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Director - Financial Operations - Physician Practices (Medical and Hospital Based)

2 months ago

Atlanta, United States Children's Healthcare of Atlanta Full time

Note: If you are CURRENTLY employed at Children's and/or have an active badge or network access, STOP here. Submit your application via Workday using the Career App (Find Jobs).

Work Shift
Day

Work Day(s)
Monday-Friday

Shift Start Time
8:00 AM

Shift End Time

5:00 PM

Worker Sub-Type

Regular

Children's is one of the nation's leading children's hospitals. No matter the role, every member of our team is an essential part of our mission to make kids better today and healthier tomorrow. We're committed to putting you first, and that commitment is at the heart of our company culture: People first. Children always. Find your next career opportunity and make a difference doing what you love at Children's.

Job Description

Children's Healthcare of Atlanta (Children's) is seeking an experienced finance leader with hospital and physician group management expertise to serve as Director, Finance Operations supporting the physician enterprise.

The Director leads the day-to-day financial functions in accordance with Children's policies and is responsible for the financial performance and accuracy of financial reporting for assigned physician groups.

The Director works closely with the corporate finance department and the physician practice leadership to develop, implement, and monitor the annual operating and capital budgets and business plans. The Director identifies and implements initiatives to improve financial operations and performance.

This leader oversees compliance with current federal, state, and local standards, guidelines and regulations that govern the healthcare system.

Principal Duties and Responsibilities

  • Financial Operations Management - The Director functions as the key financial resource to the assigned physician leadership team. Responsible for reviewing, analyzing, and interpreting the results of operations while working with senior staff to achieve targeted results. Works with clinical and physician leaders to meet division, and health system financial goals and identifies, develops, and implements opportunities to improve financial performance.
  • Operational Budgeting - Coordinates the division annual budget (operating and capital) process. Provides direction on how to utilize tools and set budgets. Reviews and approves the initial budget submission for the facility. Serves as an advocate for the budget and first point of contact for Corporate after initial submission. Works with Corporate Finance to finalize the budget.
  • Capital Budgeting - Works within established process and guidelines to achieve division specific target, including but not limited to reviewing all non-threshold and threshold requests and conducting meetings as necessary to identify items to budget. Business Planning - Coordinates the development of financial pro formas, financial feasibility studies and business plans with department directors by providing input, guidance, and validation. Responsible for driving approval of the proforma after data gathering and initial development phase. Assists in operational execution of approved plans.
  • Operations - Communicates with the physician and clinical leadership regarding the status of current operations and status of meeting the goals. Determines how to prevent or sustain the financial impact of key operational changes. Works with department or practice leaders with contracts, revenue cycle issues, budgets, and business plans. Monitors the use of spending policy, restricted funds, and grants. Conducts monthly or periodic reviews with appropriate leaders regarding current year actual versus the plan and other business issues. Monitors compliance with the terms of the managed care agreements. Supports decision making of daily operational changes that may impact financials.
  • Attends select medical staff meetings and develops relationships with members of the medical staff. Works with the medical staff and medical management staff on utilization review issues. Identifies and monitors physician utilization trends.
  • Revenue Cycle - Provides oversight of Revenue reconciliation and CDM changes. Work with Corporate finance to develop strategies/alternatives to keep bottom line whole.
  • Financial Analysis - Works with clinical and physician leaders to perform forecasting. Reviews and helps prioritize requests for financial analysis or reports. If urgent need, initiate data request to appropriate data source.
  • Financial Education - Provides financial education (key business policies, processes, and guidelines of Children's) at division level meetings.
Candidate Qualifications

The ideal candidate will have the following credentials:

Experience
  • At least seven years of experience providing broad financial leadership in a progressive healthcare setting.
  • Must possess experience and technical competence in healthcare financial management, with experience in revenue cycle, regulatory compliance, budgeting, reimbursement, patient accounts, and managed care.
  • Five or more years of experience providing financial support to a physician enterprise is strongly preferred.
  • Academic healthcare experience with significant teaching and research is strongly preferred.
  • Experience with significant fundraising activities, donor restricted funds, and quasi endowments is also preferred.
Education
  • Bachelor's degree in accounting, finance, business, or related field is required.
  • Master's degree in business administration is preferred.
  • CPA, CPAM or FHFMA certification is strongly preferred.
Knowledge, Skills, and Abilities
  • Demonstrated expertise in financial reporting and financial management for large, complex organizations including the operational areas of accounting, accounts payable, payroll, cash & treasury, grant accounting, audit, taxes, long term debt, foundation support operations, and financial systems support.
  • Knowledge of federal, state, and local compliance requirements for tax exempt and healthcare provider organizations.
  • Broader exposure to healthcare operations such as revenue cycle, patient access, contracting, and financial operations would be beneficial.
  • Technical knowledge regarding reimbursement issues, especially Medicaid and managed care would be helpful.
  • Proficient in MS-Office tools.
Personal Characteristics
  • History of building and fostering trusting, sustainable relationships. Able to collaborate and partner with other subject matter experts and departmental leaders.
  • History of successful team development empowering high performance through visionary leadership, delegation, and operational excellence.
  • Demonstrates poise and self-control, establishes credibility, addresses conflict diplomatically and instills a sense of trust and confidence in others.
  • A mentor and leader of people who motivates others toward team orientation, open communication, and trust, drives accountability while supporting staff.
  • A role model of personal and professional integrity and a visible leader.
  • Demonstrates aptitude for resolving conflict and problem solving.
  • A strong communicator and diplomat who is able to inspire and effectively communicate with wide and diverse audiences at all levels of the organization and externally.
  • An ability to inspire and align staff, both those within the department and those with whom the department interacts.


Children's Healthcare of Atlanta is an equal opportunity employer committed to providing equal employment opportunities to all qualified applicants and employees without regard to race, color, sex, religion, national origin, citizenship, age, veteran status, disability or any other characteristic covered by applicable law.

Primary Location Address

1575 Northeast Expy NE

Job Family

Director/Senior Director