Senior Finance Specialist, School of Business (R0005156)
Wake Forest University
Location: Winston Salem, North Carolina
Type: Full Time
Required Education: 4 Year Degree
Finance, Economics, Banking
4 Year Degree
Internal Number: R0005156
Summary: The Senior Finance Specialist works with minimal supervision and assists the Executive Director, Finance and Administration in providing financial and administrative direction to departments, programs, and activities. This position is also responsible for the coordination and management of finance operation processes for the School of Business which includes budget and financial planning, cash management, invoicing, financial analysis, procurement and purchasing, gift administration, grant administration, risk management, and project management.
Principle coordinator of annual budget and financial planning activities such as annual and five-year operating budget development, forecasting, and calendar and fiscal year-end closing
Manages the preparation of ongoing budget to actual related financial reports on operating, gift, and grant funds; monitors actuals versus budget; advises senior administration regarding variances and salary/operating issues impacting the budget
Performs data and trend analysis via data downloads from Workday Finance into spreadsheet and/or business intelligence tools, with responsibility for developing applicable templates, financial models, dashboards, and reports
Provides ad hoc financial analyses to senior administration as requested; performs information research and analysis as needed for special projects, new programs, and ventures in the University
Ensures accurate processing of cash, checks and invoices related to School specific activities
Manages use of operating, gift, and grant funds, in partnership with relevant School and University stakeholders, to ensure risks are adequately managed and compliance with established policies, procedures, and restrictions
Executes processes, events, and other finance operation experiences that align with the School’s strategic vision, in collaboration with faculty and staff
Collaborates and engages with colleagues, particularly the Finance and Administration team, but also in other degree programs and those serving in other functional areas within the School and University to realize excellence
May supervise or direct work of junior staff
Other duties as assigned
Required Education, Knowledge, Skills, Abilities:
Bachelor’s degree with at least five years related accounting or business experience, or an equivalent combination of experience and education
Ability to prepare financial statements and financial analysis reports as needed
Strong quantitative and analytical skills
Demonstrated understanding of sound accounting and financial management principles for a complex organization
Knowledge of laws, regulations, policies, and procedures as they relate to business, finance, management, and information systems
Knowledge of cost analysis techniques
Ability to develop financial plans and manage resources
Ability to demonstrate effective communication skills both verbally and in writing
Ability to analyze and interpret policy and procedural questions
Ability to handle sensitive information in a confidential manner
Excellent interpersonal skills and the ability to work effectively with a wide range of constituencies in a diverse community
Ability to solve problems and adapt to changes quickly and positively
Ability to independently perform information research and analysis for new programs and ventures
Microsoft Office proficiency, specifically in Excel (i.e. template and financial model development, pivot tables, and macros)
Wake Forest University is a private, coeducational institution dedicated to academic excellence in liberal arts, graduate, and professional education. Founded in 1834, the University is ranked among the top thirty national universities according to U.S. News & World Report. With over 5,400 undergraduates and 3,400 graduate and professional students, the student-faculty ratio is 11:1. Wake Forest is a collegiate university offering a vibrant, intellectual community with a rich cultural life, an impressive array of facilities, and a strong athletics program competing in the Atlantic Coast Conference (ACC). Since its founding, the University has adopted the motto Pro Humanitate, which is exemplified by a deep institutional commitment to public service and engagement with the world. For more information, visit: https://about.wfu.edu/.
Wake Forest University is located in Winston-Salem, a beautiful, mid-sized city centrally located in the Piedmont-Triad region of North Carolina. A family-friendly city with high quality schools, a wide selection of restaurants and shops, outdoor recreational activities, and numerous special events, it is known for its vibrant and thriving arts and inn...ovation scenes. Residents enjoy proximity to the beautiful Blue Ridge Mountains (1.5 hours) and Atlantic beaches (4 hours), a moderate climate with four distinct seasons, and a very reasonable cost of living. Winston-Salem offers many of the amenities of a large city but with the sense of community and quality of life of a small town. For more information, visit: www.visitwinstonsalem.com.
The School of Business
The AACSB-accredited, nationally ranked Wake Forest University School of Business offers undergraduate academic programs in Accountancy, Finance, Business and Enterprise Management, and Mathematical Business as well as graduate programs encompassing the Master of Science in Accountancy (MSA), Master of Science in Business Analytics (MSBA), Master of Science in Management (MSM), and Master of Business Administration (MBA). Courses are offered at the beautiful home campus in Winston-Salem, the Wake Forest University Charlotte Center, and/or online depending upon the chosen program.
Wake Forest University continues to rank as a top school for undergraduate business education (ranked #21 by Poets & Quants for Best Undergraduate Business Programs in 2022). Wake Forest MSA students have earned the #1 CPA Pass Rate more than any other school in the past 20 years, and the MSA Program has been listed as a “Top 20 Program” by the Public Accounting Report. For 2023, U.S. News & World Report ranked the part-time MBA Program #1 in North Carolina and #19 in the nation while The Economist ranked the MSM Program as #2 in Career Opportunities and #5 overall for 2021. For more information about the School of Business, visit: https://business.wfu.edu/.