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West Virginia University

WVU Medicine, the West Virginia University Health System, provides advanced healthcare services to the people of West Virginia and surrounding regions. Encompas

Director of Finance - Post Acute

Location

United States

Posted

108 days ago

Salary

0

No structured requirement data.

Job Description

Director of Finance - Post Acute

West Virginia University

Welcome! We’re excited you’re considering an opportunity with us! To apply to this position and be considered, click the Apply button located above this message and complete the application in full. Below, you’ll find other important information about this position. Directs the establishment and maintenance of accounting principles, practices, and procedures. Maintains all accounting records, and directs the development, analysis, and interpretation of statistical and accounting information to appraise operating results in terms of costs, budgets, trends, reimbursement, productivity and increased revenue opportunities. Under the direction of leadership, manages and/or provides oversight to the functions of general accounting, budgeting, accounts receivables, daily cash management, and financial reporting for assigned service lines and/or companies. Coordinates operations with other departments and other related entities. Develop and maintain robust financial models and executive-ready presentations, dashboards, and reports that clearly communicate insights and recommendations for senior leadership. MINIMUM QUALIFICATIONS: EDUCATION, CERTIFICATION, AND/OR LICENSURE: 1. Bachelor’s degree in Business Administration, Accounting, or other related field. EXPERIENCE: 1. Five (5) years of progressive supervisory experience in healthcare finance or accounting, ideally with direct exposure to post-acute care operations and reimbursement (e.g., home health, hospice, HME). PREFERRED QUALIFICATIONS: EDUCATION, CERTIFICATION, AND/OR LICENSURE: Master’s degree in Business Administration, Accounting, or other related field. EXPERIENCE: 1. Seven (7) years of supervisory experience in healthcare finance or accounting with direct exposure to post-acute care operations and reimbursement (e.g., home health, hospice, HME). CORE DUTIES AND RESPONSIBILITIES: The statements described here are intended to describe the general nature of work being performed by people assigned to this position. They are not intended to be constructed as an all-inclusive list of all responsibilities and duties. Other duties may be assigned. 1. Responsible for maintaining a financial accounting system for timely and accurate recording, allocation, and monitoring of all financial transactions in the general ledger system. Responsible for ensuring that sound accounting practices are implemented in accordance with standards issued by FASB, GASB, and other authoritative bodies. 2. Responsible for the processing and development of the operating budget which includes statistical, expense, revenue, capital, and cash budgets and development of budgeted financial statements. Develop specific objectives, department budgets, and performance standards for each area of responsibility. 3. Responsible for monitoring budget performance and providing ongoing reporting and variance explanations. Facilitates early recognition of changes in the circumstances so that timely operating adjustments can be made when necessary. 4. Coordinate operations through direction of staff in general accounting, budgeting, cash forecasting and management, capital asset management, and accounts receivables. Provides direct oversight to all areas. Review all employees’ work on a periodic basis, specifically for identifying quality problems and implementing corrective actions. Demonstrate a thorough knowledge of the job descriptions and key requirements for each position of all areas; instruct others in the performance of duties; hold employees accountable at all times for the responsibilities inherent in their positions. 5. Utilize data visualization techniques to design and implement dashboard reports for senior management, identifying key performance benchmarks and monitoring company financial health. 6. Access Management & Optimization: Lead, refine, and oversee centralized intake and referral processes for all post-acute service lines (Home Health, Hospice, HME), ensuring timely, efficient, and patient-centered care transitions from acute and ambulatory settings to home-based services. 7. Assure effective HME billing and revenue cycle functions including accurate and timely management of Accounts Receivable, denial resolution, WIP corrections, and billing for special products. 8. Lead to optimize the revenue cycle, improve financial outcomes, and support seamless collaboration with insurance providers and internal teams. PHYSICAL REQUIREMENTS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Office work which includes sitting for extended periods of time. WORKING ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Normal office environment. SKILLS AND ABILITIES: 1. Demonstrates leadership abilities. 2. Demonstrates excellent communication and interpersonal skills. 3. Working knowledge of general ledger, payroll, accounts payable, cash management and fixed asset information systems. 4. Knowledge of desktop applications including Excel, Word, and Power Point. Additional Job Description: Scheduled Weekly Hours: 40 Shift: Exempt/Non-Exempt: United States of America (Exempt) Company: SHC WVUHS Home Care Cost Center: 500 SHC Administration

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