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Assistant Vice President

4 months ago

Greenwood, United States Greenwood County Hospital Board Full time

Job Description

Job Description

Status:

Full Time JOB SUMMARY: Reporting to the Executive Vice President & Chief Financial Officer, the Assistant Vice-President and Corporate Controller is responsible for managing financial reporting, budgeting, and compliance and regulatory functions, ensuring accuracy, efficiency, adequate internal controls, and transparency across the organization. This position will oversee General Accounting, Reimbursement, Cost Accounting, Budget, Chargemaster, and Revenue Cycle functions for the System Hospitals and affiliates (including the physician enterprise). Coordinates the annual budget process, external audit, annual cost reporting, tax filings, and financial reporting. Also involved in Treasury functions and debt issuance. This position will frequently collaborate with the Administrative Team and team members from other departments, specifically related to financial performance, education, analytics, and goals for the organization as well as maintaining healthy working relationships with departmental leaders and peers across the organization. Monthly interaction with the Fiscal Policy Committee of the Board of Trustees with respect to presenting and analyzing Financial Performance across the enterprise. Serves as back-up to the Executive Vice President & Chief Financial Officer. Consistently promotes SRH’s corporate culture in all interactions and coaches and develops team members to foster a spirit of collaboration, diversity of thought, and unity to serve our patients, team members and the communities we serve. ESSENTIAL JOB FUNCTIONS: Primary Responsibilities for the Assistant Vice President & Corporate Controller: Financial Reporting: Oversee the preparation and analysis of monthly, quarterly, and annual financial statements in accordance with GAAP and regulatory requirements. Provide timely and accurate financial reports to executive leadership, board of directors, and external stakeholders. Implement and maintain robust internal controls to safeguard assets and ensure the integrity of financial information. Budgeting and Forecasting: Lead the development of annual operating budgets and long-term financial forecasts in collaboration with departmental leaders. Monitor budget performance and variance analysis, identifying areas for improvement and cost-saving opportunities. Work closely with operational teams to align financial plans with strategic objectives and organizational priorities. Financial Planning and Analysis (FP&A): Conduct financial analyses to support decision-making processes, including profitability analysis, capital investment evaluations, and financial modeling. Provide insights and recommendations to senior management on key financial metrics, trends, and risks. Drive continuous improvement initiatives to enhance financial performance and operational efficiency. Compliance and Regulatory Oversight: Ensure compliance with federal, state, and local regulations governing healthcare finance, including Medicare/Medicaid reimbursement rules, HIPAA, and tax requirements. Coordinate audits and examinations conducted by regulatory agencies, external auditors, and third-party payers. Stay abreast of emerging regulatory changes and industry trends, implementing appropriate policies and procedures to mitigate risks. Team Leadership and Development: Manage and mentor a team of finance professionals, fostering a culture of accountability, collaboration, and professional growth. Provide guidance and support to departmental staff in executing their responsibilities effectively and efficiently. Promote a positive work environment that values diversity, inclusivity, and continuous learning. Actively participate on committees as necessary. Interact positively and effectively with all levels of the organization. Work to create an image of the Finance Team as an effective business partner. Insist on professionalism, responsiveness, and accuracy in all communication. Be willing to work long hours and weekends when necessary to accomplish the department's goals and responsibilities. Serve as a positive role model for others in the department. QUALIFICATIONS: Basic (Required) Qualifications: These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines. Bachelor’s degree from an accredited college or university required. Master’s degree in business or healthcare administration At least 7-10 years’ experience in financial healthcare leadership with progressively increasing responsibility. Preferably in a Controller or Director of Finance role in an organization of similar size and complexity. Must be legally authorized to work in the United States without company sponsorship. Preferred Qualifications: CPA certification Position Criteria: Strong analytical and reasoning skills

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