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    Controller/Director of Finance - New York, United States - Bingham Memorial Hospital

    Bingham Memorial Hospital
    Bingham Memorial Hospital New York, United States

    3 weeks ago

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    Description
    Bingham Memorial Hospital, BLACKFOOT, ID, US
    9 days ago

    Requisition ID: 1989

    We are looking for a highly motivated leader to join our ever growing team here at Bingham.

    You must be willing and able to learn new skills and adapt to change often, as the medical field is ever changing.

    You must have good communication skills and be detail oriented. We have multiple providers and specialties and provide services in several of our surrounding areas.

    If you are looking for a rewarding and fulfilling career and enjoy fast paced environments this will be a good fit for you.


    JOB REQUIREMENTS

    Minimum Education:
    Bachelor's degree, preferably in accounting or business administration. MBA/MHA preferred.

    Minimum Work Experience:
    F5 years healthcare experience required, at least 3 years with supervisory responsibility. Seven years work experience with increasing responsibility in the accounting field. Three years working with the CPA designation preferred.

    Required Licenses / Certifications:
    CPA Preferred

    Required Skills, Knowledge, and Abilities:
    Ability to prepare financial statement, records, and reports using both accrual and cash methods. Understands multi-entity consolidation techniques and their purposes. Must communicate up and down organizational lines. Balances multiple projects and deadlines. Management skills are critical.

    Ability to read, interpret, and analyze financial reports, legal documents, business reports and journals, and reports issued by the financial and accounting regulatory agencies.

    Ability to respond diplomatically to inquiries from vendors, patients, regulatory agencies, or the general business community. Ability to present information to management, regulatory agencies/groups, or others. Working knowledge of computer accounting software with preference given to working knowledge of Meditech applications. Advanced Microsoft Excel skills as validated through testing. Ability to work with mathematical concepts and to apply principles such as fractions, ratios, and percentages. Ability to define problems, collect data, establish facts, and draw valid conclusions. Exceptional interpersonal skills are required.

    Position will be required to maintain high ethical standards and always act with integrity in the conduct of their duties.

    Advanced Microsoft Excel skills validated by testing including sorting, subtotaling, pivot tables/charts, filtering, importing data from external data sources, Seven years experience working with computerized accounting applications with preference given to experience with Meditech applications.

    Exposure to QuickBooks.

    BASIC PURPOSE OF THE JOB

    Under the direction of the CFO and with the support of accounting personnel, apply principles of accounting to analyze financial information and prepare financial reports.

    Maintain accuracy and integrity of the General Ledgers and all associated accounts, multiple subsidiary ledgers, and all bank accounts of the Hospital and multiple affiliated entities.

    Compile and prepare monthly financial statements and financial information for presentation to the Board of Trustees and Hospital management.

    Prepares a myriad of work papers, reports, and supporting documentation for third-party, independent audit firms engaged to complete regular and ad hoc audits.

    Prepares and maintains the same in preparation for Medicare Cost Report completion. Prepares ad hoc statements of financial position as requested by Hospital Management and Administration.

    LEADERSHIP COMPETENCIES
    Demonstrates the ability to communicate the hospital's mission, vision, and values, as well as departmental goals, to all staff. Provides leadership and guidance to other leaders and staff in goal setting, problem solving, resource management, and outcome achievement. Defines performance objectives for the department and assesses the level of competence of staff in a timely manner. Demonstrates a commitment to a healthy work environment by modeling the desired behaviors and encouraging those in others. Demonstrates the ability to embrace and manage change, as well as help others do the same.

    Collaborates with other departments to create systems, solve problems, and resolve ongoing issues that impact departmental/organizational goals and patient care delivery.

    Demonstrates fiscal accountability for department resources and the ability to achieve outcomes within allocated resources. Incorporates quality improvement data and/or patient satisfaction data into departmental goals. Demonstrates a clear understanding of regulations applicable to patient care and/or other department functions. Attains all agreed goals and objectives within specified time frames as part of the organization's overall mission. Occasional after hours and weekend work to perform tasks that cannot be done during business hours. Is responsible for determining, updating and implementing proper charge schedules for services rendered.

    ESSENTIAL FUNCTIONS

    Under the direction of the CFO, plans, organizes, and administers the hospital accounting practices and procedures, the maintenance of fiscal records, and preparation of financial reports.

    Has managerial responsibilities for general accounting, budgeting, and tax functions for Hospital and affiliates. Bank statement reconciliations for all Hospital and affiliated entities on a timely monthly basis. Compile and analyze financial information to prepare entries to accounts.

    Analyze financial information detailing assets, liabilities, and capital, and prepare balance sheet, profit and loss statement, and other financial reports to summarize current and projected Hospital and affiliates' financial position.

    Prepare and compile monthly financial statements and statistical information for presentation to the Board and management. Assist with the preparation of annual budget for the Hospital and all affiliated entities.

    Establish, modify, document, and coordinate the implementation of accounting procedures and their control based on the review of processes and system controls.

    Coordinates with department managers for the individual department's financial reporting. Performs or supervises the reconciliation of balance sheet accounts.

    Supervise and review Accounts Payable, Payroll, General Ledger Accountant, Grant Writer, and Assistant Controller functions of the Fiscal Services Department.

    Train, hire, manage, discipline or terminate staff directly responsible for the accounting functions.

    Manage the annual compilation of the Cost Report, including calculating and evaluating current allocations to correctly enter expenses to cost centers for Medicare/Medicaid reimbursements.

    Be knowledgeable of Medicare/Medicaid and other insurance reimbursement regulations and monitor contractual adjustments.

    Manage the annual audit and assist the external auditors with the completion of annual financial audit for the Hospital and affiliated entities.

    Complete special assignments as directed by the CFO and/or CEO.

    Responsible for journal entries (completion and review), review of interim statements, and the timely monthly closing of the general ledger for financial reporting.

    Oversee and manage the daily cash flow activities of the Hospital and affiliates including daily review of ledger balances as reported by financial institutions.

    Is responsible for the complex ACH, EFT, and other electronic transactions between affiliated corporations, vendors, customers, and other stakeholders. Responsible for all payroll tax reporting. Prepares monthly sales tax filing. Collaborates with grant-writing staff to prepare all grant-related financial reports. Assists and trains department managers with department-specific fiscal matters including budget variance management, mitigation, and rectification.

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