Senior Director, Financial Planning, Faculty Practice

* Leads the enterprise-wide faculty, physician, and provider workforce planning, recruitment, financial modeling, and compensation analytics on behalf of the BSD and Faculty Practice (UCFP).* Serves as a primary financial and analytical partner to the Departments for compensation planning, including: Development, evaluation, and ongoing refinement of faculty and provider compensation plans; Review and analyze productivity-based and supplemental incentive programs and associated requests for compensation and incentive payments; Monitoring of compensation alignment with productivity, market benchmarks, and institutional policy; Partnering with faculty and administrative leaders to interpret productivity and compensation data, supporting informed decision-making around recruitment, retention, and resource allocation; Other evolving needs that arise in a complex academic medical center environment.* Drives organizational transformation by identifying, establishing, and promoting the best use of data analytics to deliver strategic objectives that have enterprise-wide impact, including access, growth, workforce optimization, and financial performance.* Leads and supports the development, documentation, and implementation of policies and governance frameworks related to physician compensation and incentives, in partnership with UCFP leadership, BSD Finance, and legal/compliance teams.* Partners with departments to prepare quarterly UCFP department reviews of financial, recruitment, productivity, compensation, clinical volumes and other key metrics for presentation to BSD and hospital leadership in effort to propel informed, strategic, and high-impact decision-making in both the short and long term.* Strengthens alignment between Service Delivery Units, departments and central financial planning.* Allocates effort to long term problem solving on top of daily operations of the department.* Creates financial proformas for evaluation of practice acquisitions, program expansions, and new clinical or academic business opportunities across the BSD and faculty practice.* Serves as the lead BSD finance representative working in partnership with the Strategy and Analytics team for the development of enterprise-level financial planning and long-range projections impacting achieving the goals set for in Elevate 2035, the ten-year strategic plan.* Translates complex quantitative and financial information into clear, executive-ready presentations and reports. Summarizes and communicates key analytics fundings to all levels of management. Leads and assists with education and development of skill sets in data analysis.* Engages with and leverages AI tools to optimize financial work flows, analysis, and decision making.* Evaluates locally negotiated contracts with Clinical partners to modernize processes, standardize negotiated elements, and enhance both transparency of setting contract terms and negotiated payments, and ultimately standardize processes for management and oversight of the portfolio.* Works closely with Medical Center and University decision support groups to integrate clinical, financial, and productivity analytics across systems in order to drive actionable insights for enterprise-wide performance.* Leverages analytics to identify clinical and operational improvement opportunities. Promotes and fosters evidence-based and financially sustainable practice models.* Supervises a team of financial analysts responsible for compensation plan modeling and updates, incentive analyses, financial planning pro formas, variance analysis, recruitment database support, and other ad hoc reporting.* Champions an information-based culture that supports transparency, accountability and continuous improvement across the faculty practice.* Supervision of staff assigned to projects.* Manages financial staff through subordinates, usually other managers and professional staff. Establishes performance goals, allocates resources and assesses policies for the related departments managed.* Executes functional business plans and contributes to the development of financial goals, strategies, plans, and policies for the unit.* Performs other related work as needed.* Healthcare experience.* Experience leading financial planning and budget processes.* Knowledge of financial computing and database software applications.* Knowledge of various financial principles, practices, and applications including budgeting, financial planning, and financial reporting.* Experience with accounting systems and budget systems required Proficiency with Microsoft Office (Word, Excel, PowerPoint).* Financial modeling experience.* Strong interpersonal, verbal, and written communication skills.* Ability to establish and maintain relationships at all organizational levels.* Ability to lead with exceptional adaptability and agility, including responding to evolving priorities and strategic shifts proactively while embracing change and transformation.* Proven ability to synthesize complex issues for management.* Demonstrated time management ability to deliver high-integrity products within established deadlines.* Ability to be a proactive and assertive problem-solver.* Strong upward and downward management skills.* Prior direct supervisory experience.When applying, the document(s) **MUST** be uploaded via the **My Experience** page, in the section titled **Application Documents** of the application.The University of Chicago is an urban research university that has driven new ways of thinking since 1890. Our commitment to free and open inquiry draws inspired scholars to our global campuses, where ideas are born that challenge and change the world.We empower individuals to challenge conventional thinking in pursuit of original ideas. Students in the College develop critical, analytic, and writing skills in our rigorous, interdisciplinary core curriculum. Through graduate programs, students test their ideas with UChicago scholars, and become the next generation of leaders in academia, industry, nonprofits, and government.To learn more about the university click here #J-18808-Ljbffr