Financial Risk Manager Jobs in Albuquerque, NM (NOW HIRING)

Location Address: 1100 Central Avenue SE Albuquerque, NM 87106-4930

Summary: As a member of the hospital executive leadership team, reporting to the PDS Chief Financial Officer, this position oversees the financial operations and strategic financial leadership of the hospital entity. This position is responsible for the strategic leadership and financial oversight of Presbyterian Hospital Medical Center and the Kaseman Hospital, which combined includes approximately 600 beds and $834M in annual operating revenue. This role provides executive-level decision making and partnership in financial planning/forecasting, capital planning, budgeting, financial reporting, decision support, productivity management, as well as ensure compliance with all regulatory requirements within a highly matrixed organization.

• The role will be responsible for oversite of onsite operational financial matters for all service lines and departments associated with the hospitals. This includes, but is not limited to, nursing, perioperative, heart and vascular, pharmacy, imaging, laboratory, and respiratory services.
• The role is an active member of the entities executive leadership team and serves as a finance representative on various entity committees and initiatives.
• Assist all hospital financial strategy and execution, including budgeting, financial planning, reporting, forecasting, and compliance.
• Oversight of the management of operating results, monitoring revenue, expenses, labor utilization, and productivity to ensure performance aligns with budget and organizational targets to ensure financial sustainability and consistency with enterprise goals. Responsible for the financial outcomes and interpretation of results to hospital executives and to the PDS Chief Financial Officer who then aligns with consolidated results.
• Management of and participation in the assembly of annual volume assumptions and maintain full accountability for hospital operating and capital budgeting. Present and interpret the annual budget to local executives and management.
• Provide actionable financial insights to executive leadership to inform hospital operational decisions, capital planning, and long‑range strategic initiatives.
• Drive initiatives that enhance operational efficiency, reduce cost, and optimize financial performance across strategic service lines within the hospital.
• Work with operations in meeting labor and productivity management benchmarks.
• Assist in the development of capital and strategic proforma and business plan activities. Partner with Corporate business development on accurate proforma development.
• Manage and lead the presentation of monthly, quarterly (if applicable), and annual financial statements and variance analyses to the hospital executive team as well as department leaders. The accuracy and integrity of entities financial statements are the highest priority items.
• Maintain robust internal controls to manage financial risk and safeguard hospital assets.
• Partner with Corporate Finance and Revenue Cycle teams on hospital-wide initiatives.
• Lead, mentor, and develop a high‑performing finance team focused on accuracy, collaboration, innovation, and organizational impact, while maintaining a results driven and accountable finance environment.
• Oversee financial risk management and internal controls. Ensure compliance with federal, state, and local laws and regulations.

• Bachelors degree in Business Administration, Accounting, Finance or related field.
• Masters degree in Hospital Administration or Business Administration preferred.
• CPA, HFMA, or related professional certification preferred.
• Minimum of 10 to 15 years of healthcare accounting experience with 5 years of progressive experience in hospital finance operations, in leadership positions preferred.
• Experience in supporting a hospital with at least 600 beds preferred.

• Professional and technical experience in the field of accounting and financial analysis including an understanding of GAAP and Knowledge of hospital budget and accounting principles and broad understanding of various health care reimbursement methodologies.
• Excellent communication and leadership skills, tactful and diplomatic, able to build and maintain effective relationships, and the ability to train and develop staff.
• Strong analytical and financial modeling skills.
• Ability to influence and partner with executive, physician, and clinical leaders.
• Work with a high degree of independence and possess strong judgment.
• Ability to analyze, compare, and interpret facts and figures to make sound judgments.
• Ability to effectively communicate financial concepts to non-financial leaders.
• Effective written and oral communications and presentation skills, effective negotiator with a proven ability to establish and maintain positive working relationships.
• Project management experience – ability to develop clear work plans, direct teams, meet deadlines – detail and metrics oriented.
• Knowledge of applicable information system applications.

Benefits are effective day‑one (for .45 FTE and above) and include:

• Competitive salaries
• Full medical, dental and vision insurance
• Flexible spending accounts (FSAs)
• Free wellness programs
• Paid time off (PTO)
• Retirement plans, including matching employer contributions
• Continuing education and career development opportunities
• Life insurance and short/long term disability programs

Presbyterian Healthcare Services is a locally owned, not-for-profit healthcare system of nine hospitals, a statewide health plan and a growing multi-specialty medical group. Founded in New Mexico in 1908, it is the state's largest private employer with approximately 11,000 employees.

Presbyterian's story is really the story of the remarkable people who have chosen to work here. Starting with Reverend Cooper who began our journey in 1908, the hard work of thousands of physicians, employees, board members, and other volunteers brought Presbyterian from a tiny tuberculosis sanatorium to a statewide healthcare system, serving more than 700,000 New Mexicans.

We are part of New Mexico's history - and committed to its future. That is why we will continue to work just as hard and care just as deeply to serve New Mexico for years to come.

New Mexico's unique blend of Spanish, Mexican and Native American influences contribute to a culturally rich lifestyle. Add in Albuquerque's International Balloon Fiesta, Los Alamos' nuclear scientists, Roswell's visitors from outer space, and Santa Fe's artists, and you get an eclectic mix of people, places and experiences that make this state great.

Cities in New Mexico are continually ranked among the nation's best places to work and live by Forbes magazine, Kiplinger's Personal Finance, and other corporate and government relocation managers like Worldwide ERC.

New Mexico offers endless recreational opportunities to explore, and enjoy an active lifestyle. Venture off the beaten path, challenge your body in the elements, or open yourself up to the expansive sky. From hiking, golfing and biking to skiing, snowboarding and boating, it's all available among our beautiful wonders of the west.

AA/EOE/VET/DISABLED. PHS is a drug-free and tobacco-free employer with smoke free campuses.