Director of Practice Finance - Operations Controller

Mississippi Sports Medicine

• $100K — $120K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Economics, or similar field; Master's preferred but not required for experienced candidates.
  • 5-8 years of management experience in healthcare accounting necessary.
  • High-level Excel skills essential to the role.
  • Strong verbal and written communication skills, demonstrating professionalism and courtesy.
  • Proven ability to manage the profitability of a multifaceted medical practice.

Responsibilities

  • Produces and reviews monthly productivity, revenue, and overhead for physicians and extenders.
  • Develops ad hoc and recurring analyses to optimize operational efficiency.
  • Presents detailed reports to management and board members.
  • Maintains oversight on leases, contracts, and compliance reporting.
  • Assists in cost control and purchasing management.

Benefits

  • Flexible work hours, including some evening and weekend shifts.
  • On-site full-time position fostering teamwork and collaboration in an office environment.
  • Opportunities for personal and professional growth within the healthcare sector.
Full Job Description
Educational & Experience Requirements: Bachelor's degree in Accounting, Economics, or related field preferred. Graduate degree preferred, though significant related experience may be substituted for graduate degree. Five to eight years' management experience in healthcare accounting and high-level Excel skills required.

Typical Physical Demands & Working Conditions: Fast paced, deadline driven. Working in an office environment. Occasional evening or weekend work.

Skills and Abilities:

  • Extremely strong Excel skills required.
  • Must be able to communicate effectively in a very professional, courteous and respectful manner.
  • Must have strong interpersonal skills.
  • Word processing/administrative skills, including written and verbal communication.
  • Ability to exercise initiative, problem-solving, and decision making. Must perform all job duties in an accurate, professional and expedient manner.
  • Experience managing and maximizing the profitability of a medical practice with multiple service lines (clinic, surgery, MRI, PT, etc.).
  • Comfortable performing quantitative and analytical duties.
  • Ability to handle many projects at one time.
  • Excellent presentation skills
  • Comfortable presenting complex financial data to a broad audience


Responsibilities include, but are not limited to, the following:

  • Produces and reviews monthly productivity, revenue, and overhead for physician and extenders.
  • Develops ad hoc analysis, pro forma and ROI analysis, and recurring analysis to help optimize operations.
  • Formally presents reports to management and board members.
  • Maintains and reviews leases, contracts, and regulatory reporting.
  • Assists in maintaining cost control and purchasing controls.
  • Prepares detailed surgical case, physical therapy, imaging and other ancillary analysis.
  • Assists in preparation of tax returns.
  • Maintains general ledger, journal entries, chart of accounts and other related financial statement infrastructure.
  • Reconciles cash to accrual basis.
  • Facilitates efficient accurate closing on monthly accounting records/books.
  • Maintains banking records, reconciles bank statements.
  • Oversees administration of physician compensation formula.
  • Maintains solid relationships with outside financial advisors - i.e., accounting firm and bank.
  • Maintains and oversees system of internal controls and all aspects of financial and governmental compliance.
  • Directs and oversees the facilitation of accounts payable.
  • Generates internal financial statements monthly, and facilitates financial reviews with department heads.
  • Assists in optimizing performance of billing, receivables, and collection functions.
  • Develops the annual budget and monitors the monthly financial results to ensure budget is adhered to.
  • Manages all internal requests for special bonuses when needed.
  • Position is onsite-full time, some weekend and evening work required as needed.


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