Director Financial Services

Company:  LIFESPACE COMMUNITIES INC
Location: Mequon
Closing Date: 20/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
Location field must contain 'city, state' or a zip code to perform a radius search (e.g., Denver, CO or 46122).JOB REQUIREMENTS:Community: Newcastle PlaceAddress: 12600 N Port Mequon, Wisconsin 53092Pay Range: $87,800.00 - $120,712.50+ AnnualLive your purpose. Grow your career. Thrive through teamwork. Create meaningful, personalized experiences. At Lifespace, team members are at the center of delivering a purpose-driven experience for our residents! We provide an environment where each team member can live their aspirations, developing in their career, making a difference, and being a part of a meaningful mission. Join our outstanding team as our new Director of Financial Services today!A few details about the role:Act as the liaison between the support center accounts payable department and the community; train and assist team members on the software, complete new vendor request forms when needed.Communicates finalized budget numbers to department heads and educates regarding meaning.Monitors budget expenses throughout the year.Coordinates financial approval for incoming Entrance Fee residents.Manages Entrance Fee residents' closings by attending closing, depositing checks, and submitting paperwork to the support center.Tracks and requests Entrance Fee refunds for departing residents.Responsible for coordinating hardship requests for applicable residents between the community and support center for approval.Responsible for oversight of the revenue cycle at the community; understands the residents' agreements to ensure charges are accurately invoiced each month, statements are provided to the residents timely, payment is collected timely, and cash is appropriately posted.Ensures billing checks and balances are followed, including but not limited to the balancing of the daily census, monthly billing, etc.Ensures pre-collection of any applicable payments for incoming residents are followed through.Proactively manages DSO rates and follows collection procedures to obtain payments and reduce DSO.And here’s what you need to apply:Bachelor's degree in accounting, management, business, or related field; or equivalent combination of education, training, and experience.Minimum of three years of CCRC experience.At least 2 years of accounting experience that includes Medicare processing and rules and regulations.Extensive knowledge of the financial implications and the state insurance rules and regulations governing Entry Fee communities and similar arrangements. #J-18808-Ljbffr
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LIFESPACE COMMUNITIES INC
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