Northwestern University · 1 day ago
Executive Director, Finance
Chicago, IL
Full-time
Onsite
Director/Executive
$210K/yr - $275K/yr
10+ years expNorthwestern University is a prestigious institution seeking an Executive Director of Finance for the Feinberg School of Medicine. This role involves overseeing financial accounting, budgeting, and advising leadership on financial policies to ensure the school's financial health and strategic alignment with its goals.
EdTechEducationTrainingUniversities
Responsibilities
Responsible for development and management of comprehensive budget model and long-range financial plan for the Feinberg School of Medicine. Budget structure may require “stand-alone” financial health to not only ensure that the school and its departments/units can financially support its strategic plan but also requires providing financial and strategic support to strengthen and enhance the University’s reputation. Facilitate the use of key performance indicators/metrics and School-wide financial analysis to support informed decision-making
Responsible for developing and managing the completion of the Feinberg School of Medicine’s annual budget. Recommends budget parameters to Dean and executive team for administrative and finance units based upon those provided by the Budget Office. Reviews and partners with senior level management from all departments, centers and institutes to finalize proposed budgets ensuring compliance with established budget parameters as well a consolidated school/department balanced budget. Analyzes and revises as necessary procedures for the budget process and daily school operations. Interprets and applies pertinent rules, regulations, policies and procedures set forth by the University Budget Office, or outside governing agencies
Assumes primary responsibility for addressing budget planning issues with Northwestern University, Northwestern Medical Group, affiliated hospitals, and other faculty practice plans. Accountable for the school’s financial ability to maintain a balanced budget and if applicable, self-sustainable financial position
Directs supervision of financial staff including performance management, training, recruitment, problem resolution, motivating to achieve peak productivity and performance and managing /coordinating workflow and prioritization of assignments. Assesses finance team on an on-going basis and initiates the implementation of best practices including workflow design, process improvements and documentation of standard operating procedures. Provide budgetary management and implement policies and best practices to departments, centers and institutes
Manages the development, preparation and maintenance of analytical financial tools used to measure the individual net financial performance of all departments/units as well as the consolidated school income statement and balance sheet for the Dean. Establishes proper accounting and audit trail for revenue and expenses related to programs and initiatives that cross departments and schools. Accountable for analysis of financial processes for the purpose of continuous improvement in financial management and continuity of financial operations
Ensures compliance of the financial processes and systems in accordance with University policies including the implementation and monitoring of financial controls and the training of managers with financial responsibilities. Manages the completion of the annual fiscal year-end close. Partners with school/department development team to manage the use of endowment and gift funds to ensure donor intent. Coordinates with Budget Office and other schools for proper recording of cross school transactions; prepares consolidated financial statement to report final net position; & provides Budget Office with variances from expected performance
Performs other duties as assigned
Qualification
Required
Bachelor's degree in accounting, business or finance and 10 years of budget and financial analysis experience. Or equivalent combination of education and experience in which comparable skills are developed
At least seven years of experience developing financial reporting and analysis tools highly desirable. Prior University financial experience is helpful but not required
At least three years of management responsibility, including all aspects of management from recruiting to goal setting and performance management
Preferred
A master's degree in business administration or a related field
A Certified Public Accountant designation
Not-for-profit health care or university financial experience
Benefits
Meaningful, competitive, high-quality health care plans
Retirement benefits
Tuition discounts
Comprehensive programs and services to help you and your family navigate life’s challenges and opportunities
Flexible work arrangements
Programs to help you locate and pay for quality, affordable childcare and senior/adult care
Employee career development in all circumstances
Variety of tools and resources for professional development
Company
Northwestern University
Northwestern University is a private research and teaching university that offers academic programs across various fields of study. It is a sub-organization of Northwestern Athletics.
5001-10000 employees
H1B Sponsorship
Northwestern University has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (325)
2024 (308)
2023 (280)
2022 (282)
2021 (184)
2020 (155)
Funding
Current Stage
Late StageTotal Funding
$98.02MKey Investors
National Peanut BoardAdvanced Research Projects Agency for HealthGRAMMY Museum
2024-10-30Grant
2024-10-04Grant· $34M
2023-11-28Grant· $0.02M
Leadership Team
Diego Klabjan
Professor
Henry Bienen
Interim President
Recent News
Longevity.Technology - Latest News, Opinions, Analysis and Research
2025-12-27
Longevity.Technology - Latest News, Opinions, Analysis and Research
2025-12-25
News-Medical.Net
2025-12-24
Company data provided by crunchbase