Senior Director, Finance and Business Operations

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Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.Job SummaryPurpose of PositionTo manage the administrative and financial activities of a major academic, research and/or patient care unit with general authority to approve business transactions and administrative policies and procedures.Organizational RelationshipsReports directly to the Michigan Medicine, Chief Nurse and Operations Executive.Direction is received from the Chief Nurse and Operations Executive. The Director of Finance and Business Operations works with the Chief Nursing Officers to formulate financial frameworks and administrative policies, as well as, educate and consult with Associate Chief Nursing Officers, Departmental Administrative Directors and Nursing Senior Directors, Clinical Nursing Directors and staff to effectively administer policies and procedures. Collaborates with Michigan Medicine Senior Leadership, Segment Triads, Associate Chief Financial Officers, Clinical Nursing Directors, Departmental Directors, and Staff, Central Finance, Purchasing and clinical and hospital departments to address financial and facilities issues and other improvement opportunities.Supervision is exercised over the Nursing Business Office.Responsibilities*Management Responsibilities Work with the Chief Nurse and Operations Executive to develop, manage and oversee the financial and business operations of the Nursing Services, Care, Respiratory Care and Social Work business units. Manage and oversee the preparation of the operating budget for the units referenced above, and build team consensus regarding controls to operate within budgetary constraints.Monitor business operations through review of periodic and special reports.Manage the preparation of financial and administrative reports with full responsibility for policy interpretation and statistical analyses.Oversee, in a coordinating and consultative capacity, the business and support services of Nursing Services and areas reporting to the Chief Nurse and Operations Executive.Oversee and coordinate the preparation of major acquisition or program proposals for business units reporting to the Chief Nurse and Operations Executive. Foster collaboration between Nursing Services, Care Management, Respiratory Care, and Social Work to identify and implement business process improvements to improve system-wide throughput and clinical care. Participate with executive, administrative and/or clinical leadership in the planning and implementation of strategic initiatives, policy sessions, operations research/evaluations and/or other service activities that have institutional impact.Coordinate the acquisition and allocation of capital equipment for Nursing Services, Care Management, Respiratory Care and Social Work with Segment Leadership.Develop and implement administrative policies and procedures for Nursing Services.Represent Chief Nurse and Operations Executive on institutional committees such as the Space Committee and Hospital Clinical Capital. Prepare costing estimates and serve as a consultant during MNA labor negotiations.Oversee the annual Internal Controls and space programs set out by the Institution.Represent the business units detailed above to administrators and others with general authority to make commitments on administrative/financial policies and procedures.Review and recommend staffing models for departments.Recommend commodity budget allocation and expenditures.Advise management regarding unit finances, reports and other business activities.Collaborate with operational leadership for employee conflicts and grievances.Effectively meet the institutional goals and objectives and meets all timelines for reporting.Educate Michigan Medicine Nursing Leadership and staff on related financial processes and practices.Effectively demonstrate all leadership competencies required by Michigan Medicine.Effectively manage the financial office to ensure compliance with all University and regulatory agency requirements.Demonstrate behaviors compliant with Michigan Medicine values, goals, policies and procedures and affirmative action policies.Professional DevelopmentActively participates in the performance planning, competency, and individual development planning process.Attends relevant competency training, staff development in services and conferences to maintain and improve knowledge base, competency and skills.Keeps records and documented evidence of attendance.Required Qualifications*Education:Master's Degree in Business/Health Administration or equivalent is necessary.Experience:At least 5-10 years of progressive administrative experience in health care is necessary.Skills/Abilities:Demonstrated expertise in accounting is necessary, with a background in finance, preferred.Experience in the financial management of Nursing Services is desirable.Excellent interpersonal skills with the ability to exercise discretion in matters of a confidential and sensitive nature is essential.Excellent problem-solving and conflict resolution skills, as demonstrated by the ability to work effectively with individuals and/or teams, across disciplines, is essential.Excellent communication skills, as demonstrated in oral and written forms is necessary.Working knowledge of University and departmental policies, rules and regulations is desirable.Some knowledge of the principles and applications of information technology is desirable.Knowledge of Michigan Medicine Clinical Enterprise structure and Capital processes is desirable.Note: Required qualifications must be met by the candidate in order to be interviewed and considered for the position.Why Join Michigan Medicine?Michigan Medicine is one of the largest health care complexes in the world and has been the site of many groundbreaking medical and technological advancements since the opening of the U-M Medical School in 1850. Michigan Medicine is comprised of over 30,000 employees and our vision is to attract, inspire, and develop outstanding people in medicine, sciences, and healthcare to become one of the world's most distinguished academic health systems. In some way, great or small, every person here helps to advance this world-class institution. Work at Michigan Medicine and become a victor for the greater good.What Benefits Can You Look Forward to?Comprehensive benefits plan options, with excellent medical, dental and vision coverage effective on your very first dayGenerous 2-to-1 Employer Match on retirement savings and immediate vestingPaid Time OffTuition ReimbursementHealth Savings Accounts / Flexible Spending AccountsHealth and Wellness incentivesWork-Life Programs - to strengthen a workplace culture that supports personal and family life, including child care, elder care, lactation resources, and flexible work arrangementsFree access to LinkedIn Learning which offers more than 20,000 high quality, on-demand courses available at any timeMore Reasons to "GO BLUE!"University of Michigan Health named to the nation's Honor Roll of Best Hospitals by U.S. News & World Report for 2026-27 as one of the nation?s top 20 hospitals and highest-ranked hospital in MichiganRated among Top 25 Universities in the World by Times Higher Education for 2026 University of Michigan Health named one of the World's Best Hospitals in 2026, and #12 in the United States, by Newsweek and StatistaMichigan Medicine rated #15 Best Employer for New Grads 2026 by Forbes University of Michigan was recognized in Crain's 2025 Best Places to Work in Southeast MichiganUniversity of Michigan was recognized as one of America's Best Employers For Company Culture 2025 by ForbesMichigan Medicine C.S. Mott Children's was recognized as one of America's Best Children's Hospitals for 2025 by Newsweek and StatistaUniversity of Michigan Health-Michigan Medicine earned Top 25 Environmental Excellence award from Practice Greenhealth for 2025 & 2026University of Michigan rated #3 U.S. Public University for 2025 by U.S. News & World ReportMichigan Medicine named one of the Best and Brightest Companies to Work For in metropolitan Detroit in 2024 by the National Association for Business ResourcesNationally Recognized for work/life effectiveness by WorldatWorkModes of WorkPositions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes.Background ScreeningMichigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.Application DeadlineJob openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled any time after the minimum posting period has ended.U-M EEO StatementThe University of Michigan is an Equal Opportunity Employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, including protected veterans and individuals with disabilities.Job Opening ID280984Working TitleSenior Director, Finance and Business OperationsJob TitleFinancial Director HlthWork LocationMichigan Medicine - Ann ArborAnn Arbor, MIModes of WorkHybridFull/Part TimeFull-TimeRegular/TemporaryRegularFLSA StatusExemptOrganizational GroupUm HospitalDepartmentMM Nsg OH CNOEPosting Begin/End Date7/30/2026 - 8/13/2026Career InterestFinance