Senior Director, Business Affairs

Wayne State University

  • Detroit, MI
  • Permanent
  • Full-time
  • 2 months ago
Senior Director, Business AffairsWayne State University is searching for an experienced Senior Director, Business Affairs at its Detroit campus location.Wayne State is a premier, public, urban research university located in the heart of Detroit, Michigan where students from all backgrounds are offered a rich, high-quality education. Our deep-rooted commitment to excellence, collaboration, integrity, diversity and inclusion creates exceptional educational opportunities which prepare students for success in a global society.Essential functions (job duties):The Senior Director, Business Affairs in the College of Pharmacy and Health Sciences, reporting to the Dean, serves as a member of the senior leadership team. Provides and oversees finance and business services for the College of Pharmacy and Health Sciences, including strategic financial planning; budget development, implementation, analysis, transaction reconciliation and reporting; resource allocation; identifying and addressing fiscal opportunities in research; entrepreneurial opportunities in the community with external stakeholders and reports and participates in the resolution of related challenges and risks.Duties:
  • Participate in strategic planning to achieve the organization's mission and provide financial forecasting to inform and aid in the development of operating budgets and capital needs. Collaborate with the Office of Budget and Planning on fiscal planning to align the College and University's fiscal goals.
  • Coordinate and assist in developing College budget requests and budget hearing materials. Monitor all College budgets in accordance with allocation provisions, budget policy and regulations for all fund types. Prepare projections or forecasts of expenses in comparison to budget categories/line items to avoid deficits, optimize use of available funds, and adhere to approved budget parameters.
  • Ensure College budget maintenance, and facilitate the timely processing of budget revisions, financial aspects of personnel employment, and other expenditures.
  • Provide budget reporting information to assist leadership in planning and decision making; develop detailed statistical analyses and reports outlining budget activities. Collaborate with the College leadership to develop and/or improve the quality, efficiency and effectiveness of financial and business processes and services.
  • Attend and participate in budget meetings to better understand the nature and scope of budget requests, answer questions and recommend actions.
  • Ensure appropriate financial/business systems and other reporting tools are developed, implemented and maintained to support timely, effective and efficient execution of decisions making. Maintain internal control systems to assure integrity of financial transactions to prevent errors, omissions and possible fraudulent activity.
  • Ensure effective monitoring and analysis of expenses on a monthly basis and identification of variances and trends.
  • Work with Human Resources (HR) leadership to coordinate processing of the financial components of personnel employment and payroll and to reconcile HR system data to Financial Management System Data.
  • Establish policies and guidelines in financial managements and expenditure processes. Identify areas in which policies and procedures need to be clarified and updated. Communicate with University financial service offices to assure awareness of financial policies, procedures and regulations to serve as a resource to College executive leadership. Provide supportive direction, education, and training to all staff engaged in financial and business process flows within the College of Pharmacy and Health Sciences.
  • Provide ongoing leadership to staff. Partner with HR in talent acquisition initiatives and performance management; coaching, counseling, and staff development opportunities that enhance staff participation and a culture of innovation and continuous improvement.
  • Participate in special projects, as requested. Attend of serve on University committees or task forces as appointed.
Unique duties:Qualifications:
  • Bachelor's degree in business, accounting, or related field from an accredited college or university. Master's degree in business administrations (MBA), accounting or related field preferred
  • Minimum seven years in progressive financial and budget roles, preferably in higher education or a large/complex organization. Experience with a responsibility centered management (RCM) process at a university is desirable.
  • Posses an understanding of administrative systems, preferably in a higher education environment. Demonstrated high level of understanding of School/College/Division business operations or possesses the equivalent profession experience in supporting the business operations of an equivalent size in a non-university organization such as non-profit, corporate or government.
  • Ability to apply analytical and logical thinking to gathering large volume of data and analyzing information, making valid and reliable evaluation of information and proposing alternative solutions to achieve organizational goals. Ability to apply Generally Accepted Accounting Principles (GAAP); ability to apply basic analytical skills; ability to apply budgetary policies and practices.
  • Ability to identify and resolve problems in a timely manner; anticipate the implications consequences of situations and take appropriate action to be prepared for possible contingencies.
  • Strong leadership skills that influence and motivate individuals and groups to achieve results.
  • Knowledge of strategic and mission critical approaches in decision making. Ability to get things done both through formal channels and the informal networks. Ability to work effectively with the Dean/VP/Unit Head to establish and accomplish the mission, strategic plans, goals and objective of the unit.
  • Ability to work independently while establishing and maintaining effective working relationships with a wide variety of constituents. Ability to work with others and make appropriate interventions to ensure work flow is efficient and adequate resources are available.
  • Ability to shift priorities and multi-task on various projects. Ability to develop strategies to achieve organizational goals. Accurately scopes out length and difficulty of tasks and projects. Realistically estimates time and resource requirements on projects.
  • Dedicated to meeting the expectations and requirements of internal and external customers. Ability to establish and maintain effective relationships with customers and gain their trust and respect. Ability to proactively identify customer issues and quickly and effectively resolve customer problems.
  • Posses high ethical standards and respect the confidentiality of information or concerns shared by others. Ability to interpret and understand University policies and applicable laws and regulations to ensure personal and unit compliance.
  • Ability to express oneself clearly, concisely and respectfully in writing and conversations and interactions with others. Demonstrated ability to plan and deliver oral and written communications that are impactful and persuasive, including presentations to university management and committees.
  • Knowledge of key control concepts and application of these in key business processes. Ability to apply and maintain internal controls in the oversight of the budget. Ability to use available tools and create own tools (excel spreadsheets, etc.) as necessary to reconcile accounts and to do budgetary projections and analysis.
Preferred qualifications:School/College/Division:H18 - Pharmacy & Health SciencePrimary department:H1801 - Deans Office Pharmacy/Health SciEmployment type:
  • Regular Employee
  • Job type: Full Time
  • Job category: Staff/Administrative
Funding/salary information:
  • Compensation type: Annual Salary
  • Hourly rate:
  • Salary minimum:
  • Salary hire maximum:
Working conditions:Job openings:
  • Number of openings: 1
  • Reposted position: No
  • Reposted reason: None (New Requisition)
  • Prior posting/requisition number:
Background check requirements:University policy requires certain persons who are offered employment to undergo a background check, including a criminal history check, before starting work. If you are offered employment, the university will inform you if a background check is required.Equal employment opportunity statement:Wayne State University provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. The university encourages applications from women, people of color and other underrepresented people. Wayne State is an affirmative action/equal opportunity employer.

Wayne State University