Director of Finance - Academic Enterprise, Clinical in Galveston, Texas
February 26, 2018
Bachelors' Degree in Business or related field of study and 10 years of relevant work experience including prior supervisory experience and experience with budgeting and forecasting tools in a large clinical organization
The Director of Finance - Academic Enterprise (AE), Clinical provides leadership and directs day to day financial management activities for the AE Clinical Enterprise, including ensuring the accuracy of financial transactions and reporting. This position is responsible for developing and leading a team with accountability for on-going AE-Clinical performance review by identifying and communicating key variances from budgets and forecasts, comparing key metrics to benchmark data, and using other analytics as appropriate. The individual filling this role must have a deep understanding of financial relationships and the ability to interpret trends that inform management decision-making. This position will work closely with members of the Business and Finance (B&F;) Leadership Team as well as operational leadership of the Clinical Departments to identify performance issues and recommend corrective actions. This position will be responsible for reviewing monthly financial performance and for providing budget and prior year variance analysis as well as ensuring close collaboration with the Decision Support team to prepare the annual operating budget, forecasts and for delivering reports and presentations to the AE Executive Leadership Team, and to UTMB Executive Leadership. The individual filing this role will develop collaborative, detailed working relationships with clinical department leadership, assisting them in all financial aspects of their departments.
Salary Range **
Salary range is commensurate with experience.
This position is a Band Code AP21.
Specific Job Related Duties **
ESSENTIAL JOB FUNCTIONS:
Monitors monthly financial performance as compared to plan; prepares and presents analysis that explains variances and proposes corrective action
Reviews financial information and identifies developing trends that inform forecasts and management for decision making purposes
Collaborates with B&F; Decision Support to develop clinical assumptions, which will inform financial forecasts and the six-year financial forecast submitted annually with the State Operating Budget
Assist with development and maintenance of metrics and comparisons to benchmarks
Assist in the development of technology and best practices to ensure continuous process improvement
Adheres to internal controls and reporting structure
Ensures adherence to timelines for key deliverables to support preparation of the State and Institutional operating budgets.
Works with the VP, Finance â“ AE, AE leadership, the Director of Finance â“ AE, Research and Director of Finance â“ AE, Education to determine mission-level financial targets and the underlying allocation to departments.
Supports the Faculty New Hire process coordinating with the AE Director of Finance, Education to ensure faculty commitments and backstops are documented, implemented, reconciled and communicated.
Work closely with the AE Director of Finance-Education to review the appropriateness of faculty commitment forecasts and budgets
Supports the capital budget process in conjunction with the VP, Finance â“ AE and Directors of Finance â“ AE, Research and Education.
Assists in the completion of ad hoc, requests from AE, UTMB or UT System leadership
Provides on-going review of budget information presented in financial reports to ensure accurate reporting.
Advises leadership on current clinical industry financial trends and the potential impact on the AE.
Works with the Corporate Controller to manage the integrity of the AE-Clinical general ledger.
Supports AE, B&F; and UTMB leadership workgroups and other committees.
Supports preparation of AE or UT System surveys, as needed.
Supports the completion of the annual financial audit, annual financial report, biennial legislative request.
Works with the revenue cycle team and contracting team, as needed to ensure maximum professional reimbursement.
Partners with the Directors of Finance, Education and Research to effectively coordinate completion of departmental goals and objectives.
Administrative and Supervisory
Provides direct leadership to a team of financial professionals through regular communication, active goal setting, and routine coaching to model and promote behavior that aligns with UTMB's Core Values
Responsible for recruiting, training, development and evaluation of direct reports.
Organizes and plans work to ensure appropriate prioritization and timely deliverables
Provides routine status updates and quickly escalate appropriate issues to leadership when necessary
Develops a comprehensive knowledge of the Institution's accounting and budgeting systems (Oracle, Hyperion, EPSI, STRATTA, Crowe-Horwath and related EDW) and keeps up to date with Microsoft Office (Excel, PowerPoint, Word, and Outlook).
Possesses a strong understanding of financial statements and financial relationships as well as a sound working knowledge of Generally Accepted Accounting Principles and accounting practices and procedures
Ability to execute the efficient retrieval and compilation of financial data and statistical information for decision making purposes.
Ability to analyze /evaluate data and make appropriate decisions/recommendations
Must possess strong oral and written communication skills and has the ability to effectively work and communicate with individuals at all levels of the institution
Strong organization and planning skills with ability to manage multiple projects simultaneously
Hands-on management style with the ability to drive projects to closure
External Relations and Development
Actively participates with Finance colleagues in completing initiatives, goals and priorities
Develops productive relationships with UTMB personnel across campus while accomplishing institutional objectives
PREFERRED EDUCATION / EXPERIENCE:
Masters' degree, CPA and financial experience (accounting, budgeting, analysis, planning, etc.) using automated financial systems within a large clinical organization such as Academic Medicine, Health System, Group Practice, etc.
Closing Statement **
Equal Employment Opportunity **
UTMB Health strives to provide equal opportunity employment without regard to race, color, national origin, sex, age, religion, disability, sexual orientation, gender identity or expression, genetic information or veteran status. As a VEVRAA Federal Contractor, UTMB Health takes affirmative action to hire and advance women, minorities, protected veterans and individuals with disabilities.
Full/Part Time: Full-Time
Job Type: Regular
Job Title: Director of Finance - Academic Enterprise, Clinical