Director of Clinical Finance

About the position

The Office of Finance at the Dell Medical School is seeking a Director of Clinical Finance. This is a full-time position, and remote work is expected with limited possibility of hybrid work. The Director of Clinical Finance provides leadership and direction for clinical financial operations and productivity metrics at the UT Health System and Dell Medical School. This includes generating meaningful reporting and analytics, communicating results to drive strong financial decision-making, and overseeing the integration of clinical financial data across multiple platforms. This position is highly matrixed between the Office of Finance, Clinical Departments, and Senior Health Center Administration.

Responsibilities

• Serve as a key leader and liaison for the Office of Finance leadership (Senior Director and CFO) in working with Clinical Departments to create and execute a financial plan to support the strategic growth of clinical services.
• Act as a partner with Clinical Departments, providing thought leadership and analysis for ongoing business initiatives (go/no-go decisions, scenario analysis, project after-action reviews, etc.).
• Develop, maintain, and deliver financial reporting to Clinical leadership teams, driving continuous improvement in budgeting, forecasting, and reporting.
• Oversee the management of the clinical pillar budget plan, including developing, monitoring, analyzing forecasting and reporting.
• Recommend and develop strategies for general cost containment, strategic investments, and growth management.
• Develop metrics and analytics to monitor and assess performance to budget in volumes, revenues, and expenses.
• Create and lead a monthly financial review for each department.
• Develop rolling multi-year program-level forecasts, supporting clinical prioritization.
• Partner with clinical department leadership to develop clinical productivity metrics and implement regular dashboards/tracking systems.
• Represent the Director of Finance regarding clinical financial matters on various institutional committees and ad hoc groups.
• Represent Finance to other operational components, UT System, outside agencies, and on intra- and inter-unit committees as needed.
• Collaborate with Finance leadership to ensure business continuity plans are maintained, documented, and routinely tested.
• Work closely with the Finance leadership team on the recruitment, training, supervision, and evaluation of finance staff supporting clinical finance.
• Work with Finance senior leadership to define, plan, and implement professional development of staff.
• Work closely with the Finance leadership to evaluate staffing levels and develop projections to meet operational needs.
• Adhere to internal controls and reporting structure.
• Perform other duties as assigned.

Requirements

• Bachelor’s degree in finance or a related field.
• 10 years of progressive, professional finance, accounting, or consulting experience, including 5 years of mid to senior management experience and including 5 years in an academic medical center or dynamic and complex healthcare organization or hospital system.
• Experience with hospital revenue cycle operations.
• Experience with physician productivity.

Nice-to-haves

• Master’s degree in business administration or related field.
• 15 years of progressive, professional accounting or finance leadership or consulting experience, including 5 years of mid to senior management experience and including 7 years in an academic medical center or dynamic and complex healthcare organization or hospital system.

Benefits

• Competitive salaries
• Full benefits
• Extensive support network
• Collaborative working community