Director Finance - Medical Group

Kettering Health•Miamisburg, OH

17d

About The Position

Responsible for the overall financial management of the Kettering Health Medical Group. Provides leadership, direction and coordination of financial and operational initiatives consistent with organizational mission and objectives. Other duties as assigned.

Requirements

Bachelor’s Degree in Accounting, Finance or related field required.
5+ years’ experience in a financial leadership position required
3 years experience within a medical group or hospital based physician network required.
Must also have experience in managing physician compensation plans
Must also have experience in managing physician billing and collections
Must also have experience in developing business plans
Must also have experience in budget management.
Must also have excellent physician relationship and communication skills.

Nice To Haves

Master’s Degree (MBA) preferred.
CPA Preferred

Responsibilities

Manage the Medical Group finance department analyst team and day to day operations
Works collaboratively with the Operations team on financial requests and data
Ensures the financial policies and procedures of the organization comply with GAAP and KH requirements
Works collaboratively with the contracting team to provide consistent compensation agreements across practices and service lines
Oversee monthly physician productivity payment processing and submission to payroll
Develops and oversees financial education/training with new and existing leadership and practices
Leads out on hiring control committee to manage staffing costs to budget and benchmark
Responsible for the oversight of accurate, timely and consistent financial statements/reports to KHMG Leadership and practices
Develops and implements physician compensation models and productivity wRVU schedules
Develops and present practice financial assessments to KHMG Leadership and Operations monthly
Provide oversight for the KHMG monthly financial close process including balance sheet and P&L review
Implements innovative and accessible financial reporting/metrics for practices related to financial and revenue cycle key performance indicators
Prepare and oversee annual operations budget for over 150 practices and administrative depts. including volume, revenue, labor, and expense
Monitor and oversee capital spend to budget
Develops and presents proforma cost impact analysis to leadership
Collaborate with operational leaders to review impact of initiatives in preparation for deploying new opportunities.
Takes a leadership role in any KHMG financial initiative.