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Director, School of Medicine Financial Affairs

Hofstra University
Hempstead, NY
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Job Details

Director, School of Medicine Financial AffairsSchool/Division:Donald and Barbara Zucker School of Medicine at Hofstra/NorthwellOffice:Financial Planning & AnalysisFull-Time or Part-Time:Full-TimeAbout HofstraHofstra University is a nationally ranked and recognized private university in Hempstead, N.Y. that is the only school to ever host three consecutive presidential debates (2008, 2012 and 2016). At Hofstra, students get the best of both worlds. Our campus is a leafy oasis just a quick train ride away from New York City and all its cultural, recreational and professional opportunities. We offer small classes and personal attention, with the resources, technology and facilities of a large university. Students can choose from more than 160 undergraduate program options and 165 graduate program options in the liberal arts and sciences, education, health professions and human services, the Peter S. Kalikow School of Government, Public Policy and International Affairs, the Fred DeMatteis School of Engineering and Applied Science, the Frank G. Zarb School of Business, the Lawrence Herbert School of Communication, the Maurice A. Deane School of Law, the Hofstra Northwell School of Nursing and Physician Assistant Studies, and the Donald and Barbara Zucker School of Medicine at Hofstra/Northwell. Hofstra University is a dynamic community of more than 11,000 students from around the world who are dedicated to civic engagement, academic excellence and becoming leaders in their communities and their careers.Hofstra University is an equal opportunity employer committed to fostering diversity in its faculty, administrative staff and student body. We especially encourage women, people of color, members of the LGBTQ+ community, veterans and people with disabilities to apply.Description:The Director, School of Medicine (SOM) Financial Affairs reports to the Associate Dean for Operations and Strategy and is primarily responsible for ensuring that all ZSOM functional areas operate within budget and in accordance with University policies and procedures. In this highly visible role, the Director serves as the primary liaison with Hofstra University Financial Affairs and Northwell Health Financial Affairs and therefore must demonstrate an ability to develop and cultivate relationships across the university and health system. Incumbent will be responsible for developing and continually monitoring the School of Medicine (SOM) budget, to process all financial transactions including payments, purchase orders, grants, invoices and contracts, and to prepare and/or review financial reports for the university, health system, and board oversight committees.

Duties and responsibilities include, but are not limited to:
•Partners with SOM deans and directors to create, maintain, evaluate, and project accurate department-specific operating budgets and regular departmental financial reports.
•Liaises with Hofstra’s Office of Research and Sponsored Programs and Northwell’s Grant Management Office to review, evaluate, and report on all contracts and purchase orders related to awarded grants and manage grant budgets with investigators with strict adherence to both institutional and sponsor guidelines, policies, and procedures.
•Develops and proactively manages revisions of the SOM budget and annual/multi-year projections of expenditures and budget balances in collaboration with each SOM department/office, Hofstra University and Northwell Health.
•Works closely with SOM contracts manager to ensure that contract invoicing/billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
•Maintains an accurate electronic tracking system for all SOM financial transactions and ensures that all purchased/reimbursed items, grants, gifts, endowments, and scholarships are properly recorded, tracked, and reported.
•Supervises up to two Budget Coordinators to assist with SOM financial affairs.
•In partnership with the Associate Dean for Operations and Strategy and University Financial Affairs, oversees the inter-institutional fund.
•Works closely with the Director, Development and Alumni Relations to track gifts received.
•Collaborates with the Director, Student Finance and leadership team to determine annual scholarship awarding methodology.
•Works closely with the Office of Student Affairs and the Chair of the Research Advisory Committee to ensure summer research stipends are accurately budgeted for and distributed to students in a timely fashion in accordance with the guidelines and intent of each stipend fund.
•Compiles data analyses for relevant AAMC/LCME and/or other accrediting/ regulatory entities and routine as well as ad hoc electronic financial reports, for the joint board, or other entities as needed.
•Oversees, updates, and implements all necessary internal SOM business guidelines, policies and accounting practices in collaboration with University Financial Affairs.
Qualifications:•Bachelor’s degree required. Master’s degree in accounting, finance, or related field preferred.
•At least five to seven years of experience in accounting and/or budgeting with supervisory experience required.
•Strong mathematical and accounting skills required. CPA or other relevant qualification is a plus with preference given to those with work experience in higher education.
•Broad knowledge of financial, business and accounting principles and their application to budget and accounting problems required.
•Demonstrated proficiency in the use of business computer software (i.e., Microsoft Office – Word, Excel, and Access) at an advanced level required.
•Knowledge of automated financial system (preferably Banner) and the ability to create a meticulous and sophisticated tracking system for all financial transactions required.
•Capacity to approach new challenges with thoughtfulness, creativity and flexibility are required.
•Ability to exercise mature, strategic independent judgment to maintain accuracy, efficiency and help drive sound decision-making while demonstrating exceptional collaborative skills required.
•The ideal candidate has experience of final responsibility for the quality and content of all financial data, reporting and audit coordination for either a division or significant program area.
•Strong organizational skills with the ability to multi-task and meet deadlines and effectively manage high volumes of paperwork, data and information is required.
•Excellent communication (oral and written) and relationship building skills with a solid knowledge of financial analysis and forecasting and an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders required.
•Ability to translate financial concepts to – and to effectively collaborate with -- programmatic and fundraising colleagues who do not necessarily have finance backgrounds is required.
•Personal qualities of integrity, professionalism, credibility, reliability and dedication to the mission of the SOM, Hofstra University, and Northwell Health.

Application Instructions:For consideration, please send a cover letter with salary requirements and resume to: [email protected] Please indicate "Director, SOM Financial Affairs" in the subject line.Voluntary Self-IdentificationAll applicants are invited to complete the three (3) voluntary self-identification formsDeadline:Open until filledDate Posted: 01/19/2022Posting Number: 896946-22


Working at Hofstra University

Hofstra University is a dynamic private university where students will benefit from large-university resources and thrive within a small college atmosphere.  At Hofstra, students can choose from 155 undergraduate and 170 graduate program options within the Frank G. Zarb School of Business; Hofstra College of Liberal Arts and Sciences: the Peter S. Kalikow School of Government, Public Policy and International Affairs; School of Humanities, Fine and Performing Arts; School of Natural Sciences and Mathematics; the Hofstra Northwell School of Medicine at Hofstra University and Hofstra Northwell School of Graduate Nursing and Physician Assistant Studies at Hofstra University; Hofstra University Continuing Education; Honors College; Lawrence Herbert School of Communication; Maurice A. Deane School of Law; School of Education; School of Engineering and Applied Science; and School of Health Professions and Human Services. Students also benefit from small classes (student-to-faculty ratio of 13-to-1 and an average undergraduate class size of just 21 students), flexible schedules, and close proximity to the cultural and networking aspects of New York City.

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