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Chief Financial Officer

Indianapolis, IN, USA | IU Health Arnett

  • Industry:
    Healthcare - Hospitals
  • Position Type:
    Full-Time
  • Functions:
    Accounting / Control
    Finance (Internal)
  • Experience:
    5-7 years
    7-10 years
Job Description:
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The Chief Financial Officer (CFO) of our Adult Academic Health Center (AAHC) to include Methodist (MH) and University (UH) Hospitals is responsible for establishing the strategic financial plan to ensure direct alignment with the business strategy. This individual will possess strong analytical and relationship building skills to build an agenda for innovative organizational improvement and financial performance. This leader will interface frequently with senior leadership, physicians, clinical staff, patients and front line team members through MH and UH. This role will work collaboratively with the system financial leadership team as well as the system decision support and business intelligence team. Execution of organizational development strategy and motivating change initiatives in order to achieve strategic business and operations objectives will be key. The CFO of the AAHC will provide counsel on all fiscal activities such as accounting, budgets, audits, taxes and the preparation of regulatory and governmental agency reports as well as be accountable for developing an annual plan, inclusive of objectives and resource allocations, completed in accordance with the organization’s planning cycles. This individual will be responsible for the development and administration of an annual fiscal plan ensuring that adequate controls are established to prevent lost revenue and control operation expenses.


This leader will play an integral role in the development of the expanded downtown medical campus consolidating both Methodist and University Hospitals. This 1.6 billion dollar project will span over 44 acres and is the single largest capital project in Indiana. This position will serve as an advisor and change agent in the development of the new Adult Academic Health Center of the future ensuring alignment financially while leading through the organization’s mission, vision and values. For more information regarding the project, please click here.


This leader will report directly to the System SVP & CFO and have a matrixed relationship with the President of the AAHC.


Key relationships


Reports to: Jennifer Alvey, Senior Vice President and Chief Financial Officer

Ryan Nagy, President – Adult Academic Health Center


Direct reports:4


Other key relationship s: Adult Academic Health Center Executive Team, Regional Chief Financial Officer Peer Team, System-level Senior Leaders


Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People motivated to do their best every day. People who are always ready to apply themselves. As one of Indiana's largest employers, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation's healthiest states.


IU Health is among the top ten largest single-state nonprofit health systems in the United States. Through its 16 hospitals (a mix of urban, suburban and rural facilities), IU Health offers a full range of specialty and primary care services for children and adults. Statewide, IU Health has more than 2,600 staffed beds, $6.23 billion in net total operating revenue, and strategic service lines including cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplant, that have received national recognition for quality patient care over the decades. IU Health has over 34,000 team members.


We are an equal opportunity employer and value diversity and inclusion at IU Health. IU Health does not discriminate on the basis of race, color, religion, sex, sexual orientation, age, disability, genetic information, veteran status, national origin, gender identity and/or expression, marital status, or any other characteristic protected by federal, state, or local law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


Apply teamwork. Apply experience. Apply skill. Apply yourself. And together we can change everything.


We are an equal opportunity employer and value diversity and inclusion at IU Health. IU Health does not discriminate on the basis of race, color, religion, sex, sexual orientation, age, disability, genetic information, veteran status, national origin, gender identity and/or expression, marital status or any other characteristic protected by federal, state or local law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Qualifications for the Methodist & University Hospitals CFO Role

Bachelor’s degree in Health Administration; Business Administration or related fieldMaster’s Degree or CPA preferredMinimum of 5-10 years of experience in finance, operations management, strategic planning and community relationsExperience working in a managerial position in finance or related area in a comparable size and sophisticationStrong demonstrated transformational and complex, matrixed leadership skills to champion leading to preeminence and transitioning to an accountable care organizationDemonstrated experience managing multiple complex projects involving multiple customers, interest and goalsStrong communication and relationship-building skills across all levels of the organizationKnowledge of industry issues, demonstrated experience and results such as Curve 2 (transition from volume based to value based economics), accountable care and insurance/population risk models


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