Director of Finance- Healthcare
- Columbia, SC
Our client is a not for profit, healthcare organization based on out of Columbia, SC who is looking for a strong, highly motivated Director of Finance to manage all areas related to accounting and financial reporting of the organization including keeping the Board, the CEO, CFO and Controller apprised of the financial well-being of the organization, as well as to make recommendations for improvement.
The Director of Financial Operations will supervise the Financial Accounting and Accounts Payable staff in addition to the Purchasing Manager. This position, together with the Directors of Operations, Pharmacy Operations, Facilities Maintenance and Billing, as well as the Medical Director, will direct the day-to-day operations of the organization to ensure that the implemented vision of the organization maximizes patient and community values and organizational accountability
- Establish finance department policies and procedures and ensure compliance.
- Establish baseline metrics for financial accountability and report on progress towards achieving the goals.
- Oversee accounts payable and purchasing effectively to avoid over-payments, missed payments and inappropriate payments.
- Effectively manage grant funds to ensure funds are used appropriately and in accordance with grant guidelines.
- Establish and maintain accounting policies and procedures and maintain organizational compliance.
- Maintain the financial records of the health centers.
- Safeguard company’s assets.
- Work closely with the Accounts Payable to ensure timely payment of vendor invoices and other liabilities to maintain credit availability financial good health.
- Ensure and uphold the confidentially requirements of all patient records, and manage all daily tasks and activities consistent with HIPAA, state and federal laws and regulations, as well as the clinic’s policies and regulations regarding confidentiality and security.
- Ensure organizational compliance with established finance department policies and procedures.
- Develop and ensure effective, positive relationships within and among the clinic and administrative staff, as well as with patients, vendors, external auditors and state, local and federal authorities.
- Ensure all actions, job performance, personal conduct and communications represent the organization in a highly professional manner at all times.
- Uphold and ensure compliance with and attention to all corporate policies and procedures, as well as the mission and values of the organization.
- Maintain education to stay abreast of changing regulatory environment in health care and finance as well as optimum operational procedures.
PRIMARY TASKS & DUTIES
- Establish all financial accounting and reporting policies, procedures, and internal controls for the company.
- Overall supervision of, Purchasing, Accounts Payable, and General Accounting functions, as well as serving in a coordinator and liaison capacity between the payroll and accounts receivables departments.
- Recruit, supervise, train and evaluate Finance Department staff.
- Responsible for the center’s relationship with federal and state tax authorities and government regulators (BPHC, regional office, etc.).
- Ensure all insurance coverages, including director’s and officer’s, malpractice, property & casualty, etc. are renewed and in place on policy anniversary date.
- Fiscal management and/or oversight of all city, state, and federal grants.
- Supervise the preparation of all regulatory reports (i.e. FSR, Medicare, Medicaid, IRS Form 990, state tax returns, grant reports, etc.).
- Attend the finance committee meeting of the health center’s Board of Directors as needed, in person or by conference call if necessary, and present the current fiscal condition of the company.
- Prepare annual organization budget as well as individual grant budgets; coordinate all department budgets; work with all department heads throughout the year to insure that expenditures adhere to legal and budgetary requirements.
- Develop and implement consistent, timely reporting to assist Controller in managing cash flow on both near term and long term basis.
- Monthly reconciliation of balance sheet accounts
- Serve as liaison to external parties in regard to financial operations.
- Act on behalf of the Controller in case of absence and upon request.
- All other duties as assigned by the Chief Executive Officer, Chief Financial Officer or Controller.
ESSENTIAL FUNCTIONS/KEY COMPETENCIES
- Function in a multi-tasking, multiple priorities environment, while maintaining accuracy and attention to detail.
- Effectively utilize communications and conflict management strategies to communicate with a diverse employee/vendor population, often during times of high stress.
- Seek and out and utilize the best office technology and tools to move the department to fully optimized performance.
- Undergraduate degree from an accredited college or university in accounting or finance, MBA or CPA required.
- 3-5 years experience in non-profit financial management with health care experience preferred but not required.
- Experience with grant management and federal guidelines regarding budgets and financing.
- Strong computer skills and proficiency with spreadsheet and accounting software, and potential to be trained on specific software for patient information, billing and communication.
Tuesday, August 18, 2020