Manager of Financial Planning and Analysis

Description

JOB DESCRIPTION OVERVIEW

JOB ROLE AND PURPOSE

The Financial Planning and Analysis (FP&A) Manager, reporting to the Director of Financial Planning & Analysis, will play a critical role in supporting the financial health of the organization by overseeing the Operational FP&A and Physician Compensation lanes within the FP&A group. This includes, but not limited to, financial reporting, analyzing financial data, providing actionable insights, overseeing and facilitating the provider compensation process, and supporting the executive leadership team in driving business performance for a prominent national group of ENT practices during an era of rapid organization and financial growth. This role will oversee a team of analysts. The ideal candidate has experience in healthcare finance, particularly within a Physician MSO environment, and understands the nuances of physician practice management, reimbursement models, and operational efficiencies.

ABOUT ENT SPECIALTY PARTNERS

Our organization, ENT Specialty Partners (ESP), provides unparalleled strategic, financial, and operational support to our partnering clinical groups of otolaryngologists, collaborating closely with physicians, physical therapists, local practice managers and our appreciated staff members to achieve superior outcomes in today's medical landscape. Join our dynamic team where we prioritize people, foster innovation, and pursue excellence. 

ESSENTIAL DUTIES AND RESPONSIBILITIES

Financial Planning & Analysis:

• Develop financial models to support strategic initiatives, cost-saving measures, and revenue optimization.
• Monitor key performance indicators (KPIs), financial trends, and operational metrics to identify opportunities for improvement.
• Provide variance analysis and insights into financial performance, identifying risks and opportunities.

Provider Compensation:

• Manage the overall provider compensation process, including but not limited to (1) facilitating the monthly/quarterly calculations process for the providers, (2) developing provider compensation reporting for the business/leadership, (3) conducting ad-hoc analysis around provider compensation as directed by the business/leadership.

Business & Operational Analysis:

• Partner with operational leaders to understand business drivers and provide financial guidance on performance.
• Assess and improve financial processes, ensuring efficiency and accuracy in reporting.
• Assist in evaluating other strategic initiatives identified by the business/leadership

Financial Reporting:

• Oversee the development and preparation of the monthly financial statements, operating reviews, KPI reporting, and other ad-hoc reporting as directed by business/leadership.
• Develop dashboards and financial presentations for leadership
• Collaborate with cross-functional teams, including but not limited to (1) accounting to ensure accuracy in the reporting, (2) IT and the data team to enhance financial reporting systems and automate processes, and (3) operations to help drive efficiency in operations

KNOWLEDGE, SKILLS AND ABILITIES

• Strong analytical skills with proficiency in financial modeling and data analysis tools 
• Thorough understanding of financial principles and accounting practices 
• Excellent written and verbal communication and presentation skills to effectively convey complex financial information to senior management 
• Leadership experience in managing and mentoring a team of financial analysts or associates
• Proficiency in financial software and reporting systems 
• Strong analytical and problem-solving skills.
• Ability to work independently as well as collaboratively in a multidisciplinary setting. 
• Ability to work cross-functionally with other teams across the organization (i.e. operations, accounting, and executive teams).

WORK ENVIRONMENT

• Full-time position
• Hybrid work environment with flexibility for remote work.

Qualifications

JOB QUALIFICATIONS

• Education: Bachelor’s degree in finance, accounting, or a related field (MBA or CPA preferred, but not required).
• Experience: 5-7 years of FP&A experience, healthcare finance, financial analysis, and experience supervising/leading a team of analysts.
• Technical Skills:
  • Strong proficiency in financial modeling, forecasting, and data analysis.
  • Strong Microsoft office skillset with Advanced Excel skills
  • Familiarity with financial software packages (e.g., NetSuite, CUBE, Hyperion, Tableau, Power BI) is preferred but not required
  • Familiarity with EHR, practice management, and revenue cycle management systems is preferred, but not required
• Soft Skills:
  • Excellent communication and presentation skills.
  • Ability to work cross-functionally with other teams across the organization (i.e. operations, accounting, and executive teams).
  • Strong problem-solving and analytical mindset.

Other Preferred Experience:

• Experience with physician compensation models and practice financial management.
• Prior experience in an MSO, private equity-backed healthcare group, or multi-site physician practice.

• Proficiency in HR systems and data analytics.

BEHAVIORAL COMPETENCIES

• Attention to detail and accuracy.
• Excellent organizational skills.
• Good leadership, interpersonal, and communication skills.

EMPLOYEE BENEFITS

We strive to be an employer of choice with competitive compensation, employee benefits, strong leadership, meaningful careers, developing and dynamic career opportunities, with an engaging, exciting company culture.

ESP provides comprehensive benefits packages to its employees, including, but not limited to, multiple choice plans for medical, dental, vision insurance, STD/LTD disability, life, accident, indemnity, legal services, EAP, retirement plans, paid time off (PTO), paid holidays, and much more.