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VP OPERATIONAL FINANCE - UNC HOSPITALS

Company: UNC Health Care
Location: Chapel Hill
Posted on: October 12, 2020

Job Description:

DescriptionThe VP Operational Finance will assist in leading the finance function at UNC Hospitals. While functioning in a finance leader role, position is responsible for providing financial leadership and coordination of financial planning and reporting procedures, manage labor and capital approvals process, budget development and management functions, including interim and final financial statements with supporting schedules, for the guidance and use of management. Serve as a collaborative member of the operational leadership team, providing proactive and creative financial guidance and advice to senior leaders.
Description of Job Responsibilities:
1. Financial Leadership- Develops, evaluates, monitors and communicates long and short term financial objectives and metrics ensuring consistency and alignment with overall strategic goals and objectives. Assists senior management in the planning of new services that generate additional sources of profitable revenue. Leads generation of annual operating and capital budgets and produces monthly financial statements along with analyses showing results in comparison to budget, historical performance and identifying trends. Assists in accumulating data and statistics necessary for the preparation of annual Medicare and Medicaid Cost Reports. Serves as key advisor on financial management including revenue enhancement and cost controls, strategy and capital development and allocation. Provides financial leadership to hospital directors and managers that will create ownership of goals and encourage active participation in decisions that impact the organization. Actively participates in leadership at the UNC Health Care system level, with regards to finance.

2. Leading Change - Initiates and manages the change process, taking steps to remove barriers or accelerate its pace. Communicates a compelling vision and need for change that generates excitement, enthusiasm, and commitment to the process. Clearly communicates the direction, required performance, and challenges of change to all involved parties. Identifies and enlists the support of key individuals and groups to move the change forward. Obtains and provides resources to implement change initiatives. Serves as a role model by demonstrating commitment to innovation and continuous improvement in organizational performance. At the direction of the medical providers and Program Manager, assists in the scheduling of appointments for physical therapy, radiology, outside medical providers or return appointments with the appropriate medical providers.

3. Leading People - Leads people toward meeting the organization's vision, mission, and goals. Provides an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. Treats sensitive or confidential information appropriately. Works to improve and reinforce performance of others. Delegates assignments, clarifies expectations and holds others accountable for achieving results related to their area of responsibility. Encourages workforce engagement by building a commitment to excellence. Works collaboratively toward solutions that accomplish organizational objectives.

4. Results Driven - Exceeds departmental and organizational goals and customer expectations. Makes decisions that produce high-quality results by applying knowledge, analyzing problems, and calculating risks. Delivers high-quality services and is committed to continuous improvement. Understands the overall financial performance of the organization and applies financial concepts and practices to establish and maintain realistic budgets. Uses financial information to monitor overall financial status of operations.
QualificationsEducation Requirements:
Bachelor's degree in Business, Accounting, Finance or related field; Master's degree preferred.

Professional Experience Requirements:
Ten (10) years of progressive healthcare, financial management and/or accounting experience, ideally gained in a multi-hospital system, with at least seven (7) years of management experience. Experience in a financial leadership role at an Academic Medical Center preferred.

Knowledge, Skills, and Abilities Requirements:
Knowledge of finance, accounting, budgeting, patient financial services, cost control principles including Generally Accepted Accounting Principles and governmental accounting and financial reporting standards. Knowledge of automated financial and accounting reporting systems. Knowledge of federal and state financial regulations. Ability to analyze financial data and prepare financial reports, statements and projections. Working knowledge of short and long term budgeting and forecasting. Work requires professional written and verbal communication and interpersonal skills. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects. Ability to participate in and facilitate group meetings. Ability to make effective presentations and handle challenging questions. Understands and applies principles, procedures, requirements, regulations, and policies related to specialized expertise.

Keywords: UNC Health Care, Chapel Hill , VP OPERATIONAL FINANCE - UNC HOSPITALS, Other , Chapel Hill, North Carolina

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