VP of Finance - Fiscal Services Department, FT

JOB SUMMARY

Responsible for the oversight of all accounting functions including monthly closing activities, preparation of financial statements, supervision of payroll and accounts payable processes and budget development/monitoring. Provides leadership and oversees the Materiel Management , Physician Practices Billing and Revenue Integrity Departments. Provide information and education to management team to assist in departmental oversight of financial operations. Oversee annual financial audit and preparation of Medicare and Medicaid cost reports.

KNOWLEDGE AND SKILLS

Thorough working knowledge of Generally Accepted Accounting Principles (GAAP). Familiarity with financial ratios, cost/benefit analysis, profitability analysis, budgeting, and various financial/analytical techniques. Ability to gather, interpret, analyze and report data/information. Familiarity with state and federal regulations and laws. Ability to establish and implement accounting policies and procedures which are fair and consistent while remaining compliant with all governmental requirements. Ability to plan and manage costs to respond to changing financial requirements. Ability to develop long-term plans and programs to evaluate work accomplishments. Ability to establish and maintain effective relationships with other management staff, employees, and the general public. Ability to provide strong leadership direction. Ability to present facts and recommendations effectively in oral and written format. Must be a progressive thinker with the ability to initiate change. Must have strong interpersonal and problem solving skills.

EQUIPMENT/TOOLS/SOFTWARE

• Personal computer with windows based programs
• Microsoft Office applications
• Internet and email
• Copier/Fax/Printer/Scanner
• Hospital Information System
• Payroll System

PRIMARY JOB RESPONSIBILITIES

• Oversee monthly closing activities to ensure the development of accurate financial statements.
• Monitor monthly budgets, provide support to management team in oversight of budgets.
• Ensure consistent, accurate application of chart of accounts for all recorded revenues and expenses for organization.
• Oversee preparation of monthly financial statements.
• Provide data and analysis to assist in completion of annual Medicare and Medicaid cost reports.
• Oversee annual financial audit and timely submission of all tax reports to federal, state, local authorities.
• Provide direction and assistance to the Fiscal Services staff in the daily performance of their duties.
• Oversees the functions of Materiels Management and Revenue Integrity Departments.
• Oversees the functions of Physicians Billing Department.
• Provides leadership direction to the management of Materiels Management, Physicians Billing and Revenue Integrity Departments.
• Develop and implement staff development and education plans utilizing staff input.
• Conduct timely performance appraisals which contain mutually established goals.
• Effectively intervene in a timely and appropriate manner when dealing with employee disciplinary issues.
• Ensure technical competency of all department personnel.
• Provide information and gains input from employees by conducting monthly staff meetings.
• Develop, monitor, and report on Fiscal Services Quality Indicators to identify opportunities for improvement and track improvement efforts.
• Consistently utilize data and available resources to identify trends when making decisions.
• Develop and monitor Fiscal Services Strategic Plan which includes measurable goals and objectives that are consistent with the organizations' strategic plan.
• Demonstrate a positive attitude and take the initiative to implement changes.
• Participate in Chargemaster Team.

ADDITIONAL RESPONSIBILITIES

• Participate in local, state, and national professional organizations.
• Participate in hospital activities and represent the hospital in delegated functions.
• Maintain professional growth for self to ensure current and appropriate knowledge base or area of responsibility.
• Present a professional image.
• Participate in division meetings, education programs, committees, QI activities and mandatory in-services.
• Demonstrate initiatives in personal/professional development.
• Assists with control of costs through the judicious use of human and material resources.
• Other duties as assigned.