Director of Finance HMG

Hunterdon Health Care System • Flemington, NJ • 2h ago

Position Summary

The Director of Finance is responsible for providing strategic financial leadership and oversight for a large, multi-specialty medical practice. This role ensures the organization's financial health through effective planning, budgeting, forecasting, analysis, and compliance. The Director of Finance will partner with operational and clinical leaders to support decision-making, improve performance, and guide the organization in achieving both short- and long-term goals.

Primary Position Responsibilities

Financial Strategy & Leadership

Serve as a key member of the leadership team, providing financial insights to guide strategy and operations.

Lead development and monitoring of the annual operating and capital budgets.

Partner with clinical and administrative leadership to align financial planning with organizational goals.

Present financial performance and recommendations to senior leadership and the board.

Financial Operations

Oversee daily financial operations including general accounting, accounts payable/receivable, payroll, and revenue cycle.

Ensure timely and accurate month-end and year-end closings.

Develop and maintain internal controls to safeguard assets and ensure compliance with policies and regulations.

Monitor cash flow, liquidity, and investment strategies to maintain financial stability.

Revenue Cycle & Reimbursement

Partner with revenue cycle, billing, and coding teams to maximize collections and reimbursement.

Analyze payer contracts, reimbursement trends, and regulatory changes affecting the practice.

Identify opportunities to improve revenue integrity and reduce denials.

Reporting & Analytics

Prepare and present financial statements, forecasts, and variance analyses.

Provide actionable reporting to support practice managers, department chairs, and executives.

Utilize data to evaluate service line profitability and support business development initiatives.

Compliance & Risk Management

Ensure compliance with federal, state, and payer financial regulations.

Coordinate annual audits and external financial reviews.

Identify and mitigate financial risks.

Collaboration & Influence

Build strong relationships with leaders across departments to foster alignment and shared accountability.

Use influence, expertise, and data to support operational and clinical leaders in financial decision-making.

Promote a culture of transparency, teamwork, and continuous improvement across the organization.

Qualifications

Minimum Education:

Required:

Bachelor's degree in Accounting, Finance, or related field required

Preferred:

Master's degree in related field

Minimum Years of Experience (Amount, Type and Variation):

Required:

Minimum 7-10 years of progressive financial management experience, with at least 3 years in healthcare.

Preferred:

Experience in multi-specialty physician practice, hospital, or health system setting strongly preferred

License, Registry or Certification:

Required:

None

Preferred:

CPA (Certified Public Accountant)

Knowledge, Skills and/or Abilities:

Required:

Strong knowledge of healthcare revenue cycle, payer reimbursement, and financial reporting requirements.

Demonstrated ability to provide strategic financial leadership in a complex healthcare environment.

Exceptional analytical, problem-solving, and communication skills.

Proficiency with healthcare financial systems, EMRs, and Microsoft Office Suite (Excel expertise required).

Collaborative leadership style with the ability to influence across clinical and administrative teams.

Strategic thinker who can balance detail with big-picture vision.

Strong business acumen with the ability to translate financial data into actionable insights.

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