Founded in 2015, BayHealth, LLC is a UCSF Health and John Muir Health (JMH) joint venture focused on infrastructure development supporting the needs of Canopy Health and its providers and serving as a joint strategic investment vehicle in support of the UCSF/JMH affiliation. BayHealth Development is deeply committed to value creation in the Canopy Health network and our shared vision with UCSF/JMH for innovation in patient experience, access, affordability and quality of care.

BayHealth is co-owned, funded and governed by UCSF and JMH. BayHealth’s governance includes the CEOs of UCSF and JMH, members of their executive teams, and a senior executive from the University of California Office of the President. BayHealth’s annual operating budget is approximately $16m. BayHealth’s operations and projects are financed through the investment of UCSF and JMH, with a chargeback mechanism in place in place for products / services provided to providers.

BayHealth serves as a joint investment vehicle for UCSF and JMH for projects the two organizations deem strategic and of mutual interest. Such projects include:

               The development and management of care delivery sites and services that enable geographic extension and expansion beyond the partners’ core catchment areas;

           The development and delivery of IT solutions aimed at clinical systems integration as well as systems enabling a next generation consumer experience;

               Infrastructure support related to growth in the Canopy Health network;

               Investment in joint ventures and acquisitions that the partners wish to jointly participate in.

PRINCIPAL ACCOUNTABILITIES

               Financial reporting including monthly financial statements and annual audit report of current and future joint ventures

               Develop a methodology and allocation of administrative costs

               Develop and report finances by project by improving the chart of accounts and tracking tools

               Manage outsourced accounting firm and facility maintenance firm

               Manage procurement and payroll processes and procedures

               Coordination of annual audit

               Ensure compliance with all tax regulations

               Creation, adherence, and maintenance of accounting policies and procedures including internal controls

            Develop relationships with IT and facility project managers and teams to manage budgets including capital projects (IT and facility)  and operating

               Ensure proper facility asset tracking and maintenance including inventory counts

               Develop annual forecasts and budgets on a periodic basis for presentation to the Finance Committee

               Establish and maintain business licenses where required (i.e. City of Berkeley), and manage payment of any fees and local taxes

               Assist in development and implementation of ROI optimization plans for projects in service.

               Assist in review and forecasting of new and existing business plans.

               Drives initiatives by leveraging technology to improve processes and controls to support periodic and year-end accounting close.

               Leads the development, implementation, and maintenance of automated solutions to optimize business processes.

               Defines, introduces, and manages solutions to improve access to financial data and assist with financial analytics and reporting.

               Develops deliverables and implementation schedules, monitors timelines, and identifies potential risks for each assigned initiative

               Leads and takes ownership of assigned projects; ensure project goals are timely met; maintain detailed project documentation

               Designs and manages key performance metrics that drive performance and demonstrate effectiveness.

               Ensures financial systems are used as designed and processes are being followed.

               Assists with implementation of best practices

               Keeps current with technology trends and issues relative to financial and accounting systems.

         Acts as a leader and thought partner to functional business leaders, identifying areas of opportunity and risk, and developing strategies to address and drive continuous improvement.

               Performs other duties as assigned.


Minimum Requirements (Education/Experience/Skills/Certifications)

Education/License:

               Bachelor’s Degree in Accounting or Finance related field

               CPA preferred

 

Experience:

               Minimum 5 years in related field

Knowledge/Skills Required:

               Microsoft Office proficient

               Intacct and Bill.com experience preferred

               Excellent time management, analytical and communication skills. Detail orientated.

               Communicate complicated matters in a simple, structured way to senior management and board of directors.

               Own and communicate relationship across programs, using roadmaps and scorecards to articulate the gap between business strategy and current performance, and strategic initiatives to close the gap.

               Financial planning expertise, including development of business cases for strategic and technology initiatives.

               Strong business acumen, business judgement and analytical skills.  Experienced with harnessing ambiguity.

               Proficient at working with senior leadership across multiple organizations to set and manage expectations.

               Effective organizational, prioritizing, negotiation, interpersonal influencing and stakeholder management skills.

               Proven track record to establish/maintain relationships and deliver results across networks. 

               Strong leader, mentor and trainer.  Passion for developing people, process and tools for corporate longevity.



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