Director of Finance

L.O. Eye Care is seeking a full-time Director of Finance in our East Lansing, MI location. The Director of Finance is responsible for overseeing the financial operations and financial planning of L.O. Eye Care. The Director of Finance identifies solutions to financial issues and provides financial advice and support for key board-level decisions.

Job Responsibilities:
• Analyze, evaluate and report on financial performance of organization with regard to operational goals, budgets and forecasts.
• Provide insight and recommendations on financial impact of both short-term and long-term plans for the organization.
• Recommend and monitor yearly financial objectives that align with the Company’s strategic plan.
• Implement policies, procedures and processes as deemed appropriate to ensure financial and regulatory compliance.
• Prepare and present monthly/quarterly and annual financial budgeting reports including Board report with financial update, profit and loss by location, and forecast vs. budget by location.
• Review and analyze monthly financial results, identify potential problem areas, and provide recommended corrective action plan.
• Ensure timeliness and accuracy of financial and management reporting data for the board of directors, executive leadership team, and applicable third parties, including state regulators, auditors and the practice’s tax advisor.
• Ensures payroll is processed accurately and in a timely manner.
• Develop and implement action plans to proactively respond to changes in state and federal regulations.
• Manage quarterly and annual provider compensation adjustments in accordance with established formulas and agreements.
• Functions as the supervisor for the Finance department with duties as follows:
• Develops written procedures regarding handling of cash, dispersements, purchasing, capital equipment acquisition, payroll, bank deposit procedures, cash controls, etc. Implements and monitors for compliance.
• Assigns work and makes daily changes to duties per staff availability.
• Selects, orients and trains assigned staff.
• Evaluates staff performance, recommends merit increases and disciplinary actions.
• Assists with establishing and implementing new policies and procedures for the department and making recommendations for improvement.
• Assures the day-to-day operations of the team are performed in a manner that facilitates a smooth, efficient and effective process.
• Serves as member of Employee Retirement Plan Committee. Works closely with Executive Director to recommend the annual profit sharing contribution.
Specific Skills, Knowledge and Abilities:
• Advanced skill in finance, financial analysis, forecasting, budgeting, inventory accounting, financial reporting, GAAP knowledge, and finance and accounting compliance.
• Ability to produce financial and compliance related deliverables, both internally and externally to regulators and third party auditors.
• Advanced Excel skills, high degree of computer literacy, ability to learn new software, and strong knowledge of Microsoft Office Suite.
• Excellent verbal, written, interpersonal, and presentation communication skills, including the ability to communicate complex numerical data effectively, and clearly relay information to ensure an understanding to both technical and non-technical audiences.
• Must possess and demonstrate the necessary discretion in dealing with confidential information.
• Ability to produce financial and compliance related deliverables, both internally and externally to regulators and third party auditors.
• Advanced Excel skills, high degree of computer literacy, ability to learn new software, and strong knowledge of Microsoft Office Suite.
• Supervisory skills that support the development of supervised staff and create an environment which fosters accountability and innovation.
• Excellent organizational skills; problem-solving skills; analytical skills; critical thinking skills; and multi-tasking skills.
• Conscientious – Ability to feel obligated to do right or be good along with awareness of one’s own conduct, intentions or character; meticulous; careful.
• Teamwork – Ability to work well in groups, develop positive working relationships, help resolve conflict, and support team goals.
• Adaptable – Ability to adapt to change, be open to new ideas, handle pressure and uncertainty, and adjust work plans to meet changing company needs.
• Trustworthy – Ability to be worthy of confidence and create assured reliance on the character, ability, and truth of themselves.
Required Qualifications:
• Bachelor’s Degree in Accounting or Finance
• Minimum of seven (7) years of Finance experience
• Minimum of three (3) years of management experience
• Previous profit and loss responsibility in an organization of similar asset size and complexity
Desired Qualifications:
• Certified Public Accountant
• Health Care finance experience


Employment Application

  • L.O. Eye is an equal opportunity employer and it is our policy to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, age, disability, marital status, citizenship or anything else protected by law. Should an applicant need reasonable accommodation during the application and/or interview process, please notify the Human Resources office.
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