Director of Finance

11 hours ago

Carrollton MO United States Carroll County Memorial Hospital Full time

Position Summary

The Director of Finance will lead the day-day accounting function of a 25-bed critical access hospital. Director must possess critical thinking skills and understanding of Medicare and Medicaid Costs Reports, Budgeting, and Annual Financial Audits.


Essential Functions and Responsibilities

  1. Monitor and evaluate processes and workflows; provides recommendations to optimize performance/outcomes; works with clinic team and hospital leadership to implement recommended strategies.
  2. Manage quality improvement initiatives and studies (if applicable) to establish, maintain, and improve processes and procedures to deliver best-in-class patient experience, clinical outcomes and financial performance.
  3. Manage and make decisions on complex administrative functions with minimal assistance.
  4. Participates in the selection, orientation, training, development, and evaluation of staff members; monitors staff performance; recognizes staff members for meeting or exceeding performance standards; provides performance coaching and/or counseling as appropriate in accordance with hospital policy.
  5. Regularly rounds with staff members; seeks and provides feedback, addresses all concerns in a timely manner.
  6. Responsible for the regular review of the department’s income statement and financial performance; responsible to ensure the department operates in a fiscally responsible manner via managing revenue/charges, expenses, and resource allocation.
  7. Communicates relevant revenue and expense information to hospital leadership, clinical providers, and administrative staff.
  8. Actively participates in local and regional marketing strategies to develop value-based partnerships with community partners to promote community health services and initiatives.
  9. Ensure all established policies, procedures, standards of practice, and conduct guidelines are followed in accordance with all applicable rules, regulations, and hospital policy.
  10. Ensure all supplies, materials, and equipment inventories are maintained at appropriate levels to meet the demands of patient care, safety, utilization, and financial goals.
  11. Prepare month-end, and annual general ledger close processes including preparation and review of journal entries, supporting documentation, and account reconciliations.
  12. Participate in developing and maintaining strong internal controls.
  13. Provide support for annual financial audits and compliance reporting.
  14. Prepare documentation for Medicare and Medicaid Cost Reports completed annually.
  15. Prepare documentation for 990 tax returns.
  16. Create analytical reports to foster strategic development.
  17. Demonstrate respect and regard for the dignity of all patients, families, visitors, and fellow employees to ensure a professional, responsible, and courteous environment.
  18. Maintains regular, predictable attendance according to hospital policy.
  19. Other duties as assigned.

Education/Experience

  • Associate Degree required.
  • Minimum of 1 year healthcare finance experience required.
  • Ability to foster a positive team atmosphere through effective interpersonal skills.
  • Able to effectively communicate both verbal and written format.
  • Strong analytical, problem-solving, and organizational skills.
  • Ability to use multiple electronic systems, software, internet, and computer skills.

Note

This job description in no way states or implies that these are the only duties to be performed by the employee(s) in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.

Carroll County Memorial Hospital is an Equal Opportunity Employer, drug-free workplace, and complies with ADA regulations as applicable.

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