Chief Financial Officer – Full Time

HAMILTON HEALTHCARE SYSTEM; Hamilton; On-site; CAD 80,000 - 120,000; Full time

Job summary

A local healthcare provider in Hamilton is seeking a Finance Director to oversee treasury, budgeting, and financial management. The ideal candidate must have a Bachelor’s degree in Accounting or Finance and a CPA license is preferred. Responsibilities include maintaining financial records, preparing reports, and supporting other hospital departments. Competitive benefits including health and dental insurance are included.

Benefits

Paid time off

Health insurance

Dental insurance

Education assistance

Gym memberships

Qualifications

• Thorough knowledge of accounting, finance, reimbursement, budgeting, credit, collection, and revenue cycle as relates to healthcare.
• CPA license preferred.
• Minimum of 3 years management experience in a hospital or healthcare.

Responsibilities

• Directs business office and financial management functions.
• Maintains accurate financial records of the healthcare system.
• Prepares required financial reports and statements to Administration.

Skills

Accounting knowledge

Budgeting expertise

Financial management

Education

Bachelor's degree in Accounting or Finance

Tools

Accounting software

Job description

Overview

Directs and analyzes studies of general economic, business, and financial conditions and their impact on the District’s polices and operations. Directs the District’s financial planning and accounting practices as well as its relationship with lending institutions and the financial community. Assists in the healthcare district’s organizational development, strategic planning, and operating improvement of the District. Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, real estate and insurance activities for the District. Directs the Controller in providing and directing procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services. Appraises the District’s financial position and issues periodic financial and operating reports. Analyzes, consolidates and directs all cost accounting procedures together with other statistical and routine reports. Organizes, directs, coordinates and participates in the activities involved in the business office, financial management, and operating functions including maintaining the accounting system and record of transactions, computing operating and inventory costs, administering cash and third-party collections, accounts receivable and payable, and preparing statistical reports and financial statements for Administration. Also organizes, directs, coordinates and participates in the activities involved in Health Information, and Materials Management. OSHA Bloodborne Pathogens Class III.

Job Qualifications

• • Education: Bachelors degree in Accounting or Finance required.
  • Personal job-related skills: Thorough knowledge of accounting, finance, reimbursement, budgeting, credit, collection, and revenue cycle as relates to healthcare required.
    
  • Licensure, registry or certification: CPA license preferred.
  • Prior Work Experience: Minimum of 3 years management experience in a hospital or healthcare; 5 years of experience preferred.
  • Technical Training: Office equipment, personal computers, and accounting software training required.
  • Physical and Mental Requirements: Duties of the position require intermittent walking, sitting and standing. Some bending, stooping and reaching is required with the lifting of items up to a weight of 40 pounds.

Essential Duties and Responsibilities:

• Directs business office and financial management functions.
• Maintains accurate financial records of the healthcare system in a current status.
• Utilizes an accounting system that meets the needs of the healthcare system.
• Provides and prepares required financial reports and statements to Administration.
• Participates in credit and collection activities including those with third-party payers.
• Reviews general ledger coding of invoices and supervises the accounts payable system.
• Supervises and performs duties in the maintenance of the general ledger and the functions of the payroll system.
• Provides financial support and information to other hospital departments.
• Coordinates the organizational budget process and prepares the budget to present to Administration.
• Performs bank reconciliations.
• Compiles requested items for preparation of annual cost report and audit as requested by the accounting firm.
• Collaborates with Human Resources to provide a system for gathering information necessary to prepare, process and manage the payroll.
• Establishes the procedures and schedules needed to obtain the necessary payroll related financial information for reporting purposes.
• Provides support for preparation of federal and state payroll reporting.
• Supervises duties of accounts payable, accounting, billing and patient financial services.
• Reviews invoices for accuracy, purchase approval and compliance with purchase orders as well as to take advantage of credits or discounts.
• Collaborates with Billing Manager to ensure timeliness of claims submission.
• Collaborates with Patient Financial Services Manager to process patient statements, recognize bad debt and coordinate collection services.
• Collaborates with Insurance/Reimbursement Specialist to negotiate contracts, review reimbursement rates and enroll providers with third-party payors.
• Supervises monthly general ledger entries.
• Prepares and maintains ledgers, journals, logs and files as required.
• Compiles reports on business office activities for submission to Administration.
• Manages and supervises personnel.
• Determines staffing levels and schedules work time of office employees.
• Counsels, evaluates, disciplines and terminates staff members in compliance with hospital policy.
• Directs and coordinates department budget preparation and monitors the utilization of approved budgeted resources including supplies, equipment and adequate staffing levels for the business office functions.
• Manages activities of accounts payable and payroll in compliance with healthcare system policies.

Other Significant Requirements:

• Maintains confidentiality while working with confidential matters on a daily basis.
• Adheres to Hamilton Healthcare System’s Behavioral Standards.
• Emulates the customer service expectations for Accountability, Respect, Integrity, Service, and Excellence.
• Maintains HIPAA compliance at all times.
• Abides by the Hamilton Healthcare System Personnel Policy and Employee Handbook.
• Performs all other duties as assigned
• Maintains confidentiality while working with patient health information with regards to HIPAA and Hospital rules and regulations.
• Follows procedures for using precautions when involved in direct patient contact or when handling potentially infectious materials.
• Serves as a general supervisor of the laboratory operations in the absence of the director and if the director is not available for immediate communication

Benefits offered

• • Paid time off
  • Health insurance
  • Dental insurance
  • Healthcare spending or reimbursement accounts such as HSAs or FSAs
  • Other types of insurance
  • Retirement benefits or accounts
  • Education assistance or tuition reimbursement
  • Gym memberships or discounts
  • Employee discounts

Location

Hamilton General Hospital