Director of Business Services
| Company | University of Texas – Austin |
|---|---|
| Location | Austin, TX, USA |
| Salary | $120000 – $120000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Bachelor’s degree in finance, accounting, business administration, or a related field.
- At least eight years of experience in financial management, budgeting, or accounting, preferably in higher education or a complex organizational setting.
- Strong analytical skills with the ability to interpret financial data and provide strategic recommendations.
- Proficiency in financial reporting systems, spreadsheets, and enterprise resource planning (ERP) software.
- Excellent communication and collaboration skills, with the ability to interact effectively with diverse stakeholders.
- Experience supervising administrative staff.
Responsibilities
- Lead the development, management, and monitoring of the department’s annual budget, ensuring alignment with university policies and priorities.
- Provide financial forecasts, multi-year budget planning, and variance analyses to support strategic planning efforts.
- Identify opportunities for cost savings and revenue generation while maintaining financial sustainability.
- Continuously assess and enhance financial workflows, reporting structures, and budgetary processes to improve efficiency and effectiveness.
- Stay informed of industry trends, university policies, and financial regulations that impact departmental operations.
- Lead the adoption of new financial tools and technologies that enhance budget planning and financial analysis capabilities.
- Monitor expenditures, reconcile financial records, and ensure compliance with university policies, state and federal regulations, and grant requirements.
- Develop and implement internal financial controls to safeguard departmental resources.
- Prepare and review financial reports, ensuring accuracy and timely submission to university leadership and stakeholders.
- Serve as a financial consultant to department leadership, providing analysis and recommendations on budgetary matters, financial risks, and funding strategies.
- Collaborate with university finance offices, grants management teams, and other administrative units to ensure consistency and best practices in financial operations.
- Oversee HR operations for the department, including hiring, onboarding, and personnel management in collaboration with department leadership and unit directors.
- Ensure compliance with university HR policies, employment laws, and best practices related to employee relations, benefits, and compensation.
- Serve as a liaison between department leadership and the Director of Human Resources for the Division of Student Affairs, assisting with performance management, professional development initiatives, and employee engagement strategies.
- Consult with department leadership in the development of employee action plans and staff management.
- Manage position funding allocations, salary planning, and workforce planning to align with budgetary constraints and departmental needs.
- Oversee a senior administrative associate focused on departmental finances and human resources functions.
- Oversee the student government financial advisor and provide direction for financial processes for student governance organizations, including student organization funding allocation, scholarship funds, reconciliation, and compliance.
- Provide training and functional oversight for departmental leadership regarding budgeting procedures.
Preferred Qualifications
- Master’s degree in business administration, finance, public administration, or a related field.
- Experience in university budget planning and financial operations.
- Experience with UT System financials and processes.
- Knowledge of fund accounting, grants management, and higher education financial regulations.
- Familiarity with financial software such as PeopleSoft, Workday, or similar platforms.