Director of Finance

The Director of Finance is responsible for making sound investment and business decisions for the organization; the day-to-day management of the Accounting, Payroll and Accounts Payable functions; performing strategic planning and analysis; establishing organizational profitability standards and financial goals; oversees organizational insurance policies; and supports payor contract negotiations.

Responsibilities include:

Financial Reporting

• Provides oversight of the preparation of and analytical review of financial and statistical budgets for assigned entities.
• Provides oversight of all budget reporting comparing actual results to budget standards.
• Completes analytical review and follow up with department heads regarding all material budget variances.
• Presents financial reports to executives, the board of directors, department leaders, and other stakeholders.

Audit Management

• Reviews engagement letters, management representation letter, management letter comments, and all other auditor communications.
• Coordinates the timing and presentation of audit including arrangements for field work, coordinating reviews by CEO, and arrangements for board presentation.
• Adherence to all other accounting professional standards and departmental policy and procedure.

Internal Control Structure

• Designs, maintains, and provides oversight of the organization’s financial internal control structure.
• Designs, maintains, and provides oversight of the accounting department policies and procedures to ensure the safeguarding of assets and accurate financial reporting.
• Reviews and authorizes disbursements and expenditures.
• Oversight of cash management responsibilities to ensure adequate cash reserves for operations and proper investment of excess cash reserves to realize investment income.

Departmental Management

• Responsible for selection, training, and evaluation of staff. Supervises staff productivity, including management of overtime usage.
• Manages departmental costs in adherence to budget standards.

Personal Responsibilities

• Works collaboratively with others toward improving organizational performance and supports goals and objectives of the organization.
• Meets organizational standard for attendance, punctuality and use of break times.
• Maintains and enhances competency through in-services, staff meetings and educational programs.
• Observes dress code per organizational and departmental standards.
• Other duties as assigned.

Qualifications

• Bachelors Degree in Accounting/Finance, required.
• Certified Public Accountant, preferred.
• Experience in Critical Access Hospital and RHC preferred.
• Three years prior healthcare experience with prior management experience preferred.
• Proficiency in Microsoft Office or similar applications, and computer based accounting and information systems.
• Written and oral communication skills to present financial information to department heads, clinical personnel without a financial background, the CEO, and board of directors; poise, confidence and tact to interact with personnel from all levels of the organization.