Bachelor's degree in finance, Accounting, Business Administration, or related field
7+ years of progressive experience in finance or accounting
5+ years in a leadership role
Proficient in Work RVUs, Physician compensation models, and Revenue cycle operations
Proven track record of executing financial strategies for operational efficiency
Strong analytical skills to interpret complex financial data
Exceptional communication skills for diverse stakeholder engagement
Demonstrated leadership with a focus on teamwork and collaboration
Responsibilities
Develop and implement financial strategies aligned with business objectives
Collaborate with leadership to identify growth opportunities and financial risks
Oversee preparation of accurate financial reports and provide insightful analysis
Lead budgeting and forecasting processes, monitoring variances and initiating corrective actions
Ensure robust financial controls and optimize revenue cycle management
Evaluate investment opportunities and support capital allocation decisions
Identify and mitigate financial risks while ensuring regulatory compliance
Provide leadership and mentorship to the finance team, fostering a culture of excellence
Benefits
Leadership role within a key executive team
Opportunity to drive sustainable growth in healthcare services
Engagement with diverse stakeholders across the organization
Focus on professional growth and team development
Involvement in strategic decision-making for financial operations
Full Job Description
Job Overview:
The Health Services Director of Finance provides financial guidance and insights to inform business decisions, optimize financial performance, and ensure the efficient utilization of resources across our Outpatient Services and facilities. Drives sustainable growth and serves as a key executive team member of the Ardent Health Services Group.
Responsibilities
Develops and implements financial strategies aligned with the organization's overall business objectives, long-term goals, and mission.
Collaborates with Health Services Leadership to identify growth opportunities, potential risks, and areas for financial improvement.
Oversee the preparation of accurate and timely financial reports, including monthly, quarterly, and annual financial statements. Provides insightful financial analysis and performance metrics to guide decision-making and inform business strategies
Leads the budgeting and forecasting processes, ensuring the alignment of financial plans with organizational priorities for this business segment. Monitors and analyzes budget variances and initiates corrective actions as needed.
Ensures the implementation of robust financial controls and best practices to safeguard the organization's assets. Optimizes revenue cycle management and financial operations to enhance cash flow and efficiency.
Evaluate investment opportunities and provide financial analyses to support capital allocation decisions. Works closely with the Health Services Leadership and other stakeholders to evaluate and prioritize investments in facilities, technology, and other strategic initiatives.
Identifies and mitigates financial risks through risk assessment and mitigation strategies. Ensure compliance with regulatory requirements and reporting standards.
Provides leadership and mentorship to the finance team, fostering a culture of excellence, accountability, and professional growth. Collaborates with finance leaders across the organization to drive consistent financial practices.
Qualifications
Job Requirements:
Bachelor's degree in finance, Accounting, Business Administration, or related field
7+ years or more of progressive experience in finance or accounting
5+ years or more in a leadership role
Proficient with understanding Work RVUs, Physician compensation models, and Revenue cycle operations
Proven track record of developing and executing financial strategies that drive operational efficiency and sustainable growth
Strong analytical and problem-solving skills with the ability to interpret complex financial data and trends
Exceptional communication and presentation skills with the ability to convey financial information to a diverse group of stakeholders
Demonstrated leadership capabilities with a focus on teamwork, collaboration, and building strong relationships
Preferred Job Requirements:
Master's degree in healthcare administration, Business Administration, Accounting, or a related field.
Extensive experience in the healthcare industry or a similar complex, multi-site environment
Demonstrated experience working within a physician practice or medical group environment
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About Ardent Health Services
Ardent Health Services is a healthcare company that operates hospitals and other healthcare facilities in the United States. The company was founded in 1993 and is headquartered in Nashville, TN. Ardent Health Services is committed to providing high-quality healthcare services to patients and their families. The company's mission is to improve the health of the communities it serves by providing compassionate, personalized care.
