Johns Hopkins University

Financial Officer, SOM Faculty Practice (School of Medicine - Central Finance)

Johns Hopkins University$75K — $131K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required.
  • 5+ years in budget and financial analysis.
  • Master's Degree in Finance or related field preferred.
  • Experience in higher education or academic medicine is a plus.
  • Proven ability to influence decision-making based on data analysis.

Responsibilities

  • Serve as a financial partner to departments, ensuring alignment with goals and performance.
  • Provide data-driven recommendations to influence departmental decision-making.
  • Identify and assess financial risks, recommending actionable solutions.
  • Develop and maintain complex financial models for analysis.
  • Prepare detailed budgets and forecasts for departmental leadership.
  • Translate financial data into understandable narratives for varied audiences.
  • Implement processes to enhance financial accuracy and decision support.

Benefits

  • Hybrid work model with flexibility.
  • Opportunities for professional development and training.
  • Access to a robust healthcare and wellness program.
  • Supportive academic environment within a prestigious institution.
  • Engagement in meaningful work contributing to healthcare advancements.
Full Job Description
The Johns Hopkins University School of Medicine is seeking a Financial Officer, SOM Faculty Practice. The Financial Officer supports the school's Faculty Practice team by performing complex financial modeling, analysis, and planning to inform department-specific operational and strategic decisions. This role independently evaluates financial performance, develops models and tools, and provides data-driven recommendations to departmental and SOM leadership. The Financial Officer builds strong relationships with assigned departments, serves as a subject-matter expert on Faculty Practice financial operations, and proactively identifies risks to drive solutions that align with mission, compliance, and fiscal objectives.

Specific Duties & Responsibilities
  • Serve as the financial partner for departments, maintaining ongoing communication to ensure alignment between departmental goals, financial performance, and Faculty Practice priorities.
  • Influence departmental decision-making by providing credible, data driven recommendations, using benchmarking, productivity analysis, and scenario modeling.
  • Exercise independent judgment in identifying financial risks, operational issues, and opportunities for improvement; elevate concerns to leadership with clear, actionable solutions.
  • Develop, refine, and maintain complex financial models.
  • Conduct sensitivity analyses, assess financial risks, and quantify implications to inform decision-making by departmental and SOM leadership.
  • Prepare detailed budget submissions, multiyear forecasts, variance analyses, performance decks, and executive level materials for departmental leadership.
  • Translate complex analytical findings into clear narratives, recommendations, and options for audiences with varying levels of financial expertise.
  • Design and implement financial and analytical processes that improve accuracy, efficiency, and decision support across assigned areas.
  • Maintain accountability for high quality, timely work products and ensure all analyses and recommendations adhere to institutional policies, internal controls, and compliance standards.
  • Maintain a high level of professional accountability, managing competing priorities autonomously, and ensuring consistent follow-through on commitments.
  • Contribute to standard operating procedure development.
  • Use various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to assemble, manipulate and/or format data and/or reports.
  • Other duties as assigned.


Minimum Qualifications
  • Bachelor's Degree
  • Five years of progressively responsible budget and financial analysis experience.
  • Additional education may substitute for required experience and additional related experience may substitute for required education beyond a high school diploma/graduation equivalent, to the extent permitted by the JHU equivalency formula.


Preferred Qualifications
  • Master's Degree in Finance, Business, Public Administration or related field
  • Related experience in higher education or academic medicine.


Classified Title: Financial Officer
Job Posting Title (Working Title): Financial Officer, SOM Faculty Practice (School of Medicine - Central Finance)
Role/Level/Range: ATP/04/PE
Starting Salary Range: $75,135 - $131,510 Annually ($100,000 targeted; Commensurate w/exp.)
Employee group: Full Time
Schedule: Mon-Fri, 8.30am-5.00pm
FLSA Status: Exempt
Location: Hybrid/School of Medicine Campus
Department name: SOM Admin Finance Faculty Practice
Personnel area: School of Medicine

About Johns Hopkins University

Johns Hopkins University is a private research university that was founded in 1876. The university offers undergraduate, graduate, and doctoral programs in various fields, including arts and sciences, engineering, business, education, medicine, nursing, and public health. Johns Hopkins University is known for its research in the areas of medicine, public health, and engineering. The university has a strong commitment to community service and social justice, and it has been ranked as one of the top universities in the United States.
Learn more about Johns Hopkins University
Size
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Founded
1876

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