Insight Global | Director of Finance | detroit, mi
3 days ago
Position: Director of Finance
Duration: Direct Hire
Location: Detroit, MI
Compensation: Starting at $75,000
Exact compensation may vary based on several factors, including skills, experience, and education.
Desired Qualifications:
- Certified Public Accountant (CPA) preferred.
- Bachelor’s degree in Finance, Accounting, or a related field; MBA or Master’s in Finance preferred.
- Minimum of 3-5 years of progressive experience in finance or accounting, with at least 1 year in a leadership role.
- Background in nonprofit healthcare finance is highly desirable.
- Strong knowledge of healthcare financial management, including grants, billing, and reimbursement processes.
- Demonstrated ability to develop and implement financial strategies in a growing organization.
Day to Day: The Director of Finance reports directly to the Chief Executive Officer (CEO) and oversees all company financial activities to ensure the WC Healthy Communities stays in strong financial standing, grows, and supports its mission. The Director of Finance manages the following functions:
Key Responsibilities:
- Develop and implement financial strategies to support the growth and sustainability of Wayne County Health Communities.
- Oversee all financial operations, including budgeting, forecasting, financial reporting, and audits.
- Ensure compliance with federal, state, and local regulations, as well as FQHC requirements.
- Prepare accurate and timely financial statements and reports for the Board of Directors, executive team, and external stakeholders.
- Partner with state and federal government to receive and manage wrap payments, MCO relationships, and payer contracting
- Lead the financial planning and analysis efforts to support strategic decision-making.
- Manage relationships with banks, auditors, and other financial partners.
- Establish and maintain internal controls to safeguard the organization's assets.
- Provide financial leadership and guidance to support program development and expansion.
- Collaborate with other departments to optimize financial performance and resource allocation.
- Train and develop finance staff to build a high-performing finance department.
- Oversee the financial systems at WCHC including, but not limited to payroll, general ledger accounts payable, billing and collections, and purchasing.
- Monitor grant activity including expenditures and draw downs.
- Collaborate with the CEO to develop fiscal policies, functions and organizational structure to enhance organizational effectiveness in a highly regulated environment.
- Create and deliver unbiased budget expectations for different departments, and grants, and assist in financial forecasting.
- Review and analyze collection activities, fee schedules, and reimbursement.
- Additional tasks as assigned.
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