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Officer-Chief Financial
Baptist Memorial Health Care
Job Summary
Location
Memphis ,TN
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
19 Feb 2025
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Job Description
Summary
Provides innovative leadership to maximize multiple medical group entity contributions to overall corporation performance through effective planning as well as human and financial goals of the corporation. Responsible for overseeing all financial aspects of a large multi-state physician practice, including strategic financial planning, budgeting, financial reporting, revenue cycle management, compliance, and overall financial health. Reports directly to the CEO and collaborates closely with the Vice President of Finance and other executive leaders to drive organizational goals.
Responsibilities
Coordinates the medical group's formal budget program to ensure a timely and smooth budget process which focuses on the medical group and system mission and goals.Develop and execute comprehensive financial strategies aligned with the medical group's strategic goals.Conduct financial analysis to identify opportunities for cost reduction and revenue enhancement.Analyze key performance indicators (KPIs) to identify areas for improvement in revenue cycle efficiency.Collaborate with clinical teams to optimize patient billing practices.Implement and maintain strong internal controls to mitigate financial risks.Present financial information to the Board of Directors and senior leadership, providing insights and recommendations.Perform daily, weekly, monthly, and annual analyses and reviews using generally accepted accounting principles to verify that the activities of the accounting department are being recorded correctly and are being communicated with other departments.Direct overall operational and financial management through assessment of entity's operations and interaction with staff and customers to enhance efficiency and financial performance.Direct line accountability for entity controllers and finance staff and dotted line accountability for revenue cycle management and procurement staffs assigned to medical group.Assist in the production of financial statements and reports using the necessary accounting skills and knowledge to produce accurate results.Perform related accountabilities/responsibilities as required or directed.
Requirements, Preferences And ExperienceBachelor's degree in accounting required.5+ years of experience in healthcare as a Controller, Assistant CFO, or VP of Finance. Large Group Practice experience preferred.8+ years accounting/finance experience in a medical group or governmental accounting environment. Proficient in the use of personal computers preferred.Certified Public Accountant Certificate is desired.
About Baptist Memorial Health CareAt Baptist, we owe our success to our colleagues, who have both technical expertise and a compassionate attitude. Every day they carry out Christ's three-fold ministry-healing, preaching and teaching. And, we reward their efforts with compensation and benefits packages that are highly competitive in the Mid-South health care community.
At Baptist, We OfferCompetitive salariesPaid vacation/time offContinuing education opportunitiesGenerous retirement planHealth insurance, including dental and visionSick leaveService awardsFree parkingShort-term disabilityLife insuranceHealth care and dependent care spending accountsEducation assistance/continuing educationEmployee referral program
Job SummaryPosition: 31 - Officer-Chief FinancialFacility: BMG - CorporateDepartment: MG Executive CorporateCategory: Finance and AccountingType: Non ClinicalWork Type: Full TimeWork Schedule: DaysLocation: US:TN:MemphisLocated in the Memphis metro area
Seniority levelExecutive
Employment typeOther
Job functionFinance and Sales
IndustriesHospitals and Health Care
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