Director of Financial Services Pauley Heart CenterCardiology

Virginia Commonwealth University (VCU) School of Medicine is a premier academic medical center located in the heart of Richmond. Accounting for almost half of VCUs sponsored research the School of Medicine is internationally recognized for patient care and education. VCU School of Medicine comprises 18 clinical departments eight basic health science departments and 11 affiliated institutes and centers and provides preeminent education to physicians and scientists in order to improve the quality of healthcare for humanity. All fulltime university staff are eligible for our generous benefits package that includes choices for health vision and dental coverage lifeinsurance short and longterm disability coverage retirement planning taxdeferred annuity and cash match programs flexible spending accounts tuition benefits significant paidtime off12 paid holidays and more. Explore our benefits further here: Pauley Heart Center based at VirginiaCommonwealth University (VCU) in Richmond is a leader in cutting edgecardiovascular research and provides clinical services community education andoutreach programs throughout the region. We are seeking a director to overseefinancial management for the Center. This role is responsible for maintaininggeneral ledgers philanthropic fund balances and other financial records as well as serving as the primary financial contact for both internal and external partners. The Director will also support the management of theCenters business activities financial planning and reporting processes.

Key responsibilities include managing monthlyand yearend financial close processes budgeting forecasting preparinginternal and externalfacing financial reports and ensuring compliance withinstitutional and sponsors funding guidelines. The Director will also leadfinancial oversight of research grants managing expenditures related to salariesequipment and other researchrelated costs.

The ideal candidate will have experience ingrant postaward accounting and financial management of industry federalstate and philanthropic funding sources. This role demands a high level ofinitiative strategic planning and decisionmaking with significant impact onthe Centers operations and service delivery. Reporting the the Pauley Heart Center Director and Associate Director the Director is an integral member of a highly collaborative team helping to ensure successful achievement of the Centers financial and organizational goals.

Primary Responsibilities:

Financial Leadership: Oversee accounting budgeting and internal auditing for the Pauley Heart Centers finances and manage finance staff responsible for preparing monthly and annual financial statements and reports.
Budget Monitoring: Manage and track the Centers revenue and expense budgets including grants legislative allocations assets liabilities and contracts.
Budget Development & Forecasting: Lead budget development analysis and implementation. Prepare and update financial forecasts based on revenue and expenditure projections and adjust strategies as necessary.
Financial Reporting & Analysis: Prepare financial reports by project monitor spending patterns and provide leadership with insights on budget performance and projections.
Grant & Award Management: Prepare postaward financial reports for grants including personnel equipment and studyrelated costs for industry society state federal and philanthropic sponsored projects.
Internal Controls & Compliance: Develop and implement financial management tools ensuring adherence to institutional policies legal requirements and funding guidelines. Monitor and enforce internal controls in collaboration with senior leadership and VCU offices.
Stakeholder Collaboration: Build and maintain strong relationships with internal and external partners to ensure all financial reporting and compliance requirements are met.
Leadership & Reporting: Provide strategic financial guidance to senior leadership present financial analysis and ensure timely reporting to stakeholders.
Continuous Improvement: Foster a culture of process improvement incorporating technology and innovation to enhance financial operations.

Minimum Hiring Standards:

Education: Bachelors degree in Finance Accounting or a related field; advanced degree or certifications in Business Administration or related disciplines preferred.
Experience: Minimum of 5 years of progressive experience in budget management and financial administration within a researchoriented environment.
Skills: Strong attention to detail excellent organizational skills and the ability to manage multiple priorities in a fastpaced setting.
Integrity & Ethics: High level of integrity ethical conduct and professionalism.
Team Leadership: Ability to delegate tasks effectively promote teamwork and crosstrain staff to ensure smooth operations.
Communication: Excellent written and verbal communication skills with the ability to engage and collaborate effectively with diverse stakeholders.
ProblemSolving: Demonstrated ability to resolve complex financial issues independently while providing timely updates to leadership.
Demonstrated experience working in and fostering an environment of respect professionalism and civility with a population of faculty staff and students from various backgrounds and experiences or commitment to do so as a staff member at VCU.

Preferred Hiring Standards:

Certified Public Accountant preferred
MBA Degree a plus
More than 7 years experience in academic fiscal management preferred
Working knowledge of SAS Banner Chrome River Bank of America Works and public university policies surrounding procurement activities a plus

Additional Information:

Hours/weeks: 40 hours weekly
Days/hours: Monday Friday generally8:00 am 5:00 pm
Title Details: Director of Financial Services
University Title: Director FS 13
Job Codes: 18411Y18413Y)
University Job Family: Financial Services

The position will remain open until a candidate is selected.

Virginia Commonwealth University is an equal opportunity affirmative action university providing access to education and employment without regard to race color religion national origin age sex political affiliation veteran status genetic information sexual orientation gender identity gender expression or disability.

The School of Medicine continuously strives for our workplace and learning environment to reflect the demographic and social milieu of the communities we serve. All qualified applicants are encouraged to apply.

Demetria Patterson

Required Experience:

Director