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Director of Finance

Company: Wellmore, Inc
Location: Waterbury
Posted on: September 13, 2020

Job Description:

The Controller is responsible for assisting the Chief Financial Officer with all financial and administrative management of Wellmore, Inc. He/she is responsible to assist with all agency administrative functions including but not limited to accounts payable, accounts receivable, general ledger, billing, reporting, cash flow management, collections, investments, banking, insurance and state and federal compliance.

Responsibilities

1. Assist with the completion of timely and accurate financial reporting and analysis to the CFO, CEO and Board of Directors, funding sources, and external entities as requested or required.

2. Assist with agency wide annual budget, program budgets and all mid year budget modifications.

3. Assist with managing all of the financial aspects relating to all Wellmore subcontracts with other providers including payment tracking and reconciliation.

4. Prepare and participate with year-end audit conducted by external auditors.

5. Prepare monthly, quarterly and/or annual billing/reporting for any necessary grant awards.

6. Review and reconcile fundraising accounts to ensure accurate posting and usage of funds consistent with Fund Raising Department records.

7. Provide supervision to Senior Accountant, Financial Analyst and Billing Supervisor to ensure timely, accurate work is completed in corresponding areas of administrative functions.

8. Oversee entire payroll process ensuring timeliness and verifying accuracy through biweekly summary report reviews and monthly budget comparison reviews.

9. Oversee Accounts Payable function to ensure payments to vendors are timely and accurate and are allocated or charged to the appropriate program(s) and are consistent with unit cost standards.

10. Review general ledger balances on monthly basis to verify accuracy of expense and monthly journal entry postings.

11. Assist and oversee Accountants with accounting month end closing procedures to ensure timeliness and accuracy.

12. Work closely with Billing Supervisor to ensure maximization of third party collections.

13. Verify timely compliance with all insurance company and/or Medicaid requirements in order to ensure payment for services rendered.

14. Aid in collaboration between billing department and clinicians to ensure that all necessary documentation is obtained to ensure payment for services rendered.

15. Work with clinicians and administrative staff to ensure all insurance billing related issues are rectified as quickly as possible.

16. Perform periodic review to ensure that all department billing is processed accurately and in accordance with all state, federal and insurance company guidelines.

17. Work collaboratively as a member of a team with other professionals and concerned parties and to actively participate in training and staff meetings.

18. Actively participate in supervision of direct reports and with CFO.

19. Other duties as assigned by supervisor or senior management.

Qualifications

Employee must:

• Have the ability to maintain the utmost confidentiality of both agency and client matters.

• Maintain a level of adequate productivity as determined by your supervisor.

• Be capable of working as part of a team.

• Must have demonstrated knowledge of Generally Accepted Accounting Principles (GAAP), be able to interpret balance sheets and profit/loss reports, grant award management and write and implement financial management.

• Must have working knowledge of computers including accounting software packages and worksheet applications.

• Have experience with billing software and medical office procedures.

• Be able to effectively communicate with the insurance carriers, families and professionals (in writing and verbally).

• Proficiency with Microsoft Office applications and payroll such as ADP

• Have the ability to maintain a flexible work schedule.

Requirements

Bachelors or Master's Degree in Accounting or related major. Minimum of five years' of Accounting experience; preferably in a not-for-profit or healthcare background with state and federal grant accounting experience., including supervisory experience. CPA preferred.

Employee Benefits

• Company paid Life and AD&D insurance

• Company paid Short- term disability

• Company paid long-term disability insurance

• Training and development Opportunities

• Generous paid time off, including vacation, sick and personal leave

• Employee Assistance Program (EAP)- Free and confidential counseling

• Employee discounts on Verizon Wireless services

Wellmore is an equal opportunity employer – M/F/Vets/Disabled. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.

Keywords: Wellmore, Inc, Waterbury , Director of Finance, Other , Waterbury, Connecticut

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