JOB SUMMARY:
The Director of Reimbursement is responsible for planning, implementing, and coordinating the accounting needs of the Foundation. The Director must be familiar with the functions of the various departments, separate business units, third party reimbursement, budgeting, and IRS regulations as they relate to the Foundation. The director must have a mastery of generally accepted accounting principles, strong analytical skills, and accomplished at presentations of complex financial data.
| EDUCATIONAL REQUIREMENTS Bachelor Degree in Accounting EXPERIENCE REQUIREMENTSAccounting – Six (6) years Healthcare – Four (4) years Management – Six (6) years Accounting either with a large multi-company corporation or within a public accounting firm SKILLS AND KNOWLEDGE Requires detailed knowledge of accounting theory and applicationBasic PC based spreadsheet and word processing applicationsExposure to server-based systems. |
ESSENTIAL FUNCTIONS:
- Plans, directs, organizes, coordinates, leads, and controls activities of department.
- Assigns backup responsibility for areas
- Monitors areas for internal control
- Performs problem resolution
- Performs performance appraisals for direct reports
- Provides input in the hiring process
- Ensures subordinates have information necessary to complete jobs
- Prepares and monitors departmental budget.
- Provides liaison for Accounting department with other Foundation departments as well as external agencies.
- Ensures managers receive appropriate information to manage, identify, and investigate significant variances or performance changes and alerts senior leadership to same.
- Keeps Administration informed as to financial performance progress and material changes in financial impact.
- Hires, trains and retains competent accounting staff and development of future financial leaders.
- Manages the accumulation and consolidation of all financial data necessary
- Ensures accurate accounting of consolidated business results.
- Directs and oversees the preparation of internal and external financial statements within the framework of Generally Accepted Accounting Principles.
- Manages the development and preparation of the annual operating budget.
- Directs and coordinates the Medicare and Medicaid cost reports and related compliance filings.
- Directs and coordinates the payroll and accounts payable processes and financial system support.
- Evaluates and improves accounting and internal controls to appropriately mitigate risk.
- Assess ongoing accounting operations
- Provides continuous improvement and best practice opportunities with appropriate recommendation and implementation.
- Develops, reviews, and revises department policies and procedures.
- Directs and coordinates designated regulatory reporting including but not limited to Federal and State 990 and 1120 filings, real estate exemption applications and sale tax exemption applications.
- Plans and coordinates activities with the external auditors.