Financial Affairs Manager, Department of Cardiovascular and Thoracic Surgery

The University of Texas Southwestern Medical Center; Dallas (TX); Hybrid; USD 90,000 - 130,000; Full time

Job summary

The University of Texas Southwestern Medical Center is seeking a Financial Affairs Manager for the Department of Cardiovascular and Thoracic Surgery. This pivotal role involves overseeing finance operations and developing budgets, making it essential for the growth of clinical and educational missions. Ideal candidates are seasoned in healthcare finance with a strategic mindset, capable of enhancing financial analysis through innovative solutions.

Benefits

PPO medical plan, available day one

Paid Time Off, available day one

Retirement Programs through the Teacher Retirement System of Texas

Paid Parental Leave Benefit

Wellness programs

Tuition Reimbursement

Qualifications

• 5 years of related experience in financial or accounting positions.
• 2 years of supervisory experience.
• Experience in healthcare finance preferred.

Responsibilities

• Oversee financial operations including planning, budgeting, and reporting.
• Manage departmental income and expenses, prepare yearly budgets.
• Ensure compliance with policies and regulations.

Skills

Leadership

Financial Analysis

Budget Management

Healthcare Finance

Education

Bachelor's Degree in Business or related field

Master's Degree in Business

Job description

Job Description - Financial Affairs Manager, Department of Cardiovascular and Thoracic Surgery (250000EJ)

Job Description

Financial Affairs Manager, Department of Cardiovascular and Thoracic Surgery - ( 250000EJ )

Description

WHY UT SOUTHWESTERN?
With over 75 years of excellence in Dallas-Fort Worth, Texas, UT Southwestern is committed to excellence, innovation, teamwork, and compassion. As a world-renowned medical and research center, we strive to provide the best possible care, resources, and benefits for our valued employees. Ranked as the number 1 hospital in Dallas-Fort Worth according to U.S. News & World Report , we invest in you with opportunities for career growth and development to align with your future goals. Our highly competitive benefits package offers healthcare, PTO and paid holidays, on-site childcare, wage, merit increases and so much more. We invite you to be a part of the UT Southwestern team where you'll discover a culture of teamwork, professionalism, and a rewarding career!

JOB SUMMARY
We are seeking an accomplished financial leader with deep expertise in healthcare finance to oversee the Clinical, Research, and Education Finance operations within the Department of Cardiovascular and Thoracic Surgery. This pivotal role is responsible for guiding both internal and external departmental financial functions, with a focus on developing comprehensive budgets that support the growth of our clinical, research, and educational missions. The ideal candidate will bring a strategic mindset, leveraging detailed analyses of financial benchmarks, trends, and variances, along with a critical evaluation of business practices, to inform high-impact decisions and shape robust business plans. A key responsibility will be to lead the development of standardized processes for monthly financial tracking and reporting, ensuring alignment with the annual budgeting cycle. This role also includes oversight of the financial management of clinical trials, including invoicing, sourcing, and closeout procedures, to ensure fiscal integrity. Additionally, the successful candidate will have the foresight to explore and implement AI-driven solutions to enhance financial analysis and deliver accurate, data-informed projections within clinical finance. This position plays a vital role in strategic financial planning, including the justification of capital investments and the optimization of revenue cycle operations across hospital and clinic settings. Please note that this position does not offer H1B visa sponsorship. Selected candidate must reside in the Dallas/Ft. Worth Metroplex or be willing to relocate. This position is eligible for a hybrid work schedule.

BENEFITS
UT Southwestern is proud to offer a competitive and comprehensive benefits package to eligible employees. Our benefits are designed to support your overall wellbeing, and include:

• PPO medical plan, available day one at no cost for full-time employee-only coverage
• Paid Time Off, available day one
• Retirement Programs through the Teacher Retirement System of Texas (TRS)
• Paid Parental Leave Benefit
• Wellness programs
• Tuition Reimbursement
• Public Service Loan Forgiveness (PSLF) Qualified Employer
• Education
  Bachelor's Degree in Business or other related field.
• Experience
  5 years of related experience in financial or accounting positions and2 years of supervisory experience.
  May consider additional years of experience in lieu of degree.

Preferred

• Education

Master's Degree Business.

• Experience

Experience in healthcare finance.

JOB DUTIES

• Plans, organizes, directs, and coordinates financial operation of department, including financial planning, budgeting, billing, and accounting functions. Oversees establishment of department accounting procedures.
• Constructs projections of department income and expenses, prepares yearly budgets for department, and provides regular financial reports to Chairman regarding department's financial status.
• Interprets policies and regulations concerning department's financial activities, including university policies and procedures and Federal and State agency guidelines.
• Directs and develops written justification to support budget proposals, expenditure items, and financial policy matters.
• Directs, manages, and supervises department's billing office. Develops and modifies patient billing procedures to allow optimum income generation. Assists in negotiation and establishment of contractual arrangements for professional services. Serves as primary liaison between department and MSRDP. Serves as departmental representative on appropriate committees and meetings.
• Develops and implements regular reporting and management level presentations to administration and faculty in department. Coordinates distribution and analysis of revenue and expenditure reports, develops presentations for department and faculty regarding clinical earning and distributions, and assists department faculty in understanding impact of financial data.
• Coordinates processes for reviewing, analyzing, and establishing fee schedules for department and its divisions. Assists Chairman with establishment of department incentive system and oversees its maintenance.
• Designs, executes, and maintains effective system of internal controls which provides reasonable assurance that operations are effective and efficient, assets are safeguarded, and financial information is reliable.
• Ensures compliance with applicable laws, regulations, policies, and procedures.
• Performs other duties as assigned.

SECURITY AND EEO STATEMENT
Security
This position is security-sensitive and subject to Texas Education Code 51.215, which authorizes UT Southwestern to obtain criminal history record information. To the extent this position requires the holder to research, work on, or have access to critical infrastructure as defined in Section 113.001(2) of the Texas Business and Commerce Code, the ability to maintain the security or integrity of the critical infrastructure is a minimum qualification to be hired and to continue to be employed in the position.

EEO Statement
UT Southwestern Medical Center is committed to an educational and working environment that provides equal opportunity to all members of the University community. As an equal opportunity employer, UT Southwestern prohibits unlawful discrimination, including discrimination on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, gender expression, age, disability, genetic information, citizenship status, or veteran status.

UT Southwestern Medical Center is committed to an educational and working environment that provides equal opportunity to all members of the University community. In accordance with federal and state law, the University prohibits unlawful discrimination, including harassment, on the basis of: race; color; religion; national origin; gender, including sexual harassment; age; disability; citizenship; and veteran status. In addition, it is UT Southwestern policy to prohibit discrimination on the basis of sexual orientation, gender identity, or gender expression.

Copyright 2017.The University of Texas Southwestern Medical Center5323 Harry Hines Blvd., Dallas, Texas 75390Phone [phone]