Division Business and Finance Officer

Responsibilities

• Serve as the primary financial advisor to the Vice Chancellor for Research and division leadership team.
• Provide financial insight, modeling, and recommendations to support mission-aligned decision-making.
• Serve as an active member of the Vice Chancellor’s leadership team, contributing to strategic planning and organizational direction.
• Ensure division-wide adherence to BPPM 2.001 principles, including:
• Accountability at the point of decision-making
• Stewardship of University resources
• Documentation supporting financial decisions and transactions
• Oversee how funds are budgeted, managed, and expended, ensuring alignment with approved plans, policies, and regulations.
• Perform budget manager responsibilities, including planning, analysis, and management of financial resources.
• Lead development and monitoring of annual budgets, forecasts, and financial plans.
• Analyze financial data, including: Trend analysis, Variance analysis, Multi-year projections
• Identify and evaluate funding opportunities, revenue enhancements, and cost efficiencies.
• Support long-term financial sustainability of the Division.
• Provide oversight of monthly, quarterly, and annual financial activities, including:
• Transaction review and approvals
• Financial reconciliations
• Maintain signature authority and ensure appropriate delegation practices.
• Oversee or review key fiscal processes, including: Payroll reconciliation, Travel authorization, Purchasing card reconciliation, Procurement and disbursements,
• Ensure accuracy, timeliness, and integrity of financial data.
• Establish and maintain robust internal controls, including: Segregation of duties, Transaction oversight, Risk identification and mitigation, Safeguard University assets and ensure appropriate management of financial risk.
• Ensure compliance with applicable laws, regulations, and university policies.
• Ensure financial transactions are: Properly authorized, Fully documented, Accurately recorded, In compliance with policies and regulations
• Ensure transactions meet the standard that they can stand independently for audit and accountability purposes.
• Ensure proper classification and tracking of funds (restricted, unrestricted, designated).
• Provide regular and ad hoc financial reports to division leadership and campus stakeholders.
• Communicate financial information in a clear, actionable manner to audiences including: Vice Chancellors, Division leadership, Unit leaders
• Evaluate the financial viability of programs and initiatives, including revenue-generating activities.
• Provide leadership and guidance to department-level finance staff, including: Training and professional development, Policy interpretation and application, Best practice implementation
• Foster a culture of: Fiscal accountability, Ethical behavior, Transparency
• Collaborate with: Division of Finance & Business Services, Sponsored Programs Administration, Office of Human Resources, Other campus and system partners
• Approve financial access/security for assigned units.

Qualifications

• A Bachelor's degree or an equivalent combination of education and experience and at least 6 years of experience from which comparable knowledge and skills can be acquired is necessary.
• A Master’s degree in a related discipline (MBA, MPA, or similar) is preferred.
• Demonstrated experience collaborating with executive leadership on strategic decisions.
• Strong ability to interpret and communicate financial data to non-financial audiences.
• Proven experience in financial oversight, internal controls, and compliance.
• Familiarity with University of Missouri systems, policies, and higher education financial environments.
• Familiarity with funded research.

Pay

Salary Range: $95,000.00 - $130,000.00 per year

Benefits

This position is eligible for University benefits. As part of your total compensation, the University offers a comprehensive benefits package, including medical, dental and vision plans, retirement, paid time off, short- and long-term disability, paid parental leave, paid caregiver leave, and educational fee discounts for all four UM System campuses. For additional information on University benefits, please visit the Faculty & Staff Benefits website at https://www.umsystem.edu/departments-staff/human-resources/benefits-retirement.

Equal Employment Opportunity

The University of Missouri is an Equal Opportunity Employer.