Finance Director

Lifepoint Health • Billings, MT

10d

About The Position

The Finance Director is responsible for the hospital’s overall financial administration, including revenue cycle, general accounting, information systems, and financial reporting in accordance with hospital and corporate policies and procedures. The role ensures adequate internal controls to safeguard facility assets and accounting systems that produce accurate and timely financial reports. It also leads preparation of the annual hospital budget and monitors financial analytics and variances, reporting results to the CEO and corporate office.

The Finance Director oversees business office operations and related functions, including accounting, patient financial services, purchasing, payroll, and other departments as required. The role supports effective revenue cycle operations and cash flow, maintains patient accounts receivable at appropriate levels, ensures accounting compliance and accurate financial reporting, and collaborates with the hospital CEO and corporate finance team on performance goals, audits, budgets, and operating reviews.

Requirements

• Bachelor’s degree in finance, accounting, or a related field required.
• Previous experience in healthcare overall financial operations and controls required.
• Proficiency with Microsoft Office applications.
• Experience using a computer workstation in previous hospital roles.

Nice To Haves

• CPA

Responsibilities

• Supervise and oversee business office staff activities, including billing, collections, financial counseling, utilization review, and data processing.
• Maintain effective revenue cycle processes, manage denials, keep patient accounts receivable at an acceptable level, and support increased hospital cash flow.
• Ensure company policies and procedures are effective and implemented to minimize risk to the facility.
• Ensure compliance with generally accepted accounting principles and applicable local, state, and federal guidelines.
• Ensure accurate capture and posting of financial and daily accounting activity, and timely completion and distribution of monthly financial statements and productivity reports.
• Maintain patient accounts receivable at levels appropriate for the market, payer, and acuity mix, as measured by AR days.
• Contribute to and monitor performance goals and objectives, including EBITDAR targets; analyze variances and develop action plans with the CEO to meet assigned targets.
• Ensure monthly reconciliation of all balance sheet accounts and maintain internal controls that facilitate a clean audit opinion.
• Typically supervise Accounting, Patient Financial Services, Purchasing, Payroll, and other departments as required at the hospital.
• Ensure accurate and timely completion of the month-end financial close; prepare financial statements and monthly operating review reports for co-presentation with the hospital CEO to corporate management.
• Prepare the hospital’s annual operating and capital budgets.
• Assist the corporate finance and accounting team with annual independent audit preparation and execution.
• Prepare daily, weekly, and monthly reports on operating statistics and financial metrics as scheduled or requested.
• Perform other duties as assigned.

Benefits

• Higher education and certification tuition assistance
• Loan assistance
• 401(k) retirement package with company match
• Wellness programs, including free gym memberships, virtual care appointments, mental health services, and discount programs
• Ongoing learning and career advancement opportunities

What This Job Offers

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