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Company | Source EQ |
Address | South San Francisco, CA, United States |
Employment type | FULL_TIME |
Salary | |
Category | Internet Publishing |
Expires | 2023-08-06 |
Posted at | 10 months ago |
Compensation And Bonus Package
- Direct and manage the finance and accounting teams and develop the financial strategy for the organization in partnership and collaboration with the CEO and the SELT
- Achieve goals for cash collections, accounts receivable, and to reduce bad debt and denials
- Direct revenue cycle operations to ensure that accounts receivable are collected promptly and uncompensated care is minimal.
- Design and develop reporting formats for Board and Management team for performance tracking and decision making.
- Provide timely and accurate analyses of budgets, financial reports, and trends to assist the CEO and other senior managers in performing their responsibilities.
- Work in partnership with the Chief Development Officer and CEO to plan and collect revenue from development and fundraising opportunities and collaborate with program leadership to support grant management and reporting activities.
- Maintain a thorough working knowledge of federal, state, county and managed care reimbursement methodologies to ensure that the agency is paid accurately, revenue is maximized, and the organization is positioned for future payment system changes.
- Routinely review revenue cycle metrics to proactively identify and address issues affecting overall performance.
- Manages financial controls and accounting procedures including developing and maintaining systems of internal financial controls and adherence to accounting principles and procedures.
- Drive and manage the financial planning and budgeting processes including creating and overseeing action plans to ensure annual financial objectives are achieved.
- Ensure front-end revenue cycle processes are implemented including making certain insurance verification is completed on all patients.
- Collaborate with the Chief People and Equity Officer to create incentivized performance systems.
- Collaborate regularly with the CEO, Chief Clinical Officer, Regional Executive Directors, and Director of IT to develop value-based metrics required in reimbursement methodology of public and private insurance/payers.
- Master’s degree in Accounting and Finance, Business Administration, or related field.
- A genuine passion and deep appreciation for improving the health of low-income communities
- Knowledge of all aspects of generally accepted accounting principles (GAAP).
- Deep knowledge about how financial optimization works within a not-for profit framework
- Healthcare finance experience
- Understanding of the operational and financial dynamics of clinical care delivery.
- Knowledge and experience with health care finance and reimbursement systems is required
- 10+ years of accounting and finance healthcare leadership expertise with proven experience in a significant senior-level financial management role and a track record of strategic and tactical leadership abilities.
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