Job Description

This position serves a crucial financial role in the organization. This position is responsible for oversight of finance functions including: cost accounting, budgeting and productivity, decision support, and the annual cost reporting process, as well as preparation and review of the month end financial statements, and oversight of the annual external audit. This position will have day to day interaction with senior leaders, directors, outside stakeholders, and department associates. The person in this position should have a working knowledge of reimbursement principles and Medicare and Medicaid settlement accounts, as well as payer contracting. Exhibits the F.I.R.S.T. values (Friendliness, Innovation, Respect, Service, and Trust.)

ESSENTIAL FUNCTIONS, DUTIES AND RESPONSIBILITIES:

1. Provide services which foster the Organization’s Mission and philosophy through customer service, mutual respect, team work, performance improvement, corporate compliance, and coordinates and assures completion of all activities.
2. Provides leadership and supervision to ensure that quality services are provided by an appropriate number of qualified and competent staff.
3. Serves as a secondary financial advisor to the Organization’s senior leadership team and directors, including guidance on financial matters, budgeting, forecasting, and ROIs/proformas for service line or capital budget initiatives.
4. Ensures that the Organization complies with the financial reporting requirements of outside agencies such as IRS and CMS, including compliance with government regulations for cost reimbursement.
5. Maintain appropriate internal controls.
6. Designs, maintains and provides oversight of the finance department policies and procedures to ensure the safeguarding of assets and accurate financial reporting.
7. Leads the budgeting, decision support, and productivity functions of the Organization.
8. Recommends outside sources for strategic and operational services not provided by the Finance department.
9. Develops and implements policies and procedures that guide and support the provision of services.
10. Develops and implements the annual budgeting process in collaboration with directors, senior leaders, System Director of Finance, and the CFO.
11. Work with outside contractors to ensure timely completion of annual cost report.
12. Monitor and analyze financial performance against budgeted targets, providing regular reports and recommendations to management.
13. Monitor adherence to productivity targets and collaborate with operational directors to develop and implement action plans to achieve said targets.
14. Serve as a consultant to department directors as they relate to the Organization’s financial matters including budget variance reports, operating budgets, capital investments, service line analysis, proforma development, etc.
15. Oversees the annual financial audit process, working closely with external auditors to ensure compliance with accounting standards and regulations.
16. Continuously evaluate financial processes and operations for improvement and promote associate involvement with performance improvement.
17. Demonstrates a commitment to professional accountability and growth to maintain and expand knowledge and skills.
18. Contributes to the achievement of the mission and philosophy of the Organization.
19. Contributes to the effective operations of the Organization by demonstrating dependability in job performance.
20. Participates in certain Information System projects as they relate to financial systems.
21. Performs other related duties as assigned.

WORKING CONDITIONS, HAZARDS AND PHYSICAL EFFORT:

Long periods in a stationary position with prolonged concentration, occasionally necessary to do move light objects. Must be able to move or position 25 lb.

CONTACTS WITH OTHERS:

Senior leaders, directors, associates, community and board members.

EQUIPMENT USED/SPECIAL SKILLS REQUIRED:

Office equipment used. Strong computer, organizational, oral and written communication, and analytical skills.

Qualifications

Minimum of ten (10) years experience in financial and/or public accounting preferably in the healthcare industry.

Proven experience in budgeting and forecasting, with the ability to develop and analyze financial plans and reports.

Excellent analytical and problem-solving skills, with the ability to identify financial risks and opportunities, and provide recommendations for improvement.

Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and present financial information to non-financial stakeholders.

Proficiency in financial management software and advanced Microsoft Excel skills.