Chief Financial Officer - Hospital

We are looking for CFO for a leading Group of Hospital in Delhi NCR

Must to speak language - Malayalam

Experience - 15 to 20 Years

Job Location - Delhi NCR

Must to know - Malayalam

Summary:

- The hospital CFO is assigned onsite financial responsibility for a facility under a management agreement with Hospital Management Services, Inc.

- The CFO administers, directs and monitors all hospital financial activities and keeps the hospital CEO, Hospital and the hospital Board of Trustees informed of the financial condition of the facility.

Essential Duties and Responsibilities:

- Works with the hospital CEO, Hospital corporate staff, Hospital Regional Vice- President (RVP), Assistant Vice President (AVP), hospital board and employees to develop financial goals and objectives for the hospital.

- Provides proactive, sound guidance regarding management of assets and investments, and financial trends within the facility.

- Works with department managers and patient care executives to implement financial plans and productivity benchmarks, and to monitor progress toward financial goals.

- Is actively involved in Hospital system management approaches, corporate performance and the growth of a team-oriented culture.

- In conjunction with the AVP, establishes a five -year strategic financial plan for the hospital as part of the hospital's strategic planning process.

- Employs a system of responsible accounting, including budget and internal controls.

- Ensures that monthly financial statements and bi-weekly productivity reports are completed and distributed on a timely basis.

- Ensures that all balance sheet accounts are reconciled on a monthly basis and a system of internal controls are in place to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted.

- Maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital's cash flow.

- Maintains a thorough working knowledge of federal, state and managed care reimbursement payment methodologies, including: contractual accounting, payment calculations, billing requirements and compliance issues.

- Keeps up to date with all federal statutes surrounding participation in the Medicare and Medicaid programs, including, but not limited to: EMTALA, Medicare fraud and abuse issues, Stark legislation, and IRS guidelines pertaining to the operation of not for profit entities.

- Typically supervises the areas of Accounting, Admitting/Registration, Patient Financial Services, Credit and Collection, Purchasing, Health Information Management, Payroll and Cashier. May oversee other departments, as required at the individual hospital.

- Keeps the Hospital team (hospital CEO, RVP and AVP) aware of all key financial developments.

- Fulfills accountability for the hospital by submitting to Hospital all appropriate reports and functions as a cooperating member of a great team.