Finance Director

LifePoint Health

$110K — $130K *
Hospitals & Medical Centers
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial management or accounting within a healthcare setting.
  • In-depth knowledge of budgeting and financial forecasting techniques.
  • Strong understanding of auditing procedures and compliance regulations.
  • Proficient with financial reporting and data analysis systems.
  • Excellent communication skills for advising department heads and presenting financial information to various stakeholders.

Responsibilities

  • Directs financial activities and establishes major economic objectives for the organization.
  • Prepares comprehensive financial reports summarizing and forecasting business activity.
  • Oversees the facility’s cash and investment management to ensure financial health.
  • Advises management on operational adjustments related to budgetary constraints.
  • Coordinates timely preparation of monthly financial statements and necessary audits.
  • Implements and monitors internal controls for accurate accounting practices.
  • Develops and refines staffing plans to optimize human resources based on workflow.

Benefits

  • Health (Medical, Dental, Vision) benefits for full-time employees.
  • Competitive Paid Time Off policy.
  • Employee Assistance Program focused on wellness support.
  • Tuition Reimbursement/Assistance for eligible employees.
  • Opportunities for personal and career development education.
Full Job Description
JOB DESCRIPTION

How you'll contribute : Directs financial activities of the organization. 

Position Summary: Establishes, or recommends to management, major economic objectives and policies for company. Prepares reports which summarize and forecast company business activity and financial position in areas of income, expenses and earnings based on past, present and expected operations. Responsible for preparation of annual hospital budget. Advises management on desirable operational adjustments due to budget constraints and changes in hospital reimbursement. Supervises preparation of schedules and other documentation for audits of company’s accounts.

Essential Functions:

  • Directs and participates in the development of accounting and internal control policies and systems.
  • Coordinates and controls the facility’s cash and investment management activities.
  • Provides advice and assistance to department heads and managers in analyzing and interpreting financial data and reports and in presenting that information to their departments.
  • Defines and communicates new/revised position responsibilities and/or reporting relationships and determines necessary staffing changes.
  • Ensures that accurate information is provided on a timely basis and assists, as needed, in facilitating the efficient conduct of external audits, examinations and related financial projects.
  • Ensures that a monthly time schedule is established for the processing of computer reports necessary for the preparation of monthly financial statements; implements corrective action as necessary to meet established deadlines.
  • Consistently develops a detailed plan of action prior to implementation of a new procedure.
  • Regularly examines alternative methods of providing required accounting services in order to reduce departmental operating costs.
  • Promotes good staffing practices by maximizing the utilization of human resources; forecasts and anticipates the personnel needs of the department with regard to fluctuations in the projected workload; holds staffing at a functional minimum.
  • Consistently demonstrates the ability to establish appropriate departmental priorities.
  • Consistently completes all assignment in a timely manner, thorough and appropriately detailed.
  • Demonstrates effectiveness in pulling together all the necessary information needed to compare revenue and expenses and determine the facility’s actual financial position.
  • Effectively maintains all required records for the department; demonstrates good organizational skills.
  • Monitors the implementation of checks and balances which continually evaluate accounting practices, reporting procedures and record keeping.
  • Other duties as assigned.

Additional Information:

  • HIPAA: Conduct job responsibilities in accordance with HIPAA privacy laws, follow hospital policy in provision of patient confidentiality. Able to identify patient confidentiality issues and reports to proper hospital personnel immediately.
  • Compliance: Conducts job responsibilities in accordance with standards set forth in Kindred’s Code of Conduct, Kindred policy and procedures, applicable federal and state laws, and applicable standards.

What we offer:

Fundamental to providing great care is supporting and rewarding our team. In addition to your base compensation, this position also offers:  

  • Health (Medical, Dental, Vision) and 401K Benefits for full-time employees

  • Competitive Paid Time Off 

  • Employee Assistance Program - mental, physical, and financial wellness assistance

  • Tuition Reimbursement/Assistance for qualified applicants

  • Personal and career development education opportunities

  • And much more...

Qualifications and requirements 

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