Medical Business/Finance Managers are responsible for the daily financial operations of a healthcare facility. Job duties include directing investment activities, planning cash management strategies and implementing goals. Medical Business/Finance Managers perform financial duties such as contract reviews, financial reporting and analysis, budgeting, and compensation evaluation. They oversee financial reporting and provide financial guidance to the healthcare departments.
Medical Business/Finance Managers form objectives for each accounting cycle that abide by established policies and strategic plans. They 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. Depending on the size of the employer, they may supervise accounting staff and be responsible for hiring and training finance assistants.