VP Financial Services
Morristown, NJ - USA
Job Summary
Overview
Vice President Financial Services
Full Time 80 Hours Per Pay Period Day Shift
Morristown-Hamblen Overview:
Position Summary:
Plans organizes and directs the strategic planning and fiscal resources of Morristown-Hamblen Healthcare System. Duties also include direct supervision of General Accounting Cost Accounting Accounts Payable Budgeting and Reimbursement. This position interfaces with all Patient Registration and Admitting functions including Outpatient and Emergency Room.
Responsibilities
- Manages all financial resources.
- Manages human resources and achievement of strategic objectives for the Financial Services Division.
- Facilitates a process of effectively providing for capital needs.
- Prepares and effects timely filling of federal state third party and other financial reports as required.
- Responsible for staying abreast of economic changes and new trends in healthcare and assesses their potential impact on operations. Educates other members of the Senior Leadership team.
- Leads the organization by visualizing the future and guiding us there financially. Focuses on the future and utilizes appropriate resources to teach the organization financial lessons learned from the past.
- Provides budget planning guidelines; presents budget and performance goals to corporate office.
- Coordinates with Risk Management to provide for current and adequate insurance protection to protect organizations from liability and other losses.
- Supervises investigation and analysis of costs charges rates etc. and makes appropriate recommendations to permit income to support organizational activities.
- Prepares revisions to rate structure.
- Maintains full knowledge of business results by Product Line and makes strategic recommendations to the Senior Leadership Team based upon projected future results.
- Establishes and maintains accounting systems to meet organizational needs and periodically provides complete and accurate reports of assets liability and financial transactions.
- Evaluates the information systems needs to support financial services and coordinates and assists in new applications development.
- Reviews and analyzes monthly financial statements and operating reports with leadership and makes recommendations concerning methods of cost containment and revenue enhancement.
- Coordinates financial services functions with other hospital departments and other affiliated companies and act as a resource for other departments in matters of record keeping and financial information processing.
- Serves as liaison to corporate Information Services departments.
- Follows policies procedures and safety standards. Completes required education assignments annually. Works toward achieving goals and objectives and participates in quality improvement initiatives as requested.
- Performs other duties as assigned.
Qualifications
Minimum Education:
Masters degree in Business Administration/Accounting or CPA.
Minimum Experience:
Seven (7) years experience required
Licensure Requirement:
None
Required Experience:
Exec
About Company
Covenant Health is the top-performing healthcare network in East Tennessee. Our experienced staff is ready to support your medical needs.