Financial Operations Manager

2 days ago

Frisco, Texas, United States Conifer Revenue Cycle Solutions Full time
Job Summary

The Financial Operations Manager assists the Chief Financial Officer (CFO) in overseeing all daily financial operations, including month-end close review, analysis, and action planning, as well as daily key performance indicator monitoring and supply chain and revenue cycle operations oversight. This role is responsible for safeguarding hospital assets and ensuring the financial statements, including the books and records, are prepared and maintained in accordance with Generally Accepted Accounting Principles (GAAP). The Financial Operations Manager provides hands-on training, continuous improvement, and assistance to department leaders and staff related to market financial operations.

Key Responsibilities
  • Participate in the market's long-term and short-term financial process, making recommendations, analyzing deficiencies, and preparing reports as needed.
  • Provide director-level oversight for finance teams with Lab and GME, functioning in a lead role with hospital controllers to optimize performance with finance teams in the markets.
  • Work with market department leaders and staff to develop work plans to improve financial operations and quantify financial impact of improvement projects.
  • Stay attuned to activities within the Internal Audit department to ensure compliance, completing self-audit risk assessments and ensuring SOX compliance.
  • Responsible for timely and accurate month-end reporting and performance analysis for both revenue and cost to budget/forecast, working knowledge and responsibility for balance sheet reconciliation review.
  • Identify areas of shortfall and assist in the development of mitigation plans, completing all quarterly/routine forecasts in a timely and accurate fashion for the CFO review and approval.
  • Responsible for the annual operating budget process for the market entities, including collection of information, obtaining input from department leaders, and determining ways to accomplish budget goals efficiently and effectively.
  • Assist department heads in program planning, including organizational goal achievement, budgeting, facilities, equipment, supplies, utilization, and statistical/financial reporting.
  • Prepare revenue, cost, and service line analysis, as well as pro forma development as needed, working closely with the CFO on initiatives to ensure successful management of financial operations.
  • Be able to perform responsibilities of the CFO if necessary.
Requirements
  • Required: Bachelor's Degree in Accounting or Finance, or equivalent minimum experience requirements.
  • Required: Five (5) years working in hospital accounting or finance.
  • Preferred: Seven (7) years working in hospital accounting or finance.

Conifer Revenue Cycle Solutions is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to creating an inclusive work environment that values diversity, equity, and inclusion.

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