Position Summary
We are seeking an experienced Director of Finance (DOF) to provide strategic and operational financial leadership within a hospital environment. This role will oversee the organization’s financial operations while partnering with executive leadership to drive financial performance, operational efficiency, and long-term growth initiatives.
The Director of Finance will maintain responsibility across accounting, purchasing, revenue integrity, health information systems, and patient access functions. This position requires a hands-on leader who can balance strategic planning with day-to-day operational execution in a fast-paced healthcare setting.
Key Responsibilities
Financial & Revenue Leadership
- Lead all aspects of financial management, revenue integrity, and hospital financial performance.
- Develop and maintain financial policies, internal controls, and operational procedures to safeguard organizational assets.
- Manage budgeting, forecasting, financial reporting, and financial modeling activities.
- Evaluate financial performance and provide recommendations to executive leadership.
- Direct month-end and year-end financial close processes and reporting activities.
- Oversee financial reporting systems and implement process improvements where needed.
- Lead revenue cycle optimization efforts including billing, collections, reimbursement, and patient accounting.
- Supervise accounting functions including general ledger, accounts payable, cash management, and financial analysis.
- Support capital planning initiatives and collaborate on long-term financial strategy.
- Maintain departmental reporting and statistical data for regulatory and leadership purposes.
Purchasing & Materials Management
- Provide leadership and oversight of purchasing and materials management operations.
- Develop policies and procedures to improve purchasing efficiency and inventory utilization.
- Support supply chain initiatives and maintain operational continuity across departments.
- Assist with central supply planning and operational effectiveness.
Operational Leadership
- Recruit, develop, coach, and support departmental teams.
- Identify opportunities to improve productivity, operational performance, and employee engagement.
- Complete performance evaluations and support ongoing staff development.
- Build strong partnerships across physicians, leadership teams, and operational departments.
- Ensure compliance with healthcare regulations, financial standards, and internal policies.
Leadership & Collaboration
- Establish strong relationships with internal and external stakeholders.
- Communicate financial performance and recommendations effectively across leadership groups.
- Drive strategic initiatives while balancing multiple competing priorities.
- Promote a culture of accountability, continuous improvement, and patient-focused care.
Qualifications
Education
- Bachelor’s degree in Finance, Accounting, Healthcare Administration, or related field required
- Master’s degree preferred
Certifications
- CPA, CMA, or related certification preferred but not required
Experience
- 7–10 years of progressive finance leadership experience within a hospital or healthcare environment
- Strong knowledge of healthcare finance, revenue cycle operations, supply chain management, regulatory compliance, SOX, and GAAP
- Experience developing and managing large budgets and strategic initiatives
- Demonstrated leadership and team development experience
- Advanced Excel and financial systems expertise required
- Strong analytical, communication, organizational, and problem-solving skills
- Experience working with financial reporting, forecasting, and data analysis
Additional Requirements
- Ability to maintain confidentiality of patient, financial, and operational information
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Strong decision-making and interpersonal skills
- Professional presence and ability to influence across all levels of the organization