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Position Summary:

Florida Atlantic University is seeking a Director of Finance - Boca Raton, FL.

The Director of Finance is a key leadership role within the College of Medicine, responsible for participating in the oversight of the financial operations of the medical school the clinical practice, and graduate medical education (GME) and other functions deemed necessary by the Dean. This position plays a critical role in financial planning, analysis, and decision-making to support the strategic goals and financial sustainability of the College of Medicine.

Key Responsibilities:

Financial Planning and Analysis: Develop and manage the annual operating budget for the College of Medicine, which may include clinical practice plans and GME programs at affiliate sites. Provide financial forecasting, modeling, and analysis to support strategic decision-making, resource allocation, and revenue optimization. Collaborate with senior leadership to establish financial goals and objectives.

Practice Plan Management: Participate in the financial management and operations of the College of Medicine's practice plan, which may include physician billing, collections, revenue cycle management, and compliance with regulatory requirements. Develop and implement financial policies and procedures to ensure effective financial controls, operational efficiency, and revenue optimization.

Assist the Dean’s Office with oversight of the Self Insurance Plan (SIP) and development of an effective information security and risk management strategy.

Work closely with College of Medicine leadership and clinical faculty, hospital leadership, community-based physicians, to provide an efficient and accountable service-oriented infrastructure.

Graduate Medical Education (GME) Financial Management: Manage the financial aspects of the GME programs within the College of Medicine. Coordinate budgeting, financial reporting, and financial analysis for GME programs, including resident and fellow stipends, educational expenses, faculty salaries, and program development costs. Ensure compliance with funding regulations and reporting requirements.

Work closely with the Dean’s Office to provide vision, support and strategic direction to the Dean, Designated Institutional Official (DIO), affiliated hospital leadership and physician practice groups in the development, organization and the delivery of residency training programs.

Continually enhance the collaborative relationship between the College of Medicine Graduate Medical Education (GME) programs, the GME Consortium, and other College of Medicine clinical affiliates/partners to move the academic health care training and research agenda forward.

Assist the Dean’s Office in providing support to the DIO and Program Directors on the development of the GME program and the structuring of the financial management of GME with all affiliated training sites, including financial projections, information management and funds flow for all programs

Guide the DIO in the preparation of annual budgets and oversee and report on budget execution throughout the year to achieve business objectives

Financial Reporting and Compliance: Prepare and present financial reports, statements, and analyses to senior leadership, department chairs, and other stakeholders. Ensure accuracy, integrity, and compliance with accounting principles, regulatory guidelines, and institutional policies. Collaborate with internal and external auditors for financial audits and reviews.

Financial Strategy and Improvement: Develop and implement financial strategies, initiatives, and process improvements to enhance financial performance, optimize revenue generation, and control costs within the College of Medicine. Identify and evaluate revenue diversification opportunities and cost-saving measures to improve financial sustainability.

Financial Partnership and Stakeholder Engagement: Collaborate with department chairs, faculty, administrators, and external partners to provide financial guidance, support, and analysis. Serve as a strategic partner to support academic and clinical departments in achieving financial goals, managing resources effectively, and optimizing revenue opportunities.

Team Leadership and Development: Lead and manage a team of finance professionals, providing guidance, mentorship, and support for their professional growth and development. Foster a culture of collaboration, accountability, and continuous improvement within the finance team.

Perform other job-related duties as assigned by the Dean.

The College of Medicine at Florida Atlantic University seeks scholars who are committed to supporting the learning needs of students from diverse backgrounds and to thoughtfully engaging all communities in higher education. Florida Atlantic University embodies a culture of strategic and collaborative community engagement that results in mutual benefit to the institution and the various internal and external communities that it serves. 

FAU Benefits and Perks: 

If Benefits & Perks are important to you, then FAU is the place to be! Working at FAU has its perks! In addition to helping drive change and having a positive impact by supporting our students, staff, and faculty, FAU offers: 

Excellent benefit packages including Medical (PPO/HMO $50 per month single & $180 per month family), Dental, Vision, Life Insurance, Flexible Spending plans, Employee Assistance Program (EAP) and much more. 

State retirement options including tax-deferred annuities and Roth 403(b) plans. 

State employees Public Service Loan Forgiveness (PSLF) program - https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service 

Flexible work arrangement plans - https://www.fau.edu/hr/employee_relations/flexwork.php 

Sick Leave Pool Program 

Paid time off (eligible employees) including vacation and sick leave, 1 personal day, 9 paid holidays, and paid winter break (at President’s discretion). 

Paid Community Engagement Volunteer Service Day - https://www.fau.edu/hr/documents/community-engagement-volunteer-leave4-2015.pdf 

Employee Educational Scholarship Program (EESP) for eligible Staff/Faculty - Tuition assistance after 6 months of full-time employment. For in-unit faculty, the EESP program may be extended to spouses and dependent children (eligibility rules apply). 

For details on FAU's amazing offers visit us at https://www.fau.edu/hr/benefits/index.php 

Explore Living in Palm Beach County: 

The goal is to provide local employers and new employees in the area a comprehensive guide with places to live. View it here: www.bdb.org/apartments 

Minimum Qualifications:

A master's degree from an accredited institution in an appropriate area of specialization and six (6) years of appropriate experience; or a bachelor's degree from an accredited institution in an appropriate area of specialization and (8) years of appropriate experience required.



Preferred Qualifications/Skill:

Master’s degree, particularly MBA/MHA with a field of study in finance, accounting, business administration, or a related field.

CPA certification.

Extensive experience in finance, accounting, or related roles within a healthcare or academic environment, preferably within a college of medicine.

Strong knowledge of financial management principles, practices, and regulatory requirements related to healthcare finance, physician practice management, and GME funding.

Experience in practice plan management, including physician billing, revenue cycle management, and compliance with regulatory guidelines.

Demonstrated experience in financial planning, budgeting, forecasting, and financial analysis.

Excellent analytical, problem-solving, and decision-making skills, with a focus on data-driven insights.

Proficiency in financial software systems and tools, as well as advanced knowledge of spreadsheet and financial modeling applications.

Strong leadership, communication, and interpersonal skills, with the ability to collaborate effectively with diverse stakeholders.

Salary:

Commensurate with experience.

College or Department:

College of Medicine

Location:

Boca Raton

Work Days and Hours:

Monday - Friday, 8 a.m. - 5 p.m. Occasional evenings and weekends as needed.

Application Deadline:

2025-01-05

Special Instructions to Applicant:

This recruitment has been reopened; all previous applicants are still under consideration and need not reapply. This position may close without prior notice.

APPLICATION DOCUMENTS REQUIRED:

Resume





OFFICIAL SEALED TRANSCRIPTS REQUIRED:
Final candidate will be required to have official, sealed transcripts and original NACES evaluation, if applicable, sent from their educational institution to Human Resources prior to the start of employment.


PRE-EMPLOYMENT SCREENINGS REQUIRED:
Selected candidates must successfully complete and pass all employment screenings prior to the start of employment. Employment screenings may include a criminal background check (level I and level II), motor vehicle check, credit check, reference checks, alcohol, and drug screening check.


REQUEST FOR ACCOMMODATIONS:
Individuals with disabilities requiring accommodations may contact Human Resources at 561-297-3057. For inquiries concerning employees, job applicants or other available accommodations, please email accommodate@fau.edu or call the Office of Civil Rights and Title IX at (561) 297-3004.


As a Hispanic-serving institution, Florida Atlantic University (FAU) is one of the most racially and ethnically diverse institutions in the Florida state university system. We are committed to recruiting and retaining talented faculty and staff. We embrace our shared responsibility to create and celebrate a welcoming and inclusive campus environment for all. Our community features excellent schools, a vibrant and safe community, and a sub-tropical climate conductive to year-round outdoor activities.