Director of Financial Operations - Clinical Practice Group
Director of Financial Operations - Clinical Practice Group
- 513531
- Fort Worth, Texas, United States
- Staff
Title: Director of Financial Operations - Clinical Practice Group
Employee Classification: Director, Financial Operations
Campus: University of North Texas - Health Science Center
Division: HSC-Health Systems
SubDivision-Department: HSC-Health Systems & Clinical Aff
Department: HSC-HSC Health Administration-335001
Job Location: Fort Worth
Salary: Commensurate with Experience
FTE: 1.000000
Retirement Eligibility: TRS Eligible
About Us - Values Overview
Department Summary
As the clinical practice group of UNT Health Fort Worth, we provide comprehensive primary and multispecialty care. Our reach extends across Fort Worth, Denton, and Dallas, delivering expert care through our clinics, in-home visits, hospitals, and long-term care facilities.
We utilize interprofessional teams, where physicians, advanced practice practitioners, therapists, pharmacists, and specialized staff work collaboratively.
We intentionally integrate healthcare students, residents, and fellows into care delivery at select practice locations, fostering the development of future health professionals while optimizing patient care delivery.
Position Overview
The Director, Financial Operations for the UNT Health Clinical Practice Group and provides strategic financial oversight and operational support for the clinical practice group. This role is responsible for the integrity of the annual budget, financial analysis and modeling, and the optimization of clinical expenses. By bridging the gap between finance and clinical operations, the Director supports key financial activities required for clinical practice operations.
Minimum Qualifications
Master's degree in a relevant field with six (6) years of related experience with financial analysis, budget reports, accounting principles; or any equivalent combination of education and experience.
Knowledge, Skills and Abilities
- Understanding of GAPP.
- Knowledge of the patient billing lifecycle.
- Understanding of clinic financial and operations.
- Provider productivity metrics,.
- How operational flow impacts financial outcomes.
- Financial modeling, variance analysis, and strategic budgeting
- Cross-functional collaboration
- Problem solving,
Preferred Qualifications
Master's degree or CPA designation preferred
Job Duties
- Strategic Budget Development & Fiscal Maintenance:
- Lead the annual budget development process and provide ongoing maintenance for the clinical practice group.
- Collaborate with clinical department heads to forecast volumes, revenues, and expenditures.
- Conduct monthly variance analysis to identify and resolve discrepancies between actuals and budget.
- Maintain long-range financial plans that align with the group’s growth objectives and care delivery standards.
- Financial Planning, Personnel Budgeting, and Feasibility Analysis:
- Directly support department clinical and practice leadership with routine financial tracking and budget projections.
- Personnel Oversight: Maintain salary expense allocations; process ePar transactions and ensure personnel funding aligns with clinical funding models.
- Feasibility Studies: Complete specific clinical operations analysis for new and existing services, including break-even and Return on Investment (ROI) assessments.
- Financial Analysis and Operational Excellence:
- Partner with Operations and Revenue Cycle Management (RCM) teams to analyze reimbursement patterns and payer trends; conduct service-level and reimbursement break-even analyses to ensure clinical activities are financially sustainable.
- Use financial analysis to evaluate the effectiveness of clinical spend, ensuring that resources (labor, supplies, and overhead) are deployed to yield the highest possible operational and clinical return.
Physical Requirements
- Communicating with others to exchange information.
- Moving about to accomplish tasks or moving from one worksite to another.
- Repeating motions that may include the wrists, hands and/or fingers.
- Sedentary work that primarily involves sitting/standing
Environmental Hazards
-
No adverse environmental conditions expected.
Work Schedule
M-F 8-5
Driving University Vehicle
No
Security Sensitive
This is a Security Sensitive Position.
Special Instructions
Applicants must submit a minimum of two professional references as part of their application. If needed, additional references can be added after the application has been submitted.
Benefits
For information regarding our Benefits, click here.
EEO Statement
The University of North Texas System is firmly committed to equal opportunity and does not permit –and takes actions to prevent – discrimination, harassment (including sexual violence, domestic violence, dating violence and stalking), and retaliation on the basis of race, color, religion, national origin, sex, age, disability, genetic information, or veteran status in its application, employment practices, and facilities; nor permits race, color, national origin, religion, age, disability, veteran status, or sex discrimination and harassment in its admissions processes, and educational programs and activities. UNT System Administration promptly investigates complaints of discrimination, harassment, and related retaliation and takes remedial action when appropriate. System Administration also takes actions to prevent retaliation against individuals who oppose any form of harassment or discriminatory practice, file a charge or report, or testify, assist, or participate in a related investigation or proceeding.