Director, Finance

Current Employees:

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CORE JOB SUMMARY

The Director, Finance acts as principal advisor regarding all financial matters that may affect the short-term or long-term financial success of the University. The Director, Finance oversees the development, implementation, and administration of internal controls and operating systems and establishes financial policies following generally accepted accounting principles, tax regulations, and existing federal and state laws.

Salary Range: $97,000 to $130,00, depending on experience

CORE JOB FUNCTIONS

1. Oversees budgets and audit processes for all facilities and provides appropriate training to management.

2. Communicates financial policies and matters to appropriate finance committees.

3. Advances annual, operating, and capital budgets.

4. Prepares appropriate financial reports necessary to show overall financial performance.

5. Assists in the development of strategies to maintain the financial well-being of the organization.

6. Determines economic implications and feasibility for modifications to existing systems and installation of new systems.

7. Provides financial analyses, feasibility studies, and others to translate strategic plans into quantifiable data and analysis.

8. Cultivates and maintains payor contract relationships and develops joint ventures and collaborative arrangements with external parties.

9. Invests excess short-term and long-term cash and investment portfolios to maximize the return on investment while maintaining the safety of the investments.

10. Establishes and continuously assesses the effectiveness of the internal controls within the unit and compliance with University policies and procedures. Ensures employees are trained on controls within the function and on University policy and procedures.

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

CORE QUALIFICATIONS

Education:

Bachelor's degree in relevant field required

Experience:

Minimum 8 years of relevant experience required

Certification and Licensing:

Refer to department description for applicable certification requirements

Knowledge, Skills and Abilities:

• Strategic Alignment: Skilled in aligning departmental goals with enterprise-wide strategy and develops comprehensive strategic plans.

• Financial Management: Ensures fiscal responsibility, and optimization of financial performance.

• Resource Management: Ability to allocate resources and drive innovation and growth.

• Adaptability: Proven ability to adjust to changes and leads/inspires transformational change.

• Team Leadership: Ability to build and lead high-performing teams, manage complex projects, and ensure successful project delivery.

• Technology & Analytics: Understanding of technology, data analytics, and performance measurement to drive strategic decisions and identify opportunities.

• Communication: Ability to influence others, articulate strategic vision, and ensure clear and persuasive communication.

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This is a core job profile description and is not reflective of all duties that may be assigned to a specific position in each individual department. The above statements are intended to describe the general nature and primary responsibilities of this core job profile. Specific duties and tasks may vary based upon departmental needs. Other duties may be assigned to the above consistent with the knowledge, skills, and abilities required for the job.

The University of Miami is recognized as one of the nation's premier research institutions and academic health systems and is among the largest employers in South Florida.

With more than 20,000 faculty and staff, the University is committed to excellence and guided by a mission to positively impact the lives of students, patients, and communities locally and globally.

We are dedicated to fostering a culture where every individual feels valued and empowered to contribute meaningfully. United by shared values, the University community works together to build an environment defined by purpose, collaboration, and service.

The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

Job Status:

Full time

Employee Type:

Staff