"Finance and Business Affairs Director (Director of Accounting) - Administration and Finance"

POSITION DETAILS

The CUNY School of Medicine (CUNY SoM) located in the heart of Harlem, New York, is the only medical school in the City University of New York system and the only public medical school in Manhattan. Building upon 50 years of success as the Sophie Davis School of Biomedical Education, the institution transitioned to the CUNY School of Medicine (SoM) in 2016. The CUNY SoM offers an accelerated BS/MD degree (7-year program) and a Physician Assistant Master's Degree (27 months program). True to its legacy of access, opportunity, and community transformation, the medical school's mission remains to recruit highly talented students as diverse as New York City itself. CUNY SoM places a special emphasis on the recruitment of those who are underrepresented in the field of medicine and on training high quality, culturally competent health professionals and scientists equipped to address the healthcare needs of New York's medically under-served communities. As a major priority, CUNY SoM also seeks to enhance the recruitment and retention of senior leadership, faculty, and staff to more closely reflect the diversity of our student body.

Under the supervision of the PSch Associate Dean of Administration and Finance, the Finance and Business Affairs Director (Director of Accounting) will provide direction and daily management of the CUNY's SoM accounting operations and financial reporting for both tax levy operations and non-tax levy operations including the school’s philanthropic foundation. The Director of Accounting will ensure that financial statements are accurate, compliant with laws and reflective of performance. Key responsibilities include:

• Managing general ledger activity for tax levy operations and non-tax levy operations including CUNY's SOM philanthropic foundation
• Developing and implementing internal controls to safeguard assets, mitigate risk, and prevent fraud.
• Prepare and manage the production of financial statements, footnotes, and analytical reports to support management and audit requirements.
• Ensure adherence to federal, state, and local regulatory requirements and coordinating with internal and external auditors.
• Ensure timely completion and accurate all federal, state, and local filings.
• Providing financial analysis and insights to senior management to support strategic planning and business decisions.
• Provide leadership with the implementation of new financial software or ERP systems to automate workflows and increase efficiencies.
• Provide leadership with the development of the financial infrastructure (chart of accounts/general ledger) for CUNY SoM's philanthropic foundation. Oversee data conversion integrity from legacy systems to new systems.
• Maintain the integrity of the chart of accounts and ensure consistency with accounting systems.
• Monitor the accuracy and completeness of financial data for all business entities.
• Provide leadership with the submission of mid-year and year end reports for CUNY required exercises.
• Develop accounting strategies and policies aligned with organizational goals.
• Review payment requests for non-tax levy entities and ensure the collection of required documentation.
• Approve monthly bank reconciliations for tax levy and non-tax levy accounts. Serve as a liaison with the Office of the University Controller.

QUALIFICATIONS

Bachelor's Degree and eight years' related experience required.

Preferred Qualifications:

• Experience with GASB and FASB standards
• Experience with ERP implementation related to philanthropic foundations Experience with Workday, Financial Edge, and Peoplesoft.
• Experience with managing staff
• CUNY experience preferred.
• Experience with developing accounting manuals and policies/procedures
• Experience in fund accounting and endowment management.
• Certified Public Accountant preferred not required.

CUNY TITLE OVERVIEW

Directs financial and administrative operations of a college or major program.

• Oversees financial resources in a fiscally responsible manner and complies with various legal regulations and University policies.
• Develops financial forecasting models to support strategic planning aligned with goals and initiatives.
• Recommends and implements strategic college-wide policies to ensure financial compliance is maintained.
• Oversees business analyses, budget projections, allocations, financial statements, and statistical reports.
• Develops and manages relationships in regard to fiduciary responsibilities with external institutions, including government agencies, corporations, and funding entities.
• Performs related duties as assigned.

CUNY TITLE Higher Education Officer

FLSA Exempt

COMPENSATION AND BENEFITS

Salary Range: $136,546 - $155,388

Salary commensurate with education and experience.

CUNY's benefits contribute significantly to total compensation, supporting health and wellness, financial well-being, and professional development. We offer a range of health plans, competitive retirement/pension benefits and savings plans, tuition waivers for CUNY graduate study and generous paid time off. Our staff also benefits from the extensive academic, arts, and athletic programs on our campuses and the opportunity to participate in a lively, diverse academic community in one of the greatest cities in the world.

CUNY is in the process of implementing salary schedule increases. Once implemented, salaries of eligible employees will be adjusted by 3.5% effective 9/1/26, in accordance with the terms of the PSC-CUNY collective bargaining agreement.

HOW TO APPLY

Please visit www.cuny.edu, access the employment page, log in or create a new user account, and search for this vacancy using the Job ID# 31715 or Title: Finance and Business Affairs Director (Director of Accounting). Select "Apply Now" and provide the requested information.

Applicants must submit a resume and cover letter.