Regional Manager of Finance

Company Name:
ER Family of Companies
For the past 24 months, St. James Mercy Hospital has been engaged in a robust strategic visioning process with community stakeholders in alignment with New York State's healthcare reform agenda. Now on a fast-track growth trajectory, SJMH is working with the University of Rochester Medical Center (URMC) to develop a long-term plan for providing regional healthcare services under the auspices of UR Medicine. Support from the New York State Department of Health (NYSDOH) is key to the plan's success. To date, SJMH has secured over $18.2M in funds from the state to sustain and redesign healthcare in Hornell, and a $36M request to construct state-of-the-art facility to house the new Hornell Medical Village.
SJMH is an integral part of the Hornell community, which offers many cultural amenities while retaining the feel of a small town, including excellent schools and plentiful, affordable housing. There are two nearby universities--Alfred University and Alfred State College--with world-class programs and facilities.
SJMH has affiliated with ER Select to provide recruiting services to support our fast track, growth strategies. We are aggressively seeking to a hire a Regional Manager of Finance.
Regional Manager of Finance
Job Summary:
Manages the financial and management accounting and reporting systems of the Hospital and assists in the management, development and implementation of the Hospital's annual operating and capital budget process. Ensures the overall integrity of fiscal activities for the Hospital. Develops and maintains collaborative working relationships with internal and external customers including executives, department leaders, physicians, financial institutions and other associates within the Regional network. Position requires traveling with potential for long-term assignments in regional areas of URMC.
Job Results & Essential Functions
Financial Systems & Controls (30%)
Ensures financial and regulatory compliance in connection with GAAP and other oversight bodies.
Ensures proper internal control framework in accordance with SJMH policies.
Facilitates continuous improvement of accounting policies and procedures
Manages the financial reporting system, ensuring maximum productivity and that it meets the needs of the organization.
Oversees the accounts payable function ensuring efficient systems, process and controls.
Oversees the cash management function, including maintaining and evaluating banking relationships as well as reviewing the monthly bank reconciliations.
Reviews and approves all Federal and State tax returns as well as other required reports prior to submission to ensure filing deadlines are met.
Provides coordination and oversight of the external audit in order to ensure timely completion, and within budget.
Plans and coordinates the annual budgeting process, including development of a five year strategic financial plan as well as a five year capital needs and analysis. Develops budget presentations for the Finance Committee as well as the Board of Directors.
Manages the annual insurance renewal process in collaboration with the Administrative Director.
Forecasting, Reporting & Analysis (30%)
Reviews, interprets, and analyzes financial and statistical data in a meaningful way for monthly review with senior leadership and the Board of Directors.
Provides advice and assistance to department heads and supervisors in analyzing and interpreting financial data and reports and in presenting that information to their departments and/or physician groups.
Serves as a liaison between the department leaders and other hospital staff in coordinating interdepartmental planning efforts and addressing major issues.
Prepares and delivers reports on monthly and year-to-date financials with accompanying analysis of results to the CFO, including variance analysis and corrective action plans, if needed. Provides assistance to managers in identifying reasons for variances.
Provides cash flow projections and ensures maintenance of appropriate levels of cash for operations and capital purchases while maintaining days in accounts payable at appropriate levels.
Prepares the financial section of the annual report
Provides financial modeling and analysis to support the development of long-term strategic initiatives and business plans
Regulatory/Audit/Compliance (20%)
Coordinates auditing activities, serving as the main focal point and contact for auditors.
Develops an audit work plan to assist external auditors and provide for the expedient issuance of Hospital audited financial statements.
Is responsible for all internally prepared audit work papers and support schedules for use by independent accountants.
Reviews accounting practices for ensuring compliance standards, and works directly with internal staff.
Coordinates preparation and/or review of various tax forms and reports.
Maintains up-to-date knowledge of all third party regulations and directives issued by government and regulatory agencies that impact reimbursement, financial reporting and accounting standards.
Skills & Performance of People are Appropriate for Business Needs (10%)
Manages employee performance by clearly defining job responsibilities and standards of performance; tracking progress against goals; providing clear, thorough, timely feedback; and addressing performance problems and issues promptly to promote a productive and supportive work environment.
Delegates authority and accountability to staff for responsibilities and decisions that are consistent with scope of practice (where applicable), rules and regulations of governmental authorities, and policies of the institution.
Helps others to successfully manage organizational change. Facilitates the implementation and acceptance of change within the workplace. Accepts the ambiguity that comes with change activities.
Ensures self and staff keep up-to-date on skills and knowledge developments that impact roles. Assists with identifying educational needs for staff and securing necessary resources.
Provides the necessary growth and development opportunities to promote career advancement.
Coordinates with other work groups and ensures staff does the same to ensure smooth progress and a seamless integration of effort.
Position Qualifications
Education & Experience
Bachelor's degree in Accounting or Finance required with at least five (5) years in Hospital Finance, with two (2) of them in a supervisory role; or an equivalent combination of education and experience.
Licenses and/or Certifications
o CPA Preferred
Strong analytical and organizational skills.
Strong written and verbal communication skills.
Demonstrated organizational, leadership and management skills including ability to effectively develop and implement administrative plans and objectives.
Demonstrated interpersonal and supervisory skills including ability to communicate effectively and work cooperatively as a team member.
Knowledge and demonstrated competence in: cash and accrual accounting methods, financial controls, budgeting and financial analysis.
Demonstrated competence in Generally accepted accounting practices(GAAP
Expert at data manipulation and presentation using Excel.
Demonstrated competence with computers, accounting, spreadsheet and budgeting programs.
Language Ability
Ability to read, write and interpret documents in English such as safety rules, operating and maintenance instructions and procedure manuals. Ability to read, analyze and interpret common scientific/trade/technical journals, financial reports and legal documents. Ability to respond to common inquiries or complaints from customers, employees, regulatory agencies, or members of the business community.. Ability to effectively present information to top management, public groups and/or board of directors.
Math Ability
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Reasoning Ability
Ability to define problems, collect data, establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or written form and deal with several abstract and concrete variables.
Physical Demands
Ability to communicate orally and in writing
Sitting for extended periods of time
Manual and visual dexterity required for operating telephone and computer equipment.
Frequently required to lift up to 5 lbs.
Working Conditions
Must be flexible and adaptable to changing priorities and schedules; hours vary. Normal office environment. Slight potential for exposure to communicable diseases when in the hospital.

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