Director of Fiscal Operations (Department of Medicine)
University of Pennsylvania
Application
Details
Posted: 02-Oct-24
Location: Philadelphia, Pennsylvania
Type: Full-time
Salary: Open
Internal Number: 5687158
Director of Fiscal Operations (Department of Medicine)
University Overview
The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Large Employers in 2023.
Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.
The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.
Posted Job Title Director of Fiscal Operations (Department of Medicine)
Job Profile Title Director, Fiscal Operations
Job Description Summary The Director of Fiscal Operations (DFO) is responsible for oversight and management of all administrative and financial activities of the Division of Translational Medicine & Human Genetics (TMHG) and works with the Division Chief as administrative and business partner. This includes responsibility for establishing and monitoring administrative policy and infrastructure; overseeing human resource functions, including managing salaries for all University personnel within the Divisions; providing leadership, professional development, and supervision to all staff, including training, mentorship and compliance oversight of research. This person will have full responsibility for the administration of research-related funds, gift and endowment funds, ADF and operating funds within Translational Medicine & Human Genetics (TMHG) and will have oversight of clinical financial activity. The DFO will have financial and administrative oversight of the Armellino Center of Excellence for Williams' Syndrome (a Penn-CHOP collaboration) and the Penn Center for Genomic Medicine (PCGM) and provides business support for the Masters of Science in Genetic Counseling (MSGC) program. Furthermore, the DFO works alongside Chief to provide direction on strategic initiatives such as quality targets, growth opportunities, marketing, IT prioritization, access initiatives, and various areas of focused improvement by the health system in both the ambulatory and acute care setting. The position is responsible for all budgets and financial transactions processed within the Division and managing the Divisional financial and revenue cycle operations. Financial responsibilities include financial modeling, forecasting, budgeting, cost analysis, and report preparation across all University and clinical funds. Collaborate with Director of Clinical Programs on financial analyses and projections associated with faculty and clinical staff productivity, compensation and incentive programs.
The Director of Fiscal Operations reports to the Division Chief and Chief Academic & Research Officer, Department of Medicine, and will work collaboratively with Manger/Director of Clinical Programs to provide oversight of all divisional academic and clinical activities. Namely, the Director of Fiscal Operations will manage the divisional grant management team and provide administrative leadership for divisional faculty practice operations and finance. The DFO will have 5-6 direct reports with at least the following: Manager/Director of Clinical Programs, 2 Grants Managers, Grants Coordinator and Faculty Affairs Coordinator. This position will work directly with faculty, and administrators to monitor and ensure compliance and efficiency of grant activity, fiscal resources and controls. The Director of Fiscal Operations will be proficient in all electronic systems (PD, PennERA, Ben Financials and Business Warehouse) as well as utilizing reporting tools to develop and maintain metrics to enhance grant management.
Job Description
The Director of Fiscal Operations (DFO) is responsible for oversight and management of all administrative and financial activities of the Division of Translational Medicine & Human Genetics (TMHG) and works with the Division Chief as administrative and business partner. This includes responsibility for establishing and monitoring administrative policy and infrastructure; overseeing human resource functions, including managing salaries for all University personnel within the Divisions; providing leadership, professional development, and supervision to all staff, including training, mentorship and compliance oversight of research. This person will have full responsibility for the administration of research-related funds, gift and endowment funds, ADF and operating funds within Translational Medicine & Human Genetics (TMHG) and will have oversight of clinical financial activity. The DFO will have financial and administrative oversight of the Armellino Center for Williams' Syndrome (a Penn-CHOP collaboration) and the Penn Center for Genomic Medicine and provides support business support for the Masters in Genetic Counseling program. Furthermore, the DFO works alongside Chief to provide direction on strategic initiatives such as quality targets, growth opportunities, marketing, IT prioritization, access initiatives, and various areas of focused improvement by the health system in both the ambulatory and acute care setting. The position is responsible for all budgets and financial transactions processed within the Division and managing the Divisional financial and revenue cycle operations. Financial responsibilities include financial modeling, forecasting, budgeting, cost analysis, and report preparation across all University and clinical funds. Collaborate with Director of Clinical Programs on financial analyses and projections associated with faculty and clinical staff productivity, compensation and incentive programs.
The Director of Fiscal Operations reports to the Division Chief and Chief Academic & Research Officer, Department of Medicine, and will work collaboratively with Manger/Director of Clinical Programs to provide oversight of all divisional academic and clinical activities. Namely, the Director of Fiscal Operations will manage the divisional grant management team and provide administrative leadership for divisional faculty practice operations and finance. The DFO will have 5-6 direct reports with at least the following: Manager/Director of Clinical Programs, 2 Grants Managers, Grants Coordinator and Faculty Affairs Coordinator. This position will work directly with faculty, and administrators to monitor and ensure compliance and efficiency of grant activity, fiscal resources and controls. The Director of Fiscal Operations will be proficient in all electronic systems (PD, PennERA, Ben Financials and Business Warehouse) as well as utilizing reporting tools to develop and maintain metrics to enhance grant management.
Qualifications
Bachelor of Science, Bachelor of Arts, and 7 to 10 years or Master of Science, Master of Arts, in Business Administration, Accounting, Public Health or related field and 5-7 years' experience in an academic setting, with significant management responsibilities or equivalent combination of education and experience is required. Bachelor Degree Experience with and knowledge of contracts, pre and post grants administration practices. Thorough knowledge of applicable federal, state and local laws, regulations and policies. Management experience in a corporate or university setting. Demonstrated strong interpersonal skills to deal effectively and tactfully with people at all levels. Demonstrated ability to communicate effectively, both verbally and in writing.' Excellent organizational and computer skills, including word processing and spreadsheet applications. Demonstrated ability to exercise discretion in handling confidential and sensitive information. Ability to prioritize and juggle multiple projects simultaneously. Demonstrated proficiency with Hyperion budget tool and PENNWorks required. Must have thorough understanding of University and PSOM processes and deadlines, including annual budget process, sponsored programs budget process, SalInc, HR and payroll systems, Concur. Meticulous attention to detail.
Job Location - City, State Philadelphia, Pennsylvania
Department / School Perelman School of Medicine
Pay Range $90,860.00 - $165,000.00 Annual Rate Salary offers are made based on the candidate's qualifications, experience, skills, and education as they directly relate to the requirements of the position, as well as internal and market factors and grade profile.
Affirmative Action Statement Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.
Special Requirements Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.
University Benefits
Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family's health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.
Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.
Retirement: Penn offers generous retirement plans to help you save for your future. Penn's Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.
Time Away from Work: Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family-whatever your personal needs may be.
Long-Term Care Insurance: In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you're newly hired, you won't have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.
Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That's why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.
Professional and Personal Development: Penn provides an array of resources to help you advance yourself personally and professionally.
University Resources: As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University's libraries and athletic facilities, or visit our arboretum and art galleries. There's always something going on at Penn, whether it's a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you're right in the middle of the excitement-and you and your family can enjoy many of these activities for free.
Discounts and Special Services: From arts and entertainment to transportation and mortgages, you'll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.
Flexible Work Hours: Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.
Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.
Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.
Penn has a long and proud tradition of intellectual rigor and pursuit of innovative knowledge, begun by Benjamin Franklin in 1740. That tradition lives today through the creativity, entrepreneurship, and engagement of our faculty, students, and staff. Academic life at Penn is unparalleled, with an undergraduate student body of 10,000 from every U.S. state and around the world. The entering class of 2015 is the most talented and diverse in Penn's history. Consistently ranked among the top 10 universities in the country, Penn welcomes an additional 10,000 students to our top-ranked graduate and professional schools.