Finance Manager (Financial Planning/Analysis)

Time Type:

Full time

Hours per Pay Period:
80 Shift:
Day Shift

Minimum:
Depending on Experience(This represents the rate for an individual with significant experience in this job in a full-time 40 hour per week position) Department:
Finance Division

Current Bay Area Hospital Employee:

If you are a current Bay Area Hospital employee, please apply through the Workday internal career site.
The future looks bright at Bay Area Hospital, and we are always searching for quality people to join our team. We offer a great atmosphere, competitive pay, a wide array of benefits, and many growth opportunities for our employees.
Chief Financial OfficerTo manage the operations of the finance division

EXPECTATION FOR ALL EMPLOYEES
The Chief Financial Officer is responsible for the management of all financial activities of the hospital including accounting, budgeting and reimbursement, treasury functions and reporting policies to ensure accuracy, consistency and timeliness of all reports. The CFO has ultimate oversight for all fiscal services that involve the business and administrative functions of admissions, registration, accounts receivables, credit and collections, accounts payable, cash flow, charge master descriptions and clinical coding of medical records.
Works closely with the President/Chief Executive Officer, Executive Team, and the entire hospital staff to help fiscally improve the organization
Prepares current and comparative analysis reports and statements reflecting variations in cost and revenues, and financial condition of the hospital by analyzing net income, expenses, and profit/loss for each hospital department, based on factors such as patient revenue, material and supply costs, and staff salaries and wages
Evaluates contract proposals from outside vendors and managed care companies to analyze the financial impact on the hospital and to ensure the future viability of the organization
Prepares special analytical, statistical and financial studies to support long range planning, and investigation and appraisal of major equipment purchases and hospital expansion or remodel
Directs and coordinates activities concerning financial administration, general accounting, financial analysis, business services, revenue cycle, materials management, reimbursement, health information management, facilities, biomed, environmental and food services
Works with investment managers to follow ORS regulations and choose appropriate investments
Directs preparation of Hospital budgets by establishing policies and procedures for the preparation of department budgets, and coordinating compilations into the hospital budget
Obtains funding for large projects
Coordinates insurance policies so that assets are properly insured against loss or damage.
Develops and maintains appropriate cash flow projections and controls, continually reviewing the cash position and ensures that adequate funds are available to meet outstanding and planned commitments
Directs preparation of cost reimbursement reports to government and private third party agencies to ensure that the hospital is in compliance with the financial requirements of all regulatory agencies while receiving the appropriate reimbursements
Attends workshops, seminars and maintains program of self-study to learn of current developments in financial areas and pending government regulatory changes
Participates in the analysis of employee benefit plans and wage increases to determine current and future cost impacts
Modifies personal style, focusing on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.
~ Developmental Leadership

Seeks out developmental opportunities for self and for others.
~ Defines and creates a compelling vision for the future and the implementation of strategies necessary for success.
~ Makes high quality decisions in a timely manner, usually with less data and analysis than might be desired.
~ Concentrates on achieving the outcomes of a process or project while adhering to the overall strategy of the organization. Creates a culture of accountability and performance.
~ Modifies personal style, focusing on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.
Bachelor of Science/Arts Degree from an accredited university or college
Masters of Business Administration degree in Accounting/Finance (will consider extensive experience in lieu of)
A minimum of Five (5) years of progressively responsible exercise in administering the financial areas and programs in a health care facility

Union Affiliation: None
PHYSICAL/MENTAL/ENVIRONMENTAL REQUIREMENTS
Requires significant use of personal computer, phone and general office equipment
Needs adequate visual acuity, ability to grasp and handle objects
Needs ability to communicate effectively through reading, writing, and speaking in person or on telephone
May require off-site travel
The Chief Financial Officer is responsible for the management of all financial activities of the hospital including accounting, budgeting and reimbursement, treasury functions and reporting policies to ensure accuracy, consistency and timeliness of all reports. The CFO has ultimate oversight for all fiscal services that involve the business and administrative functions of admissions, registration, accounts receivables, credit and collections, accounts payable, cash flow, charge master descriptions and clinical coding of medical records.
Works closely with the President/Chief Executive Officer, Executive Team, and the entire hospital staff to help fiscally improve the organization
Prepares current and comparative analysis reports and statements reflecting variations in cost and revenues, and financial condition of the hospital by analyzing net income, expenses, and profit/loss for each hospital department, based on factors such as patient revenue, material and supply costs, and staff salaries and wages
Evaluates contract proposals from outside vendors and managed care companies to analyze the financial impact on the hospital and to ensure the future viability of the organization
Prepares special analytical, statistical and financial studies to support long range planning, and investigation and appraisal of major equipment purchases and hospital expansion or remodel
Directs and coordinates activities concerning financial administration, general accounting, financial analysis, business services, revenue cycle, materials management, reimbursement, health information management, facilities, biomed, environmental and food services
Works with investment managers to follow ORS regulations and choose appropriate investments
Directs preparation of Hospital budgets by establishing policies and procedures for the preparation of department budgets, and coordinating compilations into the hospital budget
Obtains funding for large projects
Coordinates insurance policies so that assets are properly insured against loss or damage.
Develops and maintains appropriate cash flow projections and controls, continually reviewing the cash position and ensures that adequate funds are available to meet outstanding and planned commitments
Directs preparation of cost reimbursement reports to government and private third party agencies to ensure that the hospital is in compliance with the financial requirements of all regulatory agencies while receiving the appropriate reimbursements
Attends workshops, seminars and maintains program of self-study to learn of current developments in financial areas and pending government regulatory changes
Participates in the analysis of employee benefit plans and wage increases to determine current and future cost impacts
Modifies personal style, focusing on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.
~ Developmental Leadership

Seeks out developmental opportunities for self and for others.
~ Defines and creates a compelling vision for the future and the implementation of strategies necessary for success.
~ Makes high quality decisions in a timely manner, usually with less data and analysis than might be desired.
~ Concentrates on achieving the outcomes of a process or project while adhering to the overall strategy of the organization. Creates a culture of accountability and performance.
~ Modifies personal style, focusing on the needs of others, and listens effectively to ensure effective outcomes for group endeavors.
Bachelor of Science/Arts Degree from an accredited university or college
Masters of Business Administration degree in Accounting/Finance (will consider extensive experience in lieu of)
A minimum of Five (5) years of progressively responsible exercise in administering the financial areas and programs in a health care facility

Union Affiliation: None
PHYSICAL/MENTAL/ENVIRONMENTAL REQUIREMENTS
Requires significant use of personal computer, phone and general office equipment
Needs adequate visual acuity, ability to grasp and handle objects
Needs ability to communicate effectively through reading, writing, and speaking in person or on telephone
May require off-site travel
Chief Financial Officer

Bay Area Hospital is an Equal Opportunity Employer.