Vice President of Finance
2 weeks ago
We are in search of a Vice President of Finance in the Reading PA area.
Responsibilities:
Coordinates with the Senior Vice President, and Chief Financial Officer to direct all components of the financial planning and analysis, financial operations and provider compensation activities and transactions.
Directs and monitors the daily activities for all staff, primarily the Director of General Accounting and Provider Compensation and the Director, Budget, Financial Analysis and Financial Reporting who have a direct reporting relationship to this role.
Oversees the monthly financial statement closing process and prepares reports and schedules, assists the team in identifying and analyzing all variances, and communicates results to Senior Leadership and identifies trends and patterns.
Partner with the Revenue Cycle team to ensure the timely and accurate recording of all revenue cycle related activity, including contractual and bad debt reserve estimates. Works with the Revenue Cycle team regarding the validity and completeness of all financial data within EPIC, including fees, WRVUs.
Interacts with THMG operational management and staff in interpreting financial results and proactively identifying opportunities for improvement and to automate and improve workflows.
Collaborates with Corporate and Finance teams to ensure consistent accounting and proper recording of transactions and interacts with departments of the hospital in all marketplaces, including Accounts Payable, Payroll, Human Resources, Information Technology for support for operations related to financial activities.
Works with the team to ensure account reconciliations are prepared timely and promptly identifies and communicates any irregularities.
Generates regular reports on the organization's financial stability, liquidity, and growth.
Under the direction of the SVP, CFO, directs all activities as they relate to the annual operating and capital budget process, including the preparation of all schedules and reports required by Senior Leadership. Coordinates such activities with Operations and Corporate Finance.
Assists the team in the preparation of all proformas as they relate to business opportunities, makes recommendations, and provides an assessment of the viability of such opportunities.
Coordinates any financial due diligence processes related to any physician acquisition activity.
Works with the Director, General Accounting and Provider Compensation to ensure transactions related to provider compensation, including the calculation and processing of incentives and all supplemental compensation are performed timely and accurately. Oversees all analytical work as it relates to provider compensation issues, modeling and provides assistance in compensation design at the director of Senior Leadership.
Implements financial policies and procedures and ensures compliance.
Assures implementation of internal controls and generally accepted accounting procedures.
Educates provider and operational staff and other selected staff on financial management principles.
Supervises the analysis of costs and makes rate recommendations to ensure appropriate income/cash flow.
Oversees and directs all components of the organization’s internal and external audits.
Hybrid- 2 or 3 days can be worked from home.
Qualifications:
5-7 years' experience
Minimum Education – bachelor’s degree
Oversees 10-20 people
CPA a plus
Company DescriptionYour Bridge to Career Success
Founded in 1997, we are a nationwide recruitment firm that places executive and management professionals in various industries including Hospitality (Restaurants/ Hotels), Retail, Manufacturing, Grocery/Supermarket, Healthcare, Financial Services, Facilities, and Human Resources. As a designated recruiter for clients from Fortune 100 companies to independent owners, we serve as a bridge between stable, growing companies and executives, professionals, and managers who are searching for careers/ jobs that offer opportunities for personal and professional advancement.
With over 25+ years of industry experience, an impeccable reputation and customer service that surpasses all industry standards, we take pride in our continued success in matching management candidates with our highly respected clients as we build the bridge to provide a successful and lasting partnership.Company DescriptionYour Bridge to Career Success\r
\r
Founded in 1997, we are a nationwide recruitment firm that places executive and management professionals in various industries including Hospitality (Restaurants/ Hotels), Retail, Manufacturing, Grocery/Supermarket, Healthcare, Financial Services, Facilities, and Human Resources. As a designated recruiter for clients from Fortune 100 companies to independent owners, we serve as a bridge between stable, growing companies and executives, professionals, and managers who are searching for careers/ jobs that offer opportunities for personal and professional advancement.\r
\r
With over 25+ years of industry experience, an impeccable reputation and customer service that surpasses all industry standards, we take pride in our continued success in matching management candidates with our highly respected clients as we build the bridge to provide a successful and lasting partnership.
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