University of Miami · 8 hours ago
Director, Finance - Central Finance Office (Coral Gables)
The University of Miami is seeking a Finance Director for the Central Finance Office at the Coral Gables Campus. The role involves overseeing financial analysis and reporting, managing the capital planning process, and supervising a team of financial analysts to ensure effective budgeting and forecasting practices are in place.
Higher Education
Responsibilities
Analyzes fluctuations in monthly operating results for the Coral Gables & RSMAS campuses, identify variances to multiple scenarios and provide meaningful narrative and graphical analysis, including executive presentations
Prepares monthly estimates and accruals in accordance with GAAP and performs integrity checks on the Academy’s financial statements. Improves and simplifies the financial consolidation process while ensuring a high degree of accuracy and leveraging systems capabilities
Partners with the Controller's Office and university-wide finance teams to drive consistency and best practices
Assists the Asst. VP, Financial Planning & Analysis with preparing, examining, and analyzing accounting records, financial statements and other financial reports to assess accuracy, completeness and conformance to reporting and procedural standards, as needed
Manages the University's annual capital budget process, including developing budget policies and parameters, updating the University's capital allocation model, preparing, and disseminating capital budget guidelines and managing adherence to these guidelines throughout the budget process
Leads the development of the University's 5-Year Capital Plan, including executive presentations and related financial metrics. Reviews all capital budgets as submitted and provides analyses and recommendations
Develops analysis and forecasts to support financial decision making for cash outlay strategies for capital projects and acquisitions. Works closely with Facilities & Real Estate and prepares and updates regularly long-range financial projections for major capital projects and acquisitions
Develops a standard monthly reporting package, performance management dashboards and models, incorporating key capital spending and funding metrics. Develops cash flow projections and works closely with central offices and business units to monitor and reconcile funding sources
Audits capital projects financials for compliance to ensure all financial aspects of a project are in accordance with established policies and procedures, including proper approvals, funding sources and capitalization of expenses
Oversees and manages the functional design, continuous improvement and implementation of capital modules and processes within the University's financial planning, modeling, and reporting tools. Continuously evaluates processes to drive efficiency. Creates dashboards and graphs with key metrics to monitor cash outlay and spend efficiency for capital acquisitions
Supports the year-end closing process, including but not limited to accruals for summer teaching, expense reimbursements, retirement agreements, and legal settlements. Manages and supervises the fiscal control functions assigned to the office, including approval of journal entries for assigned GL control accounts and management book code transactions
Oversees the budgetary approval of capital acquisitions including the submission, review, and approval process for out-of-cycle capital authorization requests
Develops and implements financial policies and procedures for responsible areas. Assist in the establishment of system-wide policies and procedures which ensure that resources are used in the most effective and efficient manner by all campuses of the University
Represents the Asst. VP, Financial Planning & Analysis in dealings with Schools and administrators in matters relating to the University’s capital budget, as well as various other administrative issues. Develop a competent, productive, and efficient departmental staff by supervising, directly and through delegation, a team of Financial Analysts and other support personnel
Establishes and continuously assesses the effectiveness of the internal controls within the unit and compliance with University policies and procedures. Ensures employees are trained on controls within the function and on University policy and procedures
Qualification
Required
Bachelor's degree in relevant field required
Minimum 5 Years Of Relevant Experience Required
Skilled in aligning departmental goals with enterprise-wide strategy and develops comprehensive strategic plans
Ensures fiscal responsibility, and optimization of financial performance
Ability to allocate resources and drive innovation and growth
Proven ability to adjust to changes and leads/inspires transformational change
Ability to build and lead high-performing teams, manage complex projects, and ensure successful project delivery
Understanding of technology, data analytics, and performance measurement to drive strategic decisions and identify opportunities
Ability to influence others, articulate strategic vision, and ensure clear and persuasive communication
Company
University of Miami
At UM you'll join a diverse and energized academic community.
H1B Sponsorship
University of Miami has a track record of offering H1B sponsorships. Please note that this does not
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Funding
Current Stage
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