BACKGROUND: State University of New York (SUNY) Downstate Medical Center (SUNY DMC), the only academic medical center in Brooklyn, is located in the heart of one of our nation's largest, most ethnically diverse, urban communities. The SUNY DMC serves a constituency of almost three million residents of Brooklyn and Staten Island. Located on a thirteen-acre urban Campus in the East Flatbush section of Brooklyn, SUNY DMC comprises the largest medical school in the state, a School of Graduate Studies, a College of Health Related Professions, a College of Nursing and a 376-bed University Hospital. Affiliated medical centers include Kings County Hospital center, one of the nations’ largest municipal hospitals, VA New York Harbor Healthcare System, Staten Island University Hospital, Maimonides Medical Center and Brookdale Hospital Medical Center. The College of Medicine ranks seventh in the number of graduates now engaged in academic medicine. Its faculty has made major contributions to research for which they have received recognition, including the 1998 Nobel Prize as well as several Lasker Awards.
SUNY DMC has a mandate to train the next generation of physicians, nurses, allied health professionals and researchers; to conduct clinical and basic research in the biomedical sciences and to serve the health care needs of our community.
REPORTING RELATIONSHIPS: The Senior Vice President and Chief Financial Officer will report directly to Downstate's President.
WORKING RELATIONSHIPS: The SVP and CFO will work closely with: - Chief Executive Officer - Vice President for Administration & Chief of Staff - Deans of all Colleges and Schools - Sr. VP and Managing Director of University Hospital of Brooklyn - Chief Financial Officer of University Hospital of Brooklyn - Vice President for Human Resources - Assistant Vice President for Procurement and Supply Chain Management - Senior Vice President for Legal Affairs and Managing Counsel - Vice President for Compliance and Internal Audit - Executive Director of the SUNY Downstate Research Foundation.
BASIC FUNCTIONS: The SVP and CFO will serve as the chief financial and business officer for the campus and also as the principal liaison with the financial managers in SUNY, the Division of the Budget and the Office of the State Comptroller.
The SVP and CFO will be responsible for the overall financial management of all of the Campus activities, including the annual development of the operating and capital budgets that support our education and research programs, our administrative support services and our clinical enterprise, including the University Hospitals, our affiliations and the Clinical Practice Management Plan.
EXPERIENCE: The successful candidate must be a highly intelligent, seasoned, self-confident financial executive with a minimum of 15 years of progressively responsible experience in large and complex institutions. Experience ideally will have been gained in hospital and/or health systems, academic medical centers or higher education institutions. Experience also may have been gained in not-for-profit, governmental or corporate sectors. Experience should be broadly based in the areas of strategic financial planning, finance and accounting, budgeting, treasury and endowment management, and operations. Familiarity with these functions as they relate to higher education is a plus.
The SVP and CFO must be strategic, decisive, analytical and capable of bringing a sophisticated and resourceful approach to his/her role and responsibilities. He/she must be an individual that keeps abreast of financial trends, regulations and technology. The SVP and CFO must possess the financial and management skills to operate both as a high level administrator and as a hands-on, highly capable financial officer.
The SVP and CFO must have a customer service orientation and be able to build collaborative and effective working relationships throughout the Campus, as well as with external constituents. It is imperative that he/she possesses a strong work ethic and integrity beyond reproach.
Further, the SVP and CFO should possess the personal characteristics and professional experience to inspire excellence among staff, partnership among senior-level executives of the campus and confidence among external constituents; thus setting the tone for the institution’s further growth and success.
EDUCATION: Master in Finance, MBA (or equivalent master’s degree) is required, preferably in Accounting or non-profit financial management.
A licensed CPA is a plus.
Internal Number: 20012
About State University of New York (SUNY) Downstate Medical Center
SUNY Downstate Medical Center is the borough’s only academic medical center for health education, research, and patient care, and is a 376-bed facility serving the healthcare needs of Brooklyn’s 2.6 million residents. University Hospital is Downstate’s teaching hospital, backed by the expertise of an outstanding medical school and the research facilities of a world-class academic center. More than 800 physicians, representing 53 specialties and subspecialties—many of them ranked as tops in their fields—comprise Downstate's staff.
A regional center for cardiac care, neonatal and high-risk infant services, pediatric dialysis, and transplantation, Downstate also houses a major learning center for children with physical ailments or neurological disorders. In addition to University Hospital, Downstate comprises a College of Medicine, College of Nursing, College of Health-Related Professions, a School of Graduate Studies, a School of Public Health, and a multifaceted biotechnology initiative, including the Downstate Biotechnology Incubator and BioBAT for early-stage and more mature companies, respectively.