Director, Long Range Financial Planning
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The Director of Long-Range Planning supports University of Iowa Health Cares strategic and financial planning efforts through multi-year forecasting and long-term financial analysis. This role provides data-driven insights to inform decisions related to capital investments incorporating service line growth market changes and industry revenue and expense changes. The position combines financial modeling strategic planning and collaboration across departments to support the organizations long-term goals. The role reports to the Assistant Chief Financial Officer and requires close collaboration with Finance and Accounting Services leadership.
Position Responsibilities:
Financial Oversight and Budgeting
Develop and maintain multi-year financial forecasts that align with strategic goals incorporating key assumptions related to volume reimbursement expenses and capital investments.
Collaborate with finance and operational leaders to integrate long-range planning into the annual budgeting process ensuring alignment between short-term budgets and long-term financial strategies.
Provide financial modeling and scenario analysis to support decision-making on major initiatives including capital projects service line expansions and strategic partnerships.
Financial Reporting
Prepare and present long-range financial reports and forecasts to executive leadership highlighting key trends risks and opportunities.
Develop and maintain standardized reporting tools and dashboards to support strategic decision-making and monitor financial performance over time.
Ensure consistency and accuracy in financial reporting by collaborating with accounting budgeting and operational teams to validate data and assumptions.
Financial Analysis and Planning
Lead the development of long-term financial models to evaluate the impact of strategic initiatives market trends and operational changes on the organizations financial position.
Conduct in-depth financial analyses to support strategic planning including cost-benefit assessments return on investment (ROI) evaluations and sensitivity analyses.
Monitor key financial and operational metrics to identify trends risks and opportunities and provide actionable insights to senior leadership.
Leadership and Training
Provide leadership and mentorship to capital budget staff fostering professional development and promoting a culture of continuous improvement.
Lead cross-functional planning initiatives by collaborating with clinical operational and administrative leaders to align financial strategies with organizational goals.
Develop and deliver training and guidance on long-range financial planning tools methodologies and best practices to internal stakeholders.
Required Qualifications:
Masters degree in Accounting Finance or related field or the equivalent combination of education and experience.
7 years of progressive health care financial planning and analysis experience
Advanced proficiency in financial modeling forecasting and analytical skills
Demonstrated proficiency in complex financial and statistical analysis and presentation.
Deep understanding of healthcare financial operations including revenue cycle management regulatory compliance reimbursement models and performance metrics.
Excellent written and verbal communication skills.
Demonstrated proficiency in computer software applications.
Demonstrated ability to resolve problems and develop operational solutions.
Demonstrated ability to develop and manage a high performing and collaborative team
Demonstrated experience working effectively in a welcoming and respectful workplace environment.
Desired Qualifications:
Relevant experience in an academic medical center or complex health care system
Knowledge of University of Iowa financial and operational policies and procedures
Application Process:To be considered applicants must uploada cover letter and resume(under the submission of relevant materials)that clearly address how they meet the listed required and desired qualifications of this position. Job openings are posted for a minimum of7calendar days. Successful candidates will be required to self-disclose any conviction history and will be subject to a criminal background check and credential/education verification.
Up to 5 professional references will be requested at a later step in the recruitment process. For questions contact Sharon Walther at.
This position is not eligible for University sponsorship for employment authorization now or in the future.
Application Process:To be considered applicants must uploada cover letter and resume(under the submission of relevant materials)that clearly address how they meet the listed required and desired qualifications of this position. Job openings are posted for a minimum of7calendar days. Successful candidates will be required to self-disclose any conviction history and will be subject to a criminal background check and credential/education verification.
Up to 5 professional references will be requested at a later step in the recruitment process. For questions contact Sharon Walther at.
This position is not eligible for University sponsorship for employment authorization now or in the future.
Required Experience:
Director
Key Skills
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About Company
The University of Iowa is a top-tier public research university in Iowa City—home to more than 32,000 students, offering world-class programs across 200+ fields of study, renowned especially for its creative writing, acclaimed medical center, and balanced excellence in the arts and sc ... View more
