University of Utah University of Utah Health Associate Vice President for Finance and Chief Financial Officer in Salt Lake City, Utah
Open Date 03/06/2019
Requisition Number PRN19826B
Job Title Associate Vice President
Working Title University of Utah Health Associate Vice President for Finance and Chief Financial Officer
Job Grade EXE
FLSA Code Executive
Patient Sensitive Job Code? No
Standard Hours per Week 40
Full Time or Part Time? Full Time
Work Schedule Summary
Business hours, with extra effort as required.
VP Area U of U Health - Academics
Department 00193 - Office of SR VP Health Sci
City Salt Lake City, UT
Type of Recruitment External Posting
Pay Rate Range Commensurate with experience
Open Until Filled Yes
The Associate Vice President for Finance and Chief Financial Officer (AVP/CFO) is an experienced academic
finance executive who will play a critical role in the ability of the University of Utah Health (U of U Health) to
achieve its innovative vision by providing strategic and technically expert financial analyses and the creative
solutions to make that vision a reality. The successful candidate will be responsible for not only monitoring and
evaluating the financial performance of the organization and its operations through metrics and financial
measures, but will also work closely with the U of U Health’s executive management team and the Board of
Trustees to accomplish financial goals and to maximize financial resources from use of efficient internal and
external financing strategies and operational efficiencies of the many U of U Health business and university
departmental based units. TheAVP/CFO, in coordination with other unit leaders, will help identify opportunities
for performance improvement and will provide the tools needed to measure performance accurately.
- Embrace U of U Health’s mission and culture
- Be a visible and engaged leader of U of U Health
- Ensure honest, ethical, and professional behavior in all activities, programs, and services
- Be an effective executive on theSVPHSleadership team
- View financial management activities as components of the institution’s comprehensive strategy
- Work collaboratively and effectively with the other U of U financial leaders
- Oversee the work of academic, entity-specific financial officers and others, as assigned
- Bring diverse constituencies and teams together in pursuit of common goals; possess the interpersonal skills
required to do so
- Participate in policy and legislative initiatives that impact U of U Health’s mission, competitive position, and
- Develop and maintain relationships with key members of the audit/financial/investment community to
improve U of U Health’s future opportunities
- Promote and support U of U Health’s programs to enhance the diversity of the workforce and improve the overall education and understanding of all employees
Capital Formation and Resource Allocation
- Develop and maintain long range financial plans for U of U Health, in coordination with the broader university goals.
- Develop and implement long and short-term financial strategies and policies
- Rationalize and organize resources for worthy but resource-competitive priorities
- Recommend capital expenditures and participate in the capital planning, budgeting, and approval process
- Develop the plan/strategy to form sufficient capital resources for future growth requirements (i.e., inclusive
of academic and clinical needs)
- Oversee treasury functions (in coordination with university leadership)
- Manage U of U Health’s banking and investment relationships and work closely with bond rating agencies (all in coordination with university leadership)
- Organize, interpret and present relevant financial data, including identification of significant success or problems to theCEOand key leaders
- Provide analysis on local, regional, and national trends and business conditions and the implication for program and facility planning
- Direct the review, analysis, and interpretation of all financial and budget reports
- Provide expert insight into the analysis of data and the implications of those analyses on short and long term success
- Identify emerging risks and opportunities to U of U Health; initiate action to ensure the financial strength of the institution
- Provide staff leadership to key committees
- Grow and develop the finance talent pool to achieve greater capacity and depth
- Align financial reporting within U of U Health and the university
- Evaluate and improve financial operations and related policies to ensure that they support an integrated approach to service delivery
Audit and Controls
- Coordinate and partner with finance peers on internal and external audit functions
- Develop and maintain U of U Health’s internal controls, accounting operations, policies, practices, procedures, and systems (synchronous with university practice and policy)
7+ years of experience in senior finance executive roles – With experience across the full finance continuum: accounting, capital/operating budgets, finance, FP&A,
contracting, revenue cycle, reimbursement, Medicare cost accounting, state/regulatory reporting, cash management, investments and debt financing
7+ years of experience within a complex, matrixed academic healthcare environment –
Knowledge of university and departmental based financial structures/reporting; preferably, at a minimum, one-third
of experience would be at a health sciences or “corporate” level.
Financial accountability for greater than $500M in revenue
Experience utilizing sophisticated financial modeling and advanced data analytics to inform institutional decisions
Experience leading the implementation and management of superior financial management processes and systems (e.g.,ERP, cost accounting)
Experience interfacing with external stakeholders to issue debt and fund major projects/strategies
Experience with philanthropic fundraising
A bachelor’s degree is required – Preferably in Accounting. AnMBAwith a degree in Accounting and/orCPAis highly desired.
Type Benefited Staff
Special Instructions Summary
Please email resumes to:
The University of Utah is an Affirmative Action/Equal Opportunity employer and is committed to diversity in its workforce. In compliance with applicable federal and state laws, University of Utah policy of equal employment opportunity prohibits discrimination on the basis of race or ethnicity, religion, color, national origin, sex, age, sexual orientation, gender identity/expression, veteran’s status, status as a qualified person with a disability, or genetic information. Individuals from historically underrepresented groups, such as minorities, women, qualified persons with disabilities, and protected veterans are strongly encouraged to apply. Veterans’ preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law.
To inquire about this posting, email: email@example.com or call 801-581-2300. Reasonable accommodations in the application process will be provided to qualified individuals with disabilities. To request an accommodation or for further information about University AA/EO policies, please contact the Office of Equal Opportunity and Affirmative Action, 201 S. Presidents Cr., Rm 135, (801) 581-8365 (V/ TDD ), email: firstname.lastname@example.org .
The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS’ post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.
This position may require the successful completion of a criminal background check and/or drug screen.
The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with priorURSservice, may elect to enroll inURSif they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits fromURSare subject to URS’ post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.This position may require the successful completion of a criminal background check and/or drug screen.