Director of Finance - Academic Enterprise

Responsibilities

• Monitors monthly financial performance as compared to plan and prepares analysis explaining variances and proposing corrective action.
• Reviews financial information and identifies trends informing forecasts and management decisions.
• Collaborates with B&F Decision Support to develop financial forecasts and six-year financial forecasts.
• Affixes to the development and maintenance of metrics and comparisons to benchmarks.
• Assists in the development of technology and best practices for continuous process improvement.
• Ensures adherence to timelines for key deliverables supporting the preparation of the State and Institutional operating budgets.
• Determines mission-level financial targets and allocates them to departments on behalf of the Provost Office.
• Supports the Faculty New Hire process by coordinating with AE Leadership and Workforce Operations.
• Prepares annual Service Center profitability analysis per IHOP 4.5.
• Supports the capital budget process in conjunction with the VP, Academic Finance, AE Capital Planning and Space Management, and Institutional Support teams.
• Coordinates completion and review of financial plans and operating budget of University Service Centers and University Cores.
• Supports AE, B&F, and UTMB leadership workgroups and other committees.
• Supports the completion of the annual financial audit, annual financial report, and biennial legislative request.
• Partners with Faculty Group Practice Leadership to coordinate departmental goals and objectives.
• Partners with Grants and Contracts Accounting to validate monthly financials and identify upcoming trends impacting AE Financial Performance.

Requirements

• Bachelor's Degree in Business or related field of study with ten (10) years of experience related to budgeting and forecasting tools in a large clinical or academic medical center organization, including three (3) years of relevant supervisory experience.
• Masters degree and/or CPA and experience in Academic Medicine preferred.