Director of Finance I (School of Medicine - Central Finance)

Johns Hopkins University•Baltimore, MD

13d•$114,595 - $200,795•Hybrid

About The Position

The Johns Hopkins University School of Medicine seeks a Director of Finance I to lead, oversee, and provide strategic support for financial management across a portfolio of clinical departments with multiple functional areas and/or service lines. The position has a dual reporting relationship to SOM central finance and administrative leaders in the respective departments, and is responsible for all financial activity and oversight in its designated area. The Director provides senior management with financial reports, supports sound financial stewardship and achievement of budgeted performance, and develops the finance team through mentoring. The role develops and delivers comprehensive financial plans, manages allocation and formulation of long-term financial plans, and ensures compliance with financial regulations. It handles complex financial problem-solving and queries across the division while balancing multiple responsibilities and projects and providing timely, effective support to the finance community.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or a related field.
Eight years of progressively responsible financial management experience, such as planning, directing, monitoring, organizing, and controlling the monetary resources of a department, center, or unit.
Experience working on complex budgets.
Financial planning experience.
Supervisory experience.
Knowledge of Excel, Access, and Word.
Knowledge of accounting and budgeting theory and practices.
Advanced proficiency in budget management, confidentiality and discretion, financial analysis, financial internal controls, financial planning, financial reporting and analysis, interpersonal skills, KPI management and reporting, and problem solving.
Additional education may substitute for required experience, and additional related experience may substitute for required education beyond a high school diploma or equivalent, subject to the JHU equivalency formula.

Nice To Haves

Master's degree in a related field and/or Certified Public Accountant license.
Professional experience in higher education or an academic medical center.

Responsibilities

Collaborate with the Divisional Business Officer, Director of Research, Director of HR, Executive Directors of Strategic Finance, Research, and HR, and department administrators to align operational goals with divisional objectives.
Develop and implement strategic financial plans aligned with the division's vision and goals.
Work with divisional leadership to identify business needs, share best practices, and develop new services and support.
Facilitate communication and collaboration with leadership to ensure all factors are considered for the annual budget.
Oversee the allocation and formulation of the five- and ten-year financial plan and capital budget.
Oversee and perform financial analyses of actual and budgeted performance to maintain control and address financial issues.
Identify opportunities for financial innovation and continuous improvement.
Develop and/or monitor compliance with financial policies and internal controls.
Review and maintain monthly financial statements and reports for leadership.
Submit quarterly financial projections, compare them to actuals, and explain variances.
Oversee accounting for income and expense budget projections and changes.
Evaluate departmental financial performance and provide feedback for improvement.
Ensure effective communication between functional units, departments, divisional leadership, and the dean.
Directly supervise finance staff and ensure their competencies and adequacy of work product.
Support the professional growth of finance staff through training and development.
Implement and maintain functional KPIs, goals, policies, practices, and standards.
Continuously monitor and improve services, implement feedback mechanisms, and address issues promptly.
Participate in monthly governance council meetings to uphold service-level standards and foster ongoing improvement initiatives.
Perform other related duties as requested.