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Medical Financial Controller
2 months ago
Medical Financial Controller | Tulsa, OK
Direct Hire | $90K+
Job Duties
- Guide Financial Decisions:Establish, monitor, and enforce policies and procedures to support sound financial decisions.
- Asset Protection: Safeguard assets by establishing, monitoring, and enforcing internal controls.
- Financial Condition Monitoring: Conduct audits and provide information to external auditors to confirm the financial condition.
- Maximize Returns and Limit Risks: Optimize cash management by minimizing bank balances and making strategic investments.
- Budget Preparation: Establish schedules, collect, analyze, and consolidate financial data to prepare budgets and recommend plans.
- Achieve Budget Objectives: Schedule expenditures, analyze variances, and initiate corrective actions to meet budget goals.
- Financial Reporting: Collect, interpret, and report financial data to provide status updates on financial condition.
- Special Reports: Collect, analyze, and summarize information and trends to prepare special reports.
- Compliance: Stay current with federal, state, and local legal requirements, enforce adherence, and file financial reports.
- Equipment Management: Establish preventive maintenance requirements and service contracts, maintain equipment inventories, and evaluate new equipment and techniques.
- Operational Requirements: Schedule and assign employees, follow up on work results, and ensure tasks are completed.
- Professional Development:Maintain professional and technical knowledge by attending educational workshops, reviewing publications, establishing networks, and participating in professional societies.
- Confidentiality: Protect operations by keeping financial information and plans confidential.
- Team Contribution: Support team efforts by achieving related results as needed.
Controller Skills and Qualifications
•Managing Processes
•Financial Software Proficiency
•Developing Standards
•Auditing
•Accounting with QuickBooks
•Corporate Finance
•Budget Tracking
•Financial Analysis
•Budget Development
•Performance Management
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* Direct financial activities, such as planning, procurement, and investments for all or part of an organization.
* Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
* Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
* Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
* Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
* Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
* Develop internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting.
* Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
* Receive cash and checks and make deposits.
* Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
* Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
* Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
* Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
* Advise management on short-term and long-term financial objectives, policies, and actions.
* Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
* Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
* Lead staff training and development in budgeting and financial management areas.
* Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
* Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
* Perform tax planning work.
* Compute, withhold, and account for all payroll deductions.
* Handle all aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker's compensation.
* Determine depreciation rates to apply to capitalized items and advise management on actions regarding the purchase, lease, or disposal of such items.