Northwest Medical Specialties · 1 week ago
Director of Finance
Northwest Medical Specialties is seeking a Director of Finance to provide overall financial leadership for the organization. The role involves strategic financial planning, compliance oversight, and leading the accounting function while supporting executive decision-making through accurate financial reporting and analysis.
Health CareHospitalMedicalService Industry
Responsibilities
Provide full oversight of all accounting operations, including but not limited to: General ledger, Payroll, Accounts payable and accounts receivable, Fixed assets, Financial activity, Bank reconciliations, Revenue cycle, MD Compensation, Shareholder reporting
Ensure timely and accurate monthly, quarterly, and annual financial statements in accordance with applicable accounting standards
Own and manage the monthly close process, including review of journal entries, account reconciliations, and variance analyses
Maintain and monitor balance sheet account reconciliations and ensure proper documentation and resolution of discrepancies
Establish, document, and maintain accounting policies, procedures, and internal controls to safeguard assets and ensure financial integrity
Continuously evaluate and improve accounting processes, systems, and controls for efficiency and scalability
Prepare and distribute monthly financial reports, ensuring accuracy, clarity, and timeliness
Develop and maintain internal financial and operating reports, dashboards, and KPIs for leadership and department heads
Analyze actual performance versus budget and forecast, identifying trends, risks, and opportunities
Coordinate financial analysis and reporting efforts with Data and Analytics staff to ensure consistent, actionable insights
Serve as a key financial advisor to executive leadership, translating financial results into strategic implications
Lead the preparation of the annual operating budget, including coordination with department leaders
Develop ongoing forecasts and long-range financial plans to support organizational strategy
Monitor financial performance against budget and forecast, recommending corrective actions as needed
Support business planning initiatives
Manage treasury functions, including: Cash management and planning, Banking relationships, Debt compliance and covenant monitoring
Oversee tax compliance activities, including preparation and/or coordination of: Federal, state, and local tax filings, 1099 reporting
Serve as primary liaison with external auditors and tax advisors
Lead all financial audits, including preparation, coordination, and response to audit requests
Report all audit findings, deficiencies, or discrepancies to senior leadership and ensure timely remediation
Ensure corporate insurance policies are adequate, current, and aligned with organizational risk exposure
Manage health and welfare insurance programs, including renewals, plan changes, and enrollment processes
Maintain and organize a centralized library of legal, financial, and governance documents
Hire, train, develop and manage department staff
Set clear performance expectations and provide coaching, feedback, and professional development
Foster a culture of accountability, accuracy, continuous improvement, and collaboration within the finance team
Ensure compliance with all applicable laws, regulations, and organizational policies
Monitor and assess financial and operational risks; recommend mitigation strategies
Support organizational governance requirements related to financial reporting and oversight
Qualification
Required
Bachelor's degree in business, preferably in accounting, finance or management from an accredited college or university
Ten (10) years of direct, progressive, responsible financial management experience, five (5) of which must be in accounting and include five (5) years of supervisory experience
Healthcare industry experience required
Excellent oral and written communications, and ability to establish and maintain effective relationships with shareholders, management team, general staff and outside stakeholders
Comprehensive knowledge of the principles and methods of financial accounting, budgeting, auditing, risk management, benefits administration and treasury functions
Comprehensive knowledge of the laws, regulations, and standards pertaining to financial management
Ability to effectively monitor and assure the high-level performance of the Finance/Accounting Department
Excellent working knowledge of and skilled use of reporting, analytic and communication software tools
Exceptional organizational skills, attention to detail and timely completion of assignments
Benefits
Manage health and welfare insurance programs, including renewals, plan changes, and enrollment processes.
Company
Northwest Medical Specialties
Northwest Medical Specialties provides service for patients diagnosed with cancer, blood diseases, and infectious diseases.
Funding
Current Stage
Growth StageRecent News
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