University of Minnesota
Executive Director, Finance
University of Minnesota, Minneapolis, Minnesota, United States, 55400
About the Job
The College of Continuing and Professional Studies (CCAPS) at the University of Minnesota has a large and diverse portfolio of program offerings. They encompass undergraduate and master's degree programs, professional development offerings for practitioners through courses, conferences, and contract learning, pre-college programs for high school students (concurrent enrollment and PSEO), and lifelong learning for personal enrichment. The Executive Director, Finance for CCAPS oversees an extensive range of transactions related to developing, marketing, and delivering the programs, and provides financial information to guide investment decisions related to adding, expanding, or reducing programs. The Executive Director, Finance is responsible for maintaining effective accounting practices and procedures, and provides leadership for a culture of strong internal controls that ensures compliance with University procedures and integrity with respect to all stakeholders. The position will lead the College by acting as a good resource steward, providing the financial guidance and tools that feed the entrepreneurial spirit throughout the college, and as a strategist to lead the financial future direction of the college. Total revenues from all sources are approximately $33 million. The Executive Director, Finance works in a collaborative environment within CCAPS, and is a member of the CCAPS Leadership Team; provides leadership that ensures CCAPS's accountability in the budget and finance environment of the University of Minnesota, serves as Resource Responsibility Center manager; and provides strategic guidance to CCAPS that supports the College's mission of programmatic excellence, accessibility to University education, and solid and reliable partnerships with entities within and outside the University. The Executive Director, Finance is expected to lead the development and synthesis of high-quality, complex financial analysis in support of collegiate and University goals and outcomes including program development. We are looking for the role to take a creative deep dive into portfolio analysis capitalizing on the synergies between programs and departments, aligning and nurturing current programs to market opportunities, while simultaneously being a thought leader for future value added opportunities. The Executive Director, Finance reports to the Dean of the College of Continuing and Professional Studies. This is a 100% time P&A position. Normal work hours are Monday through Friday from 8:30 am to 5 pm. This position reports to the Dean, and given the nature of the work, is expected to be on university premises four days/week. Work for a phenomenal team and College that's learner centered! The search committee will begin reviewing and priority consideration will be given to those applications received by the week of January 6th. MAJOR RESPONSIBILITIES:
Oversee Development and Use of Effective Financial Information Systems to advise Decision Making, Strategic Planning, and Financial Forecasting (50%)
Analyze and interpret financial information pertaining to the performance of the college, and make recommendations concerning business policy, strategy, resource allocation, and business operations to improve financial performance. Analyze and project future income and expenditure streams through financial modeling to support the college's strategic and business plans and enterprise development. Work with the college's unit directors to assess and support their objectives in reaching their respective strategic goals by helping them analyze information and effectively plan. Work collaboratively with individual directors to identify key performance indicators for their unit, and provide information support that enables them to monitor their performance indicators on a real-time or regular basis. Contribute to a managerial environment that values optimization of internal operational processes and continuous learning. Work closely with the college's development officer in the stewardship and management of development resources, especially scholarships, and with the human resources director in regard to staffing and compensation strategies. Advise the Dean on management and maximization of the college's assets and resources. Serve as a member of the CCAPS Leadership Team. Lead Budget Development and Financial Management (40%)
Organize and manage the work of (5) financial professionals who in turn work directly with the major revenue-producing units of the college and professional support units. Serve as the hiring authority for the finance unit; manage performance. Foster a professional and positive working environment committed to principles and practices of respect, inclusivity, continuous improvement, excellent customer service, and teamwork. Provide direction and oversee development of the annual collegiate budget. Monitor ongoing performance against the budget throughout the year, providing information tools to unit managers/directors to monitor progress. Identify decision items and assist in final decision making and implementation. Manage year-end closing of fiscal year operating budget. Oversee payroll systems and processes; work in close collaboration with CCAPS-HR. Be responsive to staff and faculty across the College who have questions pertaining to finance related matters and provide instruction/training as necessary. Represent the College in Fiscal Matters (10%)
Serve as primary liaison with central administrative units for budget, financial and capital asset matters, audits, sponsored projects, banking and investments, PCI compliance, and for other issues that may arise. Represent CCAPS in financial negotiations and contractual arrangements with internal and external partners. Serve as point person for University Internal Audits and for responding to inquiries related to the financial activities of the college and assigned units. Qualifications
REQUIRED QUALIFICATIONS
BA/BS degree from an accredited institution At least 10 years of relevant experience and proven management/leadership skills Strong interpersonal skills that include listening, openness to feedback and other perspectives, clear written and oral communication skills Demonstrated expertise in use of technology and information tools related to the needs of the position including excel and google workbooks Demonstrated commitment to inclusive excellence and serving a diverse community of learners Experience in developing and managing complex budgets, and supporting revenue-producing enterprises PREFERRED QUALIFICATIONS
Master's degree, with at least one degree in accounting, finance, or related fields Experience with financial management in a university or public agency setting and 6 years of relevant experience and proven management skills Experience leading financial and multifunctional teams Are you excited about this job and meet the required qualifications, but your past experience does not align perfectly with every preferred qualification? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. If this is you, we strongly encourage you to apply because you just may be the right candidate for this role. About the Department
In CCAPS you'll find a flexible, hybrid work environment and supportive colleagues who are committed to empowering lifelong learners to achieve their educational goals in a learner-centric environment where diverse ideas, backgrounds, and identities are embraced. CCAPS
has a large and diverse portfolio of program offerings, including bachelor's and master's degrees, professional development offerings for practitioners, pre-college programs for high school students, English language programs, and lifelong learning for personal enrichment. Across all the work done in and by CCAPS, we strive daily to live our core values of Access, Learning, Inclusivity, Collaboration, and Excellence. Pay and Benefits
Pay Range:
$130,000-$145,000; depending on education/qualifications/experience Time Appointment:
75%-100% Appointment Position Type:
Faculty and P&A Staff Please visit the
Office of Human Resources
website for more information regarding benefit eligibility. The University offers a comprehensive benefits package that includes: Competitive wages, paid holidays, and generous time off Continuous learning opportunities through professional training and degree-seeking programs supported by the
Regents Tuition Benefit Program Low-cost medical, dental, and pharmacy plans Healthcare and dependent care flexible spending accounts University HSA contributions Disability and employer-paid life insurance Employee wellbeing program Excellent retirement plans with employer contribution Public Service Loan Forgiveness (PSLF)
opportunity Financial counseling services Employee Assistance Program with eight sessions of counseling at no cost Employee Transit Pass
with free or reduced rates in the Twin Cities metro area How To Apply
Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will have the opportunity to complete an online application for the position and attach a cover letter and resume. Please
address all required qualifications in either your cover letter or CV/Resume in order to be fully considered for the position. Submit a letter of application (Cover Letter), resume, and the names, telephone numbers and e-mail addresses of three current professional references. Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section. This position will remain open until filled. To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-UOHR (8647). Diversity
Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment. Employment Requirements
Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment. About the U of M
The University of Minnesota, Twin Cities (UMTC) The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations. At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022).
#J-18808-Ljbffr
The College of Continuing and Professional Studies (CCAPS) at the University of Minnesota has a large and diverse portfolio of program offerings. They encompass undergraduate and master's degree programs, professional development offerings for practitioners through courses, conferences, and contract learning, pre-college programs for high school students (concurrent enrollment and PSEO), and lifelong learning for personal enrichment. The Executive Director, Finance for CCAPS oversees an extensive range of transactions related to developing, marketing, and delivering the programs, and provides financial information to guide investment decisions related to adding, expanding, or reducing programs. The Executive Director, Finance is responsible for maintaining effective accounting practices and procedures, and provides leadership for a culture of strong internal controls that ensures compliance with University procedures and integrity with respect to all stakeholders. The position will lead the College by acting as a good resource steward, providing the financial guidance and tools that feed the entrepreneurial spirit throughout the college, and as a strategist to lead the financial future direction of the college. Total revenues from all sources are approximately $33 million. The Executive Director, Finance works in a collaborative environment within CCAPS, and is a member of the CCAPS Leadership Team; provides leadership that ensures CCAPS's accountability in the budget and finance environment of the University of Minnesota, serves as Resource Responsibility Center manager; and provides strategic guidance to CCAPS that supports the College's mission of programmatic excellence, accessibility to University education, and solid and reliable partnerships with entities within and outside the University. The Executive Director, Finance is expected to lead the development and synthesis of high-quality, complex financial analysis in support of collegiate and University goals and outcomes including program development. We are looking for the role to take a creative deep dive into portfolio analysis capitalizing on the synergies between programs and departments, aligning and nurturing current programs to market opportunities, while simultaneously being a thought leader for future value added opportunities. The Executive Director, Finance reports to the Dean of the College of Continuing and Professional Studies. This is a 100% time P&A position. Normal work hours are Monday through Friday from 8:30 am to 5 pm. This position reports to the Dean, and given the nature of the work, is expected to be on university premises four days/week. Work for a phenomenal team and College that's learner centered! The search committee will begin reviewing and priority consideration will be given to those applications received by the week of January 6th. MAJOR RESPONSIBILITIES:
Oversee Development and Use of Effective Financial Information Systems to advise Decision Making, Strategic Planning, and Financial Forecasting (50%)
Analyze and interpret financial information pertaining to the performance of the college, and make recommendations concerning business policy, strategy, resource allocation, and business operations to improve financial performance. Analyze and project future income and expenditure streams through financial modeling to support the college's strategic and business plans and enterprise development. Work with the college's unit directors to assess and support their objectives in reaching their respective strategic goals by helping them analyze information and effectively plan. Work collaboratively with individual directors to identify key performance indicators for their unit, and provide information support that enables them to monitor their performance indicators on a real-time or regular basis. Contribute to a managerial environment that values optimization of internal operational processes and continuous learning. Work closely with the college's development officer in the stewardship and management of development resources, especially scholarships, and with the human resources director in regard to staffing and compensation strategies. Advise the Dean on management and maximization of the college's assets and resources. Serve as a member of the CCAPS Leadership Team. Lead Budget Development and Financial Management (40%)
Organize and manage the work of (5) financial professionals who in turn work directly with the major revenue-producing units of the college and professional support units. Serve as the hiring authority for the finance unit; manage performance. Foster a professional and positive working environment committed to principles and practices of respect, inclusivity, continuous improvement, excellent customer service, and teamwork. Provide direction and oversee development of the annual collegiate budget. Monitor ongoing performance against the budget throughout the year, providing information tools to unit managers/directors to monitor progress. Identify decision items and assist in final decision making and implementation. Manage year-end closing of fiscal year operating budget. Oversee payroll systems and processes; work in close collaboration with CCAPS-HR. Be responsive to staff and faculty across the College who have questions pertaining to finance related matters and provide instruction/training as necessary. Represent the College in Fiscal Matters (10%)
Serve as primary liaison with central administrative units for budget, financial and capital asset matters, audits, sponsored projects, banking and investments, PCI compliance, and for other issues that may arise. Represent CCAPS in financial negotiations and contractual arrangements with internal and external partners. Serve as point person for University Internal Audits and for responding to inquiries related to the financial activities of the college and assigned units. Qualifications
REQUIRED QUALIFICATIONS
BA/BS degree from an accredited institution At least 10 years of relevant experience and proven management/leadership skills Strong interpersonal skills that include listening, openness to feedback and other perspectives, clear written and oral communication skills Demonstrated expertise in use of technology and information tools related to the needs of the position including excel and google workbooks Demonstrated commitment to inclusive excellence and serving a diverse community of learners Experience in developing and managing complex budgets, and supporting revenue-producing enterprises PREFERRED QUALIFICATIONS
Master's degree, with at least one degree in accounting, finance, or related fields Experience with financial management in a university or public agency setting and 6 years of relevant experience and proven management skills Experience leading financial and multifunctional teams Are you excited about this job and meet the required qualifications, but your past experience does not align perfectly with every preferred qualification? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. If this is you, we strongly encourage you to apply because you just may be the right candidate for this role. About the Department
In CCAPS you'll find a flexible, hybrid work environment and supportive colleagues who are committed to empowering lifelong learners to achieve their educational goals in a learner-centric environment where diverse ideas, backgrounds, and identities are embraced. CCAPS
has a large and diverse portfolio of program offerings, including bachelor's and master's degrees, professional development offerings for practitioners, pre-college programs for high school students, English language programs, and lifelong learning for personal enrichment. Across all the work done in and by CCAPS, we strive daily to live our core values of Access, Learning, Inclusivity, Collaboration, and Excellence. Pay and Benefits
Pay Range:
$130,000-$145,000; depending on education/qualifications/experience Time Appointment:
75%-100% Appointment Position Type:
Faculty and P&A Staff Please visit the
Office of Human Resources
website for more information regarding benefit eligibility. The University offers a comprehensive benefits package that includes: Competitive wages, paid holidays, and generous time off Continuous learning opportunities through professional training and degree-seeking programs supported by the
Regents Tuition Benefit Program Low-cost medical, dental, and pharmacy plans Healthcare and dependent care flexible spending accounts University HSA contributions Disability and employer-paid life insurance Employee wellbeing program Excellent retirement plans with employer contribution Public Service Loan Forgiveness (PSLF)
opportunity Financial counseling services Employee Assistance Program with eight sessions of counseling at no cost Employee Transit Pass
with free or reduced rates in the Twin Cities metro area How To Apply
Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will have the opportunity to complete an online application for the position and attach a cover letter and resume. Please
address all required qualifications in either your cover letter or CV/Resume in order to be fully considered for the position. Submit a letter of application (Cover Letter), resume, and the names, telephone numbers and e-mail addresses of three current professional references. Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section. This position will remain open until filled. To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-UOHR (8647). Diversity
Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment. Employment Requirements
Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment. About the U of M
The University of Minnesota, Twin Cities (UMTC) The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations. At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022).
#J-18808-Ljbffr