The Senior Director of Finance – Cancer Center will be responsible for planning, organizing, and monitoring all functions related to the financial management and reimbursement of the Mayo Clinic Cancer Center across all shields (Research, Practice, Education) and modeling and forecasting the financial implications the transformative changes the Center is undertaking. Mayo Clinic is a highly matrixed organization and the Director must serve as a bridge between Cancer Center, site and shield leadership, and shared services to maintain alignment of strategies, priorities, and performance expectations. The Senior Director, in partnership with their physician partner and the Cancer Center leadership as well as site and shield financial leadership, is also accountable for:
- Coordinating, implementing, integrating, and monitoring the financial activities of the Mayo Clinic Cancer Center activities across all shields.
- Working with Mayo Clinic finance, providing leadership to model the costs, revenues, institutional contribution, and impacts of the integrated multi-modality and multi-site cancer practice of each Disease Group (in contrast and in addition to the costs/revenues for individual contributing Departments).
- Financial modeling of the cost, revenues, and benefits to the cancer practice and the institution of the transformative projects listed above: virtual cancer care, advanced care at home (including the financial impact/payment models of chemotherapy administration in the home setting), decentralization of cancer clinical trials, and modeling the transition to increasing virtual care (second opinions, home-based interim vs. facility visits for patients under active treatment, in follow up care, and survivors, and virtual clinical trials), as well as other future practice-impacting projects.
- Financial modeling of the impact of demand/access projects at each Mayo Clinic Cancer Center site (Rochester, MCHS, Florida, Arizona) with strategic community partners (community health systems, FQHCs, IHS/638 Tribal health entities, Mayo Clinic Network partners, etc.) to facilitate access to Mayo Clinic of minority, underserved, and financially disadvantaged cancer patients.
- Serving as an expert to Mayo Clinic and the Cancer Center regarding federal, governmental, and contractual mechanisms for continually changing reimbursement policies and requirements for oncology practice specialties to the institution, Cancer Center, and each Mayo Clinic practice site,
- Collaborating with physician and administration leaders within the Mayo Clinic Cancer Center to identify, lead and support strategic activities and change initiatives.
- Directly or indirectly managing a team of finance professionals including enterprise teams for finance, accounting, and revenue cycle services provided to the Cancer Center.
- Proactively advising on relevant internal and external environmental factors that affect short and long-term financial performance and providing clear guidance to leadership when that performance diverges from plans and expectations.
- Helping develop, execute and advance the Cancer Center’s operational plan in alignment with institutional strategic directives.
- Advising Cancer Center leaders on operating and capital budgets and collaborating with finance leaders on performance and service improvements.
- Ensuring the Mayo Clinic Cancer Center becomes the unequivocal national and global leader for advanced and complex cancer care.
The Senior Director reports to the Chief Financial Officer – Mayo Clinic and is the administrative partner to the Executive Director, Mayo Clinic Cancer Programs. The Senior Director works collaboratively with Mayo Clinic administrative and physician colleagues, and allied health staff and nurtures a culture of agility, empowerment, innovation and transparency within the Mayo Clinic Cancer Center. The Senior Director serves on several leadership groups within Mayo Clinic including the senior administrative team within the Cancer Center, the Finance Leadership Team and the Finance Operations Team.
Master's degree in business or healthcare administration required. Minimum of 10 years of finance experience required, in successive leadership roles across multiple assignments.
- Experience in oncology practice management and modeling costs, revenues, and impact.
- Experience and expertise in monitoring federal and contractual relationships and impacts in oncology practice.
- CPA and MBA preferred.
- Experience working with Physician Leaders preferred, cancer center activities required.
- Strategic and visionary thinker, change agent, conceptual analysis and planning skills.
- Skilled in building relationships, developing individuals and working as a part of team.
- Excellent analytical and problem-solving skills, successfully achieving “win-win” solutions.
- Innovative, independent thinker.
- Written, interpersonal and public presentation skills must be at the highest level.
- Excellent team leadership skills to inspire, lead and guide staff as well as to interact effectively with high level contacts within and outside the organization.
- Sound business and fiscal knowledge; strong customer focus. Must be skilled at leading without controlling and able to build consensus.
- A role model of Mayo Clinic values, with a servant leader style and demonstrated humility with staff and other stakeholders.
- Inclusive leader, with demonstrated track record of advocating for equity, inclusion, and diversity in their work.