Overview

The Finance Officer for Central Highlands Healthcare handles the practice’s financial operations, including payroll, accounts and reporting. They also manage some operational areas of the business e.g. developing policies pertaining to finance, procuring goods and services, maintaining assets and assisting to ensure compliance with regulations.

Core Responsibilities

Payroll Management

• Coordinating payroll services, including superannuation payments, meeting Australian Taxation Office obligations and managing staff leave entitlements.

• Managing staff absences and leave (all types).

Financial Reporting

• Maintaining accurate financial data and records and generating scheduled and requested financial reports for review by the Operations Manager.

Accounts Payable and Receivable

• Managing accounts receivable and payable including debt prevention activities.

• Undertaking the process of debt recovery.

Budgeting and Forecasting

• Monitoring budgets and assisting with the development of budget forecasts to ensure accurate reporting of organisation’s financial status.

Cash Flow Management

• Ensuring billing practices are maximised through efficient process and processing for both the clinical and commercial arms of the business.

• Managing cash flow to ensure the practice has sufficient funds to operate.

• Undertaking procurement process with the assistance of the operations Manager.

Operational Responsibilities

Policy Development

• Develops and maintains a suite of relevant finance management policies.

Asset Management

• Develop and maintain an asset register.

• Optimise the use of resources including, space, equipment consumables and supplies.

• Procuring services for cleaning services, repairs and maintenance and managing any ongoing contract as required.

Key Skills

Essential:

• Financial Accounting – strong understanding of accounting principles and practices.

• Budget and Forecasting – ability to develop and maintain tools to assist in accurate budget and forecasting.

• Cash Flow Management – Expertise in cash flow management. Sound knowledge of the Medicare Benefits Scheme.

• Compliance – knowledge of the relevant financial regulations associated with a rural General Practice.

• Communication – strong communication and problem-solving skills.

• Ability to lead and manage a team; identify and resolve financial and operational issues.

Desirable:

• Familiarity with General Practice software used for accounting, payroll, other corporate and clinical functions.