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Description of Director of Finance Physician Practice

Position Category Facility Location
Director of Finance Physician Practice Finance/Accounting Hospital Stamford CT
DESCRIPTION: We have been retained by a mid-size physician practice in Connecticut to locate a Director of Finance. Reporting to the Physician Executive Committee, the hands-on Director of Finance will provide financial strategy plus oversee billing and collections operations. Responsibilities include: • Direct financial structure to drive optimal performance • Oversee financial analysis, planning, budgeting and billing operations • Provide direct control and supervision over all aspects of finance, accounting, and contracting • Manage financial reporting, financial planning, budgeting, billing, financial controls, revenue cycle and physician compensation • Provide strategic recommendations to the Physician Executive Committee based on business analytics and projections, cost identification and allocation, and revenue/expense analysis • Manage cash flow and forecasting • Direct all financial, project-based, and departmental accounting • Coordinate internal audit activities • Serve as liaison with external annual auditors • Oversee Medicare audits • Responsible for leases and vender contracts • Compare site revenue and productivity, and Division income and cost • Maintain overview of Revenue Cycle process • Supervise 25 financial staff; 2 direct and 23 indirect reports

EXPERIENCE: The successful candidate will have a minimum of five years experience medical field finance/accounting, preferably in a medium/large physician practice, with 3-5 years in a leadership role. He/she must have expertise in financial policies, processes, tools, and controls. He/she must be detail oriented and possess strong communication skills. He/she must have experience working in a computerized environment with advanced knowledge of financial reporting tools/software applications such as QuickBooks and Excel. A Bachelor’s degree in Accounting is essential. A Master’s degree and/or CPA is a plus.
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