Director, Physician

Director, Physician Compensation page is loaded## Director, Physician Compensation locations:
Remote time type:
Full time posted on:
Posted Todayjob requisition :
JR100466

At Ortho Virginia, you’re part of a team dedicated to delivering expert orthopedic and therapy care across the state. As Virginia’s largest provider of musculoskeletal care, we offer full-time and part-time opportunities in a collaborative, team-oriented environment.

With more than 159 physicians in over 35 locations—including Lynchburg, Northern Virginia, Richmond, Southwest Virginia, and Hampton Roads—Ortho Virginia is a leader in orthopedic surgery, non-surgical care, and physical, hand, and occupational therapy. Our nationally recognized specialists treat a full range of musculoskeletal injuries and conditions, helping patients of all ages move, heal, and thrive.

Join us and become part of a trusted network committed to excellence in orthopedic care.### Physicians Relations and Compensation
* Responsible for all aspects of physician compensation management to include:  monthly physician compensation true-up calculations  management of call pay and other income allocations  coordination of quarterly physician distributions and associated tax with holdings  preparation and distribution of compensation summaries to physicians  proforma development and projections for physician recruitment  interact with physicians CPAs regarding physician taxes and compensation and provide all tax related documentation (W2’s, K1s)  calculates and track physician buy-ins, buy-outs and trailing AR.

Works with payroll team to ensure timely payment.  review and approval of all physician expense reports  incorporates physician benefit elections as part of physician compensation calculations
* Serves as primary point of contact to physicians and meets with physicians as needed to provide education on structure and calculations of compensation plans.
* Redirects physician inquiries regarding cash balance, benefits, and profit-sharing contributions to HR Total Rewards team
* Completes quarterly review of new physician financial performance with regional administrative and physician leadership.
* Prepares physician compensation component of annual operating budget
* Collaborates with Legal team to prepare compensation exhibit for physician agreements
* Models compensation plan modifications as requested.
* Develops and maintains physician compensation dashboards.
* Prepares presentation(s) for regional and state board and/or shareholder meetings.### ### BASIC JOB REQUIREMENTS
*
* Education:

** Bachelor’s degree in Finance, Accounting or related field required.  CPA, CMA, or CMPE highly preferred.
** Knowledge, Skills, and Abilities:**
* ** Functional / Technical Skills** – has the functional and technical knowledge and skills to do the job at a high level of accomplishment
* ** Business Acumen** – Knows how multiple businesses work; knowledgeable in current and possible future policies, practices, trends, technology, and information affecting his/her business and organization; knows the competition; is aware of how strategies and tactics work in the marketplace.
* ** Process Management** – Skilled at learning and managing financial & technical processes necessary to achieve business objectives; effectively organizes people and activities; understands how to separate and combine tasks into efficient workflows; knows what to measure and how to measure it; can see opportunities for synergy and integration; can simplify complex processes; utilizes resources efficiently and effectively.
* ** Performance Driven** – To successfully achieve goals; consistently performs at high levels; very bottom line oriented; steadfastly pushes self and others for results; executes and achieves business objectives.
* ** Informing –
** Provides meaningful data allowing for timely and informed decision making. Assisting colleagues to perform their functions at the highest level and to feel positive about being a member of the team. Ability to communicate complex financial concepts in layman’s terms.
* ** Building Effective Teams** – Ability to form teams as needed; creates strong morale and spirit…