Finance Director, MGB Orthopedics & Sports Medicine

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The General Hospital Corporation

Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.

Receiving general direction from the Vice President of MGB Orthopedics & Sports Medicine and the Executive Director of Surgical Finance, the Finance Director is responsible for leading and providing oversight to the following areas in the department: financial management, budget and forecasting, expense management, and physician compensation plan. The Finance Director manages these activities through the effective direct oversight of 2-5 FTEs and assists with general administrative oversight of an additional 80+ clinical professional staff.

Drawing on a broad understanding of hospital and department financial operations, policies and procedures, and displaying a high degree of initiative and independent judgment, the incumbent will collaborate closely with departmental, clinical, hospital and system leadership to continually assess and manage a wide range of issues.

The role is defined by the following metrics:

• Corporate operating budget: approximately $15M
• Hospital operating budget: approximately $25M+
• PO operating budget: approximately $120M+
• Capital budget:
  Variable; up to $20M/year
• Directly supervises 2-5 FTEs
• Indirect oversight of 200+ professional, research, and administrative staff

Works collaboratively with departmental and organizational leadership to manage the daily operations of the department or division, ensuring the smooth delivery of healthcare services and overseeing key administrative functions, including human resources, finance, compliance, facilities, and patient services. Helps to develop and implement operational strategies that align with the organization's mission, vision and values. Leads a team of healthcare professionals and administrative staff to achieve the organization's goals.

• Under the organizational and Department leadership, determines overall vision, mission, direction, goals and objectives. Directs the strategic planning process, establishes and achieves long range goals, and ensures the implementation of strategic business plans.
• Leads the management team and staff fostering a positive and efficient work environment. Oversees hiring, training, and retention, ensuring adequate staffing levels.
• Engages with senior leadership to provide financial forecasting, long-term planning, and strategic recommendations. Establishes and achieves financial goals and measures and ensures on-going financial performance.
• Monitors spending trends and identifies opportunities for cost optimization and process improvements. Monitors and evaluates existing services and ensures the development of programs and services to respond to market.
• Develops and manages programmatic initiatives for care improvement, cost reduction and network development. Oversees patient services and care delivery, ensuring positive patient experience.
• Ensures compliance with all healthcare regulations and standards. Continually assesses and improves the efficiency of systems and processes.
• Conducts space needs planning and oversees the design of space renovations for facilities. Identifies and resolves facility problems.

• Education:
  
  Bachelor 0s 0
  
  Degree in Related Field of Study required or Master a0s 0
  
  Degree in Related Field of Study preferred
• Can this role accept experience in lieu of a degree? Yes
• Licenses and Credentials:
  Experience with progressive healthcare administration or hospital operations; 5-7 years required;
  Previous Supervisory Experience 2-3 years required
• Knowledge, Skills and Abilities:
  
  Leadership and team-building; interpersonal, communication, negotiation, problem-solving, decision-making, conflict-resolution; proficiency in financial systems and data analytics tools; ability to delegate and supervise; ability to work independently with complex decisions; knowledge of healthcare regulations, financial management, and patient care quality standards

• Physical Requirements
• Standing Occasionally
• Walking Occasionally
• Sitting Constantly
• Lifting Occasionally
• Carrying Occasionally
• Pushing Rarely
• Pulling Rarely
• Climbing Rarely
• Balancing Occasionally
• Stooping Occasionally
• Kneeling Rarely
• Crouching Rarely
• Crawling Rarely
• Reaching Occasionally
• Gross Manipulation (Handling) Constantly
• Fine Manipulation (Fingering) Frequently
• Feeling Constantly
• Foot Use Rarely
• Vision - Far Constantly
• Vision - Near Constantly
• Talking Constantly
• Hearing Constantly

Remote Type
:
Hybrid

Work Location
: 55 Fruit Street

Scheduled Weekly Hours
: 40

Employee Type
:
Regular

Work Shift
:
Day…