Director Finance (Ophthalmology)

The Chronicle Of Higher Education, Inc.; Baltimore (MD); Hybrid; USD 111,800 - 196,900; Full time

Job summary

The Chronicle Of Higher Education, Inc. is seeking a Director Finance to lead budgeting, forecasting, and financial oversight across a school or department.

You will guide senior management with actionable financial reporting, develop a strong finance team, and ensure robust internal controls in a higher education context. You will oversee budgeting processes, KPI development, and collaboration with leadership to support strategic financial performance, reporting, and capital planning.

Qualifications

• Bachelor's degree in finance, accounting, business or related field.
• 10 years progressively responsible financial management experience.
• Financial planning experience.
• Supervisory experience.
• Additional education may substitute for required experience/education per the JHU equivalency formula.

Responsibilities

• Oversee the production and reconciliation of annual operating and capital budgets.
• Maintain involvement with leadership to consider factors for the annual budget.
• Oversee development of financial reporting systems for the assigned area.
• Develop and monitor systems for forecasting, requesting and managing capital funds.
• Create and maintain KPIs to maximize financial performance.
• Coordinate creation and use of business intelligence tools.
• Oversee financial analyses of actual versus budgeted performance.
• Produce monthly financial statements and reports.
• Oversee accounting for income/expense projections and changes.
• Conduct financial analysis for program/product development.
• Support development of financial models for service lines.
• Develop/monitor internal controls and financial policies.
• Directly supervise exempt finance staff and mentor staff.

Skills

Budget Management

Capital Planning

Financial Analysis

Financial Analysis and Reporting

Financial Controls

Financial Forecasting

Financial Management and Oversight

Financial Planning

KPI Development

Regulatory Compliance

Education

Bachelor's degree in finance, accounting, business or related field

Master's degree in related field

Certified Public Accountant license

Tools

Business Intelligence tools

Financial reporting systems

Job description

The Director Finance provides leadership, oversight and strategic support for the financial management functions of a school or large department with multiple functional areas and/or service lines. This position reports to an executive or administrative leader of the designated area and is an integral part of the management team. This position is responsible for all financial activity and oversight for the designated area and will provide senior management with financial reports and take actions to ensure good financial stewardship and achievement of budgeted financial performance. The position will ensure development of a strong finance team through the mentoring of key individuals.

Specific Duties & Responsibilities

• Oversee the production and reconciliation of annual operating and capital budgets
• Maintain continuous involvement with leadership to ensure that all factors are considered for the annual budget.
• Oversee the development of financial reporting systems for the assigned area.
• Oversee the establishment and implementation of systems for forecasting, requesting and managing capital funds
• Create and maintain KPIs designed to maximize the financial performance
• Coordinate the creation and use of business intelligence tools
• Oversee and perform financial analyses of actual and budgeted performance as required to maintain control and address financial issues.
• Responsible for production and maintenance of monthly financial statements and reports
• Oversee the accounting for income and expense budget projections and changes
• Conduct financial analysis for program/product development
• Participate in the development of financial models to support service lines
• Develop and/or monitor compliance with financial policies and internal controls
• Directly supervise exempt finance staff and provide oversight to department-based staff to ensure competencies and adequacy of work products.
• Serve as a mentor to the department's financial staff to develop key career growth skills and opportunities.
• Other duties as assigned.

Minimum Qualifications

• Bachelor's Degree in finance, accounting, business or related field.
• 10 years progressively responsible financial management experience.
• Financial planning experience.
• Supervisory experience.
• Additional education may substitute for required experience and additional related experience may substitute for required education beyond a high school diploma/graduation equivalent, to the extent permitted by the JHU equivalency formula.

Preferred Qualifications

• Master's degree in related field and/or Certified Public Accountant license.
• Professional experience in higher education or an academic medical center.

Technical Skills & Expected Level of Proficiency

• Budget Management: Advanced
• Capital Planning: Advanced
• Financial Analysis: Advanced
• Financial Analysis and Reporting: Advanced
• Financial Controls: Advanced
• Financial Forecasting: Advanced
• Financial Management and Oversight: Advanced
• Financial Planning: Advanced
• KPI Development: Advanced
• Regulatory Compliance: Advanced

The core technical skills listed are most essential; additional technical skills may be required based on specific division or department needs.

Classified Title: Director Finance
Role/Level/Range: L/05/LG
Starting Salary Range: $111,800 - $196,900 Annually ($174,900 targeted; commensurate w/exp.)
Employee group: Full Time
Schedule: Monday-Friday, 8:30 am - 5:00 pm
FLSA Status: Exempt
Location: Hybird/ School of Medicine Campus
Department name: SOM Oph Finance
Personnel area: School of Medicine

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