Financial Manager
Texas Christian University
Fort Worth, TX
Full-time
Finance
Posted on April 16, 2024
Job Summary:
The Financial Manager is responsible for developing, overseeing and managing the procedures and processing of departmental, grant, and contract budgets, financial and accounting operations, and performing advanced financial and budget management, analysis, and modeling. This position is also responsible for input into policy development and will be expected to interpret business, human resources, and student financial policies to IBR employees, students, and other stakeholders. The Financial Manager will compile and analyze both statistical and financial data and provide reports to senior management. This position also identifies opportunities for budget efficiency and savings.
Duties & Essential Job Functions:
1. Manages budget codes for the IBR including: assigning all budget project codes for department, validating budget coding for accounts payable invoices and approving payments, confirming funding availability, providing and approving budget codes on grants and contracts.
2. Coordinates payroll setup with Human Resources for all student and temporary employees. Verifies and approves payroll hours to be paid for student workers and temporary employees.
3. Reconciles and submits corrections for all general ledger entries.
4. Archives and maintains all financial and personnel records pertinent to the IBR
5. Prepares financial reports and presentations by providing trends and forecasts; comparing data with previous years, analyzing results and drawing logical conclusions; explaining processes and techniques; preparing recommendations. Provides financial reporting as requested by Director.
6. Analyzes financial budget performance and providing trend analysis recommendations for budget compliance.
7. Monitors budget activity and cash flows in conjunction with all operational aspects of the office and ensures financial forecasts accurately contemplate annual and multi-year operating trends. Regularly ensures that financial activity reflected in PeopleSoft reconciles with expected results from University offices including Financial Office and the Provost's Office.
8. Works with IBR leadership as an institution to develop and refine strategic forecasts, as well as prepare responses and detailed analyses for financial planning and budget approvals
9. Translates university, state, and federal Financial, Budgetary and Technology-related policies and processes into documented communications that uniquely apply to department. Works with school and university leadership to refine and improve the quality and efficiency of financial processes.
10. Advises the Director and other department leadership on impact of budget commitments and communicates arising matters.
11. Provides the Director with current year and multi-year financial projections.
12. Performs other related duties as assigned.
Required Education & Experience:
• Bachelor's Degree
• 5 years of experience in accounting/bookkeeping
Preferred Education & Experience:
• Experience working with financial software and PeopleSoft or similar platforms
• Proficiency using/troubleshooting technology including computers, software, digital projectors and platforms
Required Licensure/Certification/Specialized Training:
• None
Preferred Licensure, Certification, and/or Specialized Training:
• Proficiency in Cobblestone or other contract management systems
• Proficiency in Microsoft Office Suite, particularly Word and Excel, and Zoom or other virtual meeting software
Knowledge, Skills & Abilities:
• Knowledge of customer service techniques.
• Knowledge of general budget terminology and methodology.
• Skill in analyzing, evaluating and reporting quantitative data, and ability to extract and analyze financial data in a computerized environment.
• Ability to demonstrate strong and detailed analytical, problem solving and research capabilities, and communicate results in clear and concise financial and written reports.
• Ability to work collaboratively and effectively with others.
• Ability to exercise independent judgement and initiative.
• Ability to review and interpret data and make recommendations to improve and streamline processes.
• Ability to communicate clearly, both orally and in writing.
• Ability to work independently as well as on team based projects.
• Ability to manage multiple projects and meet strict deadlines.
• Knowledge of financial budgets, planning and analysis in a complex multi-cost center environment.
• Knowledge of project management techniques.
• Knowledge of information warehouse and business intelligence software tools.
TCU Core Competencies:
University Core Competencies definitions may be found on the Human Resources website and in the staff performance management system.
Physical Requirements (With or Without Accommodations):
• Visual acuity to read information from computer screens, forms and other printed materials and information.
• Able to speak (enunciate) clearly in conversation and general communication.
• Hearing ability for verbal communication/conversation/responses via telephone, digital and video platforms, and face-to-face interactions.
• Manual dexterity for typing, writing, standing and reaching, flexibility, body movement for bending, crouching, walking, kneeling and prolonged sitting.
• Lifting and moving objects and equipment up to 10 lbs.
Work Environment:
• Work is indoors and sedentary and is subject to schedule changes and/or variable work hours.
• This role is an on campus, in-person position.
• There are no harmful environmental conditions present for this job.
• The noise level in this work environment is usually moderate.
AA/EEO Statement:
As an AA/EEO employer, TCU recruits, hires, and promotes qualified persons in all job classifications without regard to age, race, color, religion, sex, sexual orientation, gender, gender identity, gender expression, national origin, ethnic origin, disability, genetic information, covered veteran status, or any other basis protected by law.
The Financial Manager is responsible for developing, overseeing and managing the procedures and processing of departmental, grant, and contract budgets, financial and accounting operations, and performing advanced financial and budget management, analysis, and modeling. This position is also responsible for input into policy development and will be expected to interpret business, human resources, and student financial policies to IBR employees, students, and other stakeholders. The Financial Manager will compile and analyze both statistical and financial data and provide reports to senior management. This position also identifies opportunities for budget efficiency and savings.
Duties & Essential Job Functions:
1. Manages budget codes for the IBR including: assigning all budget project codes for department, validating budget coding for accounts payable invoices and approving payments, confirming funding availability, providing and approving budget codes on grants and contracts.
2. Coordinates payroll setup with Human Resources for all student and temporary employees. Verifies and approves payroll hours to be paid for student workers and temporary employees.
3. Reconciles and submits corrections for all general ledger entries.
4. Archives and maintains all financial and personnel records pertinent to the IBR
5. Prepares financial reports and presentations by providing trends and forecasts; comparing data with previous years, analyzing results and drawing logical conclusions; explaining processes and techniques; preparing recommendations. Provides financial reporting as requested by Director.
6. Analyzes financial budget performance and providing trend analysis recommendations for budget compliance.
7. Monitors budget activity and cash flows in conjunction with all operational aspects of the office and ensures financial forecasts accurately contemplate annual and multi-year operating trends. Regularly ensures that financial activity reflected in PeopleSoft reconciles with expected results from University offices including Financial Office and the Provost's Office.
8. Works with IBR leadership as an institution to develop and refine strategic forecasts, as well as prepare responses and detailed analyses for financial planning and budget approvals
9. Translates university, state, and federal Financial, Budgetary and Technology-related policies and processes into documented communications that uniquely apply to department. Works with school and university leadership to refine and improve the quality and efficiency of financial processes.
10. Advises the Director and other department leadership on impact of budget commitments and communicates arising matters.
11. Provides the Director with current year and multi-year financial projections.
12. Performs other related duties as assigned.
Required Education & Experience:
• Bachelor's Degree
• 5 years of experience in accounting/bookkeeping
Preferred Education & Experience:
• Experience working with financial software and PeopleSoft or similar platforms
• Proficiency using/troubleshooting technology including computers, software, digital projectors and platforms
Required Licensure/Certification/Specialized Training:
• None
Preferred Licensure, Certification, and/or Specialized Training:
• Proficiency in Cobblestone or other contract management systems
• Proficiency in Microsoft Office Suite, particularly Word and Excel, and Zoom or other virtual meeting software
Knowledge, Skills & Abilities:
• Knowledge of customer service techniques.
• Knowledge of general budget terminology and methodology.
• Skill in analyzing, evaluating and reporting quantitative data, and ability to extract and analyze financial data in a computerized environment.
• Ability to demonstrate strong and detailed analytical, problem solving and research capabilities, and communicate results in clear and concise financial and written reports.
• Ability to work collaboratively and effectively with others.
• Ability to exercise independent judgement and initiative.
• Ability to review and interpret data and make recommendations to improve and streamline processes.
• Ability to communicate clearly, both orally and in writing.
• Ability to work independently as well as on team based projects.
• Ability to manage multiple projects and meet strict deadlines.
• Knowledge of financial budgets, planning and analysis in a complex multi-cost center environment.
• Knowledge of project management techniques.
• Knowledge of information warehouse and business intelligence software tools.
TCU Core Competencies:
University Core Competencies definitions may be found on the Human Resources website and in the staff performance management system.
Physical Requirements (With or Without Accommodations):
• Visual acuity to read information from computer screens, forms and other printed materials and information.
• Able to speak (enunciate) clearly in conversation and general communication.
• Hearing ability for verbal communication/conversation/responses via telephone, digital and video platforms, and face-to-face interactions.
• Manual dexterity for typing, writing, standing and reaching, flexibility, body movement for bending, crouching, walking, kneeling and prolonged sitting.
• Lifting and moving objects and equipment up to 10 lbs.
Work Environment:
• Work is indoors and sedentary and is subject to schedule changes and/or variable work hours.
• This role is an on campus, in-person position.
• There are no harmful environmental conditions present for this job.
• The noise level in this work environment is usually moderate.
AA/EEO Statement:
As an AA/EEO employer, TCU recruits, hires, and promotes qualified persons in all job classifications without regard to age, race, color, religion, sex, sexual orientation, gender, gender identity, gender expression, national origin, ethnic origin, disability, genetic information, covered veteran status, or any other basis protected by law.
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