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For Companies At a Glance
- Tasks: Lead financial planning and oversee budgets for health sciences at ODU.
- Company: Join Old Dominion University, a vibrant hub for health sciences education.
- Benefits: Enjoy competitive pay, professional development, and a supportive work culture.
- Why this job: Make a real impact in healthcare education while developing your leadership skills.
- Qualifications: Bachelor's in Business or Finance; leadership experience in higher education preferred.
- Other info: Located in Norfolk, VA, with opportunities for collaboration and innovation.
The predicted salary is between 43200 - 72000 £ per year.
The Director/Senior Director for Business Affairs is a key leadership role within the Macon and Joan Brock Virginia Health Sciences at Old Dominion University (ODU). Reporting to the Associate Vice President for Finance and Business Affairs, this position provides strategic and operational financial leadership for the College of Health Sciences, the Joint School of Public Health, and the School of Nursing. The Director/Sr. Director is responsible for overseeing complex financial structures comprising general funds, contractual funds, discretionary/gift funds, and endowment funds. This role ensures sound financial planning, stewardship, compliance, and business operations across the assigned academic units.
Responsibilities
- Lead long-range financial and strategic planning for the College and Schools.
- Partner with Deans to develop, monitor, and manage budgets in compliance with university, state, and federal regulations.
- Ensure internal controls and appropriate oversight are in place for all fund types, including general, development, and endowment funds.
- Provide regular financial reporting and analysis to college/school leadership, with guidance on interpretation and planning.
- Support the development of financial models for new program planning.
- Advise leadership on financial, operational, and administrative matters.
- Ensure adherence to spending, contracting, and reconciliation procedures in alignment with institutional guidelines.
- Partnering with the Division of Talent Management and Culture may oversee human resources functions within the division including organizational planning, recruitment, performance management, and staff development.
- Provide general oversight of other administrative and business units as required.
- Serve as a liaison to internal and external stakeholders on behalf of the AVP.
- Evaluate operational practices for effectiveness, recommending and implementing improvements.
- Lead or manage special projects and initiatives related to business operations.
- Deliver guidance and training to stakeholders on financial systems and procedures.
Qualifications
- Bachelor’s degree in Business Administration, Finance, Accounting, or related field.
- Progressive leadership experience in financial and business operations in a higher education or complex organizational setting.
- Demonstrated knowledge of budget development, fund management, and compliance standards.
- Experience working with multiple fund types including state, gift, endowment, and grant/contract funds.
- Strong analytical, strategic thinking, and problem-solving skills.
- Excellent communication, interpersonal, and leadership abilities.
PREFERRED QUALIFICATIONS:
- Master’s degree in Business Administration, Public Administration, or related field.
- Experience in an academic health sciences environment or public higher education institution.
- Familiarity with Banner or other enterprise financial and HR system.
Senior Director, Business Management employer: eBanqo Inc
Contact Detail:
eBanqo Inc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Director, Business Management
✨Tip Number 1
Network with professionals in the higher education sector, especially those involved in financial management. Attend relevant conferences or workshops to meet potential colleagues and learn about industry trends.
✨Tip Number 2
Familiarise yourself with the specific financial systems used in academic institutions, such as Banner. This knowledge can set you apart from other candidates and demonstrate your readiness for the role.
✨Tip Number 3
Prepare to discuss your experience with various fund types during interviews. Be ready to provide examples of how you've managed budgets and ensured compliance in previous roles.
✨Tip Number 4
Showcase your leadership skills by highlighting any experience you have in managing teams or projects. Be prepared to discuss how you've improved operational practices in past positions.
We think you need these skills to ace Senior Director, Business Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial leadership, particularly in higher education or complex organisational settings. Emphasise your skills in budget development and fund management, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the responsibilities of the Senior Director position. Mention specific examples of your strategic planning and operational leadership that demonstrate your capability to oversee complex financial structures.
Highlight Relevant Qualifications: Clearly state your educational qualifications, especially if you hold a Master’s degree in Business Administration or a related field. Also, mention any experience with financial systems like Banner, as this is preferred for the role.
Showcase Leadership Skills: Provide examples of your leadership abilities in your application. Discuss your experience in managing teams, advising on financial matters, and improving operational practices, as these will be key aspects of the role.
How to prepare for a job interview at eBanqo Inc
✨Understand the Financial Landscape
Make sure you have a solid grasp of financial management principles, especially in a higher education context. Be prepared to discuss your experience with various fund types and how you've managed budgets in compliance with regulations.
✨Showcase Strategic Leadership Skills
Highlight your ability to lead long-range financial planning and strategic initiatives. Prepare examples of how you've partnered with leadership to develop and monitor budgets, ensuring alignment with institutional goals.
✨Demonstrate Analytical Prowess
Be ready to discuss your analytical skills and how you've used them to provide financial reporting and analysis. Share specific instances where your insights led to improved financial decision-making or operational practices.
✨Communicate Effectively
Strong communication is key for this role. Practice articulating complex financial concepts in a clear and concise manner. Be prepared to explain how you've delivered guidance and training to stakeholders on financial systems and procedures.
