Executive Director of Financial Operations and

1 week ago

Philadelphia, United States University of Pennsylvania Full time

University Overview

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn’s distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America’s Best Large Employers in 2023.

Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

Posted Job Title

Executive Director of Financial Operations and Planning - Penn Engineering

Job Profile Title

Executive Director A, Business and Finance

Job Description Summary

The Executive Director of Financial Operations and Planning is a pivotal leadership role at Penn Engineering, responsible for overseeing and coordinating all financial operations within the school. Reporting to the Vice Dean for Finance and Administration, this senior staff position will oversee the Penn Engineering Financial Services (PEFS) unit and manage school-wide data and analysis support. The Executive Director will ensure strategic financial planning and management, directly supporting the school's mission and objectives.

**Job Description**:
Job Responsibilities- Financial Management: Develop and implement financial management strategies to support the school’s goals, ensure compliance with regulatory standards, and manage a $370M+ annual budget.- Financial Operations: Oversee all financial operations, including long-term and short-term budget planning and forecasting, ensuring that school resources align with strategic priorities, and oversee a $100M+ sponsored projects portfolio.- Data Management: Oversee and coordinate school-wide data management for financial, HR, student, and space-related information.- Capital Planning: Collaborate with senior staff colleagues to develop and support the five-year capital planning process, ensuring capital investments match the school’s financial capabilities, managing a multi-million dollar capital expense budget annually for short-term and long-term projects.- Gift and Endowment Funds Management: Develop and manage a strategic and responsible spending plan for all gift and endowment funds, ensuring that expenditures are aligned with donor restrictions and leveraged effectively to support the school’s objectives.- Policy Development: Establish, maintain, and communicate financial policies and procedures.- University Representation: Represent the school on university-wide committees.

**Qualifications**:
Bachelor's degree and 7 - 10 years of related experience or an equivalent combination of education and experience. Financial management, budget planning, and forecasting experience. Demonstrated excellent verbal and written communication, interpersonal, and analytical skills.

Job Location - City, State

Philadelphia, Pennsylvania

Department / School

School of Engineering and Applied Science

Pay Range

$90,860.00 - $150,000.00 Annual Rate

Affirmative Action Statement

Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.

Special Requirements

Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

University Benefits- Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family’s health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.- Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.- Retireme

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