Fiscal Officer
Meharry Medical College

Job Info

---

The Fiscal Officer for the School of Medicine Office of Business and Finance reports directly to the Associate Dean for Business and Finance and is responsible for maintaining records of routine accounting transactions, assist in analysis and interpretation of accounting records for use by the Associate Dean; Compiles financial and analytical reports for presentation and submission to both internal and external reporting agencies as directed by the Associate Dean.

Daily Operations

• Budget preparation, implementation, and monitoring. Fully responsible under the Associate Dean of Business & Finance for the management of all monies secured.
• Monitor all contracts and manage all departmental fiscal affairs from various funding sources.
• Develop budget proposals, policies, and fiscal guidelines that support departmental growth.
• Develop projection reports, business plans and advise the Associate Dean of Business & Finance regarding strategies to meet fiscal needs.
• Develop and manage annual operating budget for the Office of the Dean, School of Medicine.
• Applies principles of accounting to analyze financial information and prepare financial reports.
• Prepares monthly analysis of financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize current and projected financial position of the School of Medicine and the Meharry Medical Group.
• Prepares explanation of variance reports for departmental performance.
• Prepares various outside agency reports for review and approval of the Associate Dean of Business & Finance.
• Prepares monthly financial reports for the Associate Dean of Business & Finance.
• Prepare weekly cash reports for the Associate Dean of Business and Finance.
• Examines and evaluates purpose and content of business reports to develop new, or improve existing format, use and control.
• Prepare monthly, quarterly, or annual trend reports to assist the Associate Dean with decision making as it relates to the operating budget.
• May establish, modify, document, and coordinate implementation of accounting control procedures.
• Assist with the development or financial policies and procedures
• Prepare and monitor monthly billings for physician and resident services, as well as, management of related accounts receivable for Meharry Medical Group and School of Medicine.
• Analyzes current and past budgets and accounting records of past and present operations, trends and costs, estimated and realized revenues, administrative commitments, and obligations incurred to determine status of the School of Medicine budget performance and project future revenues and expenses.
• Work closely with the Departments to ensure financial paperwork is accurate and coincides with current budget.
• Other duties as assigned by the Associate Dean of Business and Finance.

Required Skills

• Effective leadership and organizational skills;
• Proven ability to manage and lead staff in a changing environment;
• Development/strategic planning/marketing with multiple management abilities, including clinical, administrative, research, education, financial, human resources, facilities and information technology, and compliance;
• Ability to express oneself clearly and concisely, both orally and in writing.
• Expert level skills Microsoft office applications;
• Knowledge of quality assurance issues and techniques.

Required Education and Experience

• Bachelor's degree in Business Administration, Accounting or Healthcare Administration from an accredited college or university is required.
  
• Masters of Business Administration with concentration in accounting, finance or healthcare administration is preferred.
  
• 3-5 years' experience working in finance at an academic medical institution preferred.
  
• Experience working with a medical practice is preferred.
  

---