Virtual
Director of Finance
Virtual, Memphis, Tennessee, us, 37544
Vaco Memphis is assisting our healthcare client in their search for a new Finance Director. Further details include:
Purpose of Position and Scope of Responsibility:
Provides direction in the administration, management, and coordination of financial operations within a specified physician division service line working in close collaboration with the CFO and operational leaders.
Responsibilities include but are not limited to setting financial direction, standardization of operations, identification of efficiencies, financial oversight for service line operations, management of compensation, management of material management and purchasing, implementation of performance improvements, and administration of operating plans/goals.
Essential Functions:
Participates in the strategic planning process in collaboration with the CFO and Operations to ensure appropriate financial targets/goals are developed.
Implements operational goals and objectives ensuring alignment with service line business initiatives to meet the prescribed financial and budgetary parameters.
Operationalizes integration strategies in areas of financial performance, budgetary accountability, and standardization/consolidation of services.
Provides fiscal oversight related to key accounting functions, including:
Conduct financial data aggregation and analysis for month end reporting (various entities)
Balance sheet reserve calculation/analysis for month end reporting (various entities)
Capital expenditure justification, as needed
Provider productivity analysis (various entities)
Provider service agreement accrual/analysis
Supports standardization through the consistent application of policies/procedures and legal compliance with all regulatory agencies working with human resources, information systems, compliance, etc.
Analyzes financial data so that appropriate financial assumptions can be made for strategic and tactical planning purposes and makes recommendations to leadership to ensure appropriate financial allocation of resources.
Development of metrics and benchmark data
Financial performance analysis/forecast (various entities)
Periodic financial analysis and reporting (various entities)
Implements work/system processes. Collaborates with CFO and Executive Director/Administrator to develop financial goals and reporting systems which review utilization/standardization, resource management, information systems, work load/productivity measures, and skill mix in order to monitor and manage labor costs.
Trains, mentors and supports entity finance staff ensuring team has appropriate resources, skills and knowledge to provide financial guidance and meet performance expectations of the facility management team.
Prepares and provides oversight for financial pro formas and projections, for the following but not limited to:
Projects and new programs business cases
Acquisitions or new service lines
Performs other accountabilities as assigned or directed.
Purpose of Position and Scope of Responsibility:
Provides direction in the administration, management, and coordination of financial operations within a specified physician division service line working in close collaboration with the CFO and operational leaders.
Responsibilities include but are not limited to setting financial direction, standardization of operations, identification of efficiencies, financial oversight for service line operations, management of compensation, management of material management and purchasing, implementation of performance improvements, and administration of operating plans/goals.
Essential Functions:
Participates in the strategic planning process in collaboration with the CFO and Operations to ensure appropriate financial targets/goals are developed.
Implements operational goals and objectives ensuring alignment with service line business initiatives to meet the prescribed financial and budgetary parameters.
Operationalizes integration strategies in areas of financial performance, budgetary accountability, and standardization/consolidation of services.
Provides fiscal oversight related to key accounting functions, including:
Conduct financial data aggregation and analysis for month end reporting (various entities)
Balance sheet reserve calculation/analysis for month end reporting (various entities)
Capital expenditure justification, as needed
Provider productivity analysis (various entities)
Provider service agreement accrual/analysis
Supports standardization through the consistent application of policies/procedures and legal compliance with all regulatory agencies working with human resources, information systems, compliance, etc.
Analyzes financial data so that appropriate financial assumptions can be made for strategic and tactical planning purposes and makes recommendations to leadership to ensure appropriate financial allocation of resources.
Development of metrics and benchmark data
Financial performance analysis/forecast (various entities)
Periodic financial analysis and reporting (various entities)
Implements work/system processes. Collaborates with CFO and Executive Director/Administrator to develop financial goals and reporting systems which review utilization/standardization, resource management, information systems, work load/productivity measures, and skill mix in order to monitor and manage labor costs.
Trains, mentors and supports entity finance staff ensuring team has appropriate resources, skills and knowledge to provide financial guidance and meet performance expectations of the facility management team.
Prepares and provides oversight for financial pro formas and projections, for the following but not limited to:
Projects and new programs business cases
Acquisitions or new service lines
Performs other accountabilities as assigned or directed.