Overview
The Director of Finance is responsible for planning, implementing, and coordinating the accounting needs of the Foundation. The Director must be familiar with the functions of the various departments, separate business units, third party reimbursement, budgeting, and IRS regulations as they relate to the Foundation. The director must have a mastery of generally accepted accounting principles, strong analytical skills, and accomplished at presentations of complex financial data.
Qualifications
Certifications:Education: - Bachelor's Degree: Accounting
Work Experience: - Leadership - 6 years
- Accounting - 6 years
Specialized Knowledge:- Requires detailed knowledge of accounting theory and application
- Basic PC based spreadsheet and word processing applications
- Exposure to server-based systems.
Responsibilities
- Plans, directs, organizes, coordinates, leads, and controls activities of department.
- Assigns backup responsibility for areas
- Monitors areas for internal control
- Performs problem resolution
- Performs performance appraisals for direct reports and provide input in the hiring process
- Ensures subordinates have information necessary to complete jobs
- Prepares and monitors departmental budget
- Provides liaison for accounting department with other Foundation departments as well as external agencies.
- Ensure managers receive appropriate information to manage and identifying and investigating significant variances or performance changes and alerting senior leadership to same.
- Keeps Administration informed as to financial performance progress and material changes in financial impact.
- Hires, trains and retains competent accounting staff and development of future financial leaders.
- Manages all financial data necessary for an accurate accounting of consolidated business results.
- Directs and oversees the preparation of internal and external financial statements
- Works within the framework of Generally Accepted Accounting Principles.
- Manages the development and preparation of the annual operating budget.
- Directs and coordinates the Medicare and Medicaid cost reports and related compliance filings.
- Directs and coordinates the payroll and accounts payable processes and financial system support.
- Evaluates and improves accounting and internal controls to appropriately mitigate risk.
- Assess ongoing accounting operations
- Maintains continuous improvement and best practice opportunities
- Provide appropriate recommendation and implementation.
- Develops, reviews, and revises department policies and procedures.
- Directs and coordinates designated regulatory reporting including but not limited to Federal and State 990 and 1120 filings, real estate exemption applications and sale tax exemption applications.
- Plans and coordinates activities with the external auditors.
- Reviews financial statement data with operation leaders and makes recommendation for changes as needed.
- Prepares presentations of financial data as needed for Vice Presidents and Senior Leadership, as needed.
- Prepare and reviews cost report and other data needed for system optimization.
Compensation and Benefits
The compensation range for this position is $58.96per hour - $101.41per hour. This represents a good faith minimum and maximum range for the role at the time of posting by Carle Health. The actual compensation offered a candidate will be dependent on a variety of factors including, but not limited to, the candidate's experience, qualifications, location, training, licenses, shifts worked and compensation model. Carle Health offers a comprehensive benefits package for team members and providers. To learn more visit careers.carlehealth.org/benefits.
