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MUSC Health · 4 weeks ago

MUSC Health, Deputy Chief Financial Officer

Charleston, SC

Full-time

Onsite

Director/Executive

10+ years exp

MUSC Health is a prominent healthcare organization seeking a Deputy Chief Financial Officer (CFO) to oversee operational financial performance across the health system. The role involves providing financial stewardship, strategic insight, and managing key vendor partnerships to drive system-wide performance and sustainability.

Health CareHospitalMedical

Responsibilities

Oversee and manage strategic ventures (MS/MSV) and vendor partnerships, population health, decision support and costing, the annual operating budget, proforma management and cost validation, performance improvements and shared responsibility for the market CFO’s and the system’s continuous operational improvements

Responsible for performance management, operational oversight, execution infrastructure and cross-functional coordination of MUSC Health’s strategic investment portfolio

Establish governance, tracking impact, ensuring appropriate resource allocation and drives accountability across the full life cycle of strategic ventures

Assist with managing investment funds

Partner with External Affairs, Supply Chain, IT and Operations to manage, support and prioritize strategic vendor relationships

Evaluate and support vendor partnerships, outsourced services, technology platforms, and supply chain strategies from a financial perspective

Lead financial review, assist with contract negotiations, pricing strategy, and ROI evaluation for key vendor relationships while optimizing the strategic vendor performance, cost savings initiatives, and strategic sourcing decisions

Oversee the creation and review of financial proformas for all major initiatives, capital projects, service expansions, and business plans

Ensure proforma analyses incorporate accurate volume assumptions, reimbursement methodologies, cost structures, and ROI metrics

Lead the system’s decision support function, including cost accounting, service line profitability analyses, and contribution margin reporting

Partner with service line and hospital executives to translate operational strategies into financial outcomes

Monitor and interpret key performance indicators (KPIs) to identify opportunities for margin improvement, operational efficiencies, and resource optimization

Lead financial reviews and provide actionable insights for revenue enhancement, cost containment, and productivity improvement

Drive standardization of financial processes, reporting, and analytical methodologies across the health system

Qualification

Healthcare financeFinancial planningOperational financeFinancial modelingCPA certificationCHFP certificationStrategic planningStakeholder managementAnalytical capabilitiesVendor managementCost accountingPerformance managementCommunication skills

Required

Bachelor's Degree or equivalent, and 10 years of progressive experience including 8 years in management/leadership roles

Proven leadership in financial planning, venture oversight, and operational finance

Knowledge of Generally Accepted Accounting Principles and governmental regulations with strong analytical and strategic planning leadership

Advanced financial modeling, due diligence, and analytical capabilities

Strong knowledge of healthcare investment models (JVs, affiliations, subsidiaries)

Exceptional communication and stakeholder management skills

Preferred

Minimum of 10 years of healthcare finance, prior experience in large-scale health systems or organizations with $5B+ revenue preferred

Finance or Accounting degree, master's degree in business administration, Finance Healthcare Administration, or related field preferred

CPA, CHFP or equivalent certification highly preferred

Prior division/hospital CFO experience in acute care / physician practice / academic health system preferred

Company

MUSC Health

MUSC Health provides health-care services through its patient- and family-centered care, education, research, and various partnerships. It is a sub-organization of Medical University of South Carolina.

Founded in 1824

Charleston, South Carolina, USA

10001+ employees