Brown University Health
Director of Finance - Gateway
Brown University Health, Providence, Rhode Island, us, 02902
Summary:
The following information aims to provide potential candidates with a better understanding of the requirements for this role.
Under general direction of the Vice President of Finance and the Executive Vice President/Chief Financial Officer, manage the system's financial affairs, directing and leading the functions and activities of general accounting, financial reporting, accounts payable, banking administration and cash receipts accounting, external compliance reporting, and non-patient billing.
Directly or through subordinate managers/supervisors, interview, hire, and assign subordinate staff; provide guidance and counsel to subordinate staff; conduct periodic performance evaluations and recommend personnel actions; act as resource for staff; conduct periodic individual and/or group staff meetings; submit and approve payroll; provide and maintain subordinate staff development plans; develop standards for subordinate staff performance.
Responsibilities:
Maintain departmental reports and records and direct the collection of statistical data for administrative and regulatory agencies.
Serve as a consultant regarding the system’s financial affairs, departmental needs, and problem resolution. Develop, maintain, and enforce the Finance Department’s policies and procedures. Plan and direct the financial reporting and accounting practices of the organization to ensure compliance with generally accepted accounting principles, as well as disclosure and regulatory requirements.
Promote a customer service orientation within the Finance Department, reflecting a commitment to providing accurate, timely, and meaningful financial reports that meet the needs of all customers/users.
Assure the financial integrity of Brown University Health and Affiliates by maintaining a strong system of internal controls to safeguard assets and assess operating performance as compared to budget.
Responsible for accounting for cash receipts of all affiliates. Work with applicable Directors within Patient Financial Services (PFS) to coordinate information flow between PFS and Finance. Develop/maintain cash receipts accounting procedures, credit card relationships, and lockbox structures across the system as needed.
Accountable for the system’s non-patient billing function, including invoicing and accounting procedures, cash receipts posting, and follow up of unpaid invoices.
Uphold effective working relationships with appropriate external parties, including Brown University Health's investment custodian, independent auditors, regulators, banks, and other parties. Liaise with the Finance Committee of the Board of Directors.
Direct the accounting operations of Brown University Health's affiliated offshore captive insurance company, R.I. Sound Enterprises Insurance Co. Ltd.
Maintain accounting and funding models and related estimates for health insurance, dental insurance, and disability self-insurance reserves (IBNR).
Responsible for Brown University Health's quarterly and annual consolidated financial statement package for public distribution as mandated by the Continuing Disclosure Requirements included in the Brown University Health Obligated Group's bond documents for both the Brown University Health Obligated Group and Brown University Health Consolidated.
Monthly, meet with the Director of Information Services (I/S) to obtain/analyze detailed information necessary forproper expense accruals/classification of the entire I/S budget in connection with the closing of the Brown University Health Corporate Services financial statements.
Responsible for monthly financial statements of Brown University Health Corporate Services, Rhode Island Hospital, The Miriam Hospital, Emma Pendleton Bradley Hospital, Bradley School BS, Brown University Health Management Services Organization, and Brown University Health Home Medical.
Prepare and deliver monthly financial update for Brown University Health and Affiliates at the Brown University Health Corporate Services management meeting.
Establish and maintain accounting and financial reporting systems to meet the needs of Brown University Health and its affiliates. Provide complete and accurate records of assets, liabilities, and financial transactions for all Brown University Health entities.
Plan, direct, and coordinate functions and activities in general accounting, financial reporting, accounts payable, banking administration, external compliance reporting, and non-patient billing.
Evaluate procedures to improve methods for reducing costs of accounting operations and improve workflow on an ongoing basis.
Participate in administrative staff meetings, meetings of applicable Brown University Health Board Committees and quality improvement teams, and attend other meetings as needed.
Participate in professional continuing education activities and maintain professional affiliations to keep abreast of related trends/changes, regulations, and legislation.
Maintain quality assurance, safety, environmental, and infection control in accordance with established Brown University Health department policies, procedures, and objectives.
Perform other related duties as required.
Performance Standards:
Technical proficiency regarding generally accepted accounting principles, financial statement disclosure requirements, and Internal Revenue Service/state tax regulations.
Behave Ethically: Understand ethical behavior and business practices and ensure own behavior and the behavior of others is consistent with these standards and aligns with the values of the organization.
Build Relationships: Establish and maintain positive working relationships with others both internally and externally to achieve the goals of the organization.
Communicate Effectively: Speak, listen, and write in a clear, thorough, and timely manner using appropriate and effective communication tools and techniques.
Focus on Customer Needs: Anticipate, understand, and respond to the needs of internal and external customers to meet or exceed their expectations within the organization’s parameters.
Foster Teamwork: Work cooperatively and effectively with others to set goals, resolve problems, and make decisions that enhance organizational effectiveness.
Lead: Positively influence others to achieve results that are in the best interests of the organization.
Make Decisions: Assess situations to determine importance, urgency, and risks, and make clear decisions which are timely and in the best interests of the organization.
Organize: Set priorities, develop a work schedule, monitor progress towards goals, and track details, data, information, and activities.
Plan: Determine strategies to move the organization forward, set goals, create and implement action plans, and evaluate the process and results.
Solve Problems: Assess problem situations to identify cause, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem.
Other information:
Qualifications-Education:
Bachelor of Science in Accounting or equivalent; CPA or MBA required.
Qualifications-Experience:
Ten years’ progressive health care financial and accounting experience, with at least three years’ supervisor responsibility.
Strong leadership, technology, analytical, and communication skills
Knowledge of and aptitude for current regulatory and compliance practices
Supervision:
Perform direct and indirect supervision through subordinate managers/supervisors of up to 60 full-time equivalents. Supervision includes hiring and evaluating, as well as recommendations of personnel actions as needed.
Brown University Health is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, ethnicity, sexual orientation, ancestry, genetics, gender identity or expression, disability, protected veteran, or marital status. Brown University Health is a VEVRAA Federal Contractor.
Job Type: Full-time
Benefits:* 401(k)* Dental insurance* Health insurance* Life insurance* Paid time off* Vision insurance
Work Location: In person
The following information aims to provide potential candidates with a better understanding of the requirements for this role.
Under general direction of the Vice President of Finance and the Executive Vice President/Chief Financial Officer, manage the system's financial affairs, directing and leading the functions and activities of general accounting, financial reporting, accounts payable, banking administration and cash receipts accounting, external compliance reporting, and non-patient billing.
Directly or through subordinate managers/supervisors, interview, hire, and assign subordinate staff; provide guidance and counsel to subordinate staff; conduct periodic performance evaluations and recommend personnel actions; act as resource for staff; conduct periodic individual and/or group staff meetings; submit and approve payroll; provide and maintain subordinate staff development plans; develop standards for subordinate staff performance.
Responsibilities:
Maintain departmental reports and records and direct the collection of statistical data for administrative and regulatory agencies.
Serve as a consultant regarding the system’s financial affairs, departmental needs, and problem resolution. Develop, maintain, and enforce the Finance Department’s policies and procedures. Plan and direct the financial reporting and accounting practices of the organization to ensure compliance with generally accepted accounting principles, as well as disclosure and regulatory requirements.
Promote a customer service orientation within the Finance Department, reflecting a commitment to providing accurate, timely, and meaningful financial reports that meet the needs of all customers/users.
Assure the financial integrity of Brown University Health and Affiliates by maintaining a strong system of internal controls to safeguard assets and assess operating performance as compared to budget.
Responsible for accounting for cash receipts of all affiliates. Work with applicable Directors within Patient Financial Services (PFS) to coordinate information flow between PFS and Finance. Develop/maintain cash receipts accounting procedures, credit card relationships, and lockbox structures across the system as needed.
Accountable for the system’s non-patient billing function, including invoicing and accounting procedures, cash receipts posting, and follow up of unpaid invoices.
Uphold effective working relationships with appropriate external parties, including Brown University Health's investment custodian, independent auditors, regulators, banks, and other parties. Liaise with the Finance Committee of the Board of Directors.
Direct the accounting operations of Brown University Health's affiliated offshore captive insurance company, R.I. Sound Enterprises Insurance Co. Ltd.
Maintain accounting and funding models and related estimates for health insurance, dental insurance, and disability self-insurance reserves (IBNR).
Responsible for Brown University Health's quarterly and annual consolidated financial statement package for public distribution as mandated by the Continuing Disclosure Requirements included in the Brown University Health Obligated Group's bond documents for both the Brown University Health Obligated Group and Brown University Health Consolidated.
Monthly, meet with the Director of Information Services (I/S) to obtain/analyze detailed information necessary forproper expense accruals/classification of the entire I/S budget in connection with the closing of the Brown University Health Corporate Services financial statements.
Responsible for monthly financial statements of Brown University Health Corporate Services, Rhode Island Hospital, The Miriam Hospital, Emma Pendleton Bradley Hospital, Bradley School BS, Brown University Health Management Services Organization, and Brown University Health Home Medical.
Prepare and deliver monthly financial update for Brown University Health and Affiliates at the Brown University Health Corporate Services management meeting.
Establish and maintain accounting and financial reporting systems to meet the needs of Brown University Health and its affiliates. Provide complete and accurate records of assets, liabilities, and financial transactions for all Brown University Health entities.
Plan, direct, and coordinate functions and activities in general accounting, financial reporting, accounts payable, banking administration, external compliance reporting, and non-patient billing.
Evaluate procedures to improve methods for reducing costs of accounting operations and improve workflow on an ongoing basis.
Participate in administrative staff meetings, meetings of applicable Brown University Health Board Committees and quality improvement teams, and attend other meetings as needed.
Participate in professional continuing education activities and maintain professional affiliations to keep abreast of related trends/changes, regulations, and legislation.
Maintain quality assurance, safety, environmental, and infection control in accordance with established Brown University Health department policies, procedures, and objectives.
Perform other related duties as required.
Performance Standards:
Technical proficiency regarding generally accepted accounting principles, financial statement disclosure requirements, and Internal Revenue Service/state tax regulations.
Behave Ethically: Understand ethical behavior and business practices and ensure own behavior and the behavior of others is consistent with these standards and aligns with the values of the organization.
Build Relationships: Establish and maintain positive working relationships with others both internally and externally to achieve the goals of the organization.
Communicate Effectively: Speak, listen, and write in a clear, thorough, and timely manner using appropriate and effective communication tools and techniques.
Focus on Customer Needs: Anticipate, understand, and respond to the needs of internal and external customers to meet or exceed their expectations within the organization’s parameters.
Foster Teamwork: Work cooperatively and effectively with others to set goals, resolve problems, and make decisions that enhance organizational effectiveness.
Lead: Positively influence others to achieve results that are in the best interests of the organization.
Make Decisions: Assess situations to determine importance, urgency, and risks, and make clear decisions which are timely and in the best interests of the organization.
Organize: Set priorities, develop a work schedule, monitor progress towards goals, and track details, data, information, and activities.
Plan: Determine strategies to move the organization forward, set goals, create and implement action plans, and evaluate the process and results.
Solve Problems: Assess problem situations to identify cause, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem.
Other information:
Qualifications-Education:
Bachelor of Science in Accounting or equivalent; CPA or MBA required.
Qualifications-Experience:
Ten years’ progressive health care financial and accounting experience, with at least three years’ supervisor responsibility.
Strong leadership, technology, analytical, and communication skills
Knowledge of and aptitude for current regulatory and compliance practices
Supervision:
Perform direct and indirect supervision through subordinate managers/supervisors of up to 60 full-time equivalents. Supervision includes hiring and evaluating, as well as recommendations of personnel actions as needed.
Brown University Health is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, ethnicity, sexual orientation, ancestry, genetics, gender identity or expression, disability, protected veteran, or marital status. Brown University Health is a VEVRAA Federal Contractor.
Job Type: Full-time
Benefits:* 401(k)* Dental insurance* Health insurance* Life insurance* Paid time off* Vision insurance
Work Location: In person