Director Budget & Financial Planning

The Director, Budget & Financial Planning for Children's National Hospital Foundation will lead the Foundation's financial management, budgeting, reporting and analysis. S/he will lead and execute an organized and effective annual budgeting process for the Foundation, providing leadership and direction to the long-term financial planning, project feasibility, financial analysis and decision support functions. S/he will be responsible for tracking, reporting, analyzing and forecasting on the Foundation's financial performance regarding fundraising revenue and accrued expenses against budgets. S/he will be the Foundation lead on internal audit and external audit as well as oversight of Gift Agreements and SPFs. Collaboration will be required to ensure effective use of data and our data infrastructure investments to drive reporting and inform decision making. S/he will report into the Foundation VP of Systems & Data Integrity, and manage at least one direct report.

To lead and maintain an organized and effective annual budgeting process in support of CNH mission and values. Provide leadership and direction to the long-term financial planning, project feasibility, financial analysis and decision support functions in order to establish and maintain comprehensive programs and services that meet the demands of the healthcare industry and fulfill the vision and mission of CNH in an organized, efficient, innovative and cost-effective manner.

• Provide analytical support necessary to evaluate current and proposed CNH projects and operations in accordance with strategic direction of the system.

• Provide and ensure the timeliness and accuracy of all data associated with decision support systems to further enhance the analysis of operational, strategic, and financial growth of CNH.

• Participate in the development, planning and evaluation of new and existing programs and services through strategic and operational business planning process.

• Responsible for the development of the Long Range Financial Plan (LRFP)

• Administer rolling forecast in conjunction with LRFP and annual budgets.

• Maintain and guide the long term financial plan process.

• Leads the annual operating and capital budget development and implementation process. Includes coordinating all responsible parties, provide training to appropriate management staff, prepare budget package, analysis and challenge budget submission, provide analytical and supporting reports an ensure overall integrity of the process and output.

• Lead the development of financial targets utilized in the budget process. Monitors progress towards achievement of targets and communicates status (and problem areas) throughout the budget process as well as during the fiscal year.

• Responsible for assuring that data maintained in the budget system is consistent with that in other financial systems.

• Monitor compliance with budget throughout the year. Assists Accounting department and Operating departments in investigating and understanding variances, and recommends possible corrective actions.

• Administer and implement monthly financial management reporting that will allow access to information on an ongoing basis to others in Finance and Leadership roles.

• Develop, maintain and enforce a policy to manage capital budget process.

• Ensures compliance of all responsible areas with internal policies and procedures, and all regulatory agency requirement and standards affecting operations.

• Manage employee performance and encourage professional development by supporting participation in educational programs and professional organizations and activities to support leading-edge performance.