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Executive Director of Finance, UCM Care Network

Company: University of Chicago Medical Center
Location: Chicago
Posted on: November 19, 2023

Job Description:

Job Description
Join a world-class academic healthcare system,UChicago Medicine, as theExecutive Director of Finance for the UChicago Medicine (UCM) Care Network.
The Executive Director of Finance, UCM Care Network is the strategic finance and business partner to the President of Care Network. The Executive Director will collaborate closely with cross-functional organization leadership, including the Biological Sciences Division (BSD), UCMC Finance, Shared Services, Managed Care, Strategy Operations, Community Health and Hospital Division and the University of Chicago Medicine. The Executive Director is responsible for organizing, implementing, and directly participating in the development of processes that standardize financial functions, and leading the integration of the physician network strategy, including a multi-year growth and capital plan to maximize the value of the Care Network assets across the Health System. This role will also foster efforts to positively impact the organization's visibility, image and relationship with its surrounding community.
Who you are:
The Executive Director of Finance, UCM Care Network is responsible for the overall financial management, as well as the evaluation of strategic growth opportunities across the Medical Group/Care Network. The Executive Director should be comfortable diving into the analytics as well as strategically leading the growth and development of the Medical Group.

  • Bachelor's degree in Business, Health Care Administration, or related field, with relevant financial management experience required. MBA Preferred.
  • Minimum 10 years' experience in finance at a healthcare system, preferably an academic healthcare system.
  • 8 years experience in a managerial role in a health system/shared services environment.
  • 5 years experience in an employed physician practice model.
  • A sound knowledge of healthcare finance, strategic planning and cost controls with skills of business acumen, strategic planning, organizational assessment, highly developed leadership with interpersonal skills and quantitative analytic abilities.
  • Strong service orientation and communication skills required.
  • 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.
  • Excellent oral and written communication skills are required.
  • Experience in the development, implementation and ongoing utilization of automated budget/financial systems and BI reporting platforms is desired.
  • Fluent in excel, MS Office and SQL.

    What you'll gain as the Executive Director of Finance, UCM Care Network:

    • Opportunity to oversee financial performance, consolidate functions across the organization and build a long-term, sustainable model for our UCM Care Network.

      What you'll do as the Executive Director of Finance, UCM Care Network:

      • Supports the Care Network President in developing the financial direction and vision for the future network and business development of the Medical Group.
      • Manages the Medical Group performance strategy to achieve standard operational goals on an integrated strategic and financial plan, including a multi-year growth and capital plan, in collaboration with the System CFO, Care Network President, VP Finance Shared Services/CFO Care Network, and the Dean of Clinical Affairs and other Leadership.
      • Quickly establishes and maintains lines of communication in support of appropriate relationships among key stakeholders, while pinpointing new process initiatives and a transparent financial model that identifies dollars, effort and processes to determine current and ongoing financial support vital to the development of the Medical Group and Care Network.
      • Develops and implements best-in-class financial and analytic operations across the Network, including the development of budgets, financials and long-range planning processes for the Care Network (UCM and CHHD) including volumes, revenues, and expenses leading to optimal financial effectiveness, service excellence and clinical quality.
      • Prepares and conducts internal and external presentations for internal and Board leadership.

        E4 Leadership (Equity, Engage, Evolve, Excel) is a patient centered management system that empowers teams to improve daily basis. This is done through daily readiness huddles, real time process monitoring, performance review huddles and structured problem solving. E4 Leadership is an evolving system where leaders work together to cultivate a culture of equity and continuous improvement that enables

        • Each person to realize their full potential for contribution
        • The organization to achieve high performance outcomes
        • System-wide integration, coordination, and seamless execution
        • Clear focus on exceptional, equitable patient care and experiences.

          As part of the leadership team, this position will be instrumental in reinforcing and sustaining UCM's E4 Leadership Culture.
          Must comply with UCMC's COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well. Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.
          Why Join Us
          We've been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment--- with patients and with each other. We're in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you'd like to add enriching human life to your profile, The University of Chicago Medicine is for you. Here at the forefront, we're doing work that really matters. Join us. Bring your passion.
          Bring your career to the next level at a hospital that is thriving; from patient satisfaction to employee engagement, we are at the Forefront of Medicine. Take advantage of all we have to offer and #BringYourPassiontotheForefront.
          University of Chicago Medicine is growing; discover how you can be a part of this pursuit of excellence
          The University of Chicago Medical Center is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.

Keywords: University of Chicago Medical Center, Chicago , Executive Director of Finance, UCM Care Network, Executive , Chicago, Illinois

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