Director of Finance

Position Purpose:

The Director of Finance is responsible for coordinating and directing the administrative, financial, and programmatic activities of the facility. These responsibilities include the creating and presenting of status updates to operational leadership on goals and objectives, which will cover, but are not limited to, financial, marketing, and human resource performance.

Responsibilities:
Plans, develops, organizes, implements, evaluates, and directs the facility's overall financial operations, including programs and activities, in line with generally accepted accounting principles and current state and federal laws/regulations.

Reports the facility's financial performance to the Administrator and the Board of Directors at least once a month, and more frequently as necessary.

Determines, in collaboration with the Administrator and department heads, the facility's key performance financial metrics. Establishes an ongoing strategy for tracking these essential metrics and analyzes factors to improve the facility's budgetary health.

Maintains a working knowledge of the state long term care Medicaid insurance program, Medicare insurance programs, and private long term care insurance programs.

Ensures pre-admission financial evaluations regarding the identification of a payer source is coordinated with the Admissions Office as part of the pre-admissions process.

Ensures efficient functioning and documentation for all financial systems including receipts, disbursements, billing, bookkeeping, budgeting, and accounting.

Leads and coordinates bi-annual financial meetings to monitor budget compliance with facility department heads. Implements corrective action when necessary. Leads budget development with department heads and administrator bi-annually.

Completes and analyzes facility monthly financial reports. Makes recommendations and financial projection reports to the Administrator and Board regarding facility performance and stated objectives.

Plays a crucial role in maintaining a positive work environment by effectively handling employee conflicts in the absence of the administrator or human resource manager. This position requires a strong understanding of company policies and procedures, as well as excellent communication and problem-solving skills.

Qualifications:

Must have knowledge of accounting, finance, and operational management equivalent to completion of a bachelor's degree and two to five years of relevant experience, preferably in a healthcare finance environment.

Combinations of education and experience that provide the required knowledge, skills and abilities will be considered. Must have the ability to work independently, take initiative, prioritize, and respond to changing priorities, and work well under multiple deadlines.

Excellent written and verbal communication skills with the ability to present and communicate to a variety of audiences.

Must have working knowledge of all accounting principles, relevant banking procedures, cash management, federal taxation, economic trends, fiscal administration, and employee benefit programs.

Must be able to mediate conflict between employees to find mutually beneficial solutions. This includes but is not limited to; investigating employee complaints and concerns, ensuring fair and timely resolutions, providing disciplinary action up to and including termination, navigating workman’s compensation claims as well as unemployment claims.

Understands CMS program initiatives which impact financial health, including Payroll Based Journal (PBJ) reporting, PDPM case-mix index (CMI) models, and value-based buying programs, notably SNF-VBP and SNF-QRP.

Prepare, present, and interpret monthly financial data for operations and programs, as well as explain any variances from the estimated budget.

Engage, support, and collaborate with the community in organizing and attending local events, conferences, and community outreach programs.

Benefits:

Calvert City Nursing & Rehab's commitment to its employees extends beyond the workplace. We recognize the value of a comprehensive benefits package in promoting your well-being, and below is a list of the of the various benefits we provide as part of the position.

401(k) Retirement Program

Health insurance

Dental insurance

Vision insurance

Life insurance

Cancer insurance

Health savings account

Short Term and Long-Term Disability Insurance

Eight Paid Holidays

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required for the position. The duties, responsibilities, and activities may change at any time with or without notice or warning.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Day shift
• Holidays
• Monday to Friday
• Overtime

Work Location: In person