Finance Director

$95,000 - $105,000/Yr

Unclassified - Norman, OK

Full-time - Mid Level

Norman, OK

About the position

OU Education Services (OUES) is a nonprofit organization established to manage and enhance online learning at the University of Oklahoma. The University of Oklahoma Board of Regents has authorized OU to engage OUES in supporting the management and delivery of online programs and courses. OUES was created in collaboration with the university to improve its capabilities in increasing education accessibility. We are currently seeking a Finance Director who possesses extensive experience in budgeting and financial management within a nonprofit context, as well as a solid understanding of the financial models applicable to higher education institutions. The Finance Director will play a crucial role in overseeing the financial operations of OUES. This position requires a strategic thinker who can prepare annual departmental budgets, manage treasury functions including accounts receivable, accounts payable, and working capital needs. The Finance Director will also be responsible for building long-term financial models that align with the organization’s strategic objectives, as well as developing pricing models to support contract negotiations with external partners. The role involves providing timely financial reporting and analysis to executive leadership, supporting department leaders with analytical models, and collaborating with outsourced accounting and tax teams to ensure compliance and accurate reporting. This is a full-time position with a hybrid work schedule, allowing for flexibility while ensuring that the Finance Director can effectively contribute to the organization’s goals. The ideal candidate will have a strong operational finance background, particularly in fast-paced and entrepreneurial environments, and will be adept at synthesizing complex financial information for executive decision-making.

Responsibilities

• Own the preparation of annual departmental budgets
• Oversee treasury management, including AR, AP, and working capital needs
• Build long-term (5+ years) financial models to help guide the organization to achieve strategic objectives
• Build internal and external pricing models to support contract negotiations with external partners
• Provide timely monthly, quarterly, YTD financial reporting vs. budget analysis to executive leadership
• Support department leaders with analytical models to better inform strategic decisions
• Partner with outsourced accounting team on timely monthly close reporting
• Support outsourced tax team on filing annual 990 report
• Partner with HR and outsourced PEO provider to process payroll and benefits
• Provide ad-hoc financial analysis as assigned by executive leadership

Requirements

• 5 - 7 years of operational finance and FP&A experience in start-up, fast-paced, entrepreneurial environment
• Ability to build financial models from a blank sheet
• Clear understanding of the online higher education economic structure
• Willingness to dig into the details and build efficient and effective internal processes
• Ability to synthesize and clearly communicate financial information to executive leadership

Benefits

• 401(k)
• Dental insurance
• Health insurance
• Unlimited paid time off
• Vision insurance