Business And Finance Officer

Position: BUSINESS AND FINANCE OFFICER #00061978
Hiring Department

Fiscal Managers

Fiscal Services supports university operations through financial process management and guidance. The department works with campus units to ensure consistent fiscal practices. Positions involve financial processing, account support, and coordination with campus units.

Job Description

The Business and Finance Officer provides strategic financial and business operations support for the College of Arts, Sciences, and Education (CASE) and the Division of Communications, Outreach and Engagement (COE). Reporting to the Assistant Vice Chancellor for Business Operations and Strategy, the position works in close partnership with the Dean of CASE, Associate Deans, Department Chairs, the Vice Chancellor for Communications, Outreach and Engagement, and other university leaders to advance the financial and operational priorities of the assigned units.

The Business and Finance Officer is responsible for financial planning, budget development and oversight, fiscal analysis, compliance, internal controls, and business operations. The position serves as a trusted advisor to leadership by providing data-driven recommendations, ensuring sound stewardship of university resources, and supporting strategic decision-making. The Business and Finance Officer collaborates with central administrative offices and department-level staff to promote efficient operations and compliance with university policies and procedures.

Essential Responsibilities:

Strategic Financial Planning and Budget Management (25%)

* Serve as the primary financial advisor to leadership within assigned units

* Develop and maintain long-range financial plans that align with strategic priorities

* Lead annual budget development, forecasting, and resource allocation processes

* Analyze financial trends, enrollment impacts, salary commitments, and operational needs to support decision making

* Identify opportunities for operational efficiencies, cost savings, and revenue enhancement

* Evaluate the financial impact of strategic initiatives, new programs, and investments

Financial Operations and Fiscal Oversight (25%)

* Oversee fiscal activities including revenues, expenditures, gifts, grants, endowments, and other funding sources

* Monitor and reconcile departmental budgets and ensure accurate financial reporting

* Review and process budget adjustments, journal entries, fund transfers, and other financial transactions

* Monitor salary budgets, payroll distributions, and position funding

* Review faculty startup packages, retention agreements, course buyouts, and other funding commitments for fiscal viability and compliance

* Prepare and analyze financial reports, budget-to-actual comparisons, multi-year projections, and other management reports

* Utilize university systems including People Soft, Workday Planning, Power BI, Cognos, and related reporting tools

Compliance, Risk Management, and Business Operations (15%)

* Ensure Compliance with University of Missouri System policies, campus procedures, and applicable regulations

* Maintain effective internal controls and appropriate segregation of duties

* Monitor fiscal, procurement, payroll, and business processes to mitigate risk and promote accountability

* Review financial system security access and recommend process improvements to enhance operational effectiveness

* Identify emerging operational of financial risks and recommend appropriate solutions

Personnel and Administrative Support (10%)

* Review the fiscal aspects of personnel actions, including appointments, compensation changes, funding distributions, and position management

* Partner with Human Resources to support compliance with university policies and position management processes

* Assist leadership with workforce planning, recruitment budgeting, onboarding, and organizational changes

* Provide guidance to departmental administrators on personnel-related financial matters

Leadership and Operational Support (10%)

* Serve as a resource to department administrators and business staff across assigned units

* Coordinate training and share best practices related to budgeting, financial management, procurement, and university business processes

* Support continuous improvement initiatives that enhance operational effectiveness and consistency

* Lead of participate in special projects and strategic initiatives as assigned

Reporting and Decision Support (10%)

* Develop dashboards, reports, and analytical tools to support leadership decision-making

* Analyze financial and operational data to identify trends and opportunities

* Prepare presentations and reports for college, divisional, and university leadership

* Support data-informed planning and performance assessment activities

Campus Collaboration and University Services (5%)

* Collaborate with Finance, Human Resources, Research Administration, Procurement, Information Technology, and other campus partners

* Represent assigned units on university committees and working groups as appropriate

* Foster strong…