What are the responsibilities and job description for the Director of Finance position at Illume Fertility?
Company Overview :
Illume Fertility (formerly RMA of CT) Specializes in the treatment of infertility, including assisted reproductive technologies (ART) like intrauterine insemination (IUI), in-vitro fertilization (IVF), and pre-implantation genetic testing (PGT). Illume Fertility is Fairfield County's largest fertility clinic and egg donation center and is led by eight board-certified reproductive endocrinologists. Illume Fertility is consistently recognized as an LGBTQ Healthcare Equality Leader and its Integrated Fertility & Wellness program offers holistic support via acupuncture, mental health counseling, support groups and nutritional counseling. lllume Fertility has 5 convenient locations in Norwalk, Danbury, Stamford and Trumbull, CT and Harrison, NY.
Position Overview :
The Director of Finance will oversee the planning, development, implementation, and maintenance of the company's accounting and finance function including month-end reporting, supporting and promoting profitable goals and objectives.
Duties and Responsibilities :
- Hire, train, supervise and mentor the accounting staff.
- Ensure that the clinic follows standardized monthly, quarterly, and annual reporting timelines to reporting key financial and statistical information to various key stakeholders.
- Liaise between clinics and Corporate, advocating for the operating and strategic needs of all stakeholders by finding solutions that meet clinic needs while adhering to corporate requirements.
- Provide other managers and departments with information required by them to fulfill their assigned responsibilities.
- Support all accounting and financial functions including financial reporting, revenue cycle management, billing and insurance, payroll and purchases and payables.
- Lead periodic financial review meetings with key stakeholders to provide insight into monthly and quarterly variances, trends and extraordinary events.
- Oversee the annual budgeting process for the clinic ensuring budgets are realistic and reasonable, analysis of the budget vs actual and forecasting full year results. Monitor budget to actual throughout the fiscal year.
- Forecast monthly cash flows and optimize working capital to maintain liquidities.
- Responsible for implementing internal controls framework and verifying the effectiveness of controls implemented.
- Evaluate and make recommendations on capital projects.
- Lead the annual audit process for clinic.
- Draft and implement policies and processes to support achievement of objectives and required standards.
- Ensures compliance with federal, state, local, and organizational laws, regulations, guidelines, and best practices, including but not limited to tax laws, and generally accepted accounting principles (GAAP).
- Manage tax advisors to verify that the company is in compliance with all federal and state tax filings and filing deadlines.
- Assist with the implementation of technology initiatives to increase operating efficiencies.
- Maintain knowledge of developments and trends in finance and administration including technological advances.
- Perform other duties as required.
Core Competencies :
Education & Qualifications :
Physical Requirements :
Immunization :
Staff member must meet immunizations requirements as stated in the Illume Fertility immunization policy.
To learn more about us, please visit our website at Award-Winning Fertility Care in CT & NY | Illume Fertility
