What are the responsibilities and job description for the Director, Finance & Strategy position at AC3, Inc?
POSITION: Director, Finance and Strategy
DEPARTMENT: Finance
FLSA STATUS: Exempt
REPORTS TO: Chief Executive Officer
POSITION SUMMARY:
The Director, Finance and Strategy will partner closely with the Executive Director, Clinical Operations, to help drive key initiatives in line with the organization's overall strategic direction. He/She conducts analysis to understand the market, its competitive landscape, customer needs and MHO capabilities. He/She plays a key role in strategic initiatives and functional strategies for the organization, including mergers, acquisitions, and strategic partnerships. He/She will oversee all financial aspects of business and drive the company’s financial strategy and planning and will be responsible for assessing the financial performance of the company. He/She is a reliable professional with broad knowledge of all accounting, financial and business principles, and how they are applicable in a clinical setting. He/she is a strategic thinker and effective leader who can make profitable, patient-centric decisions.
The goal of the individual in this role is to guide the company towards profitability and long-term success, through collaboration with the Executive Director of Clinical Operations. Keeping patient care at the center, this role will play a pivotal function in helping to establish and maintain business systems that provide critical business data to clinicians to drive optimal outcomes for all – for the short-term, and into the future.
CORPORATE PHILOSOPHY:
Employees of Michiana Hematology-Oncology, PC are committed to abide by and uphold the mission and values of the corporation, ensuring compassion and service excellence.
MHO VALUES:
Compassion for ALL - At MHO, we provide patience, kindness and understanding to our patients, their families, and our team through the entire journey.
“No act of kindness, no matter how small, is ever wasted.” - Aesop
Continuous Growth - At MHO, each day is an opportunity to reflect and refine. We value continual growth of our patient’s satisfaction, team, diversity, culture, and commitment to evolve the practice through adapting to feedback and clinical innovation.
“What you do makes a difference, and you have to decide what kind of difference you want to make.” – Jane Goodall
Unparalleled Patient Experience - At MHO, we deliver consistent and patient-tailored care with an Unparalleled patient experience by a combination of collaboration, adaptation, and patient satisfaction.
“Patients can’t measure quality of clinical care; but they can measure quality of experience!” – unknown
Balancing Care with both Intellectual and Emotional intelligence - At MHO, we balance both the intellectual and emotional approach to provide positive relationships with our patients, their families, and our colleagues. Effective communication, self-awareness, interpersonal skills, and relationship management all contribute to a healthy patient and employee experience.
“Experience is not what happens to you – it’s how you interpret what happens to you”. - Aldous
SERVING THE PATIENT:
The Director, Finance and Strategy serves the MHO patient by ensuring that the organization’s finances are managed strategically, enabling MHO to provide critical services and care to our patients.
Essential Function and Job Responsibilities
- Oversee financial operations of the organization
- Drive the financial planning of the company by analyzing its performance and risks
- Coordinate, analyze and report the financial performance to Management and Board of Directors (financial performance, projections and other special projects as required)
- Retain constant awareness of the company’s financial position and act to prevent problems
- Manage all accounting and finance personnel
- Manage and negotiate contracts with Strategic Vendors and Payers
- Oversee all audit and internal control operations
- Oversee all Information Technology personnel
- Establish budgets in accordance with the requirements of the organization’s departments, goals and constraints.
- Prepare short and long-term financial forecasts of financial performance for use with internal management and external parties.
- Prepare timely, detailed reports on financial performance on a monthly, quarterly and annual basis
- Conduct analysis of financial risks and benefits on business initiatives
- Proficiency in all aspects of corporate accounting and all pertinent GAAP, SEC rules and regulations including Sarbanes-Oxley compliance
- Reviews progress with corporate strategy and planning teams while suggesting improvements; performs long range strategic planning (business and financials); develops growth strategies that are aligned with MHO’s key areas of strategic investment
- Leads or supports large strategic cross-functional initiatives within the organization, including mergers, acquisitions, divestitures; works with teams to drive project lifecycles from inception to deployment
- Leverages corporate strategic imperatives to identify specific opportunities; represents MHO at various external events as a speaker, panel member or active participant
- Provides fact based business insights to drive strategic direction
- Drives teams to prepare comprehensive insightful analysis (economic and/or financial)
- Identifies and evaluates risks; determines and applies appropriate risk treatment(s)
- Follow company policy and procedures which protect sensitive data and maintain compliance with established security standards and best practices
- Additional duties as assigned to ensure client and company success
KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:
- Proven experience in an Executive Role in Finance or similar capacity
- In-depth knowledge of corporate finance and accounting principles, laws, and best practices
- Experience in a Clinical Setting preferred
- An analytical mind with a strategic ability
- Excellent organizational and leadership skills
- Outstanding communication and interpersonal abilities
- BS/BA in accounting, finance, or relevant field; MS/MA is a plus
- CPA or other relevant qualification is preferred
WORK ENVIORNMENT:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. This person may be expected to travel.
REPORTING RELATIONSHIPS:
- Direct Manager: CEO
- Day to Day Lead: CEO
- Strategic Coach: CEO
SUCCESS:
Success for the Director, Finance and Strategy includes:
- Quality work: Completing all work thoroughly, accurately, and in a timely manner.
- Punctuality/Time management: Arriving and leaving shifts on time, regularly taking lunch breaks, and being productive with their time at work.
- Initiative: Self-starter, with the willingness to share ideas to help improve patient experience and quality of care. Willingness to work with team members on projects that improve the department and #OneMHO as a whole.
- Flexibility: Ability to adjust work hours to accommodate the needs of the organization and fellow team members.
- Attitude: Being positive and professional. Recognizing the privilege, we must serve patients and their families during one of the hardest times in their life. Creating an environment that is welcoming and safe for patients and team members.
* This description is intended to provide only basic guidelines for meeting job requirements. Responsibilities, knowledge, skills, abilities, and work conditions may change as needs evolve.