University of Rochester Director of Finance, Neurology - 225683 in Rochester, New York
Director of Finance, Neurology Job ID 225683
School of Medicine & Dentistry
Full/Part Time Full-TimeFavorite Job
Full Time 40 hours Grade 055 Neurology - MC Admin M&D
8 AM-4:30 PM; WKNDS AS NEEDED
The Director of Finance plans, directs and implements the strategic financial initiatives in support of the Department of Neurology and the Medical Center. In alignment with the Department's clinical, research, and academic missions, and understanding the strategic goals of the Medical Center and the Department, achieves program wide goals/outcome expectations by managing, analyzing, and distributing financial and productivity data, building relationships and facilitating change. Utilizes strategic planning. problem solving, and team building skills to provide direction, gain consensus and engage faculty and staff. Advises the department Program Administrator and Chair on financial performance, and provides accurate, up-to-date financial information to Associate-Chairs, Division Chiefs and Administration of the Department of Neurology. Oversees accounting team and utilizes knowledge of the University policies and systems to, establish processes. guidelines and procedures to ensure proper internal controls and sound fiscal management of departmental and university resources. Works under the direction of the Program Administrator to deliver fiscally sound outcomes. Represents the Department of Neurology in interactions with Medical Center and Hospital Leadership, Departmental Administrators, external organizations, and others.
The Department of Neurology is a multidisciplinary enterprise comprised of 15 divisions with clinical and research missions, over 90 academic faculty, more than 250 staff. substantial residency and fellowship programs, and both inpatient and outpatient care delivered at numerous clinics and Regional hospitals. The department manages over 300 accounts with annual expenditures >$70M.
20% Leadership, Internal Controls, Workflow Management
Directs the day to day activities in the accounting office including processing of financial paperwork (PAFs, procurement, payment, etc.). monthly reconciliation and variance reporting. and internal control processes ensuring timely and accurate accounting reports are analyzed and reviewed. Reviews and approves financial paperwork. including but not limited to, Notices of Award, 312 requisitions, RFP's PAF's AJE's, etc. and holds signature authority. Hires, trains, and manages performance for members of the finance team including annual. and ongoing evaluations. Provides clear and appropriate expectations/standards. Coaches, develops and mentors members across the department to contribute to optimal fiscal management and fosters an expectation of accountability and recognition for teamwork. Communicates effectively and regularly with staff to set priorities and ensure successful completion of work. Develops standard processes and best practices for internal controls and strong fiscal management Implements best practice improvements to achieve maximum efficiency and effectiveness in all areas of finance.
15% Compensation Plan Management
Provides oversight. planning, implementation. reporting, education and periodic updating of the Faculty Compensation Plan. Ensures Department Faculty Compensation Plan is compliant with University Plan and serves as point of contact with institutional leadership, department leadership and faculty on understanding and adhering to the plan. Thinks creatively to marry compensation plan to department strategic plan looking for continuous improvement, monitoring and reporting on outcomes. Advises chair on compensation metrics, administration of the plan. and researches various national benchmarking data for comparison and use in department plan.
15% Business and Strategic Financial Planning
Collaborates with Department Leadership on development and execution of the Department's strategic initiatives. Builds the financial structure to support execution of the strategic plan. Implements the financial vision for the Department and advises administration on fiscal matters. In conjunction with the departments operational leadership. oversees the development of business plans and is responsible for final submission and presentation of business plans to institutional leadership. Monitors and reports on financial performance of plans and works with program administrator to hold operational teams accountable for executing plans. Identifies opportunities to collaborate with operations administrators on business improvement plans. Develops strong working relationships with Institutional finance teams.
15% Budget Development
Oversees the coordination, development and submission of the capital and operating budgets with department faculty and administration. Oversees creation of templates and tools to aid in consistent approach across the department to the budget submission. Sets expectations and provides direction to departmental leadership regarding budgetary objectives. Consolidates submission of department budgets to the divisions of the University (URMFG, SMH and SMD). Works to ensure strategic missions of the department and Institution are cohesive with budget submission. Represents department and presents department budget and performance to institutional leadership.
25% Fiscal Management, Reporting and Communication
Meets with Program Administrator, Chair, Division Chiefs, administration, staff, and others as appropriate on a routine basis to review financial reports, productivity and compensation reports, budget status and receive programmatic updates that impact operating programs. Reviews financial responsibilities and obligations with Program Administrator, Chair, Chiefs/Division Admins and consolidated reports to identify overall trends and note resource changes or needs for incorporation into budgets or as needed for variance reporting. Makes recommendations regarding staff allocations and spending priorities. Maintains continuous pulse on fiscal performance and holds department accountable for variances to budget/plan. Responsible for the creation and development of new reports to target department strategic initiatives and financial objectives. Represents the Department and the Department's needs and positions to Medical Center and Hospital Leadership as it relates to finance. Provides routine report on fiscal performance to department and institutional leadership at various meetings including Division Chiefs meetings, Neurology Executive Administration Team meetings, Department Town Halls, Joint oversight Committee, etc.
10% Policies and Ad Hoc
Keeps current with industry and University regulations, policies and develops departmental specific guidelines and policies Including signature policy, internal controls policies, professional expense policy, and creates/maintains standard operating procedures for the finance team. Represents the Department on institutional committees and workgroups, and strategic planning groups/special projects as it pertains to the implementation of the financial mission and vision including but not limited to: Compensation, Productivity Reporting, Financial Reporting, Metric Reporting, Benchmarking, etc.
Other duties as assigned.
Bachelor's degree and 5 years relevant experience including at least 2 years at a managerial level; or equivalent combination of education and experience. Master's degree, equivalent course work, or specialized experience in an appropriate field related to the assignment Is desirable.
Strong leadership experience preferred. Background and experience in financial management and accounting strongly desired.
Advanced Excel Skills, knowledge of healthcare Industry, budgeting and payroll procedures. Experience with UR accounting systems and procedures preferred.
Strong interpersonal, presentation, and communication skills, including written communication.
Strong analytical skills, problem-solving ability, and ability to work both independently and collaboratively within a team.
Strong organizational skills, attention to detail, and ability to manage multiple projects and priorities.
How To Apply
All applicants must apply online.
EOE Minorities/Females/Protected Veterans/Disabled