Associate Director of RCM Fiscal Operations

Pennsylvania United States
11 Oct 2018
End of advertisement period
11 Dec 2018
Contract Type
Full Time

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn’s distinctive interdisciplinary approach to scholarship and learning.

Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

The World’s First Business School

In 1881, American entrepreneur and industrialist Joseph Wharton established the world’s first collegiate school of business at the University of Pennsylvania.

Wharton’s pioneering vision was to produce graduates who would become ‘pillars of the state, whether in private or in public life.’ The Wharton School maintains a long tradition of educating visionary business leaders in academia, business, government, and not-for-profit organizations.

Today, Wharton has expanded the scope of this vision to become the most comprehensive source of business knowledge in the world – with over 225 faculty members, 95,000 alumni, 5,000 students across 10 academic departments, 20 research centers, and more than 9,000 executive education participants annually.

The Associate Director of RCM Fiscal Operations reports directly to the Director of Administrative Affairs. The position is responsible for the management and performance of the Finance & Administration RCM financial management team, provides support to the entire business administrator (BA) community, and serves as a business partner to certain lines of business such as WRDS and Sirius radio.

This position manages four direct reports who primarily operate on Penn’s RCM financial model. The group manages financial matters of all administrative business units and new School initiatives (currently 11 units), provides support and coverage to the business administrator community (40+ administrators), and provides oversight of the Wharton School’s restricted funds including grants, gifts and endowments. This position assumes the lead role in ensuring compliance with all financial policies and procedures as well as fulfilling reporting, budgeting, and fiscal year end requirements of administrative units. Requires extensive communication with senior administrative staff as well as business administrator community on operational issues.

This position along with the RCM financial management team support the business administrator community by managing daily ZenDesk inquires, ensuring financial coverage during outages, as well as review of monthly PCARD, Meeting Card and BOA travel Card reconciliations. Ensures information is timely and accurate with a focus on superior customer service.

This position along with the Restricted Funds Manger is responsible the financial oversight, compliance, training programs and reporting requirements of the School’s restricted funds. The position works directly with the University’s Office of Sponsored Research and the BA community to establish training programs and best practices. It provides reporting and analysis at the School level for all gifts and endowments ensuring compliance with university policies, procedure and donor intent.

The position serves as the financial partner to certain lines of business such as WRDS and Sirius radio. This involves understanding unique lines of business, revenue and expense cost centers, accrual accounting, contract interpretation, and developing client relationships.

The position requires strong financial accounting and budgeting skills; experience with grants, gifts and endowments; as well as excellent communication skills. Higher education experience preferred.

A Bachelor’s Degree is required (preferred major: Accounting or finance) and 5 to 7 years of experience or equivalent combination of education and experience. MBA and/or CPA preferred. Strong analytical skills with financial analysis and business operations essential. Understanding of the principles and priorities helpful but not necessary. Thorough knowledge of established accounting standards and practices, financial planning, taxation, and management is required. Excellent interpersonal and communication skills. Advanced skills in Excel. Strong working knowledge of database technology. Experience managing, leading, and motivating a diverse group of professionals. Background check is required.

Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.