Director of Finance

Current Career • Prescott Valley, AZ

4d • Hybrid

About The Position

The Director of Finance is a strategic and operational leader responsible for overseeing Polara Health’s financial management, reporting, and compliance functions. This role supports the CFO in driving financial sustainability for a mission-driven behavioral health organization serving diverse communities. The Director ensures accurate financial reporting, strong internal controls, regulatory compliance, and data-driven decision-making. This leader partners closely with operations, revenue cycle, and clinical leadership to optimize financial performance in a complex, primarily Medicaid-funded environment.

Requirements

• 21 years of age or older; or minimum 18 years old and licensed or certified under A.R.S. Title 32 and providing services within the personnel member’s scope of practice; or minimum 18 years old for select administrative positions
• Must be able to provide or obtain an AZDPS Level One Fingerprint Clearance Card
• Must possess and maintain a valid Driver License, current automobile insurance, and a driving record that meets the guidelines and requirements of the organization
• Bachelor’s degree in Finance, Accounting, or related field
• 7–10+ years of progressive finance/accounting experience
• 3+ years in a leadership or management role
• Strong knowledge of GAAP and financial reporting
• Experience with budgeting, forecasting, and financial analysis

Nice To Haves

• Experience in behavioral health, healthcare, or nonprofit sectors
• Familiarity with Medicaid reimbursement, grant funding, and value-based care
• CPA, MBA, or equivalent advanced certification
• Experience with ERP systems and healthcare financial reporting tools

Responsibilities

• Oversee preparation of monthly, quarterly, and annual financial statements in accordance with GAAP
• Ensure timely and accurate financial close process
• Lead variance analysis and provide actionable insights to executive leadership
• Develop dashboards and KPIs to monitor organizational performance
• Lead the annual budgeting process across departments
• Develop and maintain rolling forecasts
• Partner with operational leaders to align financial plans with programmatic goals
• Analyze service line profitability, payer mix, and cost structures
• Ensure compliance with federal, state, and local regulations , including Medicaid and grant requirements
• Manage the annual external audit and coordinate responses
• Oversee preparation of required filings (e.g., IRS Form 990, cost reports, grant reporting)
• Maintain strong internal controls and financial policies
• Monitor collections, denials, and cash flow trends
• Improve financial performance tied to billing and reimbursement
• Support analysis of clean claims, net collection rates, and payer performance
• Provide financial modeling for new programs, expansions, and value-based care initiatives
• Oversee cash flow planning and liquidity management
• Monitor operating cash, reserves, and investments
• Ensure proper management of banking relationships and financial risk
• Supervise and develop finance staff (e.g., accounting, AP/AR, payroll where applicable)
• Foster a culture of accountability, continuous improvement, and mission alignment
• Build bench strength and succession planning within the finance function
• Support long-term financial strategy and sustainability planning
• Participate in executive leadership discussions and board reporting
• Provide financial due diligence for partnerships, grants, and new service lines

Benefits

• Medical
• Dental
• Vision
• Short and Long Term Disability
• Life Insurance
• Health Savings Account
• Flexible Spending Account
• Employee Assistance Program
• 401(k)
• Up to 3 Weeks of Paid Time Off
• 10 Paid Holidays per Year
• Shift Pay (for select inpatient and residential positions)
• Educational Reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Director