Senior Director, Financial Operations

Job Description

Directs the strategic planning, budget management, and accounting functions and ensures proper execution of fiscal activities of a large or multiple- academic, research, and/or organizational units. Directs all facets and phases of financial and administrative management in collaboration with the department head.

Responsibilities

• Manages and maintains 400 Dean’s commitments distributing approximately $40M of resources annually.
• Updates the annual general State revenue departmental allocation model and oversees the departments’ use of these resources.
• Works with department leaders to budget and spend endowment funds in alignment with donor intent and institutional polices.
• Coordinates the School’s annual inventory process, working with departments to complete all appropriate forms accurately and on time, and serves as the point-of-contact for the LSOM’s Finance Office inventory.
• Manages all non-practice plan staff salary and FTE change requests, ensuring financial sustainability, equity and appropriate staffing levels across all departments.
• Manages space renovation tracking and funding requests by department, coordinating with institutional and school leadership.
• Coordinates all recruitment and on-boarding for new and replacement department administrators.
• Directs the preparation of all Dean Office unit annual budgets, coordinating with each Vice Dean. Also directs fiscal year-end transactions for the Dean’s Office units.
• Prepares and submits required national, state and UT System annual staff and research surveys.
• Serves Designs, plans, develops, and implements the financial operations a large range of multiple academic and organizational units.
• Oversees operational and financial performance to ensure achievement of the department's goals and strategic initiatives.
• Drives operational and financial efficiencies and makes recommendations to optimize business performance.
• Manages variance analysis and forecasting activities assessing opportunities via business modeling, analysis and decision support to drive improved performance to align with the institutional mission.
• Provides data interpretation and education to ensure benchmark processes are interpreted and implemented correctly and are understood.
• Recommends strategies and solutions for analyzing and benchmarking various financial components of higher education.
• Management duties include interviewing, selecting and training employees; setting and adjusting pay rates and hours of work; planning and directing work; appraising productivity and efficiency, handling complaints/grievances and disciplining when necessary.
• Performs all other duties as assigned.
  
  

Qualifications

• Critical Thinking Skills - Ability to accurately identify, define and analyze problems and situations, and develop innovative solutions by visualizing new potentials, and rational and intuitive processes.
• Leadership - Ability to attract and mobilize energies and talents; motivate teams to work towards a shared purpose and high performance; and to collaborate across the institution to drive continuous improvement
• Communication - Ability to influence various stakeholders in ways that effectively capture interest, inform and gain support.
• Project Management - Ability to coordinate the planning, execution and change management components of to achieve desired results while balancing time, cost and quality.
• Teamwork - Builds and maintains positive working relationships, within individual work groups and across departments, through open communication and intentional collaboration; to accomplish goals and objectives.
• Business Acumen - Demonstrates a clear understanding of all areas of the business associated with an academic medical center (education, research, clinical care) including the needs of various – customers and stakeholders (students, trainees, faculty, community), accreditation and regulatory compliance requirements, resources, industry trends, technologies and best practices, and uses skills in collaborating, planning, prioritizing, decision-making, and resource allocation to drive desired results.
  
  

Required Skills

Ten (10) years of related experience, including at least three five (5) years of progressive supervisory experience is required.