Primary Accountability

The Director of Finance is responsible for providing direct management and direction to the finance, accounting, and billing departments and ensuring the strategic alignment of those functions with the organization.

Description of Primary Responsibilities

Provides overall management and direction to departmental/divisionstaff.

Responsible for performance management of departmental employees, including all managers, supervisors, and employees in the department, including recognition, performance evaluations, formal coaching and counseling, and making decisions or recommendations regarding necessary disciplinary actions.

Responsible for recommending hiring or firing, and the advancement and promotion of managers, supervisors, and employees in the department, or any other change status of manager, supervisors, and employees in the department employees.

Demonstrates core leadership behaviors and team one approach.

Demonstrates a high level of emotional intelligence.

Creates a culture of accountability and excellence.

Drives execution and innovation.

Ensures division alignment with organizational culture and strategic vision.

Ensures development of and successful execution of an action plan across assigned employee base to support the strategic direction of the organization and obtainment of operational goals for assigned departments/division, effectively leading change when necessary.

Empowers staff through effective communication and talent development.

Ensures team members of all assigned areas of responsibility are fully functional and performing at a world class level.

Ensures development of department/division managers and supervisors receive instruction/training that is in compliance with training plan, including on the job training to develop department employees. Works with manager and/or supervisor to ensure necessary remediation is taken with department/division employees assigned.

Assists with the development of assigned departmental/division budget(s) and monitors budget to ensure expenses do not exceed budget.

Ensures regulatory compliance for assigned departments/divisions, and compliance with all workflows, policies, and procedures.

Recommends workflow, policy, and procedure changes based on observations from performance metrics, outcomes, and feedback from assigned leadership team members.

Ensures department maintains compliance with all employee-related reporting and tracking.

Responsible for managing the financial analysis and forecasting function.

Ensures the preparation of feasibility studies, estimations of project costs, operational and cash flow forecasts related to ongoing operations and potential projects.

Monitors debt covenants and key financial ratios, including debt service coverage.

Monitors cash positions and forecasts near-term cash needs and funding.

Manages the creation of any ad hoc financial analysis or reports needed.

Responsible for the revenue cycle management function.

Monitors timeliness and effectiveness of department activities, ensuring that outstanding patient accounts and account receivables are in line with financial goals.

Monitors effectiveness of accounts receivable collection efforts for Medi-Cal, Medicare, commercial insurances, and private pay accounts.

Monitors the coding function to ensure accurate revenue is recorded based on visit documentation.

Develops and implements performance measures and productivity standards for the individuals within the billing and coding departments.

Ensures compliance with all state and federal billing regulations.

Responsible for the treasury management function.

Monitors debt covenants and key financial ratios, including debt service coverage.

Monitors cash positions and forecasts near-term cash needs and funding.

Recommends investment strategies within the purview of the FHCN Cash Management policy.

Responsible for the Medi-Cal PPS rate setting process for FHCN clinics

Coordinates filings, informal and formal appeals, and research for change-in-scope and new PPS rates.

Advises on rate setting strategies including three comparable, cost-based, and intermittent status clinics.

Responsible for implementing internal financial QI/QA programs.

Uses results to refine financial processes.

Implements internal and external reporting mechanisms.

Updates the department work plan, and ensures resources are in place to accommodate current needs.

Ensures the coordination of projects for new or improved internal reporting systems.

Performs other duties as assigned

Family HealthCare Network

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Director of Finance