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Finance Manager – Healthcare Operations

Application ends: November 23, 2029
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Job Overview

  • Date Posted
    August 26, 2024
  • Location
  • Offered Salary
  • Expiration date
    November 23, 2029
  • Experience
    5 Year
  • Industry
    Finance
  • Qualification
    Bachelor Degree, Master’s Degree
  • Career Level
    Manager

Job Description

Position Overview:

The Finance Manager - Healthcare Operations will oversee and manage the financial activities related to our healthcare operations. This role involves budgeting, forecasting, financial reporting, and analysis to support strategic decision-making and ensure efficient financial management within the healthcare division.

Key Responsibilities:

  • Financial Management: Oversee financial planning and analysis for healthcare operations. Develop and manage budgets, financial forecasts, and long-term financial plans in alignment with organizational goals.
  • Reporting and Analysis: Prepare and review monthly, quarterly, and annual financial reports. Analyze financial performance, identify trends, and provide actionable insights to support decision-making.
  • Cost Management: Monitor and analyze costs related to healthcare operations. Identify opportunities for cost reduction and efficiency improvements, and implement strategies to optimize resource utilization.
  • Revenue Cycle Management: Oversee revenue cycle processes, including billing, collections, and reimbursement. Ensure accurate and timely processing of claims and optimize revenue streams.
  • Compliance and Governance: Ensure compliance with healthcare regulations, financial standards, and internal policies. Conduct internal audits and support external audits to ensure accuracy and regulatory adherence.
  • Financial Modeling: Develop financial models and scenarios to support strategic initiatives and assess the financial impact of proposed changes or projects.
  • Team Leadership: Lead and mentor a team of finance professionals. Provide guidance, support, and training to enhance team performance and professional development.
  • Collaboration: Work closely with healthcare administrators, department heads, and senior management to align financial strategies with operational goals. Support cross-functional projects and initiatives.
  • Process Improvement: Identify and implement improvements to financial processes and systems. Enhance reporting tools and methodologies to improve accuracy and efficiency.

Qualifications:

  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. CPA, CFA, or other relevant certification is preferred.
  • Minimum of 10 years of experience in financial management, with a focus on healthcare operations or a related field.
  • Strong understanding of healthcare finance, including revenue cycle management, cost accounting, and regulatory requirements.
  • Proficiency in financial software and systems.
  • Excellent analytical skills with the ability to interpret complex financial data and provide actionable insights.
  • Strong leadership and team management skills, with experience in mentoring and developing finance professionals.
  • Effective communication skills, with the ability to present financial information clearly to various stakeholders.
  • Detail-oriented with strong organizational and problem-solving skills.

Preferred Skills:

  • Knowledge of healthcare reimbursement models and payer relationships.

What We Offer:

  • Competitive salary and comprehensive benefits package.
  • Opportunities for career growth and professional development.
  • A supportive and collaborative work environment.
  • Flexible work arrangements and focus on work-life balance.

How to Apply:

To apply, please submit your resume and a cover letter detailing your experience and qualifications to jobs@prolancershub.com