Job Description

ESSENTIAL JOB FUNCTIONS

Essential Duties and Responsibilities:

• Direct, oversee, and manage all financial activities of Garvey Manor Nursing Home, including accounting, budgeting, financial planning, payroll, purchasing, and reimbursement functions.


• Develop and implement financial policies, procedures, and internal controls to safeguard organizational assets and ensure compliance with federal, state, and local regulations.


• Prepare, analyze, and present accurate and timely financial statements, reports, and forecasts for the Executive Director/CEO, Board of Directors, and other stakeholders.


• Consult with and advise the Treasurer of the Corporation and Board of Directors’ Finance Committee on matters relating to financial management and development.


• Lead the preparation of annual operating and capital budgets; monitor performance against budget and recommend corrective actions as needed.


• Manage cash flow and liquidity to ensure operational stability and long-term sustainability.


• Oversee billing, accounts receivable, and accounts payable functions, ensuring accuracy, timeliness, and compliance with reimbursement regulations, including Medicare and Medicaid.


• Collaborate with department heads to evaluate financial performance, monitor expenses, and provide guidance on cost controls and resource allocation.


• Develop financial strategies to support facility growth, strategic initiatives, and capital projects.


• Ensure proper completion of audits, cost reports, and financial reviews by external agencies, including auditors, lenders, and government authorities.


• Monitor and report on trends in healthcare finance, reimbursement, and funding that impact the facility’s operations.


• Supervise and mentor members of the Finance Department, fostering professional development and a culture of accountability.


• Advise the Executive Director/CEO and leadership team on financial implications of business activities, strategic opportunities, and risks.


• Serve as a member of the Corporate Compliance and Ethics Committee.


• Serve as liaison with banks, investment managers, auditors, insurance providers, and other financial partners.


• All other duties as assigned

General

• Respond to fire alarms and emergency events as required (refer to Emergency Preparedness Manual for employees’ responsibilities and those that are specific to your position.


• Treat all residents fairly, with kindness, dignity and respect. Maintain confidentiality of all resident and facility information.


• Report all complaints, concerns made by the resident, allegations of abuse or neglect to direct supervisor or the RN Supervisor.


• Responsibly report and/or respond to any concerns according to established procedures.

POSITION QUALIFICATIONS

• Bachelor’s degree in Accounting, Finance, or related field required; Master’s degree or CPA strongly preferred.


• Minimum of 5–7 years of progressive financial leadership experience, preferably in long-term care, healthcare, or nonprofit sector.


• Strong knowledge of GAAP, healthcare reimbursement systems, and financial regulations.


• Demonstrated success in strategic financial planning, budget management, and team leadership.


• Excellent analytical, problem-solving, and communication skills.


• Proficiency in financial management systems, accounting software, and Microsoft Office Suite.

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