University of Illinois Chicago College of Pharmacy
Location: Chicago, Illinois
Type: Full Time
The University of Illinois at Chicago (UIC) College of Pharmacy invites applications for the position of Director of Finance. The College of Pharmacy sets a national standard of excellence in pharmaceutical research, education, and clinical practice. Founded in 1859, the College is the oldest academic unit of the University of Illinois System. The College is currently ranked 7th in the nation by US News and World Report and is among the largest and most comprehensive pharmacy practice programs in the nation, including faculty practitioners in essentially all clinical specialties and preceptors in more than 900 diverse pharmacy practices sites. The College is among the top national tier of pharmacy schools for student diversity, faculty publications, patient care and outreach programs, and entrepreneurial endeavors.
The College of Pharmacy is looking for an individual to provide leadership and management of the College of Pharmacy fiscal operations and oversee financial and budgetary operations for the ambulatory and clinical pharmacy enterprise. We seek an individual who is forward thinking, committed to diversity, technically competent, and independently driven.
The midpoint salary range for this position is $140,000.00. UIC offers an excellent benefits package which includes health, vision, dental and life insurance and participation in the State Universities Retirement System (SURS). Benefits also include paid holidays, generous vacation and sick time, as well as many optional benefits. Information for the University's remote work policy can be found here. For additional information on our benefits please click here.
Develop, implement, and monitor annual financial operations and capital budgets for the Ambulatory Pharmacy Services unit. Areas of responsibility include: Accounts payable and receivable, budgeting, cost accounting, and revenue cycle (charge capture, denial reduction, reimbursement optimization) to optimize savings and revenue and maintain compliance across UI Health.
Oversee and manage college and department finance staff and is accountable for financial management, principles, and business processes. Plan, assign and review work of staff to ensure that group objectives are met. Hire, train, develop and manage staff to ensure that a qualified staff exists to meet group objectives.
Define, develop, shape and implements policy and procedures including but not limited to budget development and financial management, funds flow oversight, budget modeling/forecasting, resource allocation, operational policies and procedures, and data management.
Advise on budget and financial policy and procedures; provide business and financial oversight; monitor and guide in maintaining compliance and fiscal responsibility; maintain compliance with university, state, federal and professional standards
Prepare monthly, quarterly, and annual financial statements and present to various constituents including College, Department of Pharmacy Practice, Ambulatory Pharmacy and Hospital leadership.
Collaborate with the Associate Dean for Administrative Affairs in providing oversight and control of the college budget and allocation of resources for appropriate faculty and staff compensation, start-up funding and reallocation of funds.
Establish metrics, analyze, and leverage data and best practice insights during action planning, respond to professional association and accreditation surveys, and prepare internal and external administrative reports on topics such as labor and economic data, financial modeling to achieve capital projects, trends and forecasting.
Represent the college to university and system-level financial units; serve on key department, college and campus committees.
Perform other related duties and participate in special projects as assigned
A minimum of a Bachelor’s degree in business, finance, accounting, healthcare administration or related field required. Master’s degree in finance, business or accounting preferred.
A minimum of five years financial management experience required, including experience as a financial administrator preferably in higher education, healthcare, or clinical operations.
Demonstrated knowledge of fiscal policies and procedures, financial systems, and experience with data analytical tools required.
Experience/training in generally accepted accounting practices and project management required.
Excellent oral and written communication skills are required.
Demonstrated knowledge in pharmacy finance processes, particularly with pharmacy programs and systems (i.e. 340B programs, EPIC, Macrohelix, clinical revenue cycle management) preferred.
Active membership in a recognized professional finance association preferred.
For fullest consideration, qualified candidates must submit a complete application including the names and contact information of three professional references in the application, plus a cover letter of interest and resume/CV by May 6, 2022.
The University of Illinois at Chicago is an affirmative action, equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status, or status as an individual with a disability.
Offers of employment by the University of Illinois may be subject to approval by the University’s Board of Trustees and are made contingent upon the candidate’s successful completion of any criminal background checks and other pre-employment assessments that may be required for the position being offered. Additional information regarding such pre-employment checks and assessments may be provided as applicable during the hiring process.
The University of Illinois System requires candidates selected for hire to disclose any documented finding of sexual misconduct or sexual harassment and to authorize inquiries to current and former employers regarding findings of sexual misconduct or sexual harassment. For more information, visit https://www.hr.uillinois.edu/cms/One.aspx?portalId=4292&pageId=1411899
University of Illinois faculty, staff and students are required to be fully vaccinated against COVID-19. If you are not able to receive the vaccine for medical or religious reasons, you may seek approval for an exemption in accordance with applicable University processes.
About University of Illinois Chicago College of Pharmacy
The UIC College of Pharmacy is the #1 college of pharmacy in the state of Illinois and the #7 college in the country overall based on US News and World Report’s most recent rankings. But our excellence goes beyond rankings. You see it every day in the world-class faculty, brilliant researchers and amazing students. It’s the spark inside everyone at the UIC College of Pharmacy that drives us to change the face of healthcare.