Chief Financial Svcs Ofcr SOM

The University of New Mexico•Albuquerque, NM

3d•Hybrid

About The Position

The University of New Mexico School of Medicine (SOM) seeks a Chief Financial Services Officer (CFSO) to provide strategic financial leadership and oversight. Reporting to the Dean of the School of Medicine, the CFSO is the School’s senior financial officer and a strategic advisor on financial planning, budgeting, resource allocation, compliance, reporting, and fiscal stewardship. The CFSO works in close coordination with the System Vice President for Finance and Administration and partners with department chairs, administrators, senior associate deans, Health Sciences leadership, UNM Hospital, and university administrative offices. The CFSO leads financial operations and services across the School, developing strategies that advance institutional priorities while responsibly managing public, clinical, research, educational, philanthropic, and other resources. Areas of focus include clinical funds flow, faculty compensation modernization, effort allocation, research investment, educational program economics, multiyear operating forecasts, liquidity planning, and commitments related to major facilities and strategic investments. The role provides an opportunity to guide the School’s financial strategy during significant organizational growth, transformation, and innovation. The CFSO will help strengthen business operations, support research and educational excellence, and contribute to the institution’s long-term success and its service to communities throughout New Mexico. The School of Medicine is a major academic medical institution and part of the UNM Health Sciences Center, with educational, research, clinical, graduate medical education, faculty practice, and statewide healthcare partnerships. Current priorities include clinical integration, faculty compensation modernization, research expansion, operational excellence, and administrative transformation. This is a benefits-eligible staff contract position. Employment contracts are typically reviewed and renewed annually. Although on-site presence is required, a flexible telecommuting schedule may be available. Employees 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 managing complex, multi-source budgets in academic medicine, higher education, healthcare, or a similarly complex organization.
Completed degrees from an accredited institution above the minimum education requirement may substitute 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 within 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 executive-level financial analyses, forecasts, performance metrics, and recommendations for 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 and oversee budgeting, forecasting, financial 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 leadership to strengthen post-award financial management and sponsored-project compliance.
Support efficient administration of grants, contracts, and other externally funded activities, while improving research financial processes and maintaining applicable compliance.
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 resources for educational growth, accreditation needs, 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 other long-term commitments.
Lead, mentor, and develop high-performing financial teams and 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 federal and state regulations, university policies, accounting standards, and reporting requirements.
Oversee financial audits and regulatory reviews; identify fiscal risks and implement strategies to strengthen internal controls and institutional resilience.