As the Manager of Academic Finance, you will be responsible for the operating budget for Academic Affairs and Research Department. Develops a long-range Financial Plan for the Academic Affairs and Research department. Supervises the Academic Affairs Finance team in supporting the departments budgeting, monthly financial analysis and biweekly productivity reporting.
Primary duties and responsibilities in order of most significance:
Manage and maintain the Academic Enterprise's long-range planning system (Kaufman Hall).
Utilize system to incorporate new system initiatives into academic financial operations to ensure sustainable funding.
Provide analysis and interpretation of year-to-year trends identified by system through reports to Exec. VP of Academic Affairs and VP of Research.
Provide ideas and options with a strategic perspective to ensure financial viability of existing academic programs and new initiatives.
Lead budget development with Chairs, Service-Line VP's, Directors incorporating new strategic initiatives, faculty and staff resource requirements and Academic Enterprise financial targets.
Create and implement individual department budgets and interface with Finance (hospital financial system).
Develop capital budget and manage use of capital in support of Academic Enterprise and Research Institute.
Define strategic plan for optimizing resources to fund institutional commitments, manage liabilities to ensure adequate resources available and in special situations negotiate with Chair/ Faculty on disbursement of contractual funds as needed.
Design, implement, load, and train on new interactive expense model for individual department budgets and integrate with new revenue forecasting tool.
Manage complex network of various funding sources that support academic operations and research administration to provide strategies to enable enterprise growth.
Direct collaboration with departments in cross-functional improvement and problem solving to ensure effective coordination of services within the departments and institutes.
Lead collaborative efforts with Finance, Community Relations, Service Line Vice Presidents, and individual Pl's regarding use of restricted accounts.
Direct monthly research/ restricted account reports and cultivate strategy with Executive Vice President on future use of sources.
Maintain Master Sources and Uses of Funds for entire Academic Enterprise (Over $510M).
Create and implement sound strategies that optimize each of the various funding sources [Funds 10, 11,15,17) and ensure proper accounting compliance.
Develop and maintain individual Faculty Commitment status documentation and implement Pl sign off on a fiscal year basis.
Identify and create resolutions to resolve monthly budget to actual variances for individual departments and Academic Enterprise in total with Executive Vice President.
Coordinate implementation of Faculty Incentive compensation distribution collaboratively with Academic HR and the Departments.
Additional primary duties and responsibilities that are only performed in the specific department(s) below:
Direct implementation of all institutional commitments provided to Department Chairs, faculty, and their new faculty recruit commitments to ensure resources are available and properly utilized.
Develop and administer department's annual academic budget collaboratively.
Serve as institutional resource in matters related to academic component of departments financial operations.
Problem solving and strategic planning services provided through the delivery of financial data.
Lead resolutions to budgetary issues and funding gaps.
The Research Institute:
Develop and enable resources to support the Research Core operations in collaboration with ORA and Core Directors.
Manage centralized research equipment purchases campus wide.
Management including oversight of ORA implementation of small research awards.
Control use of Capital Improvement Project funding.
Lead financial review of Actual vs. Budget variances and Capital resources.
Provide direction in allocating resources to ensure that the extensive and complex needs of the Research Institutes are met (Faculty Recruitment, Relocation, and Renovations).
Teamwork/Customer Relation Responsibilities
Shares knowledge, time and expertise to assist other members of the team.
Responds timely, effectively and appropriately to deliverables.
Supervises the day-today work of employees, assigns work, ensures tasks are completed and deadlines are met.
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scientists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research... and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major teaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competitive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.