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INTRODUCTION

The Johns Hopkins University School of Medicine is seeking a Director of Finance I. The Director of Finance I provides leadership, oversight, and strategic support for the financial management functions of a portfolio of clinical departments with multiple functional areas and/or service lines. This position has a dual reporting relationship to both SOM central finance and to administrative leaders in each of the respective departments. This position is responsible for all financial activity and oversight for the designated area and will provide senior management with financial reports and take actions to ensure good financial stewardship and achievement of budgeted financial performance. The position will ensure development of a strong finance team through the mentoring of key individuals.

Job Scope/Complexity

This position is responsible for developing and delivering comprehensive financial plans, managing the allocation and formulation of long-term financial plans, and ensuring compliance with financial regulations. The Director of Finance I must handle complex problem-solving and provide solutions to varied finance related queries across the division. It requires balancing multiple responsibilities and projects simultaneously, ensuring timely and effective support to the finance community.

Specific Duties & 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 that all factors are considered for the annual budget.
• Oversee the allocation and formulation of the five/ten-year financial plan and capital budget.
• Oversee and perform financial analyses of actual and budgeted performance as required 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.
• Responsible for review and maintenance of monthly financial statements and reports for leadership.
• Submit quarterly financial projections and compare them to actuals, explaining variances.
• Oversee the 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 provide oversight to ensure 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.

MINIMUM QUALIFICATIONS

• Bachelor’s Degree in Finance, Accounting, Business or related field.
• Eight years progressively responsible financial management experience, e.g., planning, directing, monitoring, organizing, and controlling the monetary resources of a department, center, or unit.
• Requires experience working on complex budgets.
• Financial planning experience.
• Supervisory experience.
• Additional education may substitute for required experience, and additional related experience may substitute for required education beyond a high school diploma/graduation equivalent, to the extent permitted by the JHU equivalency formula.

PREFERRED QUALIFICATIONS

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

Technical Qualifications and Specialized Certifications:

• Knowledge of Excel, Access and Word.
• Knowledge of accounting and budgeting theory and practices.

Technical Skills and Expected Level of Proficiency

• Budget Management - Advanced
• Confidentiality and Discretion - Advanced
• Financial Analysis - Advanced
• Financial Internal Controls - Advanced
• Financial Planning - Advanced
• Financial Reporting and Analysis - Advanced
• Interpersonal Skills - Advanced
• KPI Management and Reporting - Advanced
• Problem Solving - Advanced

The core technical skills listed are most essential; additional technical skills may be required based on specific division or department needs.

Classified Title: Director, Finance I

Role/Level/Range: L/04/LG

Starting Salary Range: $114,595 - $200,795 Annually ($157,750 targeted; Commensurate w/exp.)

Employee group: Full Time

Schedule: Monday-Friday, 8.30am-5.00pm

FLSA Status: Exempt

Location: Hybrid/School of Medicine Campus

Department name: SOM Admin Finance FP&O

Personnel area: School of Medicine

Total Rewards

The referenced base salary range represents the low and high end of Johns Hopkins University’s salary range for this position. Not all candidates will be eligible for the upper end of the salary range. Exact salary will ultimately depend on multiple factors, which may include the successful candidate's geographic location, skills, work experience, market conditions, education/training and other qualifications. Johns Hopkins offers a total rewards package that supports our employees' health, life, career and retirement. More information can be found here: https://hr.jhu.edu/benefits-worklife/.

Education and Experience Equivalency

Please refer to the job description above to see which forms of equivalency are permitted for this position. If permitted, equivalencies will follow these guidelines: JHU Equivalency Formula: 30 undergraduate degree credits (semester hours) or 18 graduate degree credits may substitute for one year of experience. Additional related experience may substitute for required education on the same basis. For jobs where equivalency is permitted, up to two years of non-related college course work may be applied towards the total minimum education/experience required for the respective job.

Applicants Completing Studies

Applicants who do not meet the posted requirements but are completing their final academic semester/quarter will be considered eligible for employment and may be asked to provide additional information confirming their academic completion date.

Background Checks

The successful candidate(s) for this position will be subject to a pre-employment background check. Johns Hopkins is committed to hiring individuals with a justice-involved background, consistent with applicable policies and current practice. A prior criminal history does not automatically preclude candidates from employment at Johns Hopkins University. In accordance with applicable law, the university will review, on an individual basis, the date of a candidate's conviction, the nature of the conviction and how the conviction relates to an essential job-related qualification or function.

Diversity and Inclusion

The Johns Hopkins University values diversity, equity and inclusion and advances these through our key strategic framework, the JHU Roadmap on Diversity and Inclusion.

Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

EEO is the Law

https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf

Accommodation Information

If you are interested in applying for employment with The Johns Hopkins University and require special assistance or accommodation during any part of the pre-employment process, please contact the Talent Acquisition Office at jhurecruitment@jhu.edu. For TTY users, call via Maryland Relay or dial 711. For more information about workplace accommodations or accessibility at Johns Hopkins University, please visit: https://accessibility.jhu.edu/.

Vaccine Requirements

Johns Hopkins University requires all faculty, staff, and students to receive the seasonal flu vaccine. Exceptions to the flu vaccine requirements may be provided to individuals for religious beliefs or medical reasons. Requests for an exception must be submitted to the JHU vaccination registry.

The following additional provisions may apply, depending upon campus. Your recruiter will advise accordingly.

The pre-employment physical for positions in clinical areas, laboratories, working with research subjects, or involving community contact requires documentation of immune status against Rubella (German measles), Rubeola (Measles), Mumps, Varicella (chickenpox), Hepatitis B and documentation of having received the Tdap (Tetanus, diphtheria, pertussis) vaccination. This may include documentation of having two (2) MMR vaccines; two (2) Varicella vaccines; or antibody status to these diseases from laboratory testing. Blood tests for immunities to these diseases are ordinarily included in the pre-employment physical exam except for those employees who provide results of blood tests or immunization documentation from their own health care providers. Any vaccinations required for these diseases will be given at no cost in our Occupational Health office.