Position Summary: The Director of Finance for Physician Practices is a senior finance leader responsible for providing strategic financial oversight, analysis, and operational support for physician-led clinics and practice plans. This role focuses on improving operational efficiency, strengthening revenue integrity, and ensuring the financial performance of medical practices within a larger health system. The position combines deep healthcare finance expertise with strong business leadership to promote financial sustainability, regulatory compliance, and long-term growth. In addition, the Director may oversee the leasing and fiscal management of certain hospital-owned real estate assets, effectively serving as the landlord for physician practices.
Essential Duties and Responsibilities: Serving as the operational finance lead for physician practices, this role is responsible for developing, coordinating, and overseeing operating and capital budgets, as well as leading forecasting, variance analysis, and performance reporting. The individual will perform month-end close and meet with physicians to review financial performance. Responsibilities include preparing financial reports; analyzing trends, risks, and opportunities; and providing strategic financial planning to support practice growth initiatives. This role partners closely with finance leaders to align financial strategy with operational goals and has accountability for physician compensation modeling, practice-level performance reviews, budgeting, and forecasting.
Experience and Skills
- +5 years of progressive healthcare experience required.
- Healthcare finance experience required.
- Proficiency in financial analysis, data analytics, Excel, and healthcare revenue cycle systems required.
- Effective communication, collaboration, and interpersonal skills; ability to communicate and translate financial insights to all audiences required.
- Management experience preferred.
Education
- Bachelor’s degree in finance, accounting or related field required.
- MBA and/or CPA preferred.
Work Shift Details:
Days, -Department:
AFFILIATE ADMINBenefits for YouAt Silver Cross Hospital, we care about your health and well-being and that is why we work hard to provide quality and affordable benefit options for you and your eligible family members.
Silver Cross Hospital and Silver Cross Medical Groups offer a comprehensive benefit package available for Full-time and Part-time employees which includes:
· Medical, Dental and Vision plans
· Life Insurance
· Flexible Spending Account
· Other voluntary benefit plans
· PTO and Sick time
· 401(k) plan with a match
· Wellness program
· Tuition Reimbursement
Registry employees who meet eligibility may participate in our 401(k) Savings plan with a potential match. However, registry employees are ineligible for Health and Welfare benefits.
The final pay rate offered may be more than the posted range based on several factors including but not limited to: licensure, certifications, work experience, education, knowledge, demonstrated abilities, internal equity, market data, and more.
The expected pay for this position is listed below:
$62.70 - $78.38Similar Jobs
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What We Do
Silver Cross Hospital is an independent, not-for-profit healthcare provider serving Will County and southwest suburban communities since 1895. We have been recognized as a 100 Top Hospitals National Award winner 11 times, honored with an “A” Hospital Safety Grade by The Leapfrog Group 19 times, and are rated 5 Stars by the Centers for Medicare and Medicaid Services. In 2024, Healthgrades ranked Silver Cross #1 in Illinois for surgical care. With over 4,500 employees, physicians and volunteers, Silver Cross operates a 348-bed acute care hospital and 12 satellite facilities providing outpatient services and physician offices. We also operate a freestanding Emergency Department in Homer Glen, open 24/7, and 2 Urgent Care Centers, one in New Lenox on our main campus, and one in Mokena. We also operate Will County's ONLY Level III Perinatal Center with a 24-bed Neonatal Intensive Care Unit (NICU) through our collaboration with Ann and Robert H. Lurie Children's Hospital of Chicago. What's more, Silver Cross partners with Chicago's leading academic medical centers to bring our community world-class care close to home, including University of Chicago Medicine, Shirley Ryan AbilityLab, Ann and Robert H. Lurie Children's Hospital of Chicago, and Rush University System for Health. Additionally, we partner with CTVSA (Cardiothoracic & Vascular Surgical Associates) for our nationally ranked heart program, as well as US HealthVest through the 100-bed Silver Oaks Behavioral Hospital, located directly across from our main hospital campus. To learn more about Silver Cross Hospital, visit silvercross.org.
