Northern Arizona University · 21 hours ago
Financial Oversight Manager
Flagstaff, AZ
Full-time
Hybrid
Mid, Senior LevelNorthern Arizona University is seeking a Financial Oversight Manager to oversee financial operations and ensure alignment with strategic fiscal objectives. The role involves managing departmental budgets, supervising financial processes, and implementing sound financial practices that support compliance, efficiency, and long-term planning across multiple programs.
Higher Education
Responsibilities
Oversee the development, implementation, and monitoring of departmental and cross-departmental budgets
Manage resource allocations and reallocations to align with institutional priorities
Ensure compliance with internal policies and external funding guidelines
Collaborate with program directors, Executive Director, and Assistant Director of Induction and develop budget strategies that support both short-term objectives and long-term planning
Provide technical guidance and training to department staff on budget procedures, forecasting techniques, and best financial practices
Monitor spending trends and provide early identification of potential overruns or under spending; initiate corrective actions when necessary
Develop and maintain tools to improve transparency, track resource utilization, and support data-informed decision-making across departments
Analyze financial performance and compare actual results against forecasts and budgets
Create financial models and scenario analysis to support institutional planning and cost-saving initiatives
Collaborate with university leadership to support strategic financial decision-making
Support long-term strategic initiatives by collaborating with leadership to develop and refine long-term institutional strategies, leveraging financial analysis to support the planning of large-scale initiatives program expansions, and sustainability goals
Create and utilize scenario analysis tools to project the financial impact of various strategic decisions and external factors (e.g., economic conditions, policy changes)
Develop recommendations based on insights gained from these analyses
Provide financial insight and strategic recommendations to key decision-makers, ensuring that financial considerations are integrated into broader organizational objectives
Advise on the financial implications of new programs, projects, or changes in policy
Lead daily fiscal operations, including timely financial reporting and account reconciliations
Develop and implement internal financial policies and procedures to enhance efficiency and compliance
Identify and resolve operational issues related to budget continuity and financial data integrity
Actively identify potential operational challenges, particularly those impacting financial data integrity, budget continuity, and reporting accuracy. Implement corrective actions or improvements to resolve issues promptly and ensure the ongoing smooth operation of fiscal activities
Advocate for system improvements and provide training to ensure staff use financial tools efficiently
Identify financial risks and implement proactive measures to mitigate them. Work with leadership to develop and implement risk management strategies related to budget management, financial reporting, and overall fiscal health
Serve as a financial subject matter expert, providing guidance and leadership on operational issues, policy adherence, and best practices to staff and department heads
Encourage continuous improvement and the adoption of innovative solutions to enhance financial operations
Prepare and present complex financial reports (monthly, quarterly, and annually) to senior leadership, Arizona K12 Center Board of Directors, and other stakeholders
Provide actionable insights and guidance to inform university-wide financial planning
Ensure clear and effective communication of financial outcomes and strategies
Qualification
Required
Strong analytical capabilities
Operational expertise
Ability to lead and support a team in a fast-paced, data-driven environment
Oversee the development, implementation, and monitoring of departmental and cross-departmental budgets
Manage resource allocations and reallocations to align with institutional priorities
Ensure compliance with internal policies and external funding guidelines
Collaborate with program directors, Executive Director, and Assistant Director of Induction to develop budget strategies
Provide technical guidance and training to department staff on budget procedures, forecasting techniques, and best financial practices
Monitor spending trends and provide early identification of potential overruns or under spending
Initiate corrective actions when necessary
Develop and maintain tools to improve transparency, track resource utilization, and support data-informed decision-making across departments
Analyze financial performance and compare actual results against forecasts and budgets
Create financial models and scenario analysis to support institutional planning and cost-saving initiatives
Collaborate with university leadership to support strategic financial decision-making
Support long-term strategic initiatives by collaborating with leadership to develop and refine long-term institutional strategies
Leverage financial analysis to support the planning of large-scale initiatives, program expansions, and sustainability goals
Create and utilize scenario analysis tools to project the financial impact of various strategic decisions and external factors
Develop recommendations based on insights gained from financial analyses
Provide financial insight and strategic recommendations to key decision-makers
Advise on the financial implications of new programs, projects, or changes in policy
Lead daily fiscal operations, including timely financial reporting and account reconciliations
Develop and implement internal financial policies and procedures to enhance efficiency and compliance
Identify and resolve operational issues related to budget continuity and financial data integrity
Actively identify potential operational challenges impacting financial data integrity, budget continuity, and reporting accuracy
Implement corrective actions or improvements to resolve issues promptly
Advocate for system improvements and provide training to ensure staff use financial tools efficiently
Identify financial risks and implement proactive measures to mitigate them
Work with leadership to develop and implement risk management strategies related to budget management, financial reporting, and overall fiscal health
Serve as a financial subject matter expert, providing guidance and leadership on operational issues, policy adherence, and best practices
Encourage continuous improvement and the adoption of innovative solutions to enhance financial operations
Prepare and present complex financial reports to senior leadership, Arizona K12 Center Board of Directors, and other stakeholders
Provide actionable insights and guidance to inform university-wide financial planning
Ensure clear and effective communication of financial outcomes and strategies
Company
Northern Arizona University
At NAU we've focused our mission to drive access and attainment for students in Arizona and beyond, to become a national leader and model in delivering equitable postsecondary value to students and the communities they represent.
Founded in 1899
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jennifer Stevenson, CPA
Chief Financial Officer, Advancement | Foundation
Christy Farley
Vice President of External Affairs & Partnerships
Recent News
2023-07-07
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