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Executive Director, Finance-UCR Health

University of California Riverside - Riverside, CA

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Job Description

Executive Director, Finance-UCR HealthJob ID:Location: Main Campus - UCRSchedule: 8AM - 5PMCategory: HealthcareSalary: $0 - $0Full/Part Time: Full-time(100%)Organization: UCR HealthDepartment: Timothy CollinsApplication Deadline: Open Until FilledPosition Information:UCR Health is launching a 10-year, multi-phase expansion of its clinical network to address the healthcare needs of Inland Southern California while strengthening the clinical, educational, and research missions of UC Riverside and the UCR School of Medicine. This expansion demonstrates our commitment to building a high-performing, academically affiliated health system that provides equitable, accessible, and community-focused care.If you are a Financial leader and interested in a growing career opportunity, UCR Health is seeking an experienced Executive Director of Finance to lead and direct accounting and financial operations in collaboration with UCR Health leadership, campus, and UCOP. Responsibilities will include developing, and maintaining accounting systems and controls, strategic planning with senior leaders, representing the clinical enterprise in systemwide meetings and discussions. Partnering with the CEO and other senior leaders in making final decisions for the organization will also be critical as well as ensuring achievement of objectives.This position is currently under review and is being considered at job code/job title: 005631 - ACCOUNTING MGR 3 HC. If approved the full salary range for this position is: $161,500 - $326,300 annually. However, the expected pay scale for this position is up to $275,000 annually. We base salary offers on a variety of considerations, such as education, licensure and certifications, relevant experience, and other business and organizational needs.Applicants must have current work authorization when accepting a UCR staff position. Currently, we are unable to sponsor or take over sponsorship of an employment Visa for staff.As a University employee, you will be required to comply with all applicable University policies and/or collective bargaining agreements, as may be amended from time to time. Federal, state, or local government directives may impose additional requirements.Requirements:RequirementsEducational RequirementsBachelors degree in related area and / or equivalent experience / training.RequiredAdvanced degree in related area and / or equivalent experience / training.PreferredExperience Requirements10-15 years of related experience in a healthcare organizationRequiredPrevious supervisory experienceRequiredSpecial ConditionsSpecialExercise the utmost discretion in managing sensitive information learned in the course of performing their duties. Sensitive information includes but is not limited to employee and student records, health and patient records, financial data, strategic plans, proprietary information, and any other sensitive or non-public information learned during the course and scope of employment. Understands that sensitive information should be shared on a limited basis and actively takes steps to limit access to sensitive information to individuals who have legitimate business need to know. Ensure that sensitive information is properly safeguarded. Follow all organizational policies and laws on data protection and privacy. This includes secure handling of physical and digital records and proper usage of IT systems to prevent data leaks. The unauthorized or improper disclosure of confidential work-related information obtained from any source on any work-related matter is a violation of these expectations.RequiredMinimum RequirementsHighly advanced knowledge of finance and accounting in an academic medical center, hospital system, or public accounting with healthcare clientsHighly advanced knowledge of regulatory compliance requirements.Highly advanced problem solving and analytical skills.Highly advanced interpersonal skills to work effectively across all levels of the organizationAdvanced skills in identifying process improvements and leading successful change management.Advanced management and leadership skills.Highly developed judgment, decision-making, and critical thinking skills.Current knowledge of accounting best practices.Highly developed verbal and written communication skills.Additional Information:Additional InformationIn the Heart of Inland Southern California, UC Riverside is located on nearly 1,200 acres near Box Springs Mountain in Southern California; the park-like campus provides convenient access to the vibrant and growing Inland region. The campus is a living laboratory for the exploration of issues critical to growing communities' air, water, energy, transportation, politics, the arts, history, and culture. UCR gives every student, faculty and staff member the resources to explore, engage, imagine and excel.UC Riverside is recognized as one of the most ethnically diverse research universities in the country boasting several key rankings of which we are extremely proud.UC Riverside is proud to be ranked No. 12 among all U.S. universities, according to Money Magazine's 2020 rankings, and among the top 1 percent of universities worldwide, according to the 2019-20 Center for World University rankings.UC Riverside is the top university in the United States for social mobility. - U.S. News 2020UCR is a member of the University Innovation Alliance, the leading national coalition of public research universities committed to improving student success for low-income, first-generation, and students of color.Among top-tier universities, UC Riverside ranks No. 2 in financial aid. - Business Insider 2019Ranked No. 2 in the world for research, UCR's Department of Entomology maintains one of the largest collections of insect specimens the nation. - Center for World University RankingsUCR's distinguished faculty boasts 2 Nobel Laureates, and 13 members of the National Academies of Science and Medicine.The University of California is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or other protected categories under state or federal law. It is the policy of the University of California to undertake affirmative action and anti-discrimination efforts, consistent with its obligations as a Federal and State contractor.For information about our generous employee benefits package, visit: Employee Benefits OverviewJob Description Details:Job Description DetailsGeneral InformationJob TitleUNCLASSIFIED Job Code009999 GradeBYA Department HeadTimothy Collins SupervisorTimothy CollinsPositions Directly SupervisedJob CodeTitleFTE006619REVENUE CYCLE HC SUPV 21007709FINANCIAL ANL 32Department Custom ScopeDirects accounting and financial operations for UCR Health in collaboration with leadership, campus, and UCOP. Develops and maintains accounting systems and controls. Participates in strategic planning with senior leaders. Represents the clinical enterprise in systemwide meetings and discussions. Makes final decisions for the organization and ensures achievement of objectives.Key Responsibilities:Key Responsibilities DescriptionPercent TimeLeads continuous review of processes and procedures. Recommends process and policy changes as necessary to improve performance.Makes recommendations on financial policies, systems and controls that allow clinical departments to achieve its financial and budgetary goals and objectives. Drafts new policies as needed to help continue to develop a solid operational foundation. Ensures modeling projects are conducted in accordance with established policies, regulatory guidance and generally accepted mathematical modeling practices.Develops and leads communication methods to adequately and properly consult and inform Chairs about new policies, processes and/or business models, prior to execution. Generates support from constituents through collaboration and relationship-building. Administers and leads annual calls as needed, including the IEHP call. Also manages the administration of the ProFee revenue and relevant overhead assessments. Ensures all financial activities within UCR Health, are coordinated and in alignment with Dean's office objectives and practices.15%Educates managers on accounting policies and procedures. Works collaboratively with finance managers and departments to support financial operations.Collaborates with UCR SOM Finance to support fiscal administration and integrity of Clinical Services. Develops the annual budget for UCR Health, and business proformas in partnership with Clinical FAO's, and establishes long-range projections and financial plans.Ensures proper patient charge capture, billing, coding, and reconciliation systems for Clinical Services. Develops long-range strategies and resolve complex issues that cross functional areas, while providing the guidance and expertise needed to effectively implement changes in a way that optimizes resource utilization and minimizes risk.15%Represents clinical enterprise at system-wide meetings and serves on committees.Represents UCR Health on internal and external workgroups, committees, and task forces. Forms and leads workgroups as needed to resolve problems and/or develop new processes. Escalates critical issues to the UCR Health CEO. Provides organized and thorough recommendations to leadership for strategic decision-making. Encapsulates analytic findings into executive-level summary documents to support senior management decision-making.Develops meaningful financial reports, physician dashboards, and other reports required for management decision support.10%Establishes monthly close schedule. Develops monthly financial reporting package with financial statements, key risk areas and statistics. compliance with internal policies and controls for general ledger transactions.Oversees the preparation and accuracy of monthly, quarterly and annual financial statements and reports. Effectively gathers, monitors, and analyzes financial data essential to contract development; serves as the business point of contact for the financials associated with contracts (e.g., payer, purchasing, PSA's) and provides the financial rationale supporting decisions to sign or not to sign. Ensures that UCR Health provider lists are accurate, and monitors utilization, denials, financial impact, and other key metrics. Reviews costs and performs cost benefit analysis related to clinical projects and/or programs. Oversees the administration and renewals of Third Party Payer Contracts; facilitates the administration of all other clinical revenue Professional Service. Ensures fiscal responsibility in financial expenditure processing; resolves sensitive expenditure conflicts. Work closely with the Director of Contracts in the timely updates and execution of all Payer contracts throughout the year..Collaborates with departmental administrators to interpret monthly reports and recommends appropriate actions.10%Leads reviews of risk areas including revenue accounting, recharges and recoveries.Leads the financial enterprise for UCR Health. Provides oversight, vision and guidance to the revenue cycle, clinical financial reporting, and clinical financial analytics units. Ensures collaborative operations within the units where the financial operations units work cooperatively and cohesively. Performs complex analysis and recommendations on special projects.10%Provides direction to subordinate managers on setting goals and objectives, performance management, and career development. Oversees human resources activities and resolves issues.5%Oversees accounting and financial reporting for joint ventures and other external affiliations.5%Oversees year-end external audit. Oversees quarterly and annual regulatory reporting. May direct external reporting for organization5%Establishes department productivity goals and objectives. Reviews department productivity compared to defined standards.5%Partners with IT on accounting and financial information system upgrades and enhancements to improve transaction and reporting capabilities.5%Manages, develops, and monitors financial and internal controls to guard clinical enterprise financial resources.5%Supervises the construction of complex forecasting models, which directly support critical decision making processes such as financial planning and long-term business plan pro-formas. Identifies key performance indicators and benchmark information to be measured and monitored. Oversees creation and generation of financial monitoring/variance operating budgets and reports in general to ensure progress toward achievement of financial and budgetary goals. Identifies potential problem areas and proactively addresses. Involved in strategic planning and develops and maintains forecasting models for capital and operating budgets. Develops business plans, financial models associated with existing and new programs, services, and strategic initiatives, facilitating timely and fiscally responsive execution.5%Oversees management of health sciences incentive payouts and stipends, including verification of supporting calculations and analysis. Oversees collection of accounts receivables and monitors patient income. Oversees payment of accounts payable, reimbursements, cost transfers, etc. for UCR Health.5%To apply, visit 2025 Inc. All rights reserved.Posted by the FREE value-added recruitment advertising agencyjeid-676dd53c6982134e8769de3a97c2a7a5 #J-18808-Ljbffr

Created: 2025-10-06

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