What are the responsibilities and job description for the Vice President of Finance position at Workforce Genetics?
Job Description
Job Description
Workforce Genetics presents an exceptional opportunity for a Vice President of Finance, reporting directly to the Chief Executive Officer, to join a rapidly growing company.
The Vice President of Finance (VP of Finance) is a pivotal leadership position responsible for managing the financial health and strategic direction of a substantial clinical laboratory. This role involves developing and implementing financial plans, optimizing operational efficiencies, and ensuring adherence to industry regulations while promoting sustainable growth.
Additionally, the VP of Finance will be responsible for :
Develop and implement financial strategies to support business growth and long-term sustainability.
Provide financial insights and recommendations to the CEO and executive team.
Lead financial planning, budgeting, and forecasting processes.
Oversee financial modeling and analysis to guide business decision-making.
Manage accounting, billing, reimbursement, and revenue cycle functions.
Ensure compliance with regulatory requirements, including HIPAA, CLIA, and federal / state healthcare policies.
Develop internal controls and financial reporting systems to ensure accuracy and efficiency.
Oversee audits, tax filings, and risk management strategies.
Optimize revenue cycle management, including billing, collections, and reimbursement strategies.
Drive cost containment initiatives while maintaining service quality and operational effectiveness.
Identify and implement opportunities to improve financial efficiency.
Lead, mentor, and develop the finance and accounting team.
Assess financial implications of potential mergers, acquisitions, and strategic partnerships.
Conduct due diligence and financial modeling for business expansion opportunities.
What we are looking for candidates to bring :
Bachelors degree in Finance, Accounting, or a related field.
10 years of progressive finance experience, with at least 5 years in a leadership role.
Experience in the healthcare, clinical laboratory, or life sciences industry is highly preferred.
Strong knowledge of GAAP, financial reporting, and regulatory compliance in healthcare.
Expertise in revenue cycle management, cost control, and financial forecasting.
Exceptional leadership, communication, and problem-solving skills.
Experience with financial software, ERP systems, and data analytics tools.
This position offers a competitive salary, full benefits, stock options, and an annual bonus based off company and personal performance.
Candidates must be in Maryland and will be required to be in the office as needed.
