Reporting to the Department Administrator/COO, the Finance Administrator provides financial leadership and direct oversight of the financial operations of the Department of Urology. Responsible for financial analysis, budget and financial reporting, business services and accounting operations, financial controls and compliance, and providing direction to department finance staff. The Finance Administrator is a key member of the department administrative team and works closely with faculty, managers and staff to develop an efficient, high-functioning financial, accounting and reporting infrastructure to support the Department???s research, education, clinical care missions.
Financial Analysis: Develops quantitative analyses on the financial and operating performance of existing and new faculty and programs across research, education and clinical care missions; makes recommendations for business action based on the outcome of analyses and impact of changes to financial and productivity models; creates and develops business plans; assesses the impact of CUMC financial policies on current and future operations; performs trend analysis and forecasting of major areas of revenue and expense; develops cost-benefit analyses of proposed initiatives; oversees financial operations and analysis and provides support to develop models, business plans and other tools to allow for more efficient financial analysis and decision making; researches all key related business issues and incorporates findings into financial projections leading to investment recommendations.
Budget & Financial Reporting: Provides budget and financial analysis support to Chair, Department Administrator, faculty and managers; monitors actual results, identifies potential for shortfalls and recommends and implements steps to prevent and correct variances; prepares and distributes financial reports on a quarterly basis; in collaboration with Department Administrator and Revenue Cycle Manager, conducts routine status meetings with faculty; provides regular reporting to department senior leadership on the financial health of the department; identifies, recommends, and implements changes to processes and procedures to improve workflow; analyzes, reviews and administers internal cost allocation methodologies; recommends changes as appropriate; works closely with the Revenue Cycle Manager to monitor and report faculty practice plan finances and productivity.
Business Services & Accounting Operations: Oversees finance group; Finance Coordinator and planned Finance Assistant, who manage daily financial operations and transactions across Department; implement, communicate and manage department financial policies, accounting systems, and financial controls; process monthly fund transfers, expense corrections, and cost allocations; prepare and process labor accounting transactions; complete routine bank and account reconciliation; audit and approve department-wide procurement, p-card, petty cash, and accounts payable activity.
Finance Staff: Directly recruits, hires, trains, directs and develops Finance support staff; conducts performance and salary, promotions and disciplinary actions; manages employee relations issues to resolution; manages leave schedules (personal, vacation, sick) to ensure adequate staffing of financial functions; fosters growth and development of staff through effective coaching and by coordinating opportunities for continuing education, skill development and career growth; indirectly oversees training and evaluation of staff who access and use financial systems and process transactions within CUMC Administration and across the Department.
Financial Controls and Compliance: Serves as Controller for department; enforces financial policies, rules, and regulations; conducts internal audits, recommends corrective action; uses results to inform policies and systems; primary point of contact for financial matters between CUMC, P&S, affiliates and external agencies; meets fiduciary responsibility for financial controls and comply with all audit requirements.
Cross covers other related administrative positions and performs other duties as assigned.
Bachelor's degree or equivalent in education and experience, plus five years of progressive related financial experience in academic medical center setting; Master's preferred in Healthcare Finance, Accounting or Business Administration.
Ability to manage and work effectively with complex financial systems, models and methodologies; research and prepare comprehensive reports; plan, implement, and evaluate programs and services; and develop and maintain effective relationships with faculty, staff and administrators at all levels; excellent written/oral communication, interpersonal, and organizational skills needed. Expert-level computer skills including MS Excel, data warehouse and reporting tools, queries and reports.
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.
Columbia University is one of the world's most important centers of research and at the same time a distinctive and distinguished learning environment for undergraduates and graduate students in many scholarly and professional fields. The University recognizes the importance of its location in New York City and seeks to link its research and teaching to the vast resources of a great metropolis. It seeks to attract a diverse and international faculty and student body, to support research and teaching on global issues, and to create academic relationships with many countries and regions. It expects all areas of the university to advance knowledge and learning at the highest level and to convey the products of its efforts to the world.