Director of Finance - #1398933

Springstone


Date: 2 weeks ago
City: Lafayette, IN
Contract type: Full time
Sycamore Springs is a 48-bed behavioral hospital located in Lafayette IN. The hospital offers inpatient and outpatient mental health and addiction treatment to adults, adolescents and their families. At Sycamore Springs we are dedicated to Changing People’s Lives

Members of our team Enjoy

  • Working with a highly engaged staff
  • Healthy staffing levels
  • Flexible scheduling
  • Career growth
  • Competitive compensation
  • UKG Wallet - We’ve partnered with UKG Wallet, a voluntary Earned Wage Access benefit, to offer employees access to their pay on their own schedule.
  • Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital’s cash flow (including management of denials).
  • Ensures that company policies and procedures are effective and implemented to assure minimal risk to the facility.
  • Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required.
  • Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures that monthly financial statements and regular productivity reports are completed and distributed on a timely basis.
  • Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days).
  • Contribute to and monitor performance goals and objectives (EBITDAR target). Analyzes variances and with CEO, develops action plans to achieve assigned targets.
  • Ensures all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion.
  • Typically supervises the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital.
  • Ensures that month-end financial closing process is completed accurately and timely; prepares financial statements and monthly operating review reports to co-present with the hospital CEO to corporate management.
  • Responsible for preparation of annual operating and capital budgets for the hospital.
  • Assists the corporate finance and accounting team in the annual independent audit preparation and process.
  • Responsible for daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled and or requested.


Requirements

  • Bachelor’s degree in finance or accounting or related field required. CPA preferred.


Experience

  • Previous experience in healthcare overall financial operations/controls required.
  • Experience in payroll also required.
  • Knowledge of inpatient psychiatric and chemical dependency hospital finance preferred.
  • Proficient in use of Microsoft Office professional applications and previous use of computer workstation.

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