Job ID: 48361 Location: Morrisville, NC Facility/Division: Health Alliance Status: Full Time Shift: Day Job
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Become part of an inclusive organization with over 40,000 diverse employees, whose mission is to improve the health and well-being of the unique communities we serve.
The Health Alliance is UNC Health’s statewide clinically integrated network and population health services organization. The mission of this team is to transform healthcare delivery on behalf of more than 7,200 physicians by offering patient-centered solutions to populations covered under alternative payment models. Joining this team means you will work closely with physicians, practices, payers, business leaders, and community partners to improve the quality and accessibility of care while lowering the cost of care for patients, payers, and businesses. We are a growing team looking for top talent to help us with creative solutions that improve patient care and help make healthcare more affordable.
The Director Health Alliance Finance is a key member of the organization’s finance team, and provides day to day oversight for operational and strategic finance functions for UNC Health Alliance, UNC Health’s Clinically Integrated Network, Accountable Care Organization and Population Health Services Organization. Position is responsible for providing financial leadership and ensuring critical business functions are executed in accordance with system policies and standard accounting best practices. The position is also responsible for communicating key financial information to Health Alliance leadership and supporting other directors in the proficient management of their teams finances. The position is critical for strategic finance as it relates to modeling performance in Health Alliance’s Alternative Payment Model portfolio, interpreting impact of macroeconomic factors on Value and collaborating with other operational leaders in identifying opportunities for improved performance and executing on strategy to achieve those goals. This position reports to the Vice President and CFO of Health Alliance Finance and will provide day to day support to entity leaders and management where/when assigned.
Responsibilities: 1. Financial Leadership - Develops, evaluates, monitors and communicates financial objectives and metrics ensuring consistency and alignment with overall strategic goals and objectives. Supports senior management in the planning and implementation of new strategies and services that support the Health Alliance mission to deliver high quality, cost effective care and develop and expand a sustainable Value Contract Portfolio. Accountable for executing on the production of the annual operating budgets and producing monthly financial statements including analyses showing results in comparison to budget, historical performance and identifying trends. Serves as key advisor on financial management including revenue enhancement, contract performance improvement, and cost controls. Position is also accountable for proforma modeling for staffing, projecting, monitoring, and reporting on performance of Health Alliance Value Based contracts, and for ensuring timely and efficient operationalization of performance incentive distributions. Directly involved in interpreting macroeconomic factors within the healthcare landscape that affect Value-based care, and help ground Health Alliance strategy in fiscal feasibility. Will serve as lead staff for Payer Strategy and Finance board committee as well as the lead for the Health Alliance Finance workgroup.
2. Leading Change – Initiates and managed the change process, taking steps to remove barriers and accelerate the pace of change. Communicates a vision and need for change that generates excitement and enthusiasm, and commitment to the process, clearly communicates the direction, required performance, and challenges of change to all involved parties. Identifies and enlists the support of key individuals and groups to move the change forward. Obtains and provide resources to implement change initiatives. Serves as a role model by demonstrating commitment to innovation and continuous improvement in organizational performance.
3. Leading People - Leads people toward meeting the organization's vision, mission, and goals. Provides an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. Encourages workforce engagement by building a commitment to excellence and by promoting the organization's vision internally and externally. Delegates’ responsibility, clarifies expectations and holds others accountable for achieving results related to their area of responsibility. Leads in a deliberate and predictable way and operates with transparency. Treats sensitive or confidential information appropriately. Develops the ability of others to perform and contribute to the organization by providing ongoing feedback and by providing opportunities to learn through formal and informal methods. Manages and resolves conflicts and disagreements in a constructive manner.
4. Results Driven - Exceeds organizational goals and customer expectations. Makes decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. Holds self and others accountable for measurable high-quality, timely, and cost-effective results. Delivers high-quality services and is committed to continuous improvement. Fosters a culture of safe and compassionate patient care. Makes well-informed, timely decisions, even when data are limited or solutions produce unfavorable results. Positions the organization for success by identifying new opportunities and builds the organization by developing and improving services. Leads the budgeting process. Uses cost-benefit thinking to set priorities, monitors expenditures in support of programs and policies, and identifies cost-effective approaches. Provides active leadership for the financial improvement of health system entities in partnership with the President/CEO, local leadership team and UNC Health Finance.
Education Requirements: - Bachelor's degree in Business, Accounting, Finance or related field; Master’s Degree Preferred. Licensure/Certification Requirements: - No license or certification required; preference given to applicants with CPA licensure Professional Experience Requirements: - Ten (10) years of progressive healthcare, financial management and/or accounting experience, ideally gained in a multi-hospital system with at least five (5) years of management experience. Knowledge/Skills/and Abilities Requirements:
Knowledge of finance, accounting, budgeting, patient financial services, cost control principles including Generally Accepted Accounting Principles and governmental accounting and financial reporting standards.
Knowledge of automated financial and accounting reporting systems.
Knowledge of federal and state financial regulations.
Ability to analyze financial data and prepare financial reports, statements and projections.
Working knowledge of short and long term budgeting and forecasting.
Work requires professional written and verbal communication and interpersonal skills.
Ability to motivate teams to produce quality materials within tight time frames and simultaneously manage several projects.
Ability to participate in and facilitate group meetings.
Ability to make effective presentations and handle challenging questions.
Understands and applies principles, procedures, requirements, regulations, and policies related to specialized expertise.
Understanding and/or experience in value based care or value based contracting strongly preferred
Legal Employer: NCHEALTH
Entity: Health Alliance
Organization Unit: HA Central Administration
Work Type: Full Time
Standard Hours Per Week: 40.00
Work Schedule: Day Job
Location of Job: US:NC:Morrisville
Exempt From Overtime: Exempt: Yes
Qualified applicants will be considered without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
UNC Health makes reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as applicants and employees with disabilities. All interested applicants are invited to apply for career opportunities. Please email email@example.com if you need a reasonable accommodation to search and/or to apply for a career opportunity.
This position is employed by NC Health (Rex Healthcare, Inc., d/b/a NC Health), a private, fully-owned subsidiary of UNC Health Care System, in a department that provides shared services to operations across UNC Health Care. This is not a State employed position.
UNC Health is an integrated health care system owned by the state of North Carolina and based in Chapel Hill. UNC Health is committed to empowering health, not just health care. From Magnet recognition to being named one of America's Best Employers by Forbes Magazine, we're proud to say that our hard work is consistently recognized, awarded, and celebrated.
UNC Health and our 40,000 employees, continue to serve as North Carolina’s Health Care System, caring for patients from all 100 counties and beyond our borders. We continue to leverage the world class research conducted in the UNC School of Medicine, translating that innovation to life-saving and life-changing therapies, procedures, and techniques for the patients who rely on us.