Finance Director

Job Title: Finance Director
Job ID: 78383
Location: Birmingham, Alabama


Overview:
Our client company partners with independently-minded specialty practices to provide practice management and clinical performance support, referral and payer alignment, data analytics, and strategic capital. While the physicians themselves provide clinical leadership, market knowledge and clinical excellence to create market-leading specialty care delivery systems. The Director of Finance will directly support the company's Pivotal practice partnership in Florida. With time this role will grow into supporting the specialty practice portfolio across the Keystone operating group (inclusive of the southeast over to Texas).  Initially there will be 1 direct report.


What you will be doing:
The successful candidate is responsible for all financial aspects of our Pivotal partnership and eventually a portfolio of MSO/practice partnerships,  including, but not limited to:

• Support consistently growing EBITDA through leading profitable top-line growth initiatives, developing new partnerships, effectively managing expenses, and supporting development process (M&A)
• Acting as a strategic business partner with Operations leads to identify performance improvement opportunities and helping them “think around the corner” financially
• Speaking with authority on behalf of the Group CFO and representing him/her at partnership, or board meetings
• Creating, implementing and pulling through opportunities which drive financial growth and operational performance
• Manage the physician compensation results monthly. By communicating with physicians and the practice CEO identifying drivers impacting results
• Build positive relationships with MSO and operational leads; working closely with them as a business partner

• Assess and evaluate financial performance of portfolio of practice partnerships with regard to long- and short-term financial goals, budgets, and forecasts
• Perform operational variance analyses to identify favorable or unfavorable business trends
• Partner with accounting team to ensure accuracy of monthly financial statements
• Coach practice executives and regional operations on financial matters and areas of improvement
• Participate in key decisions as they relate to strategic initiatives and operational models
• Prepare and present monthly financial results by practice partnership to internal and external leaders
• Review and analyze monthly financial results and provide insight and recommendations on trajectory of business
• Oversee cash, investments, lending and leasing needs, and asset management for the partnership(s)
• Manage special transactions including equity changes, debt arrangements, and relocations
• Support the diligence and integration of small practice acquisitions and newly recruited physicians, broadly supporting the development team
• Perform proforma analyses of growth opportunities within existing practices (e.g. serviceline expansion and new market entry)
• Identify areas of opportunity to standardize, simplify, and streamline to drive our value of Continuous Improvement

• An undergraduate or graduate degree in Accounting/Finance/Economics is required
• A minimum of seven years of financial experience in healthcare required with
• Experience with large multisite medical groups is highly desirable
• Physician compensation experience highly desirable
• Ability to digest financial information, render judgment, create context, pattern recognition
• Ability to meet deadlines and manage conflicting priorities
• Executive presence to deliver financial results and provide financial advice with confidence
• Ability to explain complex financial results or transactions to physicians
• Ability to collaborate within other support service departments (revenue cycle, legal, supply chain, development, etc.) and with operations
• Build relationships and collaborate with physicians and MSO leadership
• Travel requirements: 25% (up to 50% at times during the first year)