Director, Financial Services

Duke Health | Durham, NC, United States

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Posted Date 4/01/2024
Description

Duke Health Integrated Practice is an exceptional, multi-specialty physician practice encompassing 140 clinics across North Carolina. We attract and retain premier medical professionals with competitive compensation, benefits, and a nurturing work atmosphere that unites passion and purpose.

Learn more about us: https://dhip.dukehealth.org/about-us

JOB LOCATION

DHIP Administrative Offices RTP - 4825 Creekstone Dr

JOB SUMMARY

The Director, Financial Services is responsible for the DHIP and DPC level physician compensation finance functions. The Director will establish and oversee processes and policies required to fulfill their responsibilities, usually requiring working with other areas as well as Department finance teams. The position will demonstrate leadership amongst finance teammates as well as when interacting with unit leadership, SOM senior leadership and DUHS senior leadership.

JOB DUTIES AND RESPONSIBILITIES

  • Direct a team of analysts to calculate and validate Physician Compensation changes based on effort changes, promotion, etc. Maintain internal physician compensation database, regularly updating and reconciling based upon approved changes.
  • Lead the Clinician Compensation budgeting process, working with Departments to budget salaries each fiscal year. Investigate and report on variances to budget.
  • This role will own the physician benchmarking process, testing the financial offers being made to new physicians for reasonableness compared to internal and external benchmarks.
  • Lead and provide guidance to a team that will model, calculate and validate physician incentive payments.
  • Prepare compensation plan analysis to support financial planning process.
  • Participate in the development of the DUHS financial policies, and demonstrate understanding of strategic direction, key initiatives and success factors.
  • Provide forward thinking and vision about future process improvements and lead implementation of changes as necessary

JOB ELIGIBILITY REQUIREMENTS

  • Work requires knowledge of accounting or business principles and practices generally obtained through completion of a bachelor's degree program in an accounting or business-related field. Certified Public Accountant or Master's of Business Administration preferred.
  • Work requires seven years related business or administrative experience to acquire competence in applying general accounting principles, personnel practices and coordination of major administrative functions.
  • A master's degree in a related field, such as business or health administration, may be substituted for experience on a 1:1 basis.
  • OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE

JOB HOURS

The schedule for this position is day shifts, Monday-Friday, with no weekends or holidays.

Some roles within our organization may encompass essential job functions requiring distinct physical and/or mental capabilities. Further details and accommodation requests will be addressed by individual hiring departments.

Duke Health Integrated Practice is dedicated to Equal Opportunity Employment, fostering a diverse workforce without regard to age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or veteran status.

We aspire to build a community grounded in collaboration, innovation, creativity, and belonging. Our shared achievements rely on a dynamic exchange of ideas, flourishing best when a multitude of perspectives, backgrounds, and experiences thrive. Upholding these values is a collective responsibility within our community.

This job description aims to outline representative responsibilities for this title, not an exhaustive account of specific duties. Employees may be assigned job-related tasks beyond those explicitly outlined here.

Category
Administration | Finance & Financial Services | Healthcare & Public Health

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