City of Hope Director, Research FP&A in Irwindale, California

About City of Hope

City of Hope, an innovative biomedical research, treatment and educational institution with over 5,000 employees, is dedicated to the prevention and cure of cancer and other life-threatening diseases and guided by a compassionate, patient-centered philosophy.

Founded in 1913 and headquartered in Duarte, California, City of Hope is a remarkable non-profit institution, where compassion and advanced care go hand-in-hand with excellence in clinical and scientific research. City of Hope is a National Cancer Institute designated Comprehensive Cancer Center and a founding member of the National Comprehensive Cancer Network, an alliance of the nation's 20 leading cancer centers that develops and institutes standards of care for cancer treatment.

Position Summary:

The director oversees the research financial close, supports the Vice President of Corporate Financial Accounting and Operations in the financial management of research business entities in all aspects of financial reporting and analysis, balance sheet management, operational monitoring as well as inputs for both managing yearend financial delivery and annual budget cycle. The Director of Research Financial Accounting & Analysis is a key member of the corporate financial accounting & operations leadership team. It reports directly to the Executive Director, Corporate Financial Accounting & Analysis and provides direct supervision to a team of 5 over Medical Center (Clinical Trial contracts), Beckman Research Institute (Federal, State and Fixed Fee contracts) as well as 3 Good Manufacturing Process facilities. It is also responsible for accurate, consistent, and timely financial close and reporting over Translational Genomic Research Institute (Tgen) through partnership with their finance and accounting team.

The research strategic operations and expansions are key differentiators for City of Hope, it has almost 2000 grants and contracts with over $100M in direct revenue and contribute to 30% of the $1.2B clinical revenue. The director is responsible for research policies with financial impact, making recommendations on systems and procedures to ensure optimum financial management internal control and timely analysis. It is important to have outstanding communication to provide day-to-day leadership and decision making support for research administrators and principal investigators including oversight and career development of research finance accounting team. The director will have full oversight to ensure company-wide compliance with internal accounting policies, SOX as well as, implementation of new US GAAP standards. Additional, the director will have direct responsibility for government contracts compliance requirements including quarterly and annual filing, as well as government audits.

Essential Functions:

Financial Close, Analysis and Reporting

  • Coordinate the research financial close; analyze and report financial performance. Ensure timely and accurate preparation of financial statements for both monthly internal management reporting as well as quarterly and annual external reporting requirements.
  • Collaborate with corporate finance and business unit finance teams, perform consistent and relevant financial analysis on KPI's for enterprise and operational management teams as well as board committees.
  • Provide timely input and recommendations to corporate and business unit finance team on risks and opportunities in delivering of research and enterprise key business performance metrics.
  • Oversees the preparation and negotiation of the Facilities and Administration Cost Proposal; Lead and partner with business unit finance team on establishing accurate and consistent fringe rate calculation.
  • Collaborate with ERP financial system business analyst team, IT, as well as other Finance departments on system automations and enhancements.

Accounting Policies and Guidelines

  • Develop, implement and document accounting policies and procedures for research financial accounting and reporting that's in compliance with internal management requirement as well as US GAAP standards. Design and roll out accounting driven business process changes throughout enterprise.
  • Develop knowledge of NIH and other federal research sponsor grant administration requirement, current and emerging research administration issues and trends, grants and contracts from foundations and government agencies, federal appropriations and research funding processes, and roles of federal and other sponsors in research and development.
  • Responsible for leading change management efforts for research financial close and reporting. Partner with business unit finance teams to aggressively drive process improvements that creates efficiencies, increase outputs that delivers business insights.
  • Provide technical accounting & insightful finance support on complex transactions such as affiliation and joint venture agreements, contracts revenue recognitions with any relevant changes, M.D. and PH.D agreements between Clinical and Research, and research expenditures by service lines.

Compliance and Control

  • Directs the identification and mitigation of financial risks including but not limited to timely billing, revenue recognition, expense management, legal and compliance risk, GAAP standard changes, government compliance requirements and audits.
  • Ensure accurate and timely government reporting requirements as well as vendor reporting requirements.
  • Oversee and lead the COH annual A133 single audit as well as partner with Tgen finance team for the Tgen annual A133 single audit to ensure consistency. Coordinate activities with external audit firms and review firms' performance. Ensuring timely mitigation of any material weakness through implantation of internal control and business process improvements.
  • Responsible for establishing and maintaining adequate internal control and integrity with research financial performance; work with business entity finance and operation team on well managed award set up and close out process.

Effective Manager & Leader

  • Participates in the identification and development of objectives, goals, and strategy relative to finance functions as well as for the enterprise.
  • Provide strong finance and accounting leadership within the finance organization as well as external stakeholders.
  • Build a strong research finance accounting team through recruiting strong talent, managing performance, motivate, mentor and develop the research financial accounting team; Provide long term vision and define priorities for research financial accounting team.
  • Assist with formation and execution of the Corporate finance strategic priorities.
  • Obtain and maintain necessary healthcare and GAAP related finance and accounting knowledge.
  • Work closely and effectively with a diverse constituency, including faculty, administrators, state policy makers, and the private sector in a wide range of disciplines.

Reporting Relationships

The position directly supervises:

  • Manager, Post Award
  • Senior Analyst, Research Financial Accounting

The position indirectly supervises:

  • Senior Accountant, Post Award (2)
  • Staff Accountant, Post Award

Position Qualifications:

  • Bachelor's degree in finance, accounting, business administration or related field
  • Minimum ten years of financial accounting experience
  • Minimum eight years of managerial experience
  • Minimum of five years of scientific or academic health care experience

Preferred Education andExperience:

  • Big 4/ Public accounting
  • Healthcare
  • Research
  • MBA, CPA
  • Large Enterprise Resource Planning and Electronic Medical Records systems


  • Advanced knowledge of US GAAP and finance theory
  • Exceptional project management and organization skills
  • Strong analytical/problem solving skills
  • Results oriented with focus on exceeding planned targets
  • Excellent verbal, written and interpersonal communication skills
  • Able to communicate with professionals at all levels
  • Capable of managing multiple responsibilities.
  • Must have the ability to think strategically
  • Ability to work under strict deadlines
  • Must be energetic and a self-starter

City of Hope is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with disability.