Director Finance and Business Operations
24 hours ago
The Director of Finance and Business Operations is the business leader of the department(s) that he/she supports. Working in conjunction with the chair of the department, the Director provides overall administrative management of the business-related functions of the academic, clinical, and mission area enterprise including budget, facilities and space, finance, grant administration (pre- and post-award), human resources, and information technology.
This position is functionally aligned through Finance and operationally assigned to the Unit(s) or Department(s). This role has a matrixed reporting relationship to the Department Chair and the AVP of Finance and Business Operations leader for the Mission area.
Primary Responsibilities: Strategy:- Establish a budget based on the short- and long-term needs of the department(s) and institution.
- Serve as the principal business officer responsible for leading and overseeing all financial management and mission‐based management affairs.
- Plan, direct, and participate in operational excellence programs related to mission‐based management principles.
- Direct and supervise administrative staff in areas including requisitions, purchasing, financial reporting, and performance evaluations.
- Maintain an effective system of internal controls that is compliant with policies and procedures.
- Ensure alignment of financial and operational practices across MSM.
- Develop, improve, and maintain financial models to manage the annual operating budget.
- Lead the annual budgeting process, coordinating across functional teams.
- Steward and optimize the use of funds and monitor financial health.
- Manage department P&L, run proformas, and ensure accountability for budget adherence.
- Build internal systems for contracting and procurement.
- Establish effective systems of record management in compliance with accounting procedures.
- Collaborate with leaders of other programs for optimal results in financial management.
- Facilitate faculty compensation plan data analytics.
- Provide guidance and training to staff and faculty for compliance with internal controls.
- Represent the chair in administrative meetings.
- Supervise the Manager of Administration and Finance and other finance staff.
- Ensure timely and accurate execution of all personnel actions.
- Maintain accurate pay practices and payroll reconciliation.
- 10+ years of experience in finance and business operations.
- Experience in financial modeling and managing compliant financial systems.
- Strong analytical, financial, and organizational skills.
- Proven record of overseeing financial matters for an organization.
- Ability to cultivate effective relationships with various professionals.
- Excellent communication, time management, and organizational abilities.
- Advanced knowledge of Excel and other Microsoft Office programs.
- Familiarity with Banner or other ERP systems.
- Bachelor’s degree from a regionally accredited college or university.
- Minimum 7+ years of progressive finance and business operations experience.
- Demonstrated financial acumen and budget management skills.
- Experience supervising others.
- Strong interpersonal and communicative skills.
- Highly detail-oriented with the ability to convey complex information simply.
- Undergraduate discipline in Finance, Accounting, or related business discipline and Master’s degree.
- Prior work experience in an academic, clinical, and/or mission area institution.
- 15+ years of experience in finance and financial planning.
- Experience in implementing the strategic mission of the institution.
- Understanding of pre- and post-award grant processes.
Open Until Filled: Yes
Special Instructions to Applicants:No staffing or recruitment agencies.
EEO Statement Summary:Morehouse School of Medicine is an equal opportunity employer committed to achieving a diverse workforce.
Pre-Employment Requirements:All offers of employment are contingent upon successful completion of all pre-employment screenings.
Immunization Requirements:Proof of vaccination against COVID-19 and Seasonal Influenza is required.
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