Job Description

Director of Finance/Controller

The Director of Finance/Controller will be responsible for the hospital’s financial policies, accounting practices, the maintenance of its fiscal records, the accuracy of its financial statements, and the preparation of financial reports. The position involves supervision over general accounting, grant accounting, grant vouchering, and financial compliance, treasury and cash management, property accounting, cost accounting, budgeting, accounts payable, and payroll. This position also coordinates all external and internal audits, tax filings, and cost reports.

The position is also responsible for the management of the Supply Chain Group, which consists of the Purchasing and Central Supply Departments. Daily operations of the Supply Chain Group are supervised by the Purchasing Manager. The Supply Chain Group is responsible for directing the procurement of expendable Supplies and Capital Equipment for all hospital-operated locations. Responsibility also includes managing hospital Group Purchasing Organization (GPO) contractual agreements, purchases, and relationships.

The position supervises the development of the quarterly financial results recap for the organization’s board Audit and Board Finance committee meetings.

Responsibilities:

· Manages and supervises up to five (5) professional positions and seven (7) non-exempt positions.

· Develop policies and procedures for areas supervised.

· Coordinates and manages the entire Operating and Capital Budget process.

· Oversees reconciliation of all bank accounts and other subsidiary records such as inpatient and outpatient accounts receivable.

· Provides reports and interprets results of operations to all levels of management.

· Forecasts short and long-range cash requirements.

· Prepares information for and analyzes results of third-party cost reporting.

· Review reports for external reporting to Associations and Granting Agencies.

· Monitors cash disbursements.

· Responsible for and ensures accurate and proper payroll preparation and processing.

· Monitors inventory levels.

· Prepares for annual external audits and coordinates all audit, tax, and cost report activities.

· Monitors major project expenditures and provides reports to enable reporting to funding agencies.

· Responsible for facilitating supply chain cost savings through supply cost reduction, inventory optimization, GPO optimization, and operations improvements while ensuring the availability of supplies by maintaining an effective internal and external supply chain process.

· Responsible for the creation and/or maintenance of Administrative Purchasing policies for the hospital and all off-site hospital locations. Supervise the negotiation of complex requests for equipment, supplies, and services from suppliers and sub-contractors.

· Ensure the bi-weekly payroll process is complete, timely, accurate, and in compliance with all applicable labor laws.

· Ensure all related payroll liabilities are paid in accordance with their respective deadlines.

· Monitor and evaluate payroll administrative internal controls with the goal of minimizing fraud and improper payments.

· Ensure all federal, state and local payroll-related returns are timely filed.

· Assures protection for real and financial assets through adequate internal control procedures.

· Formulates and formalizes accounting policies and procedures to safeguard assets.

· Performs periodic internal audits such as surprise petty cash counts and paycheck control and distribution.

· Keeps abreast of Federal, State, and local laws and regulations with respect to tax issues.

· Prepares and files all necessary Federal, State, and local tax reports.

· Ensures payroll system tax requirements are kept up to date.

· Coordinate the annual external financial and internal control audits including any regulatory audits related to grant funding.

· Coordinate the annual preparation of the hospital’s federal, state, and local tax returns.

· Coordinate the annual preparation of all hospital cost reports.

· Coordinate the preparation of the financial section of interim and annual surveys, questionnaires, and benchmarking studies.

Education and Experience

· Degree in accounting, business or equivalent combination of education and experience required.

· Five (5) to eight (8) years of combined accounting and controllership experience required.

· Experience in a hospital or health care facility is required.

· CPA required

· Experience with Workday is a plus.

· Skilled knowledge of financial management

· Strong platform abilities which include organizational leadership, communications, creativity, writing proficiency, and public speaking skills.

· Computer applications expertise, particularly spreadsheet, database, and word processing desirable.

This job description is designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties and responsibilities required of employees assigned to this job.

Our client is an equal opportunity employer and does not discriminate based on race, religion, gender, age, sexuality, or gender identification.  

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