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New York, New York
Posted: 28-Jun-23
Location: Weston, Massachusetts
Employment Type:
Organization Type:
Summary
The Senior Director of Business and Financial Reporting provides leadership for the University’s financial operations, internal and external reporting, oversees the Business Office staff, and continuous improvement efforts. This position reports directly to the Vice President of Finance and Business and Chief Financial Officer (CFO).
Financial Operations:
- Collaborate with institutional stakeholders to prepare the annual operating, capital and cash budgets.
- Coordinate data and documentation for the multiyear financial plan as part of the University’s strategic planning process with the CFO, Budget Managers, and other key personnel.
- Monitor the University’s short-term cash requirements, make recommendations to the CFO and execute the movement of funds as required.
- Initiate Title IV GAPS financial aid fund transfers, as well as other government agency grant fund draw downs.
- Responsible for reviewing financial information on grant proposals and reports.
- Ensure regulatory compliance and best practices are adhered for Uniform Guidance and other sponsored programs.
- Manages and coordinates various key financial projects including, but not limited to, capital expenditures, purchasing initiatives, payroll/contracts projects and collaborative partnerships.
- Prepare and submit Business Office department budget in consultation with the Controller; expends funds as authorized and monitors and controls expenditures; prepares the university-wide benefits budget in consultation with the Associate Vice President of Human Resources.
Reporting:
- Ensure accuracy and timely preparation for all compliance, financial statement audit, tax, and other internal and external reporting.
- Responsible for ensuring the completeness, accuracy, and integrity of the financial records of the University.
Other Responsibilities:
- Maintain current knowledge of federal and state laws and regulations as they impact all areas of responsibility as well as the tasks performed by the Controller.
- Recommend and implement changes in departmental policy and procedures. Initiate process redesign throughout the department and make recommendations for other areas, as appropriate.
- Perform other job related duties as required.
Supervisory Responsibility:
- Leadership and supervision of all Business Office staff and functions. In consultation with the CFO, determine standards of performance and assessment of the Business Office staff to ensure attainment of operational and financial objectives. Interviewing, hiring, training and development of employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees, recommending promotion, transfer, or dismissal; addressing complaints and resolving problems as appropriate in accordance with Human Resources’ policies. Carrying out supervisory responsibilities in accordance with the University’s policies and applicable laws.
Requirements:
- A Master’s degree in Finance is required, MBA preferred, with professional experience in accounting, finance, and administration in higher education.
- Certified Public Accountant status preferred but not required.
- Leadership, planning, management, organizational, and supervisory skills required.
- Thorough knowledge of the applicable laws and administrative policies governing university finance practices and procedures and the principles and practices of not-for-profit accounting.
- Knowledge of IRS and US Department of Education issues related to higher education.
- Proven ability to promote teamwork and collaboration within the department as well as with colleagues across the University.
- Ability to recognize University priorities and work cooperatively to support their accomplishment
- Ability to conceptualize and operationalize goals and objectives for the department.
- Keen attention to detail with an exemplary work ethic.
- Strong presentation skills required with ability to market programs and ideas; to communicate effectively both verbally and in writing; to establish positive public relations, and to interact effectively with a wide variety of people.
- Advanced technology Skills (Excel, Microsoft Word, PowerPoint, Zoom, Teams), required; experience using Ellucian Colleague system, preferred).
- Ability to uphold the University’s commitment to inclusive excellence in a diverse educational community.
Working Conditions/Physical Demands:
- This position is eligible for a hybrid work schedule of on-campus and remote work.
- May spend extended periods at terminal, on telephone, or operating other office machines, requiring eye-hand coordination and finger dexterity.
- May require evening and weekend availability.
- Normal office environment, not subject to extremes in temperature, noise, odors, etc.
The above statements are intended to describe the general nature and level of work being performed by people assigned to do this job. The above is not intended to be an exhaustive list of all responsibilities and duties required.
Protecting the Regis Community
All faculty, staff, and students who live, learn, and work on Regis College’s Weston MA campus are strongly encouraged to be vaccinated for COVID-19. COVID-19 immunization is required for faculty, staff, and students who learn and work in the Regis College Dental Center and Autism Center, consistent with federal mandates. For further information, please review Regis College’s health and safety protocols.
External and internal applicants, as well as position incumbents who become disabled as defined under the Americans With Disabilities Act, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case-by-case basis.
In employment, as in education, Regis College is committed to equal opportunity and affirmative action. Regis does not discriminate on the basis of race, color, age, religion, creed, sex, gender identity or expression, sexual orientation, ethnic or national origin, ancestry, citizenship, marital or parental status, physical or mental disability, genetic information, pregnancy, veteran’s status, membership in uniformed services or any other protected status.
