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Associate Director of Financial Planning & Business Operations

Rochester Institute of Technology
Rochester, NY Full Time
POSTED ON 12/17/2024 CLOSED ON 1/13/2025

What are the responsibilities and job description for the Associate Director of Financial Planning & Business Operations position at Rochester Institute of Technology?

Associate Director of Financial Planning & Business Operations

9367BR

Student Affairs

VP Student Affairs


Job Summary

The Associate Director of Financial Planning and Business Operations plays a critical role in ensuring the accuracy, completeness, and compliance of financial, business, and human resource operations within the Student Affairs division. This position partners closely with Associate Vice Presidents (AVPs), Executive Directors (EDs), and other divisional leaders to provide strategic financial analysis, budget management, and support for various funding sources, including operating accounts, gifts, endowments, capital projects, and special initiatives. The Associate Director contributes to workforce development and diversity efforts, collaborating with Human Resources and divisional leaders to align recruiting, hiring, and retention practices with the division's goals.


The Associate Director proactively identifies opportunities for process optimization, ensuring efficient business operations and compliance with university policies. Additionally, this role helps develop strategic solutions for unique operational challenges to support the mission of Student Affairs, which focuses on delivering a comprehensive portfolio of services and programs that enhance student engagement and success.


This position is a crucial partner to the Executive Director, supporting all fiscal and human resource matters and acting as a backup in their absence.




Job Responsibilities:

  • Oversee the fiscal operations for the Student Affairs Portfolio Leaders they support, managing the operating account, capital funds, endowments, gifts, discretionary accounts, and other relevant accounts. Provide strategic planning, forecasting and analysis to ensure financial stability and alignment with divisional goals.
  • Prepare and present complex financial analyses, multi-year budgets, and financial projections.
  • Communicate financial information effectively to diverse stakeholders, translating strategic goals into actionable financial and operational plans.
  • Collaborate with divisional leaders and Human Resources to support workforce development initiatives. This includes overseeing recruitment, hiring, onboarding, compensation strategies, workforce planning, and diversity and inclusion efforts.
  • Serve as the backup for the Executive Director of Financial Planning and Business Operations or Associate Director on all fiscal and human resource matters ensuring continuity of operations in their absence.
  • Participate in ongoing professional development to stay current with best practices trends in higher education financial and business operation



Required Qualifications:

Education:

  • Bachelor's degree in Accounting, Finance, Business, or related field.

Experience:

  • Five to seven years' of progressively responsible experience in fiscal management, business operations and leadership, preferably in a higher education setting.
  • Experience in budgeting, financial modeling, strategic planning, and business analysis is required.
  • Proficiency in enterprise financial systems and advanced skills in Microsoft Office tools for data analysis.

Skills:

  • Strong strategic thinking, interpersonal, written, oral communication, and presentation skills.
  • Provide ability to communicate complex financial information to diverse audiences, including non-financial stakeholders.
  • Ability to work independently and as part of a collaborative team, demonstrating proactive leadership.
  • Well-developed decision-making skills, balancing risk, and potential operational gains/efficiencies judiciously.
  • Excellent organizational and interpersonal skills, with high emotional intelligence and professionalism.
  • Commitment to diversity, equity, and inclusion, with demonstrated ability to work effectively with individuals from diverse backgrounds.
  • Ability to manage confidential information with integrity and discretion.
  • Proven track record of process improvement and operational efficiency in financial and human resource functions.
  • High emotional intelligence, respect, empathy, humility, strong work ethic, and integrity.
  • Ability to manage stress from tight deadlines, multiple projects, and public scrutiny.
  • Adaptability to thrive in an evolving business environment and navigate ambiguity while developing logical systems and processes.



Preferred Qualifications:

  • MBA or MS in a related discipline
  • Professional certification (CPA, CMA, or CIA)
  • Prior experience working within a higher education institution.
  • Familiarity with ASL and Deaf Culture or a willingness to learn.



Department/College Description



Minimum Qualifications

Education:

  • Bachelor's degree in Accounting, Finance, Business, or related field.

Experience:

  • Five to seven years' of progressively responsible experience in fiscal management, business operations and leadership, preferably in a higher education setting.
  • Experience in budgeting, financial modeling, strategic planning, and business analysis is required.
  • Proficiency in enterprise financial systems and advanced skills in Microsoft Office tools for data analysis.

Skills:

  • Strong strategic thinking, interpersonal, written, oral communication, and presentation skills.
  • Provide ability to communicate complex financial information to diverse audiences, including non-financial stakeholders.
  • Ability to work independently and as part of a collaborative team, demonstrating proactive leadership.
  • Well-developed decision-making skills, balancing risk, and potential operational gains/efficiencies judiciously.
  • Excellent organizational and interpersonal skills, with high emotional intelligence and professionalism.
  • Commitment to diversity, equity, and inclusion, with demonstrated ability to work effectively with individuals from diverse backgrounds.
  • Ability to manage confidential information with integrity and discretion.
  • Proven track record of process improvement and operational efficiency in financial and human resource functions.
  • High emotional intelligence, respect, empathy, humility, strong work ethic, and integrity.
  • Ability to manage stress from tight deadlines, multiple projects, and public scrutiny.
  • Adaptability to thrive in an evolving business environment and navigate ambiguity while developing logical systems and processes.




Professional Area:

Employment Category: Fulltime

Staff Job Function: Wage Band: $60900 - $76500

Hourly/Salary Minimum: $60900

Hourly/Salary Maximum: $76500


How to Apply

In order to be considered for this position, you must apply for it at: http://careers.rit.edu/staff. Click the link for search openings and in the keyword search field, enter the title of the position or the BR number.


The direct link to this posting can be found here: https://sjobs.brassring.com/


Additional Details



Rochester Institute of Technology, the 10th largest private university in the U.S., is among the world’s leading technological universities. Its 18,000 undergraduate and graduate students from all 50 states and more than 100 countries are enrolled in over 200 academic programs, including 7 interdisciplinary Ph.D. programs. A pioneer in experiential education, RIT was the first to offer undergraduate degree programs in biotechnology, information technology, software engineering, and microelectronic engineering. As home to the National Technical Institute for the Deaf, the university offers unparalleled academic opportunities and services for the deaf and hard-of-hearing. Founded in 1829, RIT has 115,000 alumni throughout the United States and around the world. RIT has been named by the Chronicle of Higher Education as one of the “Great Colleges to Work For.” RIT is a National Science Foundation ADVANCE Institutional Transformation site, and is responsive to the needs of dual-career couples through the Upstate NY Higher Education Recruitment Consortium. For more information, visit www.rit.edu/overview/rankings-and-recognition and www.rit.edu.


As a member of the RIT community employees receive a well-balanced benefits package that offers a variety of choices and access to additional employment advantages. These benefits, combined with an employee’s pay, provide a total compensation package that can be tailored to meet your needs. More on RIT’s Benefits, Health & Wellness program can be found at: https://www.rit.edu/fa/humanresources/content/benefits-health-and-wellness


RIT does not discriminate. RIT is an equal opportunity employer that promotes and values diversity, pluralism, and inclusion. For more information or inquiries, please visit RIT/TitleIX or the U.S. Department of Education at ED.Gov


Hourly/Salary Minimum: 60900

Hourly/Salary Maximum:76500





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