Job Description:

• Collaborates with revenue cycle, finance, clinical departments, and other departments/units to support the enterprise strategies of enhancing clinical financial performance. 

• Leads initiatives to optimize and develop strategies and solutions to address financial results improving performance across the health care system. 

• Conducts financial analysis to support decision making related to physician, advanced practice provider and staff requests. 

• Supports monthly review and analysis of clinical performance relative to financial and productivity goals. 

• Builds robust analytical models to analyze new/potential growth and strategic initiatives.

• Collaboratively reviews and implements financial parameters and reimbursement methodologies improving the financial position of the enterprise. 

• Oversees financial management and reporting systems to integrate productivity and other performance measures with financial metrics to continuously improve access and efficiency and achieve growth and financial performance targets. 

• Supports BSD leadership during the annual budget planning process, helping to ensure the creation of accurate, realistic, and optimized fiscal year budgets. 

• Leads, mentors, trains, develops, and recognizes team performance contributing to growth opportunities and retention within team. 

• Develops methodology for ongoing reporting, analysis and updates of budget variances. 

• Presents results to leadership and governance committees as necessary. 

• Recommends and participates in financial and productivity medical group surveys used for benchmarking performance. 

• Manages financial staff through subordinates, usually other managers and professional staff. Establishes performance goals, allocates resources and assesses policies for the related departments managed.

• Recommends the management of operating and capital budgets, information and accounting systems, revenue billing and collection, and the monitoring of expenditures on active accounts.

• Advises budgets for all areas within scope of responsibility. Directs quarterly and year-end reporting for the operating budget.

• Performs other related work as needed.

Preferred Qualifications

Education:

• MBA or advanced degree in finance, public policy, not-for-profit administration, healthcare administration, or a related field.â‹Â 

Experience:

• Expertise in project management. 

• Experience in medical group operations, with experience in financial performance. 

• Knowledge of ambulatory care practice operations. 

• Experience in university or academic medical center. 

• Experience formulating long-term strategic plans.

• Experience working closely with physicians in a provider setting.

Technical Skills or Knowledge:

• Advanced knowledge of Microsoft Office programs, particularly Microsoft Excel.

• â‹Understanding of and experience working with relational databases.

Preferred Competencies

• Knowledge of financial computing and database software applications. 

• Knowledge of various financial principles, practices, and applications including budgeting, financial planning, and financial reporting. 

• Experience with accounting systems and budget systems required Proficiency with Microsoft Office (Word, Excel, PowerPoint). 

• Financial modeling experience. 

• Strong interpersonal, verbal, and written communication skills.

• Ability to establish and maintain relationships at all organizational levels. 

• Proven ability to synthesize complex issues for management. 

• Demonstrated time management ability to deliver high-integrity products within established deadlines. 

• Ability to be a proactive and assertive problem-solver. 

• Strong upward and downward management skills.

• Prior direct supervisory experience.

• Knowledge of GAAP accounting principle, restricted fund accounting, grant accounting.

Application Documents

• Resume (required)

• Cover Letter (preferred)

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via the Applicant Inquiry Form.

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