Business Office Manager
1 week ago
LongTerm Healthcare Facility -
Position Purpose:
Lead
s
,
guides
and directs the
financial
operation
s
of
the healthcare
facility
in accordance with
generally accepted
accounting principles;
local,
state
and federal
regulations, standards and
established fa
cility policies
and procedures
to achieve facility financial goals.
Required Qualifications
Bachelors degree in
Accounting
, Business Administration or related field
preferred.
Must have at least
three (3) years of experience in
a
billing or
supervisor
y capacity in the business office of
a hospital, nursing home, or oth
er related health care facility.
K
nowledgeable of
skilled nursing home regulations, procedures,
laws,
regulations
and guidelin
es
pertaining to
long-term care.
Major Duties and Responsibilities
Plan
s
, develop
s
, organize
s
, implement
s
,
evaluate
s
and directs
the overall
financial
operation o
f the
facility
as well as its programs and activities,
in accordance with
generally accepted
accounting principles and current state and federal laws/
regulations.
R
eports
the facilitys financial performance
at least monthly, and more
frequently
as needed,
to the Administrator and the Board of Managers, Directors, and/or governing body as directed.
Identifies
, in conjunction with the
Administrator
and selected department heads, the facilitys key performance
financial
indicators
.
Establishes an ongoing system
to
monitor
these key indicators
.
These key performance indicators promote
the fiscal health of the facility
.
Evaluates key
performance indicator outcomes with department heads to
determine
the need for action from leadership and/or management such as re-education or revisions related to
the
facilitys
financial
outcomes
.
Develops and implement
s
processes and systems in
t
he Business Office
to manage
billing,
collections
(A/R)
,
accounts payable (
A/P
)
, patient trust,
liability notices,
general ledger functions,
business/payroll taxes,
purchase orders,
cash flow
and all necessary
business
transactions
using
generally accepted
accounting principles.
Ensures the Business Office procedures
comply with
regulatory requirements related to bed-hold notice requirements.
Develops and implements payroll accounting processes, including special accounting functions required by any employee benefit or retirement plans, insurance accounting required by the federal Family and Medical Leave Act, etc.
Produces monthly facility income statement
.
Prepares financial records and cost reports for submission to authorized government agencies as required by current regulations.
Utilizes and is proficient in various excel, word, adobe, and other electronic
reporting
formats
.
Maintains schedules for capital expenses and fixed asset depreciation.
Reviews and interprets monthly financial statements and
provides
relevant information to the Administrator and Board of Directors, Managers, or governing body.
Makes written and oral reports/recommendations routinely and as
requested
.
Ensures monthly billing is completed
timely
using facility A/R software
.
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