Position Details

Position Information

Recruitment/Posting Title
Chief Financial Officer

Job Category
Staff & Executive - Finance/Accounting/Purchasing

Department
RWJ - Robert Wood Johnson Medi

Posting Summary

Rutgers, The State University of New Jersey, is seeking a Chief Financial Officer for the Rutgers School of Medicine (RWJMS/NJMS).

The Chief Financial Officer (CFO) serves as the senior financial executive for Rutgers School of Medicine and is accountable for all school-wide finance functions, including Financial Planning & Analysis (FP&A), Accounting, Business Operations, Research Administration, Budget Management, and Financial Compliance. The CFO provides strategic leadership and oversight of the school's financial resources, ensuring alignment with Rutgers University and Rutgers Biomedical and Health Sciences (RBHS) priorities. The CFO leads the development and execution of financial strategies that support the academic, research, clinical, and administrative missions of the School of Medicine. The position serves as the principal advisor to the Executive Vice Dean on financial matters. The CFO champions fiscal stewardship, operational excellence, financial transparency, and long-term sustainability across the institution.

Among the key duties of this position are the following:

• Provide executive leadership and oversight for all School of Medicine finance functions including FP&A, Accounting, Business Operations, Research Administration, and departmental financial operations.
• Develop and implement financial strategies that support the school's academic, research, clinical, and operational goals.
• Direct the preparation, review, and submission of the annual School of Medicine operating and capital budgets.
• Conduct final review and approval of budget submissions before presentation to RBHS leadership and governance bodies.
• Monitor financial performance through monthly and annual reporting processes and ensure timely analysis of variances, trends, and risks.
• Establish, interpret, and approve school-wide financial policies, procedures, and controls consistent with Rutgers University and RBHS requirements.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP), university policies, federal and state regulations, sponsored research requirements, and auditing standards.
• Provide oversight of procurement, expense management, payroll allocations, reimbursement processes, and financial reporting activities.
• Provide financial review and approval of faculty recruitment business plans, startup packages, strategic investments, and research initiatives.

FLSA
Exempt

Grade
47S

Salary Details

Minimum Salary
250321.000

Mid Range Salary
317004.000

Maximum Salary
383686.000

Offer Information

The final salary offer may be determined by several factors, including, but not limited to, the candidate's qualifications, experience, and expertise, and availability of department or grant funds to support the position. We also take into consideration market benchmarks, if and when appropriate, and internal equity to ensure fair compensation relative to the university's broader compensation structure. We are committed to offering competitive and flexible compensation packages to attract and retain top talent.

Benefits

Rutgers provides a comprehensive benefits package to eligible employees. The specific benefits vary based on the position and may include:

• Medical, prescription drug, and dental coverage
• Paid vacation, holidays, and various leave programs
• Competitive retirement benefits, including defined contribution plans and voluntary tax-deferred savings options
• Employee and dependent educational benefits (when applicable)
• Life insurance coverage
• Employee discount programs

Position Status
Full Time

Working Hours

Standard Hours
37.50

Daily Work Shift

Work Arrangement

This position requires a fully on-site work arrangement.

Union Description
Executives and Directors

Payroll Designation
PeopleSoft

Seniority Unit

Terms of Appointment
Staff - 12 month

Position Pension Eligibility
ABP

Qualifications

Minimum Education and Experience

• Master's Degree in Business Administration or business-related field is required.
• Minimum ten (10) years of progressive management experience with fiscal, operational and personnel responsibilities, preferably in an academic environment, is required.

Certifications/Licenses

Required Knowledge, Skills, and Abilities

• Strong knowledge of and experience with financial and administrative systems (financial information systems, purchasing, payroll and human resources).
• Outstanding human relations and leadership skills, and the ability to function in a team environment are required.
• Proficiency in Microsoft Excel, Word, PowerPoint, and Adobe Acrobat. Excellent communication, interpersonal and organization skills, and the ability to attend to multiple demanding priorities.
• Exhibit a positive customer service attitude.
• Ability to work independently and professionally with limited supervision.
• Ability to identify and proactively address potential problems or issues.

Preferred Qualifications

• CPA, CFA, or other relevant professional certification preferred.

Equipment Utilized

Physical Demands and Work Environment

• Physical Demands: Standing, sitting, walking, talking and hearing. No special vision requirements.
• Work Environment: Office environment. Moderate noise.

Special Conditions

Posting Details

Posting Number
26ST1857

Posting Open Date

Special Instructions to Applicants

Regional Campus
Rutgers Biomedical and Health Sciences (RBHS)

Home Location Campus
Downtown New Brunswick

City
New Brunswick

State
NJ

Location Details

Pre-employment Screenings

All offers of employment are contingent upon successful completion of all pre-employment screenings.

Immunization Requirements
Under Policy 100.3.1 Immunization Policy for Covered Individuals, if employment will commence during Flu Season, Rutgers University may require certain prospective employees to provide proof that they are vaccinated against Seasonal Influenza for the current Flu Season, unless the University has granted the individual a medical or religious exemption. Additional infection control and safety policies may apply. Prospective employees should speak with their hiring manager to determine which policies apply to the role or position for which they are applying. Failure to provide proof of vaccination for any required vaccines or obtain a medical or religious exemption from the University will result in rescission of a candidate's offer of employment or disciplinary action up to and including termination.