Rancho Health MSO Hiring for Finance Director Job at Temecula, CA Full Time

The Finance Director (FD)will be a member of the Company’s Finance Division, as well as the finance business partner to the operations leaders in the assigned region(s). In this role, the FD will act as the primary liaison between the MSO Finance and administrative functions (e.g. Accounting, Payroll, Human Resources, Compliance, etc.) and regional operations. The FD is expected to provide insightful operational and financial analysis, business acumen, and support to ensure optimal financial performance of the region and to ensure that the regions’ financial reporting is accurate, timely, and complete.

ESSENTIAL DUTIES & RESPONSIBILITIES

Participates in the monthly financial statement close process to ensure accurate reporting of all regional revenue and expenses, based on sound business practices and generally accepted accounting principles, including reviewing journal entries and revenue and expense accruals.

· Prepares financial analyses to support provider and staff compensation plans, including base salaries and incentives, as well as productivity metrics; ensures accurate and timely financial reporting of all compensation including incentive accruals

· Responsible for reviewing regular financial reports for the region to ensure accuracy, including providing variance and trend analyses of financial results on a monthly, quarterly and annual basis

· Develops and monitors key performance indicators (KPIs) by region, practice and provider; provides support to the MSO in the centralized reporting of all KPIs

· Responsible for managing region vendor agreements, contractors, purchasing/invoices, supplies inventories, and lease agreements , including following the MSO’s accounts payable and approval policies.

· Directly oversees the MSO Accounts Payable function to ensure optimal vendor management, accounts payable processes, and timely payment of all vendor invoices

· Responsible for ensuring region employees are paid accurately by being an active participant in the payroll administration function, including reviewing all pre-processing payroll reports, personnel action forms, annual pay statements, etc.; works with the MSO Payroll team to resolve pay and benefit issues

· Actively participates in the company’s annual financial statement audit, 401(k) plan audit, and tax return preparation processes

· Responsible for development of region annual operating and capital budgets, seeking input from key stakeholders, and working with MSO leadership and other regions on developing a consolidated annual Company plan

· Maintains a deep understanding of the regions’ payor agreements, including key payors, contract financial implications, key relationships, etc.

· Works closely with Revenue Cycle Management leadership to understand the regions’ revenue cycle processes and to ensure that all revenue capture, collections, and reporting are optimized

· Will build and maintain positive relationships with key business partners including but not limited to Medical Management, Practice Operations, Development, and Finance

· Works cross-functionally with Company leaders to ensure alignment on priorities, processes, and culture

· Anticipates changes in management and financial reporting requirements driven by growth in the region, including practice acquisitions and new provider hires, as well as the evolving business needs; provides support as required

· Develops and supports ongoing improvements in the regions’ enterprise risk management and internal controls, including documenting approvals, implementing segregation of duties and process reconciliations, and developing asset security protocols.

· Understands and models the company’s mission, vision, and values; supports a health and positive culture

· Performs ad hoc analysis and projects as requested

· Protects the organization’s value by keeping information confidential

· Accepts and performs other duties and projects as assigned.

SUPERVISORY DUTIES & RESPONSIBILITIES

· None or as assigned

Requirements

SKILLS & EXPERIENCE

· Minimum ten (10) years accounting or finance experience required, preferably with increasing responsibility

· Must have experience in the healthcare industry, preferably with a medical group or IPA.

· Strong finance skills, including data and financial analysis, report preparation, and business acumen.

· Solid understanding of Generally Accepted Accounting Principles (GAAP), demonstrated by relevant training, experience and credentials.

· Knowledge and experience with developing, implementing, and maintaining strong systems of internal control.

EDUCATION

· Bachelor’s degree in Accounting, Finance or a business-related field required.

· MBA or CPA preferred.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• Temecula, CA 92590: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• What are your salary requirements for this position?

Education:

• Bachelor’s (Required)

Experience:

• Accounting or finance: 10 years (Required)
• GAAP: 5 years (Required)
• Healthcare industry: 2 years (Required)
• management: 2 years (Required)

License/Certification:

• CPA (Preferred)

Willingness to travel:

• 25% (Required)

Work Location: Hybrid remote in Temecula, CA 92590