Job Duties FM
Healthcare finance manager responsible for:
• day-to-day financial operation of a hospital, and the
• day-to-day financial operation of managed care organization
Duties include:
• contract reviews,
• financial reporting and analysis,
• stock control and management;
• Engagement with Medical Aid Funders and Hospital Group
• Knowledge and implementation of Fixed Fee and Fee For Service billing arrangements;
• oversight of Pharmacy operations;
• Budgeting;
• Debtors and Creditors Management
• compensation evaluation.
• Directing investment activities,
• planning cash management strategies
• They also develop long- and short-term objectives to carry the organization through each accounting cycle in alignment with established policies and strategic plans.
• ensure the clear communication and review of financial reports, as well as compliance with tax and legal regulations as they relate to finance and accounting
• Supervise accounting and admin staff
• Responsible for hiring and training finance/admin assistants.
• Monitor and review performance of Doctors (e.g. number of cases, value of revenue per Doctor, theatre cases and case mix) and report (or escalate) to Hospital Manager for further engagement with Doctors
• Performance management process implementation
• Skills development