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Chief Financial Officer

Regional Cancer Care Associates

This is a Contract position in East Brunswick Township, NJ posted December 15, 2019.

Currently we are seeking a Chief Financial Officer for our Central Jersey Division.

The Chief Financial Officer will be responsible for directing and supporting the financial operations for a large 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.

Responsible for providing monthly, quarterly and annual financial reporting on a timely basis, required by the managing partners, 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.

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.

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 practices’ 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.

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.

Job Type: Full-time Experience: Finance: 5 years (Preferred) hospital or physician group: 5 years (Required)