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UNC Health
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Controller
UNC Health Goldsboro, NC
$143k-194k (estimate)
Contractor | Hospital 7 Days Ago
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UNC Health is Hiring a Controller Near Goldsboro, NC

DescriptionBecome part of an inclusive organization with over 40,000 diverse employees, whose mission is to improve the health and well-being of the unique communities we serve.
SummaryWorks directly with the Chief Financial Officer of the hospital and is responsible for directing the financial planning, management and control systems and programs to ensure both the short and long-term viability of hospital operations. The Controller directs and coordinates the Hospital’s activities concerned with general accounting, payroll, accounts receivable, revenue cycle management, cost accounting, tax preparation, debt compliance, financial statement preparation, financial audits, financial and statistical reporting, and preparation and monitor of budgets and profit/loss studies.
Position is also responsible for coaching, motivating, and evaluating the overall performance of the finance department staff and processes.
Other Responsibilities include and are not limited to writing, maintaining, and enforcing financial policies and procedures as well as internal control policies for the hospital.
Responsibilities
  • Recommends and implements financial policies, procedures, and contracts.
  • Plans, coordinates, and directs the activities of the general accounting staff, to ensure that each balance sheet account is supported with auditable detail schedules.
  • Monitors cash receipts, disbursements, payroll time cards, inventory records and other financial records for accuracy and compliance with generally accepted accounting principles (GAAP).
  • Directs the preparation of internal financial reports, and ensures reports reliably reflect the financial position of the hospital. Provides the monthly preparation of financial statements and related analyses, including key statistics, variances, payer mix and cash flows.
  • Maintain revenue cycle model and monitor revenue analysis to ensure adequate receivable reserves are booked monthly and monitors revenue cycle trends to maximize collections for the hospital; includes attending all revenue cycle meetings (i.e. Denial Management).
  • Responsible for accurate and timely submission of statistical and financial government reporting including corporate tax returns, retirement plan reporting, escheats, quarterly state hospital association (ANDI) and bond (DAC) reports, prepares annual community benefit report for tax and public website.
  • Analyzes and explores opportunities of reducing hospital operating costs and increase revenues based on knowledge of market trends, financial reports and operating procedures. Works on value based initiatives with senior leadership team to drive reduction in costs.
  • Prepares various financial analysis, cash flow projections and reports, both periodic and special studies, including analyses and proposals for alternative financial arrangements.
  • Prepares annual budget in cooperation with senior management and department directors, establishes/maintains written instructions for a formal budget procedure, and assists in rate setting process with the Vice President, Finance. Provides recommendations to management for appropriate budget considerations. Ensures appropriate notification of rate increases are made to payers, as required by contracts.
  • Partners with clinical director stakeholders to ensure they keep their fiscal responsibility in the forefront.
  • Plans, coordinates, and prepares year-end schedules for annual audit by a public accounting firm for Wayne Health Corporation and Affiliates. Responds to management letter comments.
  • Monitoring financial and economic information to identify trends and indicators that may impact business operations, planning, investments, and so forth.
  • Evaluates the adequacy of internal controls and makes recommendations for improvement as appropriate; and through conducting internal audit procedures, verifies compliance with established policies/procedures and reports major findings to the Vice President Finance.
  • Implements the hospital cost accounting system and analyzes the generated information. Utilizes the cost accounting system for analysis of product lines related to managed care contract, rate setting, case management, and cost containment. Makes recommendations to management and other parties after analysis of data.
  • Supervises all Accounting Staff: staff accountants, payroll, and accounts payable. Communicates with staff regarding objectives of department and mentors staff to enhance their professional growth.
Other InformationEducation
  • Master's degree in accounting, business or finance from a recognized college or university.
  • Certificated Public Accountant (CPA) may replace Master requirement.
Licensure/Certification
  • Certified Public Accountant highly preferred
Experience
  • Minimum of five (5) years of private/public accounting and/or Acute Healthcare experience.
  • Supervisory experience is required
  • Strong knowledge of US GAAP principals.
Knowledge, Skills And Abilities
  • Knowledge of taxation practices and an understanding of internal control practices is required.
  • Knowledge of Acute Revenue Cycles, Hospital information system (Billing and Accounts Receivable); Electronic Accounting systems, decision Support systems is required. EPIC, INFOR, Strata Decision System, and Business Objects BI) is preferred.
  • Strong ability to mentor/motivate staff to reach their full potential and become a valuable asset to the organization.
  • Reliable along with the ability to prioritize and meet deadlines.
  • Good problem solving and organizational skills.
  • Must be able to handle multiple, simultaneous tasks effectively and efficiently while maintaining a professional, courteous manner.
  • Must be detail oriented, organized, confidential, professional, and a team player.
  • Ability to read, write and communicate effectively.
  • Highly proficient with MS Office tools, Excel and financial reporting tools, with the ability to learn new software rapidly.
Valid NC Driver’s License: No
If driving a Wayne UNC Vehicle, must be 21 years old and MVR must be approved by Risk Management.
01.8510.ACCT-128
Job Details
Legal Employer: Wayne Health
Entity: Wayne UNC Health Care
Organization Unit: Accounting
Work Type: Full Time
Standard Hours Per Week: 40.00
Work Assignment Type: Onsite
Work Schedule: Day Job
Location of Job: WAYNE MED
Exempt From Overtime: Exempt: Yes

Job Summary

JOB TYPE

Contractor

INDUSTRY

Hospital

SALARY

$143k-194k (estimate)

POST DATE

06/07/2024

EXPIRATION DATE

07/05/2024

WEBSITE

www.unchealthcare.org

HEADQUARTERS

Morrisville, North Carolina

SIZE

15,000 - 50,000

CEO

Tom Murray

REVENUE

<$5M

INDUSTRY

Hospital

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About UNC Health

The UNC Health Care System is a not-for-profit integrated health care system, founded in 1998, owned by the State of North Carolina and based in Chapel Hill. It exists to further the teaching mission of the University of North Carolina and to provide state-of-the-art patient care. A distinguishing characteristic of UNC Health Care is its association with the UNC-Chapel Hill School of Medicine, a nationally eminent research institution. This relationship gives UNC Health Care a powerful pathway for moving the results of biomedical research from medical school laboratories to patient care settin ... gs. UNC Health Care has been granted broad powers by the North Carolina General Assembly to assure its management flexibility and competitiveness in a rapidly changing health care business environment. The enterprise is governed by a board of directors appointed by the University of North Carolina. More
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