Controller

Romehosp; City of Rome (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

A healthcare organization in New York is seeking a Controller to lead financial operations. The role involves directing budgeting, financial reporting, and reimbursement processes while managing a finance team. Candidates should have a Bachelor's degree in Accounting or Finance, with CPA or MBA preferred, along with 3-5 years of relevant experience. This leadership position offers a chance to impact the financial health of our hospital significantly. If you are a strategic finance professional, we encourage you to apply.

Qualifications

• Minimum of 3-5 years of experience in hospital fiscal services.
• At least 3 years in a supervisory or management role.
• Strong problem-solving and analytical skills.

Responsibilities

• Direct and manage the hospital's financial operations.
• Lead preparation and analysis of the hospital's budget.
• Ensure accurate accounting practices for reimbursement processes.
• Manage a team of finance professionals.
• Prepare in-depth financial analyses for management decisions.
• Ensure compliance with accounting policies and regulations.
• Drive improvements in financial processes and systems.

Skills

Advanced proficiency in Microsoft Excel

Familiarity with financial accounting systems

Strong understanding of cost accounting

Knowledge of hospital revenue cycle

Experience with Medicare/Medicaid reimbursement

Education

Bachelor's degree in Accounting, Finance, or related field

CPA or MBA preferred

Job description

Position Overview:

Rome Health is seeking a highly skilled and strategic Controller to lead the financial operations of our hospital. This leadership role offers a unique opportunity for an experienced finance professional to make a significant impact by overseeing critical accounting functions, ensuring financial integrity, and guiding executive management through detailed financial analysis and reports. If you are a proactive, solution-oriented leader with expertise in healthcare finance, we want you to join our team!

Key Responsibilities:

• Financial Leadership: Direct and manage the hospital's financial operations, ensuring accurate and timely reporting, budgeting, and cost management.
• Budget and Financial Reporting: Lead the comprehensive preparation and analysis of the hospital's budget, including salary, capital, and operational expenses, and assist departments with budget preparation. Oversee the generation of internal financial reports and performance metrics for executive management.
• Cost Accounting & Reimbursement: Ensure accurate accounting practices for reimbursement processes, including Medicare, Medicaid, and third-party insurers. Lead efforts to develop cost reports, reconcile financial statements, and analyze reimbursement trends.
• Team Collaboration & Supervision: Manage a team of finance professionals, including the Finance Manager, Payroll Manager, and Accounting Supervisor. Foster a culture of continuous improvement and collaboration within the finance department.
• Financial Analysis: Prepare in-depth financial analyses and reports on income, expenses, and earnings to help guide hospital management decisions. Interpret financial data and provide actionable insights on internal economic conditions and trends.
• Compliance & Best Practices: Ensure adherence to corporate accounting policies (GAAP), internal audit guidelines, and all regulatory requirements. Manage the preparation of the CMS/DOH institutional cost report, 340B program compliance, and other critical regulatory filings.
• Operational Excellence: Drive improvements in financial processes and systems, ensuring the integrity of financial reporting and continuous monitoring of departmental performance.
• Special Projects: Lead or support special projects, financial studies, and initiatives that contribute to the hospital's financial performance and operational success.

Qualifications & Experience:

• Education: Bachelor's degree in Accounting, Finance, or related field; CPA or MBA preferred.
• Experience: Minimum of 3-5 years of experience in hospital fiscal services, with at least 3 years in a supervisory or management role.
• Technical Skills:
  • Advanced proficiency in Microsoft Excel (Modeling, Reconciliations, Pivot Tables, Logic Formulas).
  • Familiarity with financial accounting systems, finance/billing systems, and database management.
  • Strong understanding of cost accounting, budgeting, third-party reimbursement, and financial reporting.
  • Knowledge of hospital revenue cycle, charge master, 990 reporting, and debt management.
  • Experience with Medicare/Medicaid reimbursement and financial reporting requirements.
  • Familiarity with DSRIP VBP/VBPQIP, CMS cost reports, and NYSDOH financial regulations.

Desired Skills:

• Leadership: Ability to provide decisive leadership and mentorship to the finance team, ensuring that departmental objectives are met with excellence and efficiency.
• Analytical Skills: Exceptional problem-solving and analytical abilities with a focus on providing actionable insights.
• Communication: Strong verbal and written communication skills with the ability to present complex financial information clearly to both financial and non-financial stakeholders.
• Organization: Excellent organizational and time management skills with the ability to prioritize tasks and manage multiple projects effectively.
• Collaboration: Strong interpersonal skills and a collaborative approach to working with cross-functional teams, department managers, and senior leadership.

Work Schedule: Monday through Friday, 8:00 AM - 4:30 PM, with additional hours as required.

Why Join Rome Health?

At Rome Health, we are committed to fostering a positive, team-oriented work environment that promotes personal and professional growth. As our Controller, you will play a pivotal role in shaping the financial health of the hospital, ensuring that we can continue to provide exceptional care to our community. If you are looking for a rewarding leadership position where your expertise will directly impact the success of our hospital, we encourage you to apply!