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Director of Finance

Employer
University of North Dakota
Location
Grand Forks, ND

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Executive Administration Jobs
C-Level & Executive Directors
Administrative Jobs
Institutional & Business Affairs, Business & Financial Management
Employment Type
Full Time
Institution Type
Four-Year Institution

Job Details

Salary/Position Classification
  • $100,000 - $105,000 Annual, Exempt
  • 40 hours per week
  • 100% Remote Work Availability: No
  • Hybrid Work Availability: Negotiable upon successful completion of training.
Purpose of Position

The Director of Finance will be responsible for strengthening business and financial planning in alignment with the College’s and University’s strategic goals. The position will lead financial and business matters and direct financial operations including budgeting and accounting. The Director provides leadership, oversight and stewardship for all aspects of financial resources while promoting best practices involving finance administration within the College.

Reporting to the College Dean and with secondary reporting to the University’s Associate VP for Finance, the Director of Finance works collaboratively with College leadership in providing strategic advice and recommending and implementing financial and administrative objectives, policies, programs, and practices that ensure a sound financial structure for the College. The Director of Finance keeps the Dean informed about the College’s current financial position and works creatively to help sustain an environment of excellence through collaboration and innovation.

In carrying out these responsibilities, this position will be expected to continuously evaluate short and long-term strategic financial objectives; produce forecasts and model strategic choices and alternatives; advise on the financial implications of business activities, the costs of strategic priorities, and options for funding strategies that will provide for the realization of the College’s growth. The Director of Finance has responsibility for all reporting and compliance related to fiscal activity and will suggest and lead efficiencies for managing financial processes throughout the CNPD.

Duties & Responsibilities
  • Develop financial planning processes to prioritize and ensure that short- and long-term financial plans are in alignment with the College’s strategic vision.
  • Work collaboratively with UND’s financial team in regard to information/data provided and requested.
  • Participate in strategic planning discussions.
  • Ensure the provision of adequate, accurate and timely data for strategic decision-making and operational leadership
  • Prepare financial and enrollment models that provide for the realization of College goals.
  • Apply budgeting knowledge in developing a budgeting process that achieves financial transparency and is true to the values and mission of the College.
  • Summarize complex financial and non-financial data and provide easy-to-understand analyses.
  • Use forecasting techniques and data analytics when evaluating the financial applications of strategic alternatives, thereby increasing decision-makers’ understanding of the risk and rewards of such alternatives.
  • Deliver clear and concise analysis and summaries of financial and activity-level data for executive-level review.
  • Financially advise and provide strategic planning to department-level administrators.
  • Prepare financial statements, budget models and respond to special project requests of the Dean.
  • Advocate for efficiencies, effective process improvements and best practices at the College and department level.
  • Work directly with Resource Planning & Allocation and Associate VP for Finance to ensure the College is
  • operating in an efficient and effective environment.
  • Lead and/or participate in development and implementation of practices that will improve financial strategies
  • Responsible for reviewing current practices and determining best practices for financial transactions.
  • Provide detail within the annual budget process related to grant and external funding within the College.
  • Monitor F&A revenue.
  • Advise dean and College administrators when establishing F&A policy and planning for department and PI-level distribution of funds.
  • Distribute funds following College and department-level distribution policies.
  • Provide leadership for personnel
Required Competencies
  • Exceptional data processing, analytical and problem-solving skills and attention to detail with excellent follow through on tasks
  • Ability to take complex information and/or large data sets and analyze them for data-based decision-making
  • Performs with a high degree of self-direction and motivation
  • Ability to multitask in a high volume, fast-paced environment while maintaining attention to detail
  • Maintain confidentiality with sensitive information
  • Use superior written and verbal communication skills, including active listening, critical thinking, and the ability to write and speak concisely and express thoughts clearly across various levels
  • Demonstrated ability to meet deadlines and work on multiple projects at one time
Minimum Requirements
  • Bachelor’s degree in Accounting or other business-related field
  • Five years of financial/accounting experience
  • Proficiency with Microsoft Office, including significant advanced knowledge of data analysis functions of Excel, including pivot tables, what-if scenarios, etc., with ability to generate a management summary of data
  • Successful completion of a Standard Criminal History Background Check

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the US and to complete the required employment eligibility verification form upon hire. This position does not support visa sponsorship for continued employment.

Preferred Qualifications
  • Financial planning experience in higher education
  • CPA or MBA
  • Experience working with Peoplesoft Finance
  • North Dakota or other Public Institution University System experience
  • Experience using PowerBI
  • Experience with Responsibility Centered Management (RCM)
To Apply

Please include a cover letter and resume.

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