Details
Posted: 19-Jul-22
Location: Ann Arbor, Michigan
Type: Full Time
Required Education: 4 Year Degree
Categories:
Not-For-Profit
Preferred Education:
4 Year Degree
Additional Information:
Telecommuting is allowed.
Job Summary:
Working with executives, other leaders and staff, the AVP, Finance is responsible for high level strategy development, leadership and broad oversight of financial departments including accounting, accounts payable, accounts receivable/reimbursement, payroll, and data services (as it relates to Development). Ensures corporate compliance with and keeps up to date on regulatory, accounting and tax authority and third-party payer changes. Ensures that all financial records are maintained with integrity and that a comprehensive set of internal controls designed to mitigate risk are operating as intended. Participates in special projects as assigned. Develops and maintains strong working relationships with departmental leaders across the organization.
As a member of the executive team, the AVP, Finance is responsible for promoting a culture of excellence in designated areas of responsibility; ensuring desired outcomes are met related to those assigned areas of responsibility as well as fostering employee performance and engagement.
Essential Functions:
- Ensures corporate compliance with and keeps up to date on regulatory, accounting and tax authority and third-party payer changes.
- Ensures that all financial records are maintained with integrity and that a comprehensive set of internal controls designed to mitigate risk are operating as intended.
- Provides a high-level review of key financial reports and data including the annual budget, financial forecasts, financial analysis, financial statements, cost reports, and tax returns including quarterly board reporting.
- Works with finance leaders to oversee financial condition by interpreting and reviewing key financial data.
- Regularly informs the CFO of all material items regarding the financial position/function of the organization.
- Proactively keeps abreast of hospice and palliative care trends, best practices and compliance requirements. Takes appropriate action to ensure a culture of excellence is maintained.
- Acts as a mentor/resource to other leaders and staff within NorthStar Care Community.
- Models and promotes knowledge of palliative care and hospice philosophies and articulates and promotes NorthStar Care Community’s vision, mission, and values locally, statewide and nationally.
- Monitors the functions and outcomes of financial departments including accounting, accounts receivable/reimbursement, payroll, accounts payable and data services.
- Assures that management and staff adhere to regulatory compliance rules, internal and external customer-friendly behaviors, and achieving effective results in all assigned departments/functions.
- Works with governance, the CFO, as well as the Executive Team to develop and implement strategic and operational plans that strengthen NorthStar Care Community’s core mission – providing clinical services to patients, families, and communities.
- Directs and manages projects which may be assigned by the CFO from time to time.
- Participates in meetings of the Board of Trustees as well as assigned Board Committees including Finance and Audit, and both Investment Sub-Committees. Prepares special reports for the Board and Committees as needed.
- Works collaboratively with the members of the Executive Team to assure effective operational coordination within and across departments.
- Assures that the behaviors of teamwork and internal customer service are carried out within and across departments.
- Assists the CFO in providing leadership direction in all fiduciary matters of the organization.
- Assures process efficiency and effectiveness of assigned departments/functions.
- Oversees the patient accounting and collection functions, including patient and third-party billing, agency participation in third-party contracts and collection of accounts.
- Oversees the preparation and analyses of the financial implications of proposed programs, projects and services being considered for implementation.
- Represents NorthStar Care Community externally with adherence to the Mission Outreach principles.
- Works closely with Marketing and NorthStar Solutions Group on new business development and the strengthening of current business relationships as needed.
- Assists the CFO in external representation for the organization on a state and national level when appropriate.
- Upholds NorthStar Care Community policies and procedures and all regulatory and legal requirements, the organizational Code of Conduct and represents NorthStar Care Community in a positive and professional manner.
- Upholds the NorthStar standards to care for every person, every time, 100% of the time.
Requirements:
- Must possess a minimum of a bachelor’s degree in Accounting, Business Administration or a related field. Master’s degree and/or CPA license preferred.
- Five (5) years or more of leadership (director level or above) experience within health care or similar organizational environment(s) and an additional five (5) or more years of progressive financial management experience. A minimum of five (5) to seven (7) years of hospice experience and knowledge of clinical operations in hospice is preferred.
- Must have experience in all aspects of financial management, reporting, accounting, cost reporting, auditing, budgeting, and forecasting including solid experience managing accounts receivable. Must possess significant financial acumen. Expertise in regulatory requirements and compliance as it pertains to hospice is preferred.
- Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and leadership of people and resources required.