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Director of Finance
Director of Finance-April 2024
Telluride
Apr 3, 2025
About Director of Finance

  The Director of Finance for Telluride Regional Medical Center is responsible for the oversight of the fiscal functions of the corporation in accordance with GAAP and other Regulatory agencies, state licensure, banking, and advisory organizations in accordance with financial management techniques and practices appropriate within the health care industry for hospitals and clinics.

  This position could be a remote/hybrid role. 

            Responsibilities

  Provide controllership functions in order to ensure finances are managed according to legislation, policies and procedures and Generally Accepted Accounting Policies (GAAP).

  Maintains close coordination with all departments to ensure continuity and collaboration of financial support processes.

  Monitor department spending and recommend corrective actions as necessary.

  Establish and maintain cash controls.

  Responsible for the financial reporting, to include but not limited to monthly financial statements, Board financial reports, financial dashboards, and other reporting as needed.

  Prepares reports that summarize and forecast TRMC business activity and financial position in areas of income, expenses and earnings based on past, present, and expected operations.

  Provide financial and accounting advice, direction, and leadership.

  Ensure compliance with all agencies related to financial matters and demonstrate ethical business practices.

  Prepare tender documents and administer contracts.

  Approve the chart of accounts and general ledger controls.

  Adheres to facility policies and procedures and establishes departmental policies as needed.

  Directs preparation of budget, reviews budget proposals and prepares necessary supporting documentation and justification.

  Manage investments and reserves.

  Reconcile general ledger accounts.

  Arranges and coordinates the planning of the annual audit and the preparation of audit with a third party.

  Coordinate and assist in the preparation of the annual Medicare Cost Report, Med 13 Cost Report, Colorado Indigent Care Program Report, etc.

  Establishes, maintains, and assures compliance for Internal Control and Segregation of Duties in accordance with Generally Accepted Accounting Principles (GAAP).

  Ensure all required licensing, certification and/or education requirements for assigned staff members are completed and up to date.

  Evaluate the performance of team members.

  Perform other related duties as required.

  Knowledge, Skills, and Abilities:

  Deft ability to compile and analyze financial functions in accordance with Generally Accepted Accounting Principles (GAAP).

  Full spectrum revenue cycle management.

  Carrier contracting and reimbursement evaluation.

  Advanced knowledge of total process flow; in-depth knowledge of cash management processes, accounts payable, accounts receivable, payroll, reconciliation, and fraud prevention.

  Knowledge of collection processes through prescribed legal means to support and garner protections for the agency in managing accounting processes.

  Advanced knowledge of common accounting software; ability to use computer applications in the completion of financial tasks and communication of accounting processes.

  Outstanding verbal and written communication skills.

  Advanced leadership skills in guiding and formulating work improvement plans, encouraging employee engagement and performance.

  Advanced knowledge in financial management; knowledge of practices and procedures for planning and formulating budgets and monitoring related expenses.

  Ability to manage multiple and simultaneous responsibilities and to prioritize scheduling of work.

  Ability to establish and maintain effective relationships with the public, other agencies, employees, and administration.

  Ability to handle difficult situations involving patients, physicians, or others in a professional manner.

  Must be able to hear and speak clearly and have the ability to effectively communicate, both in person and in writing.

  Ability to determine appropriate course of action in more complex situations.

  Note:  An acceptable combination of education, training and experience that provides the above knowledge, abilities and skills may be substituted.

  Education or Formal Training:

  Bachelor's degree in Accounting or Finance from an accredited college or university is required. Five years of documented work experience in accounting, finance or controller role.  Must have a proficient knowledge of the following areas: GAAP, computerized accounting, CMS cost reports, accounts payable, auditing, IRS reporting, payroll, and all other healthcare related accounting situations.

  Previous work experience in a medical setting is preferred. eCW/RCM experience is a plus.

  Salary range is $135,000 - $155,000 per year. 

  Position will remain open until filled. Candidates can apply for the position at https://jobs.tellmed.org

   

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