Finance Director

LifePoint Health; Billings Township (MI); On-site; USD 120,000 - 210,000; Full time

Job summary

Lifepoint Health operates The Rehabilitation Hospital of Montana, and directs the hospital’s financial administration. As Director of Finance, you will lead revenue cycle, accounting, reporting, and budgeting to support superior patient care and corporate objectives.

You will ensure strong internal controls, timely financial statements, and alignment with industry standards, while guiding department heads and achieving EBITDAR targets.

Qualifications

• Bachelor’s degree in finance or accounting or related field.
• CPA preferred.
• Healthcare finance experience is required.

Responsibilities

• Oversee billing, collections and revenue cycle processes.
• Ensure internal controls and GAAP compliance are in place.
• Prepare annual operating and capital budgets and monitor variances.
• Coordinate monthly financial reporting and audits with CEO and corporate office.
• Lead hospital finance and accounting teams.

Skills

Revenue cycle management

GAAP compliance

Leadership

Financial reporting

Education

Bachelor’s degree in finance or accounting or related field

CPA preferred

Tools

Microsoft Office

Job description

Job Schedule: Full-time Monday to Friday

Your experience matters

The Rehabilitation Hospital of Montana is operated jointly with Lifepoint Health. We are driven by a profound commitment to prioritize your well-being so you can provide exceptional care to others. As a Director of Finance joining our team, you’re embracing our promise to provide superior patient care that exceeds industry standards as well as patient expectations. Join us on this meaningful journey where your skills, compassion and dedication will make a remarkable difference in the lives of those we serve.

Job Summary:

Responsible for overall financial administration of the hospital, including revenue cycle, general accounting, information systems and financial reporting in accordance with all hospital and corporate policies and procedures. Ensures that internal controls are adequate to safeguard facility assets and that accounting systems are sufficient to generate accurate and timely financial reports. Also responsible for preparation of the annual hospital budget along with ongoing analytics monitoring any variances and reporting to CEO and corporate office.

How you'll contribute:

A Director of Finance who excels at this role:

• Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital’s cash flow (including management of denials).
• Ensures that company policies and procedures are effective and implemented to assure minimal risk to the facility.
• Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required.
• Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures that monthly financial statements and regular productivity reports are completed and distributed on a timely basis.
• Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days).
• Contribute to and monitor performance goals and objectives (EBITDAR target). Analyzes variances and with CEO, develops action plans to achieve assigned targets.
• Ensures all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion.
• Typically supervises the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital.
• Ensures that month-end financial closing process is completed accurately and timely; prepares financial statements and monthly operating review reports to co-present with the hospital CEO to corporate management.
• Responsible for preparation of annual operating and capital budgets for the hospital.
• Assists the corporate finance and accounting team in the annual independent audit preparation and process.
• Responsible for daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled and or requested.
• All other duties assigned
• Performs other duties as assigned.

What we are looking for:

• Education: Bachelor’s degree in finance or accounting or related field required. CPA preferred.
• Experience: Previous experience in healthcare overall financial operations/controls required.
• Proficient in use of Microsoft Office applications and has used computer workstation in previous roles in hospital.

Why join us:

We believe that investing in our employees is the first step to providing excellent patient care. In addition to your base compensation, this position also offers:

• Financial & Career Growth: Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
• Employee Well-being: Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
• Professional Development: Ongoing learning and career advancement opportunities.

EEOC Statement:

"The Rehab Hospital of Montana is an Equal Opportunity Employer. The Rehab Hospital of Montana is committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment.”

Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.