Director Finance - Medical Group
Job Description
Drive enterprise financial leadership for the Kettering Health Medical Group, overseeing finance operations, physician compensation processes, reporting, budgeting, and capital spend.
Responsibilities
- Lead the Medical Group finance department analyst team and manage day-to-day finance operations
- Partner with the Operations team to fulfill financial requests and provide supporting data
- Ensure organizational financial policies and procedures align with GAAP and KH requirements
- Collaborate with the contracting team to maintain consistent compensation agreements across practices and service lines
- Oversee monthly physician productivity payment processing, including submission to payroll
- Develop and oversee financial education and training for new and existing leadership and practices
- Serve as lead for the hiring control committee to manage staffing costs against budget and benchmark
- Ensure accurate, timely, and consistent financial statements and reports are provided to KHMG Leadership and practices
- Build and implement physician compensation models and productivity wRVU schedules
- Develop and present practice financial assessments to KHMG Leadership and Operations on a monthly basis
- Provide oversight for the KHMG monthly financial close process, including balance sheet and P&L review
- Implement financial reporting and metrics for practices tied to financial and revenue cycle key performance indicators
- Prepare and oversee the annual operations budget for 150+ practices and administrative departments, including volume, revenue, labor, and expense
- Monitor and oversee capital spend to budget
- Develop and present proforma cost impact analysis to leadership
- Coordinate with operational leaders to review initiative impacts in preparation for new opportunities
- Take a leadership role in KHMG financial initiatives
Requirements
- Bachelor’s Degree in Accounting, Finance, or a related field required
- Master’s Degree (MBA) preferred
- 5+ years of experience in a financial leadership position required
- 3 years within a medical group or hospital-based physician network required
- Experience managing physician compensation plans
- Experience managing physician billing and collections
- Experience developing business plans and budget management
- Excellent physician relationship and communication skills required
- CPA preferred
Job Details
- Overall financial management responsibilities for the Kettering Health Medical Group
- Leadership, direction, and coordination of financial and operational initiatives aligned with organizational mission and objectives
Location
- Miamisburg, OH (onsite)