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Director of Academic Finance

Knoxville, TN, USA | University of Tennessee

  • Industry:
    Education (Higher)
  • Position Type:
    Full-Time
  • Functions:
    Financial Services Professional
    General Management
  • Experience:
    7-10 years
Job Description:
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Strategy and Budget Development


Responsible for collaborating with Assistant Provost for Finance and Administration on developing resource allocation plans to support Chancellor and Provost strategic plans and initiatives across the campus. 

Develops, analyzes, and exercises management authority of the Provost Office budget, and oversight of the Academic Affairs unit budgets. 

Ensures academic unit financial operations are consistent with the Provost’s strategic plans.

Gathers and consolidates budget preparation requests for annual budget activities such as consolidating merit raise files from the colleges and other Provost units, reviewing all new fee proposals from the colleges, making budget transfers to or from the Provost accounts to college and Academic Affairs accounts, and reviewing and verifying carryover calculations and distributions by and to the colleges and Academic Affairs units. 

Serves in an advisory capacity to academic units with regards to proper way to perform tasks while ensuring compliance with fiscal policy.

Manages and coordinates the Budget Allocation Model and budgeting and forecasting software platform for the Provost's Office.

Identifies areas of concern related to Budget Allocation Model software and works with the campus Budget Office on resolution.

Operates as the primary point of contact between the Provost Office and the college administrative deans and budget officers responsible for budget analysis, planning, and reporting, evaluates variances and develops explanations and action plans in response to the variance explanations. 

Translates strategic plans into operational plans and provides analysis to support operational plans.


Business and Fiscal Operations and Human Resources


Directs operations and financial and administrative staff of the Provost’s office, including selection, supervision, performance review, and corrective action.

Conducts ongoing needs assessment of office functions and makes recommendations about changes to organizational structures in order to maintain maximum operational efficiencies. 

Operates as the liaison between the Provost Office and the other operational areas of campus administration.


Qualifications

 

Required Education


Bachelor’s degree and eight (8) years of professional financial management experience, or a Master’s degree and four (4) years of experience.


Required Qualifications


Supervisory experience.

Experience with an Enterprise Resource Planning (ERP) system.

Extensive knowledge of Microsoft Excel. 


Preferred Education


Master's or MBA in Finance in related field.


Preferred Qualifications


Experience with cloud-based software platforms is helpful.

Knowledge of other analytical, reporting, and dashboard software such as Power BI and/or Tableau is helpful.

Higher education background strongly preferred.


Knowledge, Skills and Abilities


Ability to formulate and implement budgets and do long range forecasting and planning.

Ability to mentor and motivate staff to perform at their highest abilities

Strong oral and written communication skills.

Ability to offer expert opinion and guidance to support executive level decision making.

Knowledge of financial and organizational best practices in a business setting.

Ability to work with a diverse group of colleagues and ad-hoc committee and workgroup members


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