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Indiana University Health

Director- Physician Finance

System Services
Date Posted
26 June, 2023
Schedule & Shift
Full Time
Day
Requisition Number
352934
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Director- Physician Finance

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Job Description

Overview

The Director of Physician Finance partners with leadership team(s) to lead and direct both the long-range financial planning process and the annual budget process, including both operating and capital planning, and to support operational and financial improvements. This leader will combine strong relationships, strategic analysis, and risk-conscious planning to ensure that the unit's strategy is realized. The position interfaces with both leadership and front-line team members to execute organizational development strategy and drive change initiatives across the unit to optimize potential and achieve strategic and operational objectives. The Director serves as a financial resource to operational leaders of the unit, providing financial reporting and analysis, expense management, operational improvement, and the evaluation of growth opportunities. The incumbent creates executive-level reporting packages to communicate key performance indicators with unit leadership, identifying, evaluating, and implementing countermeasures to improve negative financial performance. The Director performs data analytics and prepares operating benchmarks and dashboards to evaluate and compare performance across relevant units and over time.

 

QUALIFICATIONS/KNOWLEDGE/SKILLS/ABILITIES

 

 Bachelors Degree required, Masters or CPA strongly preferred.
• Requires 7+ years of relevant experience.
• Requires experience completing and presenting complex data analytics.
• Requires knowledge of state and national regulatory agency guidelines and/or a working knowledge of  Generally Accepted Accounting Principles (GAAP) and/or other industry standard guidelines.
• Requires experience implementing large scale process improvement initiatives that drive measurable business results.
• Requires experience successfully interacting with all levels of leadership, including executives, and presenting information in a concise, format that clearly conveys findings and recommended actions.

 

Key Relationships

Reports to: Vice President- Chief Financial Officer, Indiana University Health Physicians

 

Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People motivated to do their best every day. People who are always ready to apply themselves. As one of Indiana's largest employers, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation's healthiest states.

 

IU Health is among the top ten largest single-state nonprofit health systems in the United States. Through its 16 hospitals (a mix of urban, suburban and rural facilities), IU Health offers a full range of specialty and primary care services for children and adults. Statewide, IU Health has more than 2,600 staffed beds, $6.23 billion in net total operating revenue, and strategic service lines including cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplant, that have received national recognition for quality patient care over the decades. IU Health has over 34,000 team members.

 

We are an equal opportunity employer and value diversity and inclusion at IU Health. IU Health does not discriminate on the basis of race, color, religion, sex, sexual orientation, age, disability, genetic information, veteran status, national origin, gender identity and/or expression, marital status, or any other characteristic protected by federal, state, or local law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

 

Apply teamwork. Apply experience. Apply skill. Apply yourself. And together we can change everything.

 

 

We are an equal opportunity employer and value diversity and inclusion at IU Health. IU Health does not discriminate on the basis of race, color, religion, sex, sexual orientation, age, disability, genetic information, veteran status, national origin, gender identity and/or expression, marital status or any other characteristic protected by federal, state or local law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Qualifications for the Director- Physician Finance Role

Overview

The Director of Physician Finance partners with leadership team(s) to lead and direct both the long-range financial planning process and the annual budget process, including both operating and capital planning, and to support operational and financial improvements. This leader will combine strong relationships, strategic analysis, and risk-conscious planning to ensure that the unit's strategy is realized. The position interfaces with both leadership and front-line team members to execute organizational development strategy and drive change initiatives across the unit to optimize potential and achieve strategic and operational objectives. The Director serves as a financial resource to operational leaders of the unit, providing financial reporting and analysis, expense management, operational improvement, and the evaluation of growth opportunities. The incumbent creates executive-level reporting packages to communicate key performance indicators with unit leadership, identifying, evaluating, and implementing countermeasures to improve negative financial performance. The Director performs data analytics and prepares operating benchmarks and dashboards to evaluate and compare performance across relevant units and over time.

 

QUALIFICATIONS/KNOWLEDGE/SKILLS/ABILITIES

 

  • qualifications__list
     Bachelors Degree required, Masters or CPA strongly preferred.
  •  Requires 7+ years of relevant experience.
  •  Requires experience completing and presenting complex data analytics.
  •  Requires knowledge of state and national regulatory agency guidelines and/or a working knowledge of  Generally Accepted Accounting Principles (GAAP) and/or other industry standard guidelines.
  •  Requires experience implementing large scale process improvement initiatives that drive measurable business results.
  •  Requires experience successfully interacting with all levels of leadership, including executives, and presenting information in a concise, format that clearly conveys findings and recommended actions.

     

    Key Relationships

    Reports to: Vice President- Chief Financial Officer, Indiana University Health Physicians

     

    Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People motivated to do their best every day. People who are always ready to apply themselves. As one of Indiana's largest employers, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation's healthiest states.

     

    IU Health is among the top ten largest single-state nonprofit health systems in the United States. Through its 16 hospitals (a mix of urban, suburban and rural facilities), IU Health offers a full range of specialty and primary care services for children and adults. Statewide, IU Health has more than 2,600 staffed beds, $6.23 billion in net total operating revenue, and strategic service lines including cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplant, that have received national recognition for quality patient care over the decades. IU Health has over 34,000 team members.

     

    We are an equal opportunity employer and value diversity and inclusion at IU Health. IU Health does not discriminate on the basis of race, color, religion, sex, sexual orientation, age, disability, genetic information, veteran status, national origin, gender identity and/or expression, marital status, or any other characteristic protected by federal, state, or local law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

     

    Apply teamwork. Apply experience. Apply skill. Apply yourself. And together we can change everything.

     

Job Page Content image

Indiana University Health is Indiana’s most comprehensive health system, with 15 hospitals and nearly 40,000 team members serving Hoosiers across the state. Our partnership with the Indiana University School of Medicine gives our team members access to the very latest science and the very best training, advancing care for all. We’re looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People who are compassionate and serve with a purpose. People who aspire to excellence every day. People who are always ready to apply themselves.

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