Henry Ford College
Director of Financial Planning and Analysis
Henry Ford College, Dearborn, Michigan, United States, 48120
Overview
Position Description Summary Henry Ford College presents an opportunity for a Director of Financial Planning and Analysis. Reporting to the Vice President and Chief Financial Officer, the Director of Financial Planning and Analysis supports the development, coordination, and monitoring of the College budget across departments in collaboration with College leadership. The Director of Financial Planning & Analysis manages the College’s cash and investment functions, coordinates capital planning budgets, and oversees bond issues and relationships with debt holders. The Director is intimately involved in the year-end review of benefit programs to assess cost and budgetary impact, manages retirement programs, and leads the Employee Investment Committee. This position also supports the College in collective bargaining efforts. Hours :
The generally scheduled workday is from 8:00 AM to 4:30 PM, Monday through Friday, but as an exempt employee evening and weekend projects may arise from time to time.
Core Competencies and Qualifications
The most successful candidate will have a career that reflects the following competencies and qualifications. However, education, experience, and training that demonstrates proficiency and the ability to perform the essential duties will be evaluated for equivalency to the education, competencies, and experience qualifications listed below. Master’s Degree in Finance, Business, Accounting or a related field and / or CPA Ten years’ experience in financial leadership positions Substantive, progressive experience in budgeting, finance, or related field required. Minimum of three years of supervisory experience required. Must have in-depth knowledge and experience in finance procedures and systems, proper internal control systems, and Enterprise Resource Planning (ERP) technology including skilled use of the computer and business software applications. Must exhibit the highest professional integrity. Must demonstrate excellent oral and written communication skills and excellent analytical skills. Must have a collaborative management style, demonstrate the ability to maintain a positive working relationship with College personnel and leadership, including the Board of Trustees of the College. Must possess the ability to work effectively in a multi-cultural environment.
The most successful candidate will have a career that might include the following :
Budget Administration – Knowledge of the principles and practices of budget administration and analysis, including: preparing, justifying, reporting on and executing the budget; and the relationships among program, budget, accounting and reporting systems. Capital Planning – Knowledge of the principles and methods of capital investment analysis or business case analysis, including return on investment analysis. Computer Skills – Uses computers, software applications, databases and automated systems to accomplish work. Control of Funds – Knowledge of the principles, procedures and requirements for maintaining control and accountability of obligations and expenditures for all appropriations and fund accounts. Employee Benefits – Knowledge of HR concepts, principles and practices related to retirement, insurance and other employee benefit programs. Financial Management – Prepares, justifies and / or administers the budget for program areas; plans, administers and monitors expenditures to ensure cost effective support of programs and policies; assesses the financial condition of the organization. Planning and Evaluating – Understands resource requirements and determines short- and long-term goals and strategies to achieve them. Monitors progress and evaluates outcomes.
Additional unique competencies that will contribute to success in this role :
Influencing / Negotiating – Persuades others to accept recommendations, cooperate or change their behavior; works with others towards an agreement; negotiates to find mutually acceptable solutions. Integrity / Honesty – Contributes to maintaining the integrity of the organization; displays high standards of ethical conduct and understands the impact of violating these standards on an organization, self and others; is trustworthy. Interpersonal Skills – Develops and maintains effective relationships with others; may include effectively dealing with individuals who are difficult, hostile, or distressed. Keeping Others Informed – Keeps others informed, including targeted written communication and status reports. Organizational Awareness – Knows the organization’s mission and functions and operates effectively within them.
Essential Duties and Responsibilities including but not limited to Financial Strategy and Planning
Collaborate with College leadership (Directors, Associate Deans, Vice-Presidents, etc.) to align budget priorities with the College Strategic Plan. Identify and evaluate opportunities to enhance resources. Support expenditure planning for personnel, operations, maintenance, and utilities, while providing analysis and recommendations to improve efficiency and reduce costs. Develop strategies and options to support the College’s position on collective bargaining agreement terms.
Budgeting and Forecasting
Analyze tuition rates in accordance with the College’s Tuition Approval policy and assess impact on the College budget. Provide budgetary recommendations for college revenue sources such as property taxes, state support, tuition / fees, workforce, etc. Monitor activity and approve changes, if appropriate. Forecast and manage cash receipt and disbursement activities to maximize cash flow. Maintain College Budget 5-year Planning Model and Investment Schedule.
Performance Monitoring
Monitor all College funds to ensure budget compliance including, but not limited to, the General Fund, Auxiliary Operations, (Bookstore, Food Service, etc.), Designated Funds / Projects, and Construction in Process. Recommend solutions for areas with insufficient budgetary funds.
Reporting
Prepare financial statements, interim budget analyses, and reports for a variety of constituents, including College administration and Board of Trustees, to support effective financial control. Maintain College budgetary monitoring software and develop budget reports with input from department personnel to monitor spending and ensure alignment with allocated funds. Serve as liaison with data services to ensure that IT system-generated reports are accurate and useful. Provide relevant financial data for mandatory State, Federal, and accreditation reporting.
Administrative Leadership
Serve as bond counsel liaison and provide administrative oversight for bond issues, including payments and agent fees. Provide administrative oversight for all Supplemental Retirement Programs, including 403b and 457. Train and supervise all staff as required. Perform other duties as qualified and trained to perform.
Benefits Planning and Management
Work closely with Human Resources and the Benefits consultants to manage benefits costs Act as the liaison with the retirement program managers to monitor cost, performance and plan structure; provide leadership for the internal employee investment committee.
Additional Information REWARDS THAT LAST A LIFETIME
Henry Ford College takes great pride in offering a variety of comprehensive and industry-leading programs and resources to support the health and well-being of our team members and their families. Being an industry leader means giving back to our most valuable asset – our employees.
HFC Offers :
Employee assistance program 403B and 457B saving and retirement plans with Roth contribution options Vacation time / PTO Holidays Tuition waiver Comprehensive medical insurance Employer paid vision and dental Long / short term disability Flex spending and health saving accounts Professional Development opportunities
01 Do you have a Masters degree in Finance, Business, Accounting or a related field and / or CPA or an equivalent, relevant combination of education and experience? 02 Do you have a minimum of three (3) years of supervisory experience? 03 Do you have substantive, progressive experience in budgeting, finance, or related field? 04 Do you have in-depth knowledge and experience in finance procedures and systems, proper internal control systems, and Enterprise Resource Planning (ERP) technology including skilled use of the computer and business software applications? 05 Are you currently eligible to work in the United States of America?
Required Question
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Position Description Summary Henry Ford College presents an opportunity for a Director of Financial Planning and Analysis. Reporting to the Vice President and Chief Financial Officer, the Director of Financial Planning and Analysis supports the development, coordination, and monitoring of the College budget across departments in collaboration with College leadership. The Director of Financial Planning & Analysis manages the College’s cash and investment functions, coordinates capital planning budgets, and oversees bond issues and relationships with debt holders. The Director is intimately involved in the year-end review of benefit programs to assess cost and budgetary impact, manages retirement programs, and leads the Employee Investment Committee. This position also supports the College in collective bargaining efforts. Hours :
The generally scheduled workday is from 8:00 AM to 4:30 PM, Monday through Friday, but as an exempt employee evening and weekend projects may arise from time to time.
Core Competencies and Qualifications
The most successful candidate will have a career that reflects the following competencies and qualifications. However, education, experience, and training that demonstrates proficiency and the ability to perform the essential duties will be evaluated for equivalency to the education, competencies, and experience qualifications listed below. Master’s Degree in Finance, Business, Accounting or a related field and / or CPA Ten years’ experience in financial leadership positions Substantive, progressive experience in budgeting, finance, or related field required. Minimum of three years of supervisory experience required. Must have in-depth knowledge and experience in finance procedures and systems, proper internal control systems, and Enterprise Resource Planning (ERP) technology including skilled use of the computer and business software applications. Must exhibit the highest professional integrity. Must demonstrate excellent oral and written communication skills and excellent analytical skills. Must have a collaborative management style, demonstrate the ability to maintain a positive working relationship with College personnel and leadership, including the Board of Trustees of the College. Must possess the ability to work effectively in a multi-cultural environment.
The most successful candidate will have a career that might include the following :
Budget Administration – Knowledge of the principles and practices of budget administration and analysis, including: preparing, justifying, reporting on and executing the budget; and the relationships among program, budget, accounting and reporting systems. Capital Planning – Knowledge of the principles and methods of capital investment analysis or business case analysis, including return on investment analysis. Computer Skills – Uses computers, software applications, databases and automated systems to accomplish work. Control of Funds – Knowledge of the principles, procedures and requirements for maintaining control and accountability of obligations and expenditures for all appropriations and fund accounts. Employee Benefits – Knowledge of HR concepts, principles and practices related to retirement, insurance and other employee benefit programs. Financial Management – Prepares, justifies and / or administers the budget for program areas; plans, administers and monitors expenditures to ensure cost effective support of programs and policies; assesses the financial condition of the organization. Planning and Evaluating – Understands resource requirements and determines short- and long-term goals and strategies to achieve them. Monitors progress and evaluates outcomes.
Additional unique competencies that will contribute to success in this role :
Influencing / Negotiating – Persuades others to accept recommendations, cooperate or change their behavior; works with others towards an agreement; negotiates to find mutually acceptable solutions. Integrity / Honesty – Contributes to maintaining the integrity of the organization; displays high standards of ethical conduct and understands the impact of violating these standards on an organization, self and others; is trustworthy. Interpersonal Skills – Develops and maintains effective relationships with others; may include effectively dealing with individuals who are difficult, hostile, or distressed. Keeping Others Informed – Keeps others informed, including targeted written communication and status reports. Organizational Awareness – Knows the organization’s mission and functions and operates effectively within them.
Essential Duties and Responsibilities including but not limited to Financial Strategy and Planning
Collaborate with College leadership (Directors, Associate Deans, Vice-Presidents, etc.) to align budget priorities with the College Strategic Plan. Identify and evaluate opportunities to enhance resources. Support expenditure planning for personnel, operations, maintenance, and utilities, while providing analysis and recommendations to improve efficiency and reduce costs. Develop strategies and options to support the College’s position on collective bargaining agreement terms.
Budgeting and Forecasting
Analyze tuition rates in accordance with the College’s Tuition Approval policy and assess impact on the College budget. Provide budgetary recommendations for college revenue sources such as property taxes, state support, tuition / fees, workforce, etc. Monitor activity and approve changes, if appropriate. Forecast and manage cash receipt and disbursement activities to maximize cash flow. Maintain College Budget 5-year Planning Model and Investment Schedule.
Performance Monitoring
Monitor all College funds to ensure budget compliance including, but not limited to, the General Fund, Auxiliary Operations, (Bookstore, Food Service, etc.), Designated Funds / Projects, and Construction in Process. Recommend solutions for areas with insufficient budgetary funds.
Reporting
Prepare financial statements, interim budget analyses, and reports for a variety of constituents, including College administration and Board of Trustees, to support effective financial control. Maintain College budgetary monitoring software and develop budget reports with input from department personnel to monitor spending and ensure alignment with allocated funds. Serve as liaison with data services to ensure that IT system-generated reports are accurate and useful. Provide relevant financial data for mandatory State, Federal, and accreditation reporting.
Administrative Leadership
Serve as bond counsel liaison and provide administrative oversight for bond issues, including payments and agent fees. Provide administrative oversight for all Supplemental Retirement Programs, including 403b and 457. Train and supervise all staff as required. Perform other duties as qualified and trained to perform.
Benefits Planning and Management
Work closely with Human Resources and the Benefits consultants to manage benefits costs Act as the liaison with the retirement program managers to monitor cost, performance and plan structure; provide leadership for the internal employee investment committee.
Additional Information REWARDS THAT LAST A LIFETIME
Henry Ford College takes great pride in offering a variety of comprehensive and industry-leading programs and resources to support the health and well-being of our team members and their families. Being an industry leader means giving back to our most valuable asset – our employees.
HFC Offers :
Employee assistance program 403B and 457B saving and retirement plans with Roth contribution options Vacation time / PTO Holidays Tuition waiver Comprehensive medical insurance Employer paid vision and dental Long / short term disability Flex spending and health saving accounts Professional Development opportunities
01 Do you have a Masters degree in Finance, Business, Accounting or a related field and / or CPA or an equivalent, relevant combination of education and experience? 02 Do you have a minimum of three (3) years of supervisory experience? 03 Do you have substantive, progressive experience in budgeting, finance, or related field? 04 Do you have in-depth knowledge and experience in finance procedures and systems, proper internal control systems, and Enterprise Resource Planning (ERP) technology including skilled use of the computer and business software applications? 05 Are you currently eligible to work in the United States of America?
Required Question
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