The salary range for this position is CAD $54.16 - $77.86 / hour
Job Summary
Position Highlights
The Manager, Physician Compensation, is responsible for the effective leadership and management of all physician compensation payments and reporting for Fraser Health. The Manager leads the payment and reporting function of physician payments and works in partnership with senior leadership and Finance to ensure that physician funding is managed effectively and efficiently.
This is a Regular Full-Time opportunity located in New Westminster, BC at our Uptown Latitude building.
Build on your education and experience as you:
- Manage the day-to-day activities of the Physician Compensation Department by determining priorities, scheduling work based on department priorities, developing processes and methods for project implementation resulting from strategic initiatives
- Develop and recommend short- and long-range goals and objectives for the Physician Compensation Department ensuring that such plans support the goals, policies and vision of the Accounting Services Division of Fraser Health
- Manage the development and maintenance of the physician compensation database and entries into the general ledger system to provide complete and accurate records in accordance with generally accepted accounting principles, Ministry of Health policies and procedures and Fraser Health policies
- Manage the preparation of all physician compensation-related reporting, including all regulatory reporting with the MOH Services to ensure that all filing deadlines are met
- Develop and maintain computerized financial and statistical models for financial control, analysis, planning and forecasting purposes such as tracking sources of funding to expenditures and related reconciliations, provides reports and recommendations
- Initiate communication with senior administrative and medical leadership, physicians and other stakeholders to ensure that all necessary financial and reporting processes are in place to meet the funding and reporting requirements of new or amended physician contracts
- Participate on internal and external committees, as assigned
To join our team, ideally, we are looking for you to have:
- CPA designation and/or university degree in a related field
- Seven to ten years relevant managerial and supervisory experience in a large, complex, multi-union environment.
*An equivalent combination of education, training and experience may be considered
Detailed Overview
Supporting the Vision, Values, Purpose and Commitments of Fraser Health including service delivery that is centered around patients/clients/residents and families:
Reporting to the Director, Corporate Finance, the Manager, Physician Compensation is responsible for the effective leadership and management of all physician compensation payments and reporting for Fraser Health. The Manager leads the payment and reporting function of physician payments and works in partnership with senior leadership and Finance to ensure that physician funding is managed effectively and efficiently and collaborates with the Ministry of Health (MOH) to effectively manage physician payment and incentive programs.
Responsibilities
- Manages the day-to-day activities of the Physician Compensation Department by determining priorities, scheduling work based on department priorities, developing processes and methods for project implementation resulting from strategic initiatives; ensures that initiatives are carried out in accordance with the goals, policies and vision of Fraser Health.
- Develops and recommends short- and long-range goals and objectives for the Physician Compensation Department ensuring that such plans support the goals, policies and vision of the Accounting Services Division of Fraser Health.
- Manages the development and maintenance of the physician compensation database and entries into the general ledger system to provide complete and accurate records in accordance with generally accepted accounting principles, Ministry of Health policies and procedures and Fraser Health policies. Ensures accurate and timely preparation of account reconciliations, financial statements and reports including reporting to the MOH on contract utilization and physician payments.
- Manages the preparation of all physician compensation-related reporting, including all regulatory reporting with the MOH Services to ensure that all filing deadlines are met.
- Develops and maintains computerized financial and statistical models for financial control, analysis, planning and forecasting purposes such as tracking sources of funding to expenditures and related reconciliations, provides reports and recommendation to the Director, Corporate Finance, Executive Director, Financial Planning and Business Support; Executive Director, Contract Management Office, Executive Director, Medical Affairs and Chief Financial Officer for decision and then executes those decisions.
- Initiates communication with senior administrative and medical leadership, physicians and other stakeholders to ensure that all necessary financial and reporting processes are in place to meet the funding and reporting requirements of new or amended physician contracts.
- Initiates the development and revision of Fraser Health Physician Compensation financial policies and procedures to ensure compliance with negotiated provincial agreements between the Government and BC Medical Association, consistency with existing Fraser Health policy and industry standards and best practice. Drafts policy develops briefing documents for senior executive review and approval and leads implementation and communication of new policies.
- Interpret the finance and compensatory implications of Ministry policy changes, legislative changes and the impact of negotiated agreements between the Government and the BC Medical Association and utilizes face-to-face briefings, decision documents and other communication tools to provide expert opinion and guidance to the Director, senior executive, medical leadership, physicians, Finance and other stakeholders.
- Maintains expert knowledge of current physician compensation best practices, including new directions by the Ministry of Health and in other jurisdictions to effectively support innovations in health care delivery such as pay for performance, hybrid funding and fixed and variable payment models.
- Manages the human resource function for the department including selecting, directing, motivating and evaluating staff to ensure the effective performance of their duties, promotes, disciplines and initiates staff termination, as required; orients staff, develops and implements appropriate staff development and retention plans; ensures compliance with current human resources standards and procedures.
- Manages annual operating budges for the Physician Compensation area and ensures that operations are provided in an effective, efficient and economical manner and program priorities are aligned with key Fraser Health and Medical Affairs objectives.
- Participates on internal and external committees, as assigned.
Qualifications
CPA designation and/or university degree in a related field, plus seven (7) to ten (10) years relevant managerial and supervisory experience in a large, complex, multi-union environment.
COMPETENCIES:
Demonstrates the leadership practices of the Fraser Health Leadership Framework of Clear, Caring and Courageous and creates the conditions for people to succeed.
Professional/Technical Capabilities
- Superior analytical and problem-solving skills with high attention to detail including the ability to identify, interpret, assess and resolve complex issues and present information succinctly.
- Highly developed business writing and verbal communication skills including the ability to facilitate, negotiate, persuade others, and encourage cooperation between diverse organizational group and skill sets and to work collaboratively to problem-solve, design and implement solutions.
- Ability to supervise and lead staff.
- Ability to establish courses of action for self and others that are results oriented.
- Ability to respond to the needs of stakeholders supported by and acute awareness of the impact of actions.
- Demonstrated ability to exercise tact, good judgment and initiative.
- Ability to operate various software tools and systems required by the role.
About Fraser Health
Fraser Health is the heart of health care for over two million people in Metro Vancouver and the Fraser Valley in British Columbia, Canada, on the traditional, ancestral and unceded lands of the Coast Salish and Nlaka’pamux Nations and is home to 32 First Nations within the Fraser Salish region.
People - those we care for and those who care for them - are at the heart of everything we do. Our hospital and community-based services are delivered by a team of 48,000+ staff, medical staff and volunteers.
We are committed to planetary health and value diversity in the work force. We strive to maintain an environment of respect, caring and trust. Fraser Health’s hiring practices aspire to ensure all individuals are treated in an inclusive, equitable and culturally safe manner.
Together, we are the heart of health care.
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IMPORTANT: Recruitment scam warning
Please be on alert for potential recruitment scams. We are aware of recent scams targeting individuals by falsely claiming to represent Fraser Health. Always take precautions when sharing personal details with unverified sources. Please note that we will never ask for money or payment at any point during our recruitment process.