Director Of Finance

Company: National University of Natural Medicine
Location: Portland
Posted on: November 17, 2024

Job Description:

POSITION DESCRIPTION This position is responsible for collaborative financial management leadership for the University and ensures its short and long-term fiscal health. The Director of Finance provides expert guidance and oversight to maintain and enhance the University's fiscal stability. They partner with budget holders across the University to develop, implement, and monitor their budgets, ensuring alignment with the University's strategic goals. This position oversees the business and billing offices. ESSENTIAL DUTIES AND RESPONSIBILITIES Financial and Strategic Planning Duties Establish and maintain effective fiscal management, policies and procedures, including fiscal strategic planning; financial statement design and preparation; and all other fiscal functions as deemed necessary. Assure information is accurate and available in a timely manner for regular audits and preparation of tax returns or any other needs as necessary. Provide short and Long-term planning for the University and finance department. Responsible for developing 3-5 year strategic plans including long-term and a specific, measurable plan for implementation within planned budget guidelines and provisions, as approved by the President or Board of Directors. Oversee preparation of the annual budget whereby organizational needs are identified, consensus on priorities is obtained, and consensus is translated into a financial plan and accounting information is made useful to management. Continuously monitor and analyze external factors, including economic trends, policy changes, and developments in higher education, to ensure that the budgeting process reflects the most current and relevant information. Monitor enrollment analysis quarterly coupled with projection analysis for existing and new programming. Accounting and Debt Management Duties Ensure that grant funds are expended in compliance with grant guidelines and timelines; ensure professional, timely, accurate student and patient financial policies with respect to collection practices for tuition, patient care fees and related revenue. Responsible for University tax filings, audit arrangements and compliance to standards. Manage government (DOE; DHHS) relationships in terms of work study drawdowns. Monitor and analyze cash flow; oversee investment activities to ensure appropriate supply of cash and highest possible yield on idle funds while complying with statutory limitations on types of investments. Maintain excellent relationships with the University's bank officials and in that capacity advocate for the University with rating agencies to ensure the highest possible rating for the University. Oversee monthly accounting cycle. Ensure the timely collection of accounts receivable. Risk Management and Legal Audit Duties Retain and monitor appropriate insurance broker relationships for the University for General Liability and Professional Liability. Manage the University's relationship with its legal firm and attorneys and maintain an active and strong liaison with the University's auditing firm. Fund Raising and Public and Intergovernmental Relations Duties Maintain positive and productive relationships with federal, state and local officials who interface with University financial activities. Support the University's Office of Advancement and general fundraising and development efforts in terms of gift accounting, compliance with 501(c) (3) regulations and guidelines with regard to donations of cash, in-kind gifts, stock transfers, bequests and related contributions to the University. Supervisory Duties This position supervises members of the billing and business departments. Works closely with the human resources/payroll department. Scope of supervision includes employees. Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities may include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Plan and provide education and development opportunities for departmental staff. EDUCATION/EXPERIENCE BA in Accounting required, MBA and/or CPA preferred; 5 years' experience in financial management, accounting, budgetary management; higher education experience preferred; (3 years of supervisory experience) or equivalent combination of education and/or experience. QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Extensive background in financial management, including the areas of budgeting, financial forecasting/planning, financial analysis, as well as depth of experience in investments, cash management, and debt management. Possess a strategic orientation and a "big picture" perspective. Prior successful supervisory experience encompassing hiring, developing, and motivating others. Experience working effectively with a governing board and external organizations (e.g. banks, auditors, etc.). Demonstrated success in providing managers with the necessary data for effective and timely decision making, performing financial analyses for projects relating to new program initiatives, location site viability, and investment strategies. Ability to effectively interact with professional colleagues, both inside and outside the University, as well as with members of civic organizations and volunteer boards, donors, and representatives of other University constituencies. Ability to function effectively as a team player working closely with the President of NUNM, other senior executives of the University, board members, faculty, and support staff. Effective organizational skills required including a demonstrated ability to accomplish both broad, visionary assignments as well as complex, detailed projects on a timely basis. Strong conceptual, creative, and problem-solving skills. Ability to efficiently organize and manage large amounts of data, information, records; attention to detail; and well organized. PAY AND BENEFITS $125,000 - $130,000 per year Base Wage Retirement Savings Plan Medical, Dental & Vision insurance Health savings and flexible spending accounts Paid time off Short-term and long-term disability Life insurance 16 paid holidays including birthday This position will be based at our campus in Portland, Oregon. Employment Type: Full Time Years Experience: 5 - 10 years Salary: $125,000 - $130,000 Annual Bonus/Commission: No

Keywords: National University of Natural Medicine, Vancouver , Director Of Finance, Accounting, Auditing , Portland, Washington