A healthcare consultancy firm in the Philippines is seeking a Controller to oversee financial integrity and implement internal controls. This role involves managing the revenue cycle, ensuring compliance with tax regulations, and optimizing financial system integration. The ideal candidate will have experience in governance and financial management within the healthcare sector, ensuring efficient liquidity and cash flow management. The position is pivotal to maintaining operational efficiency and fulfilling organizational financial obligations.
Qualifications
Experience in designing internal controls and governance systems.
Strong understanding of revenue cycle management practices.
Familiarity with treasury and cash flow management in healthcare.
Responsibilities
Design and enforce internal controls to prevent fraud.
Monitor revenue cycle to ensure financial health.
Manage liquidity for payroll and capital equipment.
Job description
The Controller’s role is defined by oversight and process integrity.
Internal Controls & Governance: Designing and enforcing the "check and balance" systems that prevent fraud and ensure data integrity across various departments (Pharmacy, HR, Surgery).
Revenue Cycle Management (RCM) Strategy: Monitoring the "Contractual Allowance"—the difference between what the hospital charges and what insurance companies actually pay—to ensure the hospital isn't losing money on under-coded procedures.
Treasury & Cash Flow Management: Managing the hospital's liquidity to ensure payroll for thousands of employees is met and capital for expensive medical equipment is available.
Financial System Integration: Leading the implementation or optimization of the Hospital Information System (HIS) to ensure clinical data flows accurately into financial reports.
Tax & Non-Profit Compliance: For non-profit hospitals, ensuring compliance with IRS Form 990 and community benefit reporting to maintain tax-exempt status.