Elite Midwest Orthopedic Group seeks a Regional Chief Financial Officer. This is a hybrid role and will require 1 to 2 days onsite in the corporate office, based in Cincinnati, Ohio.
Responsibilities:
- Build, lead, and coach the financial operations team
- Support consistently growing EBITDA through leading profitable top-line growth initiatives, developing new partnerships, effectively managing expenses, and supporting development process (M&A)
- Serve as a strategic business partner with Operations leads to identify performance improvement opportunities and helping them “think around the corner” financially
- Represent the Executive Team at partnership, or board meetings
- Create and implement opportunities which drive financial growth and operational performance
- Manage the reporting of physician compensation, financial results, and identification of key drivers monthly. This will be accomplished through direct communication with key stakeholders, including physician-owners, regional operations leads, and internal leadership.
- Build positive relationships with CEO, regional operations leads, finance team, and physician-owners – functioning as a trusted advisor.
- Assess and evaluate financial performance of portfolio of practice partnerships with regard to long- and short-term financial goals, budgets, and forecasts
- Perform operational variance analyses to identify favorable or unfavorable business trends
- Partner with accounting team to ensure accuracy of monthly financial statements
- Coach practice executives and regional operations on financial matters and areas of improvement
- Participate in key decisions as they relate to strategic initiatives and operational models
- Prepare and present monthly financial results by practice partnership to internal and external leaders
- Review and analyze monthly financial results, physician compensation, and provide insight and recommendations on trajectory of business
- Oversee cash, investments, lending and leasing needs, and asset management for the partnership(s)
- Manage special transactions including equity changes, debt arrangements, and relocations
- Support the diligence and integration of small practice acquisitions and newly recruited physicians, broadly supporting the development team
- Perform proforma analyses of growth opportunities within existing practices (e.g. serviceline expansion and new market entry)
- Identify areas of opportunity to standardize, simplify, and streamline to drive our value of Continuous Improvement
Qualifications:
- An undergraduate or graduate degree in Accounting/Finance/Economics is required, Master degree is highly desirable
- A minimum of seven years of financial experience in healthcare required
- Experience with large multisite medical groups is highly desirable
- Familiarity with SAGE Intacct, PeopleSoft, Hyperion, and EMR data extraction a plus
- Physician compensation experience highly desirable
- Ability to digest financial information, render judgment, create context, pattern recognition
- Ability to meet deadlines and manage conflicting priorities
- Executive presence to deliver financial results and provide financial advice with confidence
- Demonstrated ability to explain complex financial results or transactions to physicians
- Ability to collaborate within other support service departments (revenue cycle, legal, supply chain, development, etc.) and with operations
Additional Information:
- Regional travel requirements: 25% (up to 50% at times during the first year)
Salary Range:$190,000–$240,000
Bonus Potential: 30%
Equity/Stock: Eligible with the parent company
Please email resume to:
Joshua Alubucker
Senior Vice President
NOOR Staffing Group
646-492-5653
jalbucker@noorstaffing.com