Chief Financial Officer Texas Behavioral Health Center

UT Southwestern Medical Center • Dallas, TX

48d

About The Position

The Chief Finance Officer (CFO) for the Texas Behavioral Health Center (TBHC) serves as the senior executive responsible for the strategic oversight, planning, and management of all financial functions of the organization. TBHC is a state-funded psychiatric hospital in Dallas with approximately 296 beds, offering comprehensive inpatient psychiatric care for adults and children, and serves as a cornerstone in expanding Texas's mental health infrastructure. The TBHC CFO ensures that TBHC's financial operations support high-quality behavioral health services while complying with state laws, policies, and the biennial appropriations process. The TBHC CFO provides leadership in developing financial strategies, ensuring transparency, and optimizing use of state-allocated resources to advance the mission of TBHC and UT Southwestern. The TBHC CFO will report directly to the TBHC Chief Executive Officer with a dotted-line/matrix reporting structure to the UT Southwestern Health System Chief Finance Officer.

Requirements

• Master's Degree in Business Administration, Finance, Accounting, or a related field.
• 10 years of progressively responsible financial experience within a distinguished academic medical center, major teaching hospital, or multi-hospital system.
• Work requires excellent presentation skills and experience in working with a senior executive team in business planning and financial strategy development.
• Work requires a track record of strong financial, analytic and problem solving capabilities. The ability to see the broader implications of key decisions with an appreciation for operations.
• Work requires experience developing and executing on a disciplined growth strategy.
• Work requires outstanding business development skills.
• Work requires a strong business orientation with the ability to "go beyond the numbers" in helping the senior executive team identify and develop opportunities for increasing revenue, reducing expense and strengthening the organization's financial performance.
• Work requires current training on and experience with today's management philosophies such as the use of information technology and process improvement tools.
• Work requires a proven leader of people who is able to recruit, develop and mentor a top-notch financial team capable of supporting future growth. Someone known to have developed a high performance team.

Nice To Haves

• (CPA) CERT PUBLIC ACCOUNTANT
• Experience with EPIC and PS would be a plus.

Responsibilities

• Develops and articulates the financial vision and strategy for TBHC, ensuring alignment with organizational goals and the constraints and opportunities of the state-funded environment.
• Advises senior leadership on financial implications of strategic and operational decisions, particularly within the context of behavioral health service delivery.
• Leads the development, management, and oversight of TBHC's biennial operating and capital budgets, ensuring compliance with state appropriations, guidance from the Texas Health and Human Services Commission (HHSC), and all relevant statutes.
• Monitors expenditures and forecasts financial needs, proactively identifying variances and recommending adjustments to remain within biennial allocations.
• Ensures budget transparency and accuracy in all reporting to state oversight bodies.
• Oversees all financial operations, including accounting, purchasing, accounts payable/receivable, payroll, internal controls, and financial compliance.
• Maintains strong internal controls to safeguard state assets and ensure fiscal integrity.
• Provide financial guidance with respect to reducing operating costs; develop and implement a financial strategic plan that enhances the Hospital's operations plan and cash position.
• Ensures compliance with all applicable state and federal regulations, HHSC policies, audit guidelines, and reporting requirements.
• Prepares or oversees the preparation of financial reports, cost analyses, legislative reports, and other documentation required by state agencies.
• Serves as the primary liaison for internal and external auditors, ensuring timely responses and corrective actions when needed.
• Identifies opportunities to improve financial efficiency, cost effectiveness, and value in behavioral health service delivery.
• Oversees financial planning for major initiatives, infrastructure needs, technology investments, and operational improvements.
• Partners with clinical and administrative leaders to ensure that financial decisions support high-quality patient care, safety, and compliance.
• Serves as a key spokesperson for financial matters within TBHC, advising leadership, governing bodies, and other stakeholders on financial performance and long-term sustainability.
• In partnership with the TBHC CEO and other Health System leadership, collaborates with state agencies, including HHSC and legislative stakeholders, to align financial operations with state-level policy goals and reporting expectations.
• Ensures TBHC finance teams are trained on state financial procedures, budget cycles, and compliance requirements.
• Works closely with nursing, clinical, operational, and administrative leaders to align resource planning with patient care needs and behavioral health priorities.
• In collaboration with Health System, provides information to and engages in payor negotiations, as needed.
• Participates in organizational planning, performance improvement initiatives, and long-range strategic development.
• Performs other duties as assigned.

Benefits

• PPO medical plan, available day one at no cost for full-time employee-only coverage
• 100%25 coverage for preventive healthcare-no copay
• Paid Time Off, available day one
• Retirement Programs through the Teacher Retirement System of Texas (TRS)
• Paid Parental Leave Benefit
• Wellness programs
• Tuition Reimbursement
• Public Service Loan Forgiveness (PSLF) Qualified Employer

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees