Assistant Dean for Finance
Hyde Park Campus
2010053 BSD Senior Administration
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.
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.
- Lead financial management activities of the BSD by addressing key strategic issues related to service, education, and research.
- Responsible for establishing and communicating financial goals driven by these strategic initiatives across the enterprise.
- 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.
- Provide financial guidance to department chairs and administrators and advise them how financial changes at the Divisional level impact their departments.
- Manage, plan and organize the financial operations of the BSD, including implementing sound financial planning, business analytics and financial controls.
- Participate in the development of multiyear financial plans, both operational and capital, allowing for the successful management of the BSD.
- Work 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.
- Facilitate development of enterprise operating and capital budgets and cash flow goals, and coordinate the overall development of budgets and the budgetary monitoring and reporting processes across all departments and units.
- 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.
- Manage the budget planning process in conjunction with the executive teams of the respective operating units.
- 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.
- Bachelor's degree with emphasis in finance or business
- Master's degree in a related field preferred
- Fifteen years of progressively responsible professional experience in financial planning, budgeting, analysis, forecasting, modeling, accounting, auditing, financial control systems and regulatory compliance
- Significant experience advising or working for a complex, research-intensive academic medical center
- Demonstrated understanding of both FASB & GASB accounting principles
- 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
- Previous experience working in a cost conscious, tightly controlled business setting that regularly employs benchmarking
- Knowledge of financial information management and computer information technology
- 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.
- Cover Letter
NOTE: When applying, all required documents MUST be uploaded under the Resume/CV section of the application
Depends on Qualification
Scheduled Weekly Hours
Job is Exempt?
Drug Test Required?
Does this position require incumbent to operate a vehicle on the job?
Health Screen Required?
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