Physician Compensation Specialist

Cone Health; Greensboro (NC); On-site; USD 60,000 - 80,000; Full time

Job summary

Cone Health in Greensboro, NC is looking for a Physician Compensation Specialist to manage physician-related financial activities. The role includes responsibilities such as budgeting, reconciliation, and compensation processing, while collaborating with various stakeholders. Applicants should have at least a high school diploma and 4 years of relevant experience, preferably in the healthcare industry. A Bachelor's degree in Accounting or Finance is preferred. This position plays a crucial role in supporting accurate financial operations.

Qualifications

• Minimum 15 credit hours in accounting or closely related coursework.
• Preferred experience in the hospital/healthcare industry.

Responsibilities

• Completes reconciliations for physician-related activities.
• Conducts special projects related to physician compensation analysis.
• Supports monthly financial close process.

Skills

Financial analysis

Variance analysis

Compensation processing

Budget preparation

Expertise in financial systems

Education

High School Diploma or equivalent

Bachelor's degree in Accounting, Finance or related field

Job description

The Physician Compensation Specialist is responsible for supporting CHMG physician related activities such as month end close, budgeting, productivity reporting, compensation and payroll processing, managerial finance needs, and benefit enrollment support.

Essential Job Function

• Completes reconciliations for physician-related activities and supports non-physician financial tasks as needed.
• Performs routine/monthly tasks for accurate financial decision making, including financial analysis and variance analysis.
• Conducts special projects related to physician compensation analysis and collaborates with physicians, Directors, and Senior Leaders to resolve issues.
• Administers select physician CME activities and license renewals.
• Assists in the annual budget process by preparing summaries and schedules.
• Manages select CHMG physician compensation activities, including plan updates, bonus payout processing, productivity reporting, and benefit enrollment oversight.
• Provides expertise in financial computer systems and assists others in understanding physician transaction processing and reporting.
• Supports monthly financial close process by preparing schedules and documentation.
• Analyzes actual to budget variances to ensure accurate financial statements.
• Performs other duties as assigned.

Education

• Required: High School Diploma or equivalent; Minimum of 15 credit hours in accounting or closely related course work at an accredited institution
• Preferred: Bachelor's degree in Accounting, Finance or related field

Experience

• Required: Minimum 4 years' experience in directly related role. Candidates with preferred education (Bachelors degree or higher in related field).
• Preferred: Experience in hospital/healthcare industry