Senior Financial Services Director
4 weeks ago
Job Summary:
Covenant Health is seeking a highly skilled and experienced Vice President of Financial Services to lead the strategic planning and fiscal resources of Covenant Medical Group. The ideal candidate will have a strong background in financial management, with a proven track record of success in managing financial resources, human resources, and achieving strategic objectives.
Key Responsibilities:
- Manage all financial resources, including budgeting, forecasting, and financial reporting.
- Oversee the General Accounting, Cost Accounting, Accounts Payable, and Budgeting and Reimbursement departments.
- Collaborate with medical staff and other system members to promote high-quality service to patients.
- Facilitate the process of effectively providing for capital needs.
- Prepare and submit timely financial reports to federal, state, and third-party entities.
- Stay up-to-date on economic changes and new trends in healthcare, and assess their potential impact on operations.
- Lead the organization by visualizing the future and guiding it financially.
- Provide budget planning guidelines and present budget and performance goals to the corporate office.
- Coordinate with Risk Management to provide current and adequate insurance protection.
- Supervise the investigation and analysis of costs, charges, and rates, and make recommendations to support organizational activities.
- Serve as an active member of the Senior Leadership Team of Covenant Medical Group.
- Maintain full knowledge of business results by Product Line and make strategic recommendations to the Senior Leadership Team.
- Establish and maintain accounting systems to meet organizational needs.
- Evaluate the information systems needs to support financial services and coordinate new applications development.
- Review and analyze monthly financial statements and operating reports with the President & CAO and Vice Presidents.
- Perform other duties as requested or assigned.
Requirements:
Minimum Education: Masters degree in Business Administration/Accounting or CPA.
Minimum Experience: Seven (7) years experience, with experience in a large, multi-entity hospital setting preferred.
Licensure Requirement: None.
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