Director of Finance - Medical Group
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Stamford Health Medical Group is looking for a Director of Finance.
This is a Hybrid Position. Must live in the Tristate Area CT, NY, & NY.
Stamford Health Medical Group (SHMG) is a multispecialty medical group that is aligned with Stamford Hospital and fully integrated across Stamford Health (SH).
The mission of SHMG is to provide a highly skilled, comprehensive array of medical services to our community in a compassionate manner.
This position, reporting directly to the Vice President of Finance, is responsible for financial reporting, strategic planning / budgeting, capital planning, and new practice finance functions of existing and emerging SH affiliated physician practice groups.
The Director of Finance will provide executive leadership, financial strategies, and the management of financial resources to ensure the achievement of the organization's strategic business plans and objectives.
- Provides overall financial leadership and direction for the organization in coordination and collaboration with SH Finance Department.
- Reports monthly to the Vice President of Finance of Stamford Health regarding the financial health of the organization and explains issues identified after root cause analysis.
- Responsible for budget development and financial reporting at the enterprise and cost center levels.
- Oversight of Physician compensation.
- Continuously reports on issues concerning the financial implications of existing and proposed activities, resource allocation, ROI, breakeven analysis projects, setting and maintaining performance standards, and works in concert with Directors and practice management to create realistic and reachable benchmarks and financial goals.
- Develops and continually refines working financial dashboard for executive leadership and SHMG Board of Directors.
- Performs customized financial analysis for new operational projects or issues.
- Possesses a strong knowledge of RVU calculations.
- Serves as financial spokesperson and oversees all strategic and tactical matters as they relate to budget management, cost analysis, and forecasting.
- Recommends courses of action with evidenced based financial analysis and plays a key role with outside entities such as auditors.
- Bachelor’s degree in finance or related field required.
- CPA designation strongly preferred.
- Master's degree in finance / MBA strongly preferred.
- Ten to fifteen years of experience is required with five to eight years of financial leadership experience in a Health Care System.
- Need for constant decision making requires above average judgment.
- High level of competency with computers and software such as MS Office or equivalent is required, specifically the ability to perform data and statistical analysis using Microsoft Excel or equivalent.
Must be able to plan, manage and establish esprit de corps in area of responsibility.
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