Salary is commensurate with education and experience.
This position provides opportunities to work in a fast-paced, challenging, diverse and rewarding environment. As an employee you will enjoy generous benefits and work/life programs. For detailed information on Benefits for this position, click here.
UW Medicine's mission is to improve the health of the public by advancing medical knowledge, providing outstanding primary and specialty care to the people of the region and preparing tomorrow's physicians, scientists and other health professionals. UW Medicine owns or operates Harborview Medical Center (HMC), Northwest Hospital & Medical Center (NWH), Valley Medical Center (VMC), UW Medical Center (UWMC), a network of UW Medicine Neighborhood Clinics that provide primary care, UW Physicians, UW School of Medicine, Airlift Northwest and other owned, operated or affiliated entities as appropriate. In addition, UW Medicine shares in the ownership and governance of Children's University Medical Group and Seattle Cancer Care Alliance a partnership among UW Medicine, Fred Hutchinson Cancer Research and Seattle Children's.
UW Medicine Shared Services and UW Medicine Finance have an outstanding opportunity for an Assistant Director of Clinical Department Funding, UW Medicine Shared Services. Working together with the UW Medicine Business Planning and Analysis and School of Medicine staff, the UW Medicine (UWM) Assistant Director of Clinical Department Funding provides vital guidance and analytical support to UWMC, HMC and NWH on financial and administrative issues related to the funding of UW School of Medicine (SOM) clinical faculty. This position reports to the Director of Governmental Accounting and works closely with UWM executive leadership, including UWMC, HMC, NWH, UWM Finance and Accounting, the SOM Office of the Vice Dean for Administration and Finance, and the Chairs and directors of SOM clinical departments to provide the information necessary to formulate informed decisions in support of the operational and strategic initiatives of UWM and to execute and record the resulting financial transactions.
SOM clinical department funding represents a significant investment in the health system's clinical operations and strategic plans. The Assistant Director plays a vital role in the evaluation and execution of proposals for new clinical programs, changes to existing programs, and the planning for recruitment and deployment of new or replacement faculty. The Assistant Director serves as a primary liaison between the leadership of the medical centers and the SOM.
The key function of the Assistant Director is to ensure the integrity of both the process and the data involved in funding of SOM clinical departments. This includes, but is not limited to, prospective analysis of funding requirements, concurrent and retrospective analysis of actual experience, development and retrospective evaluation of funding policy, validation of accurate execution and recording of transactions in the respective entities' financial statements and budgets.
Serve as primary liaison between the medical centers and the SOM for evaluation and approval of annual and mid-year (off-cycle) proposals for new clinical department funding with respect to clinical need within the health system, site of service, proposed compensation, productivity assumptions, facility financial impact, additional resource commitments (space, capital, staffing, etc.). Act as primary point of contact for both medical center and SOM clinical departments to ensure transparency and mutual understanding of information upon which strategic and operational clinical department funding decisions are based.
Provide subject matter expertise in the development of health system policies regarding clinical department funding by sitting on and actively participating in the oversight committee, subcommittee(s), and workgroup.
Provide concurrent and retrospective analysis of clinical department funding transactions to ensure adherence to established policy and executed agreements, and to maintain the overall integrity of the process.
Provide prospective analysis of clinical department funding proposals to ensure accuracy of calculations, appropriateness of assumptions, and clarity of purpose. Obtain additional medical center or SOM clinical department information as needed for informed decision-making.
Review clinical department funding transactions for accuracy and support UW Medicine Accounting in the recording of expenses in their general ledgers. Provide analysis of actual experience against prospective estimates and advise Accounting on any necessary accrual adjustments.
Provide analysis of actual experience to support UW Medicine Finance in the development of annual budgets and long range financial plans.
Maintain accurate record of clinical department funding proposals and decisions.
Bachelor's degree in Business, Health Administration, or related field AND six years of health care finance experience, preferably within academic medical center. An equivalent combination of education and experience may substitute for stated requirements.
Demonstrated experience in business planning, financial analysis.
Strong knowledge of clinical department management within an academic medical center.
Functional understanding of hospital inpatient and outpatient administration.
Functional acknowledge of hospital and physician billing and/or practice management.
Proven problem solving skills, ability to prioritize tasks and meet deadlines.
Proven project management and communication skills.
Demonstrated ability to work effectively across organizational lines.
Demonstrated experience in serving as an analytical consultant.
Experience in performing sophisticated financial analyses using personal computer software.
Demonstrated ability to function independently with minimal support and/or reporting authority.
Demonstrated ability to operate in highly sensitive situations and demonstrate exemplary professional judgment.
Demonstrated ability to maintain harmonious working relationships when addressing difficult issues.
Founded in 1861, the University of Washington is one of the oldest public institutions in the west coast and one of the preeminent research universities in the world. The University of Washington is a multi-campus university comprised of three different campuses: Seattle, Tacoma, and Bothell. The Seattle campus is made up of sixteen schools and colleges that serve students ranging from an undergra...duate level to a doctoral level. The university is home to world-class libraries, arts, music, drama, and sports, as well as the highest quality medical care in Washington State and a world-class academic medical center. The teaching and research of the University’s many professional schools provide undergraduate and graduate students the education necessary toward achieving an excellence that will serve the state, the region, and the nation. As part of a large and diverse community, the University of Washington serves more students than any other institution in the Northwest.