Director - Budget and Finance - Columbia University Medical Center - New York

Job description
The Department of Neurology at Columbia University is hiring a Director of Budget and Finance. This position will report to the Department Administrator/Chief Financial Officer. This position is responsible for the overall budgeting, financial planning, tracking and management of corrective actions as related to the execution of the departmental budget and financial operations.


He/she is also responsible for serving as the department's central liaison for the Medical Center and University finance offices for matters related to budget and finance.

Job responsibilities include:

Manage and lead the budget and strategic/ business planning processes for the department. Implement and maintain concurrent budget planning and monitoring processes in concert with the financial goals and objectives of the department. Spearhead financial analysis and creation of P&Ls as needed, incorporating productivity benchmarks, revenues, and operating costs. Evaluate budget variances and make recommendations on appropriate corrective actions. Prepare and present monthly/quarterly and annual budget and financial performance reports to the department's leadership.

Collaborate with division chiefs and administrators to develop, monitor and evaluate business plans in alignment with the department's goals and objectives. Develop and implement charge-back mechanisms as related to the department's centrally incurred expenses/outflows such as AIM HI charges and clinical session operations. Serve as a central liaison for the Department for matters related to the department's budget and financial operations.

Provide support for the Departmental Administrator in preparing for negotiations and performing reconciliations as related to the NYPH Joint Budget. Supervise and coordinate the department's financial closing processes including monthly closings, quarterly closings and fiscal year closing.

Supervise staff in the finance units which includes oversight of sponsored research projects, gifts, endowments, special funds, accounts payable, bank reconciliation, and payroll processors in order to manage and refine the department's financial/ accounting operations and payroll operations. Must be prepared to recruit, mentor, and manage multiple direct reports. Ability to communicate concisely and effectively with senior faculty members and administrators.

The supervision includes operations management of various University budget / finance systems such as ARC, PAC Labor Accounting, COB reports. Must have advanced pivot reporting and excel skills.

Recommend and prepare for approval and implementation of the department's financial policies and procedures as appropriate. Spearhead monthly finance meetings to communicate updated to financial policies and procedures. Attend meetings as appropriate.

Perform other duties as assigned.

Desired Skills and Experience
This position requires advanced proficiency in Excel, spreadsheet and report management. The ideal candidate will possess an extensive fund of knowledge as it pertains to grants management, clinical revenue cycle management skills and private gifts management. The candidate will need have a clear understanding of how these revenue sources inform the budgeting process. Strong financial skills, having the ability to think and see the big picture while being detail oriented is a must. Must be highly organized in order to manage multiple competing interests and/or deadlines.

Must present well and communicate state of affairs to leadership.
An advanced degree in finance, accounting, or economics. Ideal candidate will demonstrate 5-10 years of progressive experience in a non-profit or academic healthcare setting with a primary focus on financial management, budgeting, forecasting and planning.

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