Steward Health Care System - Port Arthur, TX
posted 2 months ago
The position at Steward Health Care, LLC (Steward) is crucial for ensuring the financial viability of the organization. The individual in this role will be responsible for establishing and monitoring financial plans and budgets that align with the business unit goals and comply with various government regulatory requirements. This includes managing the financial affairs of Steward in accordance with sound business practices and the organization's policies. The role requires planning, organizing, and directing the fiscal services department, which encompasses the development, interpretation, coordination, and administration of Steward's policies on finance, accounting, insurance, financial/accounting systems, internal controls, and auditing. Key responsibilities include establishing and monitoring the annual operating budget in accordance with sound budgeting principles and corporate guidelines. The position requires interfacing with Human Resources and other departments to prepare manpower plans, salary, and benefit proposals. The individual will supervise and develop managers in various areas such as patient accounting, data processing, credit/collection, general accounting, purchasing, PBX, and admitting. Performance plans and objectives will be established and evaluated with subordinates at the end of the performance period, ensuring positive direction and open lines of communication. The role also involves directing subordinates in developing and implementing systems and procedures for effective and accurate record-keeping, evaluating Steward's overall financial position, and preparing periodic financial and operating reports. Coordination with other senior management members in developing major financial plans, including capital expenditure programs, is essential. The individual will review and evaluate the effectiveness of all financial and accounting systems at Steward and direct the development and implementation of new systems, policies, and procedures as required. Additionally, the position requires analyzing daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives, advising department heads and administration of needed changes, and maintaining sound financial controls and record-keeping with minimal staffing. The individual will also manage Steward's financial resources, supervise and coordinate functions of reimbursement, budget, patient accounting, and general accounting, and participate in the development of department objectives and organizational structure. The role includes organizing the work of the department, allocating and scheduling work, and recommending positions and staffing required. The individual will ensure compliance with established policies and procedures and provide for the organization and maintenance of an effective system of accounting and cost determination. The position requires preparing periodic reports outlining Steward's financial position and timely filing of federal, state, and other financial reports as required. Staying current with national and local economic conditions and serving as an advisor to the board director on their impact is also a key responsibility.