What are the responsibilities and job description for the Director of Finance and Business Operations position at 2Life Communities?
The Director of Business Operations at Opus Newton Community offers a unique opportunity to manage financial operations and business office functions at 2Life’s first Continuing Care Retirement Community (CCRC) for middle-market seniors. This role collaborates with 2Life’s Finance & Accounting Department and works closely with residents, staff, and vendors.The ideal candidate will oversee key financial tasks—accounts payable/receivable, payroll, reporting, budgeting, and vendor management—while ensuring operational efficiency, cost optimization, and regulatory compliance. They will also lead the development of strategies to enhance resident experiences and promote sustainable growth.ESSENTIAL JOB FUNCTIONS
- Active participant in the development and management of the community's annual budget
- Prepare and generate comprehensive financial reports as necessary and distribute to relevant stakeholders in a timely manner.
- Conduct regular financial performance analyses, identify trends and areas for improvement, and present insights and recommendations to senior leadership.
- Utilize Yardi to ensure the timely collection of accounts and provide regular updates on those in delinquent status.
- Coordinate payment arrangements with residents or their designees
- Support residents in resolving billing inquiries and concerns in a timely and professional manner.
- Active participant in the financial review and approval of new resident applications
- Track and manage resident entrance fees and work with residents to explore options to address financial hardship.
- Support headquarters with reporting and processing resident move-in and move-out requests, including fee adjustments and resident refunds.
- Maintain accurate vendor files, ensuring timely and effective management of vendor relationships and contract renewals.
- Collaborate with departments to support the recruitment, onboarding, and retention of staff
- Contribute to growing and maintaining community occupancy by engaging with current and potential residents, their families.
- Participate in the Manager-On-Duty program, providing support and leadership as needed
- Bachelor’s degree in Accounting, Finance or Business. Additional education is a plus.
- Minimum of 7 years of experience in a financial management role, preferably within a Continuing Care Retirement Community.
- Experience managing billing cycles, accounts receivable, and collection processes,
- Experience overseeing procurement processes, vendor negotiations, and contract management.
- Previous experience supervising a diverse team, including providing guidance, training, and performance management.
- Proficiency in computer programs, including but not limited to Microsoft Office, Salesforce, Yardi.
- Excellent communication, problem-solving and organizational skills.
- Must project a positive attitude towards the services provided.
- Supervise the receptionists.
- Requires manual dexterity to handle and manipulate office equipment and materials, with strong visual and auditory acuity.
- Must be able to lift up to 15 lbs. and push or pull carts with files.
- Ability to turn, crouch, kneel, bend, and reach above shoulder height.
- Robust medical and dental plan
- Vision
- Employer-paid life and AD&D, STD, and LTD insurance
- 401(k) plan
- Paid vacation
- Paid holidays
- 2 floating holidays
- Pet insurance
- And more!