Controller, Finance & Banking, Financial Manager

Description

Kindred Hospital Paramount and Acute Rehabilitation Unit (ARU) is 177-bed hospital. With 159 long-term acute care hospital (LTACH) beds, we offer the same in-depth care you would receive in a traditional hospital, but for an extended recovery period. Our 18-bed ARU is designed for people who have experience the debilitating effects of an acute injury, impairment or illness and like the LTACH, we partner with your physician and offer 24-hour clinical care seven days a week so you can start your journey to wellness.

Job Summary

Assists the CFO in the management of the fiscal services department, including the development, interpretation, coordination, and administration of the hospital's policies on finance, accounting, insurance, financial/accounting systems, internal controls, and auditing. Maintains departmental reports and records and collects statistical data for administrative and regulatory purposes. Coordinates the functions of reimbursements, budget, patient accounting, medical records, admissions and general accounting, which includes general ledger accounting, accounts payable, and cashiering.

Prepares report outlining hospital's financial position in all areas of assets, liabilities, income and expense, based on past, present, and planned future operations.

Essential Functions

Leadership

* Participates in planning and creating the hospital's strategic, operational, service design and other organizational plans and policies to achieve the mission and vision of the hospital.

* Assists the CFO to plan and develop departmental budgets, revenue, capital and operational expenses, sufficient number of staff, and any other plans for allocation of fiscal or other resources according to the scope of services provided.

* Develops, designs and provides for a written scope of services, departmental policies and procedures that guide and support the provision and integration of services according to mission and vision of the hospital.

* Directs the coordination and integration of departmental services with other departments and the hospital's primary functions.

* Communicates the hospital's mission, vision, and plans with staff that guides them in their day-to-day activities. Promotes and motivates staff members to implement department and hospital operational, programmatic and other plans.

* Recommends and determines the sufficient number of staff to provide services and defines qualifications, performance expectations and competence of each person.

* Provides for orientation, in-service training, continuing education, annual performance and competency reviews of department personnel to ensure staff is competent to provide services.

* Participates in hospital and departmental performance improvement activities to measure and assess the quality of services provided.

Job Specific

* Ensures accuracy and completeness of the hospital's financial statements.

* Coordinates all financial activities for the hospital and manages multiple subordinate department managers who supervise staff members in multiple departments that may include, but is not limited to:
Admitting, Business Office, Accounting, Medical Records and Materials Management.

* Participates in the hospital's long-term and short-term financial process.

* Adheres to all financial policies and procedures as established by the Corporation through its Board of Directors.

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

* Provides advice and guidance and assists as necessary in preparing and analyzing financial reports/statements in conformance with standard accounting practices and guidelines and executes appropriate responsive actions.

* Participates in the development of an annual budget for the Hospital and monitors the performance of all departments and services in conformance with the budget.

* 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.

* Evaluates data processing needs on an ongoing basis and recommends programs to changing needs.

* 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.

* Reviews contracts and makes recommendations regarding the viability of the contracted service, the cost of the program/service and general conditions of the contract.

* 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…