BUSINESS AND FINANCE OFFICER
Job Details
Hiring Department
Fiscal Managers
Fiscal Services supports university operations through financial process management and guidance. The department works with campus units to ensure consistent fiscal practices. Positions involve financial processing, account support, and coordination with campus units.
Job Description
The Business and Finance Officer provides strategic financial and business operations support for the College of Arts, Sciences, and Education (CASE) and the Division of Communications, Outreach and Engagement (COE). Reporting to the Assistant Vice Chancellor for Business Operations and Strategy, the position works in close partnership with the Dean of CASE, Associate Deans, Department Chairs, the Vice Chancellor for Communications, Outreach and Engagement, and other university leaders to advance the financial and operational priorities of the assigned units.
The Business and Finance Officer is responsible for financial planning, budget development and oversight, fiscal analysis, compliance, internal controls, and business operations. The position serves as a trusted advisor to leadership by providing data-driven recommendations, ensuring sound stewardship of university resources, and supporting strategic decision-making. The Business and Finance Officer collaborates with central administrative offices and department-level staff to promote efficient operations and compliance with university policies and procedures.
Essential Responsibilities:
Strategic Financial Planning and Budget Management (25%)
- Serve as the primary financial advisor to leadership within assigned units
- Develop and maintain long-range financial plans that align with strategic priorities
- Lead annual budget development, forecasting, and resource allocation processes
- Analyze financial trends, enrollment impacts, salary commitments, and operational needs to support decision making
- Identify opportunities for operational efficiencies, cost savings, and revenue enhancement
- Evaluate the financial impact of strategic initiatives, new programs, and investments
Financial Operations and Fiscal Oversight (25%)
- Oversee fiscal activities including revenues, expenditures, gifts, grants, endowments, and other funding sources
- Monitor and reconcile departmental budgets and ensure accurate financial reporting
- Review and process budget adjustments, journal entries, fund transfers, and other financial transactions
- Monitor salary budgets, payroll distributions, and position funding
- Review faculty startup packages, retention agreements, course buyouts, and other funding commitments for fiscal viability and compliance
- Prepare and analyze financial reports, budget-to-actual comparisons, multi-year projections, and other management reports
- Utilize university systems including PeopleSoft, Workday Planning, Power BI, Cognos, and related reporting tools
Compliance, Risk Management, and Business Operations (15%)
- Ensure Compliance with University of Missouri System policies, campus procedures, and applicable regulations
- Maintain effective internal controls and appropriate segregation of duties
- Monitor fiscal, procurement, payroll, and business processes to mitigate risk and promote accountability
- Review financial system security access and recommend process improvements to enhance operational effectiveness
- Identify emerging operational of financial risks and recommend appropriate solutions
Personnel and Administrative Support (10%)
- Review the fiscal aspects of personnel actions, including appointments, compensation changes, funding distributions, and position management
- Partner with Human Resources to support compliance with university policies and position management processes
- Assist leadership with workforce planning, recruitment budgeting, onboarding, and organizational changes
- Provide guidance to departmental administrators on personnel-related financial matters
Leadership and Operational Support (10%)
- Serve as a resource to department administrators and business staff across assigned units
- Coordinate training and share best practices related to budgeting, financial management, procurement, and university business processes
- Support continuous improvement initiatives that enhance operational effectiveness and consistency
- Lead of participate in special projects and strategic initiatives as assigned
Reporting and Decision Support (10%)
- Develop dashboards, reports, and analytical tools to support leadership decision-making
- Analyze financial and operational data to identify trends and opportunities
- Prepare presentations and reports for college, divisional, and university leadership
- Support data-informed planning and performance assessment activities
Campus Collaboration and University Services (5%)
- Collaborate with Finance, Human Resources, Research Administration, Procurement, Information Technology, and other campus partners
- Represent assigned units on university committees and working groups as appropriate
- Foster strong relationships across academic and administrative areas to advance institutional priorities
- Perform other duties as assigned
Minimum Qualifications
A Bachelor's degree or an equivalent combination of education and experience and at least 4 years of experience from which comparable knowledge and skills can be acquired is necessary
Preferred Qualifications
- Bachelor's degree in Business Administration, Accounting, Finance, Management, or a related field
- Coursework in accounting, finance, management, or business administration
- Experience with the University of Missouri System
- Experience with PeopleSoft, Workday Planning, Power BI, Cognos, and related enterprise systems
- Experience supporting complex academic and administrative operations
- Experience in budgeting, financial planning, and organizational analysis
Anticipated Hiring Range
The anticipated hiring range for this position has been established as $53,976-$76,024 annually.
Salary is determined by a variety of factors, including but not limited to, the individual’s particular combination of education, skills, and experience, as well as organizational requirements.
Your total compensation goes beyond the number on your paycheck. The University of Missouri provides generous leave, health plans, and retirement contributions that add to your bottom line.
Grade: GGS 10
University Title: ASSISTANT DIRECTOR BUSINESS ADMINISTRATION
Application Deadline
Applications will be accepted until this position is filled.
Sponsorship Information
Visa Sponsorship Information:
Applicants must be authorized to work in the United States. The University will not sponsor applicants for this position for employment visas.
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