Duke University’s Department of Anesthesiology has an
immediate opening for a Director of Finance.
The position of Director, Finance will oversee the operations of
financial reporting and modeling, general accounting, including a
strong focus on cost accounting, faculty compensation, and metrics
data, for the Department of Anesthesiology with an overall PDC and
SOM budget of $130 million. The Director of Finance will report
directly to the Chief Administrative Officer of the Department of
Anesthesiology and will work closely with the Business Office
Leadership Team and the Division Chiefs across the entire
department. The Dir, Finance will be expected to work closely with
the Chief Administrative Officer to understand the strategic
direction of the organization and provide high-level, proactive
financial expertise and financial modeling of all department,
division, and program areas. This is an on-site
position. Candidates with prior experience in Anesthesiology
and Academic Medicine preferred.
Apply at requisition 185750 at www.careers.duke.edu or
click on the link below:
DIRECTOR OF FINANCE - ANESTHESIOLOGY (duke.edu)
- Provide financial and business guidance that will help maximize
current resources, and ensure that financial plans, accounting
systems and controls are consistent with and supportive of the
department’s strategic direction.
- Responsible for the general accounting of the department of
anesthesiology including RA, PLLC (Community Division) working
closely with the finance staff of the department.
- Develop long-range financial models to support the needs of the
- Collaborate and assist the department finance staff and SOM and
PDC staff in the development and preparation of the annual
departmental SOM and PDC budgets.
- Maintain back-office financial and accounting systems and
monitor data integrity.
- Oversee the faculty compensation and payroll operations and
manage the reporting relating to the annual faculty compensation
for department and community division faculty including department
reports, K-1s, etc. Work with IT staff on compensation equity
- Coordinate faculty gainsharing, PCA true-ups, leadership bonus
calculations, and other incentives including Critical Care,
- Manage divisional P&L and sub-P&L reporting combining
the SOM and PDC on a fully distributed basis.
- Oversee the VA monthly billing operations and prepare the
pricing model for contract negotiation annual renewals and the
5-year overall contract renewal.
- Oversee accounting and annual assessment calculations from
practice activity of the Community Division including overhead and
expense methodologies for internal (FMV) and external (cost
modeling) contracts. Review monthly RMA invoice expenses and
billing data and provide 3–5-year expense trends. Reconcile annual
- Manage the Clinical Full-Time Equivalent calculation and
compensation true-up processes.
- Distribute financial reporting information on a consistent
basis (monthly reports) that will provide data, which is valuable,
clearly understood and supports sound decision making.
- Design and produce specialized financial analyses as
- Provide appropriate business planning advice and direction to
the Chief Administrative Officer regarding the financial strengths
and challenges facing the Department of Anesthesiology.
- Provide financial presentations to Business Office and
Department leadership committees as requested.
- Enhance and/or develop, implement, and enforce policies and
procedures that will improve overall financial operations,
effectiveness with strong internal controls.
- Work with IT staff on providing appropriate financial and cost
accounting information for department business related systems
including FDS and other IT systems.
- Act as a liaison when needed on behalf of the Chief
Administrative Officer on financial issues with the management of
the Private Diagnostic Clinic and the School of Medicine
- Manage department space program charges and allocations
- Work with Business Office Directors/Managers on IBS and effort
tracking for compensation changes, offer letters and renewals
- Motivate staff to perform optimally, manage expectations, and
help the department to focus on a team and service-oriented
approach to solving financial problems in a timely, efficient
- Perform other related duties incidental to the work described
The above statements describe the general nature and level
of work being performed by individuals assigned to this
classification. This is not intended to be an exhaustive list of
all responsibilities and duties required of personnel so
Work requires a Bachelor's degree in Accounting, Finance, Business
Administration, or a related field. Master’s degree in
Healthcare Administration or a related field a preferred. A CPA
designation a plus.
Work requires a minimum of 10 years related business or
administrative experience to acquire competence in applying general
accounting principles, personnel practices and coordination of
major administrative functions OR AN EQUIVALENT COMBINATION OF
RELEVANT EDUCATION AND/OR EXPERIENCE
The Dir. Finance must have proven competency in the following
- High level of customer service orientation and
- Ability to manage a staff of financial professionals
- Analytical ability to see the big picture as it relates to
financial, accounting and business matters
- Collaborative teamwork style and the ability to work with the
faculty and other staff
- Seniority to interface effectively with employees, the
university, the hospital and the PDC at appropriate levels
- Ability to communicate complex financial and accounting
information in a clear, concise manner
- Technical proficiency with IT, finance and accounting
- Exceptional oral, written, presentation, leadership, and
- Impeccable integrity and strong judgment
- Sensitivity to and support of the mission, vision and core
values of the Department of Anesthesiology
Duke is an Affirmative Action/Equal Opportunity Employer
committed to providing employment opportunity without regard to an
individual's age, color, disability, gender, gender expression,
gender identity, genetic information, national origin, race,
religion, sex, sexual orientation, or veteran status.
Duke aspires to create a community built on collaboration,
innovation, creativity, and belonging. Our collective success
depends on the robust exchange of ideas—an exchange that is best
when the rich diversity of our perspectives, backgrounds, and
experiences flourishes. To achieve this exchange, it is essential
that all members of the community feel secure and welcome, that the
contributions of all individuals are respected, and that all voices
are heard. All members of our community have a responsibility to
uphold these values.
Essential Physical Job Functions: Certain jobs at Duke
University and Duke University Health System may include essential
job functions that require specific physical and/or mental
abilities. Additional information and provision for requests for
reasonable accommodation will be provided by each hiring