Director of Finance - Preferred Care

Job Title: Director of Finance - Nursing Home Group

Reports To: Ownership

Job Overview: Nursing Home Group is seeking a Director of Finance. You will be responsible for overseeing all financial aspects of our operations. You will play a crucial role in financial planning, analysis, and reporting to ensure the financial health and sustainability of our facilities.

Key Responsibilities:

1. Financial Planning and Strategy:

   • Develop and execute financial strategies that align with the group’s mission and goals.
   • Prepare annual budgets and financial forecasts for individual facilities and the group as a whole.

2. Financial Management:

   • Manage day-to-day financial operations, including accounts payable/receivable, purchasing, payroll, and billing.
   • Monitor cash flow, investments, and financial performance against budget.

3. Financial Reporting and Analysis:

   • Prepare monthly, quarterly, and annual financial reports for senior management and stakeholders.
   • Conduct variance analysis and provide insights to support decision-making.

4. Compliance and Risk Management:

   • Ensure compliance with all regulatory requirements and financial standards in the healthcare industry.
   • Identify and mitigate financial risks through effective internal controls and procedures.

5. Team Leadership and Collaboration:

   • Lead and mentor the finance team, providing guidance and support in financial matters.
   • Collaborate with facility administrators and department heads to optimize financial performance and efficiency.

6. Strategic Planning and Support:

   • Participate in strategic planning initiatives and provide financial expertise to support growth and expansion efforts.
   • Evaluate capital expenditures and investment opportunities to enhance operational effectiveness.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or related field (Master's degree preferred).
• CPA or CFA certification preferred.
• Minimum of 4 years of experience in financial management, preferably in healthcare or senior living industries.
• Strong understanding of healthcare reimbursement systems, Medicaid/Medicare billing, and regulatory compliance.
• Proven leadership skills with the ability to motivate and develop a high-performing team.
• Excellent analytical and problem-solving abilities.
• Proficiency in financial management software and advanced Excel skills.

Additional Requirements:

• Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
• Ability to work independently and handle multiple priorities in a fast-paced environment.
• Commitment to high ethical standards and integrity in financial management.

Benefits:

• PTO package, health/dental/vision insurance, and a 401k plan.