posted May 08

Financial Operations Director

expert

Job Location: California

Job Description

• Oversee billing, revenue recognition, and accounts receivable processes to optimize cash flow and reduce bad debt. • Develop and manage the annual budget for the organization, working closely with senior management and department heads. • Monitor and update the budget as needed, and provide regular reports on financial performance against the budget • Prepare and present regular financial reports to the management team • Provide financial analysis, including variance analysis, to support decision-making. • Oversee and manage the payroll processing team, which includes collecting, verifying, and processing timekeeping information, deductions, and other payroll-related data. • Oversee cash flow management, including monitoring cash reserves, investment of excess funds, and ensuring that funds are available to meet operational and strategic needs. • Conduct financial analysis to identify trends, opportunities, and risks. • Provide recommendations to improve financial performance and cost efficiency. • Ensure compliance with all financial regulations and reporting requirements related to healthcare, Medicare, Medicaid, and private insurance. • Develop and implement financial strategies to support the organization's growth and sustainability goals. • Evaluate potential financial risks and provide strategies to mitigate them. • Coordinate and oversee external audits, including preparation of financial statements and tax returns. • Work with auditors and tax professionals to ensure compliance. • Negotiate and manage contracts with vendors and service providers to optimize costs and quality of services. • Collaborate with senior management to align financial objectives with the organization's strategic plan. • Ensure that all employees are paid accurately and on time, taking into account various pay structures, such as Pay Per Visit, salaried, and Bonus-based compensation.

Qualifications

• Experience developing financial infrastructure in a rapidly growing organization, preferably in healthcare or Home Health • Knowledge of healthcare reimbursement, Medicare/Medicaid regulations, and healthcare finance is a plus. • Strong analytical, problem-solving, and communication skills. • Proficiency in financial software and tools. • Leadership and team management skills. • Compliance and regulatory knowledge • Bachelor's degree in finance, accounting, or a related field (Master's degree or CPA preferred). • Self- directed, Critical Thinker, Outstanding interpersonal skills, Organized • Must stay current with annual compliance training and certifications

Benefits

• Opportunity for advancement • Rapidly growing organization • Low turnover/High morale • Outstanding benefits for you and your family including 401k with matching. • Generous PTO, Medical, Dental, Life Insurance, Flexible Spending Accounts, Pet Insurance and more

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21st Century Home Health Services

California

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