Chief Financial Officer

Sanford Burnham Prebys is a preeminent, independent biomedical research institute dedicated to understanding human biology and disease, and advancing scientific discoveries to profoundly impact human health.

SummaryThe Chief Financial Officer (CFO) will strategically manage the Institute’s financial matters and will have the primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities. The CFO also participates in long-range strategic planning activities, leads implementation of those aspects of the plan pertaining to finance, and ensures effective integration and efficient operations in support of Sanford Burnham Prebys’ scientific mission and initiatives. As a member of the Executive Leadership Team, the CFO is accountable for the financial and risk management operations of the Institute, including the development of a financial strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve Institute assets and report accurate financial results.The CFO regularly interfaces with the Board of Trustees and its Committees, in particular, Finance, Audit, and Compensation, and serves in an officer capacity as its Treasurer. The CFO serves as a representative and spokesperson for the Institute to external organizations and individuals. Duties and Responsibilities

• Provide leadership, direction, and management of the finance and accounting team.
• Provide strategic recommendations to the CEO/President and executive management team.
• Develop and maintain effective systems for planning and managing financial resources, including developing and maintaining a long-term financial plan, strategic financial forecasting, and collaborative budgeting.
• Create and implement financial management policies and strategies that maximize revenue and minimize cost, as well as effectively manage the Institute’s long-term investments and debt/capital structure while linking financial analytics to operational goals and strategies.
• Oversee the preparation and communication of monthly, quarterly, and annual financial statements and ensure timely reporting and updates to the CEO, Board of Directors, and other key stakeholders.
• Ensure that financial transactions, policies, and procedures meet the short- and long-term business objectives and are conducted in accordance with regulations, accounting principles, and standards.
• Actively seek out “best practices” for handling institutional issues, including operational efficiencies, cross-departmental initiatives, and reporting tools.
• Develop financial strategy, benchmarks, and ongoing development and monitoring of control systems.
• Ensure the integrity of the internal financial control structure.
• Ensure record keeping meets the requirements of auditors and government agencies.
• Ensure appropriate insurance coverage is maintained.
• Manage cash and cash requirements to meet the financial obligations of the Institute and the system.
• Works with the CEO to plan and support planned growth, including acquisition and construction or leasing of additional facilities.
• Keeps abreast of legislative and regulatory changes that may impact the Institute.
• Develop strategies for achieving compliance without detriment to scientific progress.
• Assists the CEO with special projects as required.
• May supervise other administrative departments.
  
  

Education and/or Experience:

• A Bachelor’s degree in Business, Accounting, or Finance is required. An MBA or CPA designation is preferred.
• Expert-level understanding of financial strategies, budgeting, forecasting, and reporting.
• Proven ability in financial modeling, performance measurement, and financial analysis to drive fiscal health and inform decision-making
• At least ten years of experience in managing the fiscal operations of a complex, well-run organization is required.
• Experience managing in a non-profit organization is preferred, and specifically, experience with a non-profit, life-sciences-focused research institute or university department/school is highly preferred.
• Knowledge of major sources of institutional funding is required.
• Outstanding, proven management skills are required, with solid skills in setting annual goals for performance and motivating and monitoring staff progress.
• Excellent communication skills, both written and verbal, superb interpersonal skills, the ability to resolve issues fairly, be a team player, and possess a high degree of honesty and integrity.
  
  

Supervisory Responsibilities:This position oversees other individualsCompensation:The Expected Hiring Range for this role is from $324,000 - $380,000 annually.Sanford Burnham Prebys is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.If you need an accommodation seeking employment with Sanford Burnham Prebys, please email accommodations@sbpdiscovery.org. Accommodations are made on a case-by-case basis.