Associate Vice President & Chief Business Officer - Georgetown University Medical Center

Located in a historic neighborhood in the nation's capital, Georgetown offers rigorous academic programs, a global perspective, exciting ways to take advantage of Washington, D.C., and a commitment to social justice. Our community is a tight knit group of remarkable individuals interested in intellectual inquiry and making a difference in the world.

Requirements

As a top academic health and science center in the United States, Georgetown University Medical Center (GUMC) seeks to provide, in a synergistic fashion, excellence in education — training physicians, nurses and other health care professionals, as well as biomedical scientists — and cutting-edge interdisciplinary research collaboration, enhancing our basic science and translational biomedical research capacity in order to improve human health. Emphasizing service, we are dedicated to the Catholic, Jesuit principle of cura personalis — “care of the whole person.” Our partnerships with organizations in the region strengthen our work and expand its reach.

The Associate Vice President & Chief Business Officer is a highly skilled and experienced finance professional to join our Center’s (GUMC) financial leadership team. They will serve as a key member of the Vice President for Finance’s (VPF) leadership team working closely with Senior Business Managers and finance teams to ensure the financial health and sustainability of GUMC. The incumbent will serve as the Deputy Financial Officer and as a strategic partner to the VPF, in financial administration and in GUMC's accounting operations, including finance, grants management, endowment, accounting, payroll, taxes, student business operations, contract review, budget, purchasing/procurement, audit control and compliance, and technology resources. This role involves strategic financial planning, oversight of financial operations, supervision of the GUMC finance team, and collaboration with various stakeholders within the institution. Additional duties include but are not limited to:

Financial Planning and Strategy

• Assist the VPF in developing and implementing financial strategies aligned with the institution's mission, goals, and strategic plans.

• Contribute to formulating annual budgets, forecasts, and multi-year budgeting/forecasting.

• Interact on a consistent basis with the GUMC Office of Communications, Faculty Affairs, University Counsel, Regulatory Affairs, Human Resources, and the executive staff, acting as point of contact for GUMC’s external academic and research partners regarding financial matters.

Financial Operations Oversight & Risk Management

• Supervise financial operations, including budgeting, accounting, and financial reporting.

• Ensure compliance with accounting standards, regulations, and institutional policies.

• Identify financial risks and implement risk mitigation strategies.

• Review financial aspects of the agreements, both internal and external, to ensure the best interests of the University/GUMC.

Stakeholder Collaboration

• Collaborate with academic and administrative departments to provide financial guidance and support.

• Collaboration with external partners, both research and academic.

• Engage with senior leadership to communicate financial performance and contribute to decision-making processes.

Financial Reporting, Analysis, Compliance

• Prepare and present financial reports to the CFO and other stakeholders.

• Conduct financial analysis to support strategic decision-making and resource allocation.

• Ensure compliance with regulatory requirements.

• Implement and maintain internal controls to safeguard financial assets.

• Supervise the core finance leadership team for GUMC.

Requirements and Qualifications

• Master's degree in Business Administration or equivalent experience

• At least 7 years of progressive experience in a related field, preferably in higher education or another research-based non-profit organization

• Expertise in externally funded research in a medical setting, financial analyses, financial modeling, resources-based cost accounting, budgeting, cost estimating and control, and strategic planning

• Strong computer skills, analytical skills, and attention to detail and understanding, as well as appreciation of higher education

• Experience with a medical center and research with excellent written and verbal communication s