Cape Cod Healthcare · 2 days ago
Executive Director, Finance and Revenue
Cape Cod Healthcare is seeking an Executive Director for Finance and Revenue to manage the general accounting functions related to Revenue & Reimbursement and internal and external reporting. The role involves overseeing financial reporting, maintaining data integrity, and ensuring compliance with GAAP, while also providing leadership and support to the finance team.
Responsibilities
Assist the Controller and CFO in directing the accounting and financial reporting function of CCHC
Coordinate and oversee the management of general accounting functions and financial reporting in accordance with GAAP and direct the preparation and distribution of timely and accurate operating and financial reports required within and outside the organization
Maintain data accuracy and integrity for all assigned entities, the Hospitals, and HCI
Promote the concept of cooperation and develop lines of communication with persons both inside and outside the healthcare system
Select and hire professional level staff and provide training. Evaluate and initiate appropriate personnel activities
Evaluate existing procedures in order to to ensure that the department is operating efficiently and effectively
Oversee preparation and review of all internal and external reporting
Work in conjunction with the outside auditing firm and affiliates to ensure a successful year-end audit
Maintain accounting for CHICO financial results into the Consolidated Financial statements
Participate in and oversee the preparation of cost reports, external regulatory reporting, intermediary reviews/audits and appeals at entity level
Conduct net patient service revenue accounting, including the monthly preparation of balance sheets and income statement models for reserves and deduction entries at the entity level. Develop and maintain appropriate reporting of such models
Maintain competency in reimbursement by keeping knowledge of current developments at state and federal level through continuing education and interpret and estimate projected financial impact of changes in regulations on net patient service revenue
Coordinate with appropriate departments to complete revenue related requests to support the annual external audit. Maintain comprehensive policies, procedures, and documentation to validate the existence and accurate of all revenue related estimations
Coordinate with appropriate Finance and Operational departments to prepare net revenue budget for all entities
Performs or assists with profitability studies, rate optimization and strategic pricing, revenue volume and cost projections, financial feasibility studies, trend analysis and other reimbursement or revenue related reporting/analyses
Function as a financial services management consultant to senior management, department heads, and supervisors as they plan, implement, and maintain financial systems for their functional areas of responsibility
Develop departmental policies and procedures to facilitate internal and external operations
Reconciles various receivables, reserves, and revenue accounts to the general ledger
Prepares reconciliations, schedules and other materials for auditors
Prepares monthly accounts receivable and revenue calculations
Prepares revenue projections for annual budget and develops financial statement projections throughout the year as needed
Displays good leadership, decision and problem-solving ability, strong organizational, interpersonal and communication skills, and computer skills
Serve on hospital committees and task forces as directed
Keep informed on the latest development in the healthcare field through study, reading and appropriate attendance at meetings, workshops and seminars. Perform other work related duties as required or assigned
Perform other work-related duties as assigned or requested
Qualification
Required
Bachelor's degree in Accounting
Experience in GAAP accounting, reimbursement, cost-reporting, net revenue modeling and accounting
7-10 years related experience, preferably in an acute care hospital/healthcare organization
Experience with relational databases and large ERP systems
Advance proficiency with MS Office applications and related accounting and finance software programs
History of goal-oriented achievement and project management experience
Previous experience supervising staff with the ability to coach, motivate and engage employees in a finance function
Excellent analytical and communication skills with the ability to convey complex information clearly and concisely to all levels of management
Strong organizational and time management skills, with the ability to meet deadlines and deliver outcomes in a fast-paced, busy environment
Ability to use sound judgment to effectively solve problems within the scope of the position
Ability to respond to inquiries and requests from financial institutions and auditors
Strong analytical, organizational, communication and interpersonal skills
Demonstrates goal-oriented thinking, leadership ability, and strong interpersonal, operational and organizational skills
Excellent communication skills, including listening, writing, and relationship development
Preferred
CPA and/or Master's in Business Administration (MBA)
Experience with PeopleSoft highly desirable
Company
Cape Cod Healthcare
Cape Cod Healthcare offers a comprehensive array of medical services delivered by top-notch teams of healthcare providers.
Funding
Current Stage
Late StageRecent News
2025-09-10
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