Associate Administrator
University of Maryland, Baltimore (UMB) · Baltimore, MD · 1 wk ago
Information Technology$206k–$222k/yrFull-time
About the role
The School of Medicine’s Marlene & Stewart Greenebaum Comprehensive Cancer Center (UMGCCC) at the University of Maryland, Baltimore seeks an Associate Administrator for Finance (Administrator, Associate).
Responsibilities
- Ensure compliance with State of Maryland Cigarette Restitution funds, and NCI Cancer Center Support Grant (CCSG) guidelines, including managing CCSG supplementals, renewals, and non-competing renewals.
- Collaborate with management, lead long-range strategic planning and financial modeling to support the Cancer Center Director's vision including plans to further UMGCCC’s research mission, and the development of funding plans for new faculty recruitment efforts.
- Develop and manage complex annual budgets that integrate state appropriations, gift/endowment funds, and grant income.
- Implement internal controls and audit systems to mitigate financial and regulatory risks.
- Oversee budgeting and financial reporting, including tracking of all financial transactions, reporting transactions to external agencies, and providing detailed financial plans to the department head.
- Oversee all financial transactions for clinical revenue including annual audits, tax return preparation and cash management.
- Formulate annual All Funds Budget of over $50M, along with individual operating budgets for faculty, shared services, and the clinical practice.
- Lead financial officer and head of administrative functions for UMGCCC. Responsibilities include budgeting and financial reporting, payroll, cash planning and maintenance of banking relationships.
- Collaborate with upper-level management and other directors within the business unit and throughout the campus to ensure the delivery of high-quality service.
- Represent the UMGCCC both internally and externally through participation in campus meetings, special projects, and other activities as needed.
- Oversee management of complex funding and service agreements, patient billing and managed care contracts.
- Review, analyze and interpret all financial and budgetary reports to ensure timely and effective decision making by senior management.
- Provide support to the senior leadership in achieving financial objectives for the assigned area(s) of responsibility including negotiating and optimizing managed care agreements, medical service plan issues and technology transfer opportunities.
- Oversee the income of the UMGCCC, including coordinating payments from different budget sources, patient billing, managed care contracts and other sources, as well as managing the purchasing of supplies and other expenses.
- Manage funds flow models that distribute clinical revenue to support academic and research priorities.
- Maintain financial management systems and internal controls required to ensure that the clinical department commitment, operating, and cash management accounts are safeguarded and that accounts are appropriately maintained in order to ensure accurate financial data.
- Administer payroll and fringe benefits systems which may include the coordination and processing of multi employment entities (UMB, UMMS, UPI, private practice, and VA).
- Direct the financial and administrative management of University of Maryland, Oncology Associates, P.A. (OAPA), UMGCCC’s clinical practice.
- Develop, direct, and implement critical clinical financial path activities and projects to ensure efficient and effective processes and practices.
- Define and deliver key performance indicators (KPIs) and dashboards to track operational performance.
- Prepare operating budget, project budget drafts, and financial reports including tracking of all financial transactions, reporting transactions to external agencies, and providing detailed financial plans for decision making by the department head.
- Review and provide stakeholders with monthly financial status reports from the University that reflect expenses to-date, anticipated income, and projected expenses, and annual balances for each account.
- Work closely with clinical research staff to ensure that all clinical trial billings are up to date and consistent with patient accruals and that research effort of investigators and support staff are appropriately charged.
- Oversee all financial transactions for UMGCCC philanthropic accounts. Approve and monitor expenditures.
- Supervise UMGCCC Finance Office staff. Ensure efficient recruitment/interviewing and training functions to continually review strengths and areas of development in maintaining a staff of well-trained, highly involved, and motivated employees.
Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration and/or related field.
- Master's degree in related field preferred.
- Nine (9) years of accounting, budgeting, auditing, assessment of internal controls, or financial analysis experience with at least five (5) years in a college, university, of government accounting environment in a management position preferred.
- Five (5) years of direct management involved in recruitment, training, and professional development of staff.
- Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Financial Manager (CFM), or Certified Internal Auditor (CIA) preferred.
Skills and Abilities
- Thorough knowledge of position requirements.
- Thorough knowledge of all applicable requirements, regulations, and laws.
- Effective use of applicable technology/systems.
- Effective communication both verbal and written thoughts, ideas, and facts.
- Support a mission and strategic vision.
- Instructional, training, and teambuilding skills to strengthen and cultivate relationships.
- Consultation and change management skills.
- Ability to demonstrate, understand, apply, and adhere to the UMB Core Values of Respect and Integrity, Well-being and Sustainability, Equity and Justice, and Innovation and Discovery.