Assistant to the Chief Financial Officer
4 weeks ago
The ideal candidate will be responsible for financial strategy, financial planning and analysis, financial reports, company audits, compliance, and bank relationships. They will collaborate with the CFO and the executive team to make decisions regarding company's financial strategy and operations. The candidate will possess a strong background in finance and management.
Responsibilities
- Responsible to direct market finance department activities, functions and resources to ensure alignment with the mission, values and objectives of the organization
- Reports to: CFO
- Responsible for management and safekeeping of the hospitals investments within established guidelines
- Oversee the activities of the Finance Department for the accurate and timely dissemination of financial management reports including, but not limited to, internal and external monthly financial statements, and annual audits and annual budgets
- Establish and maintain systems and controls, which verify the integrity of all systems, processes and data, and enhance the Companys value
- Prepare reports that summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations
- Provide direction and guidance in the implementation and ongoing operations of the decision support system
- Plans, organizes and coordinates the financial operation for the institution to control receipts of revenue, expenditures of funds and conservation of assets
- Plans, coordinates and prepares for year-end audits by the public accounting firm and third-party auditors
- Keeps abreast of all regulations and standards (including those regarding financial, billing and reporting procedures) to ensure compliance with orders or directives issued by duly constituted governmental/regulatory agencies or third-party payers
- Provides adequate cash forecasting so that operating and capital expenditures can be met
- Prepares and assembles the institutions operating budget in cooperation with management and department heads
- Monitors prospective reimbursement methodologies and ascertains how they would impact on the institution
- Evaluates and makes recommendations as to the adequacy of the organizations rate structure in relationship to the cost of departmental operations
- May serve as Chief Staffing Officer for the organization, managing labor management process
- Develops and implements departmental goals, plans, and standards consistent with the clinical, administrative, legal, and ethical requirements/objectives of the organization
Qualifications
- Bachelors degree in Accounting/Finance - Required
- Requires critical thinking skills, decisive judgment and the ability to work with minimal supervision
- Must be able to work in a stressful environment and take appropriate action
- Five years for-profit hospital experience and at least three years in a supervisory role
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