Director of Financial Operations
1 month ago
POSITION SUMMARY:
The Director of Financial Operations is responsible for managing all activities related to maximizing revenue and financial reporting. They must have an in-depth knowledge and understanding of the business operations and decision support systems in a multi-specialty physician practice. Responsible for financial planning, reporting, analytics, revenue cycle, and budgets. Oversight of budgeting and clinical operations financials as well as for grants, research, philanthropy and service contracts.
Position: Director of Financial Operations
Department: Orthopedic Surgery
Schedule: Full Time
ESSENTIAL RESPONSIBILITIES / DUTIES:
- Coordinate and develop monthly performance results compared to budget for each area; identify and direct activities that will result in revenue optimization and expense reductions; Analyze trends and summarize for leadership review and decision making.
- Translate data into meaningful, actionable information and provide insight into strategic implications; present findings to key stakeholders, including executives, physicians, and department managers.
- Work with Senior Director on strategic initiatives around faculty recruiting, department growth and business development
- Conduct comprehensive financial analysis, forecasting, and budgeting to support strategic decision-making processes.
- Collaborate with department heads to develop, manage annual budgets, report on variances and implement proactive approaches to mitigate deficits.
- Manage a team of finance professionals, providing guidance, mentorship, and fostering a collaborative and high-performance work environment.
- Oversee the management of the credentialing activities to optimize turnaround time from initiation to carrier acceptance at the provider level; Lead and enhance revenue cycle processes, including billing, collections, and claims management.
- Implement strategies to minimize billing errors and improve overall revenue capture.
- Identify needs and problems in relation to attaining goals and objective based on an analysis of information.
- Oversee department philanthropy funds and research/grant finances, create reports and present to Department Chief and faculty on performance
- Ensure adherence to regulatory and compliance standards related to healthcare finance.
- Stay informed about changes in healthcare finance regulations and implement necessary adjustments to maintain compliance.
Must adhere to all of BMC's RESPECT behavioral standards.
(The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required).
JOB REQUIREMENTS
EDUCATION:
- Bachelor's Degree required, preferably in Finance or Accounting, Masters preferred
CERTIFICATES, LICENSES, REGISTRATIONS REQUIRED :
- None
EXPERIENCE:
- Requires at least 6 years of related experience; prior experience in a healthcare setting preferred.
- A minimum of three years in a management or supervisory position.
KNOWLEDGE AND SKILLS:
- Proven track record of managing a team to achieve results.
- Excellent analytical skills, including ability to review quantitative and qualitative data and reach sound, strategic conclusions.
- Working knowledge of practice reimbursement accounts receivable and practice management systems.
- Excellent computer skills; knowledgeable of the systems used in the practices.
- Proven supervisory, project management, and time management skills.
- Excellent oral, written and interpersonal skills to communicate with all levels of management.
- Self-motivated, analytical individual, who is a proven problem solver.
- Evidence of strong leadership skills with the ability to guide, direct, train and interact with direct reports and hospital staff.
- Demonstrated ability to work in a team environment and embrace new challenges.
Equal Opportunity Employer/Disabled/Veterans
#J-18808-Ljbffr-
Director of Financial Operations and Analytics
2 weeks ago
Boston, MA, United States Mass General Brigham Full timeDescriptionAriadne Labs is a joint center for health systems innovation at Brigham and Women's Hospital and the Harvard T.H. Chan School of Public Health. Our goal is to drive scalable solutions for better care at critical moments in people's lives everywhere. Better care means better health outcomes, lower costs, and more actual caring. Critical means...
-
Director of Financial Operations
2 weeks ago
Boston, United States Boston Medical Center Full timePOSITION SUMMARY: The Director of Financial Operations is responsible for managing all activities related to maximizing revenue and financial reporting. They must have an in-depth knowledge and understanding of the business operations and decision support systems in a multi-specialty physician practice. Responsible for financial planning, reporting,...
-
Project Director
1 week ago
Boston, MA, United States Mass General Brigham Full timeDescriptionBipolar Disorder Learning Health Network Project DirectorJob Description:The Bipolar Disorder Learning Health Network’s (BD LHN) mission is to ensure that every person living with bipolar disorder is part of a system that reduces morbidity and improves the health and well-being of people with bipolar disorder. The Network will bring together a...
-
Director, Research Finance and Operations
1 week ago
Boston, United States Joslin Diabetes Center Full timeThe Director of Research Finance & Operations (Fiscal Services) provides leadership and supervision of Grants financial management of Research Administration and ensures compliance with federal/state federal laws and other regulations/requirements. The Director will maintain the...
-
Boston, United States Boston Medical Center Full timeThe Associate Director of Financial Reporting will assist in effectively meeting company objectives by working with the Company's external audit and tax advisors on external filings, submissions and other external financial reporting matters. Additionally, the Associate Director will lead the internal financial reporting efforts specific to month-end close...
-
Director, Revenue Operations
1 week ago
Boston, MA, United States Transmit Security Full timeAbout Transmit Security:Founded and led by multiple-time successful cyber and identity security pros, Transmit Security offers a unique opportunity. A ten-year old, profitable company with a jealously admired customer list of large/very large enterprises around the world spending millions of dollars per year. But also, a company that still operates...
-
Director, Revenue Operations
4 days ago
Boston, MA, United States Transmit Security Full timeAbout Transmit Security:Founded and led by multiple-time successful cyber and identity security pros, Transmit Security offers a unique opportunity. A ten-year old, profitable company with a jealously admired customer list of large/very large enterprises around the world spending millions of dollars per year. But also, a company that still operates...
-
Reg Compliance Consulting Director
3 weeks ago
Boston, MA, United States CNA Financial Full timeYou have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...
-
Director of Grants and Financial Administration
4 weeks ago
Boston, United States New England Aquarium Full timeThe Director of Grants and Financial Administration will project manage the overall financial administration of grants and contracts for the New England Aquarium, including but not limited to monitoring pre and post-award processes, payments, and expenditures to optimize the overall grant administration process. In addition, this role will oversee all...
-
Director of Finance
1 week ago
Boston, United States Creative Financial Staffing Full timeCreative Financial Staffing has partnered with a Real Estate and Development company in their search for a Director of Finance. This person should have experience running an accounting and a finance department with progressive, extensive experience in Real Estate. Highlights about this opportunity: High visibility- reports directly to the President of the...
-
Director Education Operations
7 hours ago
Boston, United States Institute for Healthcare Improvement Full timeInstitute for Healthcare Improvement Director Education Operations Boston , Massachusetts Apply Now Reporting to the Sr. Director of Education Strategy, the Director ofOpen School Operations will partner with key staff across theorganization to serve as a leader and accountability driver. Thisposition will oversee the daily operations and strategic...
-
Operations Director, Inpatient Operations
1 week ago
Boston, United States Boston Medical Center Full timePOSITION SUMMARY: The Operations Director is responsible for the management of services across BMC's stabilization programs, specifically in the areas of administration, personnel, fiscal management, strategic planning, and operations. Manages facility activities to meet BMC's needs and objectives in accordance with operating policies and business plans....
-
Director of Operational Accounting
1 week ago
Springfield, MA, United States KForce Full timeDescriptionA well-established Kforce client is seeking to hire a Director of Operational Accounting to join their team in Boston, MA.Summary:Our client is a major financial services company that is rapidly growing and offers a competitive benefits package that includes a pension plan and 401K, bonuses, and flexible hours. This role will work in a hybrid...
-
Assistant Director Financial Aid
1 week ago
Boston, United States Tufts University Full timeOverview The Office of Financial Aid processes in excess of $75M annually to assist students with their financial needs. The Office of Financial Aid provides financial assistance to graduate/professional students seeking various degrees while attending Tufts University School of Medicine and/or Friedman School of Nutrition. What You'll Do The Assistant...
-
Chief Financial Officer
8 hours ago
Boston, United States Massachusetts League of Community Health Centers Full timeJob DescriptionJob DescriptionThe Massachusetts League of Community Health Centers is seeking a dynamic Chief Financial Officer (CFO) to lead our financial operations with precision and purpose.In this executive position, you will oversee all financial aspects of our organization and subsidiaries, ensuring fiscal responsibility, regulatory compliance, and...
-
BOSTON, United States Boston University Full timeThe Associate Director of Graduate Financial Aid, reporting to the Director of Residential MBA Admissions & Graduate Financial Aid, is responsible for managing the financial aid budget for all graduate programs within the Questrom School of Business. Financial, Director, Business, Office, Admissions, Associate
-
Director - Networks Bus Analysis & Perf
1 week ago
Boston, MA, United States Iberdrola Full timeThe base salary range for this position is dependent upon experience and location, ranging from: $142,000 - $204,000Job Summary:This position is responsible for directing the short-term forecasting processes for the Networks business segment within AVANGRID. Additionally, this role will support performance analysis and key performance reporting for the...
-
Assistant Director of Operations
1 day ago
Boston, United States SMS Holdings Full timeExternal Description Job Description - Assistant Director of Operations Job Summary: The Assistant Director of Operations will assist in the oversight of the day-to-day activities of the company, ensuring that the organization is managed and performing efficiently and effectively. Supervisory Responsibilities: Participates in the oversight of hiring and...
-
Assistant Director of Financial Aid/Access
7 days ago
Boston, United States Boston Architectural College Full timeJob DetailsJob Location Boston Architectural College - Boston, MA Position Type Full Time Description Join Our Team at the Boston Architectural College! Are you passionate about making education accessible to all? Do you thrive in a dynamic, inclusive environment where collaboration and innovation are celebrated? Look no further - the Boston Architectural...
-
Assistant Director Financial Aid
4 weeks ago
Boston, United States Tufts University Full timeOverview The Office of Financial Aid processes in excess of $75M annually to assist students with their financial needs. The Office of Financial Aid provides financial assistance to graduate/professional students seeking various degrees while attending Tufts University School of Medicine and/or Friedman School of Nutrition. What You'll Do The...