Director of Finance

Missions Inc Programs•Plymouth, MN

About The Position

The Finance Director is responsible for overseeing the facility financial operations, including accounts payable and receivable. The Finance Director is responsible for managing all the facility billing, posting and collection processes including private insurance, private pay, Medicare, managed care, and Medicaid. Job duties also involve handling refunds for accounts receivable, maintaining Medicaid logs, and helping process Medicaid applications. This role also oversees the Receptionist position. Conduct consistently reflects the facility’s mission and values.

Requirements

Bachelor of Business Administration preferred.
Degree in Accounting or Medical Billing preferred.
3-5 years prior medical billing experience required.
Excellent organizational skills required.
Ability to prioritize duties.
Excellent interpersonal skills required
Ability to manage multiple projects with competing deadlines.
Technical abilities to work with Microsoft, Excel spreadsheets and facility AR/AP programs.
Must be able to pass a State of Minnesota Department of Human Services criminal background study, as well as a United States Office of the Inspector General Exclusion search.

Responsibilities

Attend meetings to review discharges, admits, and payer changes.
Ensures adequate insurance coverage prior to approval for both long term and short-term admissions.
Make appropriate payer change in Accounts Receivable System and update Matrix Care Enterprise system.
Make deposits, as scheduled, per facility policies and procedures.
Post remit within 48hrs of receipt. This includes all Medicare, Medicaid, Managed Care and Insurance payments.
Track all billing and follow-up on all unpaid accounts.
Bill and receive private pay balances by the 5th business day of the month.
Submit all Managed Care/HMO claims by the 5th working day of the month.
Oversees management and reconciliation of Resident Trust Accounts.
Maintains attendance/tardy records for direct reports and collaborates with Human Resources Director regarding disciplines, performance issues, and terminations.
Ensures any information related to personnel files is forwarded to Human Resources Director for appropriate filing.
Conducts performance reviews for direct reports, at least annually.
Treats and ensures that residents are treated with respect and dignity
Protects organization’s value by keeping patient information confidential
Follow standard precautions, facility safety policies, and works within OSHA guidelines.
Attends in-services education and staff meetings as required.
Immediately reports any suspected abuse or neglect per facility policy
Is familiar with fire and disaster regulations and procedures, participates in drills.
Reports any equipment malfunctions to designated employee, including knowledge of Lockout/Tagout Policy and Procedure.
And other duties as assigned