A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.
The University of Michigan Library is one of the world’s largest academic research libraries and serves a vibrant university community that is home to 19 schools and colleges, 100 top ten graduate programs, and annual research expenditures approaching $1.5 billion a year. To enable the university’s world-changing work and to serve the public good, the library collects, preserves, and shares the scholarly and cultural record in all existing and emerging forms, and leads the reinvention of the academic research library in the digital age.
The Finance Director is responsible for establishing long-range goals, strategies, plans and policies relating to the budget and finance functions of the University of Michigan Library. The Finance Director works closely with the Dean and Associate Dean on a wide variety of initiatives and projects including budget, administrative strategy, initiative implementation, and capital projects. This role is responsible for the planning and management of the Library’s entire $70 MM budget portfolio while also providing consultation related to overall resource management with the authority delegated by the Associate Dean to act in relevant areas. The Finance Director will demonstrate collaboration and innovation, while building integrity as a service-oriented leader.This position manages the Finance Department within the Library Deans’ Office. Within the Finance Department there are two teams, Budget Analysts and Financial Specialists, each with a team lead. The Library is committed to recruiting and retaining a diverse workforce and encourages all employees to fully incorporate their diverse backgrounds, skills, and life experiences into their work. The Library’s Diversity Strategic Plan is at https://www.lib.umich.edu/diversity-equity-inclusion-accessibility/diversity-strategic-plan.
Plan, develop, organize, implement, direct and evaluate the budget and finance functions and performance to assure long-term financial strength and capacity while maintaining flexibility to respond to program opportunities and financial contingencies as they arise.
Guide the successful operation of the accounting/financial functions for fund areas, including general, designated, gift and other funds, in accordance with generally accepted accounting principles, federal and state regulatory requirements and University policies.
Provide timely and comprehensive financial reports and analyzing financial trends in order to assist the Deans and the library leadership team in making decisions and allocating resources.
Ensure effectiveness and efficiency in the business operations and ensure the existence of appropriate internal controls to execute the financial stewardship responsibilities of the Library.
Ensure compliance with university, local, state, and federal budgetary reporting requirements.
In conjunction with the Associate Dean, coordinate the budget planning and financial management activities as they interface with the University’s Provost and Chief Financial Officer offices.
Influence overall Library leadership as part of the Deans’ Office leadership team.
Oversee long-term budgetary planning and cost management to assure alignment with the Library’s goals and strategic priorities.
Assess organizational performance against both the annual budget and the Library’s long-term strategy.
Enhance and/or develop, implement and enforce policies and procedures by way of systems that will improve the overall operation and effectiveness of the organization.
Lead the Library Finance department by selecting, training, managing, evaluating, coaching, and counseling staff.
Bachelor’s degree in accounting, finance, business or a related field and eight years of relevant work experience, or an equivalent combination of relevant education and experience.
Successful record of managing financial operations and budgets to support organizational priorities.
Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles and federal and state financial regulations.
Experience in strategic planning and execution with strong analytical skills and experience interpreting a strategic vision into an operational model.
Ability to produce and analyze financial data as well as prepare financial reports, statements, and projections.
Excellent verbal and written communication, diplomacy, discretion, and presentation skills.
Proven ability to lead and work in a team environment to drive process improvement and manage organizational change.
Ability to work effectively in a dynamic environment with multiple and sometimes conflicting priorities.
Proficiency in MS Office applications (Word, Excel, PowerPoint) and Google Docs.
Ability to understand diverse perspectives and acknowledge the significance of differences and complexities in background, cultures, values and viewpoints as the foundation for an inclusive environment.
MBA or graduate-level degree in Finance or Accounting
Experience working on or with Facilities or Building Management functions to decide, plan, and implement uses of building space.
This position receives 24 days of vacation a year, and 15 days of sick leave a year with provisions for extended benefits, as well as opportunities for professional development and travel. TIAA-CREF and Fidelity Investments retirement options available.
Applications will be reviewed as received throughout the posting period and continue until the position is filled.
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.
The University of Michigan is an equal opportunity/affirmative action employer.
Internal Number: 176214
About University of Michigan - Ann Arbor
A great university is made so by its faculty and staff, and Michigan is recognized as one of the best universities to work for in the country. The Michigan culture is known for engaging faculty and staff in all facets of the university to create a workplace that is vibrant and stimulating.For two consecutive years, the Chronicle of Higher Education has placed U-M in its "Great Colleges to Work For" survey. In particular, the university earns high marks for strong relations between faculty and administrators, a collaborative system of governance, strong pay and benefits, and a healthy work/life balance.