Team Lead Financial Manager, School Of Medicine, Dean's Office-Finance

Virginia Commonwealth University (VCU) School of Medicine is a premier academic medical center located in the heart of Richmond. Accounting for almost half of VCU's sponsored research, the School of Medicine is internationally recognized for patient care and education.

Virginia Commonwealth University is an equal opportunity, affirmative action university providing access to education and employment without regard to race, color, religion, national origin, age, sex, political affiliation, veteran status, genetic information, sexual orientation, gender identity, gender expression, or disability.

Position Summary & Core Responsibilities:

The Dean's Office Finance Team Lead Financial Manager plays a crucial role in managing financial processes, data analysis, and reporting within the School of Medicine (SOM). This position serves as an integral member of the Office of Finance team, and will act as a resource and mentor for the Financial Analysts on the team. The Team Lead Financial Manager collaborates with various units, oversees budgeting, and ensures efficient commitment management and budget to actual analysis. The ideal candidate is detail-oriented, proficient in data analysis, and capable of making proactive and informed decisions based on data-driven insights.

Core Responsibilities:

1.Budget & Spend Monitoring, Financial Analysis, and Reporting (50%):

• Develop budget allocations for E&G and other fund sources within the SOM.

• Review spending patterns and identify significant variances.

• Prepare reports on revenue and expenditure data for management.

• Incorporate performance and staffing metrics into financial analyses.

• Evaluate expenditures based on programmatic needs.

• Collaborate with Dean's Office Finance team on student funding workflows and ensure accurate tracking of student-related financial transactions.

• Cross-train on all finance functions throughout the Dean's Office Finance Team

2.Database Management and Workflow Tracking within Anaplan (30%):

• Utilize Anaplan to build and track workflows related to commitments, budgeting, and budget to actual reporting.

• Maintain accurate records of commitments and financial transactions.

• Collaborate with stakeholders to ensure data integrity and efficient processes.

3.Internal Audit Testing Manager (10%):

• Oversee internal audit testing activities for financial processes.

• Ensure compliance with internal controls and policies for Procurement Cards, Index Reconciliation and Records management.

• Conduct risk assessments and implement corrective actions.

• Collaborate with auditors and address findings.

4.ARMICS Coordinator for Dean's Office (5%):

• Coordinate ARMICS (Annual Risk Management and Internal Control Self-Assessment) activities for the Dean's office.

• Update ARMICS process control assessments annually or as staff changes occur.

• Manage annual internal audit testing and compliance efforts.

5.Facilities Project Accounting/Reporting (5%):

• Monitor SOM facilities project allocations and expenses

• Produce regular reports on project status and financial requirements.

Team Leadership

• Serve as a resource and mentor to the team, providing guidance and support to enhance skills and career growth

• Provide back-up support to the Director of Resources & Budget Management when needed

• Foster a collaborative and positive work environment

Position will remain open until filled and has option for hybrid work.

The School of Medicine continuously strives for our workplace and learning environment to reflect the demographic and social milieu of the communities we serve. All qualified applicants are encouraged to apply.

VCU is committed to hiring veterans! VCU will include a veteran's period(s) of military service in the calculation of their annual leave accrual rate. This may provide veterans with an increased leave accrual!