PRACTICE FINANCIAL UNIT DIRECTOR

Company: MCW: SARGEANT HEALTH CENTER
Location: Milwaukee
Posted on: August 30, 2024

Job Description:

JOB REQUIREMENTS:

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Position Description: Every great life-changing discovery begins the same way - with new knowledge. It can change everything, from a single life to the future of entire communities. That's why academic medicine, and the continuous pursuit of knowledge, is at the center of everything we do at the Medical College of Wisconsin (MCW).
Purpose: In the role of Practice Financial Unit Director, you will be responsible for the financial administration, business operations, and reporting activities within the designated practice unit. Through partnership with the Chair and Unit Executive Administrator, work to ensure that the Clinical Departments within the Unit have adequate resources and a conducive financial framework for recruiting and retaining the highest quality faculty and staff. Works under the direction of the Associate Vice President of Finance for the Medical College Physician Practice to establish support functions, reporting mechanisms, and workflows that facilitate effective management of financial information and smooth workflow execution. Accountable for fostering and maintaining an environment conducive to peak performance in all areas of operation.
Work closely with Practice Leaders, Clinical Department Leaders, MCW Leaders, and other administrators and directors to ensure collaboration and alignment of goals within the Practice.
Primary Functions:

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• Manage the Clinical Unit's funds flow model and understand the relationship between the practice, affiliates, MCW, and departmental needs to facilitate enterprise initiatives.
  
• Lead standardization and implementation of practice-wide business processes and financial operations reporting within the assigned unit.
  
• Develop appropriate control mechanisms and timely financial reporting to provide a basis for sound financial decision-making.
  
• Develop and monitor the departmental budget and strategic plans, which comprise a broad range of revenue sources.
  
• Participate in discussions with representatives of the Medical College and affiliate partners as needed.
  
• Perform and lead operational and financial reviews for Clinical Units.
  
• Analyze, develop, design, and implement administrative systems to effectively manage billing and reimbursement, purchasing, and materials management.
  
• Ensure compliance with MCP and MCW policies and procedures.
  
• Play a key role in linking the activities of Froedtert Health and Medical College of Wisconsin's planning teams with Clinical Unit workforce plans, business plans, benchmarking, annual budgets, and long-range financial plans.
  
• Direct and lead the Unit's financial analysis relative to provider workforce planning for Medical.
  
  For full info follow application link. EEO/AA Minorities/Females/Vets/Disability. The Medical College of Wisconsin is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, veteran status, disability, or sexual orientation.
  APPLICATION INSTRUCTIONS:
  Apply Online: ipc.us/t/5DA6633013664942
  Qualified females, minorities, and special disabled veterans and other veterans are encouraged to apply.
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Keywords: MCW: SARGEANT HEALTH CENTER, Milwaukee , PRACTICE FINANCIAL UNIT DIRECTOR, Accounting, Auditing , Milwaukee, Wisconsin