Director of Finance Overview • The Director of Finance oversees financial operations, ensuring compliance and strategic alignment with organizational goals. • Leads financial planning and analysis for a high-growth physician group, fostering impactful decision-making. • Develops and implements financial policies, ensuring adherence to regulatory requirements and internal controls. • Prepares and presents financial statements and budgets to senior management and the board. • Manages reimbursement, patient accounting, and general accounting functions, ensuring operational efficiency. • Collaborates with leadership to align financial strategies with organizational objectives. • Provides mentorship and training to departmental staff, fostering professional growth. • Ensures compliance with fiscal reporting requirements, including tax and governmental regulations. • Promotes a culture of stewardship and respect for organizational resources. Director of Finance Key Responsibilities & Duties • Develop and implement financial policies and procedures, ensuring compliance with regulations. • Prepare annual budgets and analyze monthly financial statements for strategic decision-making. • Supervise reimbursement, patient accounting, and general accounting operations. • Analyze costs and recommend rates to ensure appropriate income and cash flow. • Review billing and collection patterns, implementing corrective actions as needed. • Ensure compliance with third-party payer rules and regulations, including Medicare requirements. • Monitor departmental budgetary performance and internal controls for operational efficiency. • Lead departmental objectives, staffing, and performance evaluations to maintain quality service. • Support management staff in financial management matters, fostering collaboration and growth. Director of Finance Job Requirements • Bachelor of Science (BS) in Finance, Accounting, or related field required. • Minimum of 6 years of experience in finance, with 10 years preferred. • Proven expertise in financial planning, analysis, and compliance within healthcare or similar industries. • Strong leadership skills with experience managing teams and departmental objectives. • Knowledge of third-party payer rules, Medicare requirements, and cost reporting. • Proficiency in financial systems, general ledger accounting, and accounts payable management. • Excellent communication skills to effectively convey ideas and strategies. • Commitment to organizational mission and cultural diversity objectives. • Ability to maintain confidentiality and adhere to ethical standards.