Director of Finance and Budget Analysis

University of Chicago - Chicago, IL

Full-time - Mid Level

Chicago, IL

Educational Services

About the position

The Director of Finance and Budget Analysis at the University of Chicago Library will lead and manage the financial operations, including the operating budget, financial planning, and procurement for the Library and its subunits. This role is crucial in ensuring alignment with the University’s operational budgets and strategies, while also acting as a liaison to various University departments on fiscal matters. The position requires a strong commitment to the Library's mission and values, and the individual will be responsible for providing financial insights and recommendations to senior leadership.

Responsibilities

• Manage Library operational, research, gifts, and endowment budgets ensuring alignment with Library budget strategy.
• Create regular budget and expense projections for all operating units.
• Oversee revenue management and expense functions within the Library, maintaining fiduciary responsibilities.
• Direct analysis and reporting of fiscal impacts of services, research, and practice, including long-term planning forecasts.
• Provide and interpret financial information for senior Library leadership and report regularly.
• Collaborate with management to refine fiscal functions and present recommendations to the Associate Dean of Operations and Administration.
• Develop, revise, and implement policies and procedures related to finance areas, including revenue/expense management and grants/contracts.
• Stay updated on industry changes impacting Library finance and promote best practices.
• Direct financial communications to internal stakeholders and conduct education and training on financial metrics.
• Analyze and prepare budgets, create accounts, and manage the financial accounting system for expense control.

Requirements

• Bachelor's degree in a related field.
• 2-5 years of work experience in a related job discipline.
• Master's degree in a relevant field or equivalent professional experience preferred.
• Minimum of five years of experience in financial, administrative, program/project management, human resources, or facilities.
• At least three years of leadership experience in a research organization, public institution, non-profit, library, or similar organization.
• Understanding of fiscal management of grants and philanthropic gifts, and GAAP accounting principles.
• Excellent working knowledge of MS Office, especially Excel.

Nice-to-haves

• Problem-solving and financial analytical skills.
• Ability to interact professionally with all levels of employees.
• Knowledge of data extraction and reporting.
• Aptitude for translating complex issues to a general audience.
• Excellent interpersonal skills and ability to prioritize multiple tasks.

Benefits

• Comprehensive health plan options
• Wellness programs
• Short and long-term disability insurance
• Continuing education opportunities
• Educational assistance plans
• Competitive retirement plans
• Paid time off including vacation, personal, and university holidays