Reporting to the Chief Financial Officer of the Department of Medicine, the Assistant Director of Budget and Analytics will be responsible for oversight of all financial management and reporting functions of the Department including budget development and monitoring; creation of financial models to assess strategic initiatives, and business plans to support new faculty recruitments and large academic or clinical initiatives; preparation of monthly, quarterly and annual financial management reports; and oversight of other financial management and reporting tasks that are necessary to conduct and monitor the financial affairs of the Department. In addition, an integral part of the position will be to prepare (or oversee preparation of) business plans and justifications supporting possible offsite private practice acquisition/integration targets.
Responsible for the oversight and direct supervision of the Manager of Budget and Reporting and the Financial Analyst team.
Coordinate the development of the Department's annual operating budget consistent with Departmental priorities, sound financial management principals and with an emphasis on cost containment.
Monitor actual financial performance versus prior year actual and budget; identify significant variances and make corrective action recommendations.
Responsible for oversight of expense reconciliation and reporting.
Support Vice Chair and Clinical Divisions and Core Administration in strategic planning initiatives.
Provide project management support for strategic initiatives.
Prepare or oversee preparation of complex clinical and academic business plans in support of new faculty recruitments, large clinical or academic programs or expansion of existing programs.
Work collaboratively with Division Administrators on business plan development; create templates for business plans; present plans to senior leadership.
Develop mechanism to monitor results against plan.
Work closely with Division Administrators to monitor financial performance.
With Core Department staff, prepare and provide regular financial reports to the Department Chair, Vice Chair for Finance & Administration, CFO, Division Chiefs, Administrators, and other Senior leadership.
Meet regularly with stakeholders (senior management, division management, chiefs, etc.) to review financial performance and recommend corrective actions where necessary.
Think strategically about needs of the Department and Clinical Divisions and provide data used to support strategic goals.
Adjusts to needs of individual areas as well as Department as a whole.
Assess Core staff and divisional administration financial management skills and provide training or recommendation to improve individual skills and organizational structure to meet the evolving financial management priorities of the Department, College of VP&S and University.
Keep up to date on University, VP&S and other financial policies, procedures and tools (e.g., COB, ARC, etc.).
Develop necessary supplemental financial tools.
Ensure effective financial integration of sponsored project finances in consolidated budget and reporting.
Perform other related duties as assigned.
Master's degree in finance, business administration, or related field, plus 7-10 years of relevant and related experience, with 5 or more years of supervisory experience
Must possess excellent organizational and interpersonal skills, as well as excellent oral and written communication skills
Demonstrated ability to manage a complex financial operation, and sound analytical abilities
Experience in an academic medical center, large private practice, or hospital
Independent, self-starter requiring limited supervision and able to work through complex issues, elevating as appropriate
Ability to navigate complex databases
Willing to learn and assist in teaching new systems entailing large amounts of data
Experience creating financial models and databases
Strong Microsoft Excel skills and demonstrated experience accessing, using, and consolidating data from a variety of sources
Successful completion of applicable systems training requirements
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.
Internal Number: 504785
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