Executive Advisor, Health Funds Flow - 137681

Reassignment Applicants : Eligible Reassignment clients should contact their Disability Counselor for assistance.

DESCRIPTION

The Executive Advisor, Health System Funds Flow provides financial guidance, advising and decision making on behalf of Health leadership (generally defined as Finance Chief of Staff, Associate Chief Financial Officers, or Chief Financial Officer), relative to new and existing funds flow structures and financial arrangements between the health system entities and School of Medicine. The Executive Advisor will review existing funds flow structures and agreements, identify adjustments to be considered in the annual budget process, and will be responsible for documenting and managing the Memorandums of Understanding between the Health System and School of Medicine. The Executive Advisor will collaborate with financial leadership to development short and long-range financial projections these financial arrangements, as well as support the analytics and development of communication materials to facilitate discussions on changes to the arrangements. As funds flows are deeply intertwined with operations, the Executive Advisor may also lead an independent program and / or manage professional staff engaged across various administrative functions to support initiatives related to funds flow .

The Executive Advisor will serve as a technical leader with a high degree of knowledge in the overall field and recognized expertise in specific areas; problem-solving frequently requires analysis of unique issues / problems without precedent and / or structure. May manage programs that include formulating strategies and administering policies, processes, and resources; functions with a high degree of autonomy.

The Executive Advisor serves as key financial advisor in initiating and developing new financial arrangements between the Health System and Health Sciences, long- and short-range financial impact analysis, and innovative initiatives. Makes recommendations to the Finance Chief of Staff regarding official commitments and broadly represents the Finance Chief of Staff's interests across the organization. Responds to issues with little or no precedence. May manage and administer independent programs, typically with organization-wide impact. May advise professional staff handling diverse administrative functions such as human resources and budgetary planning. Uses advanced concepts and organizational objectives to resolve highly complex issues. Regularly works on highly complex issues or problems which require analysis of unique issues / problems without precedent and / or structure. Exercises a high level of judgment in selecting methods, techniques and evaluation criteria for obtaining results.

Key Responsibilities :

• Collaborates to achieve solutions with high level stakeholders such as School of Medicine Business Officers, faculty leaders, committee chairs, senior administrators and other UC locations to develop solutions to complex problems; provides briefings on key issues.
• Represents the Chief of Staff on high-level task forces and long- and short-range financial planning groups.
• Establishes collaborative partnerships with School of Medicine Business Officers across all departments, and operational and administrative leadership across the Health System.
• Handles highly complex and critical projects and leads projects of significance requiring facilitation and collaboration with representation across organizational functions.
• Provides high level analyses on a broad range of issues, including new financial arrangements.
• Acculturates new leaders in financial structures, methodologies, resources, tools, and processes.
• Participates in the development of the annual funds flow budget to Health Sciences as an advisor; determining expense priorities, recommending and implementing changes to methods, unit planning, staffing, programs and other financial activities.
• Provides a framework for changes to financial structures and funds flows, develops strategies for change management to remove barriers and achieve goals.
• Stays well-informed and keeps abreast of key healthcare trends and regulatory changes impacting financials, as well as current issues in higher education to inform the Chief of Staff and leadership with broad perspective across the organization.
• Initiates and designs studies, summary reports and background materials including approaches, trends, sources and uses, etc., that have a significant impact on individual or multiple departments.
• Administers small to mid-level independent program(s), typically with broad and / or organization-wide impact.
• Other duties as assigned.

MINIMUM QUALIFICATIONS

Bachelor's degree and five or more years of relevant experience, or equivalent combination of experience, education and training.

Senior level finance or strategy experience within healthcare or academic medical center.

Substantial experience overseeing and / or negotiating financial arrangements / professional services agreements between physicians and health system.

Successful experience working with confidential and sensitive matters.

Solid business acumen and analytical skills, including an understanding of academic medicine, demonstrated experience developing and implementing operating plans, analyzing financial and quality data.

Ability to accomplish results and effectively integrate functions with business plans.

Consistently demonstrates and encourages a commitment to quality, customer-oriented, productivity and continuous improvement.

Demonstrates a leadership style that builds and maintains a climate of trust and inspires commitment from others to achieve organization goals. Ability to remain professional and calm under pressure.

Consistently interacts with all members of the organization in ways that enhance understanding, respect, cooperation and problem solving.

Outstanding communication skills and high emotional intelligence. Ability to develop and maintain critical relationships across a diverse population.

Recognizes the need for change; adapts to, and causes others to adapt to values, strategies, goals and plans in response to changing business conditions. Proven strategic thinking and implementation skills required. Able and willing to solve problems from various points of view and make difficult decisions.

PREFERRED QUALIFICATIONS

Advanced degree in relevant field of study.

Ten or more years of relevant experience involving funds flow within a complex academic health system.

SPECIAL CONDITIONS

Pay Transparency Act

Annual Full Pay Range : $132,600 - $259,800 (will be prorated if the appointment percentage is less than 100%)

Hourly Equivalent : $63.51 - $124.43

Factors in determining the appropriate compensation for a role include experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. The Hiring Pay Scale referenced in the job posting is the budgeted salary or hourly range that the University reasonably expects to pay for this position. The Annual Full Pay Range may be broader than what the University anticipates to pay for this position, based on internal equity, budget, and collective bargaining agreements (when applicable).