Virginia Commonwealth University · 10 hours ago
Director of Financial Services
Virginia Commonwealth University is seeking a Director of Financial Services for its Facilities Management Department. The role involves overseeing departmental operating budgets and managing the capital budget while ensuring compliance with accounting standards and facilitating financial planning and reporting.
Higher EducationLife ScienceUniversities
Responsibilities
Supervise a well-trained competent staff which ensures conformance to generally accepted accounting standards and other State and University accounting practices
Coordinate the development of significant reports and plans:
+ Six-Year Capital Plan: Create the State-funded first biennium projects in the DPB Performance Budgeting model. Update as needed
+ Maintenance Reserve Reporting
+ Financial Feasibility Study preparation support and various ad hoc reports by eliciting cooperation and teamwork from individuals internal and external to the University
+ Coordinates the Division's request for operating funds to support new and renovated facilities, central utilities, and divisional initiatives
+ Through staff, the incumbent monitors and maintains the division budget, provides reports summarizing revenues and expenditures and makes adjustments as necessary
+ Coordinate with auxiliary funded business units to ensure the seamless billing of FMD services
+ Develop shop rates for the various FMD self funding units
+ Coordinate with the City of Richmond as it relates to utility billings
Qualification
Required
Bachelor's degree from an accredited institution in Accounting, Finances, Business Administration, or a closely related field
Minimum of seven (7) years of progressively responsible experience in financial management, accounting, or budgeting
Minimum of three (3) years of experience in a direct supervisory or managerial role, leading and developing a financial or accounting team
Demonstrated expertise in capital budgeting, financial planning, and operational budget management
Proven knowledge and experience ensuring conformance to Generally Accepted Accounting Principles (GAAP) and institutional/state accounting practices
Proficiency with the Banner enterprise-level financial management systems (ERP) and advanced proficiency in data analysis and financial modeling using spreadsheet software (e.g. Excel)
Demonstrated ability to work in and foster an environment of respect, professionalism and civility with a population of faculty, staff, and students from all backgrounds and experiences, or a commitment to do so as a staff member at VCU
Benefits
Comprehensive health benefits
Paid annual and holiday leave granted up front
Generous tuition benefits
Retirement planning and savings options
Tax-deferred annuity and cash match programs
Employee discounts
Well-being resources
Abundant opportunities for career development and advancement
And more.
Company
Virginia Commonwealth University
Virginia Commonwealth University.
H1B Sponsorship
Virginia Commonwealth University has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (85)
2024 (85)
2023 (71)
2022 (94)
2021 (77)
2020 (60)
Funding
Current Stage
Late StageTotal Funding
$7.48MKey Investors
Virginia Innovation Partnership CorporationUnited States-Japan Foundation
2025-01-15Grant· $0.1M
2024-03-12Grant· $0.08M
2024-02-01Grant· $0.07M
Recent News
The Virginian-Pilot
2025-12-05
2025-11-01
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