Director, Finance

Discover Vanderbilt University Medical Center:  Located in Nashville, Tennessee, and operating at a global crossroads of teaching, discovery, and patient care, VUMC is a community of individuals who come to work each day with the simple aim of changing the world. It is a place where your expertise will be valued, your knowledge expanded, and your abilities challenged. Vanderbilt Health is committed to an environment where everyone has the chance to thrive and where your uniqueness is sought and celebrated. It is a place where employees know they are part of something that is bigger than themselves, take exceptional pride in their work and never settle for what was good enough yesterday. Vanderbilt’s mission is to advance health and wellness through preeminent programs in patient care, education, and research.

Organization:

Finance Academic Enterprise

Job Summary:

Job Summary:
Vanderbilt Health - Executive Search Team is conducting a national search for a Director of Finance.

The Director will provide overall leadership for a unit or department by developing goals, objectives, policies, and procedures; supervising, coordinating, and evaluating the activities; preparing operating and capital expenditure budgets; and performing personnel administration functions. Director of Financial Planning and Analysis, including serving as a liaison between Central Finance and the Clinical Department.

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Key Responsibilities:

Planning cycles:

• Compile and consolidate Forecasts
• Assist with monthly Recruitment planning submissions and monthly approval
• Own department support, track spending, and commitments.
• Budget – Coordinate with department and divisions to consolidate and enter to Adaptive Budget system
  • Confirm Labor is assigned appropriately across entities. 
  • Collaborate with Office of Sponsored Programs to appropriately project and analyze Sponsored Grants. 
  • Align Professional Revenue and related volumes (OR cases, Visits, etc.).
  • All other related budget projects
• Long range planning
• General ledger structure changes for Divisions and Department

Monthly and Quarterly Reporting and Analysis:

• Compensation Plans – understand to apply to analysis and planning cycles and knowledgeable of Salary and Benchmark Reporting; FMV Physician Compensation
• Funds Flow – understand and support calculations as needed and communicate quarterly updates with the department.
• Professional Revenue allocations:   understand and coordinate with Senior Revenue Cycle Advisors and Department on changes and updates.  Attend monthly Bill Area Steering Committee meeting and support topics related to Department.
• Review and analysis of monthly financial metrics/KPIs and reporting; includes reporting to leadership
• Support for monthly and quarterly Board packages: 
• Month-end close:  Responsible for all reporting and variance explanations to include journal entry review

Other:

• Special Projects supporting executive leadership, Core Finance, and Medical Center Operations

Qualifications:

• Bachelor’s Degree & 7 years of relevant experience

Preferred Qualifications:

• Academic Medical Center Central Finance Experience
• CPA License
• Advanced Schooling (MBA, MHA, Accounting, Finance) & 10 years of relevant experience
• Experience with Epic Professional Revenue, Sponsored Grants and Contracts
• Project Management

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Our professional administrative functions include critical supporting roles in information technology and informatics, finance, administration, legal and community affairs, human resources, communications and marketing, development, facilities, and many more.

At our growing health system, we support each other and encourage excellence among all who are part of our workforce. High-achieving employees stay at Vanderbilt Health for professional growth, appreciation of benefits, and a sense of community and purpose.

Core Accountabilities:

* Organizational Impact: Implements strategies for a sub function with direct impact to the function results.* Problem Solving/ Complexity of work: Resolves highly complex business issues that are often unprecedented that have immediate impact on own sub-function or entity and wider implications to the organization. * Breadth of Knowledge: Applies expertise within professional/technical area and uses advanced business knowledge to develop objectives.* Team Interaction: Leads a sub-function serving the organization at large or across one or more entity(s).

Core Capabilities<