Controller - Financial Analysis at Tenet Healthcare Corporation

Detroit, Michigan, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Jul, 26

Salary

0.0

Posted On

07 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial analysis, Budgeting, Revenue cycle management, Supply chain oversight, GAAP compliance, SOX compliance, Audit requirements, Financial reporting, Balance sheet reconciliation, Performance analysis, Project management, Leadership, Conflict resolution, Strategic planning, Risk assessment, Communication

Industry

Hospitals and Health Care

Description

DMC Children's Hospital of Michigan is committed to providing exceptional patient care in a supportive and collaborative environment. As a member of our team, you will have the opportunity to work with advanced technology and be part of a healthcare community dedicated to making a positive impact on the lives of our patients. Benefits Statement At Tenet Healthcare, we understand that our greatest asset is our dedicated team of professionals. That’s why we offer more than a job – we provide a comprehensive benefit package that prioritizes your health, professional development, and work-life balance. The available plans and programs include: • Medical, dental, vision, and life insurance • 401(k) retirement savings plan with employer match • Generous paid time off (PTO) • Career development and continuing education opportunities • Health savings accounts, healthcare & dependent flexible spending accounts • Employee Assistance program, Employee discount program • Voluntary benefits include pet insurance, legal insurance, accident and critical illness insurance, long term care, elder & childcare, auto & home insurance. Note: Eligibility for benefits may vary by location and is determined by employment status Job Summary The Controller assists the CFO in all daily financial operations, including month end close review, analysis and action planning, daily key performance indicator monitoring as well as supply chain and revenue cycle operations oversight. Assists the Market CFO in safeguarding hospital assets and ensuring the financial statements, including the books and records, are prepared, and maintained in accordance with GAAP. Provides hands-on training, continuous improvement and assistance to department leaders and staff related to market financial operations. Responsible for preparation of the Market’s annual detailed operating budget, routine forecast preparation and adherence to audit requirements for GME and Lab. The Controller has responsibility for Shared Services, Lab and GME entities as well as other market support as appropriate. Participates in the market's long-term and short-term financial process; makes recommendations, analyzes deficiencies, and prepares reports as needed. Provides director level oversight for finance teams with Lab and GME. Functions in lead role with hospital controllers to optimize performance with finance team in the markets. Works with market department leaders and staff to develop work plans to improve financial operations and quantify financial impact of improvement projects. Stays attune to activities within the Internal Audit department to ensure compliance. Completes self-audit risk assessments. Ensures SOX compliance and regularly reviews and audits practices within the organization and affiliates. Responsible for timely and accurate month-end reporting and performance analysis for both revenue and cost to budget/forecast. Responsible for balance sheet reconciliation review. Will also identify areas of shortfall and assist in the development of mitigation plans. Completes all quarterly/routine forecasts in a timely and accurate fashion for the CFO review and approval. Responsible for the annual operating budget process for the market entities including collection of information, obtaining input from department leaders, and determining ways to accomplish budget goals efficiently and effectively. Assists department heads in program planning, including organizational goal achievement, budgeting, facilities, equipment, supplies, utilization, and statistical/financial reporting. Responsible for preparing revenue, cost, and service line analysis as well as pro forma development as needed. Works closely with CFO on initiatives to ensure successful management of financial operations. Be able to perform responsibilities of CFO if necessary. 1. Bachelor's degree in Accounting or Finance, or equivalent minimum experience requirements. 2. Five years working in hospital accounting or finance. Seven years preferred. Skills Required Analytical ability to create solutions to difficult administrative, technical or human situations, to anticipate and resolve a broad range of issues and concerns on multiple, sometimes unrelated topics, to determine the need for process development and refinement, to independently evaluate situations and outline ramifications of multiple solutions or options, to recommend goals for function/area and understand when intervention in current work processes must occur to ensure successful delivery of service. Communication and/or interpersonal skills for contact with internal and external customers/stakeholders to obtain and interpret a variety of information based on knowledge of departmental practices, DMC policies and programs and specific technical and regulatory knowledge. Discretion must be exercised in deciding what and how to communicate. Conflict resolution skills must be exercised where policy issues are concerned both within the functional area and interdepartmentally. Diplomacy, tact and listening skills are required. Ability to read, interpret and write technical materials. Project management skills including the ability to define program, project, or process objectives, identify stakeholders and their interests, plan steps, coordinate and allocate human, technological and fiscal resources to accomplish goals and objectives in a resourceful yet timely manner. Leadership skills including demonstrated willingness to pursue leadership roles with increasing levels of accountability, comfort with decision-making responsibilities, coaching, teaching and counseling skills, and the ability to inspire and build confidence in others and to forge alliances and garner support. Facility Description Children’s Hospital of Michigan is an international leader in pediatric and adolescent medicine. Surgical services include general, thoracic, reconstructive and cardiovascular. Imaging technology designed specifically for children provides advanced diagnostic services including Positron Emission Tomography (PET) and MRI. The Children’s Hospital of Michigan Emergency Department is a verified Level 1 Pediatric Trauma Center and dedicated pediatric burn center. Experts in pediatric critical care, rehabilitation, and neonatal and perinatal medicine provide care for thousands of children every year at Children’s Hospital of Michigan, Children’s Hospital of Michigan - Troy and six ambulatory sites. EEO Statement Employment practices will not be influenced or affected by an applicant’s or employee’s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status. Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship. Tenet participates in the E-Verify program. Follow the link below for additional information. E-Verify: http://www.uscis.gov/e-verify The employment practices of Tenet Healthcare and its companies comply with all applicable laws and regulations

Responsibilities

The Controller assists the CFO in managing daily financial operations, including month-end close, revenue cycle oversight, and budget preparation. They also ensure compliance with GAAP and SOX while providing leadership and training to finance teams.