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Toledo, United States The Ladders Full time
Director of Finance

Full-Time/Salaried

Team Recovery Ohio, LLC, the fastest growing organization providing treatment for substance use and mental health disorders in Northwest Ohio, is seeking a highly experienced and qualified Director of Finance with a deep understanding of billing and revenue cycle management in the healthcare industry This is an exceptional opportunity for a skilled Director of Finance who excels in managing the financial health of health care companies. Join our dynamic team and contribute to our mission of providing high-quality health care services while ensuring financial stability and growth.
Position Summary

The ideal candidate will possess a strong background in overall finance, budgeting, software, banking relationships, P&L analysis, purchasing protocols, and proficiency in QuickBooks and Microsoft Excel. As the Director of Finance, you will play a critical role in managing the financial health of our organization, ensuring optimal revenue generation, and providing strategic financial guidance.

Job Functions/Duties:

The essential functions include, but are not limited to the following:

Financial Management:
  • Manage all aspects of financial operations, including budgeting, forecasting, and financial reporting.
  • Develop and implement financial strategies to maximize revenue generation and minimize costs and safeguard company assets.
  • Advise financial analysis and insights for decision-making to support organizational growth and profitability.
  • Ensure compliance with relevant financial regulations and industry standards.
  • Manage relationships with external auditors, tax advisors, and other financial service providers.
Financial Reporting and Analysis:
  • Prepare accurate and timely financial statements, reports, and forecasts.
  • Conduct financial analysis, including variance analysis and trend identification, to drive strategic decision-making and operational improvements.
  • Present financial data and insights to executive leadership, providing recommendations and action plans to improve financial performance.
Healthcare Billing and Revenue Cycle Management:
  • Possess a strong understanding of healthcare billing practices and revenue cycle management.
  • Utilize industry knowledge to optimize billing processes and maximize revenue generation.
  • Monitor and assess the effectiveness of billing systems and workflows, recommending enhancements when necessary.
  • Ensure compliance with relevant billing regulations, including HIPAA and CMS guidelines.
  • Collaborate with billing teams to resolve complex billing issues and minimize denials
Vendor Management:
  • Maintain relationships with banking institutions, monitoring cash flow and optimizing financial partnerships.
  • Maintain relationships with vendors, negotiating favorable terms and managing contracts.
  • Identify and improve controls and protocols for purchasing and procurement processes, ensuring cost-effectiveness and efficiency.
  • Contract management and compliance, ensuring adherence to purchasing protocols.
Systems and Software:
  • Possess expertise in financial software systems, including QuickBooks and Microsoft Excel.
  • Utilize and optimize financial software to streamline processes and enhance reporting capabilities.
  • Stay updated on technological advancements in financial systems and recommend improvements as necessary.
  • Collaborate with the IT department to ensure financial software integration and alignment.
Team Leadership and Collaboration:
  • Analyze financial data to identify trends, risks, and opportunities for improvement.
  • Implement financial policies, procedures, and strategies to optimize financial performance.
  • Provide budgeting and forecasting processes, ensuring accurate and timely financial reporting.
  • Collaborate effectively with other departments, fostering strong working relationships and promoting cross-functional teamwork. Provide guidance and mentorship to ensure high performance and continuous professional development.
  • Provide strategic financial guidance to the executive team and drive financial decision-making.
  • Act as a trusted advisor to the CFO and senior leadership, offering financial expertise and insights to support strategic initiatives.
Skills and Knowledge:
  • In-depth understanding of financial management principles, including budgeting, forecasting, and financial analysis.
  • Exceptional analytical and problem-solving abilities, with a keen attention to detail.
  • Experience in leading and developing finance teams, with strong leadership and interpersonal skills.
  • Strong communication skills, both verbal and written, with the ability to present complex financial information to diverse audiences.
  • High level of integrity and ethics, emphasizing compliance with relevant financial regulations.
  • Proven expertise in billing and revenue cycle management within health care organizations.
  • Excellent knowledge of banking relationships, P&L analysis, purchasing protocols, financial matters.
  • Strong proficiency in financial software, payroll systems, Microsoft Excel, QuickBooks, and other relevant tools.
Requirements:
  • Valid Driver's License and insurance with clean driving record (required).
  • Ability to pass a pre-employment background check and drug screen (required).
  • Significant experience (at least 5 years) in senior-level finance roles, preferably in the healthcare industry.
Education:
  • High School Diploma or equivalent (required).
  • Bachelor's degree or higher in Accounting, Finance, or a related field (required).
Benefits:
  • Health Insurance (3 plans available, including an HSA)
  • Dental Insurance
  • Vision Insurance
  • Ancillary Benefits (Hospital Indemnity, Accident Benefit Insurance, Critical Illness Insurance)
  • Employee Assistance Program (EAP)
  • Short-Term and Long-Term Disability Insurance
  • Basic (Employer Paid) and Supplemental Life Insurance
  • 401k plan with Employer Match
  • 5 weeks of Paid Time Off
  • 90 Day and Annual Performance Reviews which will assess your professional growth potential and possible advancement opportunities.
  • Use of Fitness Center and Sauna
Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers, handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.

Note

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an "at will" relationship.

**Ability to pass a pre-employment background check and drug screen (required).