Specific areas of responsibility include: patient financial services; maximizing cash flow consistent with sound credit and collection policies while maintaining good rapport with the community; financial reporting with detailed analysis of financial statements and variances from budget; audits of financial statements and internal controls; examination of insurance policies to ascertain that group assets are properly insured against loss
Essential Duties and Responsibilities:
Work under the leadership of the Chief Operating Office (COO) to develop financial goals and objectives for Tristate cardiovascular group.
- Provides proactive, sound guidance regarding management of assets and investments, and financial trends within the group.
- Works with department managers and patient care executives to implement financial plans and productivity benchmarks, and to monitor progress toward financial goals. In conjunction with the COO, establishes a five -year strategic financial plan for the group as part of the group strategic planning process.
- Monitors capital asset expenditures and depreciation; prepares annual operating budgets with input and involvement at the departmental level, as well as capital budgets and cash flow projections.
- Employs a system of responsible accounting, including budget and internal controls.
- Ensures that monthly financial statements and bi-weekly productivity reports are completed and distributed on a timely basis.
- Ensures that all balance sheet accounts are reconciled on a monthly basis and a system of internal controls are in place to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted.
- Maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the group cash flow.
- Arranges lines of credit and maintains proper banking relations; and adheres to TCA hospital corporate compliance standards and procedures.
Educational and Experience Requirements:
- Bachelor's degree in accounting, or related field; either of these professional certification ACA, ACCA, ACMA. CPA
- Masters in accounting or healthcare administration preferred.
- Minimum of five years hospital financial management experience required
If you are qualified for this position, Click http://jbng.me/ to apply
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