- Assists the CFO with driving business results and long-term strategic plans
- Develops understanding of financial and nonfinancial business drivers and provides insight to the MSRH finance team on how to optimize performance
- Directs and oversees budgeting and forecasting, as well as standard management reporting
- Oversees the accounting operations of the hospital, including their control systems, transaction-processing operations, and policies and procedures
- Plans, directs, supervises, and coordinates functions and activities of assigned personnel, including evaluating performance and initiating or recommending personnel actions
- Ensures distribution of monthly accounting reports, providing insights and support for MSRH leadership
- Oversee month end close process for MSRH in collaboration with UTHSA Finance Team
- Establish process to collect necessary data to complete and file the annual Cost Report
- Support annual budget process and month end variance reporting
- Develop and manage bi-weekly productivity system for MSRH
- Provides leadership and governance for timely and accurate financial reports and analysis to support better business decision-making and overall strategies
- Work with operational leadership to analysis services lines and create pro formas related to new business opportunities.
- Pull data and complete surveys as needed.
- Provides key management reports and other key performance indicators that are easily understood by financial and nonfinancial personnel, and presents a summary of results to senior management
- Builds financial acumen through participation and active involvement to ensure adequate financial and operational reporting from these systems, using accurate information to run the hospital
- Establishes overall accounting priorities and ensures all deadlines are met
- Works with other members of the finance team and FP&A team to support other initiatives, including pricing, reporting, and strategic analytics, with a focus on improving margins and identifying opportunities for growth
- Directs staff in preparation for results presentation to the finance team
- Defines and directs special projects to advance financial analysis and quality of reports to support management decisions
- In conjunction with hospital operations, oversees periodic reviews of job performance to ensure financial completeness and accuracy; ensures the hospital is capturing all annual revenue opportunities in all lines of business, including pricing, rates, and business cases on investment proposals with a clear demonstration of return on investment
- Provides timely, complete, and accurate budget information; leads annual budgeting planning; investigates variances from the budget; works with the operations team to get back to budget; and reports significant issues to management
- Provides timely and accurate forecasting information, supports the rationale for variances from previous forecasts
- Collaborates and ensures timely flow of documentation and information between MSRH and all central UTHSA finance departments
- Supports all financial audits; coordinates information to all internal and external auditors for all financial audits, resulting in minimal audit adjustments or findings
- Assesses finance staffing levels and skill sets to evaluate needs
- Ensures compliance with all UTHSA policies, as well as all state and federal regulations
- Performs other job-related duties as assigned
- Master's degree in accounting, finance, or a related field required
- Eight years of experience in hospital accounting or finance required
- Certification as a CPA or CMA
- Experience in Academic Medical Center
- Knowledgeable in 340B
- Experience in Ambulatory/Physician Practice environment
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Director, Healthcare Finance - San Antonio, United States - UT Health San Antonio
Description
Job Summary
UT Health San Antonio is broadening its reach in clinical care with the opening of the new UT Health San Antonio Multispecialty & Research Hospital.
This eight-story 144-bed facility will offer uninterrupted patient care in one location within San Antonio, TX, the 7th largest city in the U.S.
Reporting directly to the Healthcare Chief Financial Officer (CFO), the Healthcare Finance Director serves as a business partner, adviser, and key contributor to the CFO in the development of long-term strategies and short-term goals through sound business insight as well as synthesized financial information through financial reporting, business analysis, insight, recommendations, plans, and forecasts.
Job Duties
Required