Advertised Summary Job Description: In conjunction with the Vice Chair for Finance and Administration and senior leadership (Vice Chairs, Senior Staff, and Chair) in the Department of Medicine, CFO/Associate Chair sets departmental financial goals and objectives for the Department of Medicine. The incumbent will also work closely with the leadership of the College of Physicians & Surgeons (P&SL Columbia University (CU) Columbia University Medical Center (CUMC), New York Presbyterian Hospital (NYPL and other affiliated organizations. Will co-direct the department's financial planning and accounting practices, maintain financial management reporting and control systems, monitor departmental expenditures, oversee compliance with the policies, procedures, and regulations of the University/affiliated organizations/external agencies and assure an efficient, high-functioning infrastructure to support the Department's clinical, educational and research missions. The CFO/Associate Chair for Finance will provide budget and financial analysis support to the departments/centers, and institutes of the Department of Medicine. The incumbent will manage Core Administration's Finance team. Develop and implement important strategic initiatives for the Department of Medicine that includes clinical business and program development, research development and educational achievement. He/She will also support the Department Administrator in coordinating and directing broad and complex financial and management functions for the Department in support of teaching, medical research and clinical care. Support the further development and execution of high level continuing medical education and fundraising efforts across the Department. Develop and foster a keen understanding, build relationships and business alliances in an assertive manner and exploit the Department's competitive advantages in the marketplace through unique, inter-departmental and inter-organizational relationships. Through the business development and strategic planning functions, provide sound leadership for the Department of Medicine's growth initiatives. Influence the development of University-wide growth, learning and work collaboratively with finance, operations and medical leadership from all sections and including the Departmental Vice Chair and bring forward innovative ideas and initiatives to help encourage a vibrant spirit of innovation throughout the Department. In addition to formal business planning and development activities, be involved with presenting results, business plans, and investment proposals to the Department and Division senior management, physicians and staff. Work on projects to support implementation of a multitude of clinical, educational and research initiatives. Participate in a variety of assignments such as designing projects, providing thought leadership on various engagements and staffing teams. This position has direct supervisory responsibility. The CFO/Associate Chair is responsible for working with Divisional Administrators to develop budgets and analyze financial results. In addition, the position will be responsible for developing standard financial and operational metrics to assist Division Chiefs and Administrators monitor clinical and research performance.
General Minimum Qualifications: Requires an MBA or equivalent in education and experience, plus a minimum of five to seven years of experience in a large complex academic medical setting.
Additional Specific Minimum Qualifications: Solid record of successful leadership with emphasis on fiscal operations, strategy and business development in the healthcare field; -Progressive responsibility and complexity as a member of a healthcare provider organization; -Strong analytical skills as related to measuring financial performance return on investment, profitability models and other key measures in the healthcare industry; -Superb oral and written presentation skills; -Proven management skills -Thorough command of the business planning process and the ability to prioritize tasks and focus on results in a complex organization; -Strategic planning skills; -Budget management skills; -Analytical skills; -Problem-solving skills; -Decision-making skills; -Strong interpersonal skills; -Customer service skills; -Negotiation skills; -Attention to detail; -Ability to maintain confidentiality; -Ability to effectively work across all levels of the enterprise; -Ability to work independently with a high degree of initiative; -Ability to manage multiple projects simultaneously, set priorities, and meet deadlines; -Ability to manage stressful situation; -Ability to interact, build trust and successfully implement ventures with physicians and administrative leaders in healthcare organizations; -Knowledge of computers sufficient to effectively use many diverse managerial and administrative computer applications
Preferred Qualifications: Extensive experience with line-of-business issues including strategy, operations, organization and information technology relative to healthcare delivery; -Strong foundation in healthcare strategy and business development as evidenced by roles with other large academic institutions; -Demonstrated ability to convert strategic initiatives into business plans with detailed implementation and success road maps toward measurable results; -Track record of consistently meeting business objectives where the challenge is managing organizational efficiencies in balance with increasing demand for quality; -Ability to coordinate the work of others; -Ability to train others.
As a member of the National Collegiate Athletic Association (NCAA) and the Council of Ivy Group Presidents (Ivy League), it is imperative that members of the Columbia University community, in all matters related to the intercollegiate athletics program, exhibit the highest professional standards and ethical behavior with regard to adherence to NCAA, Conference, University, and Department of Intercollegiate Athletics and Physical Education rules and regulations.
Columbia University is an Equal Opportunity/Affirmative Action employer.
Internal Number: 126_167914
About Columbia University
Columbia University is one of the world's most important centers of research and at the same time a distinctive and distinguished learning environment for undergraduates and graduate students in many scholarly and professional fields. The University recognizes the importance of its location in New York City and seeks to link its research and teaching to the vast resources of a great metropolis. It seeks to attract a diverse and international faculty and student body, to support research and teaching on global issues, and to create academic relationships with many countries and regions. It expects all areas of the university to advance knowledge and learning at the highest level and to convey the products of its efforts to the world.