MUSC Health – Deputy Chief Financial Officer
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Job Description Summary: The Deputy CFO is the senior executive responsible for operational financial performance across the health system. This role serves as a key strategic partner to executive and operational leadership across the health system. This role provides financial stewardship, advanced decision support, and strategic insight to drive system-wide performance, growth, and long-term sustainability. The Deputy CFO will oversee and manage strategic ventures (MS/MSV) and vendor partnerships, population health, decision support and costing, the annual operating budget, proforma management and cost validation, performance improvements, and shared responsibility for the market CFO’s and the system’s continuous operational improvements.
Responsibilities
- The role is responsible for performance management, operational oversight, execution infrastructure and cross‑functional coordination of MUSC Health’s strategic investment portfolio.
- In partnership with finance, operations, legal, strategy and integration teams, the Deputy CFO establishes governance, tracks impact, ensures appropriate resource allocation and drives accountability across the full life cycle of strategic ventures, including monthly operating reviews and specific performance improvement plans.
- The Deputy CFO assists with managing investment funds and partners with External Affairs, Supply Chain, IT and Operations to manage, support and prioritise strategic vendor relationships, evaluating outsourced services, technology platforms and supply chain strategies from a financial perspective.
- Leads financial review, contract negotiations, pricing strategy, and ROI evaluation for key vendor relationships while optimising strategic vendor performance, cost‑saving initiatives and strategic sourcing decisions.
- Oversees the creation and review of financial pro‑formas for all major initiatives, capital projects, service expansions and business plans, ensuring pro‑forma analyses incorporate accurate volume assumptions, reimbursement methodologies, cost structures and ROI metrics.
- Leads the system’s decision‑support function, including cost accounting, service line profitability analyses and contribution margin reporting.
- Partners with service‑line and hospital executives to translate operational strategies into financial outcomes, monitor and interpret key performance indicators (KPIs) to identify opportunities for margin improvement, operational efficiencies and resource optimisation, and provides actionable insights for revenue enhancement, cost containment and productivity improvement.
- Drives standardisation of financial processes, reporting and analytical methodologies across the health system.
- Supports the entire finance team as well as executive leadership and contributes to sustainable growth, disciplined execution and alignment with organisational objectives.
Qualifications
- Finance or Accounting degree; Master’s degree in Business Administration, Finance, Healthcare Administration or related field.
- Minimum of 10 years of healthcare finance experience, with prior experience in large‑scale health systems or organisations with $5B+ revenue preferred.
- Proven leadership in financial planning, venture oversight and operational finance.
- CFA or CPAs with additional certification such as CHFP strongly preferred.
- Prior division/hospital CFO experience in acute care, physician practice or academic health system preferred.
- Knowledge of Generally Accepted Accounting Principles and governmental regulations with strong analytical and strategic planning leadership.
- Advanced financial modelling, due diligence and analytical capabilities.
- Strong knowledge of healthcare investment models (JVs, affiliations, subsidiaries).
- Exceptional communication and stakeholder management skills.
- Minimum Requirements: Bachelor’s Degree or equivalent and 10 years of progressive experience including 8 years in management/leadership roles.
Job Information
- Seniority level: Executive
- Employment type: Full‑time
- Job function: Finance and Sales
- Industries: Hospitals and Health Care
- Employee type: Regular
- Schedule: 40 hours per week
- Work shift: Day
EEO Statement
Medical University of South Carolina is an Equal Opportunity Employer. MUSC does not discriminate on the basis of race, color, religion or belief, age, sex, national origin, gender identity, sexual orientation, disability, protected veteran status, family or parental status, or any other status protected by state laws and/or federal regulations. All qualified applicants are encouraged to apply and will receive consideration for employment based upon applicable qualifications, merit and business need.
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