Director of Finance

Position Summary

Responsible for the establishment and maintenance of the assigned organization's financial principles, practices, and procedures; for the maintenance of its fiscal records; and the preparation of its financial reports. Stays abreast of regulatory changes and adjust policies and procedures to maintain compliance. Oversees assigned system-level functions.

Duties And Responsibilities

• Assist CFO with the development, implementation and management of organizational strategic plans, goals, and objectives. Analyzes market trends, assesses competition, and evaluates national and community standards of care to determine viability of strategic plans. Translates strategy into actionable plans.Assist CFO with developing systems and processes which deliver premier service and achieve best in class targets.
• Assist CFO with developing Operating and Capital budgets and ensure alignment with organizational goals and objectives. Analyzes budget variances and identifies appropriate action steps needed for meeting budget targets. Ensures that the budget process is timely, comprehensive, and interactive with organizational leaders.
• Assist CFO with overseeing and monitoring the organization's compliance with regulatory requirements. Works closely with the organization's compliance officer to ensure that programs are established to achieve compliance with regulatory requirements.
• Analyzes cash flow, cost control, and expenses. Analyzes financial data to pinpoint areas of potential vulnerability and provide recommendations and solutions.
• Collaborates with system wide financial management to ensure consistent policies and procedures are used throughout the organization, and to share successes within own organization that can be implemented globally to enhance efficiency and effectiveness.
• Develops and maintains an effective working relationship with other system departments to facilitate optimum financial success for the organization.
• Approve and prepare journal entries and reconciliations for GRMC, Indigent Care, and related companies.
• Ensure Hospital is Compliant with all SOX requirements, that all support is signed and dated by appropriate personnel, and any issues identified are followed-up in a timely manner.
• Assist all other departments in understanding and interpreting financial data. Prepares and distributes monthly financial data to Department Leaders. Preparation of monthly expense projections for all companies.
• Assists in month end reporting for all companies. Provides oversight to Accounts Payable to ensure expenses are properly coded in the general ledger, and that sales and use tax are properly paid or accrued.
• Assists in gathering and presenting information as requested for the preparation of cost reports, internal and external audits, healthcare surveys, and other financial analysis as required.
• All other duties as assigned
  
  

Skill Requirements

• An individual who can work well under pressure or in stressful and demanding situations or environments.
• Excellent communication skills, both written and oral.
• Ability to communicate effectively with all levels of staff and the community.
• Good computer skills
• Self-directed and self-motivated
  
  

Educational Requirements

• Bachelor's degree in Accounting, Finance, or related preferred.