Finance Director
Job Summary
Responsible for overall financial administration of the hospital, including revenue cycle, general accounting, information systems and financial reporting in accordance with all hospital and corporate policies and procedures. Ensures that internal controls are adequate to safeguard facility assets and that accounting systems are sufficient to generate accurate and timely financial reports. Also responsible for preparation of the annual hospital budget along with ongoing analytics monitoring any variances and reporting to CEO and corporate office.
How You'll Contribute
- Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital's cash flow (including management of denials).
- Ensures that company policies and procedures are effective and implemented to assure minimal risk to the facility.
- Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required.
- Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures that monthly financial statements and regular productivity reports are completed and distributed on a timely basis.
- Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days).
- Contribute to and monitor performance goals and objectives (EBITDAR target).
- Analyzes variances and with CEO, develops action plans to achieve assigned targets.
- Ensures all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion.
- Typically supervises the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital.
- Responsible for preparation of annual operating and capital budgets for the hospital.
- Aids the corporate finance and accounting team in the annual independent audit preparation and process.
- Responsible for daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled and or requested.
- All other duties assigned.
What We Are Looking For
- Education: Bachelor's degree in finance or accounting or related field required. CPA preferred.
- Experience: Previous experience in healthcare overall financial operations/controls required. Experience in payroll also required. Knowledge of in-patient psychiatric and chemical dependency hospital finance preferred.
- Knowledge of: Proficient in use of Microsoft Office applications and has used computer workstation in previous roles in hospital.
Why Join Us
- Financial & Career Growth: Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
- Employee Well-being: Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
- Professional Development: Ongoing learning and career advancement opportunities.
EEOC Statement
Providence Swedish Rehab Hospital is an Equal Opportunity Employer. Providence Swedish Rehab Hospital is committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment.
Lifepoint Health
Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.