Assists the Regional CFO in the management of the fiscal services department, including the development, interpretation, coordination, and administration of the hospital’s policies on finance, accounting, insurance, financial/accounting systems, internal controls, and auditing. Maintains departmental reports and records and collects statistical data for administrative and regulatory purposes. Coordinates the functions of reimbursements, budget, patient accounting, medical records, admissions, and general accounting, which includes general ledger accounting, accounts payable, and cashiering. Prepares report outlining hospital’s financial position in all areas of assets, liabilities, income and expense, based on past, present, and planned future operations.Â
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Essential Functions
Ensures accuracy and completeness of the hospital’s financial statements.
Covering for hospital Controllers/CFO’s when positions open. When covering coordinates all financial activities for the hospital and manages multiple subordinate department managers who supervise staff members in multiple departments that may include, but is not limited to: Admitting, Business Office, Accounting, Medical Records and Materials Management.
Participates in the region’s long-term and short-term financial process.
Adheres to all financial policies and procedures as established by the Corporation through its Board of Directors.
Participates in the development of accounting, admission, credit/collection and internal control policies and systems and addresses related policy/system issues.
Provides advice and guidance and assists as necessary in preparing and analyzing financial reports/statements in conformance with standard accounting practices and guidelines and executes appropriate responsive actions.
Participates in the development of an annual budget for the region and monitors the performance of all Hospitals and services in conformance with the budget.
Assists in evaluating the adequacy coverage and in handling special/sensitive cases or problems and providing advice and guidance as necessary in preparing and analyzing risk management and insurance reports and appropriate executive responsive actions.
Oversees and monitors the month end closing process for the region, including but not limited to deadlines, accounting packages, checklists and report submission.
Participates in the analysis of the financial implications of proposed capital projects and expenditures and recommends the execution of appropriate measures to respond to projected economic trends and/or regulatory changes.
Reviews contracts and makes recommendations regarding the viability of the contracted service, the cost of the program/service and general conditions of the contract.
Provides advice and assistance to Hospital leadership and managers in analyzing and interpreting financial data and reports and in presenting that information to their departments.
Ensures that accurate information is provided on a timely basis and assists, as needed, in facilitating the efficient conduct of external audits, examinations and related financial projects.
May assume the administrative responsibilities of the Region CFO in his/her absence.
Participates in Corporate projects for process improvement.Â
Knowledge/Skills/Abilities/Expectations:
Excellent oral and written communication and interpersonal skills.
Advanced computer skills with working knowledge of Microsoft Office applications, Patient Accounting systems and General Ledger systems.
Must have thorough knowledge of accounting, finance, reimbursement, budgeting, credit and collection as relates to healthcare.
Approximate percent of time required to travel: 5% (0-100%)
Must read, write and speak fluent English.
Must have good and regular attendance.
Performs other related duties as assigned.
Qualifications
QualificationsÂ
Education:Â
Bachelor’s degree in Accounting, Finance, Business Administration or related field. MBA preferred. Equivalent combination of education, training, and experience may substitute for education requirements.Â
Licenses/Certification:Â
Licensed Certified Public Accountant preferred. Experience:Â
Seven years progressive healthcare, financial management, and/or accounting experience.Â
Experience as Controller in multi-facility/distributed business unit setting preferred. Significant site/facility/division/corporate experience.Â