Chief Financial Officer

Job Description

Job Description

Description:

Summary/Objective

The Regional Director and CFO USDH will be the financial operations lead for SCAH’s US Digestive Health (“USDH”) partnership. This role will report directly to the Group CFO – Specialty Practice. USDH is a large gastroenterology (“GI”) group. This multisite group has practice, ancillary, and ASC operations spanning multiple states, including Pennsylvania and Delaware.

This role is high visibility across SCA Health. Including routine interactions with SCA C-Suite leadership, corporate development, and all support departments (e.g. legal, compliance, accounting). This role will directly support the CEO of USDH and is expected to be a highly visible finance leader for USDH.

Essential Functions

• Building, leading, and coaching a USDH-focused financial operations team (as needed)
• Support consistently growing EBITDA through leading profitable top-line growth initiatives, developing new partnerships, effectively managing expenses, and supporting development process (M&A)
• Acting as a strategic business partner with Operations leads to identify performance improvement opportunities and helping them “think around the corner” financially
• Speaking with authority on behalf of the Group CFO and USDH CEO representing him/her at partnership, or board meetings
• Creating, implementing, and pulling through opportunities which drive financial growth and operational performance
• Manage the reporting of physician compensation, financial results, and identification of key drivers monthly. This will be accomplished through direct communication with key stakeholders, including physician-owners, regional operations leads, and internal SCA leadership.
• Build positive relationships with CEO, regional operations leads, finance team, and physician-owners – functioning as a trusted advisor.
• Assess and evaluate financial performance of portfolio of practice partnerships with regard to long- and short-term financial goals, budgets, and forecasts
• Perform operational variance analyses to identify favorable or unfavorable business trends
• Partner with accounting team to ensure accuracy of monthly financial statements
• Coach practice executives and regional operations on financial matters and areas of improvement
• Participate in key decisions as they relate to strategic initiatives and operational models
• Prepare and present monthly financial results by practice partnership to internal and external leaders
• Review and analyze monthly financial results, physician compensation, and provide insight and recommendations on trajectory of business
• Oversee cash, investments, lending and leasing needs, and asset management for the partnership(s)
• Manage special transactions including equity changes, debt arrangements, and relocations
• Support the diligence and integration of small practice acquisitions and newly recruited physicians, broadly supporting the development team
• Perform proforma analyses of growth opportunities within existing practices (e.g. service line expansion and new market entry)
• Identify areas of opportunity to standardize, simplify, and streamline to drive our value of Continuous Improvement

Competencies

• Ability to digest financial information, render judgment, create context, pattern recognition
• Ability to meet deadlines and manage conflicting priorities
• Executive presence to deliver financial results and provide financial advice with confidence
• Demonstrated ability to explain complex financial results or transactions to physicians
• Ability to collaborate within other support service departments (revenue cycle, legal, supply chain, development, etc.) and with operations
• Build relationships and collaborate with physicians and other practice leadership

Supervisory Responsibility

This role does not have supervisory responsibility.

Physical Demands

The employee is occasionally required to stand, walk, sit, and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Position Type/Expected Hours of Work

This is a full-time position, with an 8-hour shift Monday through Friday. No weekends are required. Position is hybrid-remote, however there is the expectation to be highly visible across the partnership, therefore a candidate in Philadelphia-area or with easy access (drivable or short flight) to Philadelphia is highly desirable.

Travel

Travel requirements: 25% (up to 50% at times during the first year)

Work Authorization/Security Clearance

Must be authorized to work in the US for any employer

AAP/EEO Statement

US Digestive Health is an Equal Opportunity Employer. USDH does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided based on qualifications, merit, and business need

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities vary dependent on job location.

Education and Experience

• An undergraduate or graduate degree in Accounting/Finance/Economics is required, Master’s degree is highly desirable
• A minimum of seven years of financial experience in healthcare required
• Experience with large multisite medical groups is highly desirable
• Physician compensation experience highly desirable