Director, Finance/Controller (Bothwell Regional Health Center)

Ovation Healthcare; Crest (CA); On-site; USD 90,000 - 150,000; Full time

Job summary

Ovation Healthcare in the United States is seeking a Director of Finance/Controller to oversee financial accounting, accounts payable, and payroll, and to prepare timely financial reports for management and external parties. The role reports to the Chief Financial Officer, coordinates annual audits, and ensures compliance with GAAP.

Relocation to the Sedalia, Missouri area is required for this position. Strong leadership, strategic thinking, and experience in healthcare accounting are essential,

Qualifications

• Bachelor’s degree in Accounting from an accredited college.
• CPA or MBA in Accounting is desired.
• 3–5 years of accounting experience, healthcare preferred, with staff supervision.

Responsibilities

• Directs the preparation and analysis of internal and external financial statements in conformance with GAAP.
• Manages daily cash management operations and investment oversight.
• Evaluates new or modified accounting systems and develops monthly revenue/expense monitoring tools.
• Directs annual preparation of Medicare, Medicaid and Other payor cost reports.
• Coordinates external reporting to regulatory agencies and reimbursement program analysis.
• Directs policies for accounting for capital expenditures.
• Oversees accounts payable disbursements and payroll processes.
• Reviews activity for accurate reporting and prepares federal/state filings.
• Directs annual audits with external auditors and actuaries.

Skills

Financial analysis

Leadership

Communication

Regulatory compliance

Education

Bachelor's degree in Accounting

CPA or MBA in Accounting

Job description

Relocation to the Sedalia, Missouri area required

Summary:

The Director of Finance/Controller is responsible for the daily operations in financial accounting, accounts payable, and payroll; responsible for preparation of accurate and timely financial reports to be used by both hospital management and external parties; and coordinating all financial audits to ensure that they are completed on a timely basis. The Director of Finance/Controller reports directly to Chief Financial Officer.

Duties and Responsibilities:

• Directs the preparation and analysis of internal and external financial statements in conformance with generally accepted accounting principles. Ensures financial statements fairly report results of operation.

• Manages the daily cash management operations of the Health Center to include the movement of money between accounts to cover daily operations and the daily cash receipt activity of the Health Center and its affiliates. Monitors market conditions and reviews the Health Center’s investment performance regularly. Recommends investment strategies to maximize returns. Maintains investment policy in accordance with reasonable business practice.

• Evaluates new or modified accounting systems to provide accurate reports of financial and operational activities. Supervises the installation of such systems. Directs the development and maintenance of monthly revenue and expense monitoring tools.

• Directs the annual preparation of the Medicare, Medicaid and Other payor cost reports.

• Consults with management and consultants to compile data necessary for accurate external reporting to regulatory agencies. Coordinates use of external consultants as necessary to analyze reimbursement programs and file for reimbursement program appeals.

• Directs the development of policies and procedures to ensure proper accounting for the acquisition, transfer, and disposition of capital expenditures.

• Oversees the disbursement of Health Center’s funds through the Accounts Payable system. Oversees the development of policies and procedures to assure the effective and efficient disbursement of accounts payable for the facility.

• Oversees the preparation, review, and distribution of W-2 and 1099 forms and filing in accordance with the provisions of the Internal Revenue Service.

• Oversees the payroll processes of the Health Center and subsidiaries. Ensures that pay policies and practices are in compliance with federal and state regulations.

• Reviews both the Health Center’s and subsidiary company activity to ensure accurate reporting in compliance with the Internal Revenue Service Code. Directs the preparation of timely and accurate Federal and State filings.

• Directs the coordination of the annual audit with external auditors and actuaries. Assists in evaluation and select of appropriate independent accounting firm.

• Other duties as assigned.

Work Experience, Education, and Certifications:

• Graduate from a recognized College or University, with a Bachelor of Science degree in Business with a major in Accounting.

• CPA or MBA in Accounting is desired.

• 3-5 years’ experience in appropriate field of accounting, preferably in a healthcare facility, with some experience in the supervision of staff and maintaining a computerized general ledger system.

Knowledge, Skills, and Abilities:

• Demonstrates support for organizational and departmental mission.

• Supports and demonstrates knowledge of the Strategic Plan and the Hospital Key Initiatives.

• Fosters and promotes teamwork within department and the organization as a whole.

• Works to resolves conflicts constructively and in a timely manner.

• Ability to communicate effectively and simply with every customer and co-worker.

• Ability to display a positive, courteous and friendly attitude toward all contacts.

• Ability to build good relationships with others based upon a sustained effort of mutual support toward common goals.

• Ability to exercise good judgment, reasoning and concentration to detail and to take personal accountability for all actions in carrying out job duties.

• Is customer focused and committed to Quality and Process Improvement with a strong desire to provide service excellence.

• Possesses and displays a strong knowledge and understanding of the standards of practice for their position including, if and when applicable, commensurate computer skills; population specific and general competencies; organizational skills, time and project management.

• Possesses a vigorous and enthusiastic desire to learn and to grow both personally and professionally, and to improve one’s skills in order to deliver the best possible care for our customers.

Working Conditions:

• Works in well lighted and ventilated office environment.

• Subject to frequent interruptions.

• Generally sedentary position.

• Must be able to work the necessary hours to complete all projects within established time requirements.