[Hiring] Finance Director @Aristo Sourcing

POSITION TITLE: Finance Director 

REPORTS TO: Founder 

DEPARTMENT: Government 

TIME STATUS: Full-time 

POSITION SUMMARY: 

The Finance Director is a strategic chief answerable for overseeing the monetary operations of a quick rising multi-clinic apply specializing in wound care and wellness companies, together with IV remedy and annual physicals. With a different payor combine of business, Medicare, and cash-pay sufferers, this function is crucial to making sure the monetary well being, compliance, and development of the group. The Finance Director will handle budgeting, monetary reporting, forecasting, billing, income cycle administration and collections throughout a number of places with roughly 50 staff in two states. 

Develop and implement monetary insurance policies, procedures, and controls to make sure accuracy, compliance, and accountability.

• Put together, handle, and oversee the annual price range course of in collaboration with the CEO and division heads.
• Conduct monetary forecasting and develop strategic plans to assist enterprise objectives and growth efforts.
• Oversee end-to-end income cycle administration, making certain accuracy and effectivity in billing, coding, claims submission, and collections processes to maximise income and cut back denials and excellent receivables.

Reporting & Compliance 

• Put together well timed and correct monetary stories, together with stability sheets, revenue statements, and money circulation evaluation. 
• Guarantee compliance with all regulatory necessities and reporting requirements, particularly concerning Medicare billing and reporting. 
• Coordinate with exterior auditors and oversee annual audits, responding to findings and implementing corrective actions as mandatory. 

Income Cycle Administration 

• Oversee billing, coding, and collections processes, making certain accuracy in claims submissions and timeliness of collections.
• Monitor key efficiency indicators (KPIs) for income cycle, resembling days in accounts receivable (A/R) and assortment charges, to determine areas for enchancment.
• Work intently with scientific workers and administrative staff members to streamline and optimize billing workflows, particularly with the various payor combine.

Money Circulate & Monetary Planning 

• Handle money circulation to make sure sufficient liquidity for operational wants and deliberate investments.
• Develop methods for optimizing income, managing bills, and making certain profitability throughout all service strains and places.
• Conduct monetary evaluation to determine developments, potential dangers, and areas for price financial savings.

Strategic Management

• Accomplice with the CEO and government staff to drive monetary technique and assist decision-making for enterprise growth and funding.
• Present management, steerage, and assist to finance and accounting staff members.
• Foster a collaborative setting, working with division heads to assist monetary literacy and price range accountability.

Danger Administration

• Develop and implement a strong danger administration technique, together with insurance coverage and monetary danger assessments. 
• Guarantee inside controls are in place and efficient, particularly concerning billing, payroll, and money administration. 
• Collaborate with authorized and compliance groups to mitigate monetary dangers related to regulatory and operational actions. 

Necessities

Required {Qualifications}

Schooling:

• Bachelor’s diploma in Finance, Accounting, or associated area required; CPA or MBA strongly most well-liked.

Expertise:

• Minimal of 5-7 years of progressive expertise in monetary administration, ideally inside a healthcare or multi-location scientific apply setting.
• Confirmed expertise managing various payor mixes, together with Medicare, business insurance coverage, and money funds.

Expertise:

• Robust understanding of income cycle administration, particularly in a healthcare context.
• Proficiency in monetary software program, billing methods, and Microsoft Workplace Suite.
• Glorious analytical, problem-solving, and decision-making expertise.
• Capability to speak complicated monetary info clearly and successfully to non-financial stakeholders.
• Management qualities with a powerful skill to handle, develop, and encourage a finance staff.

Most well-liked Attributes:

• Information of wound care, IV remedy, and/or wellness service strains.
• Expertise in a multi-state apply setting.
• Familiarity with healthcare compliance and regulatory requirements, particularly regarding Medicare and business billing.