The Director of Finance partners with the Population Health, Community Health, and Health Plans leadership teams to lead and direct both the long-range financial planning process and the annual budget process for those units within System Health Solutions. This includes both operating and capital planning, and to support operational and financial improvements. This leader will combine strong relationships, strategic analysis, and risk-conscious planning to ensure that the unit’s strategy is realized. The Director will perform data analytics and prepare operating benchmarks and dashboards to evaluate and compare performance across relevant business units and over time. Other opportunities include:
Collaborating with leadership and front-line team members to execute organizational development strategy and lead change initiatives across Population Health, Community Health, and Health Plans
Serving as a financial resource to operational leaders of the units, providing financial reporting and analysis, expense management, operational improvement and the evaluation of growth opportunities
Creating executive-level reporting packages to communicate key performance indicators with unit leadership, identifying, evaluating, and implementing countermeasures to improve negative financial performance
Reports to: Chief Accountant
Direct Reports: 3 Manager Level (Managers lead 10-15 individual contributors)
Other Key Relationships: Actuarial Team, Corporate Reporting Team, Claims Team, Compliance Committee, Vendor Management Team
Bachelor’s Degree required, Masters or CPA strongly preferred.
7+ years of relevant experience required. Health insurance experience strongly preferred.
Experience completing and presenting complex data analytics, required.
Requires knowledge of state and national regulatory agency guidelines and/or a working knowledge of Generally Accepted Accounting Principles (GAAP) and/or other industry standard guidelines. Specifically, knowledge of Indiana Department of Insurance (IDOI), National Association of Insurance Commissioners (NAIC) and the Centers for Medicare and Medicaid (CMS) national regulatory agency guidelines strongly preferred.
Experience implementing large scale process improvement initiatives that drive measurable business results, required.
Experience successfully interacting with all levels of leadership, including executives, and presenting information in a concise, format that clearly conveys findings and recommended action, required.
Experience working within the Oracle platform is a plus.
Employer will assist with relocation costs.
Internal Number: 303708
About Indiana University Health
IU Health is among the top ten largest single-state nonprofit health systems in the United States. Through its 16 hospitals (a mix of urban, suburban and rural facilities), IU Health offers a full range of specialty and primary care services for children and adults. Statewide, IU Health has more than 2,600 staffed beds, $6.23 billion in net total operating revenue, and strategic service lines including cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplant, that have received national recognition for quality patient care over the decades. IU Health has over 34,000 team members.
Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People motivated to do their best every day. People who are always ready to apply themselves. As one of Indiana's largest employers, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation's healthiest states.