Business Manager

Sunrise Senior Living

About The Position

When you join Sunrise Senior Living, you will be able to use your unique skills to empower residents to live longer, healthier, and happier lives. Not only will you build meaningful relationships with residents, their families, and team members alike, you will also gain joy in serving others and deep fulfillment in your work. Explore how you can follow your passions and shed light on meaningful ways to serve, grow, and shine together. Sunrise Senior Living was again certified as a Great Place to Work® by Activated Insights. This is the 8th time Sunrise has received this top culture and workplace designation, highlighting the special place Sunrise is to be a part of. The Business Manager is responsible for assisting the community with accounts receivable and related business processes such as accounts payable system management and adherence to Sunrise business process controls and oversight of support staff as applicable.

Requirements

Competent in organizational, time management skills
Ability to handle multiple priorities
Ability to delegate assignments to the appropriate individuals based on their skills, roles and interests
Possess written and verbal skills for effective communication and the ability to facilitate small group presentations
Demonstrates good judgment and problem solving and decision-making skills
Bachelor’s or Associate’s degree in Accounting or related field preferred; or extensive experience (5 years) in the accounting field
One (1) year supervisory and management experience which may include coaching, performance management, responsibility of daily department operations
Demonstration of proficiency in computer skills, Microsoft Office & Sunrise applications with the ability to learn new applications

Responsibilities

Maintain the community’s accounts receivable system per Sunrise Policy.
Responsible for the resident monthly billing, resident billing account maintenance and processing, auditing and mailing billing statements per Sunrise policy and accounting schedules.
Review and resolve resident billing discrepancies.
Manage the collection, safeguarding and processing of cash receipts.
Maintain accounts receivables aging schedule and collections efforts on past due accounts.
Reconcile census days at month end.
Maintain resident financial files in accordance with Sunrise policy.
Compile charges for all ancillary services, such as but not limited to barber, beauty, guest meals.
Record census day, base rate, level of care (LOC) and ancillary revenues into the PeopleSoft General Ledger system.
Develop and maintain current knowledge of Medicare/Medicaid requirements to properly process billing and regulatory reporting (if applicable at community).
Ensure the monthly Medicare billing packet is assembled accurately and completely each month and submitted timely to the Medicare Billing department at Headquarters.
Maintain the community’s accounts payable system according to Sunrise policy and procedures.
Supervise and ensure the proper approval, coding and processing of invoices.
Maintain the departmental PRD checkbook each month and ensure expenses incurred but not invoiced or paid within the current accounting period are properly accrued.
Process fixed asset purchases for approved projects/purchases.
Monitor all community key business controls each month and ensure they are executed in accordance with Sunrise policy.
Reconcile and control cash accounts for resident deposits and petty cash, if applicable; responsible for timely bank deposits.
Maintain daily manual census and reconcile month-end census to the Answers on Demand (AOD)/Basis billing system.
Assemble the Monthly Key Controls Checklist and review for completeness and accuracy. Follows up with community team leaders on noted exceptions to Sunrise policy.
Prepare the balance sheet reconciliations as applicable each month in accordance with department policy.
Assist in the presentation and value of Sunrise’s products and services for our residents, families and team members and targeted referral sources.
Meet all financial close deadlines; pull and analyze pre-close reports each day to validate results.
Provide necessary schedules, reports, and reconciliations to support the owner and financial audits.
Manager the business office, including but not limited to: training, coaching and disciplining.
Conduct timely performance appraisals with meaningful conversations.
Hold team accountable and correct actions when necessary and document for record keeping.
Attend regular meetings; Stand Up, Cross Over, Department Head Meetings, Town Hall, Quality Improvement, and others as directed by the Executive Director.
Keep abreast of professional developments in the field by reading, attending conferences and training sessions.
Maintain compliance in assigned required training and all training required by state/province or other regulating authorities as applicable to this role to ensure that Sunrise standards are always met.
Perform other duties as assigned.