University of Maryland, Baltimore (UMB)
Director, Finance for a Clinical Department
University of Maryland, Baltimore (UMB), Baltimore, Maryland, United States, 21276
Job Description
The Department of Psychiatry - Financial Management with the University of Maryland School of Medicine (UMSOM) has an exciting opportunity for a Director, Finance for a Clinical Department. The Department of Psychiatry has a tripartite mission of Clinical, Education, and Research agendas, serving our surrounding community and the State of Maryland, and providing expertise at a national and international level. Benefits Information: UMB offers a comprehensive benefits package that prioritizes wellness, work/life balance, and professional development, along with additional exciting perks that employees can take advantage of. Primary Duties
Provide strategic direction and leadership for the control of a clinical department’s financial operations through the development, enhancement, and guidance of its various functions and staff members. Direct the management of complex funding and service agreements, patient billing and managed care contracts. Provide general direction and leadership for all aspects of the financial functions within a clinical department in order to maintain their efficient operation. Direct the income of the department and divisions and its programs, including coordinating payments from different budget sources, as well as managing the purchasing of supplies and other expenses. Maintain financial management systems and internal controls required to ensure that the clinical department commitment, operating, and cash management accounts are safeguarded and that accounts are appropriately maintained in order to ensure accurate financial data. Direct the budgeting and financial reporting including tracking of all financial transactions, reporting transactions to external agencies for department, and providing detailed financial plans to the department head. Direct payroll and fringe benefits systems which may include the coordination and processing of multi employment entities (UMB, UMMS, UPI, private practice, and VA). Ensure efficient recruitment/interviewing and training functions to continually review strengths and weaknesses in maintaining a staff of well-trained, highly involved, and motivated employees. Develop, direct, and implement critical clinical financial path activities and projects to ensure efficient and effective processes and practices. Partner with management on a regular basis in setting strategic goals and objectives and budgets, and/or in fostering improvements in policies/procedures for the entire clinical department. Prepares operating and project budget drafts and monitors departmental budgets and reports any significant deviations from approved budgets. Monitor and oversee all clinical department asset and liability accounts; ensure proper accounting methodology, techniques, and policies are adopted in departmental operations. Improve business with constraint analysis, target costing, capital budgeting, and cost of quality analysis. Performs other duties as assigned. Requirements
Bachelor’s degree in Accounting, Finance, Business Administration and/or related field. Master's in related field preferred. Seven (7) years spent progressively building a background in the financial and business operations of a clinical departmental or clinical office. Five (5) years of direct management involved in recruitment, training, and professional development of staff. Certification/Licensure: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Financial Manager (CFM), or Certified Internal Auditor (CIA) preferred. Thorough knowledge of position requirements. Thorough knowledge of all applicable requirements, regulations, and laws. Skill in effective use of applicable technology/systems. Ability to effectively communicate both verbal and written thoughts, ideas, and facts. UMB is committed to cultivating a diverse and inclusive workforce and is proud to be an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, ancestry or national origin, sex, pregnancy or related conditions, sexual orientation, gender identity or expression, genetic information, physical or mental disability, marital status, protected veteran's status, or any other legally protected classification. The University of Maryland, Baltimore prohibits sex discrimination in any education program or activity that it operates. Individuals may report concerns or questions to the Title IX Coordinator.
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The Department of Psychiatry - Financial Management with the University of Maryland School of Medicine (UMSOM) has an exciting opportunity for a Director, Finance for a Clinical Department. The Department of Psychiatry has a tripartite mission of Clinical, Education, and Research agendas, serving our surrounding community and the State of Maryland, and providing expertise at a national and international level. Benefits Information: UMB offers a comprehensive benefits package that prioritizes wellness, work/life balance, and professional development, along with additional exciting perks that employees can take advantage of. Primary Duties
Provide strategic direction and leadership for the control of a clinical department’s financial operations through the development, enhancement, and guidance of its various functions and staff members. Direct the management of complex funding and service agreements, patient billing and managed care contracts. Provide general direction and leadership for all aspects of the financial functions within a clinical department in order to maintain their efficient operation. Direct the income of the department and divisions and its programs, including coordinating payments from different budget sources, as well as managing the purchasing of supplies and other expenses. Maintain financial management systems and internal controls required to ensure that the clinical department commitment, operating, and cash management accounts are safeguarded and that accounts are appropriately maintained in order to ensure accurate financial data. Direct the budgeting and financial reporting including tracking of all financial transactions, reporting transactions to external agencies for department, and providing detailed financial plans to the department head. Direct payroll and fringe benefits systems which may include the coordination and processing of multi employment entities (UMB, UMMS, UPI, private practice, and VA). Ensure efficient recruitment/interviewing and training functions to continually review strengths and weaknesses in maintaining a staff of well-trained, highly involved, and motivated employees. Develop, direct, and implement critical clinical financial path activities and projects to ensure efficient and effective processes and practices. Partner with management on a regular basis in setting strategic goals and objectives and budgets, and/or in fostering improvements in policies/procedures for the entire clinical department. Prepares operating and project budget drafts and monitors departmental budgets and reports any significant deviations from approved budgets. Monitor and oversee all clinical department asset and liability accounts; ensure proper accounting methodology, techniques, and policies are adopted in departmental operations. Improve business with constraint analysis, target costing, capital budgeting, and cost of quality analysis. Performs other duties as assigned. Requirements
Bachelor’s degree in Accounting, Finance, Business Administration and/or related field. Master's in related field preferred. Seven (7) years spent progressively building a background in the financial and business operations of a clinical departmental or clinical office. Five (5) years of direct management involved in recruitment, training, and professional development of staff. Certification/Licensure: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Financial Manager (CFM), or Certified Internal Auditor (CIA) preferred. Thorough knowledge of position requirements. Thorough knowledge of all applicable requirements, regulations, and laws. Skill in effective use of applicable technology/systems. Ability to effectively communicate both verbal and written thoughts, ideas, and facts. UMB is committed to cultivating a diverse and inclusive workforce and is proud to be an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, ancestry or national origin, sex, pregnancy or related conditions, sexual orientation, gender identity or expression, genetic information, physical or mental disability, marital status, protected veteran's status, or any other legally protected classification. The University of Maryland, Baltimore prohibits sex discrimination in any education program or activity that it operates. Individuals may report concerns or questions to the Title IX Coordinator.
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