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Average Salary
Updated: 05/18/2013
Regional Finance Executive:
Directs and coordinates the regional health system or hospital’s fiscal management to achieve its operational and strategic goals and initiatives in compliance with legal and regulatory requirements.
Plans, organizes, and directs all activities related to financial management, including financial planning, budgeting,... [+] More
Regional Finance Executive:
Directs and coordinates the regional health system or hospital’s fiscal management to achieve its operational and strategic goals and initiatives in compliance with legal and regulatory requirements.
Plans, organizes, and directs all activities related to financial management, including financial planning, budgeting, accounting systems, controllership, patient financial services, reimbursement, external financing, and treasury and investment. Advises and educates management on financial matters that impact operations. Organizes and monitors revenue cycle functions of the regional hospital or health system. Directs and prepares financial analyses of operations for guidance of management. Reports and recommends financial policies and programs to top management. Plans and directs new operational procedures to obtain optimum efficiency and reduced costs. Directs receipt, disbursement, and expenditures of money or capital assets. Approves and signs documents effecting monetary transactions. Directs the activities concerned with safekeeping, control, and accounting for assets and securities. Directs preparation of budgets and financial forecasts. Analyzes opportunities for acquisitions, divestitures, joint ventures and other strategic alliances. Directs the preparation of reports which outline the region's financial position in areas of income, expenses, and earnings based on past, present and future operations. This position typically requires a Bachelor’s degree in finance and may require certification as a Certified Public Accountant. (Source: eDOT Job Description) [-] Less
Cost of Living Data
A renter's cost of living for someone making $140,053 in Oakland, Maryland is 96.8% of the US National Average. For more information, or to compare cost of living data between two cities, click here.
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