Director of Budget and Financial Reporting

Director of Budget and Financial ReportingSEARCH EXTENDED - NOVEMBER 27, 2026

Hiring Department:
Finance

Location:

Chicago, IL USA Requisition  Close Date:
June 1, 2026

Salary:  The salary range of
employees currently holding equivalent position is $162,154 - $200,298.About the University of Illinois Hospital & Health Sciences System (UI Health)
The University of Illinois Hospital & Health Sciences System (UI Health) provides comprehensive care, education, and research to the people of Illinois and beyond. UI Health comprises a clinical enterprise that includes a Joint Commission-accredited tertiary care hospital and outpatient clinics, and the Mile Square Health Center network of federally qualified health centers. It also includes the seven UIC health science colleges: the College of Applied Health Sciences;

the College of Dentistry; the School of Public Health; the Jane Addams College of Social Work; and the Colleges of Medicine, Pharmacy, and Nursing, including regional campuses in Peoria, Quad Cities, Rockford, Springfield, and Urbana. UI Health is dedicated to the pursuit of health equity. Learn more:
This position is intended to be eligible for benefits. This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.

Description:

Position Summary The Director of Budget and Financial Reporting is a senior
Academic Professional responsible for leading the development, integration, and
oversight of the University of Illinois Hospital and Health Sciences System
operating and capital budgets, financial reporting, and long-range financial
planning activities. Reporting within the Finance leadership structure, this
role serves as a key financial advisor to executive leadership, clinical and
administrative leaders, and University partners.

The Director plays a critical role in ensuring financial
transparency, stewardship of public resources, and alignment between
institutional strategy, operational performance, and University reporting
requirements within a complex academic medical center environment.

Duties & Responsibilities Budget Development and Financial Planning Lead the annual operating and capital budget process for the
hospital and affiliated entities

Develop budget assumptions, guidance, timelines, and
standardized methodologies

Review departmental budget submissions for accuracy and
alignment with institutional priorities

Partner with leadership to evaluate staffing, clinical,
academic, and capital initiatives

Monitor budget performance and provide variance analysis and
forecasts

Financial Reporting and Stewardship Oversee preparation of monthly, quarterly, and annual
financial reports

Ensure compliance with accounting standards, University
policies, and regulations

Translate financial results into clear executive level
narratives

Support audits and promote transparency and accountability

Strategic and Long Range Financial Analysis Support multiyear financial forecasts and long range plans

Analyze financial impacts of strategic initiatives and
regulatory changes

Leadership and Collaboration Lead and develop professional staff

Serve as a trusted advisor to leadership

Collaborate with University finance partners and College of
Medicine leadership

Perform other related duties and participate in special
projects as assigned.

Qualifications:

Minimum Qualifications Bachelor’s degree in Finance, Accounting, Business Administration, or related field.

Seven or more years of progressive experience in healthcare finance or budgeting.

Experience managing complex budgets in large organizations.

Strong analytical and communication skills.

Experience supervising professional staff.

Preferred Qualifications Master’s degree in Business Administration, Healthcare Administration, Finance, or Accounting.

CPA, CMA, or similar certification.

Experience in an academic medical center or public healthcare environment.

Knowledge of hospital reimbursement and funds flow models.

The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.

The university provides accommodations to applicants and employees. Request an…