Director of Finance and Administration
University of Colorado · Aurora, CO · 2 wk ago
Finance$119k–$160k/yrFull-time
Strategic Financial Leadership & Sustainability
- Develop and execute a multi-year financial strategy to advance long-term fiscal sustainability.
- Build and manage a diversified funding model integrating philanthropy, clinical revenue, grants, and institutional support.
- Advise leadership on financial planning, risk management, and growth opportunities.
- Conduct scenario modeling and long-range financial planning to mitigate fiscal risk and support fiscal sustainability.
Financial Management & Fund Stewardship
- Direct all financial activities, including budgeting, forecasting, reporting, and cash flow management across all funding sources.
- Ensure compliance with University, State, Federal, and sponsor regulations.
- Prepare and present financial reports, including revenue, cost, and salary analyses.
- Oversee financial systems, internal controls, and reporting infrastructure.
- Manage financial interactions with CU Medicine, CU School of Medicine, CU Foundation, University of Colorado Hospital, and affiliated partners.
Revenue Cycle & Clinical Finance Optimization
- Lead revenue cycle strategy, including billing, coding, and reimbursement optimization.
- Partner with CU Medicine and clinical leadership to improve documentation, coding accuracy, and payer compliance.
- Analyze payer mix, reimbursement trends, and denials to improve performance.
- Expand insurance-based revenue and reduce reliance on philanthropic funding.
- Monitor provider productivity, clinical activity, and revenue generation.
Clinical Business Operations
- Oversee financial performance and operational effectiveness of clinical programs.
- Manage clinical contracts, program budgets, and financial reporting.
- Evaluate new program opportunities and assess sustainability and ROI.
- Ensure accurate tracking of clinical activity, time allocation, and revenue.
Grants & Contracts Management
- Oversee all pre- and post-award grant and contract activities, including budgeting, compliance, and reporting.
- Accurate allocation of expenditures and personnel effort.
- Manage indirect cost recovery (ICR) distribution and related agreements.
- Provide final review for contracts, budgets, and commitments.
Human Resources Administration
- Oversee HR functions including recruitment, hiring, compensation, performance management, and staff development.
- Ensure compliance with university policies and procedures.
Policy, Compliance & Risk Management
- Interpret and apply University, State, and Federal policies.
- Develop and implement Institute-specific policies as needed.
- Review contracts, agreements, and legal documents in collaboration with university counsel.
- Identify and mitigate operational and financial risks.
Operations, Facilities & Procurement
- Oversee procurement, vendor management, and contract negotiations.
- Manage facilities, leases, space planning, and capital projects.
- Coordinate purchasing activities in compliance with university policies.
Information Systems & Data Management
- Oversee administrative and financial systems, ensuring functionality and efficiency.
- Partner with IT resources to maintain infrastructure.
- Develop dashboards and reporting tools to support performance monitoring and decision-making.
Strategic Planning
- Participate in MIBH strategic planning efforts.
- Provide financial and operational insights to guide growth, staffing, and infrastructure decisions.
- Align financial strategy with MIBH’s mission and long-term vision.