Director of Finance - Medical Group

Stamford Health Medical Group is looking for a Director of Finance.

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.

Affiliated physician practice groups are physician practices that are owned, managed, or otherwise formally affiliated with SHMG and SH.

The Director of Finance will be responsible for providing executive leadership, financial strategies and the management of financial resources to ensure the achievement of the organizations strategic business plans and objectives.

The principle responsibility will be to ensure the quality of financial management throughout the organization, including processes and business analysis and providing informative reports and recommendations to the entire senior management team.

• Provides overall financial leadership and direction for the organization in coordination and collaboration with SH Finance Department.
• Will report monthly to the Vice President of Finance of Stamford Health regarding the financial health of the organization and to explain issues that have been identified after doing root cause analysis.
• Responsible for budget development and financial reporting at the enterprise and cost center levels.
• Oversight of Physician compensation.
• Continuously report on issues concerning the financial implications of existing and proposed activities, resource allocation, ROI, breakeven analysis projects, setting and maintaining performance standards, and work in concert with Directors and practice management to create realistic and reachable benchmarks and financial goals.
• Develop and continually refine working financial dashboard for executive leadership and SHMG Board of Directors.
• Perform customized financial analysis for new operational projects or issues.
• Possess 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.
• Recommend courses of action with evidenced based financial analysis, and play a key role with outside entities such as auditors, etc.
• Bachelor’s degree in finance or related field required.
• CPA designation strongly preferred.
• Masters 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 computer software such as MS Office or equivalent is required. Specifically, the ability to perform data and statistical analysis using Microsoft Excel or equivalent is required.

Must be able to plan, manage and establish esprit de corps in area of respon