Director of Finance & Billing
Job Summary:
A Director of Finance and Billing leads the billing department by developing policies, overseeing the billing and claims processes, managing the billing team, and ensuring the accuracy and timely submission of claims and payments.
Essential Skills:
The ability to lead and motivate teams effectively
Strong skills to analyze data, identify issues, and develop solutions
A keen eye for detail to ensure accuracy in billing and financial records
Excellent written and verbal communication skills for interacting with various stakeholders
Familiarity with billing and financial software, accounting systems, and other relevant tools
Strong knowledge of systems such as Medicaid, Medicare, and grants.
Strong partnership and communication skills
Ability to independently work and be accountable
Ability to research contracts, rules, regulations, and laws and implement into systems
Possess a thorough understanding of accounting practices and principles.
Job Duties:
Leadership
Recruit, train, and manage billing teams, providing guidance and support to ensure performance, establish work priorities, and foster a culture of accountability.
Become familiar with the portfolio service offerings
Create consistent lines of communication
Attend in-house meetings and represent the company at outside meetings as needed.
Process Management
Develop, maintain, and update billing policies, practices, and procedures to ensure efficiency and accuracy.
Assist the organization with applying for, and carrying out, grants in partnership with service leaders
Develop the expertise to assist other organizations with billing and service accounting systems.
Partner with services and business office staff to ensure smooth processes.
Work with Vice Presidents and Service Directors through the process of building the organization’s budget.
Partner with Service Vice Presidents, CFO and CEO to lead audits.
Claims & Payments
Oversee the accurate and timely submission of claims to insurance providers, track payments, and manage accounts receivable and collections.
Bill for services provided using systems like Medicaid, Medicare, and other state and federal funding systems.
Assist with all other billing.
Maintain billings for multiple organizations.
Problem Resolution
Conduct root-cause analysis for complex billing issues, manage denial appeals, and work to improve the revenue cycle.
Internal Controls &Compliance
Implement and maintain appropriate internal controls to safeguard assets and ensure adherence to billing regulations.
Manage internal controls to maintain compliance with relevant regulations.
Ensure records are maintained according to policies and regulations.
Ensure contracts and agreements are stored according to procedures and state and federal requirements.
Reporting & Analysis
Analyze trends in billing and reimbursement, generate reports, and provide insights to improve financial outcomes.
Analyze billing and provide reports and trends
Stakeholder Communication
Collaborate with internal departments and external parties, such as insurance providers, to address billing-related inquiries and issues.
Work with State agencies, managed care organizations, and other funders as needed to ensure accuracy.
Partner with other organizations that we provide services to.
Job Requirements:
A bachelor’s degree in accounting, finance, or business management
Substantial experience in managing a billing department
Non-profit Organizations
Accounting/Auditing
Full-time