Description
Penn Medicine is dedicated to our tripartite mission of providing the highest level of care to patients, conducting innovative research, and educating future leaders in the field of medicine. Working for this leading academic medical center means collaboration with top clinical, technical and business professionals across all disciplines.
Today at Penn Medicine, someone will make a breakthrough. Someone will heal a heart, deliver hopeful news, and give comfort and reassurance. Our employees shape our future each day. Are you living your life's work?
Entity: CORP
Department: UPHS Financial Rptg AVP
Location: Centre Square West Tower- 1500 Market Street
Hours: 8hr Days (Hybrid)
Summary:
- Reporting to the Associate Vice-President, Corporate Finance, the Director of Finance will work closely with the Corporate Information Services leadership teams in the development of financial structures, policies and measures to lead and manage business objectives and oversee the department accounting operations.
Responsibilities:
- Responsible and accountable for having financial statements and statistical results accurately and consistently reported and prepared on an accrual basis in conformity with general accounting principles and in accordance with Penn Medicine’s policies and procedures. The individual must have a working knowledge of University/SOM/Hospital side of financial operations. Leads the department fiscal year Capital and Operating Expense budgeting process to be in alignment with Penn Medicine goals and targets. Accountable to maintain a system of internal/business controls which are designed to provide reasonable assurance to Penn Medicine Management and Trustees that the information for the department is accurate, timely and reliable. Oversees the monthly financial reporting and variance processes for the department. This includes: review of department income statement and department balance sheet financial statements. Plans and projects departmental expenses. Works with department leadership to identify trends or potential issues. Communicates to department to discuss potential impact and create remediation plans. Accountable for annual budget and current year projections including department and division P&L projections in a manner to project sufficient detail. In addition, prepares a three-year department/division level projection. Works closely with department leadership to prepare business plans for new business ventures, including financial accountability, resource management, and evaluation of implementation requirements, costs and return on investment. Assists and supports department leadership in strategic and operational planning initiatives. Oversees a team of professional staff to support the function.
Credentials:
- Certified Public Accountant
Education or Equivalent Experience:
- Bachelor of Arts or Science (Required)
- Education Specialization: Business Administration, Accounting, Finance or related Equivalent Experience
- And 10+ years Finance, Financial Reporting, Accounting
- 3+ years Supervisory experience required
OR
- Master of Arts or Science AND
- 5+ years Experience in a complex organization or Academic Health System
We believe that the best care for our patients starts with the best care for our employees. Our employee benefits programs help our employees get healthy and stay healthy. We offer a comprehensive compensation and benefits program that includes one of the finest prepaid tuition assistance programs in the region. Penn Medicine employees are actively engaged and committed to our mission. Together we will continue to make medical advances that help people live longer, healthier lives.
Live Your Life's Work
We are an Equal Opportunity and Affirmative Action employer. Candidates are considered for employment without regard to race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, familial status, genetic information, domestic or sexual violence victim status, citizenship status, military status, status as a protected veteran or any other status protected by applicable law.
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