Senior Financial Services Director

4 weeks ago


Reston, Virginia, United States Covenant Health Full time

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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