SENIOR FINANCE MANAGER (CFO)
The Law School at the University of Minnesota is seeking a Senior Finance Manager (CFO) to join its leadership team. The CFO is the senior fiscal steward of resources for the Law School. The CFO will work closely with the Dean, Chief of Staff, Associate and Assistant Deans and collegiate directors to develop financial strategies for realizing the college’s academic priorities. The CFO leads the development, implementation, and assessment of the college’s short and long-term financial strategies; enhances administrative systems and structures in support of the Law School’s mission and goals in coordination with University policies; leads, oversees, and coordinates collegiate fiscal administration, budget planning, payroll, institutional research, curricular financial planning and management; and serves as a resource to the dean, associate and assistant deans, and collegiate directors. This position is the Resource Responsibility Center (RRC) Manager and Chief Financial Manager (CFM) for the college and represents the college to central administration and other University units on budgetary and fiscal matters. The CFO reports to the Dean of the Law School.
The CFO will manage the financial, fiscal and payroll functions within the college. The CFO will work with the Dean on strategic financial issues impacting the college, and maintains regular communications with unit leadership and administrators within the college. Successful candidates will have a solid working background including financial forecasting and analysis, complex financial/budget modeling, data management, and supervisory experience. Verbal and written communication skills, as well as the ability to work with multiple stakeholders (university leaders, faculty, managers, staff, central staff, alumni and other groups) in a productive collegial manner, are key. The CFO also provides strong leadership toward continuous improvement, quality service environment.
Responsibilities include oversight and management of all collegiate financial and payroll activities including fiscal modeling and budgeting, strategic planning as relates to revenue and expenditure projections for the college, fiscal monitoring, and oversight, management of fiscal year-end close, information and data management, financial reporting and payroll. This individual also provides consultation/education to units and ensures internal controls are observed for all functions performed.
The CFO is also responsible for analyzing financial data, developing and implementing business processes and policies, and completing special projects as needed.
Key Leadership Competencies:
Bachelor's Degree in finance, accounting or a related field or CFA, and ten years of progressive professional fiscal experience, or BA in an unrelated field and eight years progressive fiscal experience, including a minimum of two years supervisory experience;
Strong financial background and some experience in higher education, nonprofit, or public finance sectors.
Expertise in modeling complex financial issues including financial forecasting and analysis.
Demonstrated ability to successfully lead a team and foster a professional and positive working environment committed to principles and practices of respect, inclusivity, continuous improvement, excellent customer service, and teamwork
Ability to identify key variables within a complex and multi-variable problem and respond appropriately
The positive energy that inspires optimism and action to overcome challenges, along with the backbone necessary to share bad news straightforwardly
Strong written and oral communication skills
Demonstrated ability to manage multiple tasks and work both independently and as part of a team
Excellent computer skills to include experience working within electronic financial systems and demonstrated data management skills
Demonstrated ability to work collaboratively and effectively with multiple stakeholders (administrators, faculty, and staff).
Demonstrated ability to use sound judgment and initiative
Excellent organizational skills
MBA or another advanced degree
Demonstrated ability to formulate and implement financial strategies to meet academic priorities
Experience navigating the political and financial landscape in higher education
Experience working with tuition, endowments, internal/external sales, and sponsored funds.
University of MN Enterprise Financial System (PeopleSoft) experience
Ability to run queries and/or reports
Experience in Higher Education