Chief Financial Officer

Company: University of Minnesota
Location: Minneapolis
Posted on: June 1, 2025

Job Description:

Join to apply for the Chief Financial Officer role at University of Minnesota.Get AI-powered advice on this job and more exclusive features.About The JobThe Chief Finance Manager / Officer (CFM/CFO) is responsible for overseeing the financial operations of the Humphrey School of Public Affairs, ensuring effective budgeting, compliance, financial reporting, and internal controls. This position serves as an advisor to the Dean and Executive Leadership Team on financial matters, providing insight and analysis to support decision-making while ensuring fiscal responsibility across the School.The CFM/CFO manages a team and will participate in leadership meetings related to financial planning, compliance, and resource allocation, ensuring financial stewardship aligns with institutional goals.Key Responsibilities

• Financial Strategy & Leadership Support (30%)

• Serve as the primary financial advisor to the Dean and Executive Leadership Team on budgeting, forecasting, and financial health.
• Participate in leadership discussions, retreats, and decision-making forums impacting strategic goals.
• Collaborate with the Dean to develop financial models, projections, and reports to support initiatives.
• Ensure financial decisions align with the School's mission and priorities.
• Budgeting, Forecasting & Fiscal Oversight (30%)
  • Manage the annual budgeting process, revenue projections, and fund allocation.
  • Provide financial reporting and analysis for fiscal performance across funding sources.
  • Collaborate with the University Budget Office and Central Financial Services to adhere to policies.
  • Financial Compliance & Risk Management (20%)
    • Maintain internal controls and compliance within policies.
    • Oversee audit preparations, grant reporting, and risk assessments.
    • Partner with Sponsored Projects Administration for grant financials.
    • Supervision & Process Improvement (20%)
      • Manage and supervise financial staff.
      • Implement process improvements for efficiency and transparency.
      • Ensure transactions and reporting meet standards.Work Environment & Expectations
        • Engage with leadership on financial matters and manage daily operations.
        • Participate in leadership discussions and meetings as needed.
        • Some evening and weekend work may be required.
        • Hybrid work arrangements are available; onsite presence at least three days a week, with Wednesdays as a common day.QualificationsMinimum Qualifications
          • Bachelor's degree in finance, accounting, business administration, or related field.
          • Eight+ years of professional finance experience, preferably in higher education or complex environments.
          • Experience managing budgets, forecasting, analysis, and compliance.
          • Ability to analyze complex data and provide strategic recommendations.
          • Strong leadership and collaboration skills.Preferred Qualifications
            • Willingness to complete coursework for Certified Approver status.
            • Master's degree in related fields.
            • Experience in grant management and university budget models.
            • Knowledge of University of Minnesota financial systems and policies.
            • Experience managing a financial team.About The DepartmentThe Humphrey School of Public Affairs is a top-ranked institution offering diverse programs to prepare students for solving real-world challenges.Pay and BenefitsSalary Range: $115,000 - $122,000 annually, depending on experience and qualifications.Time Appointment: 75%-100%.Position Type: Faculty and P&A Staff.Benefits include competitive wages, professional development, health plans, flexible spending accounts, retirement plans, and more.How To ApplyApply online with a resume and cover letter by the priority deadline of May 2, 2025. The position remains open until filled. For accommodations, contact employ@umn.edu or call (612) 624-8647.Diversity & Equal OpportunityThe University values diversity and is committed to equal opportunity employment regardless of background or identity. Learn more at .Employment RequirementsSuccessful completion of a background check is required. Criminal convictions do not automatically disqualify applicants.
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Keywords: University of Minnesota, Blaine , Chief Financial Officer, Accounting, Auditing , Minneapolis, Minnesota