Market Operations Manager

1 week ago

Louisville, Kentucky, United States Kindred Hospitals ARU Overhead Full time

Market Financial Controller

Kindred Hospitals ARU Overhead is seeking a highly skilled Market Financial Controller to join our team. As a key member of our financial services department, you will play a critical role in the management of our fiscal services, including the development, interpretation, coordination, and administration of our hospital's policies on finance, accounting, insurance, financial/accounting systems, internal controls, and auditing.

Key Responsibilities:

  • Assist in the management of the fiscal services department, including the development, interpretation, coordination, and administration of the hospital's policies on finance, accounting, insurance, financial/accounting systems, internal controls, and auditing.
  • Maintain departmental reports and records and collect statistical data for administrative and regulatory purposes.
  • Coordinate the functions of reimbursements, budget, patient accounting, medical records, admissions, and general accounting, which includes general ledger accounting, accounts payable, and cashiering.
  • Prepare reports outlining the hospital's financial position in all areas of assets, liabilities, income, and expense, based on past, present, and planned future operations.
  • Participate in planning and creating the hospital's strategic, operational, service design, and other organizational plans and policies to achieve the mission and vision of the market hospitals.
  • Assist the CFO in planning and developing departmental budgets, revenue, capital, and operational expenses, enough staff, and any other plans for allocation of fiscal or other resources according to the scope of services provided.
  • Develop, design, and provide for a written scope of services, departmental policies, and procedures that guide and support the provision and integration of services according to the mission and vision of the hospital.
  • Direct the coordination and integration of departmental services with other departments and the hospital's primary functions.
  • Communicate the hospital's mission, vision, and plans with staff that guide them in their day-to-day activities. Promote and motivate staff members to implement department and hospital operational, programmatic, and other plans.
  • Recommend and determine enough staff to provide services and define qualifications, performance expectations, and competence of each person.
  • Provide orientation, in-service training, continuing education, annual performance, and competency reviews of department personnel to ensure staff is competent to provide services.
  • Participate in hospital and departmental performance improvement activities to measure and assess the quality of services provided.
  • Ensure accuracy and completeness of the market hospital's financial statements.
  • Coordinate all financial activities for the market hospitals and manage multiple subordinate department managers who supervise staff members in multiple departments that may include, but are not limited to: Admitting, Business Office, Accounting, Medical Records, and Materials Management.
  • Participate in the hospital's long-term and short-term financial processes.
  • Adhere to all financial policies and procedures as established by the Corporation through its Board of Directors.
  • Participate in the development of accounting, admission, credit/collection, and internal control policies and systems and address related policy/system issues.
  • Provide advice and guidance and assist as necessary in preparing and analyzing financial reports/statements in conformance with standard accounting practices and guidelines and execute appropriate responsive actions.
  • Participate in the development of an annual budget for the market hospitals and monitor the performance of all departments and services in conformance with the budget.
  • Assist in evaluating the adequacy of the hospital's insurance coverage and in handling special/sensitive cases or problems and providing advice and guidance as necessary in preparing and analyzing risk management and insurance reports and appropriate executive responsive actions.
  • Evaluate data processing needs on an ongoing basis and recommend programs to changing needs.
  • Participate in the analysis of the financial implications of proposed capital projects and expenditures and recommend the execution of appropriate measures to respond to projected economic trends and/or regulatory changes.
  • Review contracts and make recommendations regarding the viability of the contracted service, the cost of the program/service, and general conditions of the contract.
  • Provide advice and assistance to department heads and managers in analyzing and interpreting financial data and reports and in presenting that information to their departments and/or physician groups.
  • Ensure that accurate information is provided on a timely basis and assist, as needed, in facilitating the efficient conduct of external audits, examinations, and related financial projects.
  • May assume the administrative responsibilities of the CEO in his/her absence.

Requirements:

  • Excellent oral and written communication and interpersonal skills.
  • Basic computer skills with working knowledge of Microsoft Office applications, Patient Accounting systems, and General Ledger systems.
  • Must have thorough knowledge of accounting, finance, reimbursement, budgeting, credit, and collection as relates to healthcare.
  • Ability to spend a limited amount of time on travel required.

Qualifications:

  • Bachelor's degree in accounting or finance. An equivalent combination of education, training, and experience may substitute for education requirements.
  • Licensed Certified Public Accountant preferred.
  • Minimum 3 years' prior management experience in a hospital or healthcare setting.

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