Sr. Financial Executive

Must-haves:

• Minimum of three (3) years of experience as the senior financial executive in an investor-owned medical group / organization setting

• Bachelor’s degree in accounting or finance and the knowledge of generally accepted accounting principles

Nice-to-haves:

• CPA and/or MS Degree

• Local candidate

ESSENTIAL RESPONSIBILITIES / DUTIES:

• Administers the general accounting, financial, and statistical reporting functions of the Medical Group in accordance with established policies and accounting procedures.

• Administers the physician compensation program in accordance with the contract parameters.

• Develops the annual budget for the Medical Group in accordance with short and long-range plans of the Medical Group and Health System.

• Continuously review internal controls in the Medical Group and implement enhancements where indicated.

• Trains subordinates in the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.

• Assists the VP of Physician Services and Hospital CFO in the development of long and short-range operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses.

• Prepares cash flow analyses and budget variance analyses.

• Assists with month end closing as needed.

• Monitors, interprets, and analyzes Medical Group financial performance in realizing established plans and objectives of the hospital.

• Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action.

• Directs the preparation of internal financial reports including work papers for annual financial audit.

• Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.

• Assumes a lead role in analyzing and exploring means of reducing Medical Group operating costs and increasing revenues based on knowledge of market trends, financial reports, and operating procedures.

• Responsible for direction and submission on a timely basis all financial data and associated reports required by government and other regulated agencies, public disclosure reports and third-party payor cost reports.

• Analyzes, accesses, and implements cost accounting rules utilizing appropriate methodologies to accurately capture and maintain procedural costs for Medical Group operations.

• Educates internal and external customers on the methodologies behind cost accounting data and appropriate usage.

• Directs financial reporting and analysis utilizing decision support data.

• Responsible for monthly operating report summary working with VP Physician Services and practice operations team.

REQUIRED EXPERIENCE:

• Minimum of three (3) years of experience as the senior financial executive in a medical group setting.

• Minimum of three (3) years of progressive management experience in an investor-owned healthcare organization Required

• Must be a strong, hands-on, and approachable leader who understands the value of being a team-player and have an outgoing and friendly personality.

• Must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

EDUCATION:

Bachelor’s degree in accounting or finance and the knowledge of generally accepted accounting principles, and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.

Preferred:

CPA and/or master’s degree strongly preferred.

BONUSES:

*Sign-on bonus of $2000 only when you apply via SSA & subject to remaining in role for 91+ days

NEXT STEPS:

• Phone Screen with Hiring Manager

• Virtual Team Interview