Summary: Reporting to the CFO, the Director of Financial Analysis will provide budget development, execution and monitoring; financial analysis and forecasting; as well as management and performance reporting.

Responsibilities:

Budget Development, Execution and Monitoring

• Coordinates the preparation and implementation of the AAMC’s annual operating, capital and restricted funds budgets.
• Prepares multi-year revenue and expense projections for each program, service and activity.

• Monitors the annual operating budget and prepares budget vs. actual reports and narrative analysis for each organizational cluster and assists program managers in determining explanations of variances.

• Maintains and reports on spending against the AAMC Contingency Account.

• Serves as the principal staff resource to and a member of the AMMC Budget Committee.

• Works in partnership with the Human Resources staff to develop and maintain a Position Control System for the AAMC.

Financial Analysis and Forecasting

• Develops financial analysis and forecasting models to assess current and planned programs, services, products and activities.

• Assists in the preparation of the financial data supporting long range and strategic plans.

• Prepares ad hoc financial analyses as required.

Management and Performance Reporting

• Works with the in partnership with the AAMC Controller to develop and maintain a program cost accounting system.
• Prepares business and financial analyses to assess the financial feasibility of new programs and services

• Works in partnership with the AAMC Controller to prepare and monitor financial and operating performance metrics and benchmark comparisons.
• Assists the CFO in the preparation of reports and presentations to the AAMC Board of Directors and its Finance and Investment Committee.

• Bachelor’s degree in accounting, finance or business related field plus a minimum of 10 years relevant work experience, or a Masters of Business Administration degree in accounting, finance, operations management or other business related field plus a minimum of 5 years of relevant work experience. Experience in a non-profit organization with significant program service revenue preferred.
  Experience in the practical application of sophisticated financial analysis techniques.
• Experience in the development and implementation of financial systems including budget and cost accounting modules.
• Superior knowledge and understanding of non-profit accounting principles and budget practices.
• Excellent written and oral communications skills.
• Ability to work independently under tight deadlines.
• Advanced proficiency in Microsoft Office products with emphasis on Excel, Access and PowerPoint.
• Exceptional interpersonal skills and the demonstrated ability to interact effectively at all levels.
• Works as an effective team player.
• A proponent of and strong advocate for the delivery of excellent service to internal and external customers.

The Association of American Medical Colleges is an Affirmative Action/Equal Employment Opportunity Employer.