Assistant Dean for Finance

Location
Chicago
Posted
Jun 21, 2017
Executive Administration Jobs
Deans
Institution Type
Four-Year Institution
About The Unit: The University of Chicago is a private, non-denominational institution encompassing the undergraduate College, six professional schools (Business, Law, Divinity, Public Policy, Medicine and Social Service Administration), four graduate divisions (Biological Sciences, Humanities, Physical Sciences, and Social Sciences) and the University Of Chicago Medical Center. The broader University enterprise includes Argonne National Laboratory, Fermilab, and Yerkes Observatory. The Biological Sciences Division (BSD) and the University of Chicago Medical Center (UCMC) are managed by a single Dean/Executive Vice President and comprises the largest unit of the University and has an annual operating budget of $900M. The Medical Center oversees the finances and operations of all inpatient and ambulatory services. Physicians who provide patient care services are all appointed in one of the 13 clinical Departments within the BSD. The BSD includes the Pritzker School of Medicine, approximately 24 academic units, degree granting committees, and research centers and institutes. The BSD houses approximately 2,200 staff employees and approximately 800 academic appointees as well as 1,000 professional and graduate students.

Unit Job Summary: The Assistant Dean for Finance is an integral member of the management team serving as the primary source of expertise for the Division's financial operations and processes. S/he has oversight of resources planning and is entrusted with providing fiscal and business control processes and decision support. The Assistant Dean of Finance will lead financial management activities of the BSD by addressing key strategic issues related to service, education, and research. S/he will be responsible for establishing and communicating financial goals driven by these strategic initiatives across the enterprise. S/he will provide or support BSD's capital planning and assist in decision-making related to deployment of financial resources to strategically drive initiatives in response to rapidly changing clinical or academic environments. The Assistant Dean of Finance will work with key members of the University leadership team to develop, interpret, coordinate and communicate BSD policies on finance, accounting, budgeting, insurance, financial accounting systems, internal controls and auditing. S/he will provide financial guidance to department chairs and administrators and advise them how financial changes at the Divisional level impact their departments. The Assistant Dean of Finance will be responsible for managing, planning and organizing the financial operations of the BSD, including implementing sound financial planning, business analytics and financial controls. S/he will participate in the development of multiyear financial plans, both operational and capital, allowing for the successful management of the BSD. Lead, staff, communicate and participate in BSD finance initiatives. S/he works with financial managers of the operating units to maintain a cash management strategy on behalf of the BSD. Coordinate the development and maintenance of the enterprise finance organization in a way that is viewed as transparent, accountable, responsive, inclusive and service-oriented to all users. The Assistant Dean of Finance will facilitate development of enterprise operating and capital budgets and cash flow goals, and will coordinate the overall development of budgets and the budgetary monitoring and reporting processes across all departments and units. S/he will manage the central BSD budget office and provide consultative advice to senior leadership in building the annual budget for the BSD, including the development of annual guidelines, revenue targets, and long range plans. S/he will manage the budget planning process in conjunction with the executive teams of the respective operating units.

Unit Education: Bachelor's degree with emphasis in finance or business required. Master's degree preferred.

Unit Experience: Fifteen years of progressively responsible professional experience in financial planning, budgeting, analysis, forecasting, modeling, accounting, auditing, financial control systems and regulatory compliance required. Ten years of progressively responsible experience within a complex, research-intensive university required. Five years of supervisory experience required. Demonstrated understanding of both FASB & GASB accounting principles required. Working knowledge and a strong understanding of the interdependence of education, research and patient care, and experience in each of these three missions within a complex research-intensive academic health center are essential required. Previous experience working in a cost conscious, tightly controlled business setting that regularly employs benchmarking required. Knowledge of financial information management and computer information technology required. Significant experience within an academic health sciences environment is strongly preferred. Working knowledge of clinical payment systems and familiarity with all sources of payment for clinical services and related incentive methodologies is preferred. Knowledge of research funding and appreciation for working in a research-intensive academic culture is highly preferred.

Unit Job Function Competencies: Exceptional communication and listening skills, ability to communicate comfortably with healthcare professionals locally and internationally, board and committee members, academic and healthcare professionals. Highly effective in verbal and written communication skills, including formulating recommendations and developing presentations. Proven financial management skills, including the ability to analyze data for budgeting, operations, auditing, and accounts receivable and reserve analysis, proforma preparation. Superb financial and critical thinker, one who understands operations and systems integration, yet takes a strategic business view of the research environment. Highly proficient mathematical and analytical skills. Systems oriented in his/her approach. A financial leader who understands quality to be a key driver to superior economic performance.