Chief Business Officer, College of Education and Human Development

Description

The Chief Business Officer (CBO) will report directly to the College of Education & Human Development Dean. This is a new position that will be responsible for strengthening business and financial planning in alignment with the College’s and University’s strategic goals. The position will lead financial and business matters and direct financial operations including budgeting and accounting. The CBO provides leadership, oversight and stewardship for all aspects of financial resources while promoting best practices involving finance administration within the College. Reporting to the College Dean and with secondary reporting to the University’s Associate VP for Finance, the CBO works collaboratively with College leadership in providing strategic advice and recommending and implementing financial and administrative objectives, policies, programs, and practices that ensure a sound financial structure for the College. The CBO keeps the Dean informed about the College’s current financial position and works creatively to help sustain an environment of excellence through collaboration and innovation. In carrying out these responsibilities, the CBO will be expected to continuously evaluate short- and long-term strategic financial objectives; produce forecasts and model strategic choices and alternatives; advise on the financial implications of business activities, the costs of strategic priorities, and options for funding strategies that will provide for the realization of the College’s growth. The CBO has responsibility for all reporting and compliance related to fiscal activity and will suggest and lead efficiencies for managing financial processes throughout the College of Education & Human Development.

Duties & Responsibilities

Strategic Financial Planning of all Internal Funding

• Develop financial planning processes to prioritize and ensure that short- and long-term financial plans are in alignment with the College’s strategic vision
• Work collaboratively with UND’s financial team in regard to information/data provided and requested.
• Participate in strategic planning discussions
• Ensure the provision of adequate, accurate and timely data for strategic decision-making and operational leadership
• Prepare financial and enrollment models that provide for the realization of College goals
• Apply budgeting knowledge in developing a budgeting process that achieves financial transparency and is true to the values and mission of the College
• Summarize complex financial and non-financial data and provide easy-to-understand analyses
• Use forecasting techniques and data analytics when evaluating the financial applications of strategic alternatives, thereby increasing decision-makers’ understanding of the risk and rewards of such alternatives.
• Deliver clear and concise analysis and summaries of financial and activity-level data for executive-level review.
• Financially advise and provide strategic planning to department-level administrators
• Prepare financial statements, budget models and respond to special project requests of the Dean
• Provide mechanisms to track traditional vs online revenues and expenses, as well as self-paced enroll anytime instruction, and Pearson course delivery agreements
• Promote effective communication across the College and between the College and UND’s financial team
• Provide financial and budget transparency for faculty, staff, advisory board and other constituents as directed
• Monitor the College’s tuition waiver planning and allocation to departments, keeping the Dean informed of how tuition waivers are impacting the colleges revenue
• Monitor Grad Assistantships impact to revenue

Financial Efficiency

• Advocate for efficiencies and effective process improvements and best practices at the College and department level
• Lead and/or participate in development and implementation of practices that will improve financial strategies
• As it relates to finance/budget, review staffing, departmental performance, and efficiencies to make improvement recommendations for financial processes.  In coordination with UND HR/Compensation Analyst and the Dean, participate in salary review processes based on data received from UND HR Partners.

Strategic Planning of External Funding

• Work with College Grants and Contracts personnel to monitor and analyze F&A revenue trends
• Advise dean and College administrators when establishing F&A policy and planning for department and PI-level distribution of funds.

Contribute to effective College personnel and administrative duties

• Consult with Dean and other College Leadership Council members to assess operations effectiveness and suggest improvements

Required Competencies

• Has strong data processing/analytical skills
• Will perform with a high degree of self-direction and motivation
• Will multi-task in a high volume, fast-paced environment while maintaining attention to detail Will maintain confidentiality with sensitive information
• Uses superior written and verbal communication skills, including active listening, critical thinking, and the ability to write and speak concisely and express thoughts clearly across various levels
• Demonstrated ability to meet deadlines and work on multiple projects at one time
• Ability to take complex information and/or large data sets and analyze them for data-based decision-making
• Exceptional analytical and problem-solving skills and attention to detail with excellent follow through on tasks

Minimum Requirements

• Bachelor’s degree with undergraduate degree in Finance, Data Analysis, Economics, Accounting, or other business-related field CPA or MBA
• Proficiency with Microsoft Office, including significant advanced experience with data analysis functions of Excel, including pivot tables, what-if scenarios, etc., with ability generate a management summary of data
• Successful completion of criminal history background check

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the US and to complete the required employment eligibility verification form upon hire.

Preferred Qualifications

• Experience working with Peoplesoft Finance
• Experience using PowerBI
• Experience with Responsibility Centered Management (RCM)
• Financial planning experience in higher education, preferably in a public institution or university system

Minimum Hiring Salary/Position Classification

$90,000.00, commensurate with experience, exempt

Work Schedule/Start Date

40 hours per week, November 1, 2021

Benefits

Includes single or family health care coverage (premiums paid for by the university), basic life insurance, EAP, retirement plan, tuition waiver, annual and sick leave. Optional benefits available: supplemental life, dental, vision, flexible spending account, supplemental retirement plans.

To Apply

For full consideration, all application materials must be fully submitted by 11:59PM on the closing date.

Additional Information

To find out why living and working in Greater Grand Forks is way cooler, check out Grand Forks is Cooler.

All information listed in this position announcement will be used by Human Resources, the Hiring Department, and EO/Title IX for screening, interviewing and selection purposes.

Confidentiality of Application Materials

Pursuant to NDCC 44-04-18.27, applications and any records related to the applications that identify an applicant are confidential, except records related to the finalists of the position, which are open to the public after the search committee has identified the top three finalists who will be invited to campus.

EEO Statement

The University of North Dakota is an Affirmative Action/Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or other protected characteristic. Women, minorities, veterans, individuals with disabilities, and members of other underrepresented groups are especially encouraged to apply. Applicants are invited to provide information regarding their gender, race and/or ethnicity, veteran’s status and disability status as part of the application process. This information will remain confidential and separate from your application.

Veteran’s Preference

Veterans claiming preference must submit all proof of eligibility by the closing date. Proof of eligibility includes a DD-214 or NGB 22 and if claiming disabled status, a current letter of disability from the VA dated within the last 12 months.

Clery Statement

In compliance with the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act, the University of North Dakota publishes an Annual Security and Fire Safety Report. The report includes the university’s policies, procedures, and programs concerning safety and security, as well as three years’ of crime statistics for our campus. As a prospective employee, you are entitled to a copy of this report. The report and statistical data can be found online at UND.edu. You may also request a paper copy of the report from the UND Police Department located at 3851 Campus Road, Grand Forks, ND, 58202.