The Desert Research Institute (DRI) is the non-profit environmental research institution of the Nevada System of Higher Education (NSHE) and is a leader in environmental sciences applying knowledge and technologies to improve people’s lives throughout Nevada and the world. Approximately $35 million of DRI’s research is funded almost exclusively through competitively awarded grants and contracts from federal, state, local, private, and international agencies.
Reporting to the President, the Vice President for Finance and Business (VPFB) is the strategic business partner to the president and senior leadership. The candidate will be responsible for maintaining essential not-for-profit financial and business approaches while suggesting innovative financial and operating options for DRI that are achievable, sustainable, and are advantageous to DRI’s diverse research faculty, customers, sponsors, and stakeholders. The VPFB also will provide oversight of all activities and services of the Financial Services Office (FSO: controller, budget, post-award grants and contracts, procurement, and travel); maintain a system of internal accounting control to ensure proper accounting of all funds; and provide compliance with Nevada System of Higher Education (NSHE) as well as Board of Regents’ policies and procedures, state and federal fiscal management laws, and applicable regulations.
In partnership with the DRI President, represent DRI in matters related to financial and business operations, and most administrative matters to the NSHE Chancellor’s Office, Board of Regents, and NSHE administration and other institutions within NSHE.
Provide financial leadership, insight, and recommendations institute-wide for all financial matters focused on short-term tactical and long-term strategic finance goals to ensure DRI’s financial stability.
In collaboration with DRI leadership and DRI research faculty, support internal R&D portfolio evaluation from a business leadership perspective (e.g., project valuation, return on investment expectations, investment risk analysis).
Facilitate coordination of transparent communication on institutional financial matters among the FSO, the Vice President for Research, and DRI’s division business offices; coordinate services and collaborate with the division business managers on financial matters.
Serve as the senior executive representing DRI related to the Workday enterprise information system internally and externally to ensure functionality consistent with DRI business practices.
Financial and Operational Responsibilities:
Work closely and collaboratively with NSHE business officers to ensure DRI involvement and consideration in financial and administrative plans and decisions throughout NSHE’s management structures.
Establish, maintain, and operate a transparent system of financial planning, reporting, and controls using not-for-profit best practices to help advance the goals and objectives of the institute.
Develop strategies to ensure timely support for a diverse funding portfolio.
Support the valuation, acquisition, and proper positioning of institute assets to meet strategic growth goals.
Oversee the preparation of all required financial statements and reports for internal and external use as well as for audit purposes.
Support financial processes and oversee the preparation of financial statements in accordance with Governmental Accounting Standards for the DRI Research Foundation, DRI Research Parks Ltd., and provide advice to the Desert Research Corporation; assist with reporting and document developments related to those entities to NSHE.
Master’s degree in business administration, accounting, finance, or a closely-related field and/or a CPA with demonstrated experience preparing financial statements.
At least 7 years of progressive, full-time experience in financial accounting, reporting, and administration in a corporate, not-for-profit, or higher education financial environment; experience in corporate or not-for-profit preferred.
At least five years’ experience in responsible leadership/supervisory positions.
In-depth knowledge of grants, contracts administration, and sponsored projects.
Detailed knowledge of indirect cost proposals, recharge centers, and cost accounting models.
Advanced experience with financial accounting systems and other software tools including spreadsheets, databases, etc.
Ability to lead and manage diverse administrative groups and functions.
Ability to effectively and transparently communicate complex financial, fiscal policy, and financial status to research faculty, staff, and students.
Ability to navigate and lead within an entrepreneurial organization.
Ability to be an effective advocate for DRI’s research enterprise, unique culture, and methods of conducting business to the public, stakeholders, sponsors, and customers.
Any applicant must be a citizen of the United States and able to obtain and maintain both U.S. Department of Energy “Q” and U.S. Department of Defense Top Secret clearances—requiring a background investigation by the Federal government with possible subsequent re-investigations.
The successful candidate will be offered the position contingent upon passing a mandatory test for the absence of any illegal drugs as defined in 10 CFR 707.4 as well as satisfactory credit, criminal and background checks.
Qualified individuals interested in this position must apply online at https://nshe.wd1.myworkdayjobs.com/DRI-External/job/DRI---Reno-NV/Vice-President-for-Finance-and-Business_R0109333. This posting is open until filled. Qualified individuals are encouraged to apply immediately. Lists of eligible candidates will be established and hiring may occur early in the recruiting process. Recruitment will close without notice when a sufficient number of applications are received or a hiring decision has been made. Applications will be treated confidentially until the final stages of the search process. References will be contacted at a later date with the permission of the applicant.
For more detailed information about DRI, please visit us at https://www.dri.edu. For questions regarding this position, please call the recruiting office at 775-673-7332.
DRI is an AA/EEO employer who gives consideration in employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression. Individuals with disabilities or protected veteran status are encouraged to apply.
Employer will assist with relocation costs.
Additional Salary Information: This position is eligible for relocation and benefits, including 14.5% retirement match, 24 annual leave days, beginning balance of 30 sick leave days, 11 paid holidays, educational benefits, and the choice of three health insurance plans that can be supplemented with flexible spending accounts or health savings accounts
Internal Number: R0109333
About Desert Research Institute
As the environmental research arm of the Nevada System of Higher Education (NSHE), Desert Research Institute conducts cutting-edge applied research in land, air and water across Nevada, the United States and on every continent. With more than 500 employees and two main campuses in Reno and Las Vegas, Nevada, DRI genterates $50 million in total annual revenue. DRI's faculty members are untenured, entrepreneurial and responsible for their own salaries from external grants and contracts. This blend of academic rigor and private-sector pragmatism has earned DRI a reputation for delivering rapid, high quality environmental science in businesslike fashion.