Overview

Serves as the primary corporate finance and accounting liaison to the physician practice enterprise of WakeMed Health & Hospitals, a 1,003-bed private, not-for-profit health care system with over 175 physician practice locations and nearly 1,000 employed physicians and advanced practice providers. Responsible for the direction of key financial functions of the WakeMed physician practice enterprise including physician compensation modeling, forecasting, capital planning, month-end variance analysis, business cases and Certificates of Need. This position manages a team that is responsible for coordinating and reporting financial results to corporate finance and accounting, as well as the respective enterprise executives, management team, and staff. Responsible for the maintenance and updates of statistics, account assignments and statistical relationships for the enterprise and clinical service lines across the health system. Functions as the benchmarking and productivity coordinator for the enterprise. Collaborates with peers for forecasting, long-range planning, clinical service line reporting and cost accounting for the enterprise. Plans and organizes activities for personnel related to routine processes and standard work. Functions as a key leader within financial planning and the finance division as a whole. Understands general operational functions as well as financial functions, including charges, reimbursement, payments, costs and process functionality. Must work collaboratively with interdisciplinary teams, peers, key stakeholders and data stewards to ensure accurate and comparative information is available in reports and dashboards. Responsible for working with the CFO and other senior executives on various task forces and study groups to analyze and evaluate opportunities and challenges. Expected to exhibit and utilize the Wake Way behaviors to work collaboratively with other leaders, peers and staff. Ensures that all reports, projects, and deliverables are reviewed and within corporate financial standards. Fully collaborates with the corporate finance and accounting departments on all projects and reports being developed for the health system. Maintains an atmosphere of professionalism within the company through training, motivation, meetings, discussions and through counseling direct reports as needed. Establishes department policies, procedures, and documentation of standard work. Participates on leadership committees and process improvement initiatives for the health system. Participates in community events that are planned in the WakeMed market as required.
Department Description

Serving the community since 1961, WakeMed Health & Hospitals is the leading provider of health services in Wake County. With a mission to improve the health and well-being of our community, we are committed to providing outstanding and compassionate care. For more information, visit www.wakemed.org.

EOE

Licensure

Certified Public Accountant Preferred
Education

Bachelor's Degree Accounting Or Finance Or Related Field Required - And Master's Degree Related Field Preferred
Experience

10 Years Accounting/Finance - Financial Management - Healthcare Required - And 12 Years Accounting/Finance - Financial Management - Healthcare Preferred - And 5 Years Healthcare - Large Multi-Specialty Physician Practices (500+ Providers) Preferred

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