Associate Director Finance at SCA Health
United States, , USA -
Full Time


Start Date

Immediate

Expiry Date

16 Nov, 25

Salary

165000.0

Posted On

16 Aug, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Pattern Recognition, Financial Results, Operations, Medical Groups, Revenue Cycle, Supply Chain

Industry

Financial Services

Description

Overview:
At SCA Health, we believe health care is about people – the patients we serve, the physicians we support and the teammates who push us forward. Behind every successful facility, procedure or innovation is a team of 15,000+ professionals working together, learning from each other and living out the mission, vision and values that define our organization.
As part of Optum, SCA Health is redefining specialty care by developing more accessible, patient-centered practice solutions for a network of more than 370 ambulatory surgical centers, over 400 specialty physician practice clinics and numerous labs and surgical hospitals. Our work spans a broad spectrum of services, all designed to support physicians, health systems and employers in delivering efficient, value-based care to patients without compromising quality or autonomy.
What sets SCA Health apart isn’t just what we do, it’s how we do it. Each decision we make is rooted in seven core values:
-

Clinical quality

  • Integrity
  • Service excellence
  • Teamwork
  • Accountability
  • Continuous improvement
  • Inclusion

Our values aren’t empty words – they inform our attitudes, actions and culture. At SCA Health, your work directly impacts patients, physicians and communities. Here, you’ll find opportunities to build your career alongside a team that values your expertise, invests in your success, and shares a common mission to care for patients, serve physicians and improve health care in America.
At SCA Health, we offer a comprehensive benefits package to support your health, well-being, and financial future. Our offerings include medical, dental, and vision coverage, 401k plan with company match, paid time off, life and disability insurance, and more. Click here to learn more about our benefits.
Your ideas should inspire change. If you join our team, they will.
Accountabilities / Responsibilities:
SCAH partners with independently minded specialty practices to provide practice management and clinical performance support, referral and payer alignment, data analytics, and strategic capital. While the physicians themselves provide clinical leadership, market knowledge and clinical excellence to create market-leading specialty care delivery systems.
Reporting to the Director of Finance, the Associate Director of Finance will directly support the success of practice operations for one of our large practice-MSO partnerships located in the Washington DC metro and coastal Virginia. This position will have financial responsibility for managing all aspects of the multiple divisions within CDC as well as the activities that pertain to SCA Health’s need for reporting, analyzing, and planning via the MSO.

RESPONSIBILITY DESCRIPTION:

The successful candidate is responsible for all financial aspects of our MSO partnership and eventually a portfolio of MSO/practice partnerships, including, but not limited to:

  • Support consistently growing EBITDA through leading profitable top-line growth initiatives, developing new partnerships, effectively managing expenses, and supporting development process (M&A)
  • Acting as a strategic business partner with Operations leads to identify performance improvement opportunities and helping them “think around the corner” financially
  • Speaking with authority on behalf of the Director of Finance/Group CFO and representing him/her at partnership, or board meetings
  • Creating, implementing and pulling through opportunities which drive financial growth and operational performance
  • Manage the physician compensation results monthly. By communicating with physicians and the practice CEO identifying drivers impacting results
  • Build positive relationships with MSO and operational leads, working closely with them as a business partner

Key Activities:

  • 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 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. service line 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
  • A minimum of five years of financial experience in healthcare required
  • Experience with large multisite medical groups is highly desirable
  • 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
  • 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
  • Build relationships and collaborate with physicians and MSO leadership
  • Travel requirements: 25%

Min: USD $145,000.00/Yr. Max: USD $165,000.00/Yr

How To Apply:

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Responsibilities
  • Support consistently growing EBITDA through leading profitable top-line growth initiatives, developing new partnerships, effectively managing expenses, and supporting development process (M&A)
  • Acting as a strategic business partner with Operations leads to identify performance improvement opportunities and helping them “think around the corner” financially
  • Speaking with authority on behalf of the Director of Finance/Group CFO and representing him/her at partnership, or board meetings
  • Creating, implementing and pulling through opportunities which drive financial growth and operational performance
  • Manage the physician compensation results monthly. By communicating with physicians and the practice CEO identifying drivers impacting results
  • Build positive relationships with MSO and operational leads, working closely with them as a business partne
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