Director, Finance & Compliance

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