Strategic Financial Director
5 days ago
VMG Health is seeking a highly experienced Strategic Financial Director to lead our financial operations. This role offers an estimated salary of $150,000-$200,000 per year, commensurate with experience.
About the Role:
The successful candidate will have a strong background in finance, ideally with 6+ years of managerial and accounting experience within a private equity / MSO healthcare model. They will oversee all financial activities, including planning, budgeting, forecasting, and reporting, ensuring the financial health of the organization and providing leadership in financial decision-making.
Main Responsibilities:
- Build corporate-level financial systems from scratch, collaborating with Casla Partners to select and implement ERP/accounting systems, payroll vendors, procurement solutions, auditors, etc.
- Develop and implement comprehensive financial strategies to support VMG Health's goals and objectives.
- Oversee financial planning, budgeting, forecasting, and reporting, analyzing performance, identifying trends, and providing insights to inform strategic decisions.
- Ensure proper accounting controls are in place, reviewing, controlling, and auditing accounting and computer systems related to financial and revenue cycle management/reporting.
- Lead bookkeeping and financial reporting functions, coordinating with external accountants, practice accountants, and bookkeepers to maintain accurate financial records.
- Maintain cash flow planning, ensuring availability of funds as needed, and coordinate with outside resources for tax liabilities and compliance.
Requirements:
- Bachelor's degree in accounting or related field; CPA and/or MBA desirable.
- Proven experience in multisite accounting/reporting, consolidation of financial statements, acquisitions, integrations, physician practice management roll-ups, and negotiations with banks, private equity, covenants, insurance, and cash pay.
- Excellent leadership and team-building skills, with ability to inspire, motivate, and develop team members while holding them accountable.
- Quantitative and analytical skills, with fluency in accounting software and experience working with professional corporations, productivity reporting, accounts receivable management, provider contracting issues, doctor compensation methodology, human resource regulations, and general state/federal regulations impacting medical practices/small businesses.
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