Finance and Administrative Officer
The Finance and Administrative Officer (FAO) is a unique and exciting position responsible for providing leadership in the management of financial, operational, managerial, human resources, academic affairs, facilities, and other administrative operations. The position provides consultative support to the Department Chair and to the Associate Dean/Chief Financial and Administrative Officer, by advising on resolutions to complex administrative and financial matters. Serves as financial advisor to the department chair, responsible for managing the unit's operating budget, monitoring and/or participating in the development and implementation of Professional Service Agreements (PSA) and Provider-specific Profit and Loss (P&L) Statements; helps initiate the contracting process in partnership with the SOM Central Contracts unit, and manages the annual Faculty Appointments Renewal process. This position has significant responsibility in organizing work to achieve broadly stated goals for the department, programs, and lines of business. The FAO identifies objectives, provides leadership, develops strategies and policies, and functions with a high degree of autonomy. Lastly, the FAO also provides indirect supervision to the GME coordinators.
The School of Medicine (SOM) is growing and recruiting for two full time career FAOs - one for internal medicine and the second for family medicine.
The Internal Medicine department consists of approximately 15 clinical faculty FTE, 680 community/volunteer faculty, and 82 Resident FTE that are supported under the Graduate Medical Education (GME) program. Internal Medicine also has IM clinicians at various outpatient clinics managed by an appointed MD Program Director and under the purview of the Chair. The Internal Medicine budgets combined are valued at approximately $16M and are composed of multiple funding sources including clinical revenue, contracts and grants (C&Gs), S&S, state appropriations and gifts.
The Family Medicine department consists of approximately 15 clinical faculty FTE, 275 community/volunteer faculty, and 8 Resident FTE that are supported under the Graduate Medical Education (GME) program. Family Medicine also has FM clinicians at various outpatient clinics and a Hospitalist program managed by an appointed MD Program Director and under the purview of the Chair. The Family Medicine budgets combined are valued at approximately $5M and are composed of multiple funding sources including clinical revenue, contracts and grants (C&Gs), S&S, state appropriations and gifts.
The current setting for this position is hybrid with in-office setting three days per week with a remote option two days/week. Position is located at the UC Intelli-Center: 14350 Meridian Parkway, Riverside, CA, with planned re-location to the UCR Campus in Fall, 2023. Campus address: 900 University Ave Riverside, CA 92521.
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Bachelor's degree in related area and/or equivalent experience/training required.
Master's degree in business administration preferred.
8 - 13 years of related experience.
Directly related experience in forecasting, budgeting, analysis, general ledger, proformas, and reporting in a medical healthcare setting.
Demonstrated progressively responsible management experience in strategic planning, policy development, forecasting, resource analysis, financial management and budgeting.
Experience with financial management including budget and report preparation, analysis and forecasting across multiple funding sources from affiliation agreements, federal, state general and contract funds, grants, gifts, endowments, education and professional fee revenue.
Extensive experience in working with cross-functional teams.
Experience in finance and administration in a leadership role at a university or related environment.
Previous supervisory/managerial experience.
Previous experience with HIPAA Compliance.