Director of Finance - CSUs

Position Overview:

Director of Finance is responsible for ensuring that all key stakeholders and leadership receive accurate and timely financial reporting and analysis in order to make strategic financial decisions. The Director of Finance will partner with University Department leaders, and work collaboratively across wings and with the Center of Operational Excellent (budget, provider compensation and productivity, financial reporting, and operations/scheduling) to make recommendations to help the organization achieve its financial goals. Director of Finance will lead a team of CSU financial analysts and provide ongoing training & development to finance team and operational leaders to improve financial literacy of clinical decision makers.

Roles Responsibilities:

50%: Supervision and development of CSU analyst team

• Provide clear strategic guidance to team of high-level CSU analysts to complete key financial functions for the organization
• Oversee and coordinate standardized financial reporting, analysis, and budgeting using unified sources of truth to support organization's financial targets.
• Help prioritize the workflow of financial analyst team.
• Strengthen financial analyst's ability to perform complex analyses, analyze/explain trends, and present to operational leaders.
• Ensure financial analysts are providing adequate support to operational leaders by monitoring an adjusting to leader feedback.
• Provide coaching and development opportunities. Proactively reach out to gain feedback on analyst performance from key stakeholders.
• Ensure consistent level of service across all CSUs, all leaders are seeing information in similar formats consistent with University and UMP leadership preferences
• Encourage cross training and diffusion of best practices to the entire group

25%: CSU Liaison to University Department Leadership

• Build and maintain strong relationships with University CSU leaders including Department Chairs, Finance Directors, HR Managers, and Department Administrators
• Act as strategic partner for University CSU leaders to implement organizational priorities
• Maintain an in depth understanding of both clinical and academic financial sides of the University and UMP, and how clinical and academic finances interact and affect one another
• Be the point person for the Dean's Office on matters that impact CSU financials, and likewise communicate to the Dean's Office for CSU clinical initiatives that will impact University academic finances

25%: CSU Liaison to Center of Operational Excellence

• Build and maintain strong relationships with COE leaders including Budget Manager, Reporting Manager, Faculty Compensation Manager, UMP Contracting, UMP data analytics, etc.
• Act as strategic partner for COE leaders to implement organizational priorities across the CSUs
• Maintain an in depth understanding of COE functions and capabilities, proactive suggest ways that COE processes and technology can be implemented into CSU core functions
• Be the point person for the COE on matters that impact CSU financials, and likewise communicate to the COE leaders for CSU clinical initiatives that will impact University academic finances

Required Qualifications:

• BA/BS degree with ten or more years of experience in a comparably large and complex healthcare or academic organization, including management or supervisory experience.
• Excellent leadership skills with the ability to foster a professional and positive working environment.
• Excellent communication and interpersonal skills with the ability to prioritize, negotiate, and work with a variety of internal/external stakeholders in a highly collaborative manner.
• Demonstrated ability and experience in leading and implementing process improvement.
• Ability to translate financial concepts to and effectively collaborate with programmatic colleagues who may not have financial backgrounds.
• A successful track record in setting priorities and demonstrating keen analytic, organizational and problem solving skills to support and enable sound decision making.
• Excellent technical skills with high proficiency in the analytical application of relevant computer software packages (e.g. Excel, Access, and BI).
• Demonstrated ability and experience developing, supporting and implementing financial improvement initiatives.

Preferred Qualifications:

• Advanced degree or certification.
• Extensive knowledge and experience in the financial management of a Medical School and/or health care organization or physician group.
• Knowledge of managing and implementing physician compensation plans, and analyzing physician and Principal Investigator productivity.
• Experience in the financial management of research grants, philanthropic accounts, and clinical trials.
• Extensive experience in short-term and long-term financial business planning and contracting.
• Management experience requiring executive level interaction.
• Leading teams in a hybrid remote-work environment.

Committed to innovation and diversity, the Medical School educates physicians, scientists, and health professionals; generates knowledge and treatments; and cares for patients and communities with compassion and respect. We value excellence, inclusiveness, collaboration, and discovery.

The mission of the regional campus located in Duluth is to be a national leader in improving healthcare access and outcomes in rural Minnesota and American Indian/Alaska Native (AI/AN) communities. In partnership with CentraCare, the regional campus in St. Cloud offers a wide range of patient experiences throughout students' education in Greater Minnesota and prepares them to become exceptional clinicians and leaders for rural and immigrant populations.

Founded in 1888, the University of Minnesota Medical School has three campuses. A four-year MD program and the MD/PhD program are located on the Twin Cities campus in addition to MD programs at regional campuses in Duluth and St. Cloud.

Pay Range: $165,000 - $180,000; depending on education/qualifications/experience

Time Appointment Category: 100% Appointment

Position Type: Faculty and P&A Staff

Please visit the Office of Human Resources website for more information regarding benefit eligibility.

The University offers a comprehensive benefits package that includes:

• Competitive wages, paid holidays, and generous time off
• Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program
• Low-cost medical, dental, and pharmacy plans
• Healthcare and dependent care flexible spending accounts
• University HSA contributions
• Disability and employer-paid life insurance
• Employee wellbeing program
• Excellent retirement plans with employer contribution
• Public Service Loan Forgiveness (PSLF) opportunity
• Financial counseling services
• Employee Assistance Program with eight sessions of counseling at no cost
• Employee Transit Pass with free or reduced rates in the Twin Cities metro area

Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will be given the opportunity to complete an online application for the position and attach a cover letter and resume.

Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section.

To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-8647.

The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds.

The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: http://diversity.umn.edu

Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment.

The University of Minnesota, Twin Cities (UMTC)

The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.

At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022).