Financial Services Manager

Healthcare Services Group, Inc.

$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or related field
  • 3 to 5 years of experience in accounts receivable management
  • Excellent communication and negotiation skills
  • Ability to work autonomously and as part of a team
  • Proficiency in financial software and Excel
  • Prior experience in long-term care and knowledge of Medicare/Medicaid is preferred
  • Familiarity with bankruptcy processes

Responsibilities

  • Monitor and manage financial performance of client accounts
  • Engage clients to negotiate favorable receivables terms
  • Identify overdue accounts and initiate collection efforts
  • Conduct credit/risk analysis and prepare Aged Trial Balance reports
  • Implement risk management measures in collaboration with teams
  • Understand industry dynamics to foresee collection challenges
  • Handle customer service inquiries related to billing and collections

Benefits

  • Comprehensive healthcare and dental insurance
  • 401(k) retirement savings plan
  • Professional development opportunities
  • Collaborative and supportive team environment
  • Opportunities for career growth and advancement
Full Job Description
Overview

Position Title: Financial Services Manager

Department: Financial Services/ Revenue

Reports To: Senior VP of Financial Services

Status: Exempt/ Full Time/ Hybrid *

Position Summary

The FSM is assigned to a portfolio of commercial accounts and is responsible for all aspects of billing, credit, and collections for those accounts. The successful candidate will play a crucial role in maintaining the financial health of our organization by engaging with clients, identifying potential issues, and developing strategic plans to minimize risks and optimize receivables collection. This role requires a combination of experience, creativity, and strong verbal and written communication skills.

Position Responsibilities

Client Engagement:
  • The Financial Services Manager works with the sales, operations, legal, HR, and finance teams to ensure that the financial performance of the company's clients is monitored and proactively managed.
  • Engages with clients to understand their financial status and potential challenges in order to negotiate favorable terms for receivables collection.
  • Monitors accounts receivable aging reports to identify overdue accounts and coordinates follow-up, clarification, and collection efforts.

Risk Management:
  • Executes credit/risk analysis to assess client financial stability and prepares Aged Trial Balance reports, conducting necessary financial research to support decision-making processes.
  • Collaborates with internal teams to implement risk management measures.
  • Develops a keen understanding of industry dynamics, especially in Long Term Care and Medicare/Medicaid reimbursements, to anticipate challenges and opportunities for account collection.

Communication:
  • Handles customer service calls related to billing and collections with a focus on excellence.
  • Engages in tactful communication with internal stakeholders and external clients with the ability to discuss intricate financial details clearly and concisely
  • Consistently demonstrates strong written and verbal communication skills

Travel:
  • Client meetings as needed
  • Conferences


Available Benefits for All Employees

  • Competitive salary
  • Comprehensive healthcare and dental benefits
  • 401(k) retirement plan
  • Professional development opportunities
  • Work in a collaborative and supportive team environment
  • Opportunities for career growth and advancement


Benefits Link

Click here for more benefits information

or copy this link: https://go-internal.hcsgcorp.com/l/[redacted]/2025-07-02/5xbpsq/[redacted]/[redacted]6MrQym5A/Employee_Benefits_for_Job_Descriptions__7_.pdf

*Not available in AR.

Qualifications

  • Bachelor's degree in Finance, Accounting, or a related field.
  • 3 to 5 years of proven experience in accounts receivable management and risk mitigation.
  • Excellent communication, negotiation, and customer service skills.
  • Ability to work independently and collaboratively in a team environment.
  • Proficiency in relevant software and financial tools such as Excel
  • Prior experience in the long-term care industry is highly desirable, along with an understanding of Medicare/Medicaid reimbursements
  • Familiarity with the bankruptcy process
  • Strong entrepreneurial spirit
  • Demonstrates integrity and handles private records and sensitive material with strict discretion


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