Managed Care Finance Director directs and oversees all policies and procedures for the financial and data operations of managed care contracts. Manages contracts, negotiates and sets rates, and reviews reimbursement levels and managed care agreements to ensure that proper payment practices are utilized. Being a Managed Care Finance Director implements processes that encourage and inform the organization how to increase levels of reimbursements. Requires a bachelor's degree. Additionally, Managed Care Finance Director typically reports to top management. The Managed Care Finance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Managed Care Finance Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Position Statement:
The Director of Finance is responsible for all accounting and financial requirements of the association, also for providing financial support, advice, and expertise to the Executive Director, the board of directors, and the association team. The main responsibilities of the Director of Finance are managing the accounting records and financial reports, providing an effective control, developing best practices, financial accounting, and control procedures, supporting, advising and developing their team. The position will require the Director of Finance to achieve the Florida Community Association Manager License.
Responsibilities:
● Oversee and lead the annual budgeting and planning process in conjunction with the Executive Director; monitor progress and keep the Finance Committee of the Board of Directors abreast of the association’s financial status.
● Manage organizational cash flow and forecasting as a part of the monthly P&L and Balance Sheet production process.
● Provide overall financial oversight and monitoring, including development and implementation of sound fiscal management practices and internal controls.
● Manage and oversee monthly accounting processes, including bookkeeping, payroll management, payables, and receivables. In this capacity manage relationships with key external vendors, financial institutions, and insurance carriers.
● Implement a robust contracts management and financial management / reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
● Analyze and present financial reports in an accurate and timely manner.
● Coordinate and lead the annual audit process; liaise with external auditors and the Finance Committee of the board of directors.
● Provide staff support to the Finance Committee of the Board of Directors.
● Lead capital project financial modeling and development support activities.
● Oversee the association’s information technology platforms, to ensure ongoing maintenance, and quality of those systems, and to monitor performance against expectations.
● Manage and track organizational need for computer hardware and software, procuring new equipment and programs as needed.
● Oversee risk management activities including, business insurance, memorandums of agreement; contracts; leases, and other documents and agreements.
● Ensure compliance with all applicable laws and regulations.
● Oversee general office management functions to ensure effective, high quality work environment and efficient daily operations.
● Oversee all administrative functions to ensure efficient and consistent operations.
Job Type: Full-time
Pay: $95,000.00 - $105,000.00 per year
Benefits:
Experience level:
Schedule:
Ability to Relocate:
Work Location: In person
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