Director of Finance

Kindred Healthcare•Logan, WV

2d•Onsite

About The Position

Logan Regional Medical Center, a 132-bed facility in southern West Virginia, is seeking a Director of Finance. This award-winning, full-service community hospital is known for its innovation and collaboration to bring specialty care to the area. Logan Regional has received numerous accolades, including an 'A' grade from The Leapfrog Group and recognition from Forbes and Newsweek. This role offers an opportunity to grow your career in a high-standard, caring community environment. The Director of Finance will assist the CEO in managing fiscal services. This includes developing, interpreting, coordinating, and administering hospital policies related to finance, accounting, insurance, financial/accounting systems, internal controls, and auditing. The position involves maintaining departmental reports and records, collecting statistical data, and coordinating functions such as reimbursements, budget, patient accounting, medical records, admissions, and general accounting. The Director will prepare reports on the hospital’s financial position, covering assets, liabilities, income, and expenses, based on historical, current, and projected operations.

Requirements

Bachelor’s degree in Accounting or Finance.
Minimum 3 years’ prior management experience in a hospital or healthcare setting.
Excellent oral and written communication and interpersonal skills.
Basic computer skills with working knowledge of Microsoft Office applications, Patient Accounting systems and General Ledger systems.
Must have thorough knowledge of accounting, finance, reimbursement, budgeting, credit and collection as relates to healthcare.
Ability to spend a limited amount of time on travel required.

Nice To Haves

Licensed Certified Public Accountant preferred.

Responsibilities

Participates in planning and creating the hospital’s strategic, operational, service design and other organizational plans and policies to achieve the mission and vision of the hospital.
Assists the CEO to plan and develop departmental budgets, revenue, capital and operational expenses, sufficient number of staff, and any other plans for allocation of fiscal or other resources according to the scope of services provided.
Develops, designs and provides for a written scope of services, departmental policies and procedures that guide and support the provision and integration of services according to mission and vision of the hospital.
Directs the coordination and integration of departmental services with other departments and the hospital's primary functions.
Communicates the hospital’s mission, vision, and plans with staff that guides them in their day-to-day activities. Promotes and motivates staff members to implement department and hospital operational, programmatic and other plans.
Recommends and determines the sufficient number of staff to provide services and defines qualifications, performance expectations and competence of each person.
Provides for orientation, in-service training, continuing education, annual performance and competency reviews of department personnel to ensure staff is competent to provide services.
Participates in hospital and departmental performance improvement activities to measure and assess the quality of services provided.
Provides leadership and direction to all financial departments.
Oversee general accounting, patient business services (including third-party reimbursement), and financial and statistical reporting in accordance with established policies and procedures.
Ensures accuracy and completeness of the hospital’s financial statements.
Coordinates all financial activities for the hospital and manages multiple subordinate department managers who supervise staff members in multiple departments that may include, but is not limited to: Admitting, Business Office, Accounting, Medical Records and Materials Management.
Train subordinates in relevant areas and monitor their performance to ensure fiscal responsibilities are met.
Participates in the hospital’s long-term and short-term financial process.
Adheres to all financial policies and procedures as established by the Corporation through its Board of Directors.
Participates in the development of accounting, admission, credit/collection and internal control policies and systems and addresses related policy/system issues.
Provides advice and guidance and assists as necessary in preparing and analyzing financial reports/statements in conformance with standard accounting practices and guidelines and executes appropriate responsive actions.
Participates in the development of an annual budget for the Hospital and monitors the performance of all departments and services in conformance with the budget.
Assists in evaluating the adequacy of the hospital’s insurance coverage and in handling special/sensitive cases or problems and providing advice and guidance as necessary in preparing and analyzing risk management and insurance reports and appropriate executive responsive actions.
Evaluates data processing needs on an ongoing basis and recommends programs to changing needs.
Participates in the analysis of the financial implications of proposed capital projects and expenditures and recommends the execution of appropriate measures to respond to projected economic trends and/or regulatory changes.
Reviews contracts and makes recommendations regarding the viability of the contracted service, the cost of the program/service and general conditions of the contract.
Provides advice and assistance to department heads and managers in analyzing and interpreting financial data and reports and in presenting that information to their departments and/or physician groups.
Ensures that accurate information is provided on a timely basis and assists, as needed, in facilitating the efficient conduct of external audits, examinations and related financial projects.
May assume the administrative responsibilities of the CEO in his/her absence.
Attends medical staff meetings or committee meetings, as assigned. Informs CEO of meeting proceedings and recommends action, as necessary.
Represents the hospital by membership in related professional associations.
Takes Administrative Call as assigned.
Adheres to dress code, appearance is neat and clean and wears appropriate identification while on duty.
Completes annual health, safety, and education requirements. Maintains professional growth and development.
Maintains confidentiality of all patient and/or employee information to assure patient and/or employee rights are protected.
Demonstrates knowledge of the principles of growth and development over the life span and the skills necessary to provide age appropriate care to the patient population served.
Reports to work on time as scheduled; adheres to policies regarding notification of absence.
Attends all mandatory in-services and staff meetings.
Represents the organization in a positive and professional manner.
Complies with all organizational policies regarding ethical business practices.
Communicates the mission, ethics, and goals of the hospital, as well as the focus statement of the department.
Maintains current licensure/certification for position, if applicable.
Consistently demonstrates Guest Relation’s skills to patients, physicians, visitors, employees, and any other individuals with whom they may come in contact.
Consistently follows departmental and hospital Health, Safety, Security, Hazardous Materials policies and procedures.