Urology Centers of Alabama
Overview
The Director of Finance serves as the primary financial officer for Urology Centers of Alabama (UCA). Major responsibilities include developing and maintaining accurate and compliant corporate financials; implementing and maintaining annual operating and capital budgets; financial analysis of new programs, acquisitions, and business development; revenue management in coordination with the RCM unit; preparation of all financial statements in accordance with financial management techniques appropriate to the healthcare industry; decision support and cost accounting; oversight of disbursements and receivables processes; and maintenance of banking, lending, and leasing relationships. The Director of Finance reports directly to the CEO. Responsibilities
In collaboration with the CEO, develop and plan company financial objectives, including short- and long-range programs in budgeting, profit analysis, ROI project analysis, and accounting systems. Implement and supervise financial practice management, accounting, and payroll processes across the organization. Actively maintain related licenses without lapses; report any lapse or encumbrance against license to UCA Leadership immediately. Evaluate accounting system with the CEO and develop a long-term accounting strategy. Oversee and direct preparation and issuance of annual/quarterly tax and other financial regulatory reports; prepare and review financial statements in conjunction with the practices accounting firm, RVU Analysis, and Physician Compensation Calculation for monthly Board of Directors. Direct financial accounting functions to ensure timely and accurate reporting of corporate financial information for informed decision making. Oversee revenue cycle management and develop strategies to increase cash flow; maintain systems of internal controls to safeguard assets. Plan, assign, and review work of staff; hire, train, develop, and manage staff to meet department objectives. Develop and implement financial policies and procedures and ensure compliance. Oversee disbursements (payroll and accounts payable) processing. Manage development of financial pro-formas and due diligence for new services development, capital equipment purchases, and expansion plans. Oversee annual audits on time with minimal or no adjustments. Maintain excellent relationships with outside lending institutions, pay sources, and the financial community. Price and analyze loans and purchasing options for capital expenditures. Lead or facilitate strategies and steps for cost containment within the organization. Evaluate and renegotiate insurance contracts; conduct regular insurance contract performance evaluations. Develop strategies to increase cash flow including improvements in revenue cycle management with a goal of increasing days cash on hand. Lead organizational planning for changing reimbursement methodologies. Ensure development and mentoring of staff within the department. Perform other related duties as assigned and participate in professional associations and community service activities. Qualifications
Maintain and control the general ledger accounts and business transactions, ensuring complete and accurate general ledger, journals, and account reconciliations; oversee daily cash management functions. Ability to build relationships with leaders and team members to drive better business performance. Ability to manage a small team of accounting and payroll professionals to achieve goals. Expert Excel skills and knowledge of Microsoft Office products. Expert skills in financial planning and analysis, budgeting, and financial forecasting. Ability to analyze and synthesize large data sets to identify and present meaningful observations and recommendations. Excellent organizational and written and verbal communication skills; ability to collaborate within a cross-functional team. Ability to take initiative, exercise sound judgment in problem-solving and decision making. Skill in developing people and building teams. Track financial performance and prepare monthly financial statements (income statement, balance sheet, cash flow) with variance reporting and present to the Board and executive team. Experience initiating, negotiating, and managing vendor relationships (banking, lending/financing, real estate development and leasing, tax/audit/accounting support, insurance, and other services). Experience negotiating payor and other vendor contracts. Self-directed with the ability to manage competing priorities and work under pressure. Experience with market-leading financial, budgeting, accounting, and data mining/analytics software; experience with financial system conversions. Oversee, approve, and authorize all payroll processes. Bachelor’s degree required; Accounting or Finance preferred; Masters degree preferred; CPA required. Minimum seven years of experience in accounting and/or planning and forecasting. Proven financial leadership with at least three years in healthcare financial management. Physician practice experience preferred in a group with more than $40M in annual revenue. Extensive knowledge of accounting and regulatory environments affecting Accounting, Tax, and Finance. Strategy to incorporate AI for performance improvement is encouraged; experience a plus. Responsible for sales/use tax compliance and other audit and compliance functions. Manage relationships with MSO for rebates, employee benefits, and other MSO initiatives benefiting the organization. Responsible for bonus calculations as outlined in various employment contracts. Ability to stay up to date with continuing education required for the position. Education, Licensure, Certification
Bachelor’s degree in accounting or finance. CPA required. MBA or graduate degree preferred. Seniority level
Director Employment type
Full-time Job function
Finance and Sales Industries: Medical Practices
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The Director of Finance serves as the primary financial officer for Urology Centers of Alabama (UCA). Major responsibilities include developing and maintaining accurate and compliant corporate financials; implementing and maintaining annual operating and capital budgets; financial analysis of new programs, acquisitions, and business development; revenue management in coordination with the RCM unit; preparation of all financial statements in accordance with financial management techniques appropriate to the healthcare industry; decision support and cost accounting; oversight of disbursements and receivables processes; and maintenance of banking, lending, and leasing relationships. The Director of Finance reports directly to the CEO. Responsibilities
In collaboration with the CEO, develop and plan company financial objectives, including short- and long-range programs in budgeting, profit analysis, ROI project analysis, and accounting systems. Implement and supervise financial practice management, accounting, and payroll processes across the organization. Actively maintain related licenses without lapses; report any lapse or encumbrance against license to UCA Leadership immediately. Evaluate accounting system with the CEO and develop a long-term accounting strategy. Oversee and direct preparation and issuance of annual/quarterly tax and other financial regulatory reports; prepare and review financial statements in conjunction with the practices accounting firm, RVU Analysis, and Physician Compensation Calculation for monthly Board of Directors. Direct financial accounting functions to ensure timely and accurate reporting of corporate financial information for informed decision making. Oversee revenue cycle management and develop strategies to increase cash flow; maintain systems of internal controls to safeguard assets. Plan, assign, and review work of staff; hire, train, develop, and manage staff to meet department objectives. Develop and implement financial policies and procedures and ensure compliance. Oversee disbursements (payroll and accounts payable) processing. Manage development of financial pro-formas and due diligence for new services development, capital equipment purchases, and expansion plans. Oversee annual audits on time with minimal or no adjustments. Maintain excellent relationships with outside lending institutions, pay sources, and the financial community. Price and analyze loans and purchasing options for capital expenditures. Lead or facilitate strategies and steps for cost containment within the organization. Evaluate and renegotiate insurance contracts; conduct regular insurance contract performance evaluations. Develop strategies to increase cash flow including improvements in revenue cycle management with a goal of increasing days cash on hand. Lead organizational planning for changing reimbursement methodologies. Ensure development and mentoring of staff within the department. Perform other related duties as assigned and participate in professional associations and community service activities. Qualifications
Maintain and control the general ledger accounts and business transactions, ensuring complete and accurate general ledger, journals, and account reconciliations; oversee daily cash management functions. Ability to build relationships with leaders and team members to drive better business performance. Ability to manage a small team of accounting and payroll professionals to achieve goals. Expert Excel skills and knowledge of Microsoft Office products. Expert skills in financial planning and analysis, budgeting, and financial forecasting. Ability to analyze and synthesize large data sets to identify and present meaningful observations and recommendations. Excellent organizational and written and verbal communication skills; ability to collaborate within a cross-functional team. Ability to take initiative, exercise sound judgment in problem-solving and decision making. Skill in developing people and building teams. Track financial performance and prepare monthly financial statements (income statement, balance sheet, cash flow) with variance reporting and present to the Board and executive team. Experience initiating, negotiating, and managing vendor relationships (banking, lending/financing, real estate development and leasing, tax/audit/accounting support, insurance, and other services). Experience negotiating payor and other vendor contracts. Self-directed with the ability to manage competing priorities and work under pressure. Experience with market-leading financial, budgeting, accounting, and data mining/analytics software; experience with financial system conversions. Oversee, approve, and authorize all payroll processes. Bachelor’s degree required; Accounting or Finance preferred; Masters degree preferred; CPA required. Minimum seven years of experience in accounting and/or planning and forecasting. Proven financial leadership with at least three years in healthcare financial management. Physician practice experience preferred in a group with more than $40M in annual revenue. Extensive knowledge of accounting and regulatory environments affecting Accounting, Tax, and Finance. Strategy to incorporate AI for performance improvement is encouraged; experience a plus. Responsible for sales/use tax compliance and other audit and compliance functions. Manage relationships with MSO for rebates, employee benefits, and other MSO initiatives benefiting the organization. Responsible for bonus calculations as outlined in various employment contracts. Ability to stay up to date with continuing education required for the position. Education, Licensure, Certification
Bachelor’s degree in accounting or finance. CPA required. MBA or graduate degree preferred. Seniority level
Director Employment type
Full-time Job function
Finance and Sales Industries: Medical Practices
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