Florida Atlantic University
Director of Finance
Florida Atlantic University, Boca Raton, Florida, us, 33481
Time left to apply End Date: December 13, 2024 (2 days left to apply)
Job requisition id REQ19328
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Position Summary:
Florida Atlantic University is seeking a Director of Finance - Boca Raton, FL. The Director of Finance is a key leadership role within the College of Medicine, responsible for participating in the oversight of the financial operations of the medical school, the clinical practice, and graduate medical education (GME) and other functions deemed necessary by the Dean. This position plays a critical role in financial planning, analysis, and decision-making to support the strategic goals and financial sustainability of the College of Medicine.
Key Responsibilities:
Financial Planning and Analysis : Develop and manage the annual operating budget for the College of Medicine, which may include clinical practice plans and GME programs at affiliate sites. Provide financial forecasting, modeling, and analysis to support strategic decision-making, resource allocation, and revenue optimization. Collaborate with senior leadership to establish financial goals and objectives.
Practice Plan Management : Participate in the financial management and operations of the College of Medicine's practice plan, which may include physician billing, collections, revenue cycle management, and compliance with regulatory requirements. Develop and implement financial policies and procedures to ensure effective financial controls, operational efficiency, and revenue optimization.
Graduate Medical Education (GME) Financial Management : Manage the financial aspects of the GME programs within the College of Medicine. Coordinate budgeting, financial reporting, and financial analysis for GME programs, including resident and fellow stipends, educational expenses, faculty salaries, and program development costs. Ensure compliance with funding regulations and reporting requirements.
Financial Reporting and Compliance : Prepare and present financial reports, statements, and analyses to senior leadership, department chairs, and other stakeholders. Ensure accuracy, integrity, and compliance with accounting principles, regulatory guidelines, and institutional policies. Collaborate with internal and external auditors for financial audits and reviews.
Financial Strategy and Improvement : Develop and implement financial strategies, initiatives, and process improvements to enhance financial performance, optimize revenue generation, and control costs within the College of Medicine. Identify and evaluate revenue diversification opportunities and cost-saving measures to improve financial sustainability.
Financial Partnership and Stakeholder Engagement : Collaborate with department chairs, faculty, administrators, and external partners to provide financial guidance, support, and analysis. Serve as a strategic partner to support academic and clinical departments in achieving financial goals, managing resources effectively, and optimizing revenue opportunities.
Team Leadership and Development : Lead and manage a team of finance professionals, providing guidance, mentorship, and support for their professional growth and development. Foster a culture of collaboration, accountability, and continuous improvement within the finance team.
Perform other job-related duties as assigned by the Dean.
Minimum Qualifications: A master's degree from an accredited institution in an appropriate area of specialization and six (6) years of appropriate experience; or a bachelor's degree from an accredited institution in an appropriate area of specialization and (8) years of appropriate experience required. Salary: Commensurate with experience. Location: Boca Raton Work Days and Hours: Monday - Friday, 8 a.m. - 5 p.m. Occasional evenings and weekends as needed. Application Deadline: 2024-12-12 Florida Atlantic University is an equal opportunity/affirmative action/equal access institution and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veterans status or any other characteristic protected by law.
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Practice Plan Management : Participate in the financial management and operations of the College of Medicine's practice plan, which may include physician billing, collections, revenue cycle management, and compliance with regulatory requirements. Develop and implement financial policies and procedures to ensure effective financial controls, operational efficiency, and revenue optimization.
Graduate Medical Education (GME) Financial Management : Manage the financial aspects of the GME programs within the College of Medicine. Coordinate budgeting, financial reporting, and financial analysis for GME programs, including resident and fellow stipends, educational expenses, faculty salaries, and program development costs. Ensure compliance with funding regulations and reporting requirements.
Financial Reporting and Compliance : Prepare and present financial reports, statements, and analyses to senior leadership, department chairs, and other stakeholders. Ensure accuracy, integrity, and compliance with accounting principles, regulatory guidelines, and institutional policies. Collaborate with internal and external auditors for financial audits and reviews.
Financial Strategy and Improvement : Develop and implement financial strategies, initiatives, and process improvements to enhance financial performance, optimize revenue generation, and control costs within the College of Medicine. Identify and evaluate revenue diversification opportunities and cost-saving measures to improve financial sustainability.
Financial Partnership and Stakeholder Engagement : Collaborate with department chairs, faculty, administrators, and external partners to provide financial guidance, support, and analysis. Serve as a strategic partner to support academic and clinical departments in achieving financial goals, managing resources effectively, and optimizing revenue opportunities.
Team Leadership and Development : Lead and manage a team of finance professionals, providing guidance, mentorship, and support for their professional growth and development. Foster a culture of collaboration, accountability, and continuous improvement within the finance team.
Perform other job-related duties as assigned by the Dean.
Minimum Qualifications: A master's degree from an accredited institution in an appropriate area of specialization and six (6) years of appropriate experience; or a bachelor's degree from an accredited institution in an appropriate area of specialization and (8) years of appropriate experience required. Salary: Commensurate with experience. Location: Boca Raton Work Days and Hours: Monday - Friday, 8 a.m. - 5 p.m. Occasional evenings and weekends as needed. Application Deadline: 2024-12-12 Florida Atlantic University is an equal opportunity/affirmative action/equal access institution and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veterans status or any other characteristic protected by law.
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