Chief Financial Officer - School of Foreign Service
Chief Financial Officer - School of Foreign Service
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The Chief Financial Officer (CFO) of the School of Foreign Service (SFS) is responsible for establishing the direction and providing leadership in financial policy formulation, revenue and expenditure management, and financial and longitudinal planning at the School of Foreign Service. S/he is principally responsible for ensuring that undergraduate and graduate programs, the Dean's Office, and all Centers and Institutes operate within budget on an annual basis and as projected over time. Reporting to the Dean of SFS and having a dotted reporting line to the Chief Financial Officer of the Main Campus, the Chief Financial Officer has additional duties that include but are not limited to:
Oversight and Leadership
- Under the guidance and leadership of the Dean of SFS, establishes the annual planning and budgeting process for the various Centers, Programs, and Institutes within SFS.
- Liaises with the Office of the Provost - Finance and Business Services on the annual planning and budgeting process.
- Develops and communicates annual planning and budgeting parameters to the Centers, Programs, and Institutes within SFS in accordance with Main Campus and University budget processes.
- Supports and guides SFS units in the development of their 5-year financial plans by incorporating planning parameters to develop budgets at the department level, and providing data, templates, and reports to Financial Administrators and Academic leaders as needed.
- Develops a process for monthly financial analysis and year end projections for key units within SFS.
- Ensures that submitted annual budgets are reconciled to the annual position budget, are at the appropriate level of detail per the Main Campus guidelines, and meet the units' budget targets.
- Compares submitted budgets to prior year actuals' and strategic plans to ensure submitted budgets are realistic.
- Under the direction of the Dean of SFS, partners with the Directors of the Graduate Programs in developing robust financial plans and budgets for graduate programs at SFS.
- Oversees the process of allocation of scholarship for graduate programs.
- Meets regularly with the Dean and the Program Directors, reporting on financial metrics.
- Establishes a system of “early warning” indicators to appraise the Dean and the Program Directors of financial impact on account of enrollment or scholarship decisions.
- Oversees the transition from the legacy GTR system to the new Graduate Program Financial model and provides assistance and support to the units during the transition phase.
- Establishes processes for modelling budgets and financial impacts of programs in development.
- Oversees special assignments from the Dean, Provost, or Main Campus CFO.
Financial Operations and Compliance
- Monitors and approves SFS financial transactions up to $25,000, serving as Senior Business Manager and Finance Partner in GMS and fulfilling all responsibilities therein in a timely fashion.
- Meets regularly with finance administrators within SFS and communicates Main Campus and Financial Affairs policy changes to key constituents within SFS.
- Coordinates month-end and year-end accounting processes ensuring that deadlines are adhered to, and verifies the accuracy of revenue and expenditure accruals and encumbrances.
- Ensures SFS, University, and Main Campus policies and procedures are followed and provides operational training as needed to all staff.
- Participates in campus-wide financial meetings, task forces, and working groups.
- Other duties as assigned.
- Bachelor's Degree; A Master's degree in Business or Finance or a Professional Accounting qualification is desirable
- 6 - 8 years of progressively responsible financial and budgetary management and analytics experience, with expertise in integrating program and budget data for forecasting, financial planning, and budgeting
- Strong analytical skills with an ability to assess varied scenarios and develop useful financial performance reports
- High level of financial acumen is required, including a thorough understanding of finance and budgets
- Ability to work with a variety of financial systems and run analyses using office management tools
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Georgetown University is an Equal Opportunity/Affirmative Action Employer fully dedicated to achieving a diverse faculty and staff. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, color, religion, national origin, age, sex (including pregnancy, gender identity and expression, and sexual orientation), disability status, protected veteran status, or any other characteristic protected by law.
Georgetown University offers a wide variety of comprehensive and competitive benefits. Benefits packages include comprehensive health, dental and vision plans, disability and life insurance coverage, retirement savings programs, tuition assistance, voluntary insurance options (including group legal, accident, and critical illness), and much more. Whatever your need, the Office of Faculty and Staff Benefits will be standing by to support you. You can learn more about the benefits offered to eligible faculty and staff at https://benefits.georgetown.edu or view the online interactive benefits guide for more information.
To apply, visit https://georgetown.wd1.myworkdayjobs.com/en-US/Georgetown_Admin_Careers/job/Main-Campus/Chief-Financial-Officer---School-of-Foreign-Service_JR06984
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