Chief Financial Officer (Scott City)

Maintain appropriate accounting records according to Government standards. Supervise the business office at Scott County Hospital (SCH) including all bookkeeping functions, computer activities, budgeting, and audits. Maintain appropriate accounting records, supervise Scott Hospital Foundation, and oversee revenue cycle.

Essential Functions :

1. Supervise all business affairs such as the records of financial transactions, collections of accounts, management of records and data, and purchases and issuance of supplies. Ensure that all funds are collected and expended to the best possible advantage. Maintain all appropriate accounting records at SCH, which include :

a. Accounts Receivable : Oversee all functions, investigate and solve any patient insurance problems the SCH Patient Accounts Managers are unable to handle, review and administer collection policies, review preparation of Medicare and Medicaid logs, and evaluate monthly days gross revenue in accounts receivable.

b. General Ledger : Oversee all functions, including the balancing of cash, the review of sub-ledgers to see they are in balance with GL, and prepare financial reports and synopsis for the Board of Directors. Administer bank investments.

c. Budgeting : Compile budgets using departmental information and assistance and prepare an annual budget with C.E.O. Review the annual budget monthly. Assist with annual salary review and recommendations.

d. Audit : Prepare year-end materials, see that audit is scheduled timely, supervise preparation of all papers required to assist audit team, maintain depreciation schedules, assist any outside auditors or reviewers (such as Medicare or Medicaid) as needed.

e. Statistics : Supervise statistical data collection, maintain accurate records of statistics, and complete necessary surveys.

f. Investments : Secure bids and invest idle funds with appropriate banking facilities regularly.

g. Corporate Compliance Responsibility : Assist with developing corporate responsibility plan, implementation, and internal audits. Oversee the Corporate Compliance committee and Chargemaster committee in the role as Corporate Compliance Officer

h. Materials Management : Review and approve work of materials manager and central stores department, including year-end inventory activities.

2. Supervise department heads assigned that are responsible for various functional areas in the hospital. Responsibilities include recruiting and interviewing, hiring on behalf of the hospital, training and appraising performance, planning, assigning and directing work, rewarding, disciplining and terminating employees, addressing complaints and resolving problems. Attend staff meetings and continuing education programs. Update policies & procedures; team / task force work in solving problems.

3. Develop and implement a strategic plan to assure the long range programmatic and financial sustainability of the hospital. Identify and secure alternate forms of funding when available. (i.e. grants)

• Cooperate with Medical Staff, employees, and contracted services, and secure like cooperation from those concerned with the provision of professional service to the end that the best possible care may be provided to all patients.
• Maintain good relations with the community and other agencies.

The preceding functions have been provided as examples of the types of work performed by employees assigned in this job classification. Management reserves the right to add, modify, change or rescind work assignments and to make reasonable accommodations as needed.To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skills and / or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requirements

Education, Qualifications, Experience :

1. Education BA required, MA preferable in the fields of Accounting or Business Administration (Education may be waived with sufficient experience in health care).

2. Experience - Minimum of 3year's experience working for a hospital, care home, or related field in finance.

Expectation of Service : This is a salaried 40 hour per week position. Regular and punctual attendance is required.

Working Conditions :

This position carries a great deal of responsibility for financial accountability, systems management, confidential information, and data which is vital to the organization.

This person has control over major amounts of money, equipment, computers and programs. All master information would be available to this individual.

This salaried position requires 40 hours per week. The business office is open from 8 : 00 a.m. to 4 : 30 p.m.However, this position may require some evening work, travel, and varying schedules to meet deadlines.

Physical Requirements : This position requires continual sitting and typing at a computer terminal, some walking, bending, stooping, and lifting of up to 25 pounds.