Director of Finance

University Orthopedics Center; State College (Centre County); On-site; USD 120,000 - 155,000; Full time

Job summary

The University Orthopedics Center seeks a Director of Finance to lead accounting and financial management across UOC Companies. You will oversee budgeting, cash management, debt facilities, and revenue cycle management, and prepare financial projections and capital plans.

Hires, trains, and supervises the accounting team; partners with leadership to improve controls and drive growth. Exempt role, with strategic impact on the organization’s financial performance.

Qualifications

• Bachelor’s degree in accounting or finance.
• Minimum 10 years of progressive accounting management experience.
• Experience with NetSuite or similar accounting software; cash management.
• Medical practice experience; knowledge of Stark rules; revenue cycle management.
• Strong financial analysis skills including proformas, metrics, and cost allocations.
• Team player, good communicator, proactive.

Responsibilities

• Plan, direct, and coordinate all accounting functions.
• Prepare internal financial statements and coordinate external reporting.
• Coordinate annual operating and capital budgeting process.
• Oversee revenue cycle management and cash flow management.
• Manage debt facilities and capital structure optimization.
• Hire, train, and supervise accounting staff.
• Provide KPIs and performance metrics to management.

Skills

Financial analysis

Communication

Team collaboration

Education

Bachelor's degree in accounting or finance

Tools

NetSuite

Job description

Position Summary

The Director of Finance is responsible for managing the accounting and financial management activities of UOC Companies. Principle responsibilities shall include developing and maintaining core accounting systems; preparation of entity financial reports; coordination of the budget and financial planning functions; oversight of company portfolios and cash management services; management and negotiation of debt arrangements; organization and oversight of material management systems; oversight of revenue cycle management. Director of Finance shall also prepare financial projections and capitalization options for proposed new businesses and perform general management tasks as assigned.

Accounting

• Plans, directs, and coordinates all accounting operational functions.
• Prepares all internal financial statements.
• Organizes and completes scheduled statistical reports.
• Administers financial reporting requirements for external agencies including UOC banking institutions; government taxing authorities; regulatory entities and UOC auditors
• Establishes and monitors internal financial controls and reports deficiencies and corrective actions to the Chief Executive Officer and Board of Directors
• Cash flow management
• Coordinates the annual operating and capital budgeting process.
• Summarizes budget trends, analyzing deficiencies and reporting variances.
• Manages tax preparation duties and works with external tax accountants.
• Oversee all financial control activities, including the review and analysis of monthly and quarterly numbers.
• Determines business unit capital requirements and prioritizes allocations. Prepares return on capital projections and risk/return assessments.
• Manages debt facilities and implements strategies to maintain an efficient debt/equity capital structure.

Management

• Hires, trains, and supervises accounting team members.
• Collaborates with the management team to establish more effective processes and controls to minimize risk and identify growth opportunities.
• Directs the materials management function.
• Provides Revenue Cycle Management oversight.
• Prepares, monitors, and reports key performance measures to management team.

The Director of Finance is classified as an exempt employee and is not eligible for overtime pay.

The above statements are intended to describe the general nature and level of work to be performed. This document is not intended to be an exhaustive list of all responsibilities, skills and working conditions for the people so classified. An employee may be assigned or requested to perform other related duties.

Qualifications

• Bachelor’s degree in accounting or finance.
• Minimum 10 years of progressive, hands-on experience as an accounting manager or finance director, experience with NetSuite or similar accounting software.Responsible for cash management.
• Medical practice experience, preferably private practice (physician owners); Knowledge of Stark rules; revenue cycle management; cash basis reporting preferred.
• Strong financial analysis skills: proformas, metrics, cost allocations.
• Works well in a team environment; good communicator; proactive