Financial Analysis and Real Estate Operations Associate Director

Job Summary

Responsible for the budgeting process for the Division's operating budget, Foundation housing properties and other off-campus real estate. Ensure properties maintain optimal occupancy, competitive pricing, and strong financial performance through ongoing analysis and close partnership with Housing Operations, and third-party operators. Serve as the primary point of contact for interim management of newly acquired real estate assets. Oversee management of the $140M endowment, ensuring funds effectively support students and faculty and that donor reporting is accurate and professional. Lead contract review processes on behalf of the Foundation to support compliance, risk mitigation, and organizational effectiveness. Create complex financial models to plan and analyze initiatives.

Responsibilities

KEY RESPONSIBILITIES:

1. Partner with department leaders to understand their operations and strategic goals in order to support the development, reporting, and analysis of operational expense budgets.
2. Lead the Division's annual budgeting process, providing guidance to budget owners and consolidating departmental submissions into a complete and accurate financial plan. Includes delivering a recommended budget to the Foundation Board of Trustees as the Foundation is a separate legal entity from our state funding. Works with KSU Fiscal Services to request new state funding (both one-time and permanent funding) along with reassessing the Division's permanent state funding to ensure funds are spent on top priorities.
3. Lead the annual budgeting process for all Foundation LLC entities by partnering with other KSU operational teams to include: operational budgets, Debt Service Coverage Ratios, MOUs with the University and capital planning.
4. Partner with third-party operators of the Foundation's real estate assets to drive profitability by setting and monitoring goals for occupancy, revenue, expenses, and property condition. Approve major capital expenditures as needed.
5. Prepare presentations for Senior Leadership to support strategic decision making.
6. Review, approve, and monitor all Foundation contracts. Provide guidance to budget owners on contract needs and support the contract processor throughout the workflow.
7. Build advanced financial models to analyze new initiatives, utilizing system extracted data and sophisticated Excel functions to deliver meaningful insights.
8. Fulfill the tasks required to support the Foundation's endowment, including evaluating initiatives to optimize growth and utilization, analyzing changes to the spending policy, calculating annual spending allocations, forecasting future distributions, and supporting accurate donor reporting.
9. Provide leadership and direction to assigned staff

Required Qualifications

Educational Requirements

Bachelor's degree from an accredited institution of higher education in Business, Finance, Accounting, or related field

Required Experience

Five (5) years of experience in financial planning and analysis, real property asset management, or related business role.

Preferred Qualifications

Preferred Educational Qualifications

An advanced degree from an accredited institution of higher education in a related field

Preferred Experience

Advanced proficiency in Power BI, Tableau, or similar Data Management/Visualization tool

Proposed Salary

The salary range for this position is between $86,500 and $110,000 (budgeted amount). Offers will be based on candidate experience and budget availability.

Knowledge, Skills, & Abilities

ABILITIES

Able to analyze data objectively to make data driven decisions
Self-motivated with the ability to learn new concepts quickly
Able to handle multiple tasks or projects at one time meeting assigned deadlines

SKILLS

Proficiency in querying data from financial software to extract and analyze critical financial information
Advanced Power BI (or similar tool) skills including data management and data visualization skills to effectively organize data from various sources and communicate financial insights and trends to stakeholders
Excellent interpersonal, initiative, teamwork, problem solving, independent judgment, organization, communication (verbal and written), time management, project management and presentation skills
Proficient with computer applications and programs associated with the position (i.e., Microsoft Office suite)
Advanced Excel skills, enabling complex financial models to perform in-depth financial analysis
Strong attention to detail and follow up skills
Strong customer service skills and phone and e-mail etiquette