Director of Corporate Finance (Revenue & Reporting) – Ontario, CA
Salary: $175,000.00 - $190,000.00 + Bonus
Responsibilities:
- General oversight of Revenue and Reporting team.
- Working with Revenue Cycle, Business Office, and Local Hospital Teams in analyzing and monitoring the valuation of patient accounts receivables and credit balances for all hospitals and physician groups.
- Coordination and collaboration with Managed Care team to price claim sets based on contracts and model financial impact of contract proposals/changes.
- Development, enhancement, and continuous standardization of the AR valuation models and process, assuring proper controls are in place to accurately estimate AR.
- Develop training materials on AR estimates for local CFOs and Controllers.
- Review net patient revenue estimates on a monthly basis across all hospitals, in conjunction with patient AR.
- Oversight with regards to the patient revenue portion of the annual financial audit.
- Communicate opportunities for improvement in internal collection efforts.
- Review and prepare executive presentations to summarize results of findings from the team.
- Review with the preparation of the consolidated financial statements and related footnote disclosures, with respect to patient revenue related items.
- Identify process improvements to enhance financial reporting.
- Provide quantitative and analytical support to the Corporate Finance team, with respect to patient revenue related items.
- Develop and coach revenue and reporting team.
- Other related duties and ad hoc projects, as needed.
EDUCATION, EXPERIENCE, TRAINING
Required qualifications:
- Bachelor’s degree or equivalent experience in Business Administration with emphasis on accounting.
- Ten or more (10+) years of combined revenue cycle analytical experience with hospital systems or in a public accounting setting auditing hospital system.
- Excellent communication skills and an attitude to challenge the status quo.
- Strong analytical skills and ability to prepare financial statements and models.
- Advanced proficiency in Windows Office software and ERP systems (i.e., Lawson, Meditech)
- Superb Excel and basic SQL skills (v-lookups, sumif, sumproduct, indirect, etc.), PowerBI a plus
- Some travel required to local hospital sites.
- Certified Public Accountant
Preferred qualifications:
- Public accounting (audit) experience, 10Q/K reporting experience, and strong knowledge of GAAP –Highly Preferred
Reports to: Vice President Operations
Supervision: Revenue & Reporting Team