This position is 100% in office / in person - Chicago, Illinois 60608.

The Director of Finance directs the financial affairs of the organization and prepares financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management. The Director of Finance is responsible for the company's financial plans and policies, its accounting practices, the conduct of its relationships with lending institutions, funders’ and the financial community, the maintenance of its fiscal records, and the timely preparation of financial reports. The position involves supervision over general accounting, billing and collections, internal auditing, cost/fund accounting, budgetary controls and cash management. Is a member of the Executive Management Team.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Promote the mission, goals, and philosophy of Alivio Medical Center
• Develop and implement policies and procedures for financial operations in accordance with generally accepted Accounting Principles
• Oversee all fiscal and management information system operations and ensure adherence to proper internal accounting procedures
• Direct preparation of financial reports required by the Local, State and Federal Government or as defined by the Chief Executive Officer
• Participate in long-term strategic and financial planning initiatives. Assist the Chief Executive Officer, Director of Operations and other directors and managers in preparing annual operating, capital, site and program budgets.
• Develop and implement mechanisms for monitoring and controlling expenditures and to identify and analyze variances.
• Supervise the administration and monitoring of specific grant accounts and fund raising proposal fiscal requirements. This includes the coordination of specific program budgets and projects with the vouchering, reimbursement reporting requirements of funding sources.
• Work with the Executive Management Team and program management staff in developing and implementing new programs to analyze opportunity costs and to establish appropriate fiscal controls to assure program integration and viability
• Manage cash flow including periodic forecasting, and monitoring of receipts and disbursements
• Oversee all patient accounting and reimbursement functions, including representation of the Health Center with third-party payers, etc. Direct and monitor the activity of the Reimbursement Manager to assure that collection practices are expeditious and accurate.
• Ensure that Billing Department policies and procedures are operationally effective to enhance accounts receivable and receive maximum reimbursement for services rendered.
• Direct and supervise purchasing. Negotiates with vendors
• Assure that managed care contracts, utilization management, claims adjudication, reporting, are in compliance with Managed Care Organization requirements.
• Collaborate with Human Resources department to administer the self funded insurance programs (e.g. STD, HRA, Vision and Dental)
• Oversee corporate insurance programs (property, casualty, liability, malpractice) and participates in risk management activities associated with potential and actual loss or liability claims
• Attend Board and Finance Committee meetings and external meetings to present and interpret financial information and to respond to related inquiries and requests
• Participate as a member of Illinois Primary Health Care Association (IPHCA) and Finance Directors Committee
• Active in attending and participating in IPHCA/NACHC meetings and conferences
• Responsible for corporate compliance requirements for administration
• Perform all other related duties as assigned.

QUALIFICATIONS

• Master's in Business Administration (MBA) or Master's in Public Administration (MPA)
• CPA or other related professional designation is highly desirable.
• Minimum of five years directly related experience at the management level, preferably in an FQHC setting or other healthcare environment.