Under the supervision of the Hospital Finance Director, independently perform financial analysis of hospital operations to help management make sound business decisions. This includes preparation of financial projections of proposed or existing product lines, annual operating budgets, to include volumes, revenues and department expenses, capital budgets, working with hospital directors to analyze monthly variances and identify corrective action plans with minimal supervision. Serve as a resource to internal customers throughout the organization regarding financial reports, processes and principles.
With minimal direction, manage and continually improve information tools and requirements related to the management of departmental budgetary compliance and facilitating an understanding of these goals to operational managers as well as enhancing operational management financial sophistication.
Oversee daily productivity of operating units.
Create and validate current year YTD volume, gross charges, cost information by department.
Research specific/unusual items on a concurrent basis which can have a significant impact on the Income Statement including volume trends, revenue and expense budget variances.
Monthly preparation of the site analysis as to income statement trends / variances.
Responsible for operational and capital budget preparation.
Use HBOC data to analyze the profitability of specific payers/contracts and specific product lines and make recommendations regarding future direction regarding those results.
Perform as financial support of feasibility studies of proposed new business lines.
When encountered, help highlight and resolve data integrity issues within Meditech and HBOC.
Serve as a resource to financial analysts as a senior member of the finance team.
Implement processes to improve shortfalls as identified through projects and analyses.
Effective interpersonal and customer relations skills.
Excellent written and oral skills
Excellent analytical and problem solving skills
BA/BS or higher/above in Finance / Accounting or related Business field
Excellent Excel and Word skills
Thorough knowledge of general and cost accounting principles
Proven results managing multiple projects and deadlines
Thorough knowledge of healthcare accounting, terminology and decision support systems
Microsoft Access database skills
Knowledge and understanding of hospital billing, reimbursement and cost accounting
2-3 years public accounting experience
3-5 years experience in a hospital or healthcare system
Supervisory or project management experience for a hospital or healthcare system
SCL Health is a faith-based, nonprofit healthcare organization that operates eight hospitals, four safety net clinics, one children’s mental health center and more than 190 ambulatory service centers in three states – Colorado, Kansas and Montana. The health system includes 15,000 full-time associates and more than 500 employed providers.