Logo
Mass General Brigham Incorporated.

Director of Finance

Mass General Brigham Incorporated., Boston, Massachusetts, us, 02298

Save Job

You may choose to display a cookie banner on the external site. You must specify the message in the cookie banner and may add a link to a relevant policy. If you are unfamiliar with these requirements, please seek the advice of legal counsel. )* CPA, master’s degree in finance, business, public or health management, or equivalent work experience required.* 7-10 years of experience in healthcare in an academic medical center, with a combination of finance, accounting, and/or operations management experience required.* Mastery of budgetary and accounting principles/practices required, including the ability to prepare, interpret, and analyze financial information.* Experience including budget, financial analysis, and/or reimbursement in a physician practice or managed care environment, required.* Significant management experience required with a demonstrated track record of successfully leading teams.* Experience working in a highly matrixed organization / environment strongly preferred.* Outstanding organizational skills to manage many competing responsibilities and priorities.* Ability to delegate, effectively supervise, and plan for the timely and successful completion of objectives.* Exceptional interpersonal skills and a high degree of social facility in obtaining cooperation and support from a broad range of people.* Demonstrated ability to interact with all members of the organization in ways that enhance understanding, respect, cooperation, and problem solving.* Excellent verbal and written communication skills to communicate effectively with a large and diverse constituency including departmental leadership, administrative staff, clinical and research faculty, and leaders across the AMCs and MGB.* Excellent negotiation skills in complex internal and external situations.* The ability to independently resolve quickly most problems encountered.* Demonstrated sensitivity, discretion, and judgment regarding confidential matters.- **Results orientation:**

Results-driven approach with experience/ability to achieve results in a metrics based analytical environment.- **Organizational Skills:**

Outstanding organizational skills are necessary to manage many competing timetables and responsibilities and deadline pressures.* Ensures that the highest standards of integrity, ethics, control, and confidentiality are maintained at all times across all financial and accounting matters under the purview of the NSI and MGB Departments of Neurology and Neurosurgery.* Continually and openly communicates with the NSI Chief Administrator and NSI Executive Administrators on all matters related to the NSI and Departments of Neurology and Neurosurgery fiduciary responsibilities. Provides financial leadership and counsel.* Establishes and enforces finance and accounting policies across the MGB Departments of Neurology and Neurosurgery congruent with NSI, BWH, BWPO, BWFH, MGH, MGPO, HMS, and MGB guidelines.* Develops and maintains healthy working relationships with NSI and MGB Departments of Neurology and Neurosurgery administrators and central team members, ensuring their understanding of and compliance with finance and accounting policies, deadlines, controls, separation of duties, and directives, and providing training as appropriate.* Provides analytical support, projections, modeling, and recommendations to NSI and Department leadership, Chairs, division administrators, central team, and others regarding current financial status, budgets / forecast, compensation, and proposed initiatives (e.g. compensation plan redesign, overhead allocations, department charge analysis).* Reviews and approves selected transactions and requests for spending (e.g., advanced authorizations, expense reports) for the MGB Departments of Neurology and Neurosurgery.* Measures and communicates operational performance of the NSI and Departments of Neurology and Neurosurgery, identify opportunities, assists in the implementation of any enhancements, and is responsible for internal control processes.* Works closely with the Executive Administrators of Neurology and Neurosurgery on the development of policies, operating and administrative programs, and strategic plans.* Provides primary support to the Executive Administrators in the development of consistent clinical financial reporting for the divisions. Meet with administrators as needed to review and monitor reports.* Leads monthly finance meetings.* Monitors all physician organization, hospital, HMS, sundry funds, and endowments with the NSI and Departments of Neurology and Neurosurgery.* Ensures accurate reporting of profit and loss statements for operational accounts, balance sheets, reforecasts, and cash flows for the NSI and Departments of Neurology and Neurosurgery.* Coordinates with Accounts Payable, Research Finance, Payroll, and other departments as needed for resolution of errors or identification of charges.* Responsible for working with Executive Administrators and physicians to prevent, identify and resolve projected overruns and deficits in a timely manner for clinical funds.* Accountable for comprehensive monthly accounting of hospital support to the NSI and Departments of Neurology and Neurosurgery, including via direct and indirect support. Oversees account reconciliation process and ensures appropriate adjustments, inter-company settlements and follow-up are performed on a timely basis.* Provides oversight of the NSI and Departments of Neurology and Neurosurgery non-patient contractual arrangements, which requires coordination with the central billing offices related to generation of invoices, collection of outstanding receivables, payment posting of receipts, and monthly reporting.* Manages professorship endowments through Harvard Medical School.* Assists in establishing and closing out of sundry funds.* Manages existing sundry funds, endowments, and advises on combination and or elimination of sundry funds.* Reconciles all chief/faculty packages in conjunction with the Executive Administrators on a regular basis and shares updates with relevant stakeholders.* Works with Executive Administrators on capital requests, purchases, and assignment of expenditures.* Coordinates the NSI and Departments of Neurology and Neurosurgery participation in audits as appropriate or as requested.* Develops executive summaries for NSI and Departments of Neurology and Neurosurgery leaders for presentation.* Responsible for administration of professional compensation in accordance with the Departments of Neurology and Neurosurgery plans as well as HMS, AMC, and MGB guidelines. Analyzes and administers exceptions as required.* Conceptualizes and performs a variety of financial analyses (e.g. for global/fixed fee developments, physician recruitment, physician compensation plan, business/program development, projecting budget surpluses/deficits, etc.). Prepares and presents various cost analyses and budget justifications.* Monitors accounting procedures and internal controls and creates systematic processes for auditing.* Monitors cash requirements to meet cash targets. Leads NSI and Departments of Neurology and Neurosurgery interactions with MGB treasury and financial institutions.* Provides direct supervision to and is responsible for the conduct, operations, and results of direct reports and subordinate staff.* Develops and implements change management programs including efficiency and resource utilization projects.* In times of transition, supports areas that require interim leadership support.* Actively considers opportunities to grow the abilities, skills, and support of employees through professional development, enhanced communication vehicles, employee-focused initiatives, and otherwise.* Oversees the involvement and responsibilities of the NSI and Departments of Neurology and Neurosurgery with respect to conversions and upgrades of automated financial systems as required.* Works #J-18808-Ljbffr