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University of New Mexico

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Chief Financial Svcs Ofcr SOM

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Description

The University of New Mexico School of Medicine (SOM) invites applications for the position of Chief Financial Services Officer (CFSO), a senior executive leadership role responsible for providing strategic financial leadership and oversight for the School of Medicine. Reporting directly to the Dean of the School of Medicine, the Chief Financial Services Officer serves as the School's senior financial leader and strategic advisor. The CFSO works in close executive partnership with the Dean and the System Vice President for Finance and Administration to advance the School's priorities through coordinated financial planning, resource allocation, and shared stewardship. The CFSO works closely with Department Chairs and Administrators, Senior Associate Deans, Health Sciences leadership, UNM Hospital, and university administrative offices to ensure fiscal stewardship, operational excellence, regulatory compliance, and long-term financial sustainability. The CFSO reports to and is accountable to the Dean for advancing the School’s financial and operational objectives. In carrying out these responsibilities, the CFSO works in close coordination with the System Vice President for Finance and Administration to support the integrity of financial planning and reporting, alignment with institutional fiscal standards, and coordination of financial commitments and funding arrangements affecting the broader Health Sciences and Health System enterprise. The successful candidate will be a strategic and collaborative leader with extensive experience managing complex financial operations and leading organizational change within higher education, academic medicine, healthcare, government, or similarly complex organizations. This position offers a unique opportunity to serve as the School of Medicine's senior financial leader and trusted advisor to the Dean during a period of significant organizational growth, transformation, and innovation. The CFSO will help shape the School's financial strategy, strengthen business operations, support research and educational excellence, and contribute to the long-term success of the institution and the communities it serves throughout New Mexico. About the School of Medicine The UNM School of Medicine is New Mexico's premier academic medical institution and a critical component of the UNM Health Sciences Center. The School supports a diverse portfolio of educational, research, and clinical programs, including nationally recognized research initiatives, graduate medical education programs, faculty practice activities, and broad partnerships across the state's healthcare system. The School of Medicine is undergoing significant transformation and growth, including initiatives related to clinical integration, faculty compensation modernization, research expansion, operational excellence, and administrative transformation. The CFSO will play a central role in advancing these strategic priorities. Position Summary The Chief Financial Services Officer serves as the School of Medicine's senior financial officer and strategic advisor to the Dean on all matters related to financial planning, budgeting, resource allocation, financial compliance, reporting, and fiscal stewardship. The CFSO provides executive leadership for financial operations and services across the School of Medicine and partners with academic, research, clinical, and administrative leaders to develop financial strategies that advance institutional priorities while ensuring responsible management of public, clinical, research, educational, philanthropic, and other institutional resources. This includes leadership for clinical funds flow, faculty compensation modernization, effort allocation, research investment, educational program economics, multiyear operating forecasts, liquidity planning, and financial commitments associated with major facilities and other strategic investments. Key Responsibilities Strategic Financial Leadership Serve as a principal advisor to School of Medicine leadership on financial strategy, fiscal planning, resource allocation, and organizational sustainability. Lead development of short- and long-range financial plans aligned with institutional goals and strategic priorities. Provide executive-level financial analyses, forecasts, performance metrics, and recommendations to support strategic decision-making. Participate as a member of senior leadership teams, committees, and strategic planning initiatives. Lead financial strategy for clinical funds flow, faculty compensation, and the financial implications of facult effort allocation across missions. Financial Operations Administration Direct and oversee the school’s financial operations, including budgeting, forecasting, financial reporting, compliance, internal controls, and fiscal management. Ensure integrity, transparency, and accountability in financial processes and reporting. Establish and monitor fiscal controls to safeguard institutional assets and resources. Lead development of financial policies, procedures, and operational standards. Research Sponsored Programs Collaboration Partner with research administration and departmental leadership to strengthen post-award financial management and sponsored project compliance. Support efficient administration of grants, contracts, and other externally funded activities. Promote continuous improvement in research financial processes while maintaining compliance with federal, state, sponsor, and university requirements. Provide financial leadership for research investment decisions, including startup packages, bridge funding, cost sharing, indirect cost recovery, and institutional commitments. Partner with educational leaders to assess program economics and plan for the resources required to support educational growth, accreditation needs, and learner success. Systems Process Improvement Provide leadership for financial systems strategy, implementation, optimization, and reporting capabilities. Collaborate with institutional stakeholders to modernize business processes and leverage technology to improve efficiency and decision support. Evaluate emerging technologies, reporting tools, and financial management solutions that support organizational excellence. Develop and maintain multiyear operating forecasts, liquidity assessments, and financial models for major facilities, program growth, and other long-term institutional commitments. Organizational Leadership Lead, mentor, and develop high-performing financial teams. Foster a culture of accountability, collaboration, innovation, customer service, and continuous improvement. Design and maintain organizational structures that support evolving business needs and strategic goals. Direct recruitment, professional development, performance management, and succession planning activities. Compliance, Audit Risk Management Ensure compliance with applicable federal and state regulations, university policies, accounting standards, and reporting requirements. Oversee financial audits and related regulatory reviews. Identify fiscal risks and implement strategies to strengthen internal controls and institutional resilience.

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