ORGANIZATION BACKGROUND:

ABOUT STAMFORD HEALTH

Stamford Health is a non-profit independent healthcare system with more than 3,500 employees committed to compassionately caring for the community and offering a wide-range of high-quality health and wellness services.  Patients and their families can rely on comprehensive person-centered care through the system’s 305-bed Stamford Hospital; Stamford Health Medical Group, with more than 30 offices in lower Fairfield County offering primary and specialty care; a growing number of ambulatory locations across the region; and support through the Stamford Hospital Foundation. Stamford Health is also a major teaching affiliate of the Columbia University College of Physicians and Surgeons. Dedicated to being the community’s most trusted healthcare partner, Stamford Health puts patients first to build long-lasting relationships.  For more information, visit StamfordHealth.org. Like us on Facebook and follow us on Twitter, YouTube, and Linked In.

KEY RESPONSIBILITIES:

SUMMARY

The Chief Financial Officer will be responsible for directing and supporting the financial operations for a multi-specialty physician practice and will be responsible in working closely with the management team to drive the financial vision, direction, guidance and compliance to support successful operations. This leadership position will oversee the financial analysis, planning, budgeting and billing operations of the group, providing direct control and supervision over all aspects of finance, accounting, contracting and revenue cycle management. Further, the Chief Financial Officer will actively participate in the development of the organization's strategic plan in the growth of the business.

MAJOR ACCOUNTABILITIES /CRITICAL RESPONSIBILITIES

The duties of the Chief Financial Officer include, but are not limited to, the following:

• Responsible for providing monthly, quarterly and annual financial reporting on a timely basis, required by the SHMG Board, government and other regulated agencies.
• Create drive and support to ensure effective and efficient structures and processes are in place for smooth financial and revenue cycle operations (including registration, admissions, billing and collections) across all associated physician centers and practices and to ensure optimal, timely, complete and accurate patient information is available to produce accurate accounting, maximize revenue and provide optimal customer service.
• Responsible for coordinating with external auditors and for the successful completion of the annual audit.
• Direct and coordinate the formulation of financial programs to provide funding for new or continuing operations, to maximize returns on investments, and to increase productivity.
• Direct the compilation of data and preparation of financial and operating reports for the planning and effective administration of physician group activities by management.
• Develop and maintain all accounting systems to provide complete and accurate records of the organization's assets, liabilities, and financial transactions.
• Responsible for collaborative/partnering with key vendors and sources to ensure effective cost and service performance.
• Direct and coordinate the company's financial affairs according to financial principles and government regulations.
• Be a catalyst for change and leader in exploring new revenue opportunities and cost efficiencies.
• Take a leadership role in promoting, instituting, and teaching financial discipline across all facets of the organization.
• Analyze opportunities for new practice acquisition, new services development, and expansion plans and ensure that the opportunities are aligned with the organization strategy.
• Develop appropriate physician productivity and reimbursement systems, prepare financial reports specific for each physician and each practice as well as manage and oversee the annual budget and process of the organization.
• Responsible for the direction and submission, on a timely basis, of the financial data associated reports required by government and other regulated agencies.
• Direct preparation of directives to division or department administrator outlining policy, program, or operating changes to be implemented.
• Create drive and support financial initiatives to support/enhance financial viability for the organization.
• Analyze, negotiate and manage contractual relationships with all provider sources with the goal of revenue maximization for services provided.
• Plan and direct new operational procedures to obtain optimum efficiency and reduced costs.
• Ensure compliance with closing calendar, planning deadlines and reporting requirements.
• Ensure development and mentoring of staff within the department.

Required Skills Required Experience

SKILLS & EXPERIENCE REQUIRED:

+--------------------------------------------------------------------------+ | The candidate we seek will be a self-starter with high intelligence and | | energy level; a team player with dynamic leadership skills, confidence | | to interact productively with all personalities, and exceptional | | communication and interpersonal skills; and, a strategic planner and | | problem solver who can successfully apply his/her experience and | | appropriate judgment to deal with complex business situations. Moreover, | | this executive will be a hands-on doer who balances participation with | | delegation and empowerment. | | | | In addition, the ideal candidate will have the following: | | | | - Requires extensive knowledge in leading and managing the finance and | | accounting functions within a multi-specialty group or large | | physician practice. Other relevant experience in a hospital system | | will be considered. | | - 5+ years’ relevant experience either in a hospital system or | | physician group environment. | | - Strong analytical, financial, writing and oral presentation skills. | | - Excellent project coordination skills. | | - Requires ability to select, motivate and influence others in a | | matrix environment. | +--------------------------------------------------------------------------+

EDUCATION: MBA degree required or BA with CPA.

LEADERSHIP CHARACTERISTICS:

ACTING WITH HONOR AND CHARACTER:  Is a person of high character; is consistent and acts in line with a clear and visible set of values and beliefs; deals and talks straight; walks his/her talk; is direct and truthful but at the same time can keep confidences.

BEING ORGANIZATIONALLY SAVVY:  Maneuvers well to get things done; maze bright; knows where to go to get what he/she needs; politically aware and agile; knows what the right thing to do is; presents views and arguments well.

COMMUNICATING EFFECTIVELY:  Writes and presents effectively; adjusts to fit the audience and the message; strongly gets a message across.

MANAGING DIVERSE RELATIONSHIPS:  Relates well to a wide variety of diverse styles, types, and classes; open to differences; effective up, down, sideways, inside, and outside; builds diverse networks; quick to find common ground; treats differences fairly and equitably; treats everyone as a preferred customer.

MAKING COMPLEX DECISIONS:  Can solve even the toughest and most complex of problems; great at gleaning meaning from whatever data is available; is a quick study of the new and different; adds personal wisdom and experience to come to the best conclusion and solution, given the situation; uses multiple problem-solving tools and techniques.

UNDERSTANDING THE BUSINESS:  Knows the business and the mission-critical technical and functional skills needed to do the job; understands various types of business propositions and understands how businesses operate in general; learns new methods and technologies easily.