Chief Financial Officer Jobs in Dallas, TX

INTRODUCTION

Join our team and help launch the first state psychiatric hospital in Dallas-Fort Worth, where innovative caregivers will make a lasting impact on behavioral health in Texas.

The Texas Behavioral Health Center is a newly completed state-funded psychiatric hospital opening in Dallas’ Southwestern Medical District that is owned by the Texas Health and Human Services Commission (HHSC) and operated by UT Southwestern Medical Center.

When fully operational, the 505,000-square-foot facility will house 292 beds – 200 for adult patients and 92 for children and adolescents. As DFW’s first state-funded behavioral health hospital, it is designed to deliver state-of-the-art, patient-centered care in a modern and healing environment. The center provides comprehensive behavioral health treatment and features private patient rooms, abundant access to natural light and nature, and thoughtfully designed spaces that promote recovery. The hospital will also provide training to all behavioral health disciplines.

As employees of UT Southwestern, team members will join a world-class academic medical center committed to patient-centered care, innovation, interdisciplinary collaboration, and preparing patients for successful reintegration into their families and communities. With competitive benefits and a mission-driven culture, Texas Behavioral Health Center offers an unparalleled opportunity to make a lasting impact on mental health care in North Texas.

WHY UT SOUTHWESTERN?

With over 75 years of excellence in Dallas-Fort Worth, Texas, UT Southwestern is committed to excellence, innovation, teamwork, and compassion. As a world-renowned medical and research center, we strive to provide the best possible care, resources, and benefits for our valued employees. Ranked as the number 1 hospital in Dallas-Fort Worth according to U.S. News & World Report, we invest in you with opportunities for career growth and development to align with your future goals. Our highly competitive benefits package offers healthcare, PTO and paid holidays, on-site childcare, wage, merit increases and so much more. We invite you to be a part of the UT Southwestern team where you'll discover a culture of teamwork, professionalism, and a rewarding career!

JOB SUMMARY

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.

BENEFITS

UT Southwestern is proud to offer a competitive and comprehensive benefits package to eligible employees. Our benefits are designed to support your overall wellbeing, and include:

• PPO medical plan, available day one at no cost for full-time employee-only coverage
• 100% 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

ESSENTIAL FUNCTIONS

Job Duties:

• 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.
• Provides financial guidance with respect to reducing operating costs; develops and implements 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.

QUALIFICATIONS

Education and Experience

Required Education:

Master's Degree in Business Administration, Finance, Accounting, or a related field.

Experience:

10 years of progressively responsible financial experience within a distinguished academic medical center, major teaching hospital, or multi-hospital system.

Preferred Licenses and Certifications

(CPA) CERT PUBLIC ACCOUNTANT

Knowledge, Skills and Abilities

• 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.
• Experience with EPIC and PS would be a plus.
• 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.

PHYSICAL DEMANDS/WORKING CONDITIONS

Physical Demands

• Sitting
• Talking

Working Conditions

• Office Setting

PACT STATEMENT

The following is the acronym, "PACT", and is fundamental to all non-clinical positions at UT Southwestern Medical Center:

P - Problem Solving: Employees take ownership in solving problems effectively, efficiently, and to the satisfaction of customers, or managers. They show initiative in addressing areas of concern before they become problems.

A - Ability, Attitude and Accountability: Employees exhibit ability to perform their job and conduct themselves in a professional and positive manner reflecting a professional environment readily assuming obligations in a dependable and reliable manner.

C - Communication, Contribution, and Collaboration: Who are our Customers? Anyone who requests our help, needs our work product, or receives our services. Employees focus on customer service with creative solutions while improving the customer experience through clear, courteous, and timely delivery and communication. Sharing ideas with others helps expand our contribution to department goals.

T - Teamwork: Employees work to contribute to the department's success by supporting co-workers, promoting excellence in work product and customer service, and in maintaining a satisfying, caring environment for each other.

Salary

Salary Negotiable

Security

This position is security-sensitive and subject to Texas Education Code 51.215, which authorizes UT Southwestern to obtain criminal history record information.

EEO Statement

UT Southwestern Medical Center is committed to an educational and working environment that provides equal opportunity to all members of the University community. As an equal opportunity employer, UT Southwestern prohibits unlawful discrimination, including discrimination on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, gender expression, age, disability, genetic information, citizenship status, or veteran status.