Finance Director
Job Description
Job Schedule: Full-time Monday to Friday
Compensation: $130K-$150K/yearly
Your experience matters
Providence Swedish Rehab Hospital is operated jointly with Lifepoint Health. We are driven by a profound commitment to prioritize your well-being so you can provide exceptional care to others. As a Director of Finance joining our team, you’re embracing our promise to provide superior patient care that exceeds industry standards as well as patient expectations. Join us on this meaningful journey where your skills, compassion and dedication will make a remarkable difference in the lives of those we serve.
Job Summary:
Responsible for overall financial administration of the hospital, including revenue cycle, general accounting, information systems and financial reporting in accordance with all hospital and corporate policies and procedures. Ensures that internal controls are adequate to safeguard facility assets and that accounting systems are sufficient to generate accurate and timely financial reports. Also responsible for preparation of the annual hospital budget along with ongoing analytics monitoring any variances and reporting to CEO and corporate office.
How you'll contribute:
A Director of Finance who excels at this role:
- Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital’s cash flow (including management of denials).
- Ensures that company policies and procedures are effective and implemented to assure minimal risk to the facility.
- Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required.
- Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures that monthly financial statements and regular productivity reports are completed and distributed on a timely basis.
- Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days).
- Contribute to and monitor performance goals and objectives (EBITDAR target). Analyzes variances and with CEO, develops action plans to achieve assigned targets.
- Ensures all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion.
- Typically supervises the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital.
- Ensures that month-end financial closing process is completed accurately and timely; prepares financial statements and monthly operating review reports to co-present with the hospital CEO to corporate management.
- Responsible for preparation of annual operating and capital budgets for the hospital.
- Assists the corporate finance and accounting team in the annual independent audit preparation and process.
- Responsible for daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled and or requested.
- All other duties assigned
- Performs other duties as assigned.
What we are looking for:
- Education: Bachelor’s degree in finance or accounting or related field required. CPA preferred.
- Experience: Previous experience in healthcare overall financial operations/controls required.
- Experience in payroll also required.
- Knowledge of in-patient psychiatric and chemical dependency hospital finance preferred.
- Proficient in use of Microsoft Office applications and has used computer workstation in previous roles in hospital.
Why join us:
We believe that investing in our employees is the first step to providing excellent patient care. In addition to your base compensation, this position also offers:
- Financial & Career Growth: Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
- Employee Well-being: Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
- Professional Development: Ongoing learning and career advancement opportunities.
EEOC Statement:
Providence Swedish Rehab Hospital is an Equal Opportunity Employer. Providence Swedish Rehab Hospital is committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment.”
Pay Transparency Notice (Washington State)
If you believe this job posting does not include accurate or complete pay information in accordance with the Washington State Equal Pay and Opportunities Act, please inform us immediately. You can contact us at 833-271-4269 to report the issue. For more information on your rights under Washington’s pay transparency laws, visit the Washington State Department of Labor and Industries website at: https://lni.wa.gov
Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.
We employ and provide care to people from all walks of life. We are committed to promoting healing, providing hope, preserving dignity and producing value with an inclusive workforce in which diversity is leveraged, respected, and reflective of the patients, family members, customers and team members we serve.