Senior Director, Finance and Clinical Programs - Department of Medicine at UW in Seattle, WA

Job description

Job Description The Department of Medicine has an outstanding opportunity for a Senior Director, Finance and Clinical Programs to join their team. About this Opportunity: Reporting to the Vice Chair of Finance and Administration of the Department of Medicine and as a senior member of the Executive Leadership team, the Senior Director, Finance and Clinical Programs is an advisor to the Chair, VCFA, Service Chiefs, Division Heads and Division Administrators. Provides evaluation and assistance with their financial plans and analysis. The Senior Director, Finance and Clinical Programs has fiduciary responsibilities of the Department’s $600 million budget; including directing oversight of the Department budget, long-range financial plans, which includes budgets and funds from federal, state, practice plan, private, University and foundation sources, signature authority, reporting and analysis of the funds. As well as overseeing the vast clinical enterprise of the department including the clinical revenue cycle, productivity and compensation for our clinical faculty which includes strategic planning and coordination and negotiations with medical centers. A deep understanding, managing competing priorities and ability to monitor the pulse of the clinical operations and finances is vital to the success of the department and this position. Key Responsibilities: The Senior Director, Finance and Clinical Programs is responsible for oversight of all departmental revenues and financial activity and overseeing the departments central finance team and clinical program team. For the finance team, the responsibilities include managing the annual strategic planning and budget process for the department and divisions as well as monthly financial reporting and analysis for all activities. For the clinical program team, it includes annual UWP budget and clinical funding process with UW Medicine, managing strategic planning for all clinical programs in conjunction with UW Medicine leadership, as well as ongoing (daily, monthly and annual) management of the clinical revenues and expenditures for each division in the department. This role includes managing clinical productivity, maximizing coding and reimbursement, and evaluating physician compensation and divisional incentive plans. The position is directly accountable to the Chair and the Vice Chair of Finance and Administration of the Department of Medicine for the successful accomplishment of these tasks. FINANCIAL PLANNING, BUDGETING, FINANCIAL REPORTING AND ANALYSIS (25%) The Senior Director, Finance and Clinical Programs will be responsible to organize and direct the annual budget process for the DoM including development of annual budgets for each Division and for all DoM Central units. Process includes completing a full DoM budget including UWP budget and other key factors including commitments and long-term funding obligations. Oversee monthly and annual financial reporting for the DoM at both Division and Central Unit level. Continually assess the reporting process to ensure it provides VCFA and Chair necessary insight in the financial status and performance of each Division, each Central Unit and the DoM in its entirety. The annual budget and funding process will be linked to the Strategic planning and initiatives of the Department. Assess DoM financial performance against both the annual budget and the department's long-term strategy. Development of strategic financial plans for the department. This will include financial analyses, proposals and implementation plans for new programs, and the analysis to changes in existing programs if necessary. Develops policy and oversee compliance for sponsored research programs. Translates department objectives into financial strategies for short- and long-term planning. Interpret policies and regulations concerning the department's financial activities, ensuring compliance with the University's policies and procedures as well as guidelines from the