Finance Program Director
DescriptionUniversity of Colorado | CU Anschutz Medical Campus
School of Medicine, Department of Emergency Medicine
Finance Program Director (Revenue Cycle Program Director)
Position Number: 728789, Req #19610
The University of Colorado | Anschutz Medical Campus is currently seeking applications for a Finance Program Director. This is a full-time, University Staff (non-classified) position, will be responsible for managing the financial operations of the Department of Emergency Medicine, this includes: budget preparation, construction, forecasting, financial planning and analysis, and process improvement within the scope of budget and finance. This Program Director role will provide high quality, creative, and solutions oriented financial support, as well as make recommendations at the strategic and operational levels to the Chair and Vice Chair of Finance and Administration. Additionally, this position will compile, review and prepare financial information in order to assess whether revenues and expenses are on target to meet budget forecasts for the Department. In collaboration with the Chair and Vice Chair of Finance and Administration, this role will also utilize this information in order to develop and implement financial, accounting and strategic objectives that will promote the growth and advancement of the Department and University of Colorado.Using available resources, this position will investigate discrepancies and incorporate feedback to ensure accurate financial reporting. This position will also verify transactions and details posted to the General Ledger (GL), and will oversee the development of the annual budget, as well as conduct other budget proposals and analyses as requested. In addition, the Finance/Clinical Revenue Cycle Program Director will act as a delegate for the Director of Finance and Administration and will advocate for the Department of Emergency Medicine’s needs and goals in budget/finance, payroll and other negotiations with the School of Medicine, University, Hospitals and UPI. This position will be faced with multiple priorities, as well as difficult situations, and will be required to be flexible, adaptive, and able to articulate thoughts and explanations to those with varying levels of understanding in finance and budgeting. Professional FieldAdministration, Accounting, FinanceSupervision ReceivedThis position will report directly to the Vice Chair of Finance and Administration or designee.Supervisory AuthorityThe Finance Program Director will act as a work lead for the finance team which includes revenue cycle, procurement, and financial reporting.Examples of Work PerformedFinance Management:
- Manages the financial operations of the Department of Emergency Medicine.
- Develops and implements strategic financial objectives that will promote the growth and advancement of the Department and University, while also ensuring compliance with University, UPI and State guidelines.
- Leads the development of Department polices in order to ensure compliance with University, UPI and State guidelines.
- Ensures budget projections accurately reflect the financial activities of the Department and prepares budget/reporting tools for internal and external constituents.
- Responsible for budget preparation, construction, forecasting, financial planning and analysis, and process improvement within the scope of budget and finance.
- Compiles, reviews and prepares financial information in order to assess whether revenues and expenses are on target to meet budget forecasts for the department.
- Prepares regular financial reporting for the Director and Chair.
- Manages financial contracting for the Department.
- Manages all accounting and financial transactions, including but not limited to: Purchase Orders, Payment Vouchers, IN’s and Reimbursement requests for the department.
- Ensures the propriety of all transactions in accordance with State, University, UPI and UCH rules and regulations.
- Manages and supports a broad spectrum of analytical and modeling efforts, including:
- Modeling, researching, and analyzing underpinning current programs and emerging program opportunities.
- Contributing to the buildout of multi-year financial models and new executive financial reporting.
- Forecasting and regularly updating expectations on the college’s financial position, including: tuition adjustments, new programs, new revenue models, changes within key expense categories, etc.
- Leading the design and development of standardized operational, management, and ad hoc reports, and working with the campus community to understand reporting needs and identify potential college-wide solutions.
- Manages daily operations for the Department of Emergency Medicine, including providing work direction and guidance for customer services and support personnel.
- Reconciles financials from multiple entities (UPI, UCD and DHHA); creates and maintains one consolidated budget, vs actual database, for all department accounts on a monthly basis.
- Manages the preparation of, and develops annual budgets for UCH, UPI and the Department and oversees execution throughout the year.
- Manages and directs the department’s four incentive plans, including the monthly collection of all faculty data regarding individual performance, calculations, and distribution of payments per CU Medicine and Department guidelines.
- Manage all service agreements in the department. Reviews agreements for cost effectiveness and develops budgets to ensure cost reimbursement exceeds costs for all agreement. Negotiates with sponsors for budget consideration.
- Develops, operates and oversees reporting for the department.
- Partners with key faculty and assists with budgeting for new programs and initiatives.
- Develops departmental tax allocation process on all clinical and contract income.
- Manages equipment and space inventories for the department.
- Serves as Requestor in CU Marketplace.
- Sets reimbursement policy for the department faculty and staff. Oversees and manages reimbursement requests for all faculty/staff and develops training program to best inform faculty/staff.
- Serves as the departmental Approving Official (AO) for all procurement activities.
- Manages all procurement and travel card transaction activity. Develops, implements and educates others about the departmental policy on the use of university credit cards.
- Serves as the subject-matter expert for Scope of Work transactions and acts as a work lead for all department personnel under the Chair and Vice Chair of Finance and Administration.
- Prepares cost studies for all service center accounts and conducts cost-benefit analysis to determine the best allocation methodology for overhead costs.
- Oversees all payroll activities including additional pay processes, funding distribution and payroll reconciliation
- Partners with the Director of Research in order to prepare, review and approve budgets.
- Coordinates with the Research Services Senior Professional on department grants, contracts, proposals and rewards.
- Prepares periodic reports for the advising chair, Vice Chair of Finance and Administration and SOM related to the status of department grants and awards.
- Acts as a backup for proposal development as part of pre- and post-award activities.
- Develops and manages a contract requesting process in the department and determines the administrative cost for each contract utilizing managerial accounting techniques.
- Partners with the Vice Chair of Finance and Administration in order to support optimum patient flow and cycle times.
- Analyzes staffing mix to meet department needs.
- Tracks the flow of patient billing through University Physicians Inc.
- Works with the Vice Chair of Finance and Administration to manage clinical FTE for all faculty.
- Utilizes and integrates data from multiple financial clinical and financial databases and software applications.
- Provides leadership and support for revenue cycle operations to enhance the patient experience and improve operational and financial performance.
- Manages patient services and/or coding functions to ensure performance and workflow metrics are met.
- Performs other duties as assigned.
The salary range for this position begins at $ 74,060 and is commensurate will skills and experienceThis position is not eligible for overtime compensation.Your total compensation goes beyond the number on your paycheck. The University of Colorado provides generous leave, health plans and retirement contributions that add to your bottom line.
Total Compensation Calculator: http://www.cu.edu/node/153125Diversity and Equity:
The University will provide reasonable accommodations to applicants with disabilities throughout the employment application process. To request an accommodation pursuant to the Americans with Disabilities Act, please contact the Human Resources ADA Coordinator at [email protected] The University of Colorado Denver | Anschutz Medical Campus is committed to recruiting and supporting a diverse student body, faculty and administrative staff. The university strives to promote a culture of inclusiveness, respect, communication and understanding. We encourage applications from women, ethnic minorities, persons with disabilities and all veterans. The University of Colorado is committed to diversity and equality in education and employment.The University of Colorado Denver | Anschutz Medical Campus is dedicated to ensuring a safe and secure environment for our faculty, staff, students and visitors. To assist in achieving that goal, we conduct background investigations for all prospective employees.
- Bachelor’s degree from an accredited college or university in accounting, business administration, finance, or other closely related field.
- This position requires progressively responsible, diverse and extensive experience in accounting and/or financial management.
- Master’s degree in business, accounting, or a related field from an accredited college or university.
- Experience working with Microsoft Office Products, including: Word, Access, Outlook, and Excel.
- Experience with fund accounting.
- Experience working with standard accounting policies and procedures.
- Higher education accounting experience.
- Higher education budget management, modeling and forecasting experience.
- Experience with contract and grant administration.
- Experience working with clinical data.
- Ability to work with a diverse group and competing interests.
- Ability to tolerate a high degree of ambiguity yet work effectively to fulfill the mission, goals and objectives of the department.
- Knowledge of standard accounting practices.
- Knowledge of fund accounting.
- Excellent interpersonal skills and the ability to communicate effectively, in both written and verbal format, with a variety of people, including faculty and administrators, staff and affiliates.
- Ability to work independently, exercise sound judgment, identify and set priorities for self and others, and meet deadlines in a fast-paced work environment.
- Excellent time management and organization skills.
- Ability to effectively explain processes and procedures.
- Strong analytical skills.
- Excellent attention to detail.
- Ability to represent the University in a professional manner with tact and diplomacy.
- Strong commitment to the team approach.
- Ability to understand complex systems and guide other personnel with regard to their use.
- Demonstrate professionalism, strong work ethic and commitment to high standards.
- Strong financial management and the ability to manage funds from a variety of sources.
- Solid understanding of budget development and management.
- Ability to evaluate, analyze and interpret vast amounts of data, recommend solutions and implement the preferred course of action.
- High degree of technical skills in fiscal management, and knowledge of accounting and business practices, including accounting software packages.
- Knowledge of various CU, UPI, UCH and University policies, rules and regulations pertaining to financial matters.
Job Category: Finance and Accounting
Primary Location: Aurora
Posting Date: Nov 19, 2020
Unposting Date: Ongoing