Advisor-Financial Expert
Indiana University Health
Overview
Advisor-Financial Expert - Medical Group
Our leaders shape strategic initiatives, develop passionate teams, and work to improve health outcomes. They advance our mission and exemplify excellence, compassion, teamwork and purpose in all that they do . Indiana University Health is seeking individuals who embody these values to join our CFO Regional team in the role of Financial Expert Advisor.
Job Description
Has matrixed management responsibilities with the central pool of analysts managed by the Directors of Finance in Financial Services. Creates executive-level reporting packages to communicate financial or other information for the Medical Group on costs, prices, expenses, revenues, and various clinical and operational measures to make recommendations to senior management. Analyzes diverse sets of data, including financial, operational, clinical, and economic, to support strategic and operational decisions. Advises business units of financial performance and impact of decisions and thinks broadly to other downstream outcomes from changes. Serves as a trusted financial resource to operational leaders of the unit, providing financial reporting and analysis, expense management, operational improvement, and the evaluation of growth opportunities. Combines strong relationships, analysis, and risk-conscious planning to ensure that the unit's plan is realized. Interfaces with both leadership and front-line team members to execute organizational development strategies and drive change initiatives across the unit. Partners with leadership team(s) to lead and direct both the long-range financial planning process and the annual budget process, including both operating and capital. Analyze complex financial data to drive operation improvement and/or subject matter expert knowledge in one or more key financial subject areas. Accountable for accurate volume and expense planning as known at the time in assigned areas to support regional leaders in being able to hit goals. Requires the ability to promote teamwork and develop team members without having direct reports - leading through influence.
Key Relationships
Reports to : Vice President-Chief Financial Officer-IU Health Medical Group
Candidate Qualifications
Candidates for the position will be evaluated according to the following criteria and competencies.
Bachelor's Degree is required.
Requires 7-10 years of relevant experience.
Requires knowledge of state and national regulatory agency guidelines and/or a working knowledge of Generally Accepted Accounting Principles (GAAP) and/or other industry standard guidelines.
Requires experience successfully interacting with all levels of leadership.
Requires experience implementing large scale process improvement initiatives that drive measurable business results.
Indiana University Health is unlike any other healthcare system, and we're looking for team members who share the things that matter most to us. IU Health leaders play a crucial role in advancing the mission of our organization and inspiring teams to make a meaningful difference in the lives of patients. As one of Indiana's largest employers and the most comprehensive medical system in the state, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation's healthiest states.
IU Health is the largest health system in Indiana with nearly 40,000 team members, 15 hospitals, and $8.64 billion in operating revenue. The system's programs in cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplants have received national recognition for quality patient care. IU Health, in partnership with the Indiana University School of Medicine, bring together highly skilled physicians, researchers, and educators into close collaboration to provide world-class care for children and adults and improve the health of patients and communities across Indiana.
Indiana University Health is dedicated to a fair hiring process and is committed to equal opportunity and nondiscrimination for all individuals, regardless of age, color, disability, ethnicity, marital status, national origin, race, religion, gender identity, expression, sexual orientation, or veteran status.
$49k - $60k
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