Director of Finance

Company: Element Care
Location: Lynn
Posted on: May 1, 2025

Job Description:

Great Life work Balance position with excellent benefits!--The Director of Finance will lead the finance team as well as partner with other departments within the organization as a trusted finance business partner. The Director will have direct supervision of all accounting, money management, financial planning and analysis functions. Directs financial resources and ensures operations comply with financial regulations and standards.--This is a full-time position, Monday- Friday 8-4 position; no nights, weekends or holidays!Location: Lynn, MAResponsibilities:Oversees daily fiscal operations and provides guidance to the Finance & Accounting department, including, but not limited to, accounting, budget, credit, risk, tax and treasury.As part of the annual budgeting process, leads the budget development and discussions with departments in junction with the CFO and partners with other departments to evaluate the needs and align the needs with organizational strategyProvides oversight and monitors cash flow, control expenses, and management of debt.Develops financial modeling and analytical tools to measure and forecast the impact of various business scenarios, risks, and changes.Develops processes and policies, and controls to define operational standards and ensure accurate, timely, and compliant financial operations.Presents monthly financials to Senior Leadership TeamPresents cost saving ideas and trend analysis with Medical Cost Management CommitteeResponsible for the monthly close processMonitors & analyzes monthly operating costs against budget to identify and explain variancesAnalyzes Medical Trend on a monthly basis, cost and revenue trends to identify improvement opportunities and support Medical Cost Management effortsBuilds and maintains forecast models that allow for scenario analysisPrepares financial analysis for contract negotiations and product investment decisions--Provides financial analysis tools to evaluate organization ventures or special projects, programs, capital expenditures, products costing, etc.--Ensures compliance with local, state and federal financial regulations and reporting requirements--Works with CFO to develop short and long term financial plans--Oversees and coordinates any audits by outside entities--Creates monthly/quarterly reports for CFO, Executive Director & Board of Directors--Processing of all 1099s for the business at year end--Recruits, develops, manages and motivates staff. Initiates and communicates a variety of personnel actions including employment, termination, performancePerforms other duties as assigned--Qualifications:Bachelor Degree in accounting or finance requiredCPA license and/or MBA is preferred and/or Investment Banking experience a plusMinimum 5 years of relevant accounting experience--Possess advanced skill level in Microsoft Office and accounting software.--Minimum 2 years of experience in managing people--Ability to think analytically and strategicallyPossess strong verbal, written and interpersonal communication skills--Ability to read, analyze, and interpret governmental regulations--Experience in a healthcare or insurance environment preferredBenefits:Health insuranceDental insuranceVision insurancePaid time offRetirement planSupplemental benefits--EEO StatementElement Care is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, sexual orientation, protected veteran status, or on the basis of disability.Element Care is committed to valuing diversity and contributing to an inclusive working environmentPI6cd49b3ea66d-25660-37503764

Keywords: Element Care, Waltham , Director of Finance, Accounting, Auditing , Lynn, Massachusetts