Financial Affairs Manager

WHY UT SOUTHWESTERN?
With over 75 years of excellence in Dallas-Fort Worth, Texas, UT Southwestern is committed to excellence, innovation, teamwork, and compassion. As a world-renowned medical and research center, we strive to provide the best possible care, resources, and benefits for our valued employees. Ranked as the number 1 hospital in Dallas-Fort Worth according to U.S. News & World Report, we invest in you with opportunities for career growth and development to align with your future goals. Our highly competitive benefits package offers healthcare, PTO and paid holidays, on-site childcare, wage, merit increases and so much more. We invite you to be a part of the UT Southwestern team where you'll discover a culture of teamwork, professionalism, and a rewarding career!

JOB SUMMARY
We are seeking a financial leader with a profound understanding of healthcare finance is required to oversee the Clinical, Research and Education Finance operations team within the Department of Cardiovascular and Thoracic Surgery. This role holds significant responsibility for directing outward and inward facing department functions in the creation of comprehensive medical group / department budgets that fuel the growth of our clinical, research, and education initiatives. A key focus will be on leveraging in-depth analysis of benchmarks, financial trends, and variances, coupled with a thorough evaluation of business practices, to directly shape strategic decisions and contribute to the formulation of impactful business plans. This leader will drive the team to establish standardized processes for generating insightful monthly tracking and budget reports, ensuring seamless integration with the annual budget process. This position will oversee the financial integrity of clinical trials through management of invoicing, sourcing, and closeout procedures. The ideal candidate will also possess the vision to explore and implement A.I. solutions to strengthen financial analysis and generate accurate and reliable financial projections within clinical finance. This role will also play a vital part in the financial planning and justification of strategic capital requests and revenue cycle operations for hospital and clinic advancements. Please note that this position does not offer H1B visa sponsorship. Selected candidate must reside in the Dallas/Ft. Worth Metroplex or be willing to relocate. This position is eligible for a hybrid work schedule.

BENEFITS
UT Southwestern is proud to offer a competitive and comprehensive benefits package to eligible employees. Our benefits are designed to support your overall wellbeing, and include:

• PPO medical plan, available day one at no cost for full-time employee-only coverage
• 100% coverage for preventive healthcare-no copay
• Paid Time Off, available day one
• Retirement Programs through the Teacher Retirement System of Texas (TRS)
• Paid Parental Leave Benefit
• Wellness programs
• Tuition Reimbursement
• Public Service Loan Forgiveness (PSLF) Qualified Employer
• Learn more about these and other UTSW employee benefits!

EXPERIENCE AND EDUCATION
Required

• Education
  Bachelor's Degree in Business or other related field.

• Experience
  5 years of related experience in financial or accounting positions and 2 years of supervisory experience.
  May consider additional years of experience in lieu of degree.

Preferred

• Education

Master's Degree Business.

• Experience

Experience in healthcare finance.

JOB DUTIES

• Plans, organizes, directs, and coordinates financial operation of department, including financial planning, budgeting, billing, and accounting functions. Oversees establishment of department accounting procedures.
• Constructs projections of department income and expenses, prepares yearly budgets for department, and provides regular financial reports to Chairman regarding department's financial status.
• Interprets policies and regulations concerning department's financial activities, including university policies and procedures and Federal and State agency guidelines.
• Directs and develops written justification to support budget proposals, expenditure items, and financial policy matters.
• Directs, manages, and supervises department's billing office. Develops and modifies patient billing procedures to allow optimum income generation. Assists in negotiation and establishment of contractual arrangements for professional services. Serves as primary liaison between department and MSRDP. Serves as departmental representative on appropriate committees and meetings.
• Develops and implements regular reporting and management level presentations to administration and faculty in department. Coordinates distribution and analysis of revenue and expenditure reports, develops presentations for department and faculty regarding clinical earning and distributions, and assists department faculty in understanding impact of financial data.
• Coordinates processes for reviewing, analyzing, and establishing fee schedules for department and its divisions. Assists Chairman with establishment of department incentive system and oversees its maintenance.
• Designs, executes, and maintains effective system of internal controls which provides reasonable assurance that operations are effective and efficient, assets are safeguarded, and financial information is reliable.
• Ensures compliance with applicable laws, regulations, policies, and procedures.
• Performs other duties as assigned.

SECURITY AND EEO STATEMENT
Security
This position is security-sensitive and subject to Texas Education Code 51.215, which authorizes UT Southwestern to obtain criminal history record information. To the extent this position requires the holder to research, work on, or have access to critical infrastructure as defined in Section 113.001(2) of the Texas Business and Commerce Code, the ability to maintain the security or integrity of the critical infrastructure is a minimum qualification to be hired and to continue to be employed in the position.

EEO Statement
UT Southwestern Medical Center is committed to an educational and working environment that provides equal opportunity to all members of the University community. As an equal opportunity employer, UT Southwestern prohibits unlawful discrimination, including discrimination on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, gender expression, age, disability, genetic information, citizenship status, or veteran status.

UT Southwestern is proud to offer a competitive and comprehensive benefits package to eligible employees. Our benefits are designed to support your overall wellbeing, and include:
• PPO medical plan, available day one at no cost for full-time employee-only coverage
• 100% coverage for preventive healthcare - no copay
• Paid Time Off, available day one
• Retirement Programs through the Teacher Retirement System of Texas (TRS)
• Paid Parental Leave Benefit
• Wellness programs
• Tuition Reimbursement
• Public Service Loan Forgiveness (PSLF) Qualified Employer
• Learn more about these and other UTSW employee benefits!