• Participates in the hospital’s long-term and short-term financial process.

• Directs and participates in the development of accounting, admission, credit/collection and internal control policies and systems and addresses related policy/system issues.

• Coordinates and controls the hospital’s cash and investment management activities.

• Prepares and analyzes financial reports and execute appropriate responsive actions.

• Assists 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.

• Serves as a liaison between the department directors and other hospital administrators/ managers in coordinating interdepartmental planning efforts and addressing major issues.

• Supports and maintains a culture of safety and quality.

• Coordinates and controls the hospital’s short-term cash activities in accordance with established financial policies and objectives.

• Evaluates data processing needs on an ongoing basis and adapts programs to changing needs.

• Directs the hospital’s banks in executing cash management decisions and works with the appropriate investment managers in coordinating fund transfers and monitoring investment performance.

• Recommends appropriate actions and strategies to respond to projected economic trends and/or regulatory changes.

• Participates in the analysis of the financial implications of proposed capital projects and expenditures and recommends the execution of appropriate measures to respond to projected economic trends and/or regulatory changes.

• Provides 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.

• Provides 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.

• Ensures that accurate information is provided on a timely basis and assists, as needed, in facilitating the efficient conduct of external audits, examinations and related financial projects

PROFESSIONAL REQUIREMENTS

• Completes annual education requirements.

• Maintains regulatory requirements, including all federal, state, local regulations and accrediting organization standards.

• Maintains and ensures patient confidentiality at all times.

• Attends annual review and performs departmental in-services.

• Works at maintaining a good rapport and a cooperative working relationship with physicians, departments and staff.

• Represents the organization in a positive and professional manner.

• Attends committee, CQI and management meetings, as appropriate.

• Resolves staff concerns at the departmental level, utilizing the grievance process as required.

• Ensures compliance with policies and procedures regarding department operations, fire safety, emergency management and infection prevention and control.

• Effectively and consistently communicates administrative directive to staff and encourages interactive departmental meetings and discussions.

• Complies with all organizational policies regarding ethical business practices.

• Communicates the mission, ethics and goals of the hospital, as well as the focus statement of the department.

REGULATORY REQUIREMENTS

• Must have thorough knowledge of accounting, finance, reimbursement, budgeting, credit card and collection as relates to healthcare
• Bachelor’s degree in Accounting or Finance required
• Requires 3-5 years of prior management experience in a hospital or healthcare setting