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Finance Director, MGB Orthopedics & Sports Medicine

Mass General Brigham

Finance Director, MGB Orthopedics & Sports Medicine

Mass General Brigham

Boston-MA

·

On-site

·

Full-time

·

1w ago

Compensation

$124,342 - $180,898

Benefits & Perks

Healthcare

401(k)

Flexible Hours

Healthcare

401k

Flexible Hours

Required Skills

Financial management

Budgeting

Accounting

Leadership

Problem-solving

Project management

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.

Receiving general direction from the Vice President of MGB Orthopedics & Sports Medicine and the Executive Director of Surgical Finance, the Finance Director is responsible for leading and providing oversight to the following areas in the department: financial management, budget and forecasting, expense management, and physician compensation plan. The Finance Director manages these activities through the effective direct oversight of 2-5 FTEs and assists with general administrative oversight of an additional 80+ clinical professional staff. Drawing on a broad understanding of hospital and department financial operations, policies and procedures, and displaying a high degree of initiative and independent judgment, the incumbent will collaborate closely with departmental, clinical, hospital and system leadership to continually assess and manage a wide range of issues.

The role is defined by the following metrics:
Corporate operating budget: approximately $15M
Hospital operating budget: approximately $25M+
PO operating budget: approximately $120M+
Capital budget: Variable; up to $20M/year
Directly supervises 2-5 FTEs
Indirect oversight of 200+ professional, research, and administrative staff.

Job Summary:

Works collaboratively with departmental and organizational leadership to manage the daily operations of the department or division, ensuring the smooth delivery of healthcare services and overseeing key administrative functions, including human resources, finance, compliance, facilities, and patient services. Helps to develop and implement operational strategies that align with the organization's mission, vision and values. Leads a team of healthcare professionals and administrative staff to achieve the organization's goals.

Essential Functions:

  • Develops and implements financial practices and procedures in accordance with the overarching financial strategy.

  • Directs budgeting, forecasting and financial analysis/reporting processes.

  • Collaborates with cross-functional teams/leaders to deliver actionable financial data for decision-making.

  • Oversees the preparation of accurate and timely reports.

  • Establishes internal and external budgetary control systems.

  • Ensure that financial operations comply with all HRSA and other relevant regulatory requirements.

  • Develops and manages the team by ensuring that appropriate resources are available for training, provides coaching/guidance to managers and staff, encourages career growth, conducts performance assessments, and is responsible for hiring. disciplinary action and termination when necessary.

Qualifications:

Education:

Bachelor's Degree in Finance required, Master's Degree Finance preferred

Can this role accept experience in lieu of a degree?
Yes

Licenses and Credentials:

Experience:

Finance/Accounting management experience 5-7 years required and Finance/Accounting experience 8-10+ years required

Knowledge, Skills and Abilities

  • Excellent leadership, interpersonal, and communication skills.
  • Proficient analytical and problem-solving skills.
  • Ability to work collaboratively with cross-functional teams and build proficient relationships with key stakeholders.
  • Ability to contribute to and execute successful financial strategies.
  • Proficient self-management and project management skills.
  • Broad knowledge of finance and accounting principles, laws and regulations.

Additional Job Details (if applicable)

Physical Requirements- Standing Occasionally

  • Walking Occasionally

  • Sitting Constantly

  • Lifting Occasionally

  • Carrying Occasionally

  • Pushing Rarely

  • Pulling Rarely

  • Climbing Rarely

  • Balancing Occasionally

  • Stooping Occasionally

  • Kneeling Rarely

  • Crouching Rarely

  • Crawling Rarely

  • Reaching Occasionally

  • Gross Manipulation (Handling) Constantly

  • Fine Manipulation (Fingering) Frequently

  • Feeling Constantly

  • Foot Use Rarely

  • Vision

  • Far Constantly

  • Vision

  • Near Constantly

  • Talking Constantly

  • Hearing Constantly

Remote Type

Hybrid

Work Location

55 Fruit Street

Scheduled Weekly Hours:

40

Employee Type

Regular

Work Shift

Day (United States of America)

Pay Range

$124,342.40 - $180,897.60/Annual

Grade

9

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