Athletics Chief Business Officer

3 weeks ago

East Lansing, United States Michigan State University Full time

Working/Functional Title

Position Summary

The successful candidate will oversee business operations and manage the financial strategy of the Department of Intercollegiate Athletics including oversight of strategic projects, long-range planning, and analytics. This individual will lead all financial administration, business planning, budgeting, and have oversight of day-to-day operations and staff of the Athletics Business Office. Responsibilities will include, but are not limited to:

Implement and oversee departmental budgetary policies and procedures for all sports and all administrative units. Develop and manage short and long-term financial strategy, operational and capital budgets, sustainable forecasting processes, and financial performance. Identify financial trends and potential business opportunities to provide strategic recommendations to executive leadership to optimize profitability and organizational efficiency, while safeguarding the organization's financial assets. Lead efforts to effectively manage cash flow, ensure funding availability, and provide timely and accurate analysis of budgets, and revenue streams to support decision-making across the organization. Develop and implement inventory management and life cycle replacement plan for Athletics Department assets. Oversee and manage the procurement process and athletic contracting. Collaborate extensively with internal and external partners on maximizing the department’s revenue growth opportunities through sponsors, licensing, and other external partners. Collaborate extensively with facilities and Capital Projects staff to develop and implement capital plans for facility maintenance, renovations, and new construction. Analyze, negotiate, and make recommendations on the financial aspects of contractual agreements. Maintain an understanding of current national issues facing NCAA member institutions to forecast financial strategy to align with the department’s objectives and growth plans. Develop and oversee accounting controls to ensure compliance with University policies and procedures, as well as Big Ten Conference, NCAA, and Federal rules and regulations. Regular reporting and communication to athletic department units and leadership. Other duties as assigned

Equal Employment Opportunity Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, age, disability or protected veteran status.

Required Degree

Bachelors

Desired Degree

Masters

Minimum Requirements

Bachelor's Degree in Accounting, Business, or a related field Extensive and progressively more responsible and expansive work experience in financial or accounting practices Extensive experience in financial strategy, including forecasting and market analysis The ability to anticipate future consequences and trends accurately, and articulately paint credible pictures and visions of possibilities and likelihoods

Desired Qualifications

CPA or Master's Degree 15 years in a finance leadership role with oversight of policy, processes and staff Extensive experience in the business operations of a comparable institution and athletics department

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