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MedVanta
Bethesda, MD | Full Time
$143k-187k (estimate)
3 Months Ago
Director of Finance
MedVanta Bethesda, MD
$143k-187k (estimate)
Full Time 3 Months Ago
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MedVanta is Hiring a Director of Finance Near Bethesda, MD

MedVanta is the nation's largest physician-owned and operated next generation management services organization (MSO). Our services are specifically designed for musculoskeletal (MSK) providers and go beyond that of a traditional MSO, empowering our clients with the precise infrastructure, data, technology, and administrative processes needed to thrive both today and tomorrow.

MedVanta has an employee centered culture that supports and promotes diversity and inclusion. Our encouraging and empowering management style makes MedVanta a great place to further grow your knowledge while building a team driven path to success.

Duties include, but are not limited to:

  • Review or process the following transactions in an accurate and timely manner and in accordance with departmental procedures: AP/AR, Payroll, Expense Reports.
  • Manage staff on client engagements to ensure staff utilization is maintained, including prioritizing tasks for projects, establishing budgets, and assigning staff to meet client deadlines.
  • Manage onboarding of new clients onto systems and policies of the finance organization.
  • Assist with cash management activities.
  • Oversee month-end close, prepare monthly and quarterly financial data to include journal entries, reconciliations, financial statement compilation, and reporting.
  • Perform and review operational analysis and reporting, recurring and ad hoc.
  • Assist with the annual budgeting process and ongoing management of the budget.
  • Assist with regulatory compliance to include tax filings, audits, and actuarial reports.
  • Ensure compliance with appropriate GAAP and company standards, researching accounting issues and making recommendations of appropriate accounting treatment.
  • Assist with developing and implementing the accounting policies and procedures of the company.
  • In collaboration with Human Resources, recruit and hire accounting and financial staff and conduct performance evaluations.
  • Manage accounting staff who are responsible for AP, collections, and general accounting.
  • Coach and mentor other junior staff when applicable
  • Conform with and abide by all regulations, policies, work procedures, and instructions.

Requirements: Education & Experience

  • Four-year degree in Accounting or Finance required.
  • At least 5 years of related experience, healthcare preferred.
  • CPA certification or CPA eligibility is preferred.
  • Outsources accounting engagement experience preferred.
  • Healthcare or specifically physician practice experience preferred.
  • Financial analysis experience preferred.
  • Advanced proficiency with Microsoft Excel required, as is proficiency with standard office software and applications.
  • Proven experience successfully collaborating across multiple functional areas (Finance/IT/HR/Clinical Leaders).
  • Proven experience successfully innovating in a fast-growing work environment while dealing with ambiguity.

Competencies/Required Skills & Abilities

  • Strong Interpersonal, oral, and written communication skills with excellent self-discipline and patience.
  • Confident, independent thinker and strong decision-making ability when circumstances warrant such action.
  • Demonstrated ability to organize, prioritize, and manage multiple tasks in a dynamic environment with a proven track record of results.
  • Ability to develop relationships and collaborate in a decentralized organization. Able to work independently as well.
  • Exudes professionalism in presentation.
  • Must be able to read, write, speak, understand, and communicate in the English language.

Job Type: Full-time

Benefits:

  • 401(k)
  • Dental insurance
  • Employee assistance program
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Retirement plan
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Work Location: Hybrid remote in Bethesda, MD 20817

Job Summary

JOB TYPE

Full Time

SALARY

$143k-187k (estimate)

POST DATE

01/31/2024

EXPIRATION DATE

04/26/2024

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The following is the career advancement route for Director of Finance positions, which can be used as a reference in future career path planning. As a Director of Finance, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Finance. You can explore the career advancement for a Director of Finance below and select your interested title to get hiring information.

If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director of Finance job description and responsibilities

A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.

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Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.

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Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.

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The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.

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They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Finance jobs

Becoming a director of finance requires a combination of education and relevant work experience.

02/26/2022: Sioux Falls, SD

They must also be good team players, with management skills to lead the finance department.

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At least 10 years of accounting and finance experience.

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Create partnerships with the other stakeholders.

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The Finance Director should have strong people skills, be a team player and be a proficient multitasker.

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Step 3: View the best colleges and universities for Director of Finance.

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