording of necessary adjustments and expense accruals to assure accurate and complete reporting of financial results. Analyze and report on variances of actual results to budget and forecasts.
- Work with the revenue cycle team and programs to assure that census and billable services are reported correctly and timely to ensure accurate recording of revenue. Participate in review and analysis of Accounts Receivable to assess financial risk.
- Prepare monthly and annual analysis and reports including supplemental schedules, cost reports, program-funded invoices, etc.
- Supervise financial analysts.? Provide values-based training, mentoring, and oversight.
- Ensure policies and procedures related to financial activities including cash receipts, credit cards, purchasing, accounts payable, payroll, fixed assets, journal entries, month end close and bank reconciliations are accurate and up-to-date.
- Oversee vendor contract maintenance and adherence ensuring compliance with FPCN/RHD contract policies. Develop annual review of vendor contracts for expiration, renewal, or replacement.
- Manage Fiscal Operations Manager, Financial Analyst, and Accountant.
- Manage the day-to-day and monthly financial activities of the Network: safeguard assets and assure accuracy and timely recording of general ledger transactions by implementing internal controls and checks across all departments. Ensure compliance with GAAP standards and regulatory requirements.
- Manage month-end and year-end closes, including: general ledger review and recording of necessary adjustments, expense accruals, and reporting on variances to budget and forecasts.
- Provide monthly financial package to program heads, directors, and managers with focus on key performance drivers.
- In collaboration with FPCN Director of Finance Operations, develop annual program/department budgets and monthly forecasts on revenues, expenses, and key performance indicators.
- Coordinate financial management and reporting for all grants including the HRSA grant.
- In collaboration with FPCN Revenue Cycle Manager, verify visit/encounter/productivity statistics and related revenue and bad debt recognition.
- n collaboration with FPCN Executive Director, FPCN Clinical Director, and FPCN Director of Finance Operations coordinate information for the submission of the annual UDS and Medicare Cost reports.
- Maintain internal control and review process for Accounts Payable, credit cards, and cash receipts.
- Assist with internal and contract compliance audits as needed.
- Create ad-hoc analyses and reports as requested.
- Complete all other duties as assigned.
- Bachelor’s degree in Accounting, Finance or Economics
- Minimum 5 years related experience, including 2 years of supervisory experience
- Healthcare experience preferred
- Financial systems experience in Financial Edge, Lawson, and/or Tagetik preferred, or other financial systems preferred
- Strong collaboration and demonstrated ability to establish relationships and build rapport with all stakeholders
- Excellent verbal and interpersonal communication skills
- Advanced proficiency in Microsoft Excel is essential, intermediate knowledge of Word recommended
- Strong analytical and critical thinking skills
- Excellent problem-solving skills and the ability to utilize multiple sources of information to determine solutions
- Self-motivated with the ability to apply and continually develop technical skills
- Ability to take initiative and accept ownership and responsibility for assigned projects
- Ability to establish priorities, coordinate work activities, multi-task, and meet deadlines in a dynamic, open work environment
- Ability to work in fast-paced open environment with accuracy and attention to detail
- Ability to work well in a team and independently
Family Practice and Counseling Network, a program of Resources for Human Development, is a network of federally qualified community health centers that provides person-centered, integrated and comprehensive health services to individuals and families across their lifespan. The Network promotes resiliency and well-being among patients, staff and surrounding communities. The Network consists of four health centers in Philadelphia – Abbottsford-Falls Family Practice & Counseling in the Northwest, the Stephen and Sandra Sheller 11th Street Family Health Services of Drexel University in the North, the Health Annex in the Southwest, and Annex West Philly housed in Action Wellness(formerly Action AIDS). Today the Network serves more than 23,000 patients annually, is an NCQA certified Patient-Centered Medical Home, and recognized by HRSA as a National Quality Leader for Behavioral Health.
RHD employees and programs in the City of Philadelphia are required to follow the COVID vaccine mandate. The City of Philadelphia has issued an Emergency Regulation Governing the Control and Prevention of COVID-19 Mandating Vaccines for Healthcare Workers and In Higher Education, Healthcare, and Related Settings (“Vaccine Mandate Regulation”), which mandates vaccine for healthcare workers and in higher education, healthcare, and related settings. This mandate became Effective on August 16, 2021 and requires Healthcare Workers and certain workers at Healthcare Institutions to be fully vaccinated by October 15, 2021. Fully vaccinated means it has been two weeks since the final dose of vaccine. The regulation does allow individuals to apply to RHD for an exemption based on a sincerely held religious belief that would prohibit vaccination for COVID-19 or because of medical conditions that preclude administration of one of the available vaccines.
Resources for Human Development is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, gender identity, sexual orientation, national origin, genetic information, veteran, or disability status.