Director of Finance at Jupiter Medical Center in Location not listed

Ranked #1 for Safety, Quality and Patient Satisfaction, Jupiter Medical Center is the leading destination for world-class health care in Palm Beach County and the greater Treasure Coast.

Outstanding physicians, state-of-the-art facilities, innovative techniques and a commitment to serving the community enables Jupiter Medical Center to meet a broad range of patient needs. Jupiter Medical Center is the only hospital in Palm Beach, Martin, St. Lucie and Indian River counties to receive a 4-star quality and safety rating from the Centers for Medicare & Medicaid Services (CMS).

Education

• Bachelor’s degree in healthcare, business or finance or equivalent experience required.
• Master's degree is strongly preferred.
• CPA or CMA certification preferred.

Experience / Qualifications

• Seven (7) years’ experience in the hospital industry, with demonstrated experience in analytics, or equivalent experience required.
• Healthcare background including experience with physician group practices required.
• Strong Excel and logic skills with knowledge of database interaction.
• Familiarity with Axiom and/or Workday Adaptive Planning product preferred.
• Ability to work autonomously, excellent interpersonal and communication skills, strong written and verbal communication skills and experience with formal presentations.
• Strong organizational and analytical skills.
• Ability to maintain confidential and company proprietary information.
• Ability to relate professionally and positively with employees at many levels.
• Superior problem solving, decision-making and systems-thinking skills.
• Team player with proven ability to develop strong working relationships within a complex organization.

Position Summary

The Director of Finance, JMCPG will play a critical role in transforming the financial planning function for the Jupiter Medical Center Physician Group (JMCPG) to drive forward-facing data analytics that align the financial, strategic, and operational goals of the organization. This leader will assist in reimagining how financial planning supports operational excellence and strategic growth, as well as resource optimization. The Director of Finance, JMCPG will be responsible for partnering with JMCPG leaders to support robust financial planning processes, developing valuable insights through the optimization of data reporting, leveraging costing capabilities and service line analytics to guide thoughtful decision-making.

Director of Finance, JMCPG reports to the Chief Financial Officer with a dotted line to the President of JMCPG. Responsibilities include but are not limited to:

Finance:

• Serves as a strategic partner, anticipating the needs of the organization and proactively sharing data and insights with Finance leadership and JMCPG leadership.
• Collaborate with JMCPG leaders on business plans for adding new providers or expanding service lines.
• Align departmental objectives with the organization’s broader strategic initiatives for growth, innovation, and patient excellence.
• Contribute to long-term planning by identifying opportunities for operational and financial improvement.
• Provide analysis for new and/or existing programs.
• Partner with Revenue Cycle to ensure accuracy of JMCPG RVU reporting, billing, and recorded revenue.
• Assist Finance/Accounting team with other items and reports as required.

Budget:

• Lead the annual process for creating the operating and capital budgets in partnership with JMCPG leadership.
• Lead the creation and maintenance of visit/RVU statistics, expense allocations, and alignment of FTEs by service line and location.
• Analyze monthly performance to annual budget and offer insights regarding variance to plan and steps to mitigate unfavorable variances.

Reporting:

• Standardize and automate financial processes to improve efficiency, accuracy and scalability of financial reporting.
• Track and analyze key performance metrics such as RVUs, patient volumes, and revenue performance.
• Partner with operational leaders to produce variance analyses and explanations for all JMCPG departments, including productivity and monthly operating reviews (MOR’s).
• Maintain performance and ensure adequacy of reporting hardware and databases.
• Maintain, improve, and create dashboards/reports in various systems.

Cost Accounting:

• Partner with JMCPG leadership to ensure accuracy and optimization of costing data.
• Produce service line analytics that support strategic decision making.
• Ensure integrity of cost data, including scheduled uploads, downloads, and reconciliations.
• Review allocations of expense to appropriate departments, as necessary.
• Maintain Service Line logic and reporting.
• Update and maintain cost accounting software and allocation templates.

Physician and Provider Relations:

• Serve as the main point of contact for providers regarding compensation, RVUs, and billing matters.
• Prepare year-end accruals for incentive and quality payouts.
• Monitor productivity contracts to identify physicians approaching their caps and coordinate updates with the CFO, JMCPG President, and Legal teams.
• Conduct quarterly or biannual reviews of provider contracts to ensure alignment between production calculations and standardized compensation across departments.
• Partner with institute administrators to track contractual quality metric obligations and monitor outcomes.
• Oversee the administration of annual provider payouts tied to quality performance metrics.
• Ensure compliance with organizational policies, regulatory standards, and quality benchmarks to maintain superior patient care and satisfaction.

Other:

• Foster a service-oriented culture and close partnership with operational leaders.
• Develop a team that is centered around excellence and continuous improvement.
• Encourage the development of “systems thinking” with team members.
• Oversee the development of policies, procedures, and operating guidelines. Collaborates with other services within the division. Ensures that information is disseminated to staff is monitored for effectiveness and changed as needed.
• Understand and enforces all hospital and personnel policies and procedures.
• Lead and/or serve on hospital and Patient Care Services committees, teams, and work groups as required.
• Proactively seek out new and evolving trends within the healthcare industry, as well as outside industries, to stay abreast of new developments.
• Perform other duties as assigned

Leadership Competencies

Establishing Relationships

Builds effective networks, working relationships, and alliances with a broad range of stakeholders (both internal and external) in order to collaborate effectively within divisions and across boundaries. Can relate to all kinds of people regardless of background; find topics and common interests that can be used to build rapport with others. Balances the needs of both Finance leadership and JMCPG leadership to align and coordinate expectations across multiple stakeholders.

Developing Talent

Provides guidance and feedback to help colleagues strengthen knowledge/skills needed to accomplish tasks, solve problems, and perform effectively.

Inspiring and Motivating Others

Fosters commitment and cohesiveness by motivating, guiding, and facilitating teamwork within Finance and JMCPG departments toward goal accomplishments. Can influence others, build consensus, and ensure cooperation from others to gain genuine acceptance to accomplish “win-win” solutions.

Demonstrating Emotional Intelligence

Exercises self-leadership, self-awareness, and self-regulation; manages emotions so that they are expressed appropriately; leads others by showcasing adaptability, empathy, and social skills.

Acting with Integrity

Interacts with others in a way that is seen as direct and transparent; ensures confidence in individual and organizational motives and representations. Acts in a way that is consistent with personal and organizational values by keeping confidence, promises, and commitments. Clearly states goals and beliefs; informs people of their true intentions, does what they say they will do; follows through on commitments.

Acting Strategically

Aligns day to day activities around broader organizational goals and objectives; prioritizes resources based on the strategic objectives of the organization.

Being a Champion for Change and Innovation

Supports people in their efforts to try new things. Generates novel and valuable ideas and uses these ideas to suggest new or improved processes.

Communicating Effectively

Speaks and writes clearly, conveys information in a concise, organized, and logical manner. Listens attentively and exercises tact, discretion, and diplomacy when interacting with members of the department and across the organization.

Promoting Diversity and Inclusion

Treats all people with dignity and respect by being fair and consistent. Demonstrates an open-minded approach to understanding people regardless of their gender, age, race, national origin, religion, ethnicity, disability status, or other characteristics. Challenges bias and intolerance. Develops all-inclusive groups in the realms of social interaction and communication. Shows respect for the beliefs of others; encourages and promotes practices that support cultural diversity; discourages behaviors or practices that may be perceived as unfair, biased, or critical toward people with certain backgrounds.

Holding Self and Others Accountable

Sets clear performance expectations and objectives for self and others; evaluates work performance and provides feedback when needed. Accepts responsibility and accountability.

Physical Requirements

Requires sitting for long periods of time, use of computer and other telecommunication devices. Must be able to work in a stressful environment, work independently, and be capable of critical thinking, making sound decisions, detail oriented, alert, and self-motivated.

Threshold Requirements

• These threshold requirements are required to be completed on an annual basis:
  • Annual Joint Commission mandatory education requirements, in-service and health requirements including attendance at new employee orientation.
  • TB/PPD Surveillance Program.
  • Maintenance of required professional licensing and/or certification(s).

This is not necessarily an extensive list of all responsibilities, skills, duties, requirements, or working conditions associates with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or require that other or different tasks be performed when circumstances change. I have reviewed these job requirements and verify that I can perform all essential functions of this position.