UChicago Medicine Ingalls Memorial · 19 hours ago
Director, Financial Operations
Harvey, IL
Full-time
Hybrid
Director/Executive
$170K/yr - $236K/yr
8+ years expUChicago Medicine Ingalls Memorial is a world-class academic healthcare system, and they are seeking a Director of Financial Operations. This role involves providing leadership in financial strategies, optimizing financial performance, and ensuring fiscal health while maintaining high standards of patient care.
Health CareHospital
Responsibilities
Provide leadership, direction and supervision through a Shared Services model for accounting, strategic finance, business referral patterns, and revenue analysis and payer structures
Support the System Vice President and Service Line Leaders in developing and setting the financial strategy and direction for UCM operations in Harvey, IL and Crown Point, IN to drive financial performance
Develop and implement best-in-class financial and analytic operations leading to optimal financial effectiveness, service excellence and clinical quality
Work closely with departmental leaders by acting as a business partner to assist with budget preparation, while providing ongoing communication of financial, productivity, resource utilization performance, leakage, KPIs to benchmark variance review along with other financial performance indicators
Leads the development and preparation of all financial plans including annual operating and capital plans, support the development of the Health System’s long range financial plans and performance improvement initiatives for presentation to executive leadership
Analyze and report on variances to budget and works with departmental and divisional management to develop corrective action plans to obtain financial performance goals
Analyze the regional financial and operational position based on current, past and future trends and budgeted levels that utilize variance analysis, benchmarks, productivity targets, cost, supply consumption, and established plans
Ensure policy and procedure manuals are maintained, reviewed, and revised annually and are available as required for audit and control purposes
Participate in the interview, selection, orientation and ongoing development of management and professional employees in the department to ensure a highly engaged top-performing team
Foster efforts to positively impact the organization’s visibility, image, and relationship with its surrounding community
Lead, develop and mentor team members to support the financial operation leveraging strengths and advance skill sets. Provides leadership in strengthening internal communications with staff at all levels of the organization. Creates and promotes a positive and supportive work culture
Qualification
Required
Bachelor's degree in Business, Finance, or Accounting required
8 years of hospital finance and operations experience, preferably at a standalone facility within a large corporation or complex healthcare system
Advanced knowledge of labor productivity standards, revenue cycle performance, and hospital financial plans including operating and capital budgets are essential
A sound knowledge of healthcare accounting, finance and cost controls with skills in business acumen, strategic planning, organizational assessment, highly developed leadership and quantitative analytic abilities
Ability to analyze information, present data, and draw conclusions by applying analysis techniques, using data to drive positive performance
Advanced interpersonal skills with the ability to work effectively and exercise a high degree of diplomacy, discretion and collaboration in dealing with constituencies at all levels, from entry-level staff to surgical provider partnerships to the executive suite
Excellent verbal, written, and presentation skills. Ability to speak articulately in high-level forums and to answer difficult questions with confidence
Effective ability to bring clarity to complex issues and coach problem-solving techniques is essential, along with the ability to model a creative and proactive ‘can-do' attitude with the willingness to take the initiative in leading change as well as the ability to effectively manage change
An individual of unquestioned integrity and moral character who represents the values of the organization
Fluent in ERP/financial software systems required, including Oracle Cloud, and ability to harness information for presentation and insights
Preferred
CPA preferred
Company
UChicago Medicine Ingalls Memorial
For nearly a century we have pioneered sophisticated clinical care and developed the area's most convenient network of comprehensive outpatient centers, all dedicated to improve the health and wellbeing of the community.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase