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Director of Finance Integration
2 weeks ago
This is a hybrid position based at our corporate office in Brentwood, TN, with on-site work required Monday through Wednesday.
Job Summary:
The Director of Finance Integration in healthcare is responsible for leading the financial integration of new acquisitions, mergers, or partnerships, ensuring seamless alignment of financial systems, processes, and teams. This role focuses on overseeing the financial aspects of integration, including budgeting, forecasting, reporting, and ensuring compliance with regulatory standards. The Director will work closely with executive leadership, operations, and finance teams to drive financial efficiencies, mitigate risks, and support the organization’s strategic growth initiatives.
Key Responsibilities:
- Financial Integration Strategy:
- Develop and execute strategies for the financial integration of newly acquired entities or partners, ensuring alignment with organizational goals and financial systems.
- Collaborate with senior leadership to define integration objectives, timelines, and key performance indicators (KPIs).
- Establish processes for integrating financial data, systems, and reporting structures across the organization.
- Lead the development and alignment of financial planning, budgeting, and forecasting processes during the integration phase.
- Work closely with the finance team to ensure that the integrated entity’s financial plan aligns with the parent company’s financial strategy and goals.
- Ensure the timely and accurate completion of financial reports for the integrated entity.
- Oversee the integration of financial systems, tools, and technologies, ensuring a smooth transition and minimal disruption to operations.
- Ensure compatibility between the existing and new financial systems, optimizing processes for efficiency and data accuracy.
- Work with IT and finance teams to design and implement system solutions to streamline financial operations.
- Ensure compliance with all financial and regulatory requirements during the integration process, including federal, state, and industry-specific guidelines.
- Identify and mitigate risks associated with financial integration, including discrepancies in accounting practices, reporting standards, and compliance.
- Conduct due diligence to assess the financial health and potential risks of the acquired entity or partner.
- Act as the primary point of contact for financial integration matters, working closely with executives, department heads, and external stakeholders.
- Communicate integration goals, timelines, and progress to key stakeholders, ensuring alignment and transparency throughout the process.
- Provide regular updates to leadership on integration progress, issues, and potential concerns.
- Identify and implement opportunities for process improvements and operational efficiencies during and after integration.
- Develop and optimize financial workflows and reporting systems to support both legacy and integrated entities.
- Monitor and assess the effectiveness of integration efforts and recommend adjustments as necessary.
- Lead and manage a cross-functional team involved in financial integration, providing guidance, training, and support as needed.
- Foster a collaborative work environment and ensure effective communication between finance, operations, and other departments.
- Mentor team members to build expertise in finance integration and ensure high performance.
- Education: Bachelor’s degree in Finance, Accounting, Healthcare Administration, or related field; MBA or CPA preferred.
- Experience:
- 8+ years of experience in financial management or integration, with a focus on mergers, acquisitions, or strategic partnerships, preferably in the healthcare sector.
- Proven track record of leading financial integration efforts, managing complex projects, and driving process optimization.
- Strong knowledge of financial systems, integration best practices, and regulatory compliance within healthcare.
- Skills:
- Expertise in financial systems integration, project management, and financial analysis.
- Strong analytical and problem-solving skills, with the ability to navigate complex financial challenges.
- Exceptional leadership, communication, and interpersonal skills.
- Proficient in financial modeling, forecasting, and reporting tools.
- Strong strategic thinking with the ability to drive results in a complex, fast-paced environment.
- Ability to manage large-scale projects, ensuring timely and effective completion.
- High level of attention to detail and accuracy in financial reporting and integration processes.
- Strong negotiation and conflict resolution skills.
- Comprehensive health, dental, and vision insurance
- Health Savings Account with an employer contribution
- Life Insurance
- PTO
- 401(k) retirement plan with a company match
- And more
ENVIRONMENTAL/WORKING CONDITIONS: Normal busy office environment with much telephone work. Possible long hours as needed. The description is intended to provide only basic guidelines for meeting job requirements. Responsibilities, knowledge, skills, abilities and working conditions may change as needs evolve.
*If you are viewing this role on a job board such as Indeed.com or LinkedIn, please know that pay bands are auto assigned and may not reflect the true pay band within the organization.
*No Recruiters Please
Equal Opportunity Employer
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For further information, please review the Know Your Rights notice from the Department of Labor.