Chief Financial Svcs Ofcr SOM

University of New Mexico•Albuquerque, NM

4d•$12,243 - $17,521

About The Position

The University of New Mexico School of Medicine (SOM) seeks a Chief Financial Services Officer (CFSO) to serve as its senior financial leader and strategic advisor to the Dean. Reporting directly to the Dean, the CFSO provides executive leadership and oversight for financial planning, budgeting, resource allocation, financial compliance, reporting, and fiscal stewardship across the School. The role also works in close coordination with the System Vice President for Finance and Administration and partners with department chairs and administrators, senior associate deans, Health Sciences leadership, UNM Hospital, and university administrative offices. The CFSO develops financial strategies that support the School’s academic, research, clinical, and administrative priorities while responsibly managing public, clinical, research, educational, philanthropic, and other institutional resources. Areas of focus include clinical funds flow, faculty compensation modernization, effort allocation, research investment, educational program economics, multiyear operating forecasts, liquidity planning, and financial commitments related to major facilities and strategic investments. The position leads financial operations and teams, strengthens systems and business processes, and ensures compliance with applicable regulations, university policies, accounting standards, and reporting requirements. The CFSO will support the School of Medicine through a period of organizational growth and transformation, helping advance clinical integration, research expansion, operational excellence, and administrative modernization. The role is based at the UNM Health Sciences Center in Albuquerque, New Mexico, and is eligible for a remote work agreement, including hybrid, in-state, or out-of-state arrangements. It is a benefits-eligible staff contract position. Employees in this job title are subject to employment contracts typically reviewed and renewed annually. Employees providing services or working in patient care or clinical areas must comply with the University's influenza vaccination requirement.

Requirements

Bachelor's degree in Finance, Accounting, Business Administration, or an equivalent field.
At least 9 years of directly related duties and responsibilities, including progressively responsible senior financial leadership experience managing complex, multi-source budgets in academic medicine, higher education, healthcare, or a similarly complex organization.
Completed degrees above the minimum education requirement may be substituted for experience on a year-for-year basis.

Nice To Haves

Master's degree in Business Administration, Finance, Accounting, Public Administration, Healthcare Administration, or a related field.
CPA or other relevant professional certification.
Significant senior financial leadership experience in academic medicine, higher education, healthcare, or similarly complex organizations.
Experience overseeing large, multi-source budgets involving state, clinical, research, philanthropic, and other funding streams.
Experience supporting faculty-led organizations and partnering effectively with department chairs, senior academic leaders, and executive administration.
Experience leading financial systems implementation, process improvement, and organizational transformation initiatives.
Demonstrated success balancing strategic planning with operational execution.
Exceptional leadership, communication, and relationship-building skills.

Responsibilities

Advise School of Medicine leadership on financial strategy, fiscal planning, resource allocation, and organizational sustainability.
Lead short- and long-range financial planning aligned with institutional goals and strategic priorities.
Provide financial analyses, forecasts, performance metrics, and recommendations for strategic decision-making.
Participate in senior leadership teams, committees, and strategic planning initiatives.
Lead financial strategy for clinical funds flow, faculty compensation, and the financial implications of faculty effort allocation across missions.
Direct financial operations, including budgeting, forecasting, reporting, compliance, internal controls, and fiscal management.
Ensure integrity, transparency, and accountability in financial processes and reporting.
Establish and monitor fiscal controls to safeguard institutional assets and resources.
Develop financial policies, procedures, and operational standards.
Partner with research administration and departmental leaders to strengthen post-award financial management and sponsored-project compliance.
Support efficient administration of grants, contracts, and other externally funded activities.
Improve research financial processes while maintaining compliance with federal, state, sponsor, and university requirements.
Provide financial leadership for research investment decisions, including startup packages, bridge funding, cost sharing, indirect cost recovery, and institutional commitments.
Partner with educational leaders to assess program economics and plan for resources needed for educational growth, accreditation, and learner success.
Lead financial systems strategy, implementation, optimization, and reporting capabilities.
Collaborate with institutional stakeholders to modernize business processes and use technology to improve efficiency and decision support.
Evaluate emerging technologies, reporting tools, and financial management solutions.
Develop and maintain multiyear operating forecasts, liquidity assessments, and financial models for major facilities, program growth, and long-term institutional commitments.
Lead, mentor, and develop high-performing financial teams; foster accountability, collaboration, innovation, customer service, and continuous improvement.
Design and maintain organizational structures that support evolving business needs and strategic goals.
Direct recruitment, professional development, performance management, and succession planning.
Ensure compliance with applicable regulations, university policies, accounting standards, and reporting requirements.
Oversee financial audits and related regulatory reviews.
Identify fiscal risks and implement strategies to strengthen internal controls and institutional resilience.