Financial Operations Leader

2 weeks ago


Hackensack, New Jersey, United States Grassi Full time

Grassi is seeking a highly motivated and experienced Financial Operations Leader to join our growing team.

In this role, you will play a crucial part in driving the financial success of our organization by overseeing both operational and financial functions. Your expertise will be instrumental in ensuring the smooth running of our business and maximizing profitability.

Responsibilities:
  • Operations Management:
    • Collaborate with department managers and operations directors to conduct in-depth financial analyses of service lines, providing valuable insights for strategic decision-making.
    • Support the implementation of a robust system to monitor the financial performance of service lines, enabling real-time tracking and reporting.
    • Engage with department managers and operations directors to gain a comprehensive understanding of their operations. Evaluate existing processes within service lines and develop performance improvement measures to enhance efficiency and effectiveness.
    • Generate billing reports to extract essential data for financial analyses of service lines, ensuring accurate and timely reporting.
  • Financial Stewardship:
    • Oversee the efficient and accurate monthly closing of financial books and records, coordinating closely with financial personnel at headquarters and partner organizations.
    • Continuously enhance and develop management reporting, presenting clear and concise monthly financial results to senior leadership for informed decision-making.
    • Coordinate the calculation and timely payment of partner distributions, ensuring accurate and transparent financial transactions.
    • Consolidate and report weekly patient statistics and other key performance metrics, providing valuable data for monitoring progress and identifying areas for improvement.
    • Manage the cash liquidity of the practice effectively, ensuring sufficient funds are available to meet operational needs.
    • Actively participate in identifying and integrating operating and financial efficiencies that contribute to the overall profitability of the organization.
    • Administer, track, and make payments related to existing compensation, payout, and one-off agreements executed with practice physicians, ensuring compliance and accuracy.
    • Coordinate the preparation and negotiation of the annual financial budget with senior financial management, aligning financial goals with organizational objectives.
    • Collaborate on any ad-hoc financial analyses as required, providing timely and insightful support to decision-makers.


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