MelroseWakefield Hospital · 2 months ago
Academic Finance Leader
Tufts Medical Center
Full-time
Onsite
Senior Level, Lead/Staff
$163K/yr - $208K/yr
15+ years expTufts Medical Center is part of Tufts Medicine and is seeking an Academic Finance Leader to serve as a strategic partner in advancing academic and research missions. The role involves overseeing funds flow across academic enterprises, implementing efficiencies, and ensuring fiscal accountability and regulatory compliance.
Health CareHome Health CareMedical Device
Responsibilities
Oversee and integrate the research and education (academic) budgets across TM and TMC
Support budget development and ongoing management of Dean/CAO office budgets, incorporating research, Undergraduate Medical Education (UME), Graduate Medical Education (GME), and faculty development
Support execution of Tufts Medicine–Tufts University research priorities, including CTSI, research/education initiatives, and cluster hire funding
Provide strategic oversight for research funds flow, including clinical trials (central vs. departmental models)
Direct funds flow between TM/TMC and TUSM, to support the research and education mission, including support for research infrastructure, shared services, educational roles including site directors, joint appointments, per-student fees, and named positions (e.g., coaches, clerkship directors)
Oversee faculty funding streams including endowed professorships, directorships, and joint appointments
Lead development, review, and updates to research and special fund financial policies in alignment with system priorities and federal guidelines
Develop financial models for NIH/F&A funding decreases and lead F&A Joint Allocation Group (JAG) processes
Drive Medicare cost report optimization to maximize education-related reimbursements
Support educational agreements between Tufts Medicine, TUSM, and partner institutions (including Children’s Hospital)
Manage resident funding, and expansion planning at Lowell, Melrose, and future sites
Develop and implement funds flow models that balance academic incentives with strategic investment in system-wide research and education
Establish infrastructure for research and philanthropic fund accounting across the system, including F&A assessment and allocation
Oversee sundry fund management and philanthropic fund compliance, ensuring optimal utilization and alignment with institutional goals
Partner with TU and internal stakeholders to establish policies and processes for research and education philanthropy
Ensure compliance, maximize resource utilization, and align philanthropic funding with academic and research priorities
Qualification
Required
Bachelor's degree in Accounting, Finance, Business Administration, or related field
Fifteen (15) years of progressive financial management experience, including leadership in a complex academic healthcare environment, research and education, budget development, funds flow, and sponsored program financial management
Preferred
Master's degree in related field
CPA, CMA, or CFA credential
Experience in an Academic Medical Center, medical school, or integrated health system
Experience with research finance, philanthropy finance, and academic budgeting (UME, GME, endowed positions, faculty appointments)
Experience with federal funding structures, e.g., CTSI funding, NIH funding mitigation strategies, and federal indirect cost/F&A structures
Benefits
Comprehensive Total Rewards package that supports your health, financial security, and career growth
Company
MelroseWakefield Hospital
MelroseWakefield Hospital and Lawrence Memorial Hospital provide high-quality, community-based care.
1001-5000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase