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Director of Finance

4 months ago

Boston, United States Activate Care Full time
Job DescriptionJob Description

** Candidates for the Director of Finance role, should reside within MA, RI or NH and would need to be able to go on site or in office several times a month **

About Activate Care:

At Activate Care, we’re on a mission to improve health equity and drive improved health outcomes across the country. Our Community Care Record platform enables healthcare and community organizations to coordinate care for populations challenged with health-related social needs. Path Assist is our tech-enabled community health worker program for HRSN utilizing an evidence-based, structured intervention. Our goal is simple: increase health confidence, improve self-efficacy, and reduce inappropriate healthcare spend.

About the Role:

The Director of Finance will be responsible for the company’s long-term financial planning, health, and growth. Due to the natural scaling of the organization, this position has been newly created and will report to the Chief Executive Officer. This would be a great fit for someone who has extensive experience in the healthcare finance industry and is comfortable with working as a primary contact within a newly forming department.

The Head of Finance will be reviewing and analyzing financial data to strategically partner throughout the company, to discuss the data's impact on the organization, and use this to help forecast, budget, and weigh in on decision-making. They will standardize and develop SOPs within the finance and accounting departments. This position will have one direct report, over time, the Vice President of Finance will add to the team as the company continues to grow.

Responsibilities:

  • Prepare outlines and simplify complex models into terms that others understand
  • Monitor the performance of the company, by creating reports using various business software
  • Analyze trends to reduce financial risks associated with making investment or spending decisions
  • Have a strong understanding of US GAAP
  • Create usable budgets for the business, including evaluating the needs of each department in the long term
  • Advise, and offer guidance to Senior Executives regarding spending and budgeting questions
  • Oversee finance and accounting, including both strategic elements (i.e. board reporting) and operational elements (i.e. AR/AP and payroll)
  • Own the financial accounting process, including but not limited to the preparation of the financial statements
  • Research and review the company’s financial and non-financial information & statistics to make forecasts and projections that help build more comprehensive and sustainable budgets
  • Develop strategies to assess, manage, and minimize any potential financial risks.
  • Craft policies and procedures to ensure that financial records are prepared in accordance with US GAAP and develop internal controls to ensure data integrity
  • Oversee the financial operations within each department to ensure they’re spending within the budget and following the financial policies laid out
  • Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
  • Ensure compliance with financial laws and guidelines
  • Oversee local, federal, and state taxes, company registrations, and unemployment accounts
  • Other miscellaneous duties as assigned

Requirements

Qualifications & Skills:

  • Excellent mathematical and analytical skills
  • Ability to build and lead departments and individuals
  • Exceptional verbal and written communication skills to develop reports and present them to others
  • Knowledge of financial analysis and financial software tools
  • Strong creative skills to develop new and innovative solutions
  • Ability to create and deliver unbiased budget expectations for different departments
  • Ability to read contracts and understand the implications of the contracts on both a cash basis and an accrual basis.
  • Special understanding of US GAAP, particularly ASC 606
  • Master of Business Administration, Master's Degree in Finance, Master’s of Accounting, or a bachelor’s degree with extensive training and a proven track record of success in finance or business required
  • A minimum of 10 years experience in FP&A, Accounting and/or General Finance.
  • Financial certifications, such as Financial Risk Manager, Certified Public Accountant, or Chartered Financial Analyst highly preferred
  • Prior experience with health insurance/payers of healthcare is highly desired
  • Experience working with healthcare at risk contract
  • Certified Public Accountant (CPA) or Chartered Financial Analysts (CFA) desired but not required

Diversity & Inclusion:

At Activate Care, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, military, and veteran status, and any other characteristic protected by applicable law. Activate Care believes that diversity and inclusion among our teammates is critical to our success as a company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

The Company will not sponsor applicants for work visas at this time.