Lakeview Specialty Hosp Hiring for Director of Finance Job at Waterford, WI Full Time

The Director of Finance in a hospital is a senior-level position responsible for overseeing all financial operations within the hospital or healthcare organization. This role reports directly to the Chief Financial Officer (CFO) and works closely with other senior executives to ensure that the hospital is financially sound and compliant with all applicable laws and regulations.

Some of the key responsibilities of a Hospital Director of Finance may include:

• Financial Planning and Analysis: The Director of Finance is responsible for developing and managing the hospital’s financial plans and budgets, and ensuring that financial targets are met. This may include forecasting revenue and expenses, analyzing financial data, and making strategic recommendations to the executive team.
• Financial Reporting: The Director of Finance is responsible for ensuring that the hospital’s financial reports are accurate and compliant with accounting standards and regulations. This may involve overseeing the preparation of financial statements, managing the accounting team, and coordinating audits.
• Revenue Cycle Management: The Director of Finance oversees the hospital’s revenue cycle management, which includes billing and collections, insurance claims, and patient financial services. This involves ensuring that revenue is maximized and that the hospital is compliant with regulatory requirements.
• Accounting Operations: The Director of Finance oversees the hospital’s accounting operations, which may include managing the accounting team, overseeing payroll and accounts payable, and developing financial policies and procedures.
• Financial Analysis: The Director of Finance performs financial analysis to support decision-making by senior management. This may involve analyzing financial data, developing financial models, and providing strategic advice.
• Risk Management: The Director of Finance is responsible for identifying and managing financial risks for the hospital, such as credit risk, interest rate risk, and foreign exchange risk. This may involve developing risk management policies and procedures and ensuring that the hospital is adequately insured.
• Compliance: The Director of Finance ensures that the hospital is in compliance with relevant laws and regulations related to financial operations. This may involve working with legal counsel and regulatory agencies to ensure that the hospital is up-to-date with compliance requirements.
• Overall, the Director of Finance plays a critical role in ensuring the financial health and sustainability of the hospital. They must be skilled at financial management, strategic planning, and leadership, and must be able to work effectively with other members of the executive team to achieve organizational goals

Qualifications:

1. Skill, Knowledge and Abilities: Computer proficient and expertise in building financial models and projections. Proven track record in managing the accounting function. Knowledgeable in taxes and internal audit procedures. Excellent leadership, communication, and management skills with the ability to grow with the business.

2. Education: Bachelor’s degree in Finance required; CPA and/or Masters preferred.

3. Licensure: CPA preferred

4. Experience: Five years in health care environment preferred. Medicare/Medicaid cost reporting experience. EDI knowledge (Electronic Data Interchange).

Pay: $57,830.88 – $80,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift

Education:

• Bachelor’s (Preferred)

Experience:

• Financial accounting: 5 years (Preferred)

Work Location: In person