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JobsMass General Brigham

Manager, Finance & Physician Compensation

Mass General Brigham

Manager, Finance & Physician Compensation

Mass General Brigham

Boston-MA

·

On-site

·

Full-time

·

5d ago

Site: The General Hospital Corporation

Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.

Job Summary:

Summary:

Responsible for overseeing the financial operations of the organization and ensuring compliance with financial policies and procedures. The successful candidate will have a strong background in finance, excellent analytical skills, and the ability to work effectively with cross-functional teams. The Finance Manager will have dual reporting; directly to the OBGYN Department Director of Finance, and indirectly to the Executive Director of Finance, AMC Surgical Services. They will work closely with all OB/GYN Finance Staff and Administration, as well as MGPO corporate Finance, Budget Office and MGB Corporate personnel to help to provide, understand and evaluate financial analysis for MGH OB/GYN organization. This position is primarily responsible for the adjudication and management of the MGH Physician Compensation plan.

Across the AMCs, the Department houses approximately 225 clinical and research faculty, 65 advanced practice professionals (PA-Cs, CNMs, NPs), 25 clinical fellows, and 44 residents from Harvard Medical School. The Department currently performs approximately 390,000 clinical visits and 10,000 surgical procedures each year, care for over 10,000 births each year, and has a presence at nearly 30 sites of care across New England. The Department also maintains a research portfolio with annual expenses exceeding $22M. The Department is a nationally recognized leader in clinical, research, and academic advancement of obstetrics and gynecology spanning the full scope of women’s healthcare.

Ensure accurate adjudication of the MGH Faculty compensation plan, including regular reporting, quarterly productivity payments and annual compensation review.

Collaborate with Division Chiefs and department leadership to ensure adherence to compensation plan principles. Communicate directly with faculty to ensure understanding of compensation plan and individual compensation.

Contribute to the financial activities of the organization, including accounting, budgeting, forecasting, and financial reporting. Participate in the coordination and consolidation of the annual operating budget, income statement and monthly financial operations

Ensure compliance with financial policies, procedures, and regulatory requirements.

Provide financial analysis and insights to support decision-making across the organization. Assist with the development, maintenance, analysis and enhancement of the departmental monthly, quarterly and annual reporting packages for various levels of management.

Develop and maintain financial models to support business planning and forecasting.

Prepare and present financial reports to senior management and stakeholders.

Participate monthly close process for OB/GYN in collaboration with MGPO financial team.

Coordinate with professional billing office on reporting and revenue management.

Support of MGH department capital planning, budgeting and purchasing

Due to the size, complexity and multi-institutional nature of this position, the pace of the work is hectic and challenging. The workload could necessitate working evenings and portion of weekends. Additionally due to the ever changing environment this position will at times be required to work without guidance to accomplish their goals.

Qualifications:

Education:

Bachelor's Degree Accounting required or Bachelor's Degree Related Field of Study required
Can this role accept experience in lieu of a degree?
No

Licenses and Credentials:

Experience:

experience in accounting or finance 3-5 years required experience in a accounting or finance role within a large healthcare organization 3-5 years preferred

  • Knowledge, Skills and Abilities
  • Strong written and oral communication skills.
  • Strong attention to detail and organization.
  • Good analytical and mathematical skills.
  • Superior Excel Skills is required.
  • Strong ability to work independently and manage ones time.
  • Ability to analyze, consolidate, and interpret accounting data.

Additional Job Details (if applicable)

Physical Requirements- Standing Occasionally (3-33%)

  • Walking Occasionally (3-33%)

  • Sitting Constantly (67-100%)

  • Lifting Occasionally (3-33%) 20lbs - 35lbs

  • Carrying Occasionally (3-33%) 20lbs - 35lbs

  • Pushing Rarely (Less than 2%)

  • Pulling Rarely (Less than 2%)

  • Climbing Rarely (Less than 2%)

  • Balancing Occasionally (3-33%)

  • Stooping Occasionally (3-33%)

  • Kneeling Rarely (Less than 2%)

  • Crouching Rarely (Less than 2%)

  • Crawling Rarely (Less than 2%)

  • Reaching Occasionally (3-33%)

  • Gross Manipulation (Handling) Constantly (67-100%)

  • Fine Manipulation (Fingering) Frequently (34-66%)

  • Feeling Constantly (67-100%)

  • Foot Use Rarely (Less than 2%)

  • Vision

  • Far Constantly (67-100%)

  • Vision

  • Near Constantly (67-100%)

  • Talking Constantly (67-100%)

  • Hearing Constantly (67-100%)

Remote Type

Hybrid

Work Location

15 Parkman Street

Scheduled Weekly Hours:

40

Employee Type

Regular

Work Shift

Day (United States of America)

Pay Range

$79,560.00 - $115,720.80/Annual

Grade

7

At Mass General Brigham, we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass all elements contributing to your total compensation package. In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package.

EEO Statement:

1200 The General Hospital Corporation is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veteran’s Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at (857)-282-7642.

Mass General Brigham Competency Framework

At Mass General Brigham, our competency framework defines what effective leadership “looks like” by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline.

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About Mass General Brigham

Mass General Brigham

Mass General Brigham Inc. is a not-for-profit, integrated health system based in Greater Boston. It operates two academic medical centers—Massachusetts General Hospital and Brigham and Women's Hospital—along with specialty and community hospitals, home care, urgent care, and a licensed health plan...

10,001+

Employees

Boston

Headquarters

Reviews

3.8

36 reviews

Work Life Balance

3.9

Compensation

3.8

Culture

3.8

Career

4.0

Management

3.7

74%

Recommend to a Friend

Pros

Good work-life balance and flexible environment

Competitive compensation and benefits

Opportunity for career growth

Cons

Some organizational bureaucracy

Room for improvement in processes

Internal communication could improve

Salary Ranges

56 data points

Junior/L3

Mid/L4

Junior/L3 · Licensing Manager I

1 reports

$140,300

total / year

Base

$122,000

Stock

-

Bonus

-

$140,300

$140,300

Interview Experience

41 interviews

Difficulty

3.2

/ 5

Duration

14-28 weeks

Offer Rate

40%

Experience

Positive 69%

Neutral 12%

Negative 19%

Interview Process

1

Phone Screen

2

Technical Interview

3

Hiring Manager

4

Team Fit

Common Questions

Technical skills

Past experience

Team collaboration

Problem solving