Director, Finance & Operations

Drexel University; Philadelphia (Philadelphia County); On-site; USD 100,000 - 150,000; Full time

Job summary

Drexel University in Philadelphia seeks a Director of Finance and Operations to oversee budget management, financial controls, and administrative duties for the College of Nursing and Health Professions. The role collaborates with senior leadership to support strategic decisions and manage data analysis for academic programs.

The position requires a Bachelor’s in accounting/finance (or related field) and 7+ years in finance, including higher education, with strong analytical and communication

Qualifications

• Bachelor's degree in accounting or finance or related field.
• 7+ years of experience in finance and/or accounting, with higher education experience.
• Strong analytical, communication, and interpersonal skills.
• Ability to present financial models to varied audiences.
• Proficiency with Drexel financial systems (Web Finance, Web Salary).

Responsibilities

• Analyze budgets and manage financial transactions for CNHP.
• Develop budget projections including 5-year models.
• Provide financial analyses to support strategic decisions.
• Prepare financial reports for leadership and external bodies.
• Train staff on Drexel systems such as EPAF, Payment Net, Smart Source, Page Up.
• Oversee HR/payroll related concerns and asset management.

Skills

Budget management

Financial analysis

Academic/HE finance

Communication

ERP/financial software

Data reporting

Leadership collaboration

Education

Bachelor's degree in accounting/finance

Tools

Web Finance

Web Salary

Job description

Job Summary

The Director of Finance and Operations performs a variety of functions related to business operations, including, but not limited to, budget management, financial and administrative duties including personnel matters for designated divisions within the College of Nursing and Health Professions. This position is responsible for developing and managing procedures needed to ensure appropriate compliance, fiscal controls, budget management and overall fiscal accountability. This position is also responsible for the College's academic programs data analysis and will work closely with senior leadership in the College to support both short and long-term strategic decision making.

Essential Functions

• Finance
  • Analyzes the Responsibility Centered Management (RCM) budgeting model and develops strategies and make recommendations for the College in regard to program growth, resource allocation, efficiencies, and overall financial success within the RCM model
  • Develops budget projections, including 5-year models, using enrollment and other program data
  • Provides academic programs with detailed analyses on program growth and revenue generation to be used in the decision-making process when allocating resources
  • Manages projects as requested by College Leadership, including environmental scans to identify best practices for financial management including RCM, indirect recovery, RBO and other models using both internal and external sources
  • Manages and tracks all financial transactions; preparation of annual budget reports, business activity reports and financial position forecasts
  • Tracks and reconciles account revenue & expenses for all College funds
  • Analyzes financial details of past, present and expected operations to identify areas where improvements are needed
  • Prepares financial reports for College leadership and University administrators as well as external agencies, i.e. accrediting bodies
  • Provides training and assistance to CNHP staff on Drexel systems, such as the EPAF system, Payment Net, Smart Source, and Page Up
  • Responsible for tracking completion rates and effectively communicating with all faculty and professional staff for the Annual Enterprise Learning requirements to ensure 100% compliance across the college
  • Posts open positions for adjunct, staff and faculty positions in the applicant tracking system
  • Act as the custodian for the asset management approval process
• Administration
  • Serves as an advisor to Dean and College leadership & assists in facilitating effective decision making
  • Regularly collaborates with HR Business Partner to develop strategies related to workforce planning, retention plans and ensure compliance with HR policies and procedures
  • Oversees the hiring process for all College hires including the drafting of faculty contracts
  • Assist chairs and administrators with problems involving personnel matters and payroll issues
  • Provides reporting for new hires and terminations to College administrators
  • Acts as a liaison to Human Resources, HRIS, Payroll, Procurement and other University offices
  • Reviews, revises and maintains job descriptions for staff members and faculty serving in administrative roles
  • Maintains departmental and personnel files
• Data Analysis
  • Provide leadership with data needed to make strategic decisions with regard to enrollment, research, pedagogy, and recruitment by performing qualitative and quantitative data analysis.
  • Gather and analyze college level data to submit to external sources (accreditations, US News, etc.)
  • Assist in reviewing accreditation standards and providing data and feedback for self-study reviews and support developing assessment measures for accreditation reports.
  • Support the development of appropriate processes, structures, tools, and resources for the college to execute strategic priorities by presenting recommendations, alternatives, and implications based on data analysis.
• Facilities
  • Assist with facilities operations at CNHP locations in the Health Sciences Building and the Academic Building
  • Assist with contracted services and vendors supporting CNHP facilities Other duties as assigned.

Required Qualifications

• Minimum of a Bachelor's Degree in Accounting, Finance, or related field or the equivalent combination of education and work experience.
  • (Please review the Equivalency Chart for additional information.)
• Minimum of 7+ years of experience
• Minimum of seven years' experience in finance and/or accounting and experience in higher education
• Possess excellent oral, written, analytical and interpersonal skills
• Ability to outline and present financial models and analyses for various audiences
• Excellent computer skills including the ability to master software applications related to the role
• Possess subject matter expertise including knowledge of Web Finance, Web Salary and other Drexel University financial management tools

Preferred Qualifications

• MBA preferred
• Ability to work collaboratively with leadership, faculty, and staff
• Ability to work independently and with initiative in planning and implementing
• Possess strong customer service focus

Physical Demands

• Typically sitting at a desk/table

Location

• University City - Philadelphia, PA

Additional Information

This position is classified as Exempt, grade N. Compensation for this grade ranges from $99,720.00 to $149,580.00 per year. Please note that the offered rate for this position will vary based on the successful candidate's qualifications and experience, department budget, and an internal equity review.