Director Finance MedStar Family Choice

Full-time - Senior

Washington, DC

Ambulatory Health Care Services

About the position

Key financial leader with accountability for MedStar Family Choice - DC. The Director of Finance is key personnel and responsible for leading, managing and/or coordinating MFC-DC's Medicaid Finance strategy, financial analysis, planning, regulatory relationships, financial operations, financial regulatory reporting and related activities in the District of Columbia. The Director of Finance will also have responsibility, ad-hoc reporting, budgeting, and forecasting. Works with the Finance team and partners with MedStar centralized accounting and finance teams to prepare for presentation of financial results, budget, and financial forecasts to senior management.

Responsibilities

• Lead, manage and coordinate MFC-DC's Medicaid Finance strategy.
• Conduct financial analysis, planning, and regulatory relationships.
• Oversee financial operations and regulatory reporting.
• Prepare ad-hoc reports, budgets, and forecasts.
• Collaborate with the Finance team and centralized accounting teams.
• Present financial results, budgets, and forecasts to senior management.
• Develop departmental goals, objectives, policies, and procedures.
• Assist in building and retaining a high-caliber professional team.
• Motivate and engage staff, lead change, and build trust.
• Advocate for the quality and financial sustainability of the Medicaid business.
• Attend regulatory meetings and coordinate external audits.
• Serve as primary liaison between MFC-DC and Regulatory Agencies.
• Analyze financial reports and compare MFC's performance with competitors.
• Oversee preparation of financial regulatory filings.
• Prepare monthly financial statements and analyses for executive management.
• Supervise preparation and maintenance of records and documents.
• Participate in multidisciplinary quality and service improvement teams.

Requirements

• Bachelor's degree in Finance/Accounting or related field required.
• 8-10 years of progressively responsible experience in finance/accounting in managed care/health plan organization, healthcare delivery systems, or health insurance required.
• Strong knowledge of Medicaid Managed Care required.
• Certified Public Accountant (CPA) preferred.

Nice-to-haves

• Master's degree in Business Administration, Health Administration or related field preferred.