The Director of Clinical Finance provides leadership and guidance in fiscal matters to ensure adherence with evolving State, Federal, Governmental Accounting Standards Board and Internal Audit guidelines; the position is responsible for interpreting rules and regulations, often applying judgment without the benefit of specific policy or precedent. The Director is intimately involved in the production of financial statements at enterprise level, including consolidated financial statements for the University and is integral in enhancing the relationship with UNC Healthcare; the latter involves interfacing with the State Auditor's Office and requires a significant degree of accounting expertise combined with professional demeanor. The position provides oversight of the financial accounting functions, including monitoring and reporting of expenditures for the clinical enterprise. This requires in-depth knowledge of fund types and restrictions, accounting regulations, and systems. The Director is responsible for summarizing outstanding accounting and process issues to the Chief Dental Officer and the Associate Dean on a regular basis so that exposures can be reviewed as to risk of impact.
The Director of Clinical Finance serves as the financial manager for the Clinical Enterprise and collaborates with the executive leadership within ASOD and UNC Hospitals (Oral Medicine, Oral Surgery, Craniofacial and Pediatrics). The position must keep abreast of local and national business trends (i.e. insurance reimbursement issues, employment levels, leasing costs, etc.) as these factors impact the analysis and feasibility of new business plans. Since the funding base for many of these entities is primarily dependent upon entrepreneurial efforts, the consequences of economic downturns, erroneous business decisions, and/or errors in financial reporting and analysis are magnified; this intensifies the need for expert consultation and delivery of accurate and timely data to support business decisions. The position oversees the daily clinical operation, analyzes business alternatives and new ventures for investment soundness, and assists in setting up processes and procedures for new business endeavors.
Education and Experience:
Master's degree in Finance or Accounting. Given ASOD's unique structure such that the school is part of a large academic institution but also a component of the health care commercial enterprise, intimate knowledge of the policies, processes, and systems in all the related entities is desirable.
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