Associate Director Financial Analysis

Department: MED-Office of Finance & Admin
Salary/Grade: EXS/10

Job Summary:

The Associate Director provides financial analysis and reporting management for Feinberg School of Medicine, as part of the central Finance and Administration team. The role is responsible for analyzing the allocation of school and department financial resources, assessing and reporting on financial performance and faculty compensation, and developing related systems, strategies, and resources for monitoring and tracking the school's financial performance.

This position oversees regular reporting and analysis on financial performance to be shared and distributed with unit, school, and university leadership. The Associate Director consults with school financial leadership to identify areas for development of new, and enhancement of, existing financial reporting and process to aid in leadership decision making. This role is expected to design and implement systems to support financial operations throughout the school.

Specific Responsibilities:

• Serves as project manager for the development and maintenance of tools and systems supporting the on-going tracking of financial performance within the school. Leads efforts on project scoping, proposal and design development, deliverable validation and quality assurance testing, and implementation management. Leads associated steering committee efforts, acts as a liaison to internal upstream and downstream stakeholders and coordinates external vendor relationships on behalf of Feinberg.
• Oversees faculty compensation program, including data modeling, merit increases, salary coverage, and incentive compensation administration. Recommends policy and parameters for program management and implements decisions. Reviews and provides analysis on metrics, including salary benchmarking and equity assessments.
• Oversees complex funding sources, performance and projections, including comprehensive commitment tracking for the school (e.g. appropriations, Dean's commitments, NMCat, Chair Discretionary funds). Focuses efforts on streamlining and improving transparency of commitment tracking systems and processes.
• Supports annual budget process, including fiscal resource allocation and faculty hiring plan development based on allocation and distribution of referenced funds. Provides recommendations based on projections and availability of funding sources.
• Reviews department and school financial performance, at individual and collective levels. Prepares and improves department summary reports, school financial projections, and leads data collection and preparation of various internal and external survey reporting.
• Builds, maintains and updates financial models and related analyses. Consults and recommends improved systems and requirements to enhance deliverable reports. Recommends methodology and standards, representing Feinberg's needs as appropriate to enterprise systems and committees.
• Offers mentorship and project-based oversight within the finance and administration team, including the potential for direct supervision of financial staff.

Miscellaneous

Performs other duties as assigned.

Minimum Qualifications:

• Bachelor's Degree in Accounting, Business Administration, Finance or related field; OR 2 years of work experience in financial administration; OR equivalent combination of education and experience where similar knowledge, skills, and abilities may be acquired.
• 8 years financial, budgeting &/or preparing account reconciliations or financial statements along with financial analysis experience.

Minimum Competencies: (Skills, knowledge, and abilities.)

• Excellent computer skills including proficiency in the use of spreadsheet, database and word processing software.
• Strong understanding of financial reporting.

Benefits:
At Northwestern, we are proud to provide meaningful, competitive, high-quality health care plans, retirement benefits, tuition discounts and more! Visit us at https://www.northwestern.edu/hr/benefits/index.html to learn more.

Work-Life and Wellness:
Northwestern offers comprehensive programs and services to help you and your family navigate life's challenges and opportunities, and adopt and maintain healthy lifestyles.
We support flexible work arrangements where possible and programs to help you locate and pay for quality, affordable childcare and senior/adult care. Visit us at https://www.northwestern.edu/hr/benefits/work-life/index.html to learn more.

Professional Growth & Development:
Northwestern supports employee career development in all circumstances whether your workspace is on campus or at home. If you're interested in developing your professional potential or continuing your formal education, we offer a variety of tools and resources. Visit us at https://www.northwestern.edu/hr/learning/index.html to learn more.

Northwestern University is an Equal Opportunity Employer and does not discriminate on the basis of protected characteristics, including disability and veteran status. View Northwestern's non-discrimination statement. Job applicants who wish to request an accommodation in the application or hiring process should contact the Office of Civil Rights and Title IX Compliance. View additional information on the accommodations process.

Target hiring range for this position will be between $87,899 to $123,608 per year. Offered salary will be determined by the applicant's education, experience, knowledge, skills and abilities, as well as internal equity and alignment with market data.

#LI-MB1