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"Director of Business Operations (Hybrid) - Orthopedic Surgery"

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Director of Business Operations (Hybrid) - Orthopedic Surgery

Position Summary

Position is responsible for managing and directing the financial affairs of all financial and system support activities within the Department of Orthopedics including the management of business office.

Job Description

Primary Duties & Responsibilities:

  • Prepares, creates, coordinates and prioritizes financial operations for the entire $150 million Department operating budget.
  • Continuously monitors, directs and analyzes operations and financial performance for 12 divisions.
  • Performs financial analysis on a variety of projects as requested by the Department Chair of Orthopaedic Surgery or by the Executive Director of Business Affairs.
  • Coordinates with the Office of Budgeting and Finance and Office of Program and Finance Planning in analyzing financial issues related to the Department.
  • Provides expertise and guidance to the Executive Director of Business Affairs in ensuring compliance with operating budget, salary guidelines, University policies and procedures and Department policies and procedures.
  • Manages cost/process improvement process for Department.
  • Compiles annual Operating and Maintenance Expense Report for use by Department Chair of Orthopaedic Surgery or by the Executive Director of Business Affairs, Office of Budgeting and Finance, Sponsored Projects Accounting and other departments.
  • Directs the negotiation of lease contracts. Conducts annual reviews of leases to ascertain opportunities to renegotiate lease contacts.
  • Manages centralized payroll, billing and collections, purchasing and disbursements and Departmental storeroom function.
  • Establishes directions, oversees and manages the information systems for the Department.
  • Reviews and approves regular operating budget transactions and capital asset (plant fund) transactions.
  • Review and approve all budget adjustments made by Department.
  • Participates as active member of the Finance Committee - Orthopaedic Surgery Department.
  • Reviews and develops rate structures for various ‘charge-back’ services.
  • Represents the Department on committees within the School of Medicine and the University, e.g., Information Systems Committee, Procurement Cycle Process Mapping Committee, Central Administration Home Page Committee.
  • Develops implements and maintains appropriate policies & procedures for the Central Division and the department to help ensure the business of the Central Division and the Department is managed in an organized and efficient manner.
  • Assists the Chair and Executive Director in strategic planning and implementing activities for the Department this would include but is not limited to (1) new programs, (2) new faculty, (3) resources, (4) space, (5) strategic initiatives, (6) clinical practice, (7) teaching and training programs.

Working Conditions:

Job Location/Working Conditions: Dynamic and collaborative office environment managing key financial issues in a leading department at Washington University. For the position’s first six months (probationary period), work will be in-person on the Washington University School of Medicine campus. A hybrid work environment is anticipated after that time span (3 days in the office; 2 days working from home).

Physical Effort: Typically sitting at a desk or a table.

Equipment: Office equipment.

Required Qualifications

Education: Bachelor's degree.

Certifications: No specific certification is required for this position.

Work Experience: Financial Accounting, Budgeting, And Auditing (7 Years), Supervisory (5 Years).

Preferred Qualifications

Education: Master's degree.

Certifications: Certified Management Accountant - Institute of Management Accountants, Certified Public Accountant (CPA) - American Institute of Certified Public Accountants, Certified Public Accountant (CPA) - Illinois Department of Financial and Professional Regulation, Certified Public Accountant (CPA) - Missouri Division of Professional Registration.

Skills: Communication, Computer Literacy, Confidentiality, Creative Approaches, Diplomacy, Generally Accepted Accounting Principles (GAAP), Highly Resourceful, Information Integration, Interpersonal Communication, Nonprofit Organizations, Problem Analysis, Problem Resolution, Sound Judgment, Supervisory Management.

Salary Range

$110,300.00 - $194,200.00 / Annually.

10

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