Vaco
Vaco is hiring for a Financial Manager of Physician Enterprise in Cleveland OH
Direct Hire
Salary: 100-130,000/yr
Position Summary: The Finance Manager of Physician Enterprise oversees the financial operations, planning, and analysis functions for the physician network or medical group within the organization. This role partners closely with leadership, clinical operations, and administrative teams to ensure sound financial management, operational efficiency, and alignment with strategic goals. The Finance Manager serves as a key advisor, providing insight into financial performance, productivity, and opportunities for growth and cost optimization.
Key Responsibilities
Oversee all financial activities related to the physician enterprise, including budgeting, forecasting, monthly close, and variance analysis.
Develop and maintain detailed financial reports and dashboards to support decision‑making for clinical and administrative leadership.
Analyze physician practice performance, including provider productivity, revenue cycle metrics, payer mix, and expense trends.
Collaborate with operational leaders to identify and implement initiatives that improve profitability, efficiency, and resource utilization.
Prepare pro‑forma analyses and financial models to support physician recruitment, service line expansion, and capital investment decisions.
Ensure compliance with internal controls, organizational policies, and healthcare regulatory and reporting requirements.
Partner with Revenue Cycle, Payroll, and Accounting teams to ensure accuracy in billing, collections, and compensation allocations.
Participate in strategic planning and business development efforts, providing financial insights and risk assessments.
Lead month‑end and year‑end financial reviews for the physician enterprise, presenting key findings and recommendations to senior leadership.
Supervise and mentor financial analysts or support staff within the department, promoting continuous learning and professional growth.
Qualifications
Education:
Bachelor's degree in Finance, Accounting, Business Administration, or related field required; Master's degree or MBA preferred.
Experience:
5+ years of progressive financial management experience in healthcare, preferably within a physician group, medical practice, or hospital system.
Skills:
Strong financial modeling and analytical abilities.
In‑depth understanding of physician practice operations, compensation models, and revenue cycle processes.
Proficiency with financial systems and tools (e.g., Excel, ERP, and EHR reporting systems).
Excellent communication, presentation, and leadership skills.
Ability to translate complex financial data into actionable insights.
Compensation & Benefits Salary range: $100,000 – $130,000 per year. The individual may be eligible for discretionary bonuses. Benefits include medical, dental, vision, and a 401(k) retirement plan.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign‑born residents, and veterans to apply.
EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com.
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respect your privacy and are committed to providing transparent notice of our policies.
California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees.
Virginia residents may access our state specific policies.
Residents of all other states may access our policies.
Canadian residents may access our policies in English and in French.
Residents of countries governed by GDPR may access our policies.
Pay Transparency Notice Compensation is determined based on a wide array of factors including individuals’ skill sets, experience, licensure, certifications, office location, and other business and organizational needs.
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Position Summary: The Finance Manager of Physician Enterprise oversees the financial operations, planning, and analysis functions for the physician network or medical group within the organization. This role partners closely with leadership, clinical operations, and administrative teams to ensure sound financial management, operational efficiency, and alignment with strategic goals. The Finance Manager serves as a key advisor, providing insight into financial performance, productivity, and opportunities for growth and cost optimization.
Key Responsibilities
Oversee all financial activities related to the physician enterprise, including budgeting, forecasting, monthly close, and variance analysis.
Develop and maintain detailed financial reports and dashboards to support decision‑making for clinical and administrative leadership.
Analyze physician practice performance, including provider productivity, revenue cycle metrics, payer mix, and expense trends.
Collaborate with operational leaders to identify and implement initiatives that improve profitability, efficiency, and resource utilization.
Prepare pro‑forma analyses and financial models to support physician recruitment, service line expansion, and capital investment decisions.
Ensure compliance with internal controls, organizational policies, and healthcare regulatory and reporting requirements.
Partner with Revenue Cycle, Payroll, and Accounting teams to ensure accuracy in billing, collections, and compensation allocations.
Participate in strategic planning and business development efforts, providing financial insights and risk assessments.
Lead month‑end and year‑end financial reviews for the physician enterprise, presenting key findings and recommendations to senior leadership.
Supervise and mentor financial analysts or support staff within the department, promoting continuous learning and professional growth.
Qualifications
Education:
Bachelor's degree in Finance, Accounting, Business Administration, or related field required; Master's degree or MBA preferred.
Experience:
5+ years of progressive financial management experience in healthcare, preferably within a physician group, medical practice, or hospital system.
Skills:
Strong financial modeling and analytical abilities.
In‑depth understanding of physician practice operations, compensation models, and revenue cycle processes.
Proficiency with financial systems and tools (e.g., Excel, ERP, and EHR reporting systems).
Excellent communication, presentation, and leadership skills.
Ability to translate complex financial data into actionable insights.
Compensation & Benefits Salary range: $100,000 – $130,000 per year. The individual may be eligible for discretionary bonuses. Benefits include medical, dental, vision, and a 401(k) retirement plan.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign‑born residents, and veterans to apply.
EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com.
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respect your privacy and are committed to providing transparent notice of our policies.
California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees.
Virginia residents may access our state specific policies.
Residents of all other states may access our policies.
Canadian residents may access our policies in English and in French.
Residents of countries governed by GDPR may access our policies.
Pay Transparency Notice Compensation is determined based on a wide array of factors including individuals’ skill sets, experience, licensure, certifications, office location, and other business and organizational needs.
#J-18808-Ljbffr