Director of Finance
LifePoint Health
Job Description Facility: Texas Rehabilitation Hospital of Denton Schedule: Full Time Join us in opening Texas Rehabilitation Hospital of Denton, a brand-new 40 bed rehabilitation hospital opening in spring of 2027! Your experience matters Texas Rehabilitation Hospital of Denton is part of Lifepoint Health, a diversified healthcare delivery network with facilities coast to coast. We are driven by a profound commitment to prioritize your well-being so you can provide exceptional care to others. Byjoining our team, you're embracing a vital mission dedicated to making communities healthier ®. Join us on this meaningful journey where your skills, compassion and dedication will make a remarkable difference in the lives of those we serve.
How you'll contribute The Director of Finance is responsible for overall financial administration of the hospital, including revenue cycle, general accounting, information systems and financial reporting in accordance with all hospital and corporate policies and procedures. Ensures that internal controls are adequate to safeguard facility assets and that accounting systems are sufficient to generate accurate and timely financial reports. Also responsible for preparation of the annual hospital budget along with ongoing analytics monitoring any variances and reporting to CEO and corporate office. A Director of Finance who excels in this role:
How you'll contribute The Director of Finance is responsible for overall financial administration of the hospital, including revenue cycle, general accounting, information systems and financial reporting in accordance with all hospital and corporate policies and procedures. Ensures that internal controls are adequate to safeguard facility assets and that accounting systems are sufficient to generate accurate and timely financial reports. Also responsible for preparation of the annual hospital budget along with ongoing analytics monitoring any variances and reporting to CEO and corporate office. A Director of Finance who excels in this role:
- Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital's cash flow (including management of denials).
- Ensures that company policies and procedures are effective and implemented to assure minimal risk to the facility.
- Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required.
- Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures that monthly financial statements and regular productivity reports are completed and distributed on a timely basis.
- Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days).
- Contribute to and monitor performance goals and objectives (EBITDAR target). Analyzes variances and with CEO, develops action plans to achieve assigned targets
- Ensures all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion.
- Ensures that month-end financial closing process is completed accurately and timely; prepares financial statements and monthly operating review reports to co-present with the hospital CEO to corporate management.
- Comprehensive Benefits : Multiple levels of medical, dental and vision coverage for full-time and part-time employees.
- Financial Protection & PTO : Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
- Financial & Career Growth : Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
- Employee Well-being : Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
- Professional Development : Ongoing learning and career advancement opportunities.
- Opening a Brand-New Hospital : Join a team of accomplished leaders to open a brand-new hospital, built from the ground up with cutting edge technology.
- Bachelor's degree in finance or accounting or related field required. CPA preferred.
- Previous experience in healthcare overall financial operations/controls required.
Vacancy posted 1 day ago
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