Sr. Director of Finance Operations in Plantation, Florida at Pediatric Associates

PRIMARY FUNCTION

The Sr. Director of Finance Operations assumes comprehensive ownership of clinical margin performance, encompassing the optimization of financial outcomes while aligning with operational objectives. This role involves managing financial processes and making substantial contributions to the overarching business strategy. Working in close collaboration with the VP of Finance, the individual will oversee a dedicated team of finance partners for each market. This team will lead and manage the planning, forecasting, and analysis of annual, monthly, and quarterly results. Furthermore, under the Sr. Director's leadership, the Finance Operations team will facilitate the development and implementation of a regular performance reporting and analysis framework, all aimed at achieving the company's overarching goals and profitability objectives.

ESSENTIAL DUTIES AND RESPONSIBILITIES

This list may not include all of the duties that may be assigned.

Financial Reporting & Executive Support

1. Leads enterprise finance operations, overseeing annual budgeting, regular forecasting, and weekly and monthly financial operational KPI reporting, encompassing revenue, expenses, capital, and cash flows.

1. Shared ownership and accountability of all P&L results with market leadership, including driving revenue and cost improvement initiatives to support the achievement of budget goals.

1. Monitors and identify opportunities to enhance patient growth/membership, fill rates/no-show rates, clinician productivity, staffing productivity/ratios, coding mix, and payor reimbursement while also exercising controllership of operating and capital expenses to ensure the attainment of budgeted profitability and cash flow targets.

1. Tracks and analyzes organic growth efforts to segregate financial performance from the established portion of the business.

1. Supports market leaders’ delivery of their P&L budget through establishing, leading, and optimizing regular performance reporting, including conducting weekly and monthly variance analyses to explain key performance trends and conducting regular performance review meetings to drive budget execution.

1. Provides financial education and support to Regional/Practice managers, including financial training, help interpreting financial reports, and guidance on revenue optimization and expense management.

1. Partners with Accounting on month-end close and reporting processes. Ensure that management reports are accurate and timely and comply with all relevant regulations and standards.

1. Supports business development and M&A initiatives by participating in deal due diligence and providing integration support.

1. Demonstrates an in-depth understanding of the overall business and strategic direction for the organization, including supporting management's story with facts and assumptions that have been well thought through.

1. Coordinates and develops financial presentations for operational leaders and the finance leadership team.

1. Builds strong cross-functional relationships with market leaders and senior management team and is viewed as a trusted advisor providing significant added value to the organization.

1. Partners with medical analytics leader to build and ensure open communication between finance and operations

1. Continuously identifies and drives ongoing process improvements to the financial planning & analysis processes, reporting, and annual budget cycles.

Financial Planning, Budgeting & Forecasting

1. Lead corporate annual budgeting, rolling forecast, and long-range planning processes using both top-down strategic targets and bottom-up operational drivers.

1. Design and manage multi-dimensional planning models across departments, cost centers, and profit centers, including multi-site and field-level P&L structures.

1. Manage external consultants, vendors, and implementation partners related to financial systems and planning initiatives.

1. Build and maintain de novo and new-venture financial models, including ramp-up assumptions, break-even analysis, and ROI evaluation.

1. Evaluate pricing strategies, margin improvement initiatives, and operational efficiency opportunities.

1. Leadership & Cross-Functional Partnership

1. Lead, mentor, and develop FP&A and finance systems team members, fostering a high-performance, collaborative culture.

1. Partner cross-functionally with Accounting, Operations, IT, Revenue Cycle, and Economic Finance to align financial processes and data.

1. Hands-on leader comfortable operating both strategically and tactically.

1. Proven ability to manage complex projects, competing priorities, and tight deadlines.

QUALIFICATIONS

• Bachelor's degree in accounting, finance, or related field

• MBA or CPA is strongly preferred.

• At least 12 years of health care industry experience, with at least 5 years in leadership.

• Both Value Based Care and FFS experience preferred.

• 12 or more years of relevant financial modeling, analysis, and reporting experience

• 7 years of forecasting, and budgeting experience

• At least two years of Investment Banking or Private Equity experience with escalating responsibility.

• Healthcare provider experience required.

KNOWLEDGE, SKILLS AND ABILITIES

• Demonstrated success in developing and implementing financial strategies that support business objectives.

• Strong presentation skills:

• ability to create and speak to slides that deliver a message concisely.

• Possesses the confidence and presence to interact and communicate effectively with senior management, VPs, and Directors.

• Must be high energy, results-driven, solution-oriented, focused, and motivated, with solid decision-making capability.

• Excellent organizational skills, with the ability to rapidly and accurately analyze a situation to make an effective decision.

• Excellent analytical and financial modeling skills, including familiarity with 'best practices' in Microsoft Excel.

• Strong data management skills. Experience with ERP systems, business intelligence, and corporate performance management software

• Comfortable with a fast-paced, results-oriented environment.

• Knowledge of finance and business measurements: clinician and staff productivity metrics, expense performance, rate of return, working capital, investment, etc.

• Experience with private equity owners

PERFORMANCE REQUIREMENTS

Adhere to all organizational information security policies and protect all sensitive information including but not limited to ePHI and PHI (Protected Health Information) in accordance with organizational policy, Federal, State, and local regulations.

The foregoing description is not intended and should not be construed to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with the job. It is intended to be an accurate reflection of the general nature of level of the job.

I have read the above job description and my supervisor has discussed it with me and I understand the responsibilities of the job for which I have been hired. I acknowledge that I have assumed responsibility for carrying out these tasks to the best of my ability and accordance with company policies.