What are the responsibilities and job description for the Assistant Controller Financial Management position at Tenet Health?
Description - External
Children's Hospital of Michigan is an international leader in pediatric and adolescent medicine. Surgical services include general, thoracic, reconstructive and cardiovascular. Imaging technology designed specifically for children provides advanced diagnostic services including Positron Emission Tomography (PET) and MRI. The Children's Hospital of Michigan Emergency Department is a verified Level 1 Pediatric Trauma Center and dedicated pediatric burn center. Experts in pediatric critical care, rehabilitation, and neonatal and perinatal medicine provide care for thousands of children every year at Children's Hospital of Michigan, Children's Hospital of Michigan - Troy and six ambulatory sites.
Job Summary
Manages the personnel, operational and financial activities of the general accounting function for multiple sites including, but not limited to, the generation of monthly financial statements and supporting schedules.
Meets regularly with hospital business partners and corporate finance management to review financial statements, including the variance analysis of key income statement and balance sheet anomalies.
Understands the relationship between operational activity and financial results through collaboration with hospital departments.
Manages the personnel, operational and financial activities of the capital allocation process for the Detroit market. Ensures the accuracy of the capital allocation process and forecasting of cash flow.
Evaluates and constructs business plans, Pro Formas, and ROIC analysis for new strategic projects. Overseas administrative capital allocation process. Works with the Director of Net Revenue with regards to the personnel, operational and financial activities of the net revenue function.
Aids the preparation of annual and quarterly cost reports, net revenue maximization and modeling impacts of changes in third party regulations and commercial payor contracts.
Conducts complex analyses on assigned operating units costs and applicable third party reimbursements and makes recommendations on the development of financial strategies to maximize net revenues and cost recovery. Initiates and recommends personnel actions, including employee mentoring, goal setting, and performance evaluations.
Develops goals and measures for area of responsibility in conjunction with higher level management. Monitors activities for and ensures compliance with laws, government regulations, JCAHO requirements and DMC policies. As directed, implements external and internal audit recommendations.
Ensures hospital departments achieve objectives for diversity of their suppliers.
Qualifications :
- Bachelor's Degree in Accounting, Business Administration, or related field or equivalent combination of education and experience. MBA or equivalent Advanced degree preferred.
- 5 years experience in a progressively more responsible financial management position, including development of accounting functions, financial modeling and forecasting experience, preferably in a health care setting. e
