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    Vice President of Finance - Oregon, United States - Knox Community Hospital

    Knox Community Hospital
    Knox Community Hospital Oregon, United States

    3 weeks ago

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    Description
    Vice President of Finance - Fiscal Services Department, FT (EXEMPT) | Knox Community Hospital

    Vice President of Finance - Fiscal Services Department, FT (EXEMPT)


    Responsible for the oversight of all accounting functions including monthly closing activities, preparation of financial statements, supervision of payroll and accounts payable processes and budget development/monitoring.

    Provides leadership and oversight over Supply Chain, Health Information Management, Central Billing Office and Revenue Integrity Departments. Provide information and education to management team to assist in departmental oversight of financial operations. Oversee annual financial audit and preparation of Medicare and Medicaid cost reports.

    KNOWLEDGE AND SKILLS
    Thorough working knowledge of Generally Accepted Accounting Principles (GAAP). Familiarity with financial ratios, cost/benefit analysis, profitability analysis, budgeting, and various financial/analytical techniques. Ability to gather, interpret, analyze and report data/information. Familiarity with state and federal regulations and laws.

    Ability to establish and implement accounting policies and procedures which are fair and consistent while remaining compliant with all governmental requirements.

    Ability to plan and manage costs to respond to changing financial requirements. Ability to develop long-term plans and programs to evaluate work accomplishments. Ability to establish and maintain effective relationships with other management staff, employees, and the general public. Ability to provide strong leadership direction. Ability to present facts and recommendations effectively in oral and written format. Must be a progressive thinker with the ability to initiate change. Must have strong interpersonal and problem-solving skills.
    EQUIPMENT/TOOLS/SOFTWARE
    Personal computer with windows-based programs.
    Microsoft Office Applications.
    Hospital Information System.
    Payroll System.

    PRIMARY JOB RESPONSIBILITIES
    Oversee monthly closing activities to ensure the development of accurate financial statements.
    Oversee preparation of monthly financial statements and board presentations.
    Monitor monthly departmental budgets and provide analyst support to the management team.
    Ensure consistent, accurate application of chart of accounts for all recorded revenues and expenses for organization.
    Provide data and analysis to assist in completion of annual Medicare and Medicaid cost reports.
    Oversee annual financial audit and timely submission of all tax reports to federal, state, local authorities.
    Provide oversight of leadership and functions of Supply Chain, Health Information Management, Central Billing Office, and Revenue Integrity Departments.
    Develop, monitor, and report on Fiscal Services Quality Indicators to identify opportunities for improvement and track improvement efforts.
    Consistently utilize data and available resources to identify trends when making decisions.

    Develop and monitor Strategic Plan platform which includes measurable goals and objectives that are consistent with the organization's' strategic plan.

    Oversight and implementation of strategic pricing initiative on an annual basis.
    Oversight of hospital cost accounting platform and analysis of contribution margin and financial trends of key hospital service lines.
    Ensure accurate and timely reporting of provider productivity and practice performance.

    Seek out and develop reporting for new metrics that provide value to providers, directors, and leadership in assessing financial performance.

    Responsible for development of annual budget that aligns with Knox Community Hospital's strategic and financial goals.

    Develop and present business plans and develops proformas relating to recruitment of new providers, acquisition of practices, or new products/services.

    Coordinates Capital Committee to ensure the organization makes appropriate decisions around new and replacement capital requests while ensuring budgeted funds are spent appropriately.


    ADDITIONAL RESPONSIBILITIES
    Participate in local, state, and national professional organizations.
    Participate in hospital activities and represent the hospital in delegated functions.
    Maintain professional growth for self to ensure current and appropriate knowledge base for areas of responsibility.
    Present a professional image.
    Participate in division meetings, education programs, committees, QI activities and mandatory in-services.
    Demonstrate initiatives in personal/professional development.
    Assists with control of costs through the judicious use of human and material resources.
    Other duties as assigned.
    Requirements Include


    EDUCATION AND WORK EXPERIENCE
    A Bachelor's degree in Accounting or Finance; and five (5) years' general experience in the financial/accounting field, OR
    A Master's degree in Business Administration, Accounting or Finance and three (3) years' general experience in the financial/accounting field, OR
    Any equivalent combination of experience and training that provides the required knowledge, skills, and abilities.
    CPA preferred.
    A minimum of two (2) years management experience required.

    #J-18808-Ljbffr


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