Reporting to the Senior Director of Budget and Finance Systems, the Director of Budget is responsible for the management and oversight of Dana-Farber Cancer Institute's budget process including but not limited to organizing and overseeing the preparation, administration and analysis of operating and capital budgets for all business units, as well as the centralized Institute position control process. The Director will consolidate individual department/program budgets, ensuring compliance with Institute and departmental requirements. This individual will track and monitor expenses; investigate and resolve variances; prepare and present department level and institute-wide reporting; and maintain related records and computer databases.
Primary Duties and Responsibilities- Lead the Institute's annual budgeting process across operating, capital, and cash budgets, ensuring timely development, coordination, and submission of budget data from internal and external stakeholders. Oversee the integrity, consistency, and alignment of budget assumptions with organizational priorities, and foster collaboration across functions to improve communication, coordination, and the flow of financial information. Serve as a key liaison to resolve administrative and financial issues affecting the budget.
- Direct the daily operations of the budget function, including supervising staff, assigning projects, and setting priorities to meet departmental goals. Provide leadership, guidance, and accountability to support a high-performing team. Hires, develops, and manages staff to achieve organizational goals. Sets clear expectations, delivers feedback, and monitors performance for quality, efficiency, and compliance with policies and procedures. Mentors staff, fosters career growth, and cultivates a positive and productive work environment.
- Lead the Institute's centralized position control process, including the review of the business cases and departmental need, prioritization across all other Institute position requests, and presentation to the Position Control Committee about twice per quarter.
- Lead the budget management of the Institute's Capital Management Committee, which includes establishing the annual capital budget and creating a rolling 3-year capital forecast that supports long-range strategic planning.
- Oversee monthly budget-to-actual variance analysis and reporting for clinical and operational leadership, while partnering with department leaders to analyze financial activity, identify trends, interpret results, and develop recommendations to achieve strategic and operational objectives. Prepare and present clear financial reports, insights, and recommendations to support informed decision-making and improve financial performance.
- Lead the development and maintenance of service line budgets, departmental profit and loss reporting, and related presentations for leadership. Evaluate the financial impact, return on investment, and execution risks of major clinical and operational business plans against original budget assumptions.
- Drive continuous improvement within the Financial Planning function by reviewing policies, procedures, and methodologies to promote efficiency and best practices. Collaborate with Revenue and Reimbursement and Business Planning leaders on process enhancements and participate in committees and special projects that support broader organizational goals.
Knowledge, Skills and Abilities- Knowledge of Workday and Adaptive.
- Strong financial, accounting, reporting and analysis skills.
- Strong written and verbal communication skills.
- Strong Microsoft Excel skills (i.e., use of pivot tables).
- Demonstrated ability to organize and manage projects, multiple assignments and meet deadlines.
- Ability to function in a fast-paced environment while managing multiple priorities.
- Ability to be committed to a customer service philosophy.
- Ability to be highly organized and deadline driven.
- Ability to effectively collaborate at all levels across the organization in a highly matrixed environment.
- Ability to maintain confidentiality and work with highly sensitive information.
Minimum Job Qualifications- Bachelor's Degree in Accounting, Finance or a relevant field required. Master's Degree Preferred.
- 8 years of relevant experience in budget and financial reporting required.
- Experience in healthcare preferred.
License/Certification/Registration Required: Supervisory Responsibilities:- Oversees the Manager of Budget who leads a team of 4-5 analysts and senior analysts.
Patient Contact:The hiring range is based on market pay structures, with individual salaries determined by factors such as business needs, market conditions, internal equity, and based on the candidate's relevant experience, skills and qualifications.
For union positions, the pay range is determined by the Collective Bargaining Agreement (CBA).
$183,500.00 - $206,200.00
