Director of Finance

Responsible for the following: Managing the finance department accounting staff; Month end financial statements and close coordination; Internal and external audits; Implementation of complex accounting transactions; General ledger and related financial systems oversight; Third party reimbursement; Budget assistance.

This position reports to the Company’s Financial Controller (FC).

Objectives/Responsibilities

• Supervise the accounting staff and provide coverage as needed.
• Ensure the accuracy and timely completion of the monthly financial statements.
• Coordinate the month end close, including the schedule, all journal entries, account reconciliations and analyses, accruals, prepaids, fixed assets, and review and sign off of financial controls.
• Facilitate all internal and external audits and serve as a key liaison with the auditors, including the fiscal year end audit, and single audit.
• Provide the information for completion of the Form 990 tax returns to our external tax preparer and review the final tax form prior to filing.
• Research and implement new accounting pronouncements and complex accounting transactions, including relevant entries, analyses and reconciliations.
• Prepare monthly financial analyses and trend reports, including income statement, balance sheet and cash flow, as well as comparatives of actual to budget and prior year, etc.
• Ownership of third-party reporting and audits, in conjunction with our external preparer, including:
  • Preparation, coordination and filing of all third-party cost reports
  • Maintaining third-party records and work papers, including reimbursement numeration logs and cost statistics.
  • Filing cost reports and final audits.
  • Prepare reimbursement appeals applicable to third party agencies.
• Review rate setting and develop various cost allocations concerning methodologies for

reimbursement, and complete the annual XYZ package.

• Assist in the long-term success of the corporation’s financial operations and feasibility.
• Assist in the development, implementation and testing of the internal financial control policies and procedures to safeguard the hospital’s assets, as directed by the FC and or CFO.
• Assist and be a key participant in the Budget construction.
• Assist DFP&A in the analysis of key expenses, such as workforce and purchased services.
• Have awareness of and ensure compliance with hospital-purchasing functions.
• Maintain all financial aspects of the ERP system, SAGE.
• Special projects as assigned by the FC, CFO and or CEO.
• Perform all other duties as assigned.