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Finance Director/Controller

Job description

Finance Director/Controller

Our mission is to build brighter futures for children and adults with disabilities by providing comprehensive educational, vocational and therapeutic services.

The Finance Director/Controller leads all financial operations from planning and budgeting, compliance and controls, costs, cash flow and capital analysis and reporting, team leadership and development, working directly with the COO, CIO and department and program leaders. The leader directs the organization’s revenue integrity program and matrix model of systems, processes and people from beginning to end. The program and model include tracking and analysis of each function with defined and quantitative metrics, working with executives to program and department leadership. The organization’s revenue integrity is a framework of systems, people and processes, to support achieving sustainable claim rates, proactive identification and resolution of contract to claim challenges, and overall improved financial analysis to support annual to long-term planning and goals. The director is responsible for contractual direction and management, with established metrics to support strategic planning with public and private payers and sources, as well as internally across the cycle of functions, including, but not limited to admissions, coding & compliance, case management, billing and collections, denials management. The director/controller works across the matrix model to contractual analysis, controls and metrics management, payment and denials analysis to support proactive and prompt resolution with sources.

The Controller leads day-to-day finance, accounting and revenue integrity operations, in a matrix model that includes a team from admissions and pre-services, accountants, clerks and analyst support, revenue integrity manager and medical accounts receivable coordinators and other revenue coordinator. The director with the revenue integrity manager, lead and manage the revenue cycle system and software operations and works directly with the CIO (Chief Impact Officer) and IT department, and regularly engage with payers, public and private, to determine strategic advancements to support effectiveness and efficiencies, with current to emerging technologies. Partner engagement is essential, with compliance and controls, supporting the organization’s cybersecurity plans, policies and procedures. Internal engagement and project management are essential, working across leaders to the revenue integrity functions and metrics, to lead continuous improvement of program advancement, sustainability and building of innovative pathways. Through external and internal engagement, day-to-day operations and processes will continually be reviewed for barriers or areas being impeded, with the use of project management methodology, as agile or others identified.

Essential Job Functions, Duties and Responsibilities: The following list of duties is not intended to be restrictive or all inclusive. The fact that certain duties may not be listed does not limit the assignment of additional and/ or other duties .

  • Direct, and work across leaders, in building finance and accounting organizational strategies and objectives which are in line with organizational strategic plan and objectives. With the CEO, COO and CIO, engages with Board of Directors, in planning, analysis and report presentations and materials.
  • Lead, with CIO, compliance and controls to all applicable licensures, accreditations, rules and regulations, through established plans, processes and procedures, with regular monitoring and reporting, that supports the organization leadership, including the Board of Directors applicable committees.
  • Leads revenue integrity and management cycle with metrics in monthly, quarterly and annual increments, to support the organization and department and program leaders to proactively manage operations within and across programs to identify trends and opportunities in supporting the center of excellence model based upon person-centric care across transition-based services. As a Comprehensive Outpatient Rehabilitation Facility (CORF), and accreditations, expertise with inpatient and outpatient is essential, and analytical background to research and assess data in multiple paths. Reporting also occurs as outlined in policies and procedures, to leadership and Board committees in a timely manner.
  • Leads, analyzes and confirms financial condition by conducting internal audits and providing information to external auditors. Meets finance and accounting objectives by forecasting requirements; preparing annual budget, leading cash management plan across all revenue sources with accounts payable to scheduling expenditures; analyzing variances; initiating corrective actions. Maintains sufficient funds by forecasting cash requirements and obligations, proactively working across all of leadership. Includes confirming financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
  • Protects operations by keeping financial information and plans confidential, leads compliance working across leaders, and with policies and procedures, to ensure all processes in the revenue cycle are following HIPAA and third-party payer regulations.
  • Establishes and monitors standards for controlling the registration flow as well as the integrity and quality of data throughout the revenue cycle. Monitors coding practices among providers to determine potential patterns of under coding or other irregularities. Implements and monitors collection procedures, minimizing contractual and bad debt write offs to maximize cash collections. Provides financial support and analysis to program managers through communication and education. Meets with program managers to review specific coding issues.
  • Performs ongoing trend analysis on third party payer payment levels to ensure that reimbursement is in accordance with allowable amounts stated in agreements and contracts. Works with appropriate individuals to resolve discrepancies, generates trends and opportunities, lead with establishing regular cadence of engagement with public and private payer sources.
  • Leads, monitors and participates in the review and negotiation of third-party payer contracts, with accounting leader and team members, with building and continual improvements in accounts payable plans. Complies with federal, state, and local legal requirements by understanding current and proposed legislation, filing financial reports, and advising management on needed actions.
  • Actively engaged in leadership of the organization and culture engagement, with regularly observing services and engaging with those served, to support understanding of the center of excellence model. Accomplishes departmental human resource objectives by recruiting, selecting, orienting, training, assigning, scheduling, coaching, counseling, and disciplining direct-report staff. Actively participates in staff development and assessments to support industry best practice.
  • Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
  • This position serves onsite and is crucial for ensuring the efficient functions for the Finance Department and organization. Other duties may include special projects as assigned.

JOB QUALIFICATIONS:

EDUCATION:

Bachelor’s degree in accounting, Finance, Health Care Administration, or Business Administration required. Master’s in accounting or MBA preferred.

EXPERIENCE:

Minimum of five years of healthcare accounting and finance leadership, leading a team in revenue cycle management and financial analysis within a healthcare facility as general, community or specialty hospital or surgery center. Demonstrated expertise and experience in rules, regulations, licensures, accreditations, to support contracting, systems and processes within a matrix model of teams and metrics.

KNOWLEDGE/SKILLS/LICENSURE/CERTIFICATION:

  • CPA (Certified Public Accountant) – Required
  • CMA (Certified Management Accountant) - Consideration
  • Knowledge of all regulatory, compliance, licensure and accreditation requirements with contractual requirements with payers and plans. Extensive knowledge of federal and state regulations regarding revenue cycle integrity and technologies to support emerging intelligence.
  • Expertise and demonstrated experience in analytics, to support systemic and operational effectiveness and efficiencies, engagement of team and matrix models across an organization.
  • Expertise and demonstrated experience in communication and culture engagement and experience and skills in fostering effective teams across people, processes and systems. Detail oriented; organized; sets priorities; meets deadlines.
  • Advanced skills in systems and emerging technologies to support finance and accounting from standard operations to across various private and public revenue sources, in medical and healthcare (revenue cycle management) education, government, not for profit grants and fundraising, be a leadership support across the organization’s revenue integrity program.
  • Must have high level of interpersonal skills to handle sensitive and confidential situations. Position continually requires demonstrated poise, tact, and diplomacy.
  • Employee will promote and adhere to the Compliance Plan as defined by Ability KC.
  • Education:
  • Bachelor’s degree in accounting, Finance, Health Care Administration, or Business Administration required. Master’s in accounting or MBA preferred
  • Experience:
  • Minimum of five years of healthcare accounting and finance leadership, leading a team in revenue cycle management and financial analysis within a healthcare facility as general, community or specialty hospital or surgery center.
  • Demonstrated expertise and experience in rules, regulations, licensures, accreditations, to support contracting, systems and processes within a matrix model of teams and metrics.
  • CPA (Certified Public Accountant) – Required
  • CMA (Certified Management Accountant) – Consideration
  • Knowledge of all regulatory, compliance, licensure and accreditation requirements with contractual requirements with payers and plans. Extensive knowledge of federal and state regulations regarding revenue cycle integrity and technologies to support emerging intelligence.
  • Expertise and demonstrated experience in analytics, to support systemic and operational effectiveness and efficiencies, engagement of team and matrix models across an organization.
  • Expertise and demonstrated experience in communication and culture engagement and experience and skills in fostering effective teams across people, processes and systems. Detail oriented; organized; sets priorities; meets deadlines.
  • Advanced skills in systems and emerging technologies to support finance and accounting from standard operations to across various private and public revenue sources, in medical and healthcare (revenue cycle management) education, government, not for profit grants and fundraising, be a leadership support across the organization’s revenue integrity program.
  • Must have high level of interpersonal skills to handle sensitive and confidential situations. Position continually requires demonstrated poise, tact, and diplomacy.
  • Employee will promote and adhere to the Compliance Plan as defined by Ability KC.

The statements above describe the general scope of work for this position and are not intended to be considered an exhaustive list of all responsibilities and skills required.

Who We Are:

Ability KC is built on a strong funding legacy that continues to inspire the work done each day for children and adults with disabilities and their families. Since 1947, Ability KC has been providing highly specialized care to address the needs of individuals with high medical complexities as related to stroke, brain injury, spinal cord injury, amputations, developmental disabilities and a variety of rare and complex disabilities in the Kansas City community.

Our Culture:

We emphasize the well-being of every individual, ensuring there is meaning in what we do each day, with dedication to quality relationships, security in our finances, vibrancy in our physical and mental health and recent pride in contributions to our community. Our culture is built on three pillar principles – make a positive impact every day, embrace legacy and innovation, and together we rise.

We offer a Comprehensive Benefit Package that includes:

  • Paid Leave Benefits
  • Retirement Benefits Eligible to All Employees
  • Health Insurance
  • Life Insurance
  • Long-Term Disability
  • and other Benefits

Ability KC is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis or disability.

Background and post offer drug screenings required.

Join Our Team Today

Job Type: Full-time

Job Type: Full Time