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Executive Director, Financial Operations for School of Medicine

Employer
University of Maryland Baltimore
Location
Baltimore, MD

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Job Details

Job Description
The University of Maryland, Baltimore (UMB), University of Maryland School of Medicine is currently recruiting for an Executive Director, Financial Operations.  The Executive Director, Financial Operations of the University of Maryland School of Medicine reports to the Assistant Dean of Finance, this position provides general day-to-day leadership for financial operations for the School of Medicine (SOM) including establishing, monitoring, and reporting of all school budgets, including campus reporting requirements. The position is responsible for budget, financial analysis, financial transactions processes, and cash management to be performed in compliance with regulations and policies. 
Benefits Information:
UMB offers a generous benefits package, which includes 22 vacation days, 14 floating and holidays, 15 sick days; comprehensive health insurance and retirement options; and tuition remission for employees and their dependents at any of the University System of Maryland schools. 
Essential Functions:
  • Direct the day-to-day management activities of the SOM Dean’s Office working and operating unit budgets, academic commitments, financial analysis/projections/reporting, and management of finance/accounting personnel responsible for payroll, purchasing cards, and account reconciliations. This includes interfacing with the Faculty Physician’s Inc (FPI) financial leadership to monitor external funding and spending.
  • Broadly, this person is responsible for the timely submission and accuracy of campus required budget/financial reporting requirements for the School of Medicine. 
  • Currently a shadow account software is used to monitor the use of external sources of funding from FPI and affiliated Foundations. This person will need to learn and utilize this system on a regular basis.
  • Serve as a senior advisor to the Assistant Dean of Finance for strategic financial initiatives including the funding of the education, research and clinical missions across the SOM.
  • As needed, establish and maintain policies and procedures with regard to internal accounting controls and school budgets, accounting, and disbursements practices as required by campus.
  • Annual budget and reporting for the Dean’s Office unit expenditures and funding of these units.
  • Maintain financial management systems and internal controls required to ensure that the school’s commitment, operating, and cash management accounts are safeguarded and that accounts are appropriately maintained in order to ensure accurate financial data.
  • Responsible for annual budget process as required in the Quantum financial system including proper training and monitoring of budgets, in conjunction with campus financial personnel.
  • Acts as primary liaison between school financial department and key customers and campus partners such as UMB Financial Services, UMB Budget Office, UMBF, UMMC, and UMFPI on operational issues and GAAP reporting matters
  • Works with the schools' leadership on the strategic vision including fostering and cultivating stakeholder relationships on campus, and state levels, as well as assisting in the development and negotiation of contracts.
  • Creates a cohesive work team that works collaboratively to achieve unit's goals. Oversees the recruitment, performance, and training of team members and continually reviews strengths and weaknesses of staff to maintain a well-trained, highly involved, and motivated team.
  • Performs other related duties as assigned.


Qualifications
Education: Bachelor's degree in accounting, finance, business administration, or business-related field required. 
Experience: Ten (10) years of accounting, budgeting, auditing, assessment of internal controls, and financial analysis and reporting. 
Supervisory: Five (5) years of direct management involved in the recruitment, training, and professional development of staff with direct responsibility for the performance evaluation and assessment of staff.
Preferred: Master's degree in Business related fields and/or a CPA license; Experience with an SAS cloud based financial system and database financial reporting.
Other: Financial disclosure reporting required by State of Maryland Ethics Commission.
                                  
Hiring Range: Commensurate with education and experience 
If accommodations are needed for a disability, please contact Staffing & Career Services at 410-706-2606, Monday – Friday, 8:30am – 4:30pm EST.  Maryland Relay can be accessed by dialing 711 (in-state) or 1-800-735-2258. 
UMB is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law or policy.

Job: Reg or CII Exempt Staff
Shift: Day Job
Organization: School of Medicine - Resource Management
Job Posting: Nov 4, 2020
Unposting Date: Ongoing

Organization

Welcome to the Baltimore campus of the University of Maryland, founded in 1807 along a ridge in what was then called Baltimore Town. Today, this 61-acre research and technology complex encompasses 65 buildings in West Baltimore near the Inner Harbor.

The University is Maryland's only public academic health, human services, and law center. Seven professional and graduate schools train the majority of the state's physicians, nurses, dentists, lawyers, social workers, and pharmacists.

Under the leadership of President Jay A. Perman, MD, the University is a leading partner in the redevelopment of the west side of Baltimore. The University of Maryland BioPark, which opened in October 2005, promotes collaborative research opportunities and bioscience innovation.

Sponsored research totaled $567.1 million in Fiscal Year 2010. With 6,349 students and 6,717 faculty members and staff, the University is an economic engine that returns more than $15 in economic activity for every $1 of state general funds appropriation. The University community gives more than 2 million hours a year in service to the public.

Mission


The University of Maryland, Baltimore (UMB) is the State¹s public health, law and human services university devoted to excellence in professional and graduate education, research, patient care, and public service. As a diverse community of outstanding faculty, staff and students, and using state-of-the-art technological support, we educate leaders in health care delivery, biomedical science, global health, social work and the law. We emphasize interdisciplinary education and research in an atmosphere that explicitly values civility, diversity, collaboration, teamwork and accountability. By conducting internationally recognized research to cure disease and to improve the health, social functioning and just treatment of the people we serve, we foster economic development in the City, State, and nation. We are committed to ensuring that the knowledge we generate provides maximum benefit to society and directly enhances our various communities.

 

Campus Data

University Facts at a Glance

 

Go to the Office of Institutional Research and Accountability for complete campus facts. 

 

Equal Opportunity


The University of Maryland is an Equal Opportunity/Affirmative Action employer and educational institution and does not discriminate on the basis of race, color, religion, age, ancestry, national origin, gender, sexual orientation, physical or mental disability, marital status or veteran's status to recruit, hire, compensate, train and promote employees and applicants for employment in all job levels with regard to their qualifications and without consideration to the aforementioned categories. Exceptions to this policy will be made only as allowed by law for example, due to bona fide occupational qualifications or lack of reasonable accommodations for disabilities.

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