Bay Medical Management, LLC Looking for Director of Finance at Walnut Creek, CA Full Time

Description:

Bay Medical Management, LLC (BMMLLC) is a medical services organization (MSO) headquartered in Walnut Creek. The organization provides administrative and management services to Bay Imaging Consultants Medical Group (BIC) the premier radiology group in Northern California.

Summary

The Director of Finance plans, directs and is responsible for the development, interpretation, coordination and administration of the Corporation’s and related entities’ policies relative to finance, accounting, taxes, insurance, financial planning, and internal controls. Regularly interacts with physicians, internal management, joint venture partners, outside vendors, human resources, and employees to ensure processes occur smoothly. This contributes to the financial integrity of the Corporation by providing financial data to make operational decisions necessary to ensure long-term success.

Requirements:

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Develops, interprets, administers, and monitors compliance with financial and accounting policies and procedures for the Corporation and related entities.
• Provides meaningful financial reports and analyses which effectively portray the Corporation’s and related entities financial position and operating performance for management, Board of Directors, and Shareholders.
• Directs, through the Controller, the establishment of accounting records and procedures which are necessary to assure that adequate records are maintained relating to all assets, liabilities and transactions of the Corporation and related entities and that suitable systems are followed in the compilation of revenues and expenses.
• Determines the Corporation’s and related entities tax responsibilities for federal, state, and local tax laws. Coordinates corporate tax planning.
• Monitors accounts receivable/payable activities (internal and external) to ensure that operations remain within established parameters and in conformance with budget.
• Directs, through the Senior Finance Manager, the establishment of annual budgets for the Corporation and related entities, the analysis of financial records to forecast future financial position and budget requirements.
• Evaluates need for procurement of funds and investment of surplus funds and develops programs for raising funds, including establishment of banking relationships and lines of credit, required to finance the Corporation’s and related entities operations and projects. Supports members of management in determining the financial viability of proposed projects, capital expenditures, or new operations.
• Approves space leases, equipment leases, maintenance agreements and contracts.
• Provides financial oversight for non-related entities having management service contracts with Corporation.
• Evaluates insurance coverage for protection against property losses and potential liabilities; ensures adequate coverage is in place for Corporation and related entities.
• Monitors employee benefit plans including 401(k), profit sharing, and cash balance plans.

SUPERVISORY RESPOSIBILITIES

Directly supervises Controller and Senior Finance Manager. Is responsible for the overall direction, coordination, and evaluation of the accounting department. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

EDUCATION And/or EXPERIENCE

Bachelor’s degree from four-year college or university in Accounting, Finance, or related field; ten or more years related experience, including financial analysis, budgeting, payroll, and data base development; and two or more recent years as a supervisor in the accounting/finance field. Medical group experience preferred. CPA or MBA preferred.

Other Skills

• Thorough understanding of general accounting methods, principles, and practices.
• Understanding of health care pricing, reimbursement, and financing preferred.
• Proficiency in Excel, PowerPoint, and computerized accounting systems.
• Excellent oral and written communications skills.
• Ability to develop and monitor accounting systems and processes, and to write clear and concise procedures.
• Excellent organizational and interpersonal skills including ability to motivate employees and prioritize work.
• Detail oriented.
• Ability to understand, interpret and apply GAAP (Generally Accepted Accounting Principles) to day-to-day activities.
• Ability to interface and communicate with physicians both verbally and in writing through meetings, email, Teams chats, and phone calls.
• Ability to read, analyze, and interpret general business periodicals, professional journals, financial reports, legal documents, technical procedures, and governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from the Board of Directors, Board committees, groups of managers, clients, customers, business partners, and the public.
• Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

We offer a competitive salary and a full benefit package which includes:

• Medical
• Dental
• Vision
• Life
• 401(k) and profit sharing

EQUAL OPPORTUNITY EMPLOYEE