Executive Director, Finance

University of Miami - Miami, FL

Full-time - Mid Level

Miami, FL

Educational Services

About the position

The University of Miami is seeking a qualified individual to assist in the preparation of various business plans related to assigned facility operations. This role involves participating in both strategic long-range and tactical planning, ensuring that the organization is well-prepared for future challenges and opportunities. The successful candidate will perform economic evaluations of new programs and equipment, which is crucial for making informed decisions that align with the university's goals. Additionally, the position requires completing trend analyses and volume projections to understand the operational landscape better. A significant aspect of this role is the development of strategic pricing and sensitivity analyses, which will help the university optimize its financial performance. The candidate will also initiate appropriate controls to ensure compliance with operating and capital budgets, working collaboratively with other departments, staff, and external entities to facilitate an effective budget preparation process. Monitoring and summarizing the status of all financial targets will be essential to ensure that the university meets its financial objectives. Moreover, the role includes training, mentoring, and supervising department staff to ensure compliance with applicable regulations. The candidate will be responsible for ensuring internal control oversight and compliance with laws and regulations, safeguarding assets, and adhering to university policies and procedures. The position also involves creating an effective control environment, conducting risk assessments, and implementing and monitoring controls to enhance operational efficiency and effectiveness. It is important to note that this list of duties and responsibilities is not exhaustive and may be expanded to include other necessary tasks as required.

Responsibilities

• Assists in preparation of miscellaneous business plans relating to assigned facility operations.
• Participates in strategic long-range and tactical planning.
• Performs economic evaluation of new programs and equipment.
• Completes trend analyses and volume projections.
• Develops strategic pricing and sensitivity analyses.
• Initiates appropriate controls to ensure compliance with operating and capital budgets.
• Works with other departments, staff, and external entities to undertake the budget preparation process effectively.
• Monitors and summarizes the status of all financial targets.
• Trains, mentors, and supervises department staff to ensure compliance with applicable regulations.
• Ensures internal control oversight and compliance with laws and regulations, safeguarding of assets, compliance with University policies and procedures, reliability of internal and external reporting, and efficiency and effectiveness of operations.
• Creates an effective control environment, conducts risk assessment, implements and monitors controls.

Requirements

• Bachelor's degree in relevant field.
• Minimum 8 years of relevant experience.
• Knowledge of business and management principles.
• Ability to direct, manage, implement, and evaluate department operations.
• Ability to establish department goals and objectives that support the strategic plan.
• Ability to effectively plan, delegate and/or supervise the work of others.
• Ability to lead, motivate, develop, and train others.

Benefits

• Competitive salaries
• Comprehensive benefits package including medical and dental insurance
• Tuition remission
• Opportunities for professional development