Director, Finance - Central Finance Office (Coral Gables)

University of Miami • Coral Gables, FL

139d

About The Position

The Director, Finance - Central Finance Office oversees the analysis and reporting of monthly financial statements for the Coral Gables & RSMAS campus, including preparing estimates and accruals, performing integrity checks, analyzing operating results fluctuations, explaining variances, and developing executive presentations to support decision making. Additionally, the incumbent manages the University's capital planning and reporting process for the Academy, including the development, reporting and monitoring of the 5-Year Capital Plan, financial oversight of capital spending, and funding sources. The Director, Finance - Central Finance oversees the development, implementation, and control of effective, integrated policies, practices, and systems for capital planning, budgeting, and forecasting, in accordance with generally accepted accounting principles. The incumbent also supervises the work of a team of financial analysts to ensure that all functions operate smoothly and accurately.

Requirements

• Bachelor's degree in relevant field required
• Minimum 5 years of relevant experience required

Nice To Haves

• Skilled in aligning departmental goals with enterprise-wide strategy and develops comprehensive strategic plans.
• Ensures fiscal responsibility, and optimization of financial performance.
• Ability to allocate resources and drive innovation and growth.
• Proven ability to adjust to changes and leads/inspires transformational change.
• Ability to build and lead high-performing teams, manage complex projects, and ensure successful project delivery.
• Understanding of technology, data analytics, and performance measurement to drive strategic decisions and identify opportunities.
• Ability to influence others, articulate strategic vision, and ensure clear and persuasive communication.

Responsibilities

• Analyzes fluctuations in monthly operating results for the Coral Gables & RSMAS campuses, identify variances to multiple scenarios and provide meaningful narrative and graphical analysis, including executive presentations.
• Prepares monthly estimates and accruals in accordance with GAAP and performs integrity checks on the Academy's financial statements.
• Partners with the Controller's Office and university-wide finance teams to drive consistency and best practices.
• Assists the Asst. VP, Financial Planning & Analysis with preparing, examining, and analyzing accounting records, financial statements and other financial reports to assess accuracy, completeness and conformance to reporting and procedural standards, as needed.
• Manages the University's annual capital budget process, including developing budget policies and parameters, updating the University's capital allocation model, preparing, and disseminating capital budget guidelines and managing adherence to these guidelines throughout the budget process.
• Leads the development of the University's 5-Year Capital Plan, including executive presentations and related financial metrics.
• Develops analysis and forecasts to support financial decision making for cash outlay strategies for capital projects and acquisitions.
• Develops a standard monthly reporting package, performance management dashboards and models, incorporating key capital spending and funding metrics.
• Audits capital projects financials for compliance to ensure all financial aspects of a project are in accordance with established policies and procedures.
• Oversees and manages the functional design, continuous improvement and implementation of capital modules and processes within the University's financial planning, modeling, and reporting tools.
• Supports the year-end closing process, including but not limited to accruals for summer teaching, expense reimbursements, retirement agreements, and legal settlements.
• Oversees the budgetary approval of capital acquisitions including the submission, review, and approval process for out-of-cycle capital authorization requests.
• Develops and implements financial policies and procedures for responsible areas.
• Represents the Asst. VP, Financial Planning & Analysis in dealings with Schools and administrators in matters relating to the University's capital budget.
• Establishes and continuously assesses the effectiveness of the internal controls within the unit and compliance with University policies and procedures.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Educational Services
• Education Level: Bachelor's degree