If you're ready to be part of our legacy of hope and innovation, we encourage you to take the first step and explore our current job openings. Your best is waiting to be discovered. Day - 08 Hour (United States of America) **This is a Stanford Health Care job.** Located in the heart of Silicon Valley, Stanford Health Care’s mission is to heal humanity through science and compassion, one patient at a time. The Facilities Services division plays a key role in helping Stanford Health Care accomplish this mission; planning for tomorrow, managing for today. With a fast-paced, tech-savvy and lean culture that focuses on goals, metrics and continuous improvement, Facilities Services provides non-clinical operational support to Stanford Health Care and other Stanford Medicine entities to ensure safe and successful non-clinical operations 24/7 and plan for the organization’s future facility needs. For more information about Facilities Services, visit https://stanfordhealthcare.org/about-us/facilities-services-and-planning.html The Facilities Services Business Operations & Strategic Initiatives department (“BOSI”) ensures that all corporate business aspects run smoothly, supporting Facilities with budgeting, construction cost estimates, staffing requests, purchase orders, invoices, standard work and policies. BOSI helps plan and manage a budget of over $3 billion that includes the facilities and general services operating expenses, the construction capital expenses, and even some revenue from food sales, parking permits, and third party property leases. If you are interested in joining a nationally recognized health care system that was recently recognized as one of the top ten hospitals by U.S. News, home to numerous Nobel Prize winners, and being part of a cohesive team, please read the job description below and apply online. If you are interested in joining a nationally recognized health care system that was recently recognized as one of the top ten hospitals by U.S. News, home to numerous Nobel Prize winners, and being part of a cohesive team, please read the job description below and apply online. As the **BOSI Business Manager** , you’ll be responsible for leading day-to-day operations supporting Facilities Construction. Facilities Construction oversees and executes on major renovations, such as the 300 Pasteur Drive Renewal Program ( https://stanfordhealthcare.org/about-us/300-pasteur-renewal-program.html ) and new construction, such as new multi-specialty outpatient clinics in Redwood City ( https://stanfordhealthcare.org/construction/redwood-city.html ). You will partner with the BOSI Senior Manager – Business Operations to ensure that there are minimal disruptions to the progression of capital projects like these and the operations of the Facilities Construction team by ensuring that all projects are adequately funded and payments are processed timely. **Lead Facilities Construction Projects:** Take charge of the preparation, progress tracking, and reporting for innovative construction finance initiatives. Your leadership will be pivotal in enhancing process efficiency and operational effectiveness across our organization. + **Collaboration & Partnership:** Work hand-in-hand with fellow leaders to cultivate a culture of collaboration. You will be at the forefront of driving innovative solutions that elevate our Facilities Construction program, setting the standard for excellence across the enterprise. + **Collaborative Leadership:** Engage in strategy sessions with the BOSI Director, providing data-driven insights and progress updates that empower decision-making. Your ability to coordinate resources will be essential in ensuring the successful delivery of projects. + **Track Progress & Communicate Results:** Develop comprehensive reporting frameworks to monitor performance and identify opportunities for process improvement. You will create visually engaging updates that keep stakeholders informed of successes and areas for growth. + **Budget Planning:** Lead the strategic planning and management of capital and operating expense budgets. Collaborate closely with the BOSI Business Manager to craft and oversee the annual budget, ensuring financial alignment with our goals. + **Capital Project Set Up:** Take the reins in overseeing the setup of new capital projects as requested by our Facilities Construction teams, ensuring a seamless transition from planning to execution. + **Capital Appropriations and Requisitions:** Manage the processing of capital appropriations and requisitioning of capital purchase orders for construction projects, ensuring compliance and efficiency. + **Invoice Processing and Audit:** Oversee the meticulous processing and auditing of construction vendor invoices and general contractor pay applications, maintaining financial integrity and accountability. + **Ad Hoc Reporting:** Provide analytical support for Facilities Services by delivering timely and insightful reporting as needed, helping to inform strategic decisions. + **Continuous Improvement:** Proactively seek out opportunities for continuous improvement in our processes, fostering a culture of innovation and excellence. + **Operational Excellence:** Collaborate closely with the Capital Finance team to ensure operational success across the enterprise, driving initiatives that enhance our overall performance. **Why Join Us?** This is your chance to make a significant impact in a role that combines leadership, strategic thinking, and collaboration. If you are passionate about driving efficiency and excellence in construction finance, we want to hear from you! Join us in shaping the future of our Facilities Construction program and be part of a team that values innovation and continuous improvement. **Apply today and take the next step in your career with us!** **A Brief Overview** The Business Manager manages the day-to-day financial and business operational activities of the department. Responsibilities include budgeting, forecasting, accounting, long-range planning, pricing, negotiation of contracts, productivity analysis and revenue management. **Locations** Stanford Health Care **What you will do** + Plans, develops, and implements annual operating and capital budgets for the service line. Monitors all expenditures to ensure adherence and compliance with budget, projected spending trends, controls expenditures and ensures cost effective operations within the department; completes variance reports and suggests/implements corrective action to resolve budget variances. + Develops and implements strategies to maximize revenue for the service line while maintaining regulatory compliance. Assists in the identification and implementation of cost reduction activities for the service line; assesses continuously the financial viability of existing programs and practice patterns, and develop methods to optimize practices and resources. + Performs historical data analysis of past and current years for budget preparation and funding request justification. + Works closely with Finance on long range financial planning (LRFP) and benchmarking for the department and helps interprets LRFP into a plan of action. Monitors key financial indicators to proactively address financial matters and assist with strategic planning. + Establishes structures to monitor variances and track financial trends including revenue and labor expenses; provides ad hoc reporting for business questions that arise regarding volume, cost, performance and profitability of the department. + Analyzes financial implications and impacts of proposed and existing programs. Recommends improvements in systems and processes that enhance efficiency and reduce costs within the department and throughout the organization. + Analyzes, prepares and makes recommendations on business plans for new services and programs aimed at promoting and expanding the department activities. Works closely with Director for the development and implementation of strategic initiatives focused on identifying and pursuing opportunities to improve the profitability and market share of the department. + Supervises development of comprehensive business plans and program initiatives to support department goals including financial impact and feasibility. Assists in translation of business plans into operational reality. + Evaluates feasibility of equipment purchase and reviews contracts for purchase of equipment to ensure consistency with Department expectations regarding financial benefit and other budgetary issues; recommends and participates in selecting outside sources for needed services; negotiates with vendors regarding contracts for equipment maintenance and repair. + Works closely with Finance to ensure operational elements of revenue management including tracking, collecting and recovering revenue; ensures that financial controls are in place to minimize possibility of revenue loss + Sets up audit mechanisms to track charge master and revenue management within department. + Monitors and ensures proper accounting of service line expenditures. + Prepares monthly financial, clinical, benchmarking reports for internal and external purposes. + Oversees expenditures to ensure appropriate use of hospital funds; oversees the favorable negotiation and implementation of contracts with outside parties for products and services + Perform other duties as assigned **Education Qualifications** + Bachelor’s degree in a work-related field/discipline from an accredited college or university. **Experience Qualifications** + Five years of progressively responsible and directly related work experience. **Required Knowledge, Skills and Abilities** + Knowledge of financial systems, including operations, budgeting and analysis, statistics, and forecasting and modeling + Knowledge of principles and practices of organization, administration, fiscal and personnel management + Knowledge of financial and operational management information systems + Knowledge of local, state and federal regulatory requirement related to the functional area + Ability to develop and administer departmental budgets + Ability to identify the need for and to pursue interdepartmental process improvement to maximize financial outcomes + Ability to develop, write, analyze and present business plans, proposals, contracts and financial analysis reports + Ability to use sophisticated conceptual, numerical, analytical and statistical skills to solve complex, unique financial problems + Ability to provide leadership and influence others + Ability to foster effective working relationships and build consensus + Ability to mediate and resolve complex problems and issues + Ability to develop long-range business plans and strategy + Skills: Strong decision making, problem solving, project management, analytical, interpersonal, negotiation, and collaboration skills **These principles apply to ALL employees:** **SHC Commitment to Providing an Exceptional Patient & Family Experience** _Stanford Health Care sets a high standard for delivering value and an exceptional experience for our patients and families. Candidates for employment and existing employees must adopt and execute C-I-CARE standards for all of patients, families and towards each other. C-I-CARE is the foundation of Stanford’s patient-experience and represents a framework for patient-centered interactions. Simply put, we do what it takes to enable and empower patients and families to focus on health, healing and recovery._ _You will do this by executing against our three experience pillars, from the patient and family’s perspective:_ + Know Me: Anticipate my needs and status to deliver effective care + Show Me the Way: Guide and prompt my actions to arrive at better outcomes and better health + Coordinate for Me: Own the complexity of my care through coordination **Equal Opportunity Employer Stanford Health Care (SHC) strongly values diversity and is committed to equal opportunity and non-discrimination in** **all of** **its policies and practices, including the area of employment. Accordingly, SHC does not discriminate against any person on the basis of race, color, sex, sexual orientation or gender identity and/or expression, religion, age, national or ethnic origin, political beliefs, marital status, medical condition, genetic information, veteran status, or disability, or the perception of any of the above. People of all genders, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply. Qualified applicants with criminal convictions will be considered after an individualized assessment of the conviction and the job requirements.** Base Pay Scale: Generally starting at $60.92 - $80.73 per hour The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to, internal equity, experience, education, specialty and training. This pay scale is not a promise of a particular wage. At Stanford Health Care, we seek to provide patients with the very best in diagnosis and treatment, with outstanding quality, compassion and coordination. With an unmatched track record of scientific discovery, technological innovation and translational medicine, Stanford Medicine physicians are pioneering leading edge therapies today that will change the way health care is delivered tomorrow. As part of our spirit of discovery, we also leverage our deep relationships with luminary Silicon Valley companies to develop new ways to deliver preeminent patient care. Learn about our awards (https://stanfordhealthcare.org/about-us/awards.html) and significant events (https://stanfordhealthcare.org/about-us/our-history.html) .