Finance Manager

Meeker Memorial Hospital & Clinics•Litchfield, MN

17d•$96,000 - $130,000•Onsite

About The Position

The Finance Manager is responsible for the overall management and administration of the hospital's general accounting and payroll activities. This includes ensuring accuracy and compliance with all federal, state, and local regulations, performing financial analysis, and preparing financial reports. This role is crucial for maintaining the financial health of MMHC. Collaborates with human resources in areas of compensation, benefits, and payroll administration/policies. Acts as a trusted point of contact for staff on Accounting and Payroll related matters and works closely with hospital senior leadership team.

Requirements

Bachelor’s degree in accounting, finance, or business administration or related field.
Three to five years of experience in an accounting or payroll position in a healthcare setting.
Comprehensive understanding of federal and state wage and hour laws, payroll taxes, and standard accounting principles (GAAP).
Meticulous attention to detail is critical for ensuring accuracy in complex calculations and record-keeping.
Strong analytical and problem-solving skills to resolve discrepancies and identify trends.
Excellent interpersonal and communication skills to effectively interact with employees, department heads, and external auditors.
Exceptional organizational and time management skills to handle multiple tasks and meet strict deadlines.
Experience supervising staff and providing training and guidance.
Ability to work independently and meet the demands of a CAH/rural hospital environment.
Skilled at incorporating AIDET into professional practice.
Understands role in patient confidentiality and must protect patient information from unauthorized access, use, or disclosure as defined by HIPAA.
Ability to respond quickly and decisively to emergency situations and participate in shelter-in-place and disaster response protocols.
Ability to work with interdisciplinary teams, communicating effectively with patients, families, and healthcare providers.
Proficiency in Microsoft Office Suite (Word, Excel, Outlook), secure messaging applications, and collaborative tools (e.g.) Microsoft Teams, Google Workspace.
Proficiency with Paycom HRIS system and advanced skills with payroll software and accounting software are required.
Excellent proficiency in Microsoft Excel is also essential.
Apply logical problem-solving and decision-making skills in complex situations.
Make sound decisions in real time, often under pressure, using critical thinking.
Analyze data and scenarios to identify patterns, inconsistencies, and opportunities.
Evaluate multiple approaches and propose innovative solutions with sound judgement.
Able to work independently with limited supervision.
Able to communicate complex ideas clearly in both written and verbal formats.
Adapt tone, style, and messaging for diverse audiences and contexts.
Ability to write high quality drafts, proposals, reports, and presentations.
Ability to effectively present information in one-on-one meetings as well as small and larger groups, i.e. employees, customers, vendors, community organizations, etc.
Ability to accurately perform advanced mathematical calculations in all units of measure using whole numbers, common fractions, and decimals.
Ability to calculate figures and amounts such as discounts, interest, commissions, etc.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations and in analysis of financial and quality assurance data.
Understand and adhere to MMHC’s compliance standards as outlined in MMHC’s Compliance Program.
Attend all mandatory education programs and demonstrate proficiency related to general safety and regulatory compliance.
Attend all department-specific training, and demonstrate proficiency related to safety and job-related hazards.
Understand and follow MMHC procedures for exposure control / bloodborne and airborne pathogens.
Comply with all relevant MMHC policies, procedures, guidelines, and all other regulatory standards and requirements.
Attire is neat, clean, appropriate for the work environment, and according to MMHC policy.
Wear proper identification while on duty.
Maintain confidentiality of all MMHC and patient information at all times.
Report to work on time and maintain defined standards for attendance.
Attend mandatory meetings.
Able to perform essential job duties that meet job performance expectations and organizational standards while upholding MMHC mission and values.

Nice To Haves

Previous supervisory or management experience.
Previous experience with Paycom HRIS system.
Knowledge of CAH-specific regulations and rural health challenges.

Responsibilities

Perform and oversee the monthly and annual financial closing process, including preparing financial statements such as balance sheets and income statements.
Oversee the full cycle of AP and AR, including invoicing, vendor payments, and patient receipts.
Perform and supervise the reconciliation of all bank and general ledger accounts.
Assist the CFO with preparing and managing the annual budget.
Oversee the annual financial audit and prepare necessary documentation for internal and external auditors.
Oversee the accurate and timely processing of payroll for all employees, including calculating wages, overtime, and shift differentials, as well as managing deductions for taxes, benefits, and garnishments.
Manage and maintain the hospital's payroll and timekeeping systems (e.g., ADP, Paycom), ensuring data accuracy and compliance with hospital policies.
Stay current on all federal, state, and local payroll laws and regulations to ensure the hospital remains compliant.
Prepare and provide payroll reports to hospital management and external agencies as required.
Serve as the primary contact for all employee payroll questions and resolve any discrepancies in a timely manner.
Develop, implement, and maintain internal controls, policies, and procedures related to accounting and payroll to improve efficiency and accuracy.
Identify and implement opportunities to streamline accounting and payroll processes through automation or other means.
Work closely with Human Resources to ensure accurate and timely reporting and data consistency.
Maintain the highest level of confidentiality with sensitive financial and employee information.