Senior Director of Finance

Location
Milwaukee, WI, USA
Posted
Oct 01, 2020
Institution Type
Four-Year Institution
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  • Milwaukee, WI, USA
  • Full Time
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    Position Summary: The Senior Director of Finance is responsible for oversight of many significant components of the financial operations of the University under the supervision of the Vice President for Finance and Administration (CFO). This position works in close collaboration with senior leadership to manage the finances of the University, provide policy direction, and lead the elements of the financial operation that support and advance the University's mission and strategic goals. This position works closely with all areas of the University and ensures the timely delivery of effective, efficient and exceptional customer service to the community.

    Primary Responsibilities:

      Financial accounting and reporting:
        Oversee financial accounting team, including monthly closing and preparation of financial statements and reports to the Finance and Investment Committee of the BoardCoordinate various forms of external audits, including annual financial audit, A-133 Single Audit, benefit plan audits, and others that arise over the course of timePrepare draft annual financial statements, footnotes, functional expense summaries Ensure ongoing proper accounting for financial transactions consistent with GAAPEnsure ongoing proper accounting for restricted and endowed gifts to the University in collaboration with the Office of Alumnae and Donor RelationsAnnual 990T and other tax reporting to the Federal Government and State of WisconsinCollaborate with the Office of Institutional Research on annual IPEDs reportingProvide post-award grant administration and financial reportingQuarterly and annual compliance reporting connected to long-term bond financing
      Budgets, forecasts and financial analysis:
        Oversee annual budget process, including communications to and meetings with vice-presidents, deans, department chairs and budget directors to establish guidelines for annual budgetsOversee and assist in preparation of multi-year financial forecasts and other financial analyses in connection with strategic planning or evaluation of specific strategic initiatives
      Cash and investment management and banking relationships:
        Oversee and assist with ongoing management of cash and investment accounts to ensure effective management of fundsServe as primary liaison with bank, investment firm and bondholder partners
      Business office operations:
        Oversee the Business Office team in billing and collection of student accountsPreparation and reporting of Form 1098T to students and the Federal governmentCollaborate with the Financial Aid Office in the administration of financial aid funds
      Payroll, purchasing and accounts payable functions:
        Oversee the payroll function, including working with the HR Department in the administration of all elements of payroll and benefits for administrative personnel as well as full-time, part-time and adjunct facultyOversee preparation and reporting of all annual payroll and benefit regulatory filings, including W-2, 1099 Misc. and 1095Oversee the purchasing and accounts payable functions, including collaborating with team members to establish best practices
      Compliance:
        Serve as a member of the University's Compliance CommitteeEnsure legal and regulatory compliance with all applicable laws, rules, and regulations within areas of responsibility
      Risk management and risk financing:
        Assist Vice President for Finance and Administration in the ongoing management of an enterprise risk management program Protect the assets of the university through maintenance of fixed asset records and all relevant and reasonable forms of insurance coverage
      Manage and develop all staff within areas of responsibility

    Qualifications:

      Bachelor's degree with concentration in accounting or related fieldHigher Education experience or in a similar (non-profit) environment, +3 yearsCPA and/or MBA a plusExcellent written and oral communication skillsCommitted to excellence in performanceService oriented and collegialTo perform this job successfully, an individual must be able to perform each primary duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform primary functions.

    Physical Demands:

      May be required to lift up to 20 lbs.Must reach, bend, stoop, lift.Must sit, walk or stand.Some repetitive motion may be required.

    Working Conditions:

      Can be scheduled for up to 40 hours a week.Varying workflow; sometimes stressful with high workload times of the year.Complete work required within a limited space.Complete work required within a limited time.

    Mount Mary University encourages applications from all qualified candidates and is vitally committed to all aspects of diversity, equity and inclusion. We welcome and encourage applications from qualified candidates and all will receive consideration for employment regardless of race, color, religion, sex, national origin, age, ethnicity, pregnancy, disability, genetic information or any other groups protected by law. Mount Mary seeks to hire and retain personnel who will make a positive contribution to its mission, vision and values.

    For more information about diversity, equity and inclusion at Mount Mary please visit https://www.mtmary.edu/about/diversity

    Mount Mary Universityhttps://mtmary.applicantpro.com