1. What is the average salary of a Finance Director - Physician Practice?
The average annual salary of Finance Director - Physician Practice is $148,637.
In case you are finding an easy salary calculator,
the average hourly pay of Finance Director - Physician Practice is $71;
the average weekly pay of Finance Director - Physician Practice is $2,858;
the average monthly pay of Finance Director - Physician Practice is $12,386.
2. Where can a Finance Director - Physician Practice earn the most?
A Finance Director - Physician Practice's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Finance Director - Physician Practice earns the most in San Jose, CA, where the annual salary of a Finance Director - Physician Practice is $187,476.
3. What is the highest pay for Finance Director - Physician Practice?
The highest pay for Finance Director - Physician Practice is $174,170.
4. What is the lowest pay for Finance Director - Physician Practice?
The lowest pay for Finance Director - Physician Practice is $125,897.
5. What are the responsibilities of Finance Director - Physician Practice?
Directs the financial policies, planning, reporting and controls for a physician practice or group. Oversees all accounting, billing, receivables, and reimbursement processes and reporting. Develops statistical data, forecasting, and activity reports. Requires a bachelor's degree in finance, accounting or equivalent. Typically reports to top management. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
6. What are the skills of Finance Director - Physician Practice
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
2.)
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
3.)
Forecasting: Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods. Usage can differ between areas of application: for example, in hydrology the terms "forecast" and "forecasting" are sometimes reserved for estimates of values at certain specific future times, while the term "prediction" is used for more general estimates, such as the number of times floods will occur over a long period. Risk and uncertainty are central to forecasting and prediction; it is generally considered good practice to indicate the degree of uncertainty attaching to forecasts. In any case, the data must be up to date in order for the forecast to be as accurate as possible. In some cases the data used to predict the variable of interest is itself forecasted.