Director of Financial Management

Locations:
Oakland Campus, Sacramento Campus, Fresno Campus, San Mateo Campus

Time Type:
Full time

Posted on:
Posted 5 Days Ago

Job Requisition

The Director of Financial Management reports to the AVP & Controller, with a dotted line to the Provost, as part of the Business Affairs Group, and supports both the centralized and decentralized elements of the University’s annual operating budget. Partnering with the Deans of the University’s 3 colleges (Nursing, Health Sciences, and Podiatric Medicine), the Director participates in long-term financial planning and special projects to support data-driven decisions by the senior leadership team and the board of regents.

The Director of Financial Management provides essential technical and analytical skills to the Finance team as well as serving as the lead analytic/budget resource for all departments.

Remote Opportunity: This position will require building strong relationships across the campus. Candidates for this position will have the option to work on campus, hybrid, or in a fully remote capacity. Travel to campus on occasion is expected to build relationships and attend key events and meetings. Travel costs will be budgeted for and covered by the University.

Your Mission:

• Support the Deans in the College of Nursing, College of Health Sciences, and College of Podiatric Medicine with key metrics; contribution margin, enrollment trends, pricing analytics, operating profit, budget to actual spend, and forecasting.
• Training and development of deans and program chairs/directors in financial management.
• Support the University in evaluating new programs, including creating financial pro-formas for new programs and evaluating the performance of programs compared to their pre-launch pro-formas.
• Prepare monthly financial reports reflecting monthly and year-to-date financial activity, as well as projected financial activity through year-end, ensuring reporting is compared to budget and grouped by Colleges and in total.
• Prepare and/or oversee preparation and monitoring of the University's multi-year forecast model.
• Develop and maintain campus-wide communication and training program to enable end-users to view, track and take ownership of their respective areas of budget responsibility.
• Assist Deans, Directors, and other University leaders in interpreting financial and budget reports, analyzing data, and planning budgets.
• Create dashboards, graphs, and other reporting tools to communicate information to campus constituents.
• Maintain allocation methods to distribute shared costs to appropriate departments.
• Create and maintain methods to allocate administrative overhead costs to appropriate departments.
• Develop predictive models to analyze financial consequences of policy or program changes.
• Refine modeling assumptions and employ methodologies that result in improved projection accuracy and validity.
• Monitor enrollment and tuition earnings against projections and provide variance reporting.
• Accurately analyze complex financial and accounting data and effectively communicate it to a wide variety of executives, faculty, and other constituents in lay terms.
• Ensure analysis and financial/budget reporting of budget vs. actual reports as well as historical analyses for initiatives, cost centers, and segments.
• Proactively identify and present opportunities to enhance financial and business effectiveness.
• Actively seek new tools and ideas to help management better understand and plan operations of the business.
• Play an active role in formulating budget policies, controls, and workflow processes.
• Serve as liaison with Human Resources for salary and benefits budget matters.
• Provide operating and capital budget assistance to the Campus Community.

• Bachelor’s degree in accounting, financial analysis, finance, economics, mathematics, statistics, business administration, or related field, or equivalent combination of education and experience.
• A minimum of 7-10 years of experience in budgeting, finance, or accounting, with 5 years in a leadership capacity, preferably from a college or university.
• Effective,…