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Financial Services Director
2 months ago
The Financial Services Director for ROME GROUP will oversee all financial matters impacting the organization's financial stability. This position holds a key role in managing the agency's 340B program, Revenue Cycle management, Grants Management, fundraising, and donor support. This individual will have daily oversight of fiscal management duties, including bank transactions, accounts receivables, and accounts payable. Leading efforts to expand and generate new revenue, this position is crucial to developing fiscal goals around the agency's main income source (340B) while working to diversify into alternative financial opportunities.
Key Responsibilities:- Oversight and Management of key financial revenue, including 340B, Revenue Cycle management, and grant funding.
- Develop a strategic financial plan for the agency in coordination with the CEO and Board of Directors.
- Conduct internal audits of all financial matters, particularly around 340B and Revenue Cycle Management.
- Support monthly and year-end financial closing.
- Lead all areas of the agency's 340B Pharmacy programming, including policy & procedure development.
- Oversight of Pharmacy contracts and TPA services.
- Auditing and monitoring of revenue in compliance with Federal guidelines.
- Lead interagency 340B team.
- Provide bi-annual staff training and education on 340B program.
- Oversight and lead all matters relating to NOVUS Health 340B program.
- Manage key staff overseeing financial, 340B, and grants services.
- Manage all activities for 340B ensuring compliance with Federal guidelines.
- Work with accountant and department Manager and/or Director to ensure program budgets are reviewed and monitored.
- Engage departments in fund generating opportunities.
- Oversight of grant funds from multiple sources, including federal, State, and foundation funding.
- Manage daily financial activities as required by program(s).
- Develop Policies & Procedures.
- Coordinate and lead the process for 340B internal and external audits.
- Manage all federal, State, and local grant awards.
- Assist in the preparation for annual fiscal audits.
- Work with outside accounting firm to prepare and complete annual 990.
- Maintain confidentiality on all financial matters.
- Projects and other duties as assigned.
- Serve as a lead member of the Board of Directors Fiscal subcommittee.
- Provide CEO with outlines of budget findings and monthly reporting.
- Serve as the 340B liaison to all outside board and organizational contacts.
- Conduct all 340B reporting within and outside the financial report.
- Provide comprehensive direction to the CEO and Board.
- Present to the Board of Directors on the financial health of the organization as requested and needed.
- Maintain strong communication with CEO regarding all financial matters.
A Master's degree in business administration, Non-profit management, or related field with direct experience in grants management, 340B program income oversight, revenue cycle management, and diversified funding sources is required. 5+ years of experience in health-related financial matters with specialty knowledge in 340B services is preferred.
