Director of Finance

Position Summary

The Director of Finance, JMCPG will play a critical role in transforming the financial planning function for the Jupiter Medical Center Physician Group (JMCPG) to drive forward-facing data analytics that align the financial, strategic, and operational goals of the organization. This leader will assist in reimagining how financial planning supports operational excellence and strategic growth, as well as resource optimization.

Responsibilities

• Serves as a strategic partner, anticipating the needs of the organization and proactively sharing data and insights with Finance leadership and JMCPG leadership.
• Collaborate with JMCPG leaders on business plans for adding new providers or expanding service lines.
• Align departmental objectives with the organization’s broader strategic initiatives for growth, innovation, and patient excellence.
• Contribute to long-term planning by identifying opportunities for operational and financial improvement.
• Provide analysis for new and/or existing programs.
• Partner with Revenue Cycle to ensure accuracy of JMCPG RVU reporting, billing, and recorded revenue.
• Aid Finance/Accounting team with other items and reports as required.

Budget

• Lead the annual process for creating the operating and capital budgets in partnership with JMCPG leadership.
• Lead the creation and maintenance of visit/RVU statistics, expense allocations, and alignment of FTEs by service line and location.
• Analyze monthly performance to annual budget and offer insights regarding variance to plan and steps to mitigate unfavorable variances.
• Standardize and automate financial processes to improve efficiency, accuracy and scalability of financial reporting.
• Track and analyze key performance metrics such as RVUs, patient volumes, and revenue performance.
• Partner with operational leaders to produce variance analyses and explanations for all JMCPG departments, including productivity and monthly operating reviews (MOR’s).
• Maintain performance and ensure adequacy of reporting hardware and databases.
• Maintain, improve, and create dashboards/reports in various systems.

Cost Accounting

• Partner with JMCPG leadership to ensure accuracy and optimization of costing data.
• Produce service line analytics that support strategic decision making.
• Analyze and review allocations of expense to appropriate departments, as necessary.
• Update and maintain cost accounting software and allocation templates.

Physician and Provider Relations

• Serve as the main point of contact for providers regarding compensation, RVUs, and billing matters.
• Prepare year-end accruals for incentive and quality payouts.
• Monitor productivity contracts to identify physicians approaching their caps and coordinate updates with the CFO, JMCPG President, and Legal teams.
• Conduct quarterly or biannual reviews of provider contracts to ensure alignment between production calculations and standardized compensation across departments.
• Partner with institute administrators to track contractual quality metric obligations and monitor outcomes.
• Oversee the administration of annual provider payouts tied to quality performance metrics.
• Ensure compliance with organizational policies, regulatory standards, and quality benchmarks to maintain superior patient care and satisfaction.

Leadership Competencies

• Establishing Relationships: Builds effective networks, working relationships, and alliances with a broad range of stakeholders (both internal and external) in order to collaborate effectively within divisions and across boundaries.
• Developing Talent: Provides guidance and feedback to help colleagues strengthen knowledge/skills needed to accomplish tasks, solve problems, and perform effectively.
• Inspiring and Motivating Others: Fosters commitment and cohesiveness by motivating, guiding, and facilitating teamwork within Finance and JMCPG departments toward goal accomplishments. Can influence others, build consensus, and ensure cooperation from others to gain genuine acceptance to accomplish “win-win” solutions.
• Demonstrating Emotional Intelligence: Exercises self-leadership, self-awareness, and self-regulation; manages emotions so that they are expressed appropriately; leads others by showcasing adaptability, empathy, and social skills.
• Acting with Integrity: Interacts with others in a way that is seen as direct and transparent; ensures confidence in individual and organizational motives and representations. Acts in a way that is consistent with personal and organizational values by keeping confidence, promises, and commitments.
• Communicating Effectively: Speaks and writes clearly, conveys information in a concise, organized, and logical manner. Listens attentively and exercises tact, discretion, and diplomacy when interacting with members of the department and across the organization.