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Position Information

About MSM

Morehouse School of Medicine ( MSM ) is a place of distinction, serving as the nation’s leading academic medical center for vulnerable populations. It’s also a place for passionate individuals looking to join a dedicated community working today to help prepare tomorrow’s leaders.

We exist to:

• Improve the health and well-being of individuals and communities;

• Increase the diversity of the health professional and scientific workforce;

• Address primary health care through programs in education, research and service;

With emphasis on people of color and the under-served urban and rural populations in Georgia, the nation and the world.

At Morehouse School of Medicine, we’re leading the creation and advancement of health equity. You will find a fulfilling career at MSM !

Posting Number NONAC3366

Job Title Manager, Financial Planning & Analysis

Position Title Manager, Financial Planning & Analysis

Position Type

Number of vacancies 1

Salary

Department Office of The Controller

Position Summary

This position provides financial and operational analytics, budgeting and forecasting, trend analysis, quantitative and qualitative assessment of risks and opportunities, identifies and executes upon process improvement opportunities and recommendations based on advanced financial analysis. This role also analyzes strategic initiatives, new business cases/opportunities, long-term forecasting, and ROI .

Description of Job Duties:

• Develops complex financial models and reports for forecasting, trending, and results analysis.

• Develop the budget and forecasts, maintain metrics, financial models and analyses, and reports for trending and results analysis.

• Analyze performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.

• Supervise finance staff. Provide ongoing guidance, coaching, and support for problem-solving on matters related to financial management. Works cross-functionally to ensure effective communication, accountability, and teamwork. Provide mentoring, as well as direct, timely feedback to team members, both positive and developmental. Create and monitor goals and metrics to guide and assess the performance of the team. Manage training and development and complete the overall annual performance management process for all staff.

• Manage financial activities and establish protocols to ensure financial transactions are processed in a timely and accurate manner. Approve expenditures for all units and evaluate operations to identify and implement improved procedures, policies, and strategies.

• Develop, implement, and monitor budget planning and control processes and procedures to ensure compliance with University and HGSE policies and procedures.

• Ensure accurate and timely financial reporting, including monthly and annual close reporting.

• Review and approve journal entries made by direct reports, and post entries when needed.

• Manage the day-to-day operations of the Budget Office. Provides day-to-day direction and guidance to staff, including assignment of duties and training in policies and procedures.

• Establish metrics, analyze, and leverage data and best practice insights, and prepare internal and external reports.

• Prepare and interpret management information and other financial reports.

• Analyze financial documents, statistical data, historical data and presents to and interprets for leadership.

• Develop and maintain budget dashboard and key performance indicators; coordinate with leadership to address issues, make improvements.

• Develop financial plans, forecasts, variance analysis, and provide observations regarding financial trends.

• Conduct and provide analyses, studies, and reports and make presentations and recommendations to improve efficiencies and optimize the use of resources.

• Oversees fiscal management and administration of budget; Monitor expenditures to ensure compliance.

• Meet with faculty and staff to review all fiscal activity and provide financial projections to show anticipated year end outcomes, including but not limited to requests for budget transfers, project period extensions, personnel, and non-personnel activity.

• Provide direct fiscal and administrative input towards the annual budget and management of all active funds. Perform financial analysis and prepare reports on all fiscal activity.

• Enhance financial reporting and monitoring systems; identify needs of internal and external customers; interpret, explain, and revise findings to ensure pertinent issues and concerns are addressed.

• Serves as a resource to faculty and staff by providing information and guidance on appropriate use of funds. Serves as a primary liaison to identify and resolve problems to ensure compliance with institutional policies and procedures.

• Attends committee meetings; provides information and responds to inquiries concerning day-to-day operations; remains current with trends and developments in Accounting, Finance, and related fields.

• Review and examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.

• Evaluate monthly financial performance against the plan, prior year, and forecast.

• Evaluate implication of Budget Requests and identifies alternatives when necessary.

• Lead preparation of monthly, quarterly, annual, and ad-hoc financial analyses and reports to maintain expenditure control.

• Collaborate in cross-functional development teams to improve strategic issues.

• Develop financial models and mining tools for variance analysis to project long term growth and determine the impacting business factors.

• Manage financial planning team operations.

• Develop operating budget and forecasts by estimating the costs and benefits of operating plans during the annual budget development cycle.

• Provide key financial analysis to enable both day to day and strategic decisions.

• Lead the development of short- and long-term financial forecasts and financial analysis.

• Review fiscal and budget assumptions in the development of operating budgets.

• Communicate to leadership the reasons behind the performance and results.

• Prepare business cases to support new initiatives, strategic and other business decisions

• Communicate results and recommendations for improvements to leadership that lead to cost reduction, revenue generation and streamlining operations.

• Prepare monthly financial reporting including variance and financial statement analysis.

• Able to clearly communicate a cohesive and concise story around drivers behind financial data and potential implications on future results.

• Manages annual budget processes, incorporating business initiatives, economic trends, and operational effectiveness. Aligns budget to mission, strategies, and gains alignment from stakeholders.

• Prepare annual targets and own the development of forecasts based upon ongoing performance and predictive financial models.

• Report on actual financial results against targets, provide analysis of forecast variances, and assist in guidance on future trends.

• Influence strong cross-functional communications and enhance efficiencies by leading teams through process improvement efforts.

• Create Management reporting and dashboards for daily and monthly key performance indicators and analyze trends including monitoring and developing new relevant key performance indicators.

• Perform ad hoc financial analysis projects and report preparation as identified by leadership.

• Partner with stakeholders on projects, strategic initiatives, and ad-hoc financial requests.

• Drive business value by providing financial data and insights.

• Analyze financial and operational results, perform variance analysis and present results and recommendations to enhance operational strategies both for awareness, effectiveness, and financial benefit.

• Assist in the preparation of executive/board level presentations.

• Create standards, and workflows for current and future state initiatives.

Knowledge, Skills, and Abilities:

• Knowledge of fund and cost accounting concepts; Strong understanding of Generally Accepted Accounting Principles ( GAAP ).

• Knowledge of fiscal/financial analysis, budgeting, forecasting, and mission-based budgeting; Experience providing financial analysis support to projects.

• Knowledge of budget management and control methods, procurement, and account payables/receivables.

• Knowledge and use of information systems and the expertise to adapt to the office environment

• Skilled in analyzing a variety of budgetary, financial, or statistical data.

• Skilled with efficiently organizing work, multi-tasking, and working with minimal supervision in a fast-paced, deadline-oriented environment.

• Ability to build relationships with internal departments and divisions (Controller, Budget Office, Grants and Contracts, HR, etc.), external partners, and affiliates.

• Ability to compile, analyze, and summarize probable financial income expenditures; Ability to allocate funds appropriately within specified timeframe; Ability to create and maintain an accounting system of expenditures.

• Ability to create, interpret, present, explain, and report complex financial data in a way that is understood by non-finance personnel.

• Ability to teach, guide, and train others and participate in decision-making discussions.

• Ability to be proactive, problem-solve, and be results-oriented while demonstrating superior analytical skills.

• Ability to present financial information and models in a concise and easily comprehensible manner.

  Minimum Qualifications

• Bachelor’s Degree in Finance, Accounting, Business, or related field; and

• 5 years progressively responsible related financial/accounting experience.

• Advanced knowledge in the use of spreadsheets, presentations and word processing required.

• Demonstrated knowledge of Pivot tables, formulas and other advanced Excel tools and functions.

• Experience in a supervisory/leadership role managing a team of finance professionals.

• Development of financial business models.

  Preferred Qualifications

• Certification in financial planning

• Master of Business Administration

• Demonstrated skills in a higher education environment

• Strong financial and analytical skills

• Financial and cost accounting modeling

  Closing Date

  Open Until Filled Yes

  Special Instructions to Applicants

  Quick Link https://careers.msm.edu/postings/20941

  EEO Statement Summary

Morehouse School of Medicine is an equal opportunity/equal access/affirmative action employer fully committed to achieving a diverse workforce and complies with all Federal and Georgia State laws, regulations, and executive orders regarding non-discrimination and affirmative action. Morehouse School of Medicine does not discriminate on the basis of race, age, color, religion, national origin or ancestry, sex, gender, disability, veteran status, genetic information, sexual orientation, or gender identity or expression.

Job Duties

Pre-Employment/Employment Requirements

All offers of employment are contingent upon successful completion of all pre-employment screenings.

Immunization

Immunization Requirements

It is MSM’s Immunization policy that all Prospective Employees are required to provide proof that they are vaccinated against COVID -19 prior to commencement of employment. If employment will commence during Flu Season, MSM requires all individuals to provide proof that they are vaccinated against Seasonal Influenza for the current Flu Season, unless granted an exemption. Failure to provide proof of vaccination for any required vaccines or obtain an exemption from MSM will result in rescission of a candidate’s offer of employment or disciplinary action up to and including termination.

Posting Specific Questions

Required fields are indicated with an asterisk (*).

• • What is your salary requirement

• • Are you comfortable working on-site?

(Open Ended Question)

• • Do you have 5 years of related financial/accounting experience?

(Open Ended Question)

• • Do you have a Bachelor’s Degree in Finance, Accounting, Business, or related field?

(Open Ended Question)

Applicant Documents

Required Documents

• Curriculum Vitae or Resume

  Optional Documents

• Cover Letter