Vice President, Finance and Administration
- Employer
- Philadelphia College of Osteopathic Medicine
- Location
- Pennsylvania, United States
- Salary
- Salary Not Specified
- Posted Date
- Aug 11, 2023
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Vice President, Finance and Administration
At PCOM, we espouse to grow a culturally competent workforce to advance healthcare that touches the lives of underserved communities. Diversity and inclusion is the core component of our institutional identity and a key pillar of PCOM’s strategic vision. Philadelphia College of Osteopathic Medicine affirms that diversity and inclusion are crucial to the intellectual vitality of the campus community. It is through freedom of exchange over different ideas and viewpoints in supportive environments that our graduates develop the critical thinking and citizenship skills that will benefit them throughout their lives.
Since 1899, PCOM has trained highly competent, caring physicians, health practitioners, and behavioral scientists who practice a “whole person” approach to care - treating people, not just symptoms. As the field of medicine has changed, we've changed with it - adapting our program offerings to better meet the needs of healthcare providers and the communities they serve. At the main campus in Philadelphia, Pennsylvania (PCOM), the branch campus in Suwanee, Georgia (PCOM Georgia), and our newest location in Moultrie, Georgia (PCOM South Georgia), PCOM students learn to approach problem-solving in a more professional, more team-oriented manner, which prepares them to work successfully in integrated healthcare settings with other health professionals. At Philadelphia College of Osteopathic Medicine you will be part of a caring, professional, and committed community focused on making the PCOM experience the best possible for our students.
We are currently seeking to fill our Vice President, Finance and Administration position at the Philadelphia campus with a highly qualified and passionate individual.
VICE PRESIDENT, FINANCE AND ADMINISTRATION
The Philadelphia College of Osteopathic Medicine (PCOM) invites nominations, inquiries, and applications for a visionary and strategic leader with a proven commitment to financial and academic excellence and shared decision making to serve as its next Vice President, Finance and Administration
The position reports to the President and is a member of the President’s Cabinet. This position provides vision, leadership, and strategic direction for the following areas of responsibility:
· Financial Planning, Budget & Analysis
· Administrative Services
- Chief Information Security Officer
- Student Services (Financial Aid and Registrar)
- Meta Christy Student Housing
- Facilities Management
- Planning, Construction and Real Estate
- Auxiliary enterprises such as Public Safety, Environmental and Occupational Safety, Distribution Services, Access Control, Food Services, etal.
To execute this role successfully, the successful candidate will lead an organization of approximately 100 employees across three (3) different locations to deliver essential infrastructure services for the institution. In addition to ensuring the effective operations, the VP is expected to fulfill the following overall responsibilities, and to ensure that leadership within Finance and Administration fulfill these expectations as well.
The Finance and Administration division is committed to building a positive, productive, and healthy organization that enables our team to serve the institution effectively.
This position is the primary liaison to the Board Foundation and Finance Committee and, with the Chief Legal Officer, to the Board Audit Committee. This position sits as an officer and board member of our student housing subsidiary and chair of our offshore captive insurer board of directors.
The individual in this role is expected to:
· Demonstrate exceptional leadership and communication skills.
· Provide strategic and innovative leadership in supporting the President and leadership in achieving the institutional strategic plan. For specifics, click go to ( https://www.pcom.edu/about/strategic-initiatives/pcom-2025.html ).
· Provide strategic leadership and vision in developing the organization structure and team members of finance and administration to ensure that the areas of responsibility deliver results that meet or exceed expectations, in alignment with the strategic plan.
· Develop and manage policies, procedures, and standards.
· Communicate regularly and effectively with team members, the campus community, and external stakeholders. This includes not only basic oral and written, but also development of webpages, newsletters, and other mechanisms to provide information and resources to campus users and external stakeholders.
· Address complex and sensitive issues with leadership and, as required, present to the system office, the board of trustees, external entities, and a variety of other stakeholders.
· Develop positive and effective working relationships with key colleagues and stakeholders across the campus community to foster trust, collaboration, and shared commitment.
· Collaborate with colleagues throughout finance and administration in identifying opportunities to serve campus more effectively, and addressing challenges in a timely manner.
· Serve on committees across campus as assigned that deal with a broad spectrum of university issues.
· Supervises the university’s controller, including management and establishment
and implementing goals, policies, and procedures relating to financial reporting,
student receivables, payables, and payroll.
· Supervises the budget, including responsibility for all university budget development
external reporting to the state and related financial matters.
· Timely and accurate completion of budget process and submission to appropriate
entities.
· Supervise all asset management functions; actively facilitates institutional funding
opportunities and is responsible for related financial matters.
· Assures proper accounting and reporting of all university assets.
· Responsible for overseeing the coordination process with external auditors.
· Evaluate potential transactions from a financial perspective.
· Implements and maintains best practice and industry standard fiscal controls.
· Approves agency budgetary adjustments and new personnel position requests and monitors agency patterns of expenditure.
· Follows current policies and procedures; proposes new policies and procedures or changes to existing policies and procedures when efficiency and effectiveness can be increased.
· Supervises the auxiliary enterprises, facilities planning and management, and
procurement services areas of the University to ensure consistency in practice
and work to streamline operations.
· Works closely with the Chief IT Officer
· Effectively ensures consistency and streamlining of processes.
· Effectively lead virtual, in-person and hybrid meetings.
The individual in this role is expected to establish and foster a strong, cohesive, and high-functioning team focused on results and built on trust, robust dialogue, commitment, and accountability; and to clearly convey PCOM and divisional missions and expectations, define roles and responsibilities, and build commitment to unit and institutional purpose and goals.
Required Knowledge:
· Advanced knowledge of financial, budget and business operations in higher education or a similarly complex environment.
· Knowledge of software applications, technology tools and mechanized systems related to the services and functions across the university.
· Knowledge of principles and practices of recruiting, training, supervision, and performance evaluation, including equity and promotion procedures as well as progressive discipline procedures and documentation.
Required Skills:
· Advanced skills in budget, financial management, analysis, and contract management.
· Advanced and inclusive leadership skills managing employees, activities, and change.
· Skills in developing effective and professional relationships with team members, customers and a diverse group of colleagues, executives, managers, and subject matter experts.
· Interpersonal effectiveness skills including professionalism, ability to address and manage conflict and difficult situations with tact, patience, and diplomacy.
· Strong time management skills and ability to deliver work on assigned schedules.
· Strong written and verbal communication skills.
· Strong skills with software and tools used in the environment including Google Workspace and Microsoft products for word processing, spreadsheets, presentations, video conferencing, shared workspaces, mail, calendaring, etc.
Required Abilities:
· Proven ability to build a vision and foster an inclusive, high-trust environment that achieves results.
· Ability to lead teams and serve as a role model, coach, and mentor.
· Ability to leverage technology and data to increase automation, streamline processes, and add value by generating data that can support analysis, inform decisions, identify concerns, and lead to continuous improvement.
· Ability to manage effectively in a resource constrained environment.
· Ability to establish and maintain effective working relationships with members of the campus community, system office members, and state and local government agencies, and the general public.
· Ability to collaborate effectively with colleagues to resolve complex issues to achieve desired outcomes or address significant issues, and also ability to act decisively and independently when requirement by circumstances.
· Ability to effectively communicate information related to the areas of responsibilities to diverse constituencies, at the appropriate level considering the audience and environment.
Required Experience:
· Master’s degree in business administration, finance, accounting, or relevant field.
· At least 10+ years of experience in leadership/management within higher education finance;
Preferred Experience:
· Advanced degree in finance, accounting, or business from an accredited institution.
· Professional accreditation such as CPA.
· Senior level experience in a similar role in Higher Education.
· Experience working in a shared governance environment
· Experience in Student Financial Aid and Registrar functions.
· Experience in multi-state campus branches and/or additional locations.
Compensation:
Compensation will be commensurate with experience including a competitive base
salary, bonus opportunity, and competitive benefits package.
PCOM is an equal opportunity employer and all qualified applicants will receive consideration. We adhere to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.
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