Chief Financial Research Officer

Overview

Job Summary

A Chief Financial Officer (CFO) in the context of research is responsible for overseeing the financial health, strategic planning, and compliance of academic medical centers, research programs, and training initiatives. This role bridges clinical, academic, and administrative functions, ensuring that financial resources are aligned with mission goals in education, research, and patient care.  

Job Responsibilities

Job Responsibilities

1. Financial Leadership & Strategy  

Manage budgets for research grants, training programs, and institutional initiatives, ensuring alignment with strategic priorities.

Oversee revenue streams, including grants, contracts, and institutional funding, and ensure compliance with federal, state, and institutional regulations  

2. Research Finance & Compliance  

Coordinate with research administration offices to manage grant accounting, compliance, and reporting.  

Ensure adherence to NIH, NSF, and other funding agency requirements, including cost allocation, indirect cost recovery, and audit readiness.  

Support the development of financial models for research proposals and infrastructure projects.  

3. Interdepartmental Collaboration  

Serve as a liaison between clinical departments, research centers, and administrative offices on financial matters.  

Partner with human resources to address faculty compensation, tenure, and promotion processes.  

Coordinate with investment officers to ensure research and education funds are invested wisely.  

5. Reporting & Governance  

Prepare regular financial reports for senior leadership, boards, and accreditation bodies.  

Represent the institution in financial discussions with donors, trustees, and funding agencies.  

Ensure transparency and accountability in stewardship of research and training funds.  

Degree in finance, accounting, or health administration degreed.

Five (5) Years of Progressive Leadership in finance required.

Progressive leadership in Academic medicine, research Administration, or GME desired.

Expertise in grant accounting, budgeting, financial analysis, and compliance required.