Chief Financial Officer UM Health System

Description

Responsible for directing the financial planning, budgeting, accounting, control, and financial decision support of the organization. Aligned with strategic goals and values, plans, organizes and coordinates the financial operations of the institution to optimize the receipt of revenue, control expenditures, and ensure the conservation of assets. Partners with University Leadership to maximize the financial condition of the Health System. Develops financial reporting systems and ensures compliance with all external and internal financial reporting requirements, including the annual financial audit. Serves as a liaison with all stakeholders impacting the institution's current and future financial state. Reports to the Executive Vice President for Medical Affairs. The primary duty of employees in this classification is the management of a customarily recognized department or subdivision, including the supervision of three or more full-time equivalent employees every week. Direction is over a permanent status-continuing function, not a collection of employees assigned to complete a project. Management duties include interviewing, selecting and training of employees; setting and adjusting their rates of pay and hours of work; planning and directing their work; appraising their productivity and efficiency for the purpose of recommending promotions or other changes in their status; handling their complaints and grievances and disciplining them when necessary. Management responsibilities include the authority to hire, fire, or promote assigned employees or make recommendations that are given particular weight. Employees have impact on budgeting, controlling costs, planning, scheduling, and procedural change. Under FLSA, incumbents in this position meet the criteria for exempt status.