Friday , February 23 2024

Finance Director – Massachusetts General Hospital Job

Website Massachusetts General Hospital

Job Description:

The Director of Finance and Strategy will report directly to the Institute Chief Operating Officer (COO) and will work closely with the COO providing financial and strategic support.

The focus of this position will be to develop, manage and implement the Financial Strategy function at the Ragon Institute including leading the following key areas: Finance, Organizational Policies & Procedures, Core Facilities, Procurement, & Risk Management. A secondary focus will be leadership of organizational-level special projects deemed critical to the ongoing success of the Ragon Institute, as defined by the COO.

The position will be a senior level position within the Institute. S/he will meet regularly with Executive Leadership and give presentations to all parts of the Institute.

Job Responsibilities:

  • Working directly with the COO to define & prioritize key initiatives which will result in high-impact returns for the organization
  • Drive the development and execution of the Ragon wide Financial Strategic plan
  • Act as an advisor to the COO and leadership team for Institute-wide objectives.
  • Oversee financial management & distributions from Ragon Gift/Endowment ($240 million), facilitating efficient and accurate disbursement of these funds for Institutional priorities.
  • Manage the award process for internal and external funding mechanisms such as Ragon Strategic Initiatives and Ragon Fellowship Awards.
  • Directly supervise & mentor support staff which will include hiring, annual performance management reviews, and termination responsibilities. The number of direct reports and operational functions overseen may expand over time based on the ongoing needs of the COO and the growth of the Institute.

Job Requirements:

  • Provide financial leadership on issues pertaining to the expansion of the Ragon Institute including operational and facility related matters.
  • Under the guidance of Ragon Institute Leadership (Director, Associate Director, & COO), work to define and implement strategic plans which support the continued growth of the Ragon Institute.
  • Ensure that all policies and initiatives align with Institute’s mission, vision, and values.
  • Translate strategies into clear objectives and action plans & support the implementation of these plans.
  • Functions of strategic support may include HR, IT, International Programs, Regulatory, etc.

Qualification & Experience:

  • Distinctive quantitative financial analysis skills, with experience creating detailed financial models for short, medium, and long-range scopes
  • Comfort with ambiguity and ability to absorb and logically structure information into analytical deliverable outputs
  • Keen understanding of endowment funding sources
  • Masters required with 8-10 years of progressive financial responsibility, primarily within the setting of a biomedical research Institute. MBA preferred.
  • Excellent interpersonal & critical thinking skills with an 80/20 mind set and the ability to right-size analysis and recommendations
  • Demonstrated exposure to varied business functions, allowing candidate to better understand cross-functional partners. E.g. HR, Contracts, IP, IT, etc.

Job Details:

Company: Massachusetts General Hospital

Vacancy Type:  Full Time

Job Location: Cambridge, MA, US

Application Deadline: N/A

Apply Here