Our client in the healthcare sector is seeking a Finance Director to report to the CFO. The ideal candidate will have a strong background in financial management, including budgeting, forecasting, and financial reporting. Additionally, they will bring experience in financial planning and analysis (FP&A) within the healthcare sector, with a deep understanding of the complexities of insurance revenue.
Key Responsibilities:- Oversee all financial operations, including budgeting, forecasting, financial reporting, and analysis.
- Lead the preparation of financial statements, ensuring accuracy and compliance with accounting standards and regulatory requirements.
- Manage the annual budgeting process, including long-term financial planning and strategy development.
- Provide strategic financial guidance to senior management, supporting business decisions with detailed financial analysis.
- Collaborate with department heads to develop financial strategies that support organizational goals.
- Monitor the organization's financial performance against budgets and forecasts, identifying variances and recommending corrective actions.
- Ensure the effective management of the revenue cycle, including billing, collections, and cash flow management.
- Ensure compliance with all financial reporting requirements.
- Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.
Qualifications:- Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
- 8-15 years of experience in finance, with at least 5 years in a leadership role.
- Experience in financial planning and analysis (FP&A) within the healthcare sector is required.
- Strong understanding of the complexities of insurance revenue, including claims processing and reimbursement models.
- Proven expertise in budgeting, forecasting, and financial reporting.
- Excellent analytical, organizational, and problem-solving skills.
- Strong leadership and team management abilities.
- Proficiency in financial software and Microsoft Office Suite.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
