Director of Finance - Virtual Company
Memphis, TN 38120
About the Job
Purpose of Position and Scope of Responsibility:
Provides direction in the administration, management, and coordination of financial operations within a specified physician division service line working in close collaboration with the CFO and operational leaders. Responsibilities include but are not limited to setting financial direction, standardization of operations, identification of efficiencies, financial oversight for service line operations, management of compensation, management of material management and purchasing, implementation of performance improvements, and administration of operating plans/goals.
Essential Functions:
- Participates in the strategic planning process in collaboration with the CFO and Operations to ensure appropriate financial targets/goals are developed.
- Implements operational goals and objectives ensuring alignment with service line business initiatives to meet the prescribed financial and budgetary parameters.
- Operationalizes integration strategies in areas of financial performance, budgetary accountability, and standardization/consolidation of services.
- Provides fiscal oversight related to key accounting functions, including:
- Conduct financial data aggregation and analysis for month end reporting (various entities)
- Balance sheet reserve calculation/analysis for month end reporting (various entities)
- Capital expenditure justification, as needed
- Provider productivity analysis (various entities)
- Provider service agreement accrual/analysis
- Supports standardization through the consistent application of policies/procedures and legal compliance with all regulatory agencies working with human resources, information systems, compliance, etc.
- Analyzes financial data so that appropriate financial assumptions can be made for strategic and tactical planning purposes and makes recommendations to leadership to ensure appropriate financial allocation of resources.
- Development of metrics and benchmark data
- Financial performance analysis/forecast (various entities)
- Periodic financial analysis and reporting (various entities)
- Implements work/system processes. Collaborates with CFO and Executive Director/Administrator to develop financial goals and reporting systems which review utilization/standardization, resource management, information systems, work load/productivity measures, and skill mix in order to monitor and manage labor costs.
- Trains, mentors and supports entity finance staff ensuring team has appropriate resources, skills and knowledge to provide financial guidance and meet performance expectations of the facility management team.
- Prepares and provides oversight for financial pro formas and projections, for the following but not limited to:
- Projects and new programs business cases
- Acquisitions or new service lines
- Performs other accountabilities as assigned or directed.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.