Director of Finance I (School of Medicine - Central Finance)

The Johns Hopkins University School of Medicine is seeking a Director of Finance I. The Director of Finance I provides leadership, oversight, and strategic support for the financial management functions of a portfolio of clinical departments with multiple functional areas and/or service lines. This position has a dual reportion relationship to both SOM central finance and to administrative leaders in each of the respective departments. This position is responsible for all financial activity and oversight for the designated area and will provide senior management with financial reports and take actions to ensure good financial stewardship and achievement of budgeted financial performance. The position will ensure development of a strong finance team through the mentoring of key individuals.

Job Scope/Complexity

This position is responsible for developing and delivering comprehensive financial plans, managing the allocation and formulation of long-term financial plans, and ensuring compliance with financial regulations. The Director of Finance I must handle complex problem-solving and provide solutions to varied finance related queries across the division. It requires balancing multiple responsibilities and projects simultaneously, ensuring timely and effective support to the finance community.

Specific Duties & Responsibilities

• Collaborate with the Divisional Business Officer, Director of Research, Director of HR, Executive Directors of Strategic Finance, Research, and HR, and department administrators to align operational goals with divisional objectives.
• Develop and implement strategic financial plans aligned with the division's vision and goals.
• Work with divisional leadership to identify business needs, share best practices, and develop new services and support.
• Facilitate communication and collaboration with leadership to ensure that all factors are considered for the annual budget.
• Oversee the allocation and formulation of the five/ten-year financial plan and capital budget.
• Oversee and perform financial analyses of actual and budgeted performance as required to maintain control and address financial issues.
• Identify opportunities for financial innovation and continuous improvement.
• Develop and/or monitor compliance with financial policies and internal controls.
• Responsible for review and maintenance of monthly financial statements and reports for leadership.
• Submit quarterly financial projections and compare them to actuals, explaining variances.
• Oversee the accounting for income and expense budget projections and changes.
• Evaluate departmental financial performance and provide feedback for improvement.
• Ensure effective communication between functional units, departments, divisional leadership, and the dean.
• Directly supervise finance staff and provide oversight to ensure competencies and adequacy of work product.
• Support the professional growth of finance staff through training and development.
• Implement and maintain functional KPIs, goals, policies, practices, and standards.
• Continuously monitor and improve services, implement feedback mechanisms, and address issues promptly.
• Participate in monthly governance council meetings to uphold service level standards and foster ongoing improvement initiatives.
• Perform other related duties as requested.

• Bachelor’s Degree in Finance, Accounting, Business or related field.
• Eight years progressively responsible financial management experience, e.g., planning, directing, monitoring, organizing, and controlling the monetary resources of a department, center, or unit.
• Requires experience working on complex budgets.
• Financial planning experience.
• Supervisory experience.
• Additional education may substitute for required experience, and additional related experience may substitute for required education beyond a high school diploma/graduation equivalent, to the extent permitted by the JHU equivalency formula.

• Master's Degree in related field and/or Certified Public Accountant license.
• Professional experience in higher education or an academic medical center.

Technical Qualifications and Specialized Certifications:

• Knowledge of Excel, Access and Word.
• Knowledge of accounting and budgeting theory and practices.

Technical Skills and Expected Level of Proficiency

• Budget Management - Advanced
• Confidentiality and Discretion - Advanced
• Financial Analysis - Advanced
• Financial Internal Controls - Advanced
• Financial Planning - Advanced
• Financial Reporting and Analysis - Advanced
• Interpersonal Skills - Advanced
• KPI Management and Reporting - Advanced
• Problem Solving - Advanced

The core technical skills listed are most essential; additional technical skills may be required based on specific division or department needs

Classified Title: Director, Finance I   
Role/Level/Range: L/04/LG  
Starting Salary Range: $114,595 - $200,795 Annually ($157,750 targeted; Commensurate w/exp.) 
Employee group: Full Time 
Schedule: Monday-Friday, 8.30am-5.00pm 
FLSA Status: Exempt 
Location: Hybrid/School of Medicine Campus  2-3 Days per week
Department name: SOM Admin Finance FP&O   
Personnel area: School of Medicine