Director - Finance

About This Role

This director-level finance role supports the hospital's overall financial management, overseeing budgeting, audits, and financial reporting. It suits a finance professional with strong leadership and analytical skills, able to manage staff performance and advise administration on fiscal matters.

Responsibilities

• Assist leadership in overall financial management of the hospital
• Manage staff performance and department responsibilities in accordance with hospital and department policies and procedures
• Ensure monthly closing entries, statistics, and capital information are prepared timely and accurately
• Manage the budgeting process
• Coordinate all audits, including internal, external, and regulatory audits
• Act as department spokesperson on all fiscal matters and maintain contact with auditors, insurance, and Medicare officials
• Communicate updated or new guidelines and regulations to appropriate personnel
• Approve, facilitate, and maintain department policies and procedures, objectives, performance improvement programs, and safety standards
• Prepare or direct the compilation of data and the preparation of financial and operating reports, including annual budget, third-party reimbursement, account reconciliations, audit reports, equipment, construction, and facility reports
• Recommend to management means of reducing hospital operating costs and increasing revenues
• Advise administration regarding any adverse fiscal trends and oversee annual inventory counts for various departments
• Other duties as assigned

Requirements

• Bachelor's degree in Business Administration, Finance or Accounting
• 5+ years of hospital accounting experience
• Understanding of revenue, expense, budgeting, capital and cost management processes
• Strong organization skills
• Excellent analytical and problem-solving skills
• Effective oral and written communication skills, with the ability to articulate complex information in understandable terms to all levels of staff
• Effective computer skills, particularly Microsoft Office Outlook, Word, Excel, and PowerPoint
• Ability to work in a matrix-management environment to achieve organizational goals
• Skill set to compile and analyze financial information for financial decision making, organize and present the analysis and recommendations to management in a written or oral format
• Ability to coordinate the development, implementation and deployment of strategic information to assist the organization’s overall performance
• Ability to work in a project-oriented environment that is fast paced with individuals across the organization
• Working knowledge of healthcare accounting methods and reporting, standards development, costing methodologies, utilization measurements, and financial modeling