Finance Director directs an organization's financial policies, planning, reporting and controls. Oversees all financial functions including accounting, budget, credit, risk, tax, and treasury. Being a Finance Director generally is the second most senior finance executive. Requires a master's degree in accounting or finance or equivalent. Additionally, Finance Director may require the Certified Public Accountant (CPA) credential. Typically reports to chief financial officer (CFO). The Finance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Finance Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
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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. Being a Finance Director - Physician Practice develops statistical data, forecasting, and activity reports. Requires a bachelor's degree in finance, accounting or equivalent. Additionally, Finance Director - Physician Practice typically reports to top management. The Finance Director - Physician Practice 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. To be a Finance Director - Physician Practice typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
Managed Care Finance Director directs and oversees all policies and procedures for the financial and data operations of managed care contracts. Manages contracts, negotiates and sets rates, and reviews reimbursement levels and managed care agreements to ensure that proper payment practices are utilized. Being a Managed Care Finance Director implements processes that encourage and inform the organization how to increase levels of reimbursements. Requires a bachelor's degree. Additionally, Managed Care Finance Director typically reports to top management. The Managed Care Finance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Managed Care Finance Director typically requires 5+ years of managerial experience.
The Finance Director - Budgets designs and develops budgetary principles and guidelines to optimize the budget and leads the work of budget department. Manages and controls an organization's budget, overseeing all budgeting activities. Being a Finance Director - Budgets requires a bachelor's degree. Analyzes the variation between actual and estimated budget and produces reports for the Board of Directors to make decisions. In addition, Finance Director - Budgets typically reports to a head of a unit/department or top management. The Finance Director - Budgets manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Working as a Finance Director - Budgets typically requires 5+ years of managerial experience.