Key Staffing is looking to fill a Director of Financial Planning & Analysis in the Bakersfield, CA area. This is a direct hire opportunity in the medical industry that is offering a competitive salary and benefits.
Summary: Under the direction of the CFO, the Director of Financial Planning & Analysis is responsible for leading the budgeting, forecasting and long-term planning relating to the implementation of business strategic initiatives. The position will direct the financial modeling & reporting, forecasting, and provide reports and analysis on the fiscal and operational activities. This includes communication with senior leadership, creating functional strategies for specific operational objectives.
Direct staff that prepare and submit monthly, quarterly and annual management and financial, cash flow and statistical reports, including funding reports to any funding agencies, and other required financial/ progress reports with the funding agencies’ requirements and policies and procedures established in the area by the management and Board of Directors.
Perform monthly review and reconciliation of the different cost center accounts and locations, review documents and review for accuracy and completeness.
Completes the development of budgets for internal control, provides information and assists staff and program directors in budget preparation, implementation, and control; prepares, balances, complies, and enters budget data’ performs statistical analysis of cash flow and budgets; monitors and evaluates budgets and cash flow for appropriateness to ensure fiscal solvency and accountability.
Directs the processing and preparation of clinic annual reports (OHSPD), UDS, PPS Reconciliation and Medicare cost reports as directed by the Controller. New Location Rate Siting with MediCal and MediCare.
Supports the fiscal staff with research and analysis of financial data for any expansion or new business; creates, organizes, and maintain files using database and spreadsheet programs; retrieves and organizes data into required reporting formats; collects, retrieves and organizes data to identify financial discrepancies and recommends solutions.
Direct staff and participate in the monthly/quarterly and annual closing of financial reports. Ensure that all reports are ran in accordance with the established policies and procedures.
Ensure direct reports successfully monitor and evaluate operational effectiveness and recommend changes for improvement to strengthen the organizational structure and staffing requirements.
Coordinates with revenue cycle team to review findings from analysis of A/R activity.
Recommends changes to improve effectiveness and efficiency to strengthen collection, for AR days reduction as well as collection turnaround days.
Responsible for Employee Personnel Budget and calculating the correct provider to support staff ratios.
Develop and prepare all Grants applications, Create New Grant Expense Allocation, submit all Expenses Reports on Monthly, Quarterly, Annual Basis and FFR if required.
New Expansion Study and Recommendation. Research and analyze financial data for any expansion or new business; creates, organizes, and maintain files using database and spreadsheet programs; retrieves and organizes data into required reporting formats; collects, retrieves, and organizes data to identify financial discrepancies and recommends solutions.
Monitor and evaluate operation effectiveness and recommend changes for improvement to strengthen the organization structure and staffing requirements.
Prepare all required reports for OSV, MediCal Audit, Annual Audit and all other audit required.
Identifies business trends, conducts root cause analysis of business problems, draws conclusions about business operations, and suggests changes or improvements to improve performance, efficiency, quality, or compliance of operations.
Improves financial performance by identifying opportunities to improve operations, initiating and sometimes leading that change within finance or cross functionally.
Any other duties or responsibilities as requested by CFO.
1. HIPAA compliance – responsible for maintaining abreast of and in compliance with all HIPAA regulations and requirements. Treats all member information confidential.
2. Compliance – Ensure compliance with all local, state and federal regulations.
3. QA/QI – Participate in QA/QI activities and contribute towards the overall performance improvement of the organization.
4. IT – Required learning and using the Electronic Health Records and Practice Electronic System and its components. As required by the job functions and highlighted in the Policies and Procedures.
Qualifications, Education, and Experience:
Bachelor’s Degree with major in Accounting/ Finance.
Knowledge of Generally Accepted Accounting Principles and procedures in non-profit accounting.
Proficient in Microsoft Suite (Excel and Access).
Knowledge and understanding the principles and techniques of budget preparation, administration, statistical methods, technical writing, and related record keeping.
Ability to communicate and maintain an effective working relationship with staff and funding agencies’ personnel.
Ability to operate independently, supervise personnel and train business unit personnel when necessary.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We participate in E-Verify.