Reports to: Chief Executive Officer (CEO)

Main Responsibilities:

• Oversee the day-to-day financial operations of MSGH, including accounts payable, accounts receivable, payroll, budgeting, and forecasting.
• Ensure accurate and timely financial reporting, adhering to all relevant accounting standards and regulations.
• Develop and implement internal control procedures to safeguard financial assets and mitigate risks.
• Manage cash flow and ensure sufficient liquidity to meet operational needs.
• Analyze financial data and identify trends to inform strategic decision- making.
• Prepare comprehensive financial statements, including balance sheets. income statements, and cash flow statements. Conduct variance analysis to identify and investigate significant deviations from budget expectations.
• Generate financial reports for the CEO, Board of Directors, and other stakeholders, providing insights into the financial performance of the hospital.
• Recommend financial strategies to optimize resource allocation and maximize profitability. Lead the development of the annual operating budget for MSGH.
• aligning financial goals with strategic objectives.
• Monitor adherence to the budget and make adjustments as necessary.
• Conduct cost-benefit analyses to evaluate the financial implications of proposed initiatives.
• Partner with department heads to ensure their budget allocations align with departmental goals.
• Analyze and identify opportunities to increase revenue generation for MSGH through strategic pricing and service offerings.
• Monitor and report on the financial performance of various departments and services to assess their contribution to overall revenue.
• Collaborate with management teams to develop strategies for improving service efficiency and cost-effectiveness.

Additional Responsibilities:

• Stay abreast of current healthcare financial regulations and ensure compliance.
• Manage relationships with external auditors and ensure a smooth audit process.
• Oversee the hospital’s billing and coding practices to ensure accuracy and maximize reimbursement.
• Identify and implement cost-saving measures to improve the hospital’s financial sustainability.
• May supervise a team of accounting staff and provide guidance and support.

Salary and benefit: Competitive salary and benefits package.

Qualifications/Skills

• Bachelor’s degree in Accounting, Finance, or a related field (MBA preferred).
• Minimum of 8 years of experience in a healthcare financial management role out of which 2 years in a managerial level.
• Proven experience in financial reporting, budgeting, forecasting, and financial analysis.
• Excellent understanding of healthcare finance and accounting principles.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to effectively interact with all levels of staff, including the CEO and Board of Directors.
• Proficient in financial accounting software especially in Peachtree accounting software.
• Knowledge and experience of IFRS is mandatory.
• Opportunity to work in a fast-paced and dynamic healthcare environment.