Assistant Vice President for Finance and Business

4 days ago

Hershey, Pennsylvania, United States Penn State University Full time
Job Summary:

The Penn State University seeks an experienced financial executive to serve as the Assistant Vice President for Finance and Controller. This highly responsible and visible member of the Senior Management Team will provide strategic leadership in the financial oversight and stewardship of University resources at the Penn State College of Medicine. The position collaborates closely with the financial, academic, and clinical leadership at Penn State University, Penn State Health, and the Penn State Health Milton S. Hershey Medical Center to advance the academic missions of biomedical and health sciences research and education at the Penn State College of Medicine campus in Hershey, PA.

Responsibilities:
  • The Assistant Vice President for Finance will oversee and provide leadership for the Penn State College of Medicine finance, including the development and alignment of the Penn State College of Medicine's long-range financial plan, aligning with broader University strategic initiatives in support of biomedical and health sciences research and education.
  • Steward University-owned assets at the Milton S. Hershey Medical Center campus, working in collaboration with the Penn State Health Chief Financial Officer as fiduciaries of the Master Affiliation Agreement between Penn State University and Penn State Health.
  • Oversee and update various agreements set forth by the Master Affiliation Agreement between Penn State University and Penn State Health, including the Academic Support Payment, Facility Use Agreement, and Intercompany Services Agreement.
  • Work with the Dean, Vice Deans, Institute Directors, and Department Chairs to lead the development of the College of Medicine's annual operating and capital budgets.
  • As the Controller for the Penn State College of Medicine, work collaboratively with the Associate Vice President for Finance and Controller, Penn State University, to provide day-to-day oversight of all control functions, including accounting and budgeting, payroll, accounts payable, and research, endowment, and gift funds.
  • Oversee management of the Penn State College of Medicine revenues and expenses, including contract and agreement negotiation and execution, as well as cost allocations.
  • Serve as a key member of the Penn State University Finance and Business Leadership Team, the Dean's Leadership Team, Penn State Hershey Executive Council, Clinical Leadership Forum, and Penn State Hershey Facilities Resources Board.
  • Prepare and make executive presentations before the Penn State University Board of Trustees and the Finance, Business, and Capital Planning Committee on proposed action items and informational briefings related to the Penn State College of Medicine.
  • Answer complex inquiries requiring explanation, persuasion, and interpretation of policies to faculty, staff, and students.
Qualifications:

Education:
  • A Master's Degree in Business Administration, or related field (e.g., Public Administration, Health Administration, etc.) from an accredited institution and/or a CPA designation.
Experience:
  • Minimum seven to ten years of experience in a senior financial management leadership role managing financial and business functions in a large complex organization, preferably in an academic healthcare organization, with matrixed and interdependent reporting relationships.
  • Strong preference for executives with management experience within a similarly organized research-oriented, academic medical center and college of medicine or experience in higher education environment with working knowledge of tuition revenue, gifts, and endowments, as well as of emphasis on education and research.
Competencies:
  • Demonstrates confidence and past effectiveness in working collaboratively with academic executives across broad financial matters, including budgeting, cost allocations, and containment and compensation.
  • Strong interpersonal skills necessary to interact with all levels of organizational management.
  • Highly collaborative with exceptional communication skills, both verbal and written.
  • Proven ability to develop and present financial/budgetary information to a variety of internal and external audiences.
  • Superior problem-solving skills necessary to organize, plan, and execute full scope of operational activities.
  • Demonstrate the ability to contribute to and support the professional growth and development of direct and indirect reports.
  • Results-oriented with high level of energy and a passion for continuous improvement and innovation; an effective communicator who brings a track record of superior mentoring, consensus building, teamwork, and interpersonal skills; a strong service orientation, sense of integrity, and commitment to diversity; an entrepreneurial leader willing to apply data-informed decision-making in recommending calculated risks in appropriate situations; unquestioned integrity with a track record of seeking excellence.
Required Application Documents:
  • Cover Letter
  • Resume/CV
Employment will require successful completion of background check(s) in accordance with University policies.

The Pennsylvania State University is committed to and accountable for advancing diversity, equity, and inclusion in all of its forms. We embrace individual uniqueness, foster a culture of inclusive excellence that supports both broad and specific diversity initiatives, leverage the educational and institutional benefits of diversity, and engage all individuals to help them thrive. We value inclusive excellence as a core strength and an essential element of our public service mission.

CAMPUS SECURITY CRIME STATISTICS:

Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here.

Employment with the University will require successful completion of background check(s) in accordance with University policies.

EEO IS THE LAW

Penn State is an equal opportunity, affirmative action employer, and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact

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