IEEE · 1 day ago
Director Business Finance (E6053)
Piscataway, NJ
Full-time
Onsite
Director/Executive
7+ years expIEEE is seeking a Director of Business Finance to provide financial management for various Operating Units. The role involves developing budgets, analyzing financial results, and ensuring fiscal control while partnering with leadership and managing a small team.
Non-profit Organization Management
No H1B
Responsibilities
Manage finances for business units; This includes budget & forecasting, financial reporting, ad-hoc analysis, and all areas of revenue, expense and capital items and other projects
Reconciles and maintains budget and forecast supporting schedules including categorizing and tracking updates by major line of business
Consolidates and analyzes total financial trends by line of business, strategic vs operational spend and key budget categories
Interfaces and partners with OUs, implement, and create budget and forecasts; Provides financial analysis and consultation to management, as needed
Acts as the key point of contact with the Controller’s office for general ledger entries and accruals
Streamline processes and ensures tools used to develop financials are efficient (Excel spreadsheets and Oracle) which involves working closely with IEEE Financial Planning & Analysis, Financial Systems team and IT staff, with the ultimate goal of automating processes to reduce manual work
Represents Business Finance in ad hoc committees for financial reporting improvements by partnering with the Controllers’ office and OU Staff to fulfill requests as mandated by the OU and IEEE Boards
Oversees and monitors the financials to ensure all policies and procedures are being followed and to ensure actual revenue and expenditures are in line with budget and/or forecast; Partners with the Accounting team to understand results streams to ensure accuracy
Manages cost centers including coding structure, understanding key accounts and cost center ownership; Works to streamline use of chart of accounts to increase efficiency; Understands the flow of accounting information to ensure accurate recording of financials, free from inconsistencies and errors
Creates or updates standard operating procedures for department documents; Prepares and conducts training for staff and volunteers
Develop and prepare agendas and presentations for OU and IEEE Board meetings
Support OU Treasurers and major OU Boards with financial support and analysis
Qualification
Required
Bachelor's degree or equivalent experience Finance, Accounting, Economics, Business Administration, related field
7-10 years 7+ years of financial work experience
Successful record of increasing efficiency, accuracy, and financial visibility by creating, streamlining and improving processes, systems, and reports
Ability to provide senior executives and staff members with critical data and reports to enhance strategic planning, forecasting, and analytical functions
Strong analytical skills and problem-solving capabilities
Strong communication and interpersonal skills; Must be able to work well with various levels of staff and volunteers including IEEE senior management and volunteer leadership
Ability to undertake complex financial analyses including budgeting, trend analysis, forecasting, algorithms and financial modeling
Ability to understand the larger picture, within the context of the operating unit and at the IEEE level
Strong technical and financial knowledge, including understanding of accounting and internal control
Understands and practices sound fiscal principles
Working knowledge of Excel, PowerPoint and Oracle
Detailed and results oriented. Must be able to monitor and check work for accuracy; Must be able to develop procedures and ensures that work is done thoroughly and accurately
Understands and utilizes financial data and information to make sound recommendations that promote decision making and cost effectiveness
Company
IEEE
IEEE is the world’s largest technical professional organization and is a public charity dedicated to advancing technological innovation and excellence for the benefit of humanity.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Sophia Muirhead
IEEE Executive Director and Chief Operating Officer
Adarsh Ravi
Founder & Chair - IEEE Microsystems Boston Chapter
Recent News
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