Job Posting for Director, Finance at Lamar University

Position Information

Posting Number

20112891

Position Title

Director, Finance

FTE

1.00

Position Type

Staff

Department

Controller

Position Summary Information

Job Summary/Basic Function

About the Role:

The Director of Finance is responsible for overseeing all financial activities of Lamar University, ensuring compliance with relevant regulations and policies, and providing strategic financial guidance to senior leadership. This position reports to the Chief Financial Officer and supervises the Finance Department staff.

What You’ll Do – Position Duties

Financial Planning and Analysis: Coordinate the development of annual budgets, financial forecasts, and long-term financial plans. Analyze financial data to provide insights and recommendations to senior leadership. 25%
Financial Reporting: Prepare and distribute accurate and timely financial reports, including monthly, quarterly, and annual financial statements. Ensure compliance with Generally Accepted Accounting Principles (GAAP) and other reporting requirements. 20%
Compliance and Risk Management: Monitor compliance with relevant regulations, policies, and procedures. Identify and mitigate financial risks. Coordinate internal and external audits. 15%
Financial Operations: Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and procurement. Implement best practices to improve efficiency and effectiveness. 20%
Supports organization financial objectives by providing financial analyses and recommendations and directing accounting and property management staff. 10%
Develops accounting organizational strategies by contributing accounting and financial information, analysis, and recommendations for strategic thinking and direction, and establishing functional objectives in line with organizational objectives. 5%
Helps to establish accounting operational strategies by evaluating trends, determining production, productivity, quality, and customer-service strategies, and resolving problems. 5%
Monitors appropriations in the state treasury and makes recommendations regarding use and management of those funds. 3%
Helps maintain compliance with pronouncements from the Governmental Accounting Standards Board (GASB) and federal and state tax laws. 2%

Key Competencies:

Advanced financial analysis skills.
Strategic thinking and planning abilities.
Leadership and team management.
Problem-solving and decision-making.
Attention to detail and accuracy.
Adaptability and flexibility.
Strong ethics and integrity.

Physical Requirements:

Able to lift 25 lbs. and be able to perform a variety of physical tasks including lifting, bending, stooping, squatting, stair climbing and walking between buildings.

Who We Are:

Lamar University is an accessible global university for life-long learners with a passion for broad-based community engagement. As a vital contributor to the socioeconomic wellbeing and resilience of the Gulf Coast region, our expertise is recognized locally and beyond. Lamar University is home to more than 17,000 students and is among the fastest growing Texas colleges and universities. LU is a member of The Texas State University System, which is the first higher education system of Texas and maintains the lowest average tuition and fees of any university system in Texas. With more than 100 degree options and a community that cares, Lamar students are always proud to be Cardinals.

Lamar University is committed to fostering a culture where students, faculty and staff of all backgrounds can learn, work, and serve.

Benefits:

Health, dental & vision insurance
Life insurance
State of Texas Retirement plans
Tuition covered at 100% for employees, spouses and/or eligible dependent.
Paid time off – vacation, sick, and holidays.

To see more information about the available benefits, please visit: Insurance – Lamar University

Minimum Qualifications

Bachelor’s degree in accounting & finance.
Minimum of 7 years of progressively responsible financial leadership experience, preferably in higher education or a large organization.
Strong understanding of financial analysis, budgeting, forecasting, and reporting.
Excellent communication and interpersonal skills.
Proficiency in financial management software and Microsoft Office Suite.

EEO Statement

Lamar University is An Equal Opportunity Employer

Veteran's Preference Statement

Lamar University is proud to provide employment preference to veteran applicants in accordance with Texas 805 Government Code, Section 657.003.

Preferred Qualifications

CPA or other relevant professional certification.
Experience with governmental financial management systems.
Knowledge of relevant state and federal regulations governing higher education finance.

Security Sensitive Statement

This position is security-sensitive and thereby subject to the provisions of the Texas Education Code §51.215, which authorizes the employer to obtain criminal history record information.

Salary

$65,788 - $85,524

Work Hours

Posting Date

04/30/2024

Close Date

07/30/2024

Open Until Filled

Yes

Special Instructions

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Salary.com Estimation for Director, Finance in Beaumont, TX

$155,502 to $225,265

Director, Finance

Job Posting for Director, Finance at Lamar University

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