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Senior Director of Finance, Heart and Vascular Institute
Mass General BrighamUnited Statesfull_timeVerifiedPosted 9 Jul 2025
About the role
Site: The General Hospital Corporation
Receiving general direction from the Chief Administrator the Senior Director of Finance is responsible for overseeing the financial management and coordination for the three divisions of the MGB Heart and Vascular Institute (HVI), Cardiology, Cardiac Surgery and Vascular Surgery. Fiscal oversight includes a broad range of strategic, data analytic, planning, benchmarking, and other management support activities. Drawing on a broad understanding of hospital, Physician Organization, and MGB finance and budgetary practices and Harvard Medical School (HMS) policies and procedures, the Senior Director of Finance will display a high degree of initiative and independent judgment over the fiscal management of the HVI. The incumbent will collaborate closely with HVI leadership to continually assess and direct financial performance and administrative activities. Incumbent will oversee all financial management for the HVI, including Hospital, MGPO/BWPO, HMS, research, sundry funding and endowments (total AMC annual clinical and research budgets $400M). Additionally, this person is responsible for integrating financial operations across the HVI with the goal of managing an integrated profit/loss statement, margin targets, and overall HVI financial performance. The Senior Director of Finance will assist with the development of a financial and growth strategy for the Institute determining appropriate opportunities. This person will communicate and coordinate regularly to stakeholder groups across AMC and Community Hospitals.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Financial Management
• Work with the Chief Administrator and HVI administrative leaders to develop annual operating and capital budgets for all MGPO/BWPO, and hospital funds across AMCs.
• In partnership with MGBCP leadership, incorporate financial performance reporting for all community heart and vascular practices and clinical services into HVI financials.
• Monitor all MGPO/BWPO, hospital, research, HMS and Sundry funds and endowments within the HVI
o Reconcile monthly fund statements as needed.
o Coordinate with Accounts Payable, Payroll, and other accounts as needed for resolution of errors or identification of charges.
o Collaborate with Division leadership to develop (where necessary) and maintain a fiscal record keeping system for all funds.
o Ensure finances quarterly, or as requested, to the CA, Division administrators, and the HVI Executive Director.
o Develop variance reports and plans for addressing issues.
• Develop financial dashboards for regular assessment of financial performance.
• Oversees contracting, invoicing and PSAs for HVI agreements to ensure timely billing and reconciliation as needed.
• Oversee and approves financial transactional activities (reimbursements, employee salary changes, advance payment approvals journal entries vendor payments, etc).
• Coordinate with Accounts Payable, Research Finance, Payroll, and other departments as needed for resolution of errors or identification of charges.
• Provides Workday and Strata implementation, optimization and training to HVI end users to ensure maximal use of system. Assists with reporting, task management, and other data capture.
• Manages and projects all HVI discretionary and strategic investment commitments.
Strategic Planning, Analysis and Reporting
• Using current systems (Vision, Strata, Workday, IPORT, Insight, etc.) create status reports of research, hospital, and MGPO/BWPO funds incorporating data related to physician compensation, revenue capture, access, service, and quality measures as defined by the HVI Executive Director and Chief Administrator. Working with CA, facilitate cohesion between HVI strategies, financial performance, and operational implementation.
• Works with MGB, BWH/MGH and MGB Community Finance leadership to develop a plan for integrating financial reporting and management across all Heart and Vascular Institute sites. Ensure agreed upon methodology for reporting margin and financial performance. Lead and support financial integration.
• Working with MGB/BWH/MGH Financial leadership, assist in the development of margin reports by procedure type to assist in stra
Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.
Job Summary
GENERAL SUMMARY/ OVERVIEW STATEMENTReceiving general direction from the Chief Administrator the Senior Director of Finance is responsible for overseeing the financial management and coordination for the three divisions of the MGB Heart and Vascular Institute (HVI), Cardiology, Cardiac Surgery and Vascular Surgery. Fiscal oversight includes a broad range of strategic, data analytic, planning, benchmarking, and other management support activities. Drawing on a broad understanding of hospital, Physician Organization, and MGB finance and budgetary practices and Harvard Medical School (HMS) policies and procedures, the Senior Director of Finance will display a high degree of initiative and independent judgment over the fiscal management of the HVI. The incumbent will collaborate closely with HVI leadership to continually assess and direct financial performance and administrative activities. Incumbent will oversee all financial management for the HVI, including Hospital, MGPO/BWPO, HMS, research, sundry funding and endowments (total AMC annual clinical and research budgets $400M). Additionally, this person is responsible for integrating financial operations across the HVI with the goal of managing an integrated profit/loss statement, margin targets, and overall HVI financial performance. The Senior Director of Finance will assist with the development of a financial and growth strategy for the Institute determining appropriate opportunities. This person will communicate and coordinate regularly to stakeholder groups across AMC and Community Hospitals.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Financial Management
• Work with the Chief Administrator and HVI administrative leaders to develop annual operating and capital budgets for all MGPO/BWPO, and hospital funds across AMCs.
• In partnership with MGBCP leadership, incorporate financial performance reporting for all community heart and vascular practices and clinical services into HVI financials.
• Monitor all MGPO/BWPO, hospital, research, HMS and Sundry funds and endowments within the HVI
o Reconcile monthly fund statements as needed.
o Coordinate with Accounts Payable, Payroll, and other accounts as needed for resolution of errors or identification of charges.
o Collaborate with Division leadership to develop (where necessary) and maintain a fiscal record keeping system for all funds.
o Ensure finances quarterly, or as requested, to the CA, Division administrators, and the HVI Executive Director.
o Develop variance reports and plans for addressing issues.
• Develop financial dashboards for regular assessment of financial performance.
• Oversees contracting, invoicing and PSAs for HVI agreements to ensure timely billing and reconciliation as needed.
• Oversee and approves financial transactional activities (reimbursements, employee salary changes, advance payment approvals journal entries vendor payments, etc).
• Coordinate with Accounts Payable, Research Finance, Payroll, and other departments as needed for resolution of errors or identification of charges.
• Provides Workday and Strata implementation, optimization and training to HVI end users to ensure maximal use of system. Assists with reporting, task management, and other data capture.
• Manages and projects all HVI discretionary and strategic investment commitments.
Strategic Planning, Analysis and Reporting
• Using current systems (Vision, Strata, Workday, IPORT, Insight, etc.) create status reports of research, hospital, and MGPO/BWPO funds incorporating data related to physician compensation, revenue capture, access, service, and quality measures as defined by the HVI Executive Director and Chief Administrator. Working with CA, facilitate cohesion between HVI strategies, financial performance, and operational implementation.
• Works with MGB, BWH/MGH and MGB Community Finance leadership to develop a plan for integrating financial reporting and management across all Heart and Vascular Institute sites. Ensure agreed upon methodology for reporting margin and financial performance. Lead and support financial integration.
• Working with MGB/BWH/MGH Financial leadership, assist in the development of margin reports by procedure type to assist in stra
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