What are the responsibilities and job description for the Healthcare Project Accounting Budget Director position at Healthlink Advisors?
The Healthcare Project Accounting Budget Director is responsible for overseeing financial planning, budgeting, and project accounting within a healthcare organization. This role ensures the financial integrity of healthcare projects by monitoring budgets, analyzing expenditures, and providing strategic financial guidance to leadership. The ideal candidate has a strong background in healthcare finance, project accounting, and compliance with industry regulations.
Key Responsibilities:
Budgeting & Financial Planning:
- Develop, manage, and oversee project budgets across multiple healthcare initiatives.
- Collaborate with department heads to forecast financial needs and allocate resources efficiently.
- Monitor budget variances and recommend corrective actions to ensure financial stability.
Project Accounting & Financial Management:
- Track and report financial performance for healthcare projects, ensuring accuracy and compliance.
- Maintain proper financial controls, ensuring adherence to internal policies and industry regulations.
- Oversee project-related financial reporting, ensuring transparency in funding and expenditures.
- Work with project managers to assess financial risks and implement cost-control measures.
Compliance & Audit:
- Ensure compliance with healthcare financial regulations, including Medicare/Medicaid reimbursement policies.
- Coordinate with auditors and regulatory bodies for financial audits and reporting requirements.
- Develop and enforce policies to maintain financial integrity and operational efficiency.
Strategic Leadership & Collaboration:
- Provide financial insights and recommendations to senior leadership for strategic decision-making.
- Collaborate with cross-functional teams, including finance, operations, and clinical departments.
- Lead a team of accounting professionals, providing mentorship and development opportunities.
Qualifications & Skills:
Education & Experience:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field (Master’s degree preferred).
- CPA, CMA, or CFA certification is a plus.
- 7 years of experience in healthcare finance, project accounting, or budget management.
- Experience with financial reporting systems, ERP software, and healthcare budgeting tools.
Key Competencies:
- Strong knowledge of healthcare financial regulations, including GAAP, HIPAA, and reimbursement policies.
- Expertise in budget forecasting, cost analysis, and financial modeling.
- Excellent leadership, communication, and problem-solving skills.
- Ability to analyze complex financial data and present actionable insights.
- Proficiency in financial software such as Epic or Workday.
