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Director, Finance & Compliance

Westminster-Canterbury on Chesapeake Bay Virginia Beach, VA

18d ago

Full time Finance Director Senior Accounting

Finance Director Senior Accounting

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Job Description

Westminster-Canterbury on Chesapeake Bay seeks a seasoned Director of Finance & Compliance to steer the strategic financial direction and comprehensive regulatory oversight for the Senior Options line and its external partner organizations. This onsite leadership role covers multi-site home health, hospice, and home care operations, requiring close collaboration with the CEO, CFO, and community leaders to ensure governance excellence and sustainable financial performance.

Responsibilities

Direct the Senior Options Finance group, including the financial accounting manager, billers, and planning for future roles, while keeping all financial operations aligned with compliance standards.
Lead on-site proforma discussions for Senior Options and oversee the development and production of each proforma.
Engage with the CEO, CFO, and community leaders to establish assumptions and ensure regulatory alignment throughout planning processes.
Provide strategic financial guidance to Senior Options Partners, incorporating positioning and annual budgeting with compliance cost considerations.
Participate in monthly partner operations calls, delivering strategic and tactical input to improve financial performance while monitoring compliance metrics and regulatory adherence.
Support business development by joining prospect calls and other activities, ensuring compliance considerations are integrated into new partnerships.
Manage vendor relationships (for example, the billing team at Forvis) and indirectly supervise Compliance staff and contractors as needed.
Maintain and collaborate with key internal relationships by advising the C-suite and Administrators at Senior Options affiliate agencies.
Coordinate activities with the WC Bay CFO and Director of Finance.
Partner with the Business Development team on regulatory requirements for new partnerships.
Negotiate and manage partner advisory service agreements and renewals, ensuring contracts meet regulatory standards and include compliance oversight provisions.
Negotiate major purchasing contracts for Senior Options, ensuring vendor compliance with healthcare regulations; collaborate with the WC Bay CIO and Senior Options leadership on purchasing decisions.
Maintain a comprehensive compliance program with policies, procedures, training, monitoring, and reporting to meet CMS regulations, state healthcare laws, and accreditation standards.
Participate in Senior Options strategic planning, team meetings, and compliance committee activities as needed.
Collaborate with the President and Sr. Director of Business Development to update the long-range financial plan for Senior Options, factoring in compliance risk assessments and regulatory changes.
Attend and present at Board meetings for Senior Options and Westminster Canterbury at Home; provide financial reporting and compliance updates to Board Committees.
Represent Senior Options at state and national associations, trade events, and regulatory meetings to stay current with industry compliance requirements.
Ensure organizational compliance with WC Bay employee guidelines, policies, procedures, and all applicable government regulations governing WC Bay and its subsidiaries.
Develop and maintain compliance monitoring systems including audit protocols, corrective action plans, and regulatory reporting requirements.
Oversee compliance training programs for all partner organizations and ensure staff competency in regulatory requirements.
Maintain partner profitability and financial sustainability while achieving budget targets and forecasting accuracy.
Demonstrate cost-effective compliance program management and maintain 100% regulatory compliance with no significant deficiencies or sanctions.
Ensure successful completion of regulatory audits, effective team development, strong partner satisfaction, and the execution of strategic initiatives.

Requirements

Bachelor’s degree in finance, business administration, healthcare administration, or a related field; a Master’s degree is preferred.
Proven track record of strong operational and financial results in leading home health and hospice operations.
Minimum 10+ years of healthcare finance or operations leadership experience.
Advanced financial analysis and modeling capabilities.
Proficiency in healthcare financial systems.
Strong communication and relationship-building skills with boards and C-Suite executives.
Experience overseeing multi-site home health and hospice operations.
Professional certifications preferred: CPA, CMA, CHC (Certified in Healthcare Compliance), or CHFP (Certified Healthcare Financial Professional).
Comprehensive knowledge of healthcare regulations including CMS Conditions of Participation, OASIS, HIS, EVV.
Experience with healthcare compliance frameworks and risk assessment methodologies.
Proficiency in compliance monitoring tools and electronic health record systems.
Demonstrated compliance management experience in a healthcare setting, including regulatory audits and compliance program development.

Technologies

EHR systems
Compliance monitoring tools

Location

Shore Drive, Virginia Beach, VA, onsite.

Reports To

Direct supervisors: President, Senior Options and VP of External Health Services; Chief Financial Officer.

Working Conditions

Travel required: yes, to partner locations and industry events
Standard office environment with typical business equipment
Occasional extended hours during budget cycles, audits, and regulatory deadlines
Physical demands include prolonged sitting, computer work, and presentation activities

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