Director of Finance and Revenue Strategy, Academic Affairs

Director of Finance and Revenue Strategy, Academic Affairs

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Job Title:
Director of Finance and Revenue Strategy, Academic Affairs

Job Family:
Professionals

Full-Time/Part-Time:
Full time

Compensation Grade:
9S

Pay Type:
Salary

Department:
Provost Office

Job Summary:
Supports the provost and revenue-generating units of Academic Affairs, including but not limited to Graduate Programs, Institutes, and Leadership and Professional Development. This position is responsible for all accounting functions including audits, reconciliations, and, budgets, and financial reports and maintains all financial, contracts, compliance, administrative and technical services policies and procedures for the Academic Affairs Revenue Generating Ecosystem (AARGE). This position will perform market research, financial trend analysis and forecasting for AARGE initiatives to ensure they are aligned with the revenue goals of the university. Serves as the Academic Affairs liaison for finance and budgeting, human resources and capital projects/use of space.

Job Description:

Responsibilities

Finance and Accounting

• In collaboration with Financial services, oversees, monitors, reports on, and implements all reconciliation initiatives in accordance with the University's standards and best practices; Ensures financial transactions' ethics and compliance
• Responsible for adherence to University, State, and Federal guidelines, policies and laws and all Generally Accepted Accounting Principles (GAAP)
• Oversees, monitors, and reports on all financial and budget transactions for AARGE; Creates trial balances for financial transactions
• Oversees internal controls and financial risk management practices for AARGE
• Provides short and long-term budget forecasts and revenue projections for AARGE
• In collaboration with the Coordinator of Fiscal Operations in Academic Affairs, provides the status of the financial condition of all Academic Affairs funds (operating, restricted, and endowed) by coordinating, analyzing, and reporting key financial data. This includes financial performance, budget projections, and other special projects as required; Produces quarterly, and ad hoc annual financial reports
• Communicates and implements all fiscal year-end closing procedures
• Oversees any financial and internal control audits

AARGE Support

• Works with Institute, Leadership and Professional Development, and Graduate programs leadership to maximize net revenue
• Acts as student accounting office for AARGE
• Performs due diligence, market analysis and financial projections for existing and proposed programs.
• Handles instructor/adjunct faculty payroll, contracts, and contractual compliance
• Oversees implementation of compliance initiatives
• Files financial reports for SACS accreditation for AARGE
• Provides resources and expertise for go/no-go decision making for revenue generating activities of the AARGE.
• Oversees Graduate Studies and Leadership and Professional Development responsibilities in Budgets, Accounts Receivable, Accounts Payable, Student Services, Procurement and Strategic Sourcing, Student's Accounts, Financial Aid, Admissions, Information Services, Registrar.

Grants Office Support

• Review proposal submissions to ensure financial and human resource portions are feasible
• Translate, develop and enforce Furman financial and compensation policies related to grant requests
• Understand how financial information for grants is presented in Workday.
• Answer grant-related questions about compensation and salaries of individuals in academic affairs
• Work with Finance to issue stipends for grantees.

University Support

• Trains staff and faculty of AARGE to maintain continuous improvement with standards of conduct and requirements of Human Resources and Fiscal offices
• Develop an expertise in Workday as the functional lead in academic affairs for all things related to HCM and Finance
• Attends University meetings in Human Resources, Accounting, Planning and Budget, Information Services, Procurement & Strategic Sourcing, Compliance, contracts, Risk Management, and accreditation
• Work in conjunction with Facilities Management on space allocation and capital projects.

Reports To

• Vice President of Academic Affairs and Provost

Qualifications

• Bachelor's degree in Accounting, Finance or Economics, with 5+ years of experience; Preferred MBA
• Experience with budgeting, financial projections and revenue generation
• Experience with financial systems and advance knowledge of excel
• Experience in higher education finance preferred
• Venture or investment firm experience preferred
• Ability to effectively communicate complex financial information to individuals with varying levels of financial expertise
• Strong problem-solving and critical-thinking skills
• Strong desire for innovation and continuous improvement

• Bachelor's degree in Accounting with 5+ years of experience; Preferred MBA
• Experience in higher education finance and/or accounting strongly preferred
• Experience with budgeting, financial projections and revenue generation
• Experience with financial systems and advance knowledge of excel
• Ability to effectively communicate complex financial information to individuals with varying levels of financial expertise
• Strong problem-solving and critical-thinking skills
• Strong desire for innovation and continuous improvement

Education Requirements:

Certification Requirements:

Job Posting End Date (if date is blank, posting is open ended):


To apply, visit https://furman.wd5.myworkdayjobs.com/en-US/Furman_Careers/job/Main-Campus/Director-of-Finance-and-Revenue-Strategy--Academic-Affairs_R002007

Furman is an Equal Opportunity Employer committed to increasing the diversity of its faculty and staff. The University aspires to create a community of people representing a multiplicity of identities including gender, race, religion, spiritual belief, sexual orientation, geographic origin, socioeconomic background, ideology, world view, and varied abilities. Domestic partners of employees are eligible for comprehensive benefits. jeid-2b425d0c102f424a98d94ec07699e762