Finance Manager

Overview

The Finance Manager will oversee the financial operations of the hospital and work closely with our leadership to ensure sound financial management, including the development of budget, financial reporting, and financial analysis. This role will be responsible for guiding our organization towards financial sustainability and working with department heads in a consultative role to ensure departments are operating within their budget.

Responsibilities

• Develop and manage the annual budget, including revenue and expense forecasting. Responsible for consulting with department leaders as necessary to ensure the development of an accurate budget.
• Monitor the financial performance of the organization, analyze financial data, and provide regular reports to senior management.
• Oversee day-to-day financial operations, including accounts payable and receivable, payroll, and financial reporting.
• Review operational and financial performance on an ongoing basis and provide recommendations to senior leadership on changes necessary to meet organization targets.
• Ensure preparation of timely and accurate reporting from the decision support system and ensure accurate analysis and reporting based on data from this system and establish and maintain an effective process for financial forecasting and operational and capital budgeting.
• This position must exercise considerable initiative, independence, and judgment regarding the analysis of operations, identification and resolution of problems, development of recommendations, and communication of these recommendations to management.
• Decisions to be referred to this position are recommendations affecting financial strategy, deviations from policies or guidelines, and approval of department budget.
• Assure smooth, efficient department operation through maintenance of employee morale and proper selection, training, and development of staff.
• Collaborate with other departments to provide financial guidance and support for decision-making.
• Ensure compliance with financial regulations and internal policies.
• Identify and recommend opportunities for cost savings and revenue growth.
• Lead financial audits and ensure accuracy in financial reporting.
• Participate in strategic planning to guide the financial success of the organization.
• Mentor and supervise finance department staff.
• All other duties as assigned.

Qualifications

QUALIFICATIONS/JOB REQUIREMENTS:

EDUCATION:

• Associate’s Degree, Bachelor's degree in Business, Finance, Healthcare, or job-related experience.
• Master’s Degree, preferred.