Advertised Summary Job Description: Reporting to the Executive Director, New Business Ventures, the Director is responsible for developing recommendations and plans for a portfolio of business ventures and business performance improvement initiatives using strategic planning and financial-based models to analyses to advise CUMC executives.
Business Strategy and Planning: Assist ED to support leadership in the four CUMC schools and in CUMC campus administration upon request, serving as critical analyst on new business ventures and business performance improvement initiatives under consideration by CUMC. Help leadership scan the environment, identify and/or agree on opportunities or threats, and perform rigorous assessments, including cost-benefit analysis of alternative scenarios, for exploiting opportunities and mitigating business and financial risks, as well as develop detailed and feasible business plans in collaboration with clients. Research key related business issues and incorporate findings into complex financial models that provide a three to five year projection for how financial performance would change at various levels (business unit, school, campus) based on the introduction of strategies and plans. Prepare materials to communicate the details of financial projections to campus and school leadership. Presentation and Analysis: Prepare briefing books, presentations, and other materials used to advise CUMC executives, including the CFO, COO, Campus EVP, and school level stakeholders as needed on the financial risks and opportunities of business ventures and business performance improvement initiatives under evaluation. Help support CUMC executives in communicating details of new business ventures to University administration, University Trustees, and potential donors and external business partners as needed. Utilize appropriate methodologies as needed including strategic planning and analysis techniques, business process reengineering, financial modeling (pro forma operating results and P&L projections), productivity analysis (e.g., Work Value Units), change management, and project management. For business performance improvement initiatives, gathering information on best practices from external sources as needed.
Implementation Support: For new ventures and initiatives which are authorized to proceed, help ED support business launch and assist in the monitoring of early phase financial activity. Assist with establishing governance for authorized projects, preparing meeting materials if needed, running meetings, developing plans in collaboration with clients, and identifying and tracking issues impacting progress on plans. Maintain overall scorecard on status of portfolio of projects underway.
Collaborate and Lead: Provide support for selected projects, interacting as needed with various University and affiliated hospital administrative offices. Facilitate data sharing and communication, help resolve outstanding issues, and prepare recommendations for CUMC and other executives. Engage with finance and other staff in schools and departments as needed and lead teams or work groups as directed by ED.
Performs related duties & responsibilities as assigned/requested.
Columbia University has retained Opus Partners (www.opuspartners.net) to support this recruitment.
General Minimum Qualifications: Requires a bachelor's degree preferably in finance or other quantitative field or equivalent in education and experience, as well as five years of progressively comprehensive analytical, planning, and/or decision support responsibility in a large, complex organization.
Outstanding financial analysis and modeling skills, including demonstrated ability to prepare analytical models and forecasts in a wide variety of business-related fields. Excellent quantitative skills along strong communication abilities are a must.
Additional Specific Minimum Qualifications: The candidate must possess strong presentation skills with the ability to analyze and explain complex financial and business operations information. Expert-level computer proficiency (Excel, and databases ). Demonstrated ability to work with business users to gather necessary data as well as proven success at translation of data into complex, functional spreadsheet or database systems required. Ability to manage projects independently and under deadline pressure. Extreme attention to detail, plus the ability to work closely with a diverse group of senior administrators is essential.
Columbia University has retained Opus Partners (www.opuspartners.net) to support this recruitment. Craig Smith, Partner, and Neeta Mehta, Principal, are leading the search. Confidential inquiries, applications, and nominations should be sent by email to email@example.com.
Preferred Qualifications: MBA, engineering or comparable advanced degree preferred.
As a member of the National Collegiate Athletic Association (NCAA) and the Council of Ivy Group Presidents (Ivy League), it is imperative that members of the Columbia University community, in all matters related to the intercollegiate athletics program, exhibit the highest professional standards and ethical behavior with regard to adherence to NCAA, Conference, University, and Department of Intercollegiate Athletics and Physical Education rules and regulations.
Columbia University is an Equal Opportunity/Affirmative Action employer.
Internal Number: 126_171435
About Columbia University
Columbia University is one of the world's most important centers of research and at the same time a distinctive and distinguished learning environment for undergraduates and graduate students in many scholarly and professional fields. The University recognizes the importance of its location in New York City and seeks to link its research and teaching to the vast resources of a great metropolis. It seeks to attract a diverse and international faculty and student body, to support research and teaching on global issues, and to create academic relationships with many countries and regions. It expects all areas of the university to advance knowledge and learning at the highest level and to convey the products of its efforts to the world.