Senior Director, Financial Planning, Faculty Practice

About the role

The Senior Director, Financial Planning & Analytics, Faculty Practice (UCFP) leads and oversees several key functions supporting financial sustainability, growth, and strategic alignment of the University of Chicago Faculty Practice and the larger Biological Sciences Division.

Reporting to the Chief Administrative Officer of the Faculty Practice and the Assistant Dean of Finance, Financial Planning & Analysis, this position plays a central role in faculty and physician and other provider compensation planning and governance, including productivity analysis, incentive design, policy development, and ongoing monitoring of compensation alignment.

Responsibilities

• Serves as a primary financial and analytical partner to the Departments for compensation planning, including:
  • Development, evaluation, and ongoing refinement of faculty and provider compensation plans;
  • Review and analyze productivity-based and supplemental incentive programs and associated requests for compensation and incentive payments;
  • Monitoring of compensation alignment with productivity, market benchmarks, and institutional policy;
  • Partnering with faculty and administrative leaders to interpret productivity and compensation data, supporting informed decision-making around recruitment, retention, and resource allocation;
  • Other evolving needs that arise in a complex academic medical center environment.
• Drives organizational transformation by identifying, establishing, and promoting the best use of data analytics to deliver strategic objectives that have enterprise-wide impact, including access, growth, workforce optimization, and financial performance.
• Leads and supports the development, documentation, and implementation of policies and governance frameworks related to physician compensation and incentives, in partnership with UCFP leadership, BSD Finance, and legal/compliance teams.
• Promotes and fosters evidence-based and financially sustainable practice models.
• Supervises a team of financial analysts responsible for compensation plan modeling and updates, incentive analyses, financial planning pro formas, variance analysis, recruitment database support, and other ad hoc reporting.
• Champions an information-based culture that supports transparency, accountability and continuous improvement across the faculty practice.

Qualifications

• Minimum requirements include a college or university degree in related field.
• Minimum requirements include knowledge and skills developed through 7+ years of work experience in a related job discipline.
• Experience leading financial planning and budget processes.
• Knowledge of financial computing and database software applications.
• Knowledge of various financial principles, practices, and applications including budgeting, financial planning, and financial reporting.
• Experience with accounting systems and budget systems required.
• Proficiency with Microsoft Office (Word, Excel, PowerPoint).
• Financial modeling experience.
• Strong interpersonal, verbal, and written communication skills.
• Ability to establish and maintain relationships at all organizational levels.
• Ability to lead with exceptional adaptability and agility, including responding to evolving priorities and strategic shifts proactively while embracing change and transformation.
• Proven ability to synthesize complex issues for management.
• Demonstrated time management ability to deliver high-integrity products within established deadlines.
• Ability to be a proactive and assertive problem-solver.
• Strong upward and downward management skills.
• Prior direct supervisory experience.