What are the responsibilities and job description for the Director Budgeting and Financial Planning position at Brown Health Medical Group Primary Care?
Provides leadership and management; oversee the development and management of physician group annual budget process and financial planning/analysis on strategic initiatives and third-party risk based financial performance
� Manage and implement annual operating budget process ensuring timeline and accuracy standards are adhered ensuring thar budget planning and financial strategies are aligned with healthcare systems goals
� Monitor and analyze financial performance identifying trends risks and opportunities
� Collaborate with department heads and physicians to create budget plans that support clinical and operational goals
� Prepare financial reports budgets and forecasts ensuring accuracy and compliance with regulatory requirements
� Work collaboratively with internal stakeholders on risk contracts related to tracking and monitoring of performance.
� Interpretate analysis and report on all risk sharing performance models.
� Development and maintenance of sensitivity models that address impact of changes in cost and utilization across all payer contracts.
� Analysis and interpretation of quarterly and annual performance results for physician group risk-based contracts. Emphasis on identifying and reporting on drivers of financial performance.
� Develop cost and utilization models that help assess performance drivers in risk contracts and working closely with data analytics.
� Assignments may require interfacing with gathering information from and making presentations to various levels of management and internal leaders.
� Supervise and mentor the budget team fostering a culture of continuous improvement and professional development
� Hire develop and evaluate assigned staff. Other duties as assigned
Education and Experience:
� Bachelor�s degree in finance or accounting; MBA preferred
� 5-10 years� experience managing teams and working in budgeting and financial analysis facilitating work groups and presenting complex information to stakeholders.
Knowledge Skills and Ability:
� Strong background in financial planning and analysis preferably in a healthcare or physician group setting.
� Ability to consume complex information and interpret and convey results to a broad audience.
� Excellent pattern recognition and predictive modeling skills.
� Detail-oriented with a high level of accuracy and integrity.
� Exceptional communication and interpersonal skills
� Ability to lead and facilitate stakeholder work groups.
� Strong leadership and management skills
� Proficiency in financial software and tools
Work Environment and Physical Requirements:
Work is performed in a typical office environment (in-person hybrid remote) requiring extended periods of sitting standing and walking.
Requires the visual and manual dexterity to operate a computer.
Independent Action:
Functions independently within broad scope of department policies and procedures.
