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Director of Financial Operations, TMW Center - JR26451-3800

at University of Chicago in Chicago, Illinois, United States

Job Description

Department

BSD SUR - OHNS: Thirty Million Words

About the Department

The TMW Center for Early Learning + Public Health at the University of Chicago develops, tests, and implements evidence-based interventions designed to promote very young children's cognitive and social-emotional development, with a priority placed on that of children living in poverty. TMW Center interventions are designed to be overlaid onto existing health, education, and social service systems working at scale in a given community in order to meet families where they already are. The TMW Center has a robust research and development strategy that includes further development and testing of TMW interventions; harnessing technology to support behavior change, intervention engagement, and analysis; and furthering strategies to engage parents in the TMW Center's interventions across the health, early learning, and social service sectors.

Job Summary

The Director of Financial Operations of the TMW Center for Early Learning + Public Health at the University of Chicago (TMW) provides specialized financial knowledge and breadth of expertise enabling leaders to meet organizational needs. This position reports directly to the Co-Director/Principal Investigator (PI) and collaborates closely with senior leadership to develop and deliver high quality information and perspective to offer strategic analysis to help ensure long term financial sustainability and viability.

Responsibilities
  • Leads the development and analysis of monthly, quarterly, and annual financial planning cycles including the creation of long- and short-term budgets that align with founder's vision and comply with grant requirements.
  • Prepares financial analysis, communicates financial results, operational overview, and strategic recommendations to senior management in a concise, clear, and timely manner.
  • Timely and accurately prepares full center and programmatic budgets and other reports.
  • Collaborates with PI and COO to price out programmatic work, create budgets for funding proposals and envision forecasts and long-range strategic plans.
  • Provides specialized analysis and administration of the project budgets. Works with PI and Project Managers to stay on track operationally and fiscally with project deliverables.
  • Reports to TMW Center Leadership on variances between the project budgets and actual performance and recommends revised procedures to ensure compliance to funders and TMW Center's strategic goals.
  • Conducts quantitative and qualitative analyses to monitor and manage expense optimization by identifying market drivers and planning for a variety of scenarios.
  • Collaborates with leadership in the development and implementation of operating systems, policies, and structures to support organizational goals and sustainability.
  • In partnership with other teams, establishes robust systems and streamline processes to enhance manufacturing, supply chain management, customer service, data collection, and security.
  • Collaborates regularly with PI, and other Center leadership for strategic alignment of resources and operations.
  • Assists with submissions to funders and ensures fulfillment of grant and contract deliverables.
  • Manages staff salary adjustments and retention in collaboration with PI and University HR professionals.
  • Manages the timely completion of content and financials for grant progress reports.
  • Develops strong partnerships with a wide range of key University partners including the Budget Office, University Research Administration, Financial Services, Procurement, and Office of Legal Counsel.
  • Serves as contracts liaison to TMW staff, vendors, and University. Guides TMW staff to develop SOW and project budget. Routes and submits required documentation. Ensures TMW's timely and accurate submission of competitive bids to University.
  • Works with TMW managers to manage consultant relationships and monitor fulfillment of contract deliverables.
  • Serves as an experienced liaison interacting with financial administrators within operational units on financial, budget or accounting matters to prepare, advise and recommend.
  • Conducts quantitative and qualitative analyses to monitor and manage for expense optimization by identifying market drivers, enhance strategies, or improve revenue generation.
  • Provides financial input based on the development of data collection, metrics, reports and other analytical applications.
  • Analyze, organize and communicate business information to ensure deliverables are meeting or exceeding expectations.
  • Performs other related work as needed.

Minimum Qualifications

Education:
Minimum requirements include a college or university degree in related field.
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Work Experience:
Minimum requirements include knowledge and skills developed through 7+ years of work experience in a related job discipline.
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Certifications:

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Preferred Qualifications

Education:
  • Bachelor's Degree in Finance, Business, Healthcare Management, or a related field.

Experience:
  • Experience leading the end-to-end development of budgets, strategic business plans, year-end reporting and analysis, internal and external audit, forecasts, and monthly results analysis in higher education, government, or industry.
  • Proven record of increased responsibility in audit, risk mitigation and compliance, financial planning and analysis, accounting, grant administration, controllership, change and project management, process improvement, operations transformation, and internal controls optimization roles highly preferred.
  • Prior experience in supervising, team building, and team development.

Preferred Competencies
  • Strong analytical skills.
  • Strong problem solving skills.
  • Strong communication skills, both written and oral.
  • Strong organization skills and attention to detail.
  • Ability to manage multiple projects with multidisciplinary partners simultaneously.
  • Ability to interface effectively with all levels of management.
  • Ability to work independently and as part of a team.

Application Documents
  • Resume (required)
  • Cover Letter (required)

When applying, the document(s) MUSTbe uploaded via the My Experience page, in the section titled Application Documents of the application.

Job Family

Financial Management

Role Impact

Individual Contributor

FLSA Status

Exempt

Pay Frequency

Monthly

Scheduled Weekly Hours

40

Benefits Eligible

Yes

Drug Test Required

No

Health Screen Required

No

Motor Vehicle Record Inquiry Required

No

Posting Statement

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, national or ethnic origin, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.

We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages a diversity of perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange.

All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.

The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at:http://securityreport.uchicago.edu.Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.
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Job Posting: 11948119

Posted On: Jun 03, 2024

Updated On: Jul 03, 2024

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