Associate Dean of Finance and Business Services
Job Summary
This leadership position is responsible for the College of Nursing's strategic financial direction. The Associate Dean of Finance and Business Services acts as the senior advisor to the Dean on financial matters and represents the Dean on such matters to the campus and the University. This position is responsible for ensuring that the budgetary and fiscal operations of the school are conducted in an effective, efficient, and responsible manner consistent with the rules and regulations of the University of Colorado and effectively plans and allocates financial resources to achieve the College's stated education, research, and clinical objectives. This position plans, directs, and assesses the financial operations of the College.
This individual is also responsible for academic program evaluation and other fiscal analysis on a variety of unique and complex projects, and the development of short and long-range financial plans and projections for the school. The Associate Dean must be attentive to the unique needs of college constituencies, faculty, staff, and students. The Associate Dean must be committed to shared governance, teamwork, and creative leadership.
This position's leadership is characterized by sound judgment, flexibility, creativity, resourcefulness, and excellent communication skills.
Examples of Work Performed
- Serve as the senior fiscal leader of the CU College of Nursing.
- Serve as a senior advisor to the Dean on financial matters.
- Serve as a member of campus-wide financial committee(s) to provide insight and advice on campus-wide matters while also representing the College of Nursing.
- Investigate and identify internal and external budgeting and financial information needs.
- Approve all high-level documents and reports relating to fiscal and budget information for the college.
- Ensures consistent oversight, analysis, and forecasting of all fiscal and budgetary aspects within the college's clinical, research, and education enterprise.
- Formulate financial plans for the college's various programs and projects. Plans include revenue and expenditure projections, as well as cash flow requirements.
- Translate complex financial data into clear, actionable insights and visual reports for leadership and non-financial constituents.
- Serve as a liaison between the College/Dean and the campus, University, and other external constituencies regarding financial operations.
- Oversee and establish the objectives, scope of service, and performance benchmarks for the Finance and Budget unit.
- Ensure the college is in compliance with all relevant campus, University, and state fiscal policies and procedures.
- Provide leadership and creative approaches to other members of the senior administrative team for the effective utilization of financial resources to accomplish strategic objectives.
- Oversight of annual budget development and long-term financial planning, including analysis of historical financial data and projecting future financial performance, consistent with the college's mission, goals, and applicable policies.
- Develop, recommend, and implement organizational policies relevant to financial management and finance operations.
- Strategically manage and evaluate the College's financial resources, ensuring that funds are stewarded appropriately, allocated and deployed to allow for maximum benefit; with an entrepreneurial focus, develop and explore new and/or unidentified avenues for potential sources of revenue.
- Employ a proactive, future-based approach to financial planning, ensuring the College is strategically positioned to meet opportunities and challenges with emerging technologies and a rapidly evolving economic environment.
- Serve as a member of the Dean's Executive Council (leadership team). Provide advice and counsel to the college's faculty leadership, directors, and assistant/associate deans regarding all financial matters.
Work Location
Hybrid - this role is eligible for a hybrid schedule of three (3) days per week on campus and as needed for in-person meetings.
Qualifications
Minimum Qualifications
- Bachelor's degree from an accredited institution of higher education.
- Ten (10) years of financial management experience, including simultaneous oversight of multiple fiscal operations such as budgeting, grant/contract administration, reporting/analysis, procurement, and/or similar functions.
- Three (3) years of experience in a senior leadership role, exercising strategic financial oversight and collaborating with executive leadership to ensure the long-term fiscal well-being of a dynamic, complex organization.
- Four (4) years of prior supervisory experience of professional positions.
Substitution: A combination of education and related technical/paraprofessional experience may be substituted for the bachelor's degree on a year-for-year basis.
Applicants must meet minimum qualifications at the time of hire.
Preferred Qualifications
- Financial experience in an institution of higher education and/or in an academic health center.
- Experience working with clinical revenue streams and systems.
- Experience converting complex financial data into clear, actionable insights and visual reports for constituents.
Knowledge, Skills, and Abilities
- Demonstrated ability to develop, analyze, and implement effective and innovative budget and financial strategies as well as administrative strategies.
- Evidence of being innovative and creative, particularly related to solving complex business and financial problems that lead to cost savings, revenue generation, or other types of innovation.
- Ability to effectively collaborate with other executives and leaders to achieve organizational goals.
- Ability to function independently and at a high level under complex situations.
- Ability to conceptualize complex fiscal problems and to develop and implement effective action plans.
- Ability to set a tone of leadership that is collaborative and transparent, and which effectively utilizes data-driven decision making.
- Ability to effectively supervise, lead, and direct a variety of professional personnel.
- Outstanding communication skills are required. Ability to effectively develop, organize, and present written and oral reports to internal and external constituents, including faculty and departmental administrators, staff, affiliates, campus and university administration, and regional and national professional organizations.
- Strong organizational skills, attention to detail, analytical capability, and professional judgment are required.
- Ability to manage large amounts of complex data, and to coordinate a variety of information systems.
Anticipated Pay Range
The starting salary range (or hiring range) for this position has been established as $190,000 to $226,000.
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