Director, Finance and Personnel Operations

1 Responsible for oversight and management of all financial aspects of the Department including: MGH/MGPO, BWH/BWPO/BWFH budgets, reporting of profit and loss statements, balance sheets, cash flows, accounts payables, invoicing, and management of the monthly close process to preserve the financial health of the department.

2. Continuously interfaces and coordinates with the Departmental, Hospital, MGB, HMS, and other organization leadership on all matters of Department of Psychiatry finance and personnel administration.

3. Responsible for the overall implementation of the department's compensation plans, preparation of financial models for new programs/recruitments, and serving as the liaison with Department/Division leadership to ensure financial targets are being met. Furthermore, the incumbent will have oversight of the Department's revenue cycle performance, which includes: developing maintaining strong relationships with the Central billing and coding personnel, practice management teams, and the Department's physicians to optimize the efficiency and effectiveness of both front-end and back-end billing operations to achieve the Department's revenue goals and adherence to billing compliance regulations.

4. Directs and oversees the overall policies, objectives, and initiatives of the department's key financial areas: revenue cycle operations, clinical & research finance, accounts payable and receivable, physician compensation, and budget planning and management. Responsible for the accurate budgeting and reporting of profit and loss statements for both operational and research accounts, balance sheets, and cash flows for the Departments. Coordinates with MGH, MGPO, BWH, BWPO, BWFH, and MGB to identify future ROI+ opportunities and project and budget for department support needs. Responsible for the proper preparation of the physician compensation and allocation models and the submission of the annual budget.

5. Measures operational performance of the department and identifies opportunities and assists in the implementation of any enhancements and is responsible for internal control processes. Responsible for providing operational and financial reporting to departmental leaders and stakeholders on a regular basis.

6. Reviews, designs, and implements processes surrounding billing/coding, billing vendor relationship and other financial analyses to ensure that clinical revenue cycle is effective and properly utilized. Manages all department billing policies & procedures around such process activities as eligibility checks, prior authorizations, TOS payments, physician coding, charge capture, patient balances, collection reports and write offs and is

responsible for the training of staff in these areas.

7. Serves as the resident domain expert on Workday and its associated functionalities and interfaces, including legacy systems used by the Department. Also serves as the point of contact for all system and personnel operations and administration related issues.

8. Develops and implements projects that encompass all activities relating to faculty affairs, including searches, on-boarding (including credentialing and academic appointments), faculty appointments (including CV development and promotion dossier review), academic reappointments, and departures.

9. Evaluates process for completed projects and uses lessons learned to improve process on future assignments. Provides recommended guidance and leads administrative support on academic human resources for faculty, including appointments, promotions, terminations, offer letters, compensation, and conflict of interest reporting.

5-7 Years of Experience required, preferably in an academic medical center setting.

Bachelor's degree required. Master's degree preferred.