The Chief Financial Officer of The Graduate School (TGS) is a member of the executive leadership team with accountability for the strategic allocation and management of all finance, human, and capital resources necessary to support the mission of TGS. This position is responsible for leading financial and budgetary management efforts including financial planning, forecasting, reporting, budgeting, modeling, and analysis. This position is responsible for implementation, training, and monitoring of all school financial activities to ensure compliance with all university fiscal policies and procedures. The Office of Research & Analysis reports to this position, ensuring school and institutional data is organized and delivered to stakeholders in a timely and accurate fashion. The Chief Financial Officer reports to the Dean of TGS, and collaborates with senior leadership within TGS, as well as other Northwestern schools, departments, and stakeholders.
Please note: Some evening and weekend hours required.
Budgeting & Forecasting
Collaborates with TGS senior leadership and schools to strategize finance and human resource allocation decisions, including multi-year projections; Advises the Dean regarding allocation of funds, hiring plans, revenue generation, and opportunities for expense efficiencies.
Acts, alongside dean and in close partnership with faculty associate deans of TGS, as principle TGS officer with senior university administrative and faculty leadership concerning all financial issues related to graduate education.
Develops budget models and forecasting trends for all TGS programs, to determine long-term sustainability.
Directs annual resource planning and budgeting to ensure TGS strategic objectives are implemented, managed, and maintained.
Directs annual school salary planning process; recommending merit increases and revisions to organizational structure to address organizational efficiencies and retention.
Directs all finance and business operations (accounts payable, purchasing, accounts receivable, payroll) at TGS to ensure compliance with all Northwestern University policies and procedures.
Monitors reporting systems to ensure accuracy of financial data; Performs periodic analysis and report financial position and school performance to senior leadership at TGS.
Recruits, develops, and leads all TGS finance and staff.
Serves as signature authority on all TGS purchases, expense reports, and payroll requests; Approves all journal entries and revenue transfers between Northwestern departments.
Directs all year-end closing activities to ensure accuracy of final fiscal performance reports; contributes updated projections and financial summaries for annual strategic plan.
Recommends, develops, and conducts training for all TGS staff relating to the Northwestern financial system, policy, and procedures.
Facilitates and administers all gift and endowment accounts; provides quarterly fund reports to guide scholarship and spending decisions.
Office of Research and Analysis
Directly oversees the initiatives of TGS’s Office of Research and Analysis, including the design and implementation of internal research and assessment, development of reliable external reporting systems to meet state, federal, and accrediting requirements, and establishment and maintenance of a reliable data warehouse; directs development of survey and data collection mechanisms to inform and enhance evidence-based investment and policy decision-making.
Performs other duties as required.
Master's in business, accounting or a related field with 7 or more years of experience in administrative or supervisory capacity with exposure to a combination of budgets, finance, grant administration, facilities, &/or human resources; or 10 years of administrative experience.
Minimum Competencies: (Skills, knowledge, and abilities.)
Excellent written and verbal communication skills and strong interpersonal skills;
Prominent record of motivating teams for growth and superior performance.
Ability to interact successfully with a wide variety of stakeholders including faculty, university administrators, staff, alumni, students, benefactors, and business partners.
Superb interpersonal, communication, and leadership skills.
Leadership philosophy consistent with the school and the university.
Demonstrated ability to provide very high levels of service, confidentiality, professionalism, collegial attitude, and working well with details while also being able to operate strategically and "big picture" are extremely important skills for this position, as are entrepreneurial skills, economic forecasting abilities, and analytical skills.
Administrative experience as an effective and innovative leader in higher education.
As per Northwestern University policy, this position requires a criminal background check. Successful applicants will need to submit to a criminal background check prior to employment.
Northwestern University is an Equal Opportunity, Affirmative Action Employer of all protected classes, including veterans and individuals with disabilities. Women, racial and ethnic minorities, individuals with disabilities, and veterans are encouraged to apply. Hiring is contingent upon eligibility to work in the United States.
Northwestern University is a major private research university with 12 academic divisions located on three campuses in Evanston, Chicago, and Education City in Doha, Qatar. We have approximately 2,500 full-time faculty members, 17,000 graduate and undergraduate students, and over 5,700 full and part-time staff. Northwestern University combines innovative teaching and pioneering research in a highl...y collaborative environment. It provides students and faculty exceptional opportunities for intellectual, personal and professional growth.