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Position Classification Description

Position Class Code / Title: B8056 / Dir,Financial Operations
Recruitment Tier: Tier 1
FLSA: Exempt
Grade: 17

This is a description of a Staff Position Classification. It is not an announcement of a position opening. To view descriptions of current openings, please go to UNMJobs and Search Postings to view positions that are currently accepting applications.

The following statements are intended to describe, in broad terms, the general functions and responsibility levels characteristic of positions assigned to this classification. They should not be viewed as an exhaustive list of the specific duties and prerequisites applicable to individual positions that have been so classified.

Summary

Directs, plans, coordinates, and provides guidance on all aspects of the financial and budgetary operations of a major, multifaceted division of the University falling under an Executive Vice President. Provides strategic direction and integrated leadership, in collaboration with executive and senior leadership. Develops, implements, and maintains administrative standards and controls within the organization.

Duties and Responsibilities

  1. Directs, oversees, and integrates the budgetary and fiscal activities for various component schools, colleges, divisions, and departments reporting up to an Executive Vice President or equivalent.
  2. Oversees the design, implementation, and support of financial systems and related policies and processes needed to identify and manage funds, revenue, and expenditures. Ensures fiscal compliance and establishes fiscal controls to safegaurd institutional funds while allowing the institution to accomplish its programmatic missions.
  3. Prepares high-level financial analyses for various projects requested by executive and senior leadership; directly participates in the development of specialized financial reports for the Board of Regents, the State, and/or other governmental and executive entities.
  4. Collaborates with senior leadership, faculty, staff, academic, and/or governmental agency officials in the development and management of the annual budget for the organization and its component units. Represents senior executives in the review of fiscal transactions, policy development, procedures, etc.
  5. Directly participates with executive and senior leadership in the establishment of short- and long-range institutional goals, objectives, policies, and operating procedures for the organization and its component units; monitors and evaluates program effectiveness; effects changes required for improvement.
  6. Provides expert and strategic guidance and consultation to University constituents, including faculty and staff in the understanding of financial information and in developing budget and cost control strategies.
  7. Leads and oversees designated professional and support staff, to include hiring, work allocation, training, and performance evaluation.
  8. Serves on University financial planning committees and participates in recommendations concerning changes to the University's financial system.
  9. May oversee a shared services center that provides a range of professional support services to component units.
  10. Performs miscellaneous job-related duties as assigned.

Minimum Job Requirements

  • Bachelor's degree in business, finance, or equivalent; at least 8 years of experience directly related to the duties and responsibilities specified.
  • Completed degree(s) from an accredited institution that are above the minimum education requirement may be substituted for experience on a year for year basis.

Knowledge, Skills and Abilities Required

  • Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community.
  • Ability to develop and deliver presentations.
  • Ability to design and develop complex financial models.
  • Advanced knowledge of public sector financial, accounting, and budgeting principles and procedures.
  • Knowledge of HED financial reporting standards and of State of New Mexico financial reporting laws, regulations, and procedures.
  • Ability to execute and integrate complex financial analyses and prepare comprehensive capital/operating budget summaries and projections.
  • Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.
  • Ability to use independent judgment and to manage and impart information to a diverse range of constituencies.
  • Knowledge of integrated business management principles and practices in a public institution of higher education.
  • Ability to interpret business and operational needs and develop integrated, creative solutions.
  • Knowledge of continuous quality improvement management principles and practices.
  • Ability to develop, plan, and implement short- and long-range goals.
  • Knowledge of computerized information systems used in financial and/or accounting applications.
  • Ability to investigate and analyze information and draw conclusions.
  • Ability to supervise and train employees, to include organizing, prioritizing, and scheduling work assignments.

Conditions of Employment

  • Employees in this job title are subject to the terms and conditions of an employment contract. Employment contracts are typically subject to review and renewal on an annual basis.

Working Conditions and Physical Effort

  • No or very limited physical effort required.
  • No or very limited exposure to physical risk.
  • Work is normally performed in a typical interior/office work environment.

The University of New Mexico provides all training required by OSHA to ensure employee safety.

Revised Date: 08/25/2017