Duke University Health System (DUHS) Job Descriptions
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SR DIR, FINANCE AND DECISION SUPPORT
Job Title: SR DIR, FINANCE AND DECISION SUPPORT
Job Code: 5238
FLSA: E
Job Level: J2
Revised Date: 06/01/2015
Supervisory Responsibility: Yes
General Description of the Job Class
Responsible for the routine financial reporting, operational and capital budgeting and planning for Duke University Hospital and for the coordination of the Financial Decision Support function for the DUHS hospitals. The process of costing at the patient level requires sophisticated knowledge of the complexity of both payment and costing methodologies.
Duties and Responsibilities of this Level
The position will be responsible for:
The DUH Finance team accounting and operational responsibilities including; - the preparation of the operational budget for Duke University Hospital, - direct monitoring of fiscal operations for compliance with the approved budget including the month end close and the routine analysis of performance - the implementation of University policies and guidelines as they relate to budget, payroll., accounts payable and capital accounting
DUH Finance capital planning and development process - Support the business plan development and approval preparation for all greater than $1 million projects for DUH - Support the administration of the <$1 million DUH capital pool including the analysis of the business case for all of the projects - New Program Development: Financial assessment of new business opportunities including understanding of the financial sensitivities at a case level
DUH GME Financial support
Provide oversight to the GME Finance role including the external billing, internal reporting between SOM and DUH and DUHS and the reporting requirements to fulfill the needs of the Medicare cost reporting team.
Leadership role across DUHS Diagnostics/ Revenue and Project Management and DUH Finance team. - Responsibilities include support the entire team through coordination with the revenue management team, team meetings, retreats and overall team development
DUHS Hospitals
Responsible for the new role of Director of Financial Decision Support who will be a central point of contact for each of the DUHS hospitals. This effort will be directed by the Decision Support Governance committee and will develop a formal plan for enhancing the financial decision support work including; - Development of the long term plan for improving quality, access and reporting of patient level financial information - Identifying optimal systems and tools to provide this information - Assuring consistency in practice of costing/allocation across the hospitals - Coordinate efforts with the Directors of Finance at the community hospitals - This role will include coordinating with cost accounting, performance services and DHTS in the provision of accurate and consistent data definitions and costing across all of the DUHS clinical care hospitals. In providing these services, the Senior director will coordinate with the entity CFO???s, the CSU leadership and with physician groups. - The Senior Director will engage in proactive assessment of opportunities to improve patient level financial reporting and assessment and coordinate with the appropriate DHTS personnel to ensure financial integrity and consistency as well as evolution to new reporting tools.
Required Qualifications at this Level
Education
Work requires knowledge of accounting or business principles and practices generally obtained through completion of a bachelor's degree program in an accounting or business-related field. Certified Public Accountant and Masters of Business Administration or Masters in Health Administration preferred.
Experience in an academic medical center or health system with knowledge of clinical services and decision support is required.
Experience
Work requires ten years years of progressive health care leadership experience within a finance role. Experience with a major public accounting or health care consulting firm is preferred as well as experience within a major academic medical center. Requirements include knowledge of the patient level financial reporting requirements and various reporting tools as well as skills in accounting and financial reporting.
Experience with implementation of decision support tools is required.
Degrees, Licensure, and/or Certification
N/A
Knowledge, Skills, and Abilities
SUPERVISION
BUDGET PROJECTIONS
ANALYZE TRENDS
INTERVIEWING SKILLS
PERSONNEL PRACTICES
ACCOUNTING/BOOKKEEPING
DUKE PAYROLL SYSTEM
OFFICE PROCEDURES
DUKE ACCOUNTING SYSTEM
BILLING/COLLECTIONS
INSURANCE CLAIMS
CORRESPONDENCE
PC WORDPROCESSING SOFTWARE
PC SPREADSHEET SOFTWARE
PC DATABASE MGT SOFTWARE
Distinguishing Characteristics of this Level
N/A
The intent of this job description is to provide a representative and level of the types of duties and responsibilities that will be required of positions given this title and shall not be construed as a declaration of the total of the specific duties and responsibilities of any particular position. Employees may be directed to perform job-related tasks other than those specifically presented in this description.
Duke University is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or veteran status.
Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas-an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.
Essential Physical Job Functions
Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.
