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Financial Operations Manager

4 months ago


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Qualifications Bachelor's degree in Finance, Accounting, Business Administration, or a related field. Advanced degree (e.g., MBA, JD) preferred. Professional certification in finance or compliance (e.g., CPA, CFE, CCEP) desirable. Proven experience in finance, compliance, or related fields, preferably in technology transfer, research administration, or intellectual property management. Strong understanding of financial principles, budgeting processes, and financial reporting. Familiarity with regulatory frameworks governing technology transfer, including intellectual property laws, export controls, and research compliance. Excellent analytical skills with the ability to interpret complex financial and regulatory information. Exceptional communication and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders. Detail-oriented approach with a commitment to accuracy and integrity in financial and compliance activities. Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment. Conditions of Employment The Opportunity This position will join the Jefferson Technology Transfer (TTO) team as the Finance and Operations Manager. The selected applicant will be on-site with primary responsibility for working with the TTO team to support finance, operations, and compliance. The ideal candidate will possess a strong background in finance, coupled with a keen understanding of regulatory frameworks governing technology transfer activities. This role offers an exciting opportunity to contribute to the growth and success of innovative ventures in the technology sector. Key Responsibilities Financial Management Develop and maintain financial policies and procedures specific to technology transfer activities. Oversee budget preparation, financial forecasting, and analysis for technology transfer projects. Monitor expenditures against budgets and provide regular financial reports to stakeholders. Coordinate financial transactions, including invoicing, payments, and reimbursement processes. Responsibility Compliance Management Stay abreast of regulatory requirements and best practices related to technology transfer activities. Ensure compliance with relevant laws, regulations, and contractual obligations. Conduct periodic audits and reviews to assess compliance with financial and regulatory standards. Provide guidance and support to internal stakeholders on compliance-related matters. Provide required reporting of inventions and of development, management, and disposition of intellectual property as required by federal regulations. Provide data and analysis to support compliance with terms of sponsored research and other agreements . Contract Management Knowledge of patent management software such as Inteum / Minuet. The ideal candidate will bring significant experience in IP records management within a dynamic commercialization environment. Ensure compliance with government regulations and with obligations to research sponsors and other partners. Monitor and/or review agreements to ensure contractual financial and performance compliance. Issue invoices for patent/legal expenses and license income. Distribute royalty income to partners, inventors, departments and colleges. Track reporting requirements to funders, including Federal research sponsors. Report inventions, patent filings, and license income as required by funders, including Federal research sponsors. Maintain informational databases to meet any office needs including License and Invention Reporting Compliance. Continuous Improvement Identify areas for process improvement and efficiency gains in finance and compliance workflows. Implement enhancements to systems and procedures to streamline operations and mitigate risks. Participate in strategic planning initiatives to support the long-term goals of the technology transfer office. Closing Statement Jefferson includes Thomas Jefferson University and Jefferson Health, a dynamic university and health system with broad reach across the Delaware Valley. Jefferson is the second largest employer in Philadelphia and the largest health system in Philadelphia based on total licensed beds. Through the merger of Thomas Jefferson University and Philadelphia University in 2017, our University includes ten colleges and four schools. We are an NCAA Division II university and an R2 national doctoral university offering undergraduate and graduate-level programs that provide students with a forward-thinking education in architecture, business, design, engineering, fashion and textiles, health, medicine and social science. Jefferson Health, the clinical arm of Thomas Jefferson University, has grown from a three-hospital academic health center in 2015, to an 18-hospital health system through mergers and combinations that include hospitals at Abington Health, Aria Health, Kennedy Health, Magee Rehabilitation and Einstein Healthcare Network. We have over 50 outpatient and urgent care centers; ten Magnet®-designated hospitals (recognized by the ANCC for nursing excellence); the NCI-designated Sidney Kimmel Cancer Center (one of only 70 in the country and one of only two in the region); and one of the largest faculty-based telehealth networks in the country. In 2021, Jefferson Health became the sole owner of HealthPartners Plan, a not-for-profit health maintenance organization in Southeastern Pennsylvania. We are the first health system regionally to create an aligned payer-provider partnership. Jefferson's mission, vision and values create an organization that attracts the best and the brightest students, faculty, staff, and healthcare professionals, as well as the most visionary leaders to drive exceptional results. OUR MISSION: We improve lives. OUR VISION: Reimagining health, education and discovery to create unparalleled value OUR VALUES: Put People First, Be Bold & Think Differently and Do the Right Thing As an employer, Jefferson maintains a commitment to provide equal access to employment. Jefferson values diversity and encourages applications from women, members of minority groups, LGBTQ individuals, disabled individuals, and veterans. Par Reference Code 105389