SUPERVISOR'S TITLE: Business Director I or Business Director II
TITLES SUPERVISED: Administrative; Customer Service and Financial Support staff
TOTAL NUMBER OF FTEs DIRECTLY SUPERVISED: Minimum of 3
PURPOSE OF POSITION: Business Manager will provide administrative leadership for the business and operations functions of the specified division(s) within a department. Position is accountable for financial and revenue management; business operations; human resources management; information management and quality management in partnership with and support of the Business Director/Clinical Director.
In collaboration with Director, develop, implement and evaluate the division's annual and capital budget to achieve the organizational and divisional objectives; monitor internal controls for cash management; maintain and monitor financial controls; ensure accounts receivable management; analyze and monitor financial performance and assist in the reporting of financial results; evaluate variances, determine underlying causes and identify, present, and implement proposed solutions; establish and monitor productivity metrics; accountable for compliance with organizational financial policies and procedures
Provide support for revenue cycle management, including: optimizing revenue, ensuring complete and accurate physician and/or hospital billing and compliant coding, monitoring associated charge capture, competitive pricing, developing/expanding programs; effective denial management; and monthly revenue reporting.
Manage work flow to ensure timely and high quality task completion and effective distribution of work across support staff. Administer payroll, human resource procedures, office procedures and related work flow. Manage projects related to office programs or processes. Monitor business processes to ensure effective and efficient operations; monitor efficient patient flow patterns to maximize clinical and staff efficiency; develop and implement policies and procedures for improved utilization and operations; identify opportunities for improving cost and quality of care and develop and offer recommendations for improvement; resolve issues directly, or in consultation with Director concerning staffing, utilization of facilities, equipment and funds; develop and interpret policies and procedures for faculty and staff; and ensure that all policies are in conformance with Medical Center guidelines
Manage and provide support for activities associated with external funded projects, including but not limited to executing Divisional operating procedures for timely and compliant submissions of grant proposals; work with Sponsored Programs and other institutional regulatory offices to interpret and ensure compliance with NIH and other external sponsor guidelines for the application and management of awards; support development and execution of operational procedures to monitor and disseminate revenue and expense information with PIs to ensure appropriate expenditures; based on monthly and quarterly reports of expenditures, identify and correct errors, project future expenditures and prospectively manage all required changes; understand and manage to all sponsor requirements relating to carry forwards; work with Sponsored Programs offices and collaborating institutions to ensure timely execution of subawards, invoicing, and receipt of all deliverables to include progress and financial reports; and coordinate space utilization related to current and planned research projects.
Participate in the development and monitoring of an effective staffing and retention strategy, including hiring and terminating employees, partner with the Director to ensure effective performance management of direct reports; establish and maintain procedures for orientation of new employees; mentor and provide learning and development opportunities for direct reports; collaborate with human resources business partners to meet the division's talent management goals; support organizational programs/plans that impact employees and ensure communication, comprehension, and adherence to all Human Resources policies and related legal and/or compliance requirements.
Provide support for the management of administrative academic/faculty affairs, including partnering with CCRF to establish and maintain faculty records; monitor of faculty data (e.g. new hires, promotions, reappointments, leaves, sabbaticals and employment status changes); maintain human resources (staff) and educational records according to defined national standards to maintain program accreditation; provide support for the faculty appointment process in collaboration with the Director and the University of Cincinnati; work with the University of Cincinnati; define budget allocations and maintain program expenses related to faculty development and start up funds; define budget allocations and maintain program expense related to the fellowship program; support physician and faculty leaders in meeting compliance requirements including NIH, accounting/finance, human resources, etc. compliance requirements.
Propose, research, and manage the development, implementation and assessment of long and short term operating goals and objectives annually; and as directed, operationalize, implement and monitor the unit's assigned strategic initiatives.
- Bachelor's degree in a related field
- 3-5 years of work experience in a related job discipline
Knowledge of accounting principles and mathematics
Using time efficiently and productively; prioritizing multiple tasks properly to meet deadlines; recognizing time constraints and adjusting work schedule to address them.
Knowledge of related regulatory requirements and standards
Demonstrated leadership and management skills
Analytical ability sufficient to evaluate data, make judgments and recommendations
Proven financial analysis and reporting skills
To apply for this position, please visit https://www.cincinnatichildrens.org/careers
Job requisition number is 118690
Cincinnati Children’s complies with applicable laws
and does not discriminate against people or treat them
differently on the basis of race, color, national origin,
ancestry, religion, age, sex, sexual orientation, marital
status, disability, gender identity or other unlawful reasons.
Cincinnati Children’s provides free:
• aids and services to help people with disabilities
communicate effectively with us, including qualified
sign language interpreters, written information in audio
or other formats (large print, electronic formats);
• language services to people whose primary language
is not English, including qualified interpreters and
information written in other languages.
If you need these services, please call 1-800-344-2462
or contact Cincinnati Children’s Section 1557 Coordinator,
Family Relations, 3333 Burnet Avenue, Cincinnati, OH
45229, 513-636-4700, advocates cchmc.org.
If you believe that Cincinnati Children’s has failed to
provide these services or discriminated in a prohibited way,
you can file a grievance with: Cincinnati Children’s Section
1557 Coordinator, Family Relations, 3333 Burnet Avenue,
Cincinnati, OH 45229, 513-636-4700, firstname.lastname@example.org.
You can file a grievance in person, by mail, or email. If you
need help filing a grievance, Cincinnati Children’s Section
1557 Coordinator is available to help you. You can also file a
civil rights complaint with the U.S. Department of Health and
Human Services, Office for Civil Rights, electronically through
the Office for Civil Rights Complaint Portal, available at
https://ocrportal.hhs.gov/ocr/portal/lobby.jsf, or by mail or
phone at: U.S. Department of Health and Human Services
200 Independence Avenue, SW Room 509F, HHH Building
Washington, D.C. 20201 1-800-368-1019, 800-537-7697
(TDD) Complaint forms are available at http://www.hhs.gov/