What are the responsibilities and job description for the Director, Finance position at Sentara?
Overview
The Director, Finance, provides strategic financial leadership to ensure the fiscal health, growth, and sustainability of the organization. This role oversees financial planning, budgeting, forecasting, and reporting activities, ensuring compliance with healthcare regulations and organizational policies. The Director, Finance, partners with senior leadership to drive operational efficiency, optimizes revenue streams, manages risk, and support strategic initiatives. This position plays a critical role in guiding financial decision-making to enhance patient care delivery, operational excellence, and long-term organizational success.
Key responsibilities:
Leads the development and execution of financial strategies, budgets, and long-range plans.
Oversees accounting, financial reporting, cost analysis, and revenue cycle operations.
Ensures compliance with generally accepted accounting principles (GAAP), Centers for Medicare and Medicaid Services (CMS), state and federal regulations, and healthcare financial standards.
Provides financial insights and recommendations to executive leadership to support strategic decisions.
Monitors key financial indicators and develops action plans to address variances.
Manage financial audits and collaborate with external auditors and regulatory agencies.
Lead, mentor, and develop finance team members to support organizational goals.
Partner with clinical and operational leaders to drive cost containment, revenue optimization, and margin improvement.
Support capital planning and investment decisions to align with strategic priorities.
Education
Bachelor’s level degree (Required)
Certifications:
CPA, CMA, or HFMA certification (Preferred)
Experience
6 years of experience in accounting/finance (Required)
2 years of healthcare experience (Required)
Excellent communication, interpersonal and collaboration skills
Salary : $1,000 - $1,000,000