Director of Financial Services
Bachelor’s degree in business or accounting with a minimum of 5 – 10 years of management experience.
Purpose of Job
The Director of Financial Services is responsible for the direction, coordination, and evaluation of all financial services departments.
Scope of Responsibilities
The successful candidate will possess strong organizational and leadership skills; excellent written, verbal, and interpersonal communication skills; the ability to work independently and manage a heavy workload; and perform under high standards at all times in order to be successful in this position. Ensures that internal and external customers are receiving consistent, timely and customer-oriented services. Addresses issues properly, efficiently and thoughtfully. The Director of Financial Services will also oversee one or more the following departments: Purchasing, Trave, Accounts Payable, and Student Accounts/Bursar to enhance and improve operations. The Director will work closely with internal and external customers to resolve issues with vendor payments, travel related issues, student accounts and other purchasing issues. The Director of Financial Services is also responsible for managing the different types of credit and travel cards used by the University ensuring that such services are always available to the University staff and faculty. Reviewing and reconciling open invoice reports and student accounts balances to the general ledger.
Bachelor degree in business or accounting and minimum of 5 – 10 years of management experience. Masters of Business Administration preferred with 10 years of management experience. Experience in Banner or similar ERP System. Proficiency in the use of computerized accounting systems, integrated computer systems. Proficient in the use of Microsoft Products, Word, and Excel.
Essential Job Functions
Trains and supervises staff in the financial services departments.
Acts as a backup related to management duties of all financial services departments.
Manage and reconciles subsidiary ledgers related to financial services.
Ensure month-end and year-end closure of all financial services processes.
Ability to handle sensitive information and maintain confidentiality with discretion and good judgement.
Must be service oriented, adaptable and open to change as the financial services departments evolve.
Ensure year tax statements are issued to vendors and students including timely filing with the appropriate taxing authorities.
Ensure monthly reconciliation of all travel and purchasing card statements to the general ledger.
Assist with the implementation, testing and maintenance of Banner Systems.
Work closely with CITS personnel when necessary to explore new Banner functions.
Use judgment in communicating issues to supervisor.
Perform other duties as assigned.
Licensing and Certifications
Knowledge Skills and Abilities
Knowledge of tax requirements for reporting vendor and student payments to the IRS.
Ability to effectively analyze data and queries, think critically and make independent decisions.
Knowledge and possession of high professional standards and a personal code of ethics characterized by honesty, integrity, openness, and fairness.
Ability to lead a team of professional staff, serve as an internal resource and work closely with a wide array of faculty, staff and/or administrators.
Ability to communicate effectively, both in writing and orally.
A willingness and passion to learn new hardware and software systems.
Ability to work part of a team or alone without close supervision.
Ability to use Banner ERP systems, Microsoft Office.