Director of Finance

About Sound:

Headquartered in Tacoma, WA, Sound Physicians is a physician-founded and led, national, multi-specialty medical group made up of more than 1,000 business colleagues and 4,000 physicians, APPs, CRNAs, and nurses practicing in 400-plus hospitals across 45 states. Founded in 2001, and with specialties in emergency and hospital medicine, critical care, anesthesia, and telemedicine, Sound has a reputation for innovating and leading through an ever-changing healthcare landscape — with patients at the center of the universe.

Sound Physicians offers a competitive benefits package inclusive of the items below, and more:

• Medical insurance, Dental insurance, and Vision insurance
• Health care and dependent care flexible spending account
• 401(k) retirement savings plan with a company match
• Self-managed PTO Plan
• Ten company-paid holidays per year

About the Role:

The Director of Finance is a key strategic team member reporting to the VP, Finance, to manage all financial reporting and analytics functions for four service lines: Accountable Care Organization, Telemedicine, Advisory Services and Value-Based Care. In line in collaboration with the business leadership and other centralized functions such as accounting, revenue cycle, corporate finance, IT, etc. this individual will be critical in building and managing the infrastructure necessary for the success of those business line.. The individual will serve as a thought-leader using exceptional financial and analytical acumen along with industry knowledge to support, coach, and enable service line executives, and operational leaders to deliver outstanding performance.

The Details:

This is a virtual, work from home role.  This role may require some travel for national meetings no more than 4 times a year.

In this role, you will be responsible for:

Budgeting and Forecasting:

• Leading service line budgeting, forecasting and planning process
• Partnering with key stakeholders internally to develop an understanding of business unit risks, and opportunities and incorporating those assumptions into the financial forecasts
• Coordinating with Sound finance to ensure alignment with company timelines and processes
• Managing the development of communication materials with Sound executives to support approval process

Decision Support:

• Developing and managing decision support tools by leveraging relevant data and key assumptions from business leaders and colleagues
• Conducting financial impact analysis to support decisions and measure results
• Supporting sales team in modeling potential performance of target deals and arrangements
• Supporting leadership team in modeling vendor deals, and support development of such agreements

Performance Management:

• Managing key performance indicators in partnership with service line leadership
• Developing reports and supporting documentation on service line financial performance
• Collaborating with operational teams in service lines to formulate, refine and operationalize strategies to achieve financial goals
• Liaison to service lines to broader Sound centralized finance teams such as corporate finance, accounting, revenue cycle

What we are looking for:

A successful candidate will have a demonstrated track record of a combination of these values, knowledge, and experience:

Values:

• Critical thinker: Demonstrates the ability to look at the big picture and proactively develop a plan of action
• Customer-focused: Puts customer (internal and external) needs first and makes customers their top priority
• Bias toward action: Has a focus on progress rather than perfection. Breaks things into bite-sized pieces in order to make progress against larger goals
• Driven: Motivated to succeed and get things done at a high level of achievement
• Persistent: Demonstrates the ability to “keep at it” even when obstacles or challenges are present; returns to the work at hand after a change of course

Knowledge:

• Bachelor’s degree in Healthcare Administration, Business, or Finance
• Proficiency with Microsoft Office Suite
• Analytical, data driven decision maker
• Highly organized and ability to lead large projects and processes
• Strong financial modeling, excel and presentation skills

Experience:

• Progressive finance or financial reporting experience preferably in risk-based or value-based care environment such as health plan or risk-bearing entity and medical group operations