Reporting to the Chief Financial Officer for ColumbiaDoctors (Faculty Practice Organization), the Senior Director of Finance will be responsible for:  

Supervision and review of: 

·      Operating and capital budgets for the FPO Business Unit (Annual and Quarterly)

·      Financial reporting of the Clinical Departments and FPO Administrative Unit

·      FPO Clinical Department Revenue and Assessment

·      Variances from budget expectations and recommendations for corrective action

·      Business plan analysis to improve operations and implement new opportunities

·      Quarterly accounts receivable valuation and performance by department

·      Reimbursement analysis and selected reviews of patient financial transactions

·      Expense analysis of clinical department operations

·      Malpractice insurance enrollment and related cost allocations

·      Development of policies and procedures 

Clinical Department Expenses—collaborate with Clinical Departments and the Revenue Cycle management team to develop costs of operations by function and process. This initial step will lead to comparison with “best practices” (internal and external), identification of performance metrics, and implementation of efficiencies to reduce cost and improve service to physicians and patients. Establish reporting consistency and incorporate into the budget process. 

Business Plans—collaborate with Clinical Departments and the Space and Facilities management team to develop sound plans for the deployment of our resources and capital. Utilize conservative assumptions on volume, payer mix, and rates while ensuring that all costs are recognized to deliver quality service to physicians and patients. Establish a consistent protocol for the planning process. 

Procurement—identify services, supplies, and medical office equipment that are common across departments, perform an assessment of the market, and improve quality while reducing cost. (Consider establishing a Standards Committee.) 

Assessment of Insurance Programs—collaborate with senior management and the University to evaluate liability, return on assets, appropriateness of coverage relative to risk, and the most effective vehicle to cover the physicians and institution. 

Accounting and Reporting—conduct reviews of Clinical Department accounting practices and recommend/implement changes to improve consistency and accuracy in the reporting of financial information. Develop monthly financial reporting for operations and financial position in a production (automated) environment; establish protocols for budget variance review, explanation, and implementation of improvement plans.

Relevant Experience:

·      Ten years of progressive healthcare financial management experience, preferably in an academic  institution. 

·      Revenue cycle management

·      Procurement management and contracting

·      Financial reporting and accounting

·      Risk management (malpractice, GL, and Workers Comp)

·      Development and implementation of business plans

·      Review and implementation of process and controls

·      High-level report preparation and presentation    

Qualifications: 

·      Bachelor’s degree in Business Administration or related field

·      Strong initiative and ability to work independently

·      Customer service focus

·      Knowledge of IDX Patient Financial Accounting and Management Systems

·      Strong working knowledge of financial and budgeting systems

·      PC skills (Microsoft Office, particularly Excel)

·      Ability to interact with senior management and communicate effectively with clinical department administration

·      Excellent oral and writing skills

Apply online at:

https://jobs.columbia.edu/applicants/Central?quickFind=116771

Columbia University is an affirmative action/equal opportunity employer.