Note: The job is a remote job and is open to candidates in USA. Ovation Healthcare has been enhancing local healthcare for over 40 years, providing support and services to independent hospitals. The Director of Finance will lead financial operations across multiple client hospitals, driving performance and efficiency while collaborating closely with hospital executives.
Responsibilities
- Serve as a strategic financial partner to hospital CEOs, CFOs, and operational leaders across multiple client engagements
- Lead financial reviews, performance discussions, and action planning with client stakeholders
- Manage multiple client priorities, ensuring timely and high-quality delivery of financial insights and support
- Influence decision-making without direct authority, driving accountability and results
- Lead and influence cross-functional teams across finance, revenue cycle, and operations
- Provide guidance and mentorship to client finance staff and internal team members as appropriate
- Foster a culture of accountability, collaboration, and continuous improvement
- Lead financial planning, budgeting, and forecasting processes across assigned client hospitals
- Provide strategic guidance on financial risks, opportunities, and long-range planning
- Monitor financial performance and recommend actions to improve operating margin, cost structure, and overall efficiency
- Support development and implementation of financial policies, procedures, and internal controls
- Oversee or support month-end and year-end close processes, ensuring accuracy and timeliness of financial reporting
- Prepare and present financial insights and reports to client leadership and internal stakeholders
- Ensure compliance with applicable financial regulations and healthcare-specific requirements (e.g., CMS, Joint Commission)
- Partner with revenue cycle leadership to improve billing, coding, collections, and denial management
- Monitor key revenue cycle metrics (e.g., DNFB, days in AR, denials) and drive performance improvement
- Analyze reimbursement trends, payer mix, and contract performance across Medicare, Medicaid, and commercial payers
- Collaborate with department leaders to evaluate service line performance, cost management opportunities, and capital investments
- Support clinical and operational decision-making through financial modeling and utilization analysis
- Lead financial reviews tied to staffing, labor productivity, supply chain utilization, and throughput improvements
- Support capital planning processes, including ROI analysis and prioritization of investments
- Provide financial oversight and analysis for capital projects, including equipment and technology investments
Skills
- Bachelor's degree in Finance, Accounting, Business Administration, or related field required
- 7–10+ years of progressive financial management experience, preferably in hospital or healthcare settings
- Strong understanding of hospital operations, service lines, and revenue cycle processes
- Advanced analytical and financial modeling capabilities
- Ability to translate complex financial data into actionable insights for non-financial leaders
- Demonstrated ability to operate effectively in a matrixed or consulting environment
- Proven ability to influence senior leaders without direct authority
- Strong communication, presentation, and relationship management skills
- Proficiency with healthcare financial systems (e.g., Meditech, Infor/Lawson, Oracle/Cerner, Epic, Athena) and Microsoft Excel
- MBA, MHA, CPA, or other relevant advanced certification preferred
- Experience supporting multiple facilities, business units, or clients strongly preferred
- Experience with hospital budgeting, reimbursement methodologies, and financial analytics
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