Director of Finance - Medical Group

Job Description

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.

Responsibilities

• 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.
  
  

Qualifications

• 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

About Us

About Stamford Health

Stamford Health is a non-profit independent health care system with more than 3,800 employees committed to caring for the community through a wide range of high-quality health and wellness services. Patients and their families receive expert, compassionate care through the system’s 305-bed Stamford Hospital; Stamford Health Medical Group, with more than 40 offices in lower Fairfield County offering primary and specialty care; a growing number of ambulatory locations across the region; and support through the Stamford Hospital Foundation.

Stamford Health is known for its expert, person-centered care through its many recognitions and partnerships. U.S. News & World Report has recognized Stamford Hospital as a High-Performing Hospital. The Centers for Medicare and Medicaid Services (CMS) rated Stamford Hospital as a five-star hospital for Overall Quality and The Leapfrog Group awarded Stamford Hospital an “A” for patient safety . The American Nurses Credentialing Center has granted Stamford Hospital Magnet Status, which recognizes superior patient care with the highest level of safety, quality, and patient satisfaction. Stamford Health is Planetree Gold-Certified for Excellence in Person-Centered Care and is a Certified ™ Great Place to Work.

Stamford Health is a major teaching affiliate of the Columbia University Vagelos College of Physicians and Surgeons and has recently expanded its relationship with Columbia to offer treatment and expertise from Columbia University Irving Medical Center’s nationally recognized heart surgeons. Stamford Health and Hospital for Special Surgery (HSS) have created a premier center for specialty orthopedic care right in Stamford, Connecticut. Additionally, in 2020 Stamford Health’s Carl & Dorothy Bennett Cancer Center entered into an expanded collaboration with Dana-Farber Brigham Cancer Center.

Dedicated to being the community’s most trusted health care partner, Stamford Health puts patients first to build long-lasting relationships. For more information, visit StamfordHealth.org . Like us on Facebook and follow us on Twitter , Instagram , YouTube , and LinkedIn .

Organization

Why work for Stamford Health?

Stamford Health offers an extremely competitive salary with generous shift differentials where appropriate.

Our Total Rewards Program is ranked as one of the highest satisfiers based on our employee engagement surveys.

With over 100 transfers and promotions each year for the past 5 years, Stamford Health is a place for you to grow and develop your career. Many departments from Nursing to Information Systems and Rehabilitation have Career Ladder programs that foster career development.

Whether employees choose to live in the greater Stamford, CT area or commute from New York or Fairfield, we offer free convenient parking and free transportation from the Stamford train stations.

Our collaborative with Hospital for Special Surgery, and the Dana Farber Brigham and Women's Cancer Care Collaborative, connect us directly with world class expertise, research, resources and technology to put us at the forefront of patient care.

We have a robust Professional Development and Organization Development program that provides both clinical and non-clinical staff with the opportunity to develop and grow professionally.

For organizational leaders, we offer a comprehensive New Manager Orientation four times per year. Our program designed specifically for Stamford Health will help prepare today's and tomorrow's leaders for success with an innovative curriculum based on best practices. It will also enhance the skills of our leaders that bring their fresh leadership perspective from other organizations.