What are the responsibilities and job description for the Controller position at Brilliant®?
Scope:
Responsible for the leadership and oversight of the hospital’s accounting, finance, budget, and reimbursement functions. This role manages the day-to-day accounting and finance operations, including accurate and timely reporting, development and monitoring of the annual operating budget, and cost reporting for a hospital with annual operating revenue of $1.5B. The position reports directly to the CFO.
Responsibilities:
- Develop and maintain an organizational structure and staffing plan to achieve the department’s goals and objectives, implementing procedures to increase efficiency and productivity.
- Ensure monthly financial statements are completed timely and accurately, and all balance sheet accounts are reconciled monthly in compliance with policies and standards, addressing any outstanding variances promptly.
- Prepare and publish required corporate reports for senior management and departments, including the Monthly Operating Report, Monthly Certifications, Corporate Disclosures, and Forecasts.
- Direct the operations of the Revenue Cycle to ensure timely collection of accounts receivable and minimize uncompensated care, routinely reviewing revenue cycle metrics to proactively identify and address performance issues.
- Participate in the preparation of the annual operating budget.
- Provide ongoing revenue, expense, and cost analysis to assist the CFO in implementing changes needed to achieve budget goals.
- Ensure the System's records and financial statements are maintained in accordance with GAAP.
- Ensure all related statutory filings are completed and all retention requirements are met.
- Initiate the monthly financial statements closing process.
- Prepare the monthly general ledger close, including account reconciliations, bad debt templates, Blue Cross reconciliation, and contractual analysis.
Salary : $140,000 - $160,000