Demo

VP of Finance

jobbot
Moorcroft, WY Full Time
POSTED ON 2/6/2025
AVAILABLE BEFORE 5/1/2025

A bit about us :

We're a cutting edge company with a fresh new offering in the healthcare space!

Why join us?

Competitive compensation and benefits!

Fully covered premiums for medical, dental, vision, STD, LTD, and life insurance.

Employees can opt for additional coverage, including hospital, cancer, accident insurance, and voluntary life policies.

Take advantage of our generous retirement plan with a competitive company match, effective immediately.

PTO : Enjoy a generous paid time off policy.

We encourage employee growth by offering financial assistance for further education.

  • More!

Job Details

Roles and Responsibilities

Financial Strategy and Leadership

  • Develop and implement financial strategies aligning with organizational goals.
  • Collaborate with the executive team to drive growth and sustainability.
  • Monitor industry trends and advise on financial risks and opportunities.
  • Financial Operations Management

  • Oversee all financial operations including budgeting, billing, payroll, accounts receivable / payable, and financial reporting.
  • Ensure accurate and timely preparation of financial statements in compliance with GAAP.
  • Manage cash flow, investments, and capital expenditures to support clinic operations.
  • Revenue Cycle Management

  • Optimize the revenue cycle process including patient billing, coding, insurance claims, and collections.
  • Collaborate with clinical and administrative staff to improve billing accuracy and reduce denials.
  • Ensure compliance with payer contracts and reimbursement policies.
  • Compliance and Risk Management

  • Ensure adherence to healthcare financial regulations including Medicare, Medicaid, and private insurance policies.
  • Lead internal and external audits, ensuring documentation meets regulatory standards.
  • Mitigate financial risks through effective policies and risk management strategies.
  • Budgeting and Cost Management

  • Develop annual budgets and track performance against financial goals.
  • Identify opportunities for cost savings while maintaining high standards of patient care.
  • Analyze operational expenses to recommend process improvements and efficiencies.
  • Reporting and Analytics

  • Provide detailed financial analysis and dashboards to support decision-making.
  • Present financial reports, including KPIs such as net patient revenue, operating margins, and cost per patient visit, to the board and executive team.
  • Develop predictive models for revenue growth and operational expenses.
  • Education / Certifications / Licenses

    Required

    Bachelor’s degree in Finance, Accounting, or a related field. An MBA or CPA is also required.

    Experience

  • Over 10 years of experience in financial leadership roles, with a preference for those within the healthcare sector.
  • More than 5 years of experience in a VP or other senior management role is highly desirable.
  • Proficiency in utilizing healthcare financial systems and revenue cycle management tools.
  • Comprehensive knowledge of healthcare regulations, including Medicare / Medicaid guidelines, HIPAA, and payer contracts.
  • Required Skills / Abilities

  • Extensive understanding of medical billing, coding, insurance reimbursement, and healthcare compliance.
  • Ability to synchronize financial objectives with the clinic’s mission and operational requirements.
  • Expertise in analyzing complex financial data and offering actionable insights.
  • Excellent team management skills and the capacity to convey financial information effectively to non-financial stakeholders.
  • Aptitude for managing frequent changes and guiding team members to remain focused.
  • Proficiency in handling stressful situations and meeting tight deadlines.
  • Salary : $200,000 - $300,000

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