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Regional Director of Financial Operations

2 months ago

Fort Lauderdale, United States Solaris Health Holdings Full time
Job DescriptionJob DescriptionDescription:

The Regional Director of Financial Operations is an integral part of the Corporate Financial Operations team and expected to participate in the financial analysis necessary for the successful attainment of Solaris’s operational and financial goals. The Regional Director of Financial Operations has responsibility and is accountable for the planning, reporting and analysis functions within Financial Operations.


ESSENTIAL JOB FUNCTION/COMPETENCIES

Responsibilities include but are not limited to:

  • Assist with affiliate month-end close and operational processes, as necessary.
  • Guarantees accurate and timely preparation, processing, distribution, and retention of all financial reports and records related to financial operations.
  • Provides financial insight and input to the affiliate strategic initiatives, including overseeing pro forma development for organic growth opportunities, new locations, additional service lines, and ancillary revenue opportunities.
  • Collaborates with MSO and affiliate leadership to ensure affiliate-based operations are staffed and appropriately managed.
  • Directs preparation of annual affiliate operating budgets, strategic plans, and monthly financial/operational reporting for all respective affiliates.
  • Directs regional analyst staff in all financial reporting responsibilities according to company policy.
  • Assists in the preparation of detailed monthly budget variance reports to management in the review of operational performance, financial performance, revenue trends, and expense management.
  • Continue to enhance business intelligence by utilizing new enterprise tools for creating reporting and analytics that meet company needs.
  • Monitor and maintain key operational performance measures.
  • Work with appropriate leadership teams to understand, develop, and communicate operational and expense data requests/reports.
  • Interpret and present data for decision-making needs.
  • Completes and/or reviews financial justifications for operational opportunities.
  • Coordinates all ad-hoc financial, operational, and data mining reporting requests under the responsibility of financial operations.
  • Understanding of methodologies for performing financial and opportunity analysis of proposals.
  • Assist with the annual external audit process and help coordinate data requests, variance analyses, and its overall completion.
  • Primarily responsible for calculating physician compensation.
  • Collaborates with physicians regarding their overall productivity and compensation, able to tie physician performance with physician bonus amounts.
  • Assists the Business Development, Managed Care, FP&A, Operations & Accounting teams on special projects.
  • Complies with organizational policies, procedures, performance improvement initiatives and maintains organizational and industry policies regarding confidentiality.
  • Performs other position related duties as assigned.
  • Employees shall adhere to high standards of ethical conduct and will comply with and assist in complying with all applicable laws and regulations. This will include and not be limited to following the Solaris Health Code of Conduct and all Solaris Health and Affiliated Practice policies and procedures; maintaining the confidentiality of patients' protected health information in compliance with the Health Insurance Portability and Accountability Act (HIPAA); immediately reporting any suspected concerns and/or violations to a supervisor and/or the Compliance Department; and the timely completion the Annual Compliance Training.
Requirements:

CERTIFICATIONS, LICENSURES OR REGISTRY REQUIREMENTS

  • CPA or CHFP preferred.

KNOWLEDGE | SKILLS | ABILITIES

  • Excellent communication skills, both written and verbal.
  • Demonstrated ability to lead a team with various levels of experience. Experience hiring, holding staff accountable to expectations and administering corrective action when necessary.
  • Ability to think strategically and solve problems.
  • Ability to establish and maintain effective working relationships with facility staff and corporate staff.
  • Ability to lead with a high degree of emotional intelligence and ethics.
  • Ability to work professionally with sensitive, proprietary data & information while maintaining confidentiality.
  • Exercises sound judgment in responding to inquiries; understands when to route inquiries to next level.
  • Self-motivated with strong organizational skills and superior attention to detail.
  • Must be able to manage multiple tasks/projects simultaneously within inflexible time frames. Ability to adapt to frequent priority changes.
  • Capable of working within established policies, procedures and practices prescribed by the organization.
  • Working knowledge of information technology and proficiency with software packages including Excel and Word; data mining and business intelligence software preferred.
  • Knowledge of office administration procedures with the ability to operate most standard office equipment.

EDUCATION REQUIREMENTS

  • Bachelor's Degree in related field required; master's degree preferred.

EXPERIENCE REQUIREMENTS

  • Financial and operational analysis experience required including 8+ years' experience in financial reporting, financial operations, and/or supply chain financial management
  • Accounting experience for supply chain operations, complex contracts, revenue recognition, general accounting, and facility operations preferred.
  • Previous Practice Management experience highly preferred.