Chief Financial Officer, UNC Faculty Position Available In Orange, North Carolina

Job Description:

DescriptionBecome part of an inclusive organization with over40,000 teammates, whose mission is to improve the health andwell-being of the unique communities we serve.

Summary:

The ChiefFinancial Officer for UNC Faculty Physicians will lead the financefunctions for the UNCFP including direct oversight of the UNCFPoperational finance function and team, partnering with the UNCSchool of Medicine and UNC Chapel Hill finance teams as well as UNCHealth Corporate Accounting, Treasury, Revenue Cycle, and FinancialPlanning and Analysis teams to ensure the UNCFP remainsoperationally and financially healthy and sustainable.

Specifically, the CFO will be responsible for the development andimplementation of financial strategic direction and annualbudgeting process, will provide financial oversight of thecomponent units of UNCFP, will provide accurate, detailed, andinformative financial reporting, and will support all aspects ofthe UNCFP leadership and operating teams on financial and relatedmatters. The CFO will serve as a resource to the UNC FacultyPractice Board, the UNC Faculty Practice Executive Committee, andwill participate and partner as an executive on the seniorleadership team of the UNCFP, as well as a health care systemfinance team.

Responsibilities:

Financial Leadership:

Provides financial leadership to assurethe long-term stewardship of resources and sustainability ofUNCFP’s mission. Provides oversight and coordination in developingthe annual operating budget, including oversight and support of thefinancial leads of the clinical units (e.g. clinical service linesand clinical departments of UNC SOM) in this effort. Sets andadheres to performance targets for UNCFP for operating income,adjusted operating income (inclusive of transfers), cash flow anddays cash on hand. Consolidate budgets from all departments ofUNCFP. Creates integrated budgets inclusive of clinical andacademic functions. Prepares and presents materials to the FPExecutive Committee and Board, the Executive Council, and the HCSBoard. Develops and maintains the long-term operating, financial,and capital plan in support of the UNC Health system operating,financial and capital plan, especially as it applies to developmentof ambulatory clinical and academic space. Assures availability ofresources to meet long-term financial obligations. Oversees andcoordinates the investments of UNCFP in accordance with allapplicable policies. Manages UNCFP-wide financial statementpreparation. Oversees monthly and annual reporting and preparesmaterials for annual audits. Oversees cost allocation and taxationmethodologies across all departments. Reports and tracks operatingtrends including identifying units deviating from financialtargets. Develops cost accounting tools that accurately measure thefinancial activity and performance of various functional/clinicalunits and clinical service lines/clinical departments. Partnerswith system revenue cycle to ensure UNCFP has a top decile revenuecycle, coding and compliance performance for UNCFP. Develops,implements, and reviews policies. Maintains internal controls,management estimates and financial statement production.

Participates as a member of the Health Care System leadership team,directly reporting to the System Associate CFO, helping shapestrategy and execute strategic priorities. As an embedded andprimary member of the UNCFP leadership team, supports and hasdirect accountability to the President of UNCFP while partneringwith other members of the UNCFP central leadership team, DepartmentChairs, Service Line leaders, and Department Associate Chairs ofAdministration. Supports the UNC SOM CFO and Vice Dean byoverseeing the financial leads of the clinical units as it pertainsto the clinical mission. Partners with the UNC Hospital CFO tocreate integrated planning and reporting for UNC Hospital and UNCFaculty Practice.

Leading People:

Leads people toward meeting the organization’svision, mission, and goals. Provides an inclusive workplace thatfosters the development of others, facilitates cooperation andteamwork, and supports constructive resolution of conflicts.

Encourages workforce engagement by building a commitment toexcellence and by promoting the organization’s vision internallyand externally. Delegates responsibility, clarifies expectationsand holds others accountable for achieving results related to theirarea of responsibility. Leads in a deliberate and predictable wayand operates with transparency. Treats sensitive or confidentialinformation appropriately. Develops the ability of others toperform and contribute to the organization by providing ongoingfeedback and by providing opportunities to learn through formal andinformal methods. Manages and resolves conflicts and disagreementsin a constructive manner.

Leading Change:

Acts as a catalyst for organizational change.

Influences others to translate vision into action. Brings aboutstrategic change, both within and outside the organization, to meetorganizational goals. Establishes an organizational vision andimplements it in a continuously changing environment. Partners withkey stakeholders through proven ability to add value to influencebusiness and financial outcomes for UNCFP. Is open to change andnew information and rapidly adapts to new information, changingconditions, or unexpected obstacles. Deals effectively withpressure and remains optimistic and persistent, even underadversity. Recovers quickly from setbacks. Formulates objectivesand priorities and implements plans consistent with the long-terminterests of the organization. Capitalizes on opportunities andmanages risks. Takes a long-term view and builds a shared visionwith others.

Results Driven:

Exceeds organizational goals and customerexpectations. Makes decisions that produce high-quality results byapplying technical knowledge, analyzing problems, and calculatingrisks. Holds self and others accountable for measurablehigh-quality, timely, and cost-effective results. Delivershigh-quality services and is committed to continuous improvement.

Fosters a culture of safe and compassionate patient care. Makeswell-informed, timely decisions, even when data are limited, orsolutions produce unfavorable results. Positions the organizationfor success by identifying new opportunities and builds theorganization by developing and improving services. Leads thebudgeting process. Uses cost-benefit thinking to set priorities,monitors expenditures in support of programs and policies, andidentifies cost-effective approaches.

Education Requirements:

?Master’s degree in a related field required. (May consider if inprocess)

Licensure/Certification Requirements:

? Nonerequired.

Professional Experience Requirements:

? Requires twelve(12) years of progressively responsible financial experience,ideally in academic health system, including ten (10) years ofpeople management experience.

Knowledge/Skills/and AbilitiesRequirements:

? Solves complex problems that may have a long-termimpact on the business function/line of business, includingclinical units/clinical departments of the UNC SOM.? Developsinnovative ideas and solutions with significance to theorganization’s future.? Identifies problem areas and skill gapsproactively and addresses them appropriately.? Excellent projectmanagement and change management skills for designing andimplementing Entity, Triangle, or System initiatives in a complexenvironment.

Job DetailsLegal Employer:

STATEEntity:

UNC FacultyPhysiciansOrganization Unit:

FP Financial ServicesWork Type:

FullTimeStandard Hours Per Week:

40.00Pay offers are determined byexperience and internal equity.

Work Assignment Type:

OnsiteWorkSchedule:

Day JobLocation of Job:

US:

NC:

Chapel HillThis is a Stateposition employed by UNC Health Care System with UNC Healthbenefits. If, however, you are presently an employee of anotherNorth Carolina agency and currently participate in TSERS or theORP, you will be eligible to continue participating in those plansat UNC Health.

Qualified applicants will be considered withoutregard to their race, color, religion, sex, sexual orientation,gender identity, national origin, disability, or status as aprotected veteran.

UNC Health makes reasonable accommodations forapplicants’ and employees’ religious practices and beliefs, as wellas applicants and employees with disabilities. All interestedapplicants are invited to apply for career opportunities. #J-18808-Ljbffr