We are seeking a Sr. Financial Manager who will oversee the finance functions within the Department of Anesthesiology and Critical Care Medicine as well as collaborates with the School of Medicine's Research Management Services (RMS) for the sponsored funding of the department. Reporting to the Associate Administrator, this position manages the day-to-day operations of the financial staff responsible for School of Medicine budget development, financial analysis, monthly reporting, expense reimbursements, and account reconciliations.
Specific Duties & Responsibilities
Finance Responsibilities (75%)
Manage all financial lines of business (clinical, operating, discretionary, etc.) whose total expenses are in excess of $150 million dollars.
Monitor for profitability and complexity. Work in partnership with RMS to manage the research budget.
Perform comprehensive analysis of departmental financial performance on a monthly basis through the generation and examination of a set of detailed reports and analyses.
Develop and maintain various computerized management systems with spreadsheets and databases to assist with this process.
Design and produce various reports utilizing institutional data to create monthly, quarterly, and annual financial reports for departmental leadership, including Departmental Chair, Chief Administrative Officer and Divisional Chiefs.
Provide departmental information as requested by School, Hospital, or other external entities as requested and appropriate.
Ensures efficient management of departmental/divisional control salary, default accounts, and effort reporting. Collaborates with faculty and RMS to ensure resolution of funding shortfalls.
Collaborate as part of the department's senior finance team, on the budget process for JHU and JHH to ensure a reasonable budget is developed and aligned with departmental and institutional strategies and priorities.
Assist with the development of budget monitoring systems for JHU departmental funds. Review statements and ledgers, analyze variances and take appropriate action.
Ensure proper processes are in place for timely billing and receipt of revenues or other funding from contracted arrangements both internal and external to JHM.
Maintain Departmental accounts to ensure accurate and appropriate tracking of revenue and expenses according to Generally Accepted Accounting Principles and institutional policy.
Identify opportunities for cost-savings and revenue generation in order to allow Department to meet or exceed its budget targets.
Ensure departmental compliance with Internal Audit findings and ensure that appropriate internal controls are in place to allow timely and accurate accounting of departmental activities.
Work with Divisions to ensure compliance with departmental and institutional policies and procedures and expense controls.
Hire, train, supervise, and develop staff who perform financial support functions for the department including accounts payable, travel reimbursements, account reconciliations, P-cards, petty cash, maintenance of faculty allotment accounts, tuition remission, parking charges, etc.
Research Responsibilities (10%)
Partner with Research Management Services (RMS) to ensure that team are effectively partnering with and support the faculty, staff, and other researchers who apply for external funding and conduct the sponsored activity of the department.
Partner with RMS to ensure faculty, staff, and other researchers are allocated appropriately to sponsored accounts and that any unsponsored activity is reviewed for appropriate allocation. Project potential funding shortfalls and identify contingency plans to address them.
Act as first point of contact and resource guide within department for faculty, staff, and other researchers interested in research. This includes providing instruction on protocol, regulations, and guidelines pertinent to the agency/or university.
Support regular RMS meetings with principal investigators on financial status of their grants, gifts and contracts.
Provide oversight and funds management of internal ACCM research awards (StAAR).
Manage the effort-reporting process for research faculty.
Minimum Qualifications
Bachelor's Degree in Finance, Accounting, Business or related field.
Five years related progressively more responsible financial/accounting and financial management experience, e.g. planning, directing, monitoring, organizing and controlling the monetary resources of a department, center or unit. Requires experience working on a complex budget.
Additional education may substitute for required experience and additional related experience may substitute for required education, to the extent permitted by the JHU equivalency formula.
Classified Title: Sr. Financial Manager Role/Level/Range: ATP/04/PF Starting Salary Range: $83,100-$114,230-$145,360 Annually (Commensurate with experience) Employee group: Full Time Schedule: 3 days onsite (Mon/Wed/Thurs) 8:30 – 5:00 Exempt Status: Exempt Location: Hybrid/School of Medicine Campus Department name: SOM Ane Finance Personnel area: School of Medicine
Total Rewards The referenced salary range is based on Johns Hopkins University's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level. 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/
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 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.
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