Finance Manager

KPH Healthcare Services • Full-time • E Syracuse, NY, US • 1m ago

Overview

Job Summary: In this role, the finance manager will partner with the Health Direct VP of Finance and divisional leadership to drive strategic decision-making, ensure accurate forecasting, and provide actionable insights to support growth initiatives and cost management while ensuring alignment with overall Health Direct objectives.

Scope of Responsibilities: This finance leader will assist Health Direct Leadership with budgeting, forecasting, and long-term planning processes to drive financial performance and strategic decision-making. This individual will deliver timely and accurate financial reporting, variance analysis, and performance metrics to divisional leadership. This leader will oversee the Billing and Accounts Receivable teams that engage in complex billing processes that are unique to long-term care settings.

This is in-office and not a remote opportunity.

Responsibilities

Job Duties:

Act as strategic finance partner to Division Vice President of Finance.
Assist in developing, monitoring, and managing the pharmacy's operating and capital budgets to ensure efficient resource allocation and cost control. This involves forecasting future performance based on historical data and market trends that align with business strategies and objectives.
Responsible for performing in-depth variance analysis to track performance against budgets and forecast, offering recommendations for corrective actions where needed.
Responsible for implementing best practices as it relates to financial planning & analysis including systems, tools, and processes across the different pharmacies.
Ensure that division stakeholders receive robust KPIs that help manage and run the business, including coordinating the collection of all performance indicators and highlighting trends.
Introduce policies and leverage technology to improve efficiency, accuracy, and streamline inventory control.
Provide data-driven insights on inventory performance, present reports to management that show key performance indicators such as gross margin and inventory turnover to drive financial performance.
Responsible for performing proforma analysis on RFP’s and new contracts.
Responsible for building, developing, and managing the billing and accounts receivable teams.
Supervise the complex billing processes unique to LTC settings, which involves handling insurance claims, managing accounts receivable, resolving claim denials, and ensuring timely and maximum reimbursements from third-party payers like Medicare D and Medicaid.
Responsible for performing third-party reimbursement analysis and third-party payor mix analysis.
Responsible for completing all mandatory and regulatory training programs.
Perform other duties as assigned

Qualifications

Education:

Minimum: Bachelor’s degree in Finance, Accounting or a related field.
Preferred: MBA or an advanced degree preferred

Experience:

Preferred: 5 years previous experience in a finance or accounting role.

Special Conditions of Employment:

Initial and continuous exclusion and sanction/disciplinary monitoring
Drug Test
Driver’s License Verification

Compensation:

$95,000 - $105,000 Annual

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