Department-Specific Responsibilities
- Acts as a subject matter expert in finance for the school.
- Interacts with colleagues at all levels of the school, campus, and university.
- Analyzes school-level financials, analysis, planning, and reporting and is critical to supporting the Associate CFO in interpreting the financial health of the school and ensuring availability of funds for continuing operations.
- Collaborates with Financial Services leaders in development of policies, strategic plans, and programs within IUSM related to the financial resources and operations of the school.
- Manages the school-level budget, analysis, and reporting; leads the financial analysis staff.
- Directs financial analysis for the dean's office units and departments, including items such as: reviewing statements for profit and loss, income and expense variances, budget analysis, preparing financial forecasts, trend analysis, cash balances, and key metrics such as full time equalivents (FTE), days cash on hand, and indirect costs, among others.
- Leads the annual IUSM budget construction process and maintains the budget throughout the fiscal year.
- Collaborates on strategic planning efforts for IUSM Departments, Regional Medical Centers, and Dean's Office units to include analysis of financial performance, implementing standardized business planning processes, and developing operational improvement plans in support of the Associate Chief Financial Officer.
- Directs the daily activities of the Financial Analysis and Budget staff.
General Responsibilities
- Oversees the analysis of financial performance in university units; devises strategic plans to meet financial goals.
- Develops short-term and long-term business plans, creates policies and procedures, and analyzes past financial performance.
- Prepares and presents financial analyses and recommendations to top-level university management.
- Provides expert advice on all levels of financial activity and interpretation of financial policies to Financial Analysts, senior management, and top-level university management.
- Follows crucial economic, industrial, and corporate trends by analyzing financial reports; implements relevant data into the organization's financial decision-making.
- Creates financial models and analyses of financial and operational metrics to evaluate and direct business performance.
- Manges the financial planning, budgeting, and forecasting processes.
Qualifications
Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.
EDUCATION
Required
Bachelor's degree in accounting, finance, or a related field
Preferred
Master's degree in accounting, finance, or a related field
WORK EXPERIENCE
Required
5 years in finance, financial administration, accounting, or a related field
Preferred
3 years of management experience in a relevant field
SKILLS
Required
Ability to analyze and interpret financial data
Demonstrated analytical skills
Excellent interpretation of complex statistical data
Demonstrated written communication skills
Articulate and responsive to colleagues
Develops and delivers effective presentations
Excellent collaboration and team building skills
Ability to lead/manage others
Instills commitment to organizational goals
Assumes personal responsibility for actions
Demonstrates a high level of accuracy, even under pressure
Ability to work within tight time frames and meet strict deadlines
Working Conditions / Demands
This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.
Work Location
Indianapolis, Indiana
Advertised Salary
$155,000.00 - 160,000.00 annually based on candidate experience, skills, and qualifications.
Benefits Overview
For full-time staff employees, Indiana University offers a wide array of benefits including:
- Comprehensive medical and dental insurance
- Health savings account with generous IU contributions
- Healthcare and dependent care flexible spending accounts
- Basic group life insurance paid by IU
- Voluntary supplemental life, long-term disability, critical illness, and supplemental accidental death & dismemberment insurance
- Base retirement plan with generous IU contributions, subject to vesting
- Voluntary supplemental retirement plan options
- Tuition subsidy for employees and family members taking IU courses
- 10 paid holidays plus a paid winter break each year
- Generous paid time off plans
- Paid leave for new parents and IU-sponsored volunteer events
- Employee assistance program (EAP)
Learn more about our benefits by reviewing the IU Benefit Programs Brochure.
Job Classification
Career Level: Strategic
FLSA: Exempt
Job Function: Finance
Job Family: Financial Analysis
Click here to learn more about Indiana University's Job Framework.
Equal Employment Opportunity
Indiana University is an equal opportunity employer and provider of ADA services and prohibits discrimination in hiring. See Indiana University Notice of Non-Discrimination here which includes contact information.
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