Ariadne Labs is a joint center for health systems innovation at Brigham and Women’s Hospital and the Harvard T.H. Chan School of Public Health. Our goal is to drive scalable solutions for better care at critical moments in people’s lives everywhere. Better care means better health outcomes, lower costs, and more actual caring. Critical means solving health systems failures that have major impact, typically touching people by the millions. Ariadne Labs currently has research programs in the areas of childbirth, surgery, palliative care and primary health care.
Duties and Responsibilities (required)
The Director of Finance oversees financial administration and planning for Ariadne Labs, a joint center for health systems innovation of Brigham and Women’s Hospital and the Harvard T.H. Chan School of Public Health. Reporting to the Chief Administrative Officer, the Director of Finance serves as a trusted advisor to the Management team on matters of financial strategy, and works closely with our two parent institutions, as well as Ariadne programs, scientific teams, support services, and external parties as necessary. The Director provides guidance and oversight for all finance functions, including accounting, procurement, budgeting, financial analysis and reporting, and sponsored research administration. The Director manages a team of seven staff that provides support to more than 120 staff and faculty working across Ariadne Labs.
Specifically, this job encompasses the following primary responsibilities:
- Oversee daily operations of the accounting, budgeting and grants management functions under two parent organizations.
- Lead all aspects of the management of information systems, accounting structure, and reporting to ensure that organizational objectives are met
- Ensure financial compliance with Harvard University, Brigham and Women’s Hospital, and
- Partners Research Management policies and procedures, applicable legal rules and regulations, and sponsor/donor requirements
- Manage the preparation of consolidated financial reports, outlooks and financial forecasts using our GL consolidation and planning system (Adaptive)
- Direct complex, multi-year financial planning and budget development
- Oversee regular financial reconciliation with parent organizations
- Monitor and analyze quarterly and annual operating results against budget
- Draft and present high level financial communications and messages for internal and external partners
- Collaborate with and advise Management Team to create long-range business plans, and assist in establishing short- and long-range program & organizational goals and objectives
- Recommend benchmarks and metrics for measuring the financial and operating performance at the program, cost center, and organization level
- Review and rationalize parent policies, where possible, and develop and communicate corresponding operating procedures to the organization
- Serve as Ariadne signatory for third-party vendor contracting and sponsored research proposals.
- Prepare financial analysis for contract negotiations and pre-award budgetary support for potential organizational opportunities and emerging projects.
- Work closely with the program teams, parent development offices, and external parties to assess and negotiate new revenue opportunities and partnerships.
- Responsible for effective staff management for a team of seven employees (4-5 direct reports), including hiring and orientation, training and development, workflow and performance management, and the promotion of an inclusive and innovative work environment
- Resolve strategic direction of the finance team by establishing goals and implementing new initiatives, policies, procedures, and norms for the team and organization generally when relevant for cross-team collaboration.
- Oversee of accounting, financial management, and grants management policy orientation and training for all relevant staff
- Lead financial audits and provide recommendations and implement corrective actions and process improvements
- Serve on planning and policy-making committees both internally and at parent organizations as needed
- Bachelor’s degree required. MBA or graduate degree in finance, accounting, or healthcare field is strongly preferred
Years of Work Experience
- 10 years financial leadership experience preferred; at least 5 years in a management role required, ideally within a complex academic, research, or clinical organization
Technical Skills/Hard Skills (e.g. experience with MS Excel, XYZ lab techniques, project management)
- Direct experience in financial management, including budget management, accounting, reporting, financial modeling and analysis; policy implementation; and research administration, including familiarity with all relevant policies and procedures
- Experience managing and developing staff
- Experience developing, writing, and implementation of policies, SOPs, educational programs, handbooks, and effective practices documents required
- MBA or graduate degree in finance, accounting, or in healthcare field is strongly preferred
- Experience leading financial strategy in a nonprofit setting with diverse revenue streams, including philanthropy, industry partnerships, and foundation and government funding.
Soft Skills Required
- Highly organized and detail oriented; strong time and project management skills required
- Excellent interpersonal skills working with a diverse population, and proven ability to establish credibility as a valuable resource
- Well-developed conceptual and analytical skills, including the ability to identify a problem, develop a solution, and implement that solution collaboratively with others or independently
- Proven record of control and compliance and the ability to work with others to achieve high standards
- Experience in working with non-profit and academic research organizations and knowledge of the accounting principles and standards for such entities preferred
To apply or for more information please click here.