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Financial Operations Manager
2 months ago
This position is responsible for assisting departmental leadership in organizational development, benchmarking, operational reporting, management reporting, performance management, measuring trends, budgeting, analysis, and other financial activities with a limited functional or organizational scope.
Key Responsibilities:
- Assists the director in managing the financial activities and services of the department as they relate to accounting, budgeting, financial reporting, and other finance functions.
- Implements financial and accounting policies, procedures, and programs for the hospital.
- Prepares statistical reports and financial information.
- Coordinates with Information Technology (IT) department on projects and transmission of data.
- Ensures financial records systems are maintained in accordance with generally accepted auditing standards.
- Assists with the gathering of support documentation for cost reports and other regulatory reports/audits.
- Implements policies and procedures for the preparation, maintenance, and control of the hospital's budgetary, accounting, and related fiscal activities to ensure compliance with current legislation and regulations.
- Participates in development, implementation, and maintenance of policies, objectives, short- and long-range planning.
- Develops and implements projects and programs to assist in accomplishment of established goals.
- Performs supervisory functions by interviewing, selecting, and providing training for new staff.
- Prepares financial transaction analysis for management review providing financial adjustments required to resolve outstanding financial transactions, if any.
- Provides support in the development of financial/operational analysis of hospital/clinical programs.
- Prepares complex financial reports and analyses.
- Coordinates adhoc analysis and reporting.
- Provides variance explanations for business cycle transactions.
- Develops and reviews trend analysis to highlight unusual transactions.
- Records, reviews, approves, and transmits financial transactions in accordance with regulatory and internal controls.
- Works closely with operational personnel to understand and document operational financial issues.
Any combination of education and experience that would likely provide the required knowledge, skills, and abilities as well as possession of any required licenses or certifications is qualifying.
Education: Bachelor's degree in a work-related field/discipline from an accredited college or university.
Experience: Five (5) years of progressively responsible and directly related work experience.
Knowledge, Skills, & AbilitiesThese are the observable and measurable attributes and skills required to perform successfully the essential functions of the job and are generally demonstrated through qualifying experience, education, or licensure/certification.
Key Qualifications:
- Ability to communicate complex concepts in simple form to non-finance users to understand the appropriate use and limits of the information provided.
- Ability to develop financial analyses and provide strategic direction for the organization.
- Ability to develop financial budgets and manage expenses.
- Ability to foster effective working relationships and build consensus.
- Ability to manage, organize, prioritize, multi-task, and adapt to changing priorities.
- Ability to mediate and resolve complex problems and issues.
- Ability to provide leadership and influence others.
- Knowledge of accounting/financial principles and practices.
- Knowledge of computer systems and software used in functional area.
- Knowledge of financial statements, balance sheets, statements of operations, and cash flow.
- Knowledge of local, state, and federal regulatory requirements related to the functional area.
- Knowledge of principles and practices of organization, administration, fiscal and personnel management.