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The University of Chicago Director of Finance and Budget Analysis - JR25844-3800 in Chicago, Illinois

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/11940464 Department

Library Administration - Human Resources & Facilities Administration

About the Department

Widely known as the guardian of one of the largest academic library collections in North America, the University of Chicago Library is redefining its role as a provider of services within an increasingly open global knowledge ecosystem. We value open and equitable access to knowledge, freedom of speech and inquiry, and working in partnership within and beyond the UChicago community. We are creating a working environment that embraces innovation and respect and that celebrates and develops staff.

As part of the University of Chicago, we offer a wide variety of strong benefits and programs to academics and staff. From a choice of comprehensive health plan options and wellness programs, short and long-term disability insurance, continuing education opportunities including educational assistance plans, competitive retirement plans, and paid time off (vacation, personal, and university holidays), we\'re committed to providing benefits and a work environment that matters!

Job Summary

The Director of Finance and Budget Analysis will lead and manage the operating budget, financial planning and analysis, and procurement for the Library and the subunits of research, and philanthropic revenue and ensure alignment with University operational budgets/strategies. Reporting to the Associate Dean of Operations and Administration functions as a liaison to University Finance, Research, and other organizational partners on fiscal matters related to the Library\'s financial operations. The individual who holds this position exemplifies the University of Chicago and Library\'s mission, vision, and values and acts following organizational policies and procedures.

Responsibilities

  • Manages Library operational, research, gifts, and endowment budgets for functional areas of responsibility and ensures the budget aligns with Library budget strategy.
  • Responsible for the creation of regular budget and expense projections for all operating units.
  • Responsible for the revenue management and expense functions within the Library and maintains fiduciary responsibilities that benefit the Library.
  • Directs the analysis and reporting of the fiscal impact of efforts in services, research, and practice by proactively forecasting for long-term planning. Examples include providing and interpreting financial information for senior Library leadership/reports regularly.
  • Works with Library management and supervisors to provide analysis and refine fiscal functions, presenting recommendations/advisement to the Associate Dean of Operations and Administration. Examples include preparing and managing the Library\'s financial accounting, monitoring, and reporting systems for the operational budget.
  • Collaborates with Associate Dean of Operations and Administration to develop, revise, and implement policy and procedures of finance areas (revenue/expense management), professional fee billing, grants/contracts and review financial feasibility and provide pro forma proposals to ensure interdependencies between specific areas of functional oversight and other areas within the Library have appropriate hand-offs.
  • Stays abreast of industry changes impacting Library finance; identifies potential impact and required changes; strives to promote best practices in Library finance including organization policy adherence and advises Associate Dean on best fiscal practices.
  • Responsible for directing any financial communications to internal stakeholders.
  • Conducts regular education and training on financial metrics, technical skil s, and other relevant financial and operational concepts to the Library community.
  • Analyzes and prepares budgets, creates accounts, and works with the financial accounting system to allocate, authorize, monitor, and control expenses.
  • Prepares monthly reports, conducts and correct errors in accounts using existing procedures that are in place, and provides advice on the financial impact of human resources and academic affairs decisions.
  • May work with other administrators on the procurement process, allocates expenditures for authorization, and advises in communications regarding funding agencies, subcontractors, and others at the instruction and direction of others.
  • Performs other related work as needed.

Minimum Qualifications

Education:

Minimum requirements include a college or university degree in related field.

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Work Experience:

Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.

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Certifications:

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Preferred Qualifications

Education:

  • Master\'s degree in a relevant field or undergraduate degree combined with equivalent professional experience.

Experienc

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