University of Pennsylvania Hiring for Associate Dean of Finance and Chief Financial Officer, Penn Dental Medicine at Philadelphia Full Time

Associate Dean of Finance and Chief Financial Officer, Penn Dental Medicine

University Overview

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn’s distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America’s Best Large Employers in 2023.

Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

Posted Job Title
Associate Dean of Finance and Chief Financial Officer, Penn Dental Medicine

Job Profile Title

Job Description Summary
The University of Pennsylvania (Penn) seeks an experienced and collaborative financial leader as the next Associate Dean of Finance and Chief Financial Officer (CFO) at Penn Dental Medicine (PDM or School). Established in 1878, Penn Dental Medicine is among the oldest university-affiliated dental schools in the nation. The PDM community includes 858 students, 495 faculty, and +325 staff who advance the School’s mission to transform global oral health and well-being through exceptional clinical care, innovation, education, and research. PDM’s impact on the Philadelphia community is profound, with a patient base of over 43,000 receiving 165,000 treatment visits in its dental centers and practices each year and over 65,000 hours of clinical care provided by faculty and students in community settings. PDM views research and scholarship as a central component of excellence in instruction and patient care; in line with this focus, the School received $27.9 million in research funding in FY22.

Job Description

As a member of PDM’s senior leadership team, the next CFO will have the opportunity to shape strategy and accelerate the impact of one of the nation’s preeminent schools of dentistry. The CFO reports directly to the Morton Amsterdam Dean of PDM and holds senior managerial and fiduciary responsibilities in all financial matters. The CFO oversees PDMS’s $130 million budget (FY22) with $30 million in clinical revenue, which includes operations, budget planning, capital planning, funding opportunities, financial analysis, and managerial oversight responsibility for maintaining and ensuring PDM’s solid financial position. The CFO will have a close working relationship with PDM’s leadership team and serve as PDM’s spokesperson to the executive and financial levels of the University.

This is an exciting opportunity for a technically competent, astute, and entrepreneurial individual with deep financial knowledge and an understanding of the dynamic higher education and healthcare environments. The CFO will be an excellent manager, communicator, and collaborator who works effectively with chairs/department heads, faculty, and staff to resolve challenges in financial processes that impede efficiency and effectiveness. The CFO will also assess and develop SOPs that are shared across departments and work with the senior administration and department chairs to establish key performance indicators that maximize the ability of the School to succeed in its mission. The CFO must maintain a commitment to the highest ethical and professional standards while consistently exercising sound judgment.

The ideal candidate for CFO will possess strong financial skills, including an understanding of academic and clinical budgets and knowledge of clinical operations and finances. They will be inclined toward action while being flexible and comfortable working in ambiguity. They will be data-driven but not risk-averse and must be able to encourage trust and transparency through their actions. The ideal candidate will have a successful track record of leading and motivating a staff of highly motivated professionals and administrative personnel.

Education:

The successful candidate will hold a master’s degree or more and over 10 years of progressively responsible strategic leadership experience overseeing financial and administrative functions within a university setting. An MBA is preferred.

Professional Experience/Qualifications:

A successful Associate Dean/CFO will be sensitive to and able to adapt to the unique culture of a university environment with both its spirit of academic independence as well as administrative constraints.

The School of Dental Medicine requires an Associate Dean/CFO with vision, proven leadership ability and a strategic and innovative thinker. This position requires strong negotiation, communication and listening skills. The incumbent must have a strong professional presence and the ability to influence others. Proven experience in an optimization methodology such as LEAN, Six Sigma is highly desirable.

Additional experience/qualifications to be considered:

• Knowledge of current and emerging issues, trends, and strategies in higher education finance, with familiarity of private/nonprofit finance and accounting is required.
• Knowledge of clinic operations preferred.
• Candidates must have a deep understanding of financial and budgeting operations, and proven talent for the development and execution of long-term financial strategy.
• Demonstrated ability to operate successfully in a constantly changing, fast-paced environment.
• Demonstrated emotional intelligence and interpersonal skills, initiative, self-motivation, practical learning skills, enthusiasm and an ability to complete multiple tasks in a timely and accurate manner.
• Work requires ability to ensure adherence to all policies and procedures of university.
• Experience in public speaking, business presentations, meeting management and business correspondence.
• Proven experience relating to external constituencies such as governing boards, legislative bodies, public, and other funding agencies and donors is required.
• Demonstrated commitment to diversity in all of its forms, with the proven ability to interact effectively with diverse groups with sensitivity and tact is essential.
• An understanding of state and federal regulations governing higher-education institutions and knowledge of Pennsylvania university or state policies and procedures is highly desirable.
• Strong working knowledge of healthcare/clinic/dental practice and management, generally accepted accounting principles (GAAP) and non-profit accounting to include a history of continuing education is desired.

Salary range is $175,000 – $250,000 (will commensurate with experience).

The University of Pennsylvania has retained Isaacson, Miller, a national search firm, to conduct the search.

Screening of complete applications will begin immediately and continue until the completion of the search process. Inquiries, nominations, referrals, and applications (resumes with cover letters) should be sent via the Isaacson, Miller website for the search: www.imsearch.com/open-searches/university-pennsylvania-school-dental-medicine/chief-financial-officer

Dan Rodas, Partner

Amy Segal, Partner

Karen McPhedran, Managing Associate

Gigi Mensah, Associate

Nicole Sancilio, Search Coordinator

Isaacson, Miller

The University of Pennsylvania values diversity and seeks talented students, faculty and staff from diverse backgrounds. The University of Pennsylvania is an equal opportunity and affirmative action employer. Candidates are considered for employment without regard to race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status or any other legally protected class. Questions or concerns about this should be directed to the Executive Director of the Office of Affirmative Action and Equal Opportunity Programs, University of Pennsylvania, 421 Franklin Building, 3451 Walnut Street, Philadelphia, PA 19104-6205; or (215) 898-6993 (Voice) or (215) 898-7803 (TDD).

Job Location – City, State
Philadelphia, Pennsylvania

Department / School
School of Dental Medicine

Pay Range

Salary offers are made based on the candidate’s qualifications, experience, skills, and education as they directly relate to the requirements of the position, as well as internal and market factors and grade profile.

Affirmative Action Statement
Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.

Special Requirements
Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

University Benefits

• Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family’s health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.
• Tuition: Take advantage of Penn’s exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.
• Retirement: Penn offers generous retirement plans to help you save for your future. Penn’s Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.
• Time Away from Work: Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family—whatever your personal needs may be.
• Long-Term Care Insurance: In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you’re newly hired, you won’t have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.
• Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That’s why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.
• Professional and Personal Development: Penn provides an array of resources to help you advance yourself personally and professionally.
• University Resources: As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University’s libraries and athletic facilities, or visit our arboretum and art galleries. There’s always something going on at Penn, whether it’s a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you’re right in the middle of the excitement—and you and your family can enjoy many of these activities for free.
• Discounts and Special Services: From arts and entertainment to transportation and mortgages, you’ll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.
• Flexible Work Hours: Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.
• Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.
• Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.

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To learn more, please visit: https://www.hr.upenn.edu/PennHR/benefits-pay

To apply, visit https://wd1.myworkdaysite.com/en-US/recruiting/upenn/careers-at-penn/job/Dental-School-Evans-Building/Associate-Dean-of-Finance-and-Chief-Financial-Officer–Penn-Dental-Medicine_JR00072544-1

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