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Tenet Practice Resources - Regional Director, Operations Finance 
Hospital/Facility: Tenet Healthcare Corporation
Location: Philadelphia, PA
 

Description

Reporting to the Senior Director of Finance, this position is responsible for the direct oversight and management of the General Accounting and Finance functions within a specific region for a multi-entity hospital integrated physician practice organization. The Director will provide leadership and guidance to a professional team of Senior and Staff Accountants. The position is responsible for interacting with market, region and home office finance and operations leadership in developing and maintaining financial systems to ensure a profitable practice. 

ESSENTIAL FUNCTIONS AND ACCOUNTABILITIES:

  • Adheres to and supports the mission, purpose, philosophy, objectives, policies, and procedures of Tenet.
  • Adheres to the Tenet HIPAA Compliance Plan and the Privacy Standards Confidentiality Agreement.
  • Demonstrates support for the Tenet Corporate Compliance Program by being knowledgeable of compliance responsibilities as expressed in the Code of Conduct; adhering to federal and state laws, rules, regulations, and corporate policies and procedures policies that affect his/her specific job functions/responsibilities; and reporting compliance issues/concerns in a timely and appropriate manner.
  • Work with the Senior Director of Finance to establish a centralized Finance office that will provide accounting and financial reporting, services to a multi-entity hospital integrated physician practice organization. .
  • Manage a team of professional accounting staff, ensuring the management of accounts are done accurately and on time and finally ensuring that there is careful cash management and cost control conducted throughout the business. 
  • Assist Senior Director with building, planning and organizing, and providing administrative direction and oversight for all finance and accounting functions.
  • Provide technical expertise to proactively drive and implement best practices across the finance and accounting functions.
  • Provide leadership and guidance to accounting staff including the hiring and training of the staff, annual performance evaluations, and organizing and leading the region.
  • Ensure timely and accurate completion of:
  • monthly, quarterly and annual physician financial accounting (accrual-based) reports
  • month end financial statements
  • journal entry review
  • financial statement variance analysis
  • contractual and bad debt reserve analysis
  • balance sheet reconciliations in accordance with Company policy with no reconciling items greater than 30 days
  • cost allocations within the practice financials
  • quarterly forecasts and annual budgets
  • monthly physician contractual reporting including salary adjustment and productivity calculations
  • Participate in Monthly Operations Reviews with TRP and Region senior leadership.
  • Provide finance and operations support for practice acquisition and DE novo practices.
  • Assist with development and communication of annual manpower plan and budgets.
  • Lead various meetings with physicians, practice operations, revenue cycle management and TPR leadership.  Responsible for working with practice leadership to identify opportunities for improving EBITDA and cash flows.
  • Participate in physician on-boarding activities related to Finance. Educate practice management on utilization of MSO chart of accounts, reviewing / understanding practice financials and various operational Finance activities (e.g.: daily cash and charge reconciliations and proper controls related to change funds).

Education

Bachelor’s degree in Accounting required. CPA preferred.

8+ years of progressive supervisory/management experience in the Finance, Accounting or Audit field required.  Preferred progressive practical accounting experience in an accrual-based financial accounting / reporting environment with month end close responsibilities.  Healthcare, physician practice and/or Fortune 500 experience a plus.

Knowledge of Generally Accepted Accounting Principles. Ability to effectively and professionally communicate, both in writing and verbally, with physicians, management, vendors, consultants and other clients. Strong ability to work under pressure and meet tight deadlines.  Strong analytical problem solving aptitude with creative solutions. Ability to organize work with large amounts of information efficiently, manage multiple projects and deadlines simultaneously with attention to detail in a fast-paced and results-oriented environment. Must be computer literate with proficiency in Microsoft Outlook, Excel, Word and other accounting software packages.  Experience with Microsoft Access is preferred. 

Please apply at executive.search@tenethealth.com

 

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