Financial Manager - Office of Research - 22168BR
Financial Manager - Office of Research
The position of Financial Manager works in the financial services area of the KU Fiscal Affairs group. This position will provide education, training and business consulting on various sources of funding for research related services. The position has the responsibility for financial reporting, trend modeling, financial analysis and planning, and preparation and review of the organizational budgets for the Core Service Labs within the Office of Research as well as other university research centers and institutes. This position also has the responsibility of reviewing and validating all research service rates established and related to Office of Research funding and sponsored projects.
Works with research directors, faculty, principal investigators and financial officers to prepare rate structures for new and existing laboratory facilities, customer analysis, etc. Provides training on processes, and serves as a point of contact for business issues. Ensures compliance with federal, state and institutional policies and procedures.
Ensures that rates for research service labs/units are reviewed on a minimum of a two-year cycle.
Provides monthly status updates to KU Research management.
45% - Budgeting, Financial Reporting & Analysis
Responsible for all financial reporting needs of the Core Service Labs including, but not limited to, preparation of financial trend analyses; operational strategic planning support (including business plans, with revenue and expense forecasts); and development of metrics to highlight operational activity. Present financial and operational recommendations to the DBFS and the Chief Financial Officer for Research related to core service and other lab facility performance.
Develops annual organizational budgets and quarterly and annual financial reports for the Office of Research core service labs and any designated research units.
Monitors fund utilization and provides Core Service Lab Directors with advice and direction for the development of the annual operating budget based upon the outlined goals and objectives of the unit. Coordinates with the Office of Research/KUCR Finance team to address operational needs and the related budgetary impact.
Works with core lab and other research unit directors and managers to provide information and reports required for annual financial reviews and five year center evaluations.
Monitors the current financial position of the core service labs and other research units and notes any deviation from sound financial practices, develops and recommends appropriate corrective action when necessary, and keeps the KU Research leadership informed about the financial condition of the core and other service labs.
10% - Other Special Projects
Other financial and business process activities as assigned.
- Bachelor's degree in accounting, finance, business administration, economics or an appropriate related field.
- Five years of experience in finance, budgetary management and/or accounting in a large complex organization.
- Excellent written communication skills as demonstrated by application materials.
- Four years of experience with computer applications for fiscal operations and/or experience and proficiency in computer applications for financial analysis and modeling such as spreadsheets and other data analysis tools.
- Excellent analysis and problem- solving skills as demonstrated in work history.
- Minimum of two years' experience in cost analysis or financial/cost modeling.
- At least two years of supervisory experience.
- Master's degree in accounting, finance, business administration or related field.
- Certified Management Accountant (CMA) or Certified Public Accountant (CPA).
- Experience with Oracle financial systems.
- Strong interpersonal skills to facilitate communication among a variety of groups; experience in articulating complex financial concepts, models or results in a clear manner to a broad audience.
- Experience in financial management in a non-profit organization/university research environment that receives sponsored projects from federal, stat and foundations.
- Experience working with diverse groups of people (e.g. researchers, faculty, administrators, students, etc.).
- Working knowledge of Federal and State regulations, such as OMB 2 CFR 200 (Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards).
Additional Candidate Instructions
A cover letter addressing how required qualifications are met
3 Professional References
Incomplete applications will not be considered.
Application review will begin (14 days after posting) and will remain open until a qualified pool of candidates has been identified.