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Aligned Modern Health logo
Aligned Modern Health

Chicagoland's top-rated wellness destination... Live Life to the Fullest!

Vice President of Finance

Financial Planning and AnalysisFinancial Planning and AnalysisOtherRemoteLeadTeam 51-200H1B No SponsorCompany SiteLinkedIn

Location

Illinois

Posted

131 days ago

Salary

$175K - $200K / year

Seniority

Lead

Bachelor Degree10 yrs expEnglish

Job Description

Vice President of Finance

Aligned Modern Health

• Acts as a strategic business partner to senior executive leadership team and AMH Board • Creates and establishes yearly financial budget and objectives that align with AMH’s plan for growth and expansion • Assesses and evaluates financial performance of AMH with regard to operational goals and budgets • Provides insight and recommendations to both short-term and long-term growth plan of AMH • Identifies, acquires and implements systems and software to provide critical financial and operational information • Evaluates departments and makes suggestions for automating processes and increasing working efficiency • Communicates, engages and interacts with Board of Directors, Chief Executive Officer, Chief Marketing Officer and Executive Leadership Team • Creates the annual financial plan for the organization as well as updated forecasts as needed • Prepares and presents monthly financial budgeting reports including monthly profit and loss, actual vs. budget, and weekly cash flow • Reviews and analyzes monthly financial results and provides insight and recommendations • Identifies, develops and executes analysis of business initiatives, product launches and/or new service offerings • Supervises creation of reports, software implementation and tools for budgeting and analysis • Participates and leads in weekly conference calls with Vendors, Auditors and Executive Leadership Team • Supervises the accounting team to ensure the proper functioning of all systems, databases and financial software • Reviews and ensures application of appropriate internal controls, compliance and financial procedures • Ensures timeliness and accuracy of financial and management reporting data for investors and company’s board of directors • Oversees the preparation and communication of weekly, monthly and annual financial statements • Oversees the preparation and timely filing of all local, state and federal tax returns • Ensures appropriate compliance regarding all financial functions • Works with Human Resources to ensure appropriate legal compliance and accurate payroll execution • Oversees the month-end close process, constantly reviewing procedures while eliminating inefficiencies • Manages the preparation of monthly, quarterly and annual financial statements • Reviews all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation • Serves as a key point of contact for external auditors; Manages preparation and support of all external audits • Manages the 3rd party IT provider to ensure appropriate compliance, equipment is approved, maintained and tracked and licenses are reconciled • Selects and engages consultants, auditors and investors • Recruits accounting, revenue cycle, and payroll staff as required • Oversees the Director of Revenue Cycle • Oversees the implementation of processes surrounding pricing, billing, third party payor relationships, compliance, collections, and other revenue cycle functions • Ensures proper oversight of the third-party billing vendor relationship • Analyzes revenue cycle performance and trends in denials, accounts receivable, coding, charge entry, etc. • Oversees Patient Advocate team, ensuring process improvement and efficiencies continue to enable the team to support additional growth volume • Engages Board of Directors to develop short-term and long-term plans, projections and budgets • Represents company to banks, financial partners, institutions, investors, public auditors and officials • Remains current on audit best practices as well as state, federal and local laws regarding company operations • Oversees weekly cash management, AR and AP Departments, approves large payables, signs checks, authorize large wires and ACHs • Supervises Accounts Receivable management and provides guidance relating to the collection process • Does weekly cash reporting and 13-week cash forecasting • Manages cash flow planning process and ensures funds availability • Oversees cash, investments and asset management area • Explores new investment opportunities and provides recommendations on potential returns and risks • Maintains outstanding banking relationships and strategic alliances with vendors and business partners • Utilizes forward-looking models and activity-based analyses to provide financial insight into AMH’s plans and operating budgets • Oversees internal metrics reporting (Excel and PowerBI), including supervising staff and consultants on building out dashboards and sharing KPIs with the broader teams • Oversees regulatory and risk management (licenses, insurance and broker relationships) processes

Job Requirements

  • Bachelor Degree in Accounting or Finance
  • MBA or CPA preferred
  • Healthcare experience required
  • 10+ years total accounting or finance experience
  • 4+ years in a leadership capacity
  • Outstanding knowledge and understanding of GAAP, IFRS, SOX compliance
  • Background coordinating with IT staff to manage and/or upgrade accounting and reporting system.
  • Experience with PowerBI (or other visualization tools) strongly preferred
  • Outstanding communication and presentation skills
  • Demonstrated leadership ability, confidence and executive presence – ability to motivate staff
  • Excellent analytical, reasoning and problem-solving skills
  • Significant experience working with external auditors, internal controls and compliance-related issues.

Benefits

  • Bonus potential
  • Ownership shares

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