Job Title: Director of Finance
Job Location: Boston, MA
Shift Timings: 08:00 AM to 05:00 PM [Monday to Friday] - Hybrid schedule (minimum of 3 days on-site.)
Job Type: Direct Hire/Permanent
The Director of Finance is responsible for managing complex budgets, accounting operations, and revenue cycle performance while driving automation and strategic financial modeling in a fast-paced, consensus-driven academic medical environment.
Key Responsibilities:
- Financial Leadership & Strategy
- Acts as the primary financial advisor to NSI Executive Leadership and Department Chairs.
- Leads financial integration efforts and helps establish the infrastructure for the newly formed Neuroscience Institute.
- Develops long-term financial models, projections, and impact analyses for new initiatives and physician recruitment.
- Budget & Operations Management
- Directs the preparation of annual operating and capital budgets across multiple hospital and physician organizations.
- Oversees all accounting functions: P&L statements, cash flow, internal controls, and audit compliance.
- Manages complex funding sources, including endowments, sundry funds, and faculty compensation plans.
- Revenue Cycle & Efficiency
- Serves as the primary liaison to Revenue Cycle Operations (RCO) to optimize billing, coding, and collections.
- Implements process improvements and automation (utilizing Workday and Strata) to increase departmental efficiency.
- Monitors operational performance and implements cost-containment strategies where necessary.
Core Requirements:
MUST HAVES:
- Academic Medical Center Experience: 7-10 years of healthcare experience specifically within an Academic Medical Center (AMC), with a strong background in finance, accounting or operations management
- Expertise: Superior financial acumen with deep experience in clinical revenue cycles and academic medical accounting.
- Leadership: Proven ability to navigate complex, high-volume environments and lead through influence and consensus.
- Communication: Ability to distill complex data into executive summaries for senior leadership.
- Drive: Self-motivated and resourceful, with a commitment to integrity and high-performing standards.
- Systems knowledge: Hands on experience using Workday and Strata is preferred.
NICE TO HAVES:
- Integration Experience: Proven experience with clinical or business integrations, specifically the ability to architect one cohesive financial model out of historically separate departments.
- Systems Knowledge: Hands-on experience using Workday and Strata.
- Physician Finance: Experience managing physician compensation plans, clinical endowments, and faculty packages.
Education:
- CPA or a Master's degree (in finance, business, public, or health management) is required