Director of Finance
Hospital for Extended Recovery Hospital for Extended Recovery Norfolk, VA Norfolk, VA Full-time Full-time $110,000 - $150,000 a year $110,000 - $150,000 a year The Hospital for Extended Recovery, a Long-Term Acute Care hospital owned by Sentara Healthcare, is actively recruiting a forward-thinking and dynamic person to become a member of our team.
The Director of Finance acts as part of management team to determine financial objectives, develop annual budget, financial reports, analyze and report variances, develop/monitor internal control mechanisms, establish billing procedures, develop computer protocols, organize and maintain financial accounting system.
Develops and maintains financial policies and procedures and monitor performance.
Submits required federal reports.
Participates in development of business plan.
Performs business operations analyses.
The DOF will share administrative call for the hospital and directly oversees the Accounting Department and Remote Medical Coding employees.
They will participate in high level financial operations, as well as be intimately involved in the day to day operations, such as charge entry.
Principle Duties and Responsibilities Prepares the annual budget, including individual department budgets, and works with departments throughout the year to ensure that expenditures adhere to legal and budgetary requirements; also prepares financial section of all grant and funding applications.
Develops and proposes adjustments to organization's fee schedule, annually updates the charge master, and coordinates efforts to attain maximum reimbursement from various payment sources Responsible for ensuring the accurate and timely preparation and filing of all federal, state, county and local reports, including but not limited to:
payroll tax returns, Medicare Cost reports, Tax Forms 990, year-end W-2's and 1099's, etc.
Responsible for Payroll, Purchasing, Accounts Payable, Accounts Receivable, Journal Entries, Financial Statements and all other functions of the Finance Department.
Collaborates with Human Resource Manager to ensure accurate processing of data pertaining to new hires, benefit deductions, pay increases, provider credentialing, etc.
Responsible for all financial accounting and reporting systems, including establishing, implementing and monitoring various procedures and internal controls to ensure the integrity of such systems.
Responsible for providing the auditor with all information required to complete the annual audit.
Attends Board of Director meetings, presenting monthly financial statements and other relevant financial information.
Responsible for monitoring compliance with regulations regarding billing and ensuring all accounts are collectable.
Responsible for patient registration, insurance verification, claims submission and follow up.
Education Bachelor's degree in Finance/Accounting required.
MBA or CPA preferred.
Experience/Qualifications Supervisory experience required; three years experience in accounting management preferred.
Five years experience in health care industry required.
Working knowledge and experience in health care finance, including third party reimbursement mechanisms and federal guidelines, regarding budget and finance.
Advanced Excel skills, proficient in Microsoft office applications.
Bonus points for Experience with CPSI accounting package Evident.
Experience with EPIC EHR.
Job Type:
Full-time Pay:
$110,000.
00 - $150,000.
00 per year
Benefits:
401(k) 401(k) matching Dental insurance Disability insurance Employee assistance program Employee discount Flexible spending account Health insurance Life insurance Paid time off Retirement plan Tuition reimbursement Vision insurance Experience level:
5 years Physical setting:
Office Schedule:
8 hour shift Monday to Friday
Experience:
Healthcare Finance:
5 years (Required) Work Location:
In person.
Estimated Salary: $20 to $28 per hour based on qualifications.
The Director of Finance acts as part of management team to determine financial objectives, develop annual budget, financial reports, analyze and report variances, develop/monitor internal control mechanisms, establish billing procedures, develop computer protocols, organize and maintain financial accounting system.
Develops and maintains financial policies and procedures and monitor performance.
Submits required federal reports.
Participates in development of business plan.
Performs business operations analyses.
The DOF will share administrative call for the hospital and directly oversees the Accounting Department and Remote Medical Coding employees.
They will participate in high level financial operations, as well as be intimately involved in the day to day operations, such as charge entry.
Principle Duties and Responsibilities Prepares the annual budget, including individual department budgets, and works with departments throughout the year to ensure that expenditures adhere to legal and budgetary requirements; also prepares financial section of all grant and funding applications.
Develops and proposes adjustments to organization's fee schedule, annually updates the charge master, and coordinates efforts to attain maximum reimbursement from various payment sources Responsible for ensuring the accurate and timely preparation and filing of all federal, state, county and local reports, including but not limited to:
payroll tax returns, Medicare Cost reports, Tax Forms 990, year-end W-2's and 1099's, etc.
Responsible for Payroll, Purchasing, Accounts Payable, Accounts Receivable, Journal Entries, Financial Statements and all other functions of the Finance Department.
Collaborates with Human Resource Manager to ensure accurate processing of data pertaining to new hires, benefit deductions, pay increases, provider credentialing, etc.
Responsible for all financial accounting and reporting systems, including establishing, implementing and monitoring various procedures and internal controls to ensure the integrity of such systems.
Responsible for providing the auditor with all information required to complete the annual audit.
Attends Board of Director meetings, presenting monthly financial statements and other relevant financial information.
Responsible for monitoring compliance with regulations regarding billing and ensuring all accounts are collectable.
Responsible for patient registration, insurance verification, claims submission and follow up.
Education Bachelor's degree in Finance/Accounting required.
MBA or CPA preferred.
Experience/Qualifications Supervisory experience required; three years experience in accounting management preferred.
Five years experience in health care industry required.
Working knowledge and experience in health care finance, including third party reimbursement mechanisms and federal guidelines, regarding budget and finance.
Advanced Excel skills, proficient in Microsoft office applications.
Bonus points for Experience with CPSI accounting package Evident.
Experience with EPIC EHR.
Job Type:
Full-time Pay:
$110,000.
00 - $150,000.
00 per year
Benefits:
401(k) 401(k) matching Dental insurance Disability insurance Employee assistance program Employee discount Flexible spending account Health insurance Life insurance Paid time off Retirement plan Tuition reimbursement Vision insurance Experience level:
5 years Physical setting:
Office Schedule:
8 hour shift Monday to Friday
Experience:
Healthcare Finance:
5 years (Required) Work Location:
In person.
Estimated Salary: $20 to $28 per hour based on qualifications.
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