Director of Pharmacy Business Support

Posted 2 Days Ago
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Lexington, KY, USA
In-Office
Senior level
Healthtech
The Role
Leads financial support for pharmacy operations, including budgeting, performance analysis, strategic financial analysis, business cases, and capital proformas. Develops reconciled management reports, interprets operational rate and volume drivers, presents insights to executive leadership, and advises stakeholders on complex financial matters. Manages multiple projects and data requests in a matrixed healthcare organization while improving processes and educating staff.
Summary Generated by Built In
Overview

The Director, Pharmacy Business Support serves as the primary finance point of contact for pharmacy operations, providing direct and proactive support with budget development, operational performance analyses, strategic financial analyses and business case/capital proforma development. This position reports to ARH Finance leadership but has accountabilities to the operations leaders within Pharmacy and/or other assigned entities (inclusive of, but not limited to regional CMO’s, CEO’s and other operations leadership as well as the ARH executive team). It is general practice that the Regional Finance Director has assignments that are more complex and/or higher volume, serving complex markets, facilities and departments while being a liaison to other finance related subject matter experts (accounting, payor contracting, supply chain, etc.). The Director, Pharmacy Business Support serves as finance leader, consultant, educator, liaison and represents finance at meetings or on teams and multi-disciplinary committees. Individuals in this role must be able to effectively analyze, prioritize and communicate while providing guidance and education to other staff members regarding complex financial matters.

Responsibilities
  • Advanced understanding of accounting, including the unique accounting practices of health care
  • Ability to assemble managerial financial reports and proformas from multiple sources consistent with and reconciled to audited financial statements and officially released documents
  • Ability to analyze data, draw and summarize significant conclusions and provide appropriate level of thoughtful observation and recommendations via presentation to enterprise leadership
  • Ability to communicate clearly with leadership, internal and external customers to understand incoming requests, and be able to translate and draw on the appropriate data sources to ultimately provide useful, relevant insights and conclusions
  • Basic understanding of patient care operations, including the complexities of the pharmacy, various designations, markets, ambulatory clinics and related entities
  • Proficiency in analyzing and explaining financial outcomes, explaining the operational rate and volume drivers of results and outcomes
  • Capable of clearly communicating and presenting information formally and informally to staff and senior leaders
  • Ability to form constructive working relationships with various stakeholders, customers, colleagues, and supervisors
  • Capacity to work in a highly matrixed organization while managing multiple projects and data requests concurrently while achieving deadlines
  • Creativity to address unprecedented circumstances, access multiple data sources, and discover ways to improve existing processes and
  • Demonstrate continued willingness to learn, while developing business acumen to achieve ongoing growth within the position and within the organization
Qualifications

Education• Bachelor’s Degree in finance, accounting, or related field from an accredited college or university is required; MHA, MBA or equivalent experience preferred


Minimum Work Experience• 5 years functional experience providing financial analysis of health care operations required

Required Skills, Knowledge, and Abilities• Strong data analytics, interpersonal communication, collaboration, problem solving, organizational, presentation, training, excellent follow through and prioritization skills. Advanced knowledge of common analytical tools such as Excel, Tableau; experience with Axiom Decision Support Suite desirable; project management experience preferred

Skills Required

  • Bachelor's degree in finance, accounting, or a related field from an accredited college or university
  • Five years of functional experience providing financial analysis of healthcare operations
  • Strong data analytics, interpersonal communication, collaboration, problem-solving, organizational, presentation, training, follow-through, and prioritization skills
  • Advanced knowledge of Excel and Tableau
  • Experience with Axiom Decision Support Suite
  • MHA, MBA, or equivalent experience
  • Project management experience
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The Company
6,700 Employees

What We Do

Appalachian Regional Healthcare (ARH) is a not-for-profit health system serving Central Appalachia through 14 hospitals in Kentucky and West Virginia, along with multispecialty physician practices, home-health agencies, home-medical-equipment stores, retail pharmacies, and medical spas. Its mission is to improve health and promote well-being in partnership with regional communities, while providing broad rural healthcare services and investing in medical capabilities.

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