Department
About the Department
Job Summary
The job manages multiple related teams of managers and professional staff responsible for the financial management of operating and capital budgets for divisions and/or University-wide administrative units. Executes financial goals and business plans and contributes to the development of functional strategy. Directs financial forecasting and modeling for all major service programs and initiatives. Directs quarterly and year-end reporting for the operating budget.
Responsibilities
- Leads the development and analysis of monthly, quarterly, and annual financial planning cycles including budget, forecast, and long-range strategic plans.
- Prepares and presents timely, accurate, and relevant financial statements, activity reports, forecasts, and other reports as required by regulatory agencies.
- Develops and delivers timely, value-add financial analysis, key performance indicators and dashboards.
- Communicates financial results, operational overview, and strategic recommendations to senior management in a concise, clear, and timely manner.
- Oversees all financial aspects of internal and external audit engagements by closely partnering with auditors, senior management, and other stakeholders at the University.
- Implements, improves, and oversees operational efficiency, strengthen unit-wide internal controls, and enhances the utilization of ERP systems.
- Ensures timely compliance with federal, state, and local governmental and international requirements.
- Oversees unit-wide compliance and adherence to University and Unit policies related to procurement, fund and gift management, program execution and budget stewardship.
- Implements efficient and effective strategic and operational long-range plans by leveraging business-driven inputs and performance metrics.
- Provides financial and operational consulting services to the senior leadership team on key strategic initiatives to help the Units stay focused on achieving their strategic goals.
- Collaborates with the Polsky Center teams to appropriately document financial aspects of patent applications and patent prosecution, license and interinstitutional agreements, and science venture equity and investments.
- Works closely with Polsky Center team and partners, including the Office of Civic Engagement, to appropriately document financial aspects of community engagement programs and services as well as facilities charges and space use.
- Develops strong partnerships with a broad range of key internal stakeholders, including the Budget Office, Financial Services, and Office of Legal Counsel, and external stakeholders, including partners and collaborators in higher education, industry, and government.
- Leads and develops a high performing team in a hybrid work environment.
- Manages financial staff through subordinates, usually other managers and professional staff. Establishes performance goals, allocates resources and assesses policies for the related departments managed.
- Executes functional business plans and contributes to the development of financial goals, strategies, plans, and policies for the unit.
- Performs other related work as needed.
Minimum Qualifications
Education:
Minimum requirements include a college or university degree in related field.---
Work Experience:
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Certifications:
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Preferred Qualifications
Education:
- BSc/BA in accounting, finance or relevant field.
- MSc/MA/MBA.
Experience:
- Fifteen or more years of progressive experience leading the end-to-end development of budgets, strategic business plans, revenue/expense forecasts, and monthly results analysis in industry (Fortune 500, private equity, government), Big 4 or large consulting firm.
- Experience in higher education is a plus if coupled with a strong background in industry experience and/or business consulting.
- Proven record of increased responsibility in internal and external audit, financial planning and analysis, controllership, international accounting, global treasury, change and project management, and operations transformation and optimization roles.
- Minimum of 10 years demonstrated supervisory, team building, and team development experience.
- Prior experience with legal entity compliance, IFRS GAAP, technology transfer, patent and IP management.
- Proven track record of superior financial and strategic analysis and operational savviness.
Certifications:
- CPA or other relevant certification.
Technical Skills or Knowledge:
- Microsoft Excel power user with experience using multiple financial/accounting systems.
- In-depth knowledge of finance and accounting principles, laws, and best practices.
Preferred Competencies
- Influential leader with robust critical thinking, strategic mindset, and ability to transform abstract concepts into actionable solutions.
- Outstanding manager who can effectively develop and motivate a team to consistently deliver superior results.
- Excellent communicator with exceptional writing and presentation skills.
- Prioritize tasks, work on multiple assignments.
- Thrive in a fast-paced, ambiguous environment and exhibit the highest personal and professional standards of integrity.
- Consistently display initiative, motivation, discipline, and ability to work effectively and autonomously.
- Cultivate finance environment that challenges tradition and inspires innovation.
- Relentlessly pursue financial excellence and optimization.
- Plan, prioritize and oversee multiple projects, and meet deadlines for deliverables.
- Proactive and follow through with attention to detail.
Application Documents
- Resume/CV (required)
- Cover Letter (required)
When applying, the document(s) MUST be uploaded via the My Experience page, in the section titled Application Documents of the application.
Job Family
Role Impact
FLSA Status
Pay Frequency
Scheduled Weekly Hours
Benefits Eligible
Requires Compliance with University Covid-19 Vaccination Requirement
Drug Test Required
Health Screen Required
Motor Vehicle Record Inquiry Required
Posting Statement
Employees must comply with the University’s COVID-19 vaccination requirements. More information about the requirements can be found on the University of Chicago Vaccination GoForward .
The University of Chicago is an Affirmative Action/ Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.
Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.
We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages a diversity of perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange.
All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.
The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at: http://securityreport.uchicago.edu . Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.
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