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Business and Finance Officer

University of Missouri
Columbia, MO Full Time
POSTED ON 1/11/2024 CLOSED ON 1/24/2024

What are the responsibilities and job description for the Business and Finance Officer position at University of Missouri?

Hiring Department


Business Operations and Strategic Initiatives

Job Description


Reporting to the Vice Chancellor for Business Operations and Strategic Initiatives (VC BOSI), this position is responsible for managing the fiscal and human resource functions for the division including Campus Dining Services, the Mizzou Store, Parking & Transportation, Venue Management, Reservations & Events, Gustin Golf Course, Concert Series, Show-Me-State Games, and KOMU-TV. This position provides oversight and coordination to advance the strategic initiatives and deliverables of the Business Operations department.

The business and finance officer will play an integral role in the planning, forecasting, and integration of critical performance initiatives into the multi-year planning model for the university.

S/he will lead the development, management, and projection of the units operating and capital budgets, including overseeing the development of comprehensive budget and management reports.

Continuous improvement and a transformative mindset will be key to furthering the university’ complex and cross functional business objectives.

The individual represents Business Operations, takes part in discussion and project work, and works to implement designated actions and activities.

S/he must have exceptional communication skills, be flexible, and quickly adapt to rapid change and multiple priorities while maintaining a high level of professionalism.

Responsibilities include:

Partner with department leaders to ensure budget allocations, revenue targets, and financial decisions are in alignment with unit and campus-wide strategic priorities and goals.

Develop, analyze, and present reports to assist with decision-making.

Explore and/or analyze funding opportunities and cost-reduction efficiencies to support a financially sustainable college.

Regularly provide information to leaders including Directors, Deans, Vice Chancellors, community representatives and other external stakeholders.

Assess operating results in terms of profitability and performance against budget.

Recommend operating effectiveness improvements for the units, serving as a trusted advisor to the leadership team.

Provide accurate and timely historical and projected financial and operational information and analysis, including presentation of financial results compared to plan.

Provide advice and counsel to leadership on interpretation of operating results and trends. Assist with recommendations of action plans where required.

Oversee strategic projects with a focus on change management initiatives that require cross functional resource allocation.

In collaboration with unit leadership, create a business model including the market analysis, market-based pricing model for unit functions, and financial plan and projections.

Establish guidelines for budget and forecast preparation and leads the preparation of the annual budget in consultation with the MU Finance & Administration and university senior leadership.

Collaborate with Finance, Human Resources, Joint Office of Strategic Communications & Marketing (JSOCM).

Maintain oversight for projects supporting Business Operations to ensure that all are effectively moving according to plan objectives, resource allocations, established milestones, and measurement criteria. Working with unit leadership, effectively address emergent issues, garner appropriate resources, and resolve issues before they require escalation.

Provide outreach, mentorship, and professional development to staff across the department to build capacity and enable succession planning.

Provide leadership for department-level fiscal staff throughout Business Operations including ensuring effective training, support, and guidance, interpretation of policies, procedures, and best practice advice.

Perform monthly, quarterly, and annual financial oversight including ensuring compliance with policies and procedures, reviewing and/or approving variety of transactions, maintaining signature authority for college-wide purchases, and approving fiscal and human resources security and actions. Oversee the processes of payroll reconciliation, travel authorization, purchasing card reconciliation, internal controls, and other fiscal activities.

Additional duties and responsibilities may be expected to support the mission and priorities of Business Operations and the University of Missouri.

Shift


8:00AM-5:00PM

Monday through Friday

Minimum Qualifications


A bachelor’s degree or an equivalent combination of education and experience and at least 6 years of experience from which comparable knowledge and skills can be acquired is necessary.

Recognizable as a leader, possessing outstanding communication and interpersonal skills.

Ability to quickly establish credibility and rapport with a broad set of executives and constituencies.

Strong results orientation with demonstrated record of accomplishment of success as an Influential leader.

Strong interpersonal skills, presentation and negotiation skills and ability to work in fast-paced and independent environments.

Demonstrated success collaborating across organizational lines to ensure strong working relationships with academic units, research centers, and administration.

Ability in building and sustaining high performing teams.

Experience in liaising with multiple contacts at various levels to achieve results.

High degree of adaptability and ability to drive results though out the organization.

Strong quantitative and technical skills required.

Preferred Qualifications


Master’s degree or other advanced degree in relevant areas of study.

Anticipated Hiring Range


Salary Range: $88,479-$170,000 Annually

Grade: GGS 014

University Title: Director III Business Administration

Internal applicants can determine their university title by accessing the Talent Profile tile in myHR.

Benefit Eligibility


This position is eligible for University benefits. The University offers a comprehensive benefits package, including medical, dental and vision plans, retirement, paid time off, and educational fee discounts. For additional information on University benefits, please visit the Faculty & Staff Benefits website at http://www.umsystem.edu/totalrewards/benefits

Values Commitment

We value the uniqueness of every individual and strive to ensure each person’s success. Contributions from individuals with diverse backgrounds, experiences and perspectives promote intellectual pluralism and enable us to achieve the excellence that we seek in learning, research and engagement. This commitment makes our university a better place to work, learn and innovate.

In your application materials, please discuss your experiences and expertise that support these values and enrich our missions of teaching, research and engagement.

Equal Employment Opportunity

The University of Missouri System is an Equal Opportunity Employer. Equal Opportunity is and shall be provided for all employees and applicants for employment on the basis of their demonstrated ability and competence without unlawful discrimination on the basis of their race, color, national origin, ancestry, religion, sex, pregnancy, sexual orientation, gender identity, gender expression, age, disability, or protected veteran status, or any other status protected by applicable state or federal law. This policy applies to all employment decisions including, but not limited to, recruiting, hiring, training, promotions, pay practices, benefits, disciplinary actions and terminations. For more information, visit https://www.umsystem.edu/ums/hr/eeo or call the Director of Employee and Labor Relations at 573-882-7976.

To request ADA accommodations, please call the Director of Accessibility and ADA at 573-884-7278.

Salary : $88,479 - $170,000

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