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Director Financial Services

2 months ago

Geneva, United States Lifespace Full time

**Community**:
GreenFields of Geneva
**Address**:
0N801 Friendship Way Geneva, Illinois 60134
**Pay Range**

$92,000. 00-$126,425. 00+ Annual
**Live your purpose. Grow your career. Thrive through teamwork. Create meaningful, personalized experiences.**

At Lifespace, team members are at the center of delivering a purpose driven experience for our residents We provide an environment where each team member can live their aspirations, developing in their career, making a difference, and being a part of a meaningful mission. Join our outstanding team as our new **Director Financial Services** today

**A few details about the role**:

- Act as the liaison between the support center accounts payable department and the community; train and assist team members on the software, complete new vendor request forms when needed.
- Communicates finalized budget numbers to department heads and educates regarding meaning.
- Monitors budget expenses throughout the year.
- Coordinates financial approval for incoming Entrance Fee residents.
- Manages Entrance Fee residents' closings by attending closing, depositing check, and submitting paperwork to support center.
- Tracks and requests Entrance Fee refunds for departing residents.
- Responsible for coordinating hardship requests for applicable residents between the community and support center for approval.
- Responsible for oversight of the revenue cycle at the community; understands the residents' agreements to ensure charges are accurately invoiced each month, statements are provided to the residents timely, payment is collected timely, and cash is appropriately posted.
- Ensures billing checks and balances are followed, including but not limited to the balancing of the daily census, monthly billing, etc.
- Ensures pre-collection of any applicable payments for incoming residents are followed through.
- Proactively manages DSO rates and follows collection procedures to obtain payments and reduce DSO.

**And here's what you need to apply**:

- Bachelor's degree in accounting, management, business, or related field; or equivalent combination of education, training, and experience
- Minimum of three years of CCRC experience
- At least 2 years of accounting experience that includes Medicare processing and rules and regulations.
- Extensive knowledge of the financial implications and the state insurance rules and regulations governing Entry Fee communities and similar arrangements.

**Lifespace has enjoyed over 40 years of success, and this is just the beginning. With new opportunities, continued growth, and the support from your Lifespace family get ready to ignite your life and experience Living Lifespace.**

**COMPANY OVERVIEW**:
Lifespace Communities headquartered in West Des Moines, Iowa and Dallas, Texas, is one of the nation's largest Senior Living providers of non-profit retirement communities. Lifespace employs over 4,100 team members and servers over 5,400 residents. The organization is committed to creating communities where people are empowered to live their aspirations.

Equal Opportunity Employer

If you are excited to learn and grow, be excellent, thrive with your team and deliver personalized experiences you'll enjoy your career with us