Munisingmemorial
Chief Financial Officer/Chief Operating Officer
Munisingmemorial, Lansing, Michigan, United States
Description
Munising Memorial Hospital is seeking a Chief Financial Officer/ Chief Operating Officer to join our leadership team!
Chief Financial Officer JOB SUMMARY:
The Chief Financial Officer will direct and oversee the financial activities of the organization, prepare financial reports and summaries, and create forecasts predicting future growth. Primarily responsible for accounting, internal and external reporting, internal control, cash management, patient accounts, reimbursement functions and the budgeting process according to established policies and procedures.
Chief Operating Officer JOB SUMMARY:
Directs, administers, and coordinates the internal operational activities of assigned departments in accordance with policies, goals, and objectives established by the Chief Executive Officer and the Board of Directors. Leads and directs the following functions and/or business units: support services, human resources, patient information services, medical staff coordination, and agency promotion and communication. Responsible for managing staff and operations of Bay Care Medical Center. Supports the CEO in the development of organization policies and goals that cover operations, personnel, financial performance, and growth of the functions and/or business units mentioned above.
Requirements Chief Financial Officer Essential functions include but are not limited to:
Coordinates and administers the system of internal control over hospital finance operations. These duties include responsibility for comparing actual performance with operating plans and standards; reporting and interpreting the results of operations to upper management; preparing cash forecasts, revenue forecasts, expense budgets, and cost standards together with necessary procedures to effectuate operating plans. These functions include the formulation of accounting policies, procedures and systems; preparation of operating data and reports as required; coordination of statistical data gathering; review and approval of entries posted to the general ledger, subsidiary ledgers, and journals for accuracy and compliance with established accounting policies and procedures.
Reviews financial reports for accuracy before release.
Reviews journal entries, reconciliations and analysis for accuracy and compliance with established accounting policies and procedures.
Reviews payroll and accounts payable sections to ensure that appropriate control procedures have been established and are being followed.
Develops and recommends department operating budget and ensures department operates within allocated funds.
Develops and recommends capital expenditures.
Plans, coordinates and prepares year-end audits, routine operational reports, such as cash flow statistics, accounts receivable and payable reports.
Consults with all segments of management responsible for policies and procedures concerning any phase of the operation of the hospital as it relates to the attainment of objectives and the effectiveness of policies, procedures, and organization structure; makes recommendations as necessary.
Collaborates with other departments to create systems and problem solve ongoing issues that affect departmental/organizational goals and patient care delivery.
Demonstrate a clear understanding of regulations applicable to patient care and other department functions.
Supervise and coordinate the preparation of, other otherwise prepares reports, to government agencies (i.e. the Internal Revenue Service) and to third party payors.
Coordinates, plans and prepares for audits by the hospital’s independent certified public accountants and auditors representing government agencies and third party payors. Establishes and maintains a positive working relationship with such parties.
Maintains appropriate managerial control over the accounts receivable operation to ensure the timeliness and accuracy of billings and collections. Monitors staff productivity.
Credit card use and control.
Professional Requirements
Ensures compliance with governmental and hospital requirements and standards.
Completes annual education requirements.
Maintains patient confidentiality at all times.
Reports to work on time and as scheduled, completes work within designated time.
Wears identification while on duty.
Completes in-services and returns in a timely fashion.
Attends annual review and department in-services, as scheduled.
Represents the organization in a positive and professional manner.
Actively participates in performance improvement and continuous quality improvement (CQI) activities.
Complies with all organizational policies regarding ethical business practices.
This position is responsible for wholehearted, genuine operations of all aspects of the safety and health program – including compliance with rules and regulations- and for continuously practicing safety and health while performing their duties.
Perform tasks which are supportive in nature to the essential functions of the job, but which may be altered or redesigned depending upon individual circumstances.
Education/Experience Requirements
Bachelor’s Degree with a major in Accounting
At least 5 years’ of accounting and/or finance experience required.
Supervisory experience preferred
Health care experience preferred
Chief Operating Officer Accountabilities include but are not limited to:
Provide day-to-day leadership and management to the organization that mirrors the adopted mission of the hospital.
Foster a success-oriented, accountable environment within the company.
Represent the hospital with clients, public, and business partners.
Directs internal operations to achieve budgeted results and other financial criteria, and to preserve the capital funds invested in the hospital.
Participates in the development and preparation of short-term and long-range plans and budgets based upon broad organization goals and objectives.
Develops and establishes operating policies consistent with the broad policies and objectives of the organization and insures their adequate execution.
Insures that all activities and operations are performed in compliance with local, state, and federal regulations and laws governing business operations.
Directs the development and establishment of adequate and equitable personnel policies throughout the organization, including compensation policies and employee benefit plans. Insures that the interests and welfare of employees as individuals are preserved and protected.
Actively participates in performance improvement and continuous quality improvement (CQI) activities.
Complies with all organizational policies regarding ethical business practices.
This position is responsible for leading and directing the safety and health program, ensuring regulatory compliance, modeling safe practices, and, with support from the assigned clinical team, promoting a culture of safety across the organization.
Perform tasks which are supportive in nature to the essential functions of the job, but which may be altered or redesigned depending upon individual circumstances.
This position has overall supervisory responsibility for all assigned operations.
Regulatory Requirements
Bachelor's degree in business or related field.
At least 5 years of strong operational experience.
Master’s degree in business or related field and at least five years in a senior management role is preferred.
Physical Requirements Prolonged periods of sitting, standing and walking
Requires normal vision range
Requires hand-eye coordination and manual dexterity
Requires repetitive motion, including data entry and filing.
#J-18808-Ljbffr
Munising Memorial Hospital is seeking a Chief Financial Officer/ Chief Operating Officer to join our leadership team!
Chief Financial Officer JOB SUMMARY:
The Chief Financial Officer will direct and oversee the financial activities of the organization, prepare financial reports and summaries, and create forecasts predicting future growth. Primarily responsible for accounting, internal and external reporting, internal control, cash management, patient accounts, reimbursement functions and the budgeting process according to established policies and procedures.
Chief Operating Officer JOB SUMMARY:
Directs, administers, and coordinates the internal operational activities of assigned departments in accordance with policies, goals, and objectives established by the Chief Executive Officer and the Board of Directors. Leads and directs the following functions and/or business units: support services, human resources, patient information services, medical staff coordination, and agency promotion and communication. Responsible for managing staff and operations of Bay Care Medical Center. Supports the CEO in the development of organization policies and goals that cover operations, personnel, financial performance, and growth of the functions and/or business units mentioned above.
Requirements Chief Financial Officer Essential functions include but are not limited to:
Coordinates and administers the system of internal control over hospital finance operations. These duties include responsibility for comparing actual performance with operating plans and standards; reporting and interpreting the results of operations to upper management; preparing cash forecasts, revenue forecasts, expense budgets, and cost standards together with necessary procedures to effectuate operating plans. These functions include the formulation of accounting policies, procedures and systems; preparation of operating data and reports as required; coordination of statistical data gathering; review and approval of entries posted to the general ledger, subsidiary ledgers, and journals for accuracy and compliance with established accounting policies and procedures.
Reviews financial reports for accuracy before release.
Reviews journal entries, reconciliations and analysis for accuracy and compliance with established accounting policies and procedures.
Reviews payroll and accounts payable sections to ensure that appropriate control procedures have been established and are being followed.
Develops and recommends department operating budget and ensures department operates within allocated funds.
Develops and recommends capital expenditures.
Plans, coordinates and prepares year-end audits, routine operational reports, such as cash flow statistics, accounts receivable and payable reports.
Consults with all segments of management responsible for policies and procedures concerning any phase of the operation of the hospital as it relates to the attainment of objectives and the effectiveness of policies, procedures, and organization structure; makes recommendations as necessary.
Collaborates with other departments to create systems and problem solve ongoing issues that affect departmental/organizational goals and patient care delivery.
Demonstrate a clear understanding of regulations applicable to patient care and other department functions.
Supervise and coordinate the preparation of, other otherwise prepares reports, to government agencies (i.e. the Internal Revenue Service) and to third party payors.
Coordinates, plans and prepares for audits by the hospital’s independent certified public accountants and auditors representing government agencies and third party payors. Establishes and maintains a positive working relationship with such parties.
Maintains appropriate managerial control over the accounts receivable operation to ensure the timeliness and accuracy of billings and collections. Monitors staff productivity.
Credit card use and control.
Professional Requirements
Ensures compliance with governmental and hospital requirements and standards.
Completes annual education requirements.
Maintains patient confidentiality at all times.
Reports to work on time and as scheduled, completes work within designated time.
Wears identification while on duty.
Completes in-services and returns in a timely fashion.
Attends annual review and department in-services, as scheduled.
Represents the organization in a positive and professional manner.
Actively participates in performance improvement and continuous quality improvement (CQI) activities.
Complies with all organizational policies regarding ethical business practices.
This position is responsible for wholehearted, genuine operations of all aspects of the safety and health program – including compliance with rules and regulations- and for continuously practicing safety and health while performing their duties.
Perform tasks which are supportive in nature to the essential functions of the job, but which may be altered or redesigned depending upon individual circumstances.
Education/Experience Requirements
Bachelor’s Degree with a major in Accounting
At least 5 years’ of accounting and/or finance experience required.
Supervisory experience preferred
Health care experience preferred
Chief Operating Officer Accountabilities include but are not limited to:
Provide day-to-day leadership and management to the organization that mirrors the adopted mission of the hospital.
Foster a success-oriented, accountable environment within the company.
Represent the hospital with clients, public, and business partners.
Directs internal operations to achieve budgeted results and other financial criteria, and to preserve the capital funds invested in the hospital.
Participates in the development and preparation of short-term and long-range plans and budgets based upon broad organization goals and objectives.
Develops and establishes operating policies consistent with the broad policies and objectives of the organization and insures their adequate execution.
Insures that all activities and operations are performed in compliance with local, state, and federal regulations and laws governing business operations.
Directs the development and establishment of adequate and equitable personnel policies throughout the organization, including compensation policies and employee benefit plans. Insures that the interests and welfare of employees as individuals are preserved and protected.
Actively participates in performance improvement and continuous quality improvement (CQI) activities.
Complies with all organizational policies regarding ethical business practices.
This position is responsible for leading and directing the safety and health program, ensuring regulatory compliance, modeling safe practices, and, with support from the assigned clinical team, promoting a culture of safety across the organization.
Perform tasks which are supportive in nature to the essential functions of the job, but which may be altered or redesigned depending upon individual circumstances.
This position has overall supervisory responsibility for all assigned operations.
Regulatory Requirements
Bachelor's degree in business or related field.
At least 5 years of strong operational experience.
Master’s degree in business or related field and at least five years in a senior management role is preferred.
Physical Requirements Prolonged periods of sitting, standing and walking
Requires normal vision range
Requires hand-eye coordination and manual dexterity
Requires repetitive motion, including data entry and filing.
#J-18808-Ljbffr