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MDI NetworX LLC

DIRECTOR OF FINANCE

Posted 4 Days Ago
In-Office or Remote
Hiring Remotely in United States
Senior level
In-Office or Remote
Hiring Remotely in United States
Senior level
Leads the finance function, overseeing accounting operations, AP, AR, general ledger, reporting, close, budgeting, forecasting, cash flow, controls, compliance, and audits. Manages offshore finance support resources, establishes service levels, develops process documentation and delegation playbooks, and ensures secure handling of sensitive financial data. Partners with the COO on financial planning and operational improvements.
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Job Title

Director, Finance

Reports To

Chief Operating Officer (COO)

Department

Finance

Location

Remote (US Based – CST or EST time zone)

Employment Type

Full-Time, Exempt

Industry

Healthcare Technology / Insurance Services

THIS IS A REMOTE POSITION. We are unfortunately not accepting applications from the following states: CA, CO, NJ, NY, OR, RI, VT, WA, DCCompany Overview

MDI NetworX is a healthcare technology and operations partner serving health plans, payers, providers, benefit administrators, and TPAs. The company's flagship technology product, InsightPro, is an AI-powered workforce analytics platform, offered alongside core operational solutions — delivered through a multi-shore (onshore/offshore/nearshore) delivery model — such as claims administration, provider call center support, digital mailroom management, data capture, member enrollment, business rule configuration, quality assurance, reporting & analytics, and No Surprises Act compliance services.

The company holds HITRUST, ISO, and AICPA certifications and has been recognized on the Inc. 5000 list.

Position Summary

MDI NetworX is seeking a Director, Finance to lead the company's finance function, with responsibility for financial operations, accounting, reporting, close, budgeting, forecasting, cash flow oversight, audit support, financial compliance, and oversight of offshore-supported Finance operations.

Reporting to the COO, this leader will balance strategic financial planning and decision support with disciplined oversight of day-to-day financial operations performed by onshore and offshore resources. The ideal candidate combines strong accounting and financial management expertise with the ability to build scalable processes, controls, documentation, and service expectations in a multi-shore operating model.

Key Responsibilities
  • Oversee core financial operations, including accounts payable, accounts receivable, general ledger, and financial reporting.
  • Ensure timely and accurate month-end and year-end close.
  • Lead budgeting, forecasting, and cash flow oversight in partnership with the COO.
  • Support internal and external audit processes and ensure ongoing financial compliance.
  • Maintain appropriate financial controls, reconciliations, reporting processes, and documentation to support accurate and reliable financial information.
  • Serve as the primary point of oversight for offshore finance support staff, ensuring quality, productivity, and adherence to defined service levels.
  • Develop and maintain clear finance process documentation and playbooks to enable effective delegation of routine and transactional finance tasks to the offshore team.
  • Determine, in partnership with the COO, which finance functions are well-suited for offshore delivery versus those that should remain onshore.
  • Ensure offshore handling of sensitive financial data, including payroll-related financial information, banking data, and other confidential records, meets MDI's data security and compliance standards.
Required Qualifications
  • 5–8 years of progressive Finance or Accounting experience, including experience at a director or senior manager level.
  • Experience managing offshore, outsourced, or distributed teams, ideally within a multi-shore delivery model.
  • Strong working knowledge of core accounting principles, GAAP, financial reporting, reconciliations, and financial controls.
  • Experience with financial systems such as NetSuite or similar platforms.
  • Experience overseeing accounts payable, accounts receivable, general ledger, financial reporting, and month-end/year-end close.
  • Experience with budgeting, forecasting, and cash flow oversight.
  • Strong process design and documentation skills, with demonstrated ability to build playbooks that enable effective task delegation.
  • Excellent judgment and discretion in handling sensitive financial and employee-related financial information.
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • Willingness to travel occasionally for in-person collaboration, given the hybrid work arrangement.
Preferred Qualifications
  • Experience in healthcare, insurance, or B2B services industries.
  • CPA, or progress toward CPA certification.
  • Experience building a Finance shared-services or offshore support model from the ground up.
  • MBA, master's degree in Finance or Accounting, or equivalent advanced degree.
What Success Looks Like
  • Finance operations run smoothly with clear, well-documented delegation between onshore and offshore teams.
  • Financial compliance and control risks are proactively identified and managed.
  • The offshore finance support team consistently meets defined quality, productivity, and service-level standards.
  • Month-end and year-end close, reconciliations, and financial reporting are completed accurately and on schedule.
  • Budgeting, forecasting, cash flow visibility, and financial accuracy improve measurably as the finance function matures.
Compensation & Benefits

MDI NetworX offers a competitive compensation package, including base salary commensurate with experience, along with a comprehensive benefits program.

Equal Opportunity Employer

MDI NetworX is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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