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Faculty Financial Manager

Job Details

Auto req ID

61805BR

Job Code

F0858P Financial Administrator IV

Department Office Location

USA - MA - Cambridge

Business Title

Faculty Financial Manager

Sub-Unit

Administration and Finance

Salary Grade

058

Time Status

Full-time

Union

00 - Non Union, Exempt or Temporary

Additional Qualifications and Skills
  • BS/BA in accounting or finance is preferred but not required.
  • Minimum of 5 years relevant experience, preferably in a University setting preferred.
  • Knowledge of Microsoft Office Suite, advanced Excel skills
  • Knowledge of advanced financial administration principles
  • Experience with financial systems, databases, and querying tools.
  • Must be comfortable working with large amounts of data, detailed oriented, self-motivated and flexible.
  • Ability to work independently and as a member of a team.
  • Excellent organizational and communication skills, abilities to meet deadlines and prioritize own work.
  • Harvard experience is desirable.
Additional Information

All formal written offers will be made by FAS Human Resources.

Department

FAS Office of Finance

Pre-Employment Screening

Education, Identity

Schedule

M-F 9-5

Job Function

Finance

School/Unit

Faculty of Arts and Sciences

EEO Statement

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation, pregnancy and pregnancy-related conditions, or any other characteristic protected by law.

Basic Qualifications
  • Bachelor’s degree or equivalent work experience required
  • Minimum of 7 years’ relevant work experience
Working Conditions
  • Work is performed in an office setting.
  • This position will be based in Cambridge, MA and there is currently an expectation of being on campus on Mondays and Wednesdays.

​​​​​​​COVID Vaccine Policy: The University requires all Harvard community members to be fully vaccinated (primary series) against COVID, as detailed in Harvard’s Vaccine & Booster Information . Individuals may claim exemption from the vaccine requirement for medical or religious reasons. More information regarding the University’s COVID vaccination requirement, exemptions, and verification of vaccination status may be found at the University’s “COVID-19 Vaccine Information” webpage: http://www.harvard.edu/coronavirus/covid-19-vaccine-information/ .

Position Description

Reporting directly to the Assistant Dean for Finance and Controller, this position is part of the Controller's management team. This position works closely with the FAS Office of Finance Budget and Payroll teams, Faculty Affairs, Faculty Development, Department Administrators, and the FAS Development Office and, on occasion, directly with faculty.

Ensures the faculty salary budget is implemented according to plan and resources from restricted funding sources are applied accordingly. Implements changes as the plan evolves during the annual budget and forecast processes and year-end. Ensures faculty named to endowed chairs are funded from available endowment funds and analyzes balances in Professorship funds to ensure funds are fully maximized and charges on funds are appropriate. Researches opportunities to further utilize endowment funds to relieve the unrestricted portion of the faculty salary budget. Prepares fund summaries on professorship funds for Assistant Deans to help facilitate decision-making. Updates the faculty salary costing to reflect changes and journal charges when necessary. Prepares semi-annual reports for the payroll office concerning faculty on leave and coordinates with payroll to ensure they have the correct information for payroll processing. Coordinates with departments if a faculty member on unpaid leave is being paid from non-FAS sources (grants, awards, etc.) to ensure the faculty member is paid appropriately. Responsible for reviewing and approving all supplemental salary requests to ensure they comply with FAS Policy. Works closely with Research Administration on supplemental salary charged to sponsored awards and on academic year salary recorded as cost sharing.

Acts as system administrator for the FAS Supplemental Pay, Effort Commitment Tracking and Request Application (SPECTRA) system and key business owner (system for processing supplemental salary and recording cost sharing). Monitors and tracks Dean’s ninths awarded to faculty. Communicates with the Department Administrator and Faculty member when funding is available for new startup awards. Monitors startup balances, inputs new awards and works with Department Administrators when faculty spending exceeds approved awards. Fields questions relating to allowable spending on start-up funds. Works closely with the budget analysts to ensure the chair/directorship supplement budget is correct and ensures supplements are coded to the correct budget or available restricted funding source. Prepares special analysis as needed for Faculty Affairs and Assistant Deans in the FAS Office of Finance.

Records Faculty agreements for all new Faculty as well as any Faculty who receives a new agreement in the Faculty Instructional Funding Allocation application (FIFA) database. Arrange for the disbursement of senior and tenure-track faculty members' housing subsidy payments according to the terms of their individual agreements. Respond to Faculty with any questions related to their compensation. Coordinate with Harvard Real Estate Services (HRES) in regard to matters concerning HRES apartments for FAS faculty members.

Commitment to Equity, Diversity, Inclusion, and Belonging

Harvard University views equity, diversity, inclusion, and belonging as the pathway to achieving inclusive excellence and fostering a campus culture where everyone can thrive. We strive to create a community that draws upon the widest possible pool of talent to unify excellence and diversity while fully embracing individuals from varied backgrounds, cultures, races, identities, life experiences, perspectives, beliefs, and values.

Benefits

We invite you to visit Harvard’s Total Rewards website to learn more about our outstanding benefits package, which may include:
  • Paid Time Off: 3-4 weeks of accrued vacation time per year (3 weeks for support staff and 4 weeks for administrative/professional staff), 12 accrued sick days per year, 12.5 holidays plus a Winter Recess in December/January, 3 personal days per year (prorated based on date of hire), and up to 12 weeks of paid leave for new parents who are primary care givers.
  • Health and Welfare: Comprehensive medical, dental, and vision benefits, disability and life insurance programs, along with voluntary benefits. Most coverage begins as of your start date.
  • Work/Life and Wellness: Child and elder/adult care resources including on campus childcare centers, Employee Assistance Program, and wellness programs related to stress management, nutrition, meditation, and more.
  • Retirement: University-funded retirement plan with contributions from 5% to 15% of eligible compensation, based on age and earnings with full vesting after 3 years of service.
  • Tuition Assistance Program: Competitive program including $40 per class at the Harvard Extension School and reduced tuition through other participating Harvard graduate schools.
  • Tuition Reimbursement: Program that provides 75% to 90% reimbursement up to $5,250 per calendar year for eligible courses taken at other accredited institutions.
  • Professional Development: Programs and classes at little or no cost, including through the Harvard Center for Workplace Development and LinkedIn Learning.
  • Commuting and Transportation: Various commuter options handled through the Parking Office, including discounted parking, half-priced public transportation passes and pre-tax transit passes, biking benefits, and more.
  • Harvard Facilities Access, Discounts and Perks: Access to Harvard athletic and fitness facilities, libraries, campus events, credit union, and more, as well as discounts to various types of services (legal, financial, etc.) and cultural and leisure activities throughout metro-Boston.
Work Format

Hybrid (partially on-site, partially remote)

Company

 Harvard FAS

The Faculty of Arts and Sciences is the home of Harvard’s undergraduate program (Harvard College, founded in 1636) as well as all of Harvard’s PhD. programs (the Graduate School of Arts and Sciences, founded in 1872). The 40 academic departments and more than 30 centers of the FAS support a community unparalleled in its academic excellence across the broadest range of liberal arts and sciences disciplines. Together, the FAS seeks to foster an environment of ambition, curiosity and shared commitment to knowledge and truth that elicits excellence from all members of our community and prepares the next generation of leaders through a transformative educational experience.

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