The Director, Strategic Finance Initiatives is a critical member of the Institute for Capacity Building team, directly managing all program development, professional development, and advisory support related to strategic finance. The Director will have principle responsibility for delivering professional development in the area of higher education finance to ICB’s partnering institutions. In addition to developing strategic finance programming for partnering institutions, the Director will also be responsible for developing ICB’s strategic finance strategy, growing ICB’s strategic finance capabilities, and securing additional programmatic resources through grant writing, sponsorships, and other activities. Beyond leading strategic finance programming, the Director will also provide subject matter expertise to other programs and team members, where appropriate, this includes, but is not limited to, identifying and undertaking activities to inform ICB’s ongoing organizational and strategic development activities.
The successful candidate will be part of a team seeking to partner with HBCUs and PBIs to ensure their sustainability by increasing the institution’s effectiveness, competitiveness, and viability.The position requires a highly motivated and collaborative individual who can communicate effectively and possesses strong finance, higher education, program and/or professional development abilities.
The United Negro College Fund (UNCF), the nation’s largest and most effective minority education organization, has been an engine of minority educational achievement for more than 70 years. UNCF’s mission is to build a robust and nationally recognized pipeline of black students who, because of UNCF support, become highly qualified college graduates. In addition, UNCF ensures that its member institutions remain respected models of best practices in moving students to and through college. Since its inception in 1944, UNCF has raised over $4.5 billion in private support, distributed more scholarships to help minorities attend school than any entity outside of the federal government, and enabled more than 425,000 minority and low-income students to graduate from UNCF’s member historically black colleges and universities (HBCUs) and launch professional careers. UNCF is committed to closing the educational attainment gap between African Americans and other populations by increasing postsecondary access and success for students from underrepresented groups, particularly low-income and first-generation students.
Responsibilities and Duties:
The Director, Strategic Finance Initiatives reports to the Director, Institute for Capacity Building. S/he will support the design, development, and execution of ICB’s Strategic Finance Institute (SFI). As the primary leader of SFI, the Director will be responsible for ensuring ICB develops business models for HBCUs that assist institutions with more effective and strategic use of scarce resources. This includes driving the development and execution of an assessment to identify archetypal business models of lower resource institutions, facilitating the creation of necessary training and professional development curriculum, and creating metrics and other key performance indicators to measure and monitor progress. S/he will provide strategic advice to ICB by participating in planning, design, and implementation for other institutional programs as well. S/he will also promote several learning-oriented initiatives, both internal to UNCF and externally to the participating institutions.
Bachelor’s degree is required; Graduate degree with an emphasis on quantitative analysis, MBA, CPA, or relevant consulting experience is preferred
7-10 years of relevant work experience in business, finance, or management/strategy consulting is required.
Candidates should have:
·An outstanding record of academic and professional achievement and leadership
·Excellent quantitative and financial analysis skills including the ability to envision, orchestrate and execute complex analyses (e.g. multi-variate and regression analysis)
·Ability to apply financial analysis to address questions of strategy (e.g. pricing strategy)
·Strong ability to communicate complex financial analysis effectively, both verbally and in writing
·Strong ability to break down complex problems, distinguish essential and secondary issues, and deliver creative insights.
·Ability to work collaboratively in a team environment, across lines of difference
·Command of Excel (including pivot tables, and advanced functions), statistical tools (e.g. R, Stata, SPSS, SAS) and visualization tools (PowerPoint, Tableau, Power BI)
·Strong interpersonal skills
·Ability to move deftly between big picture and details
·Comfort with concurrently managing multiple ongoing projects in different phases
·Thrives with detail and deadlines
·Commitment to education.
·Individual must be a self-starter, who is able to problem-solver and take on a wide range of tasks to deliver results; collegial and professional manner; excellent communication and inter-personal skills.
UNCF plays a critical role in enabling more than 60,000 students each year to attend college and get the education they need and that the nation needs them to have. To live up to the ideal expressed in UNCF’s universally-recognized motto, ”A mind is a terrible thing to waste,”® UNCF helps students go to and through college by:
Awarding 10,000 students each year through 400 scholarship and internship programs so that students from low- and moderate-income families can afford college tuition, books and room and board;
Providing operating funds for its 38 member colleges, all of them small, private institutions that offer a small-college experience at tuitions that average more than 30 percent less than those at comparable colleges and universities;
Serving as a national advocate for the importance of education for all Americans by serving as the voice of students of color through its annual television program, UNCF An Evening of Stars®, a national public service announcement campaign built around “A mind is a terrible thing to waste”® and commentary in national media.
Today, a significant number of our students come from low- to moderate-income families, and 9...4 percent qualify for financial aid.
Our Scholarship Programs
UNCF awards more than 10,000 scholarships through more than 400 scholarship, internship, fellowship and institutional grants that support students at the undergraduate, graduate and doctoral levels. Those programs include the:
Gates Millennium Scholars Program, which supports students from undergraduate through to doctoral studies and whose students have graduation rates of 80-90 percent
UNCF/Merck Science Initiative, which offers students bioscience and biotechnology research fellowships, cultivating their potential with financial support, hands-on training, close mentoring relationships and institutional support
Corporate Scholars Program supports hundreds of students with scholarships and internships at major Fortune 500 corporations