VP Corporate Finance

Job Description

Description

Become part of an inclusive organization with over 30,000 diverse employees, whose mission is to improve the health and well-being of the unique communities we serve.

Summary:
The VP Corporate Finance will lead UNC Health system level financial planning efforts including the health system’s capital plan, long range financial plan, establishing system margin targets and return thresholds, and leading return on investment analyses for major investments being considered. This role will also serve as the finance leader for UNC Health Shared Services. While functioning in a finance leader role, the position is responsible for providing financial leadership and coordination of financial planning and reporting procedures, 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 finance leadership team, providing proactive and creative financial guidance and advice to senior leaders.

Responsibilities:

1. Responsible for financial planning functions, including ensuring the annual operating budget is completed and achieves stated targets and goals, developing and maintaining short-term and long-term forecasting, business plan pro forma development on major initiatives/investments, and partnering with other financial and operational leaders to ensure that system level decisions are fully informed of financial implications. Provides leadership and guidance through management of performance metrics and measurement reporting process. Promotes a culture of data-driven decision-making, including training groups how to use actionable data to maximize operational efficiency, mitigating compliance risks, and monitor performance. Ensures service excellence and achieves operating efficiencies to ensure coding integrity, reduce accounts receivable and bad debts, and increase cash collections. Functions as a liaison with all levels of administration, faculty, and staff on operating issues to coordinate departmental business, accomplish directives, and facilitate resolution of problems. Design and produce specialized reports on operations as needed by finance or operational senior executive leadership. Responsible for the efficient business operations of the financial operations of the shared services enterprise, as well as its annual capital and operating budget processes, and ongoing financial oversight and performance management.
2. Leading Change - Acts as a catalyst for organizational change. Influences others to translate vision into action. Brings about strategic change, both within and outside the organization, to meet organizational goals. Establishes an organizational vision and implements it in a continuously changing environment. Is open to change and new information and rapidly adapts to new information, changing conditions, or unexpected obstacles. Deals effectively with pressure and remains optimistic and persistent, even under adversity. Recovers quickly from setbacks. Formulates objectives and priorities, and implements plans consistent with the long-term interests of the organization. Capitalizes on opportunities and manages risks. Takes a long-term view and builds a shared vision with others.
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. Encourages workforce engagement by building a commitment to excellence and by promoting the organization's vision internally and externally. Delegates’ responsibility clarifies expectations and holds others accountable for achieving results related to their area of responsibility. Leads in a deliberate and predictable way and operates with transparency. Treats sensitive or confidential information appropriately. Develops the ability of others to perform and contribute to the organization by providing ongoing feedback and by providing opportunities to learn through formal and informal methods. Manages and resolves conflicts and disagreements in a constructive manner.
4.    Results Driven - Exceeds organizational goals and customer expectations. Makes decisions that produce high- quality results by applying technical knowledge, analyzing problems, and calculating risks. Holds self and others accountable for measurable high-quality, timely, and cost-effective results. Delivers high-quality services and is committed to continuous improvement. Fosters a culture of safe and compassionate patient care. Makes well- informed, timely decisions, even when data are limited or solutions produce unfavorable results. Positions the organization for success by identifying new opportunities and builds the organization by developing and improving services. Leads the budgeting process. Uses cost-benefit thinking to set priorities, monitors expenditures in support of programs and policies, and identifies cost-effective approaches.

Other Information

Other information:
Education Requirements:
● Requires Bachelor’s degree. Master’s degree strongly preferred.
Licensure/Certification Requirements:
Professional Experience Requirements:
● Requires 10-12 years of progressively responsible experience.
● Prefer eight (8) years of healthcare finance experience and a minimum of five (5) years of management experience.
Knowledge/Skills/and Abilities Requirements:
● Solves complex problems that may have a long-term impact on the business function/line of business. Develops innovative ideas and solutions with significance to the organization’s future. Identifies problem areas and skill gaps proactively and addresses them appropriately. Excellent project management and change management skills for designing and implementing Entity, Triangle, or System initiatives in a complex environment.

Job Details

Legal Employer:NCHEALTH

Entity: Shared Services

Organization Unit: Financial Planning 

Work Type: Full Time

Standard Hours Per Week: 40.00

Work Schedule: Day Job

Location of Job: US:NC:Morrisville

Exempt From Overtime: Exempt: Yes