Finance Manager jobs in Springfield, MA

Job Description Summary

Transhealth seeks a hands-on Finance Manager to oversee and manage our financial operations with a focus on general accounting, accounts payable (AP), accounts receivable (AR), revenue cycle management, and the general fiscal health of the organization, including a disciplined regimen of financial reporting and analysis on key performance indicators. This is an excellent opportunity to work in a challenging, fast paced, highly entrepreneurial business. The ideal candidate will be an experienced controller / accountant with a strong technical background in healthcare accounting, reporting, budgeting, and analysis. Additionally, the ideal candidate will be a strong communicator, and skilled financial analyst.

Our journey to expanding gender-affirming healthcare for ALL.

We are constantly working for diversity, inclusion, justice, and equity.

At Transhealth, we are committed to creating a safe, welcoming, and inclusive environment for all of our patients, staff, and community members. Building a team that reflects the diversity of our patients and the inclusive, just, and equitable world we want to see is a critical aspect of our vision.

We recognize that the healthcare industry in the U.S. has a long and painful history of systemic oppression, discrimination, and harm and we are dedicated to challenging and dismantling those systems. We are constantly learning and growing, and are committed to staying informed and up-to-date on issues related to diversity, inclusion, justice, and equity.

We are committed to providing culturally responsive care that is sensitive and responsive to the unique needs and experiences of our patients. We strive to create a culture that embraces diversity and inclusion, and celebrates differences. We believe that by valuing and respecting our differences, we can better serve our patients and contribute to a more just and equitable world.

Objectives & Responsibilities

• General Accounting & Budgeting: Ensure consistent accounting practices adhering to accrual based GAAP, non-profit, clinical standards while monitoring and achieving budget goals
• Accounts Receivable: Collaborates with an external billing company to obtain accurate financial reports and other information needed to create monthly AR entries. Reviews billing reports for accuracy and coordinates KPI reporting.
• Accounts Payable: Oversee accounts payable, ensuring accurate financial data entry, and timely vendor payment and cash management.
• Financial Analysis & Reporting: Conduct thorough financial analysis and prepare monthly reports, identifying areas for financial growth and improvement. Compiles data for analysis and makes recommendations for increasing profitability of the practice.
• Investment Planning: Develop strategic investment plans to enhance financial performance and sustainability.
• Compliance & Process Improvement: Ensure fiscal compliance across the organization, while continuously evaluating and improving financial processes for enhanced efficiency and accuracy.

Work Impact (Output)

• Accurate and timely financial reporting and reconciliations.
• Development and management of KPIs for finance and revenue cycle management.
• Effective management of the overall accounting process including AR and AP, enhancing cash flow.
• Improved financial health and sustainability through strategic planning and analysis.
• Driving financial performance improvements by identifying and implementing cost-saving initiatives
• Work with senior leaders to guide financial decisions and identify revenue enhancement strategies.

Process Impact (Efficiency)

• Streamline financial processes for enhanced operational efficiency.
• Implement best practices in healthcare financial management and compliance.
• Introduce innovative financial tools and technologies to automate and optimize financial operations.
• Develop and oversee a robust financial control environment to mitigate risk and ensure compliance with healthcare regulations and standards.

People Impact (Person-Centered)

• Building and maintaining strong relationships with internal teams and external vendors.
• Providing clear, effective communication and support to ensure financial transparency and understanding across the organization.
• Fostering a culture of continuous learning and professional growth.
• Collaborating with other departments to align financial strategies with organizational goals, ensuring a holistic approach to healthcare delivery.

Qualifications & Experience

• Bachelor's degree or equivalent in business, accounting, or related field preferred
• Professional certification - CPA (certified public accountant), CA (chartered accountant), or CFA (chartered financial analyst) preferred.
• Demonstrated ability in non-profit and / or healthcare accounting and managing AR and AP.
• Proven experience in financial analysis, P&L preparation, and investment planning.
• Strong skills in financial statement preparation and interpretation, with the ability to analyze and interpret financial trends.
• Proficiency in Microsoft Excel modeling - pro forma development / data analyst experience a plus; proficiency in QuickBooks Online. Experience with financial reporting in Epic or other EHR.
• Excellent verbal and written communication skills, with a team-oriented mindset.

The Finance Manager at Transhealth will play a pivotal role in ensuring the financial integrity and growth of our organization, aligning financial management with our mission to provide outstanding healthcare services.

*Please submit a cover letter with your application*

Job Type: Full-time

Pay: From $120,000.00 per year

Benefits:

• Dental insurance
• Employee assistance program
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Professional development assistance
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Work Location: Hybrid remote in Northampton, MA 01060