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Director of Finance

Profound Treatment
Los Angeles, CA Full Time
POSTED ON 1/15/2025
AVAILABLE BEFORE 4/10/2025

Job Title : Director of Finance

Location : Woodland Hills, CA

Please read the information in this job post thoroughly to understand exactly what is expected of potential candidates.

Job Type : Full-time

Department : Finance

Reports To : Chief Financial Officer (CFO).

Position Overview :

As the Director of Finance, you will oversee and manage all financial activities of the organization, ensuring accurate financial reporting, budgeting, and compliance. You will play a key role in providing strategic financial leadership, partnering with senior management to drive financial decision-making and support the organization’s mission and growth objectives.

Key Responsibilities :

  • Financial Reporting & Analysis : Oversee the preparation of monthly, quarterly, and annual financial reports. Provide insights on financial performance, variances, and trends. Ensure compliance with accounting standards and healthcare regulations.
  • Budgeting & Forecasting : Lead the annual budgeting process, working closely with department heads to develop and manage operational and capital budgets. Provide financial forecasts and help guide strategic financial planning.
  • Cost Management : Implement cost control measures to ensure operational efficiency. Analyze expenditures, identify areas of cost savings, and recommend improvements.
  • Revenue Cycle Management : Ensure the accuracy of billing, reimbursement, and collections. Work closely with the operations team to optimize revenue cycle processes and identify opportunities to enhance profitability.
  • Financial Strategy : Collaborate with senior leadership to develop long-term financial strategies. Provide input on key business decisions and advise on investment opportunities.
  • Compliance & Risk Management : Ensure financial practices are in compliance with all federal, state, and local regulations, particularly those related to healthcare finance. Manage internal and external audits.
  • Team Leadership & Development : Lead, mentor, and develop the finance team to ensure a high level of performance and professional growth. Foster a collaborative and accountable work environment.
  • Healthcare Industry Knowledge : Stay informed on healthcare industry trends, changes in regulations, and reimbursement models that impact financial planning and decision-making.

Qualifications :

  • Education : Bachelor's degree in Finance, Accounting, Business Administration, or related field; MBA or CPA preferred.
  • Experience : Experience in Financial management, with at least 5 years in the healthcare industry or a healthcare-related financial role.
  • Skills :
  • Strong understanding of healthcare finance, including reimbursement models, regulatory requirements, and healthcare accounting practices.
  • Expertise in financial forecasting, budgeting, and reporting.
  • Proficiency in financial software, ERP systems, and MS Excel. Experience with healthcare financial systems is a plus.
  • Excellent analytical and problem-solving skills.
  • Strong leadership, communication, and interpersonal skills.
  • Certifications : CPA or other relevant certifications preferred.
  • Pay : $135,000.00 - $155,000.00 per year

    Benefits :
  • 401(k)
  • Dental insurance
  • Disability insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance
  • Schedule :

  • 8 hour shift
  • Day shift
  • Monday to Friday
  • On call
  • Weekends as needed
  • Work Location : In person

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    Salary : $135,000 - $155,000

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