Chief Financial Officer

Duties:

Accounts Receivable / Collection: Analyzes and assures all accounts 60 days and older are properly collected and followed-up on. Assures rate structures are current; adjusts when needed. Assures credit balances owed to the government, a resident, or another payor are promptly identified, correctly reported, and promptly repaid. Assures resident coinsurance or deductibles are not waived without a good faith determination that the resident is in financial need. Office / System Administration: Oversees financial record retention to assure procedures are followed. Assures all financial system updates are installed on a timely basis. Assures all updates are distributed and manuals are updated on a timely basis by reviewing the Revision Registers in each manual. Assures monthly backup of center/campus profile and reference files. Assures office machines (copier/fax/postage) are functioning properly. Reconciling / Reporting: Assures manual census is completed daily. Completes accurate, timely, yearly inventory. Analyzes and accurately reconciles all general ledger accounts on the financial report. Compiles true and accurate information for auditors, cost report preparers, etc., on a timely basis according to policies and procedures. Assures all required data is submitted to Central Office according to procedures. Assures insurance functions are completed and reconciled monthly, including group health, worker's compensation, and accident reports. Provides resident with a full and proper accounting of Resident Trust Funds. Assures Medicare is not billed for items or services that are included in the Medicare Part per diem rate. Cash Management: Keeps accurate record of local and Helping Hand Investments. Assures checking account balance is current and accurate. Assures gifts are deposited to savings monthly. Assures cash requirements are reviewed weekly for all levels of investment accounts to maximize cash management. Monitors and assures all Organization’s Financial Policies and Procedures are implemented and followed. Assures signatures are not forged to create appearance of timeliness or to support items or services that were never provided. Assures Medicare is only billed for items or services necessary based on a resident's documented medical condition. Assures a resident's medical condition is determined using true and accurate information. Assures UB 92, HIPPS, ICD 9, and CPT billing codes most accurately describe the services or condition. Completes all documentation within established timelines. Receives and shares information. Observes and reports resident conditions to appropriate staff. Responds appropriately to residents' requests for help, including information related to accounts receivable and trust accounts. Demonstrates/encourages quality care for the whole individual. Formulates and works within annual budget. Recruits, hires, and staffs work area at appropriate levels. Acquires resources and means that promote a quality work environment. Assists and participates in the QA / CQI process ensuring quality performance, conformance with regulations, standards and laws, and customer satisfaction. Accepts accountability for activities under direct control. Plans and organizes work with and for department; exercises sound judgment and decision-making. Promotes cooperative working relationships within and between departments. Keeps abreast of and implements new programs or practices. Drive the company’s financial planning. Perform risk management by analyzing the organization’s liabilities and investments. Decide on investment strategies. Control and evaluate the organization’s capital structure. Supervise all finance personnel. Manage vendor relationships. Prepare reliable current and forecasting reports for the organization and board members. Ensure compliance with the law and company’s policies. Oversee risk management/organization insurance. Prepare financial reports for the Board. Manage financial lawsuits. Manage the benefit package for the Organization. Manage the retirement package for the Organization.

Responsibilities:

This position will be held accountable for complying with all related laws, regulations, company policies and procedures pertaining to his or her position and for fulfilling his or her obligations under the organization's Corporate Compliance Program.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Qualifications: