Summit Talent Group Initiates Chief Financial Officer MUSC Search
Summit Talent Group Initiates Chief Financial Officer MUSC Search
Summit Talent Group has been retained to conduct a national search for the position of Chief Financial Officer (CFO) for the Medical University of South Carolina (MUSC) Physicians (MUSCP). The CFO will play a key role in the oversight and implementation of organizational priorities and capital projects, with the principal strategic driver centered on growth “outside the peninsula”, offering a variety of health services with greater access and choices for patients, while managing costs and aligning capital-intensive infrastructure projects with physician recruitment and staffing requirements.
Reporting to the MUSCP Chief Physician Executive (CPE), the incumbent will serve as the CFO for the Faculty Practice Plan (FPP), and as the Co-CFO for MUSC Health, sharing financial accountability and stewardship with the Chief Financial Officer of the MUSC Medical Center. The CFO functions as the key financial administrator and is responsible for the overall financial operations of MUSCP and its $286m operating budget and has shared responsibility for the Medical University Hospital Authority (MUHA) operating budget of $1.38b.
The incumbent oversees: strategic financial planning and reporting, budgeting, general accounting, operational and capital expenditures for MUSCP and is actively involved with the shared services financial areas of professional fee billing, patient financial services, and revenue cycle, supporting the momentum for the integration of the hospital and physician components of MUSC.
The CFO will have highly advanced financial technical and analytic skills, with a focus volumes, productivity, financial planning and reporting, technology systems and tools, dashboards and metrics, expense management and accounts receivable.
The CFO will be seen as both a responsive and available leader, serving as a true partner, offering strategic and operational consultation, and having a penchant for managing people, processes and projects in an orderly, disciplined, and highly reliable manner.
The incumbent will bring to the position a natural leadership style that values conversation, collaboration, and integration; highlighted by the ability to build trust and long-term relationships with the physician department chairs and the partner Co-CFO. Critical to success will be the ability to expertly forecast and communicate financial gaps and corrective actions, as well as offering solutions in a collaborative and proactive manner.
The ideal candidate will have earned a master’s degree and/or have an active CPA license, with greater than 10 years of progressive financial leadership experience in a prominent, complex academic healthcare system. Highly desired are candidates with knowledge of: state institutional guidelines; mergers and acquisitions; Epic; partnership with physician executives and departmental chairs; and an appreciation for the mission of research and education.
For more information about this position and to apply for the Chief Financial Officer MUSC position, click here.
Business Manager, Summit Talent Group