Assistant Vice President for Finance and Controller

2 weeks ago


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

Penn State University is seeking a highly experienced and skilled financial executive to serve as the Assistant Vice President for Finance and Controller at the Penn State College of Medicine. The successful candidate will provide strategic leadership in financial oversight and stewardship of University resources, collaborating closely with financial, academic, and clinical leadership to advance the academic missions of biomedical and health sciences research and education.

Responsibilities
  • 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.
  • 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
  • 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.
  • 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.


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