How to Apply
A cover letter is required for consideration for this position. The cover letter should address your interest in the role, demonstrate your strategic financial leadership experience, and directly relate your expertise to the responsibilities and qualifications described below. Please include your cover letter as the first page of your resume document.
Job Summary
The Department of Radiation Oncology at the University of Michigan Medical School is seeking a Financial Senior Manager to provide expert strategic financial leadership for our Department of Radiation Oncology including financial oversight for our statewide community practice network. We are in search of a Financial Senior Manager who will operate with a high level of independence, anticipating the department's financial needs, proactively addressing financial responsibilities, working alongside the Department Chair and Chief Administrator to ensure a resilient and sustainable fiscal future.
The successful candidate will serve as the Department's primary financial strategist, reporting directly to and partnering with Chief Department Administrator while monitoring, analyzing, and communicating the Department's financial performance. We are looking for someone with a demonstrated ability to anticipate, communicate, and manage fiscal risks and opportunities with minimal oversight. Strong organizational and technical skills, the ability to prioritize and exercise good judgment, and a consistent track record of meeting deadlines are essential. This role is pivotal in surfacing critical issues and opportunities, leading advanced scenario modeling, and recommending actionable solutions to drive data-informed decision making across all Department operations. The ideal candidate will be able to translate complex financial data for a non-technical audience. By providing the financial insight and leadership that will ensure our stability, the Financial Senior Manager will play a vital role in supporting our team's collaborative culture and advancing the Department's mission.
Mission Statement
Michigan Medicine improves the health of patients, populations and communities through excellence in education, patient care, community service, research and technology development, and through leadership activities in Michigan, nationally and internationally. Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.
Why Join Michigan Medicine?
Michigan Medicine is one of the largest health care complexes in the world and has been the site of many groundbreaking medical and technological advancements since the opening of the U-M Medical School in 1850. Michigan Medicine is comprised of over 30,000 employees and our vision is to attract, inspire, and develop outstanding people in medicine, sciences, and healthcare to become one of the world’s most distinguished academic health systems. In some way, great or small, every person here helps to advance this world-class institution. Work at Michigan Medicine and become a victor for the greater good.
What Benefits can you Look Forward to?
- Excellent medical, dental and vision coverage effective on your very first day
- 2:1 Match on retirement savings
Responsibilities*
Strategic Financial Leadership
- In collaboration with the Chief Department Administrator, oversee Department-wide financial operations, including various levels of budget/forecast development for complex portfolios
- Develop and maintain robust forecasting and scenario analyses for Department sustainability; model various revenue and expense projections to inform resource allocation and strategic investments
- Establish and monitor key financial performance indicators, proactively alerting the Chair and Chief Department Administrator to variances, emerging risks, or opportunities
- Make recommendations for operational or strategic adjustments in response to financial trends and drive the implementation of approved changes
Financial Operations & Analysis
- Oversee monthly maintenance and management of the Department?s financial portfolio including reconciliation and audit of all accounts using various accounting and information systems, tracking incoming and outgoing Department financial commitments, maintaining accounts, and determining the appropriate funding sources for salary support for faculty and staff
- Execute and coordinate complex analyses on a variety of projects, including but not limited to new initiatives, program expansions, cost-benefit analyses, and investment proposals
- Collaborate closely with a variety of campus stakeholders and administrative partners to coordinate financial processes, ensure effective communication, and problem solve
- Work collaboratively with post-award finance manager to ensure appropriate management of grants, research funding, and department commitments.
- Manage faculty compensation including merit, incentives, and all other related financial transaction administration
- Provide functional supervision for three finance support team members.
Proactive Financial Monitoring and Reporting
- Regularly analyze and report on financial health; identify patterns, outliers, and potential fiscal challenges
- Design, coordinate, and independently execute monthly, quarterly, and annual financial reviews for Department and University of Michigan Medical School leadership
- Prepare and present clear, actionable reports and dashboards for executive audiences - distilling complex data into strategic insights
Compliance & Process Improvement
- Interpret, implement, and ensure compliance with university, gift, and sponsor financial policies
- Develop internal control systems, complete annual review of financial internal controls and develop solutions to close any gaps
Required Qualifications*
- Specific experience developing and leading financial strategy, including forecasting, long-term fiscal planning, and scenario modeling and analysis
- Demonstrated success in high-level budget development, management, and reporting
- Demonstrated excellence working with complex spreadsheets
Financial Senior Manager:
- Bachelor's degree in finance, accounting, business administration, public administration, or a related discipline
- 5+ years of progressively responsible financial, accounting, or business analysis experience, ideally in a large, diverse, and complex organization
Financial Intermediate Manager:
- Bachelor's degree in finance, accounting, business administration, public administration, or a related discipline
- 3+ years of progressively responsible financial, accounting, or business analysis experience, ideally in a large, diverse, and complex organization
Desired Qualifications*
- Master's degree (e.g., MBA, MAcc, MPA, MPH, or related)
- Experience in academic, research, or healthcare finance
- Advanced knowledge of relevant financial systems (e.g., business intelligence/reporting tools like M-Reports, M-Pathways, Business Objects, and budget tools)
- Demonstrated knowledge of university or sponsored project financial policies and procedures
- Experience in presenting financial information to executive audiences
- Experience leading or mentoring financial staff
Modes of Work
Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes.
Underfill Statement
This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.
Background Screening
Michigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.
Application Deadline
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.
U-M EEO Statement
The University of Michigan is an equal employment opportunity employer.