This position is responsible for the financial management and support to the administrator for all aspects of the two large PO departments and their satellite locations. This position greatly impacts the management, planning, development, budget, and other activities of two academic departments that have clinical, research, and education missions.
DUTIES AND RESPONSIBILITIES
Development and management of the PO budgets comprising of over 160 cost centers
Prepares proformas for faculty and monitors productivity of faculty.
Prepares ROIs as needed
Prepares monthly faculty productivity report cards for 50+ providers
Prepares monthly financial reports for both departments and all satellite locations
Develops annual goals and objectives for the financial performance.
Cost allocations of 200+ employees with multiple missions/cost centers.
Assist the faculty in achieving those goals by providing timely feedback.
Conducts analysis of areas of revenue enhancement and cost-reduction opportunities.
Works with Rev Cycle Mgr to prepare and present monthly Revenue Cycle Analysis
Interfaces with Chair, Division Heads, Faculty, Administrator, Managers and staff.
Supervise other financial staff assigned to assist with these duties
Controlling expenses with cash projections and financial planning
Assist with daily approvals of MARS requisitions for both departments
Work with RI to oversee and/or coordinate physician T&E allocations & productivity
Oversee foundation account activity to ensure spending plans are followed, transfers occur as planned and spending is compliant.
Work with foundation staff to provide accurate information for donor reports.
Responsible for handling insurance, risk management, and legal issues. Assists the Administrator with other high-level projects. Attends meetings in the Department Administrator’s absence and provides information on behalf of the department.
Other projects as assigned by the administrator and/or faculty.
Bachelor’s degree in finance or accounting required. Masters degree in finance, or accounting preferred.
CERTIFICATES, LICENSES AND REGISTRATIONS REQUIRED
Minimum of 5 years of experience in a healthcare capacity required. Strong financial reporting experience required. Supervisory experience required.
SPECIAL KNOWLEDGE, SKILLS AND ABILITIES REQUIRED
Ability to manage multiple projects and deadlines.
Extremely well-organized and detail oriented.
Excellent interpersonal skills required to deal with diverse physicians and/or other staff
Internal Number: 41172
About Houston Methodist Hospital
Since its founding in 1919, Houston Methodist has earned worldwide recognition. Comprised of a nationally recognized academic medical center and seven community hospitals with a history of health care innovation, Houston Methodist is affiliated with the Weill Medical College of Cornell University and New York-Presbyterian Hospital, one of the nation's leading centers for medical education and research. We have consistently been recognized by several national organizations as one of the nation's best places to work, including being ranked as one of “America’s Best Large Employers” by Forbes (2017). Houston Methodist directs millions of research dollars into patient care and offers the latest innovations in medical, surgical and diagnostic techniques. With 2,165 operating beds, over 21,195 employees and more than 5,500 physicians, Houston Methodist offers complete care for patients from around the world.
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