Director Finance, Health Services

Ardent Health•Nashville, TN

About The Position

The Health Services Director of Finance provides financial guidance and insights to inform business decisions, optimize financial performance, and ensure efficient utilization of resources across Outpatient Services and facilities. The role drives sustainable growth and serves as a key executive team member of the Ardent Health Services Group. The position develops financial strategies aligned with organizational objectives and supports Health Services Leadership in identifying growth opportunities, risks, and areas for financial improvement. It oversees financial reporting, analysis, budgeting, forecasting, financial controls, revenue cycle optimization, investment evaluation, risk mitigation, and regulatory compliance. The Director also leads and mentors the finance team and collaborates with finance leaders across the organization.

Requirements

Bachelor's degree in finance, accounting, business administration, or a related field.
Seven or more years of progressive experience in finance or accounting.
Five or more years in a leadership role.
Proficiency in understanding Work RVUs, physician compensation models, and revenue cycle operations.
Proven track record of developing and executing financial strategies that drive operational efficiency and sustainable growth.
Strong analytical and problem-solving skills, including the ability to interpret complex financial data and trends.
Exceptional communication and presentation skills, with the ability to convey financial information to diverse stakeholders.
Demonstrated leadership capabilities focused on teamwork, collaboration, and building strong relationships.

Nice To Haves

Master's degree in healthcare administration, business administration, accounting, or a related field.
Extensive experience in the healthcare industry or a similar complex, multi-site environment.
Demonstrated experience working within a physician practice or medical group environment.

Responsibilities

Develop and implement financial strategies aligned with the organization's business objectives, long-term goals, and mission.
Collaborate with Health Services Leadership to identify growth opportunities, potential risks, and areas for financial improvement.
Oversee the preparation of accurate and timely monthly, quarterly, and annual financial reports and statements.
Provide financial analysis and performance metrics to guide decision-making and business strategies.
Lead budgeting and forecasting processes, aligning financial plans with organizational priorities for the business segment.
Monitor and analyze budget variances and initiate corrective actions as needed.
Ensure implementation of robust financial controls and best practices to safeguard organizational assets.
Optimize revenue cycle management and financial operations to enhance cash flow and efficiency.
Evaluate investment opportunities and provide financial analyses to support capital allocation decisions.
Work with Health Services Leadership and stakeholders to evaluate and prioritize investments in facilities, technology, and other strategic initiatives.
Identify and mitigate financial risks through risk assessment and mitigation strategies.
Ensure compliance with regulatory requirements and reporting standards.
Lead and mentor the finance team, fostering excellence, accountability, and professional growth.
Collaborate with finance leaders across the organization to drive consistent financial practices.