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Harvard University

Ivy League university in Cambridge, MA

Social Sciences Assistant Finance Director

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timeCambridge, MA, USANo salary listed

About the Job

Requirements

  • A bachelor's degree or equivalent work experience is required.
  • A minimum of 7 years of relevant work experience is required.
  • Strong knowledge of budgeting, forecasting, and financial analysis.
  • Experience managing multiple funding sources, including sponsored research, endowments, gifts, and unrestricted funds.
  • Familiarity with university financial systems and policies is preferred.
  • Ability to translate complex financial information into clear, actionable insights.
  • Ability to work effectively with diverse stakeholders.
  • Strong organizational skills and attention to detail.
  • Ability to manage competing priorities and meet deadlines in a dynamic environment.
  • Sound judgment and a high degree of integrity in handling sensitive financial information.
  • Work must be performed from a Harvard-registered state when not at a Harvard or Harvard-designated location.

Responsibilities

  • Serve as the primary financial advisor for a medium-sized, semi-complex academic department, center, or group of units within the Faculty of Arts and Sciences.
  • Provide comprehensive financial management for a complex portfolio, overseeing significant operating budgets and multiple funding sources, including sponsored and non-sponsored funds, endowments, gifts, unrestricted resources, and other specialized funding.
  • Lead long-range financial planning, budgeting, forecasting, and financial analysis, and translate complex financial information into actionable recommendations for strategic decision-making.
  • Partner with department leadership, including faculty, administrators, and research leaders, to identify strategic priorities and align financial resources accordingly.
  • Prepare financial projections and reports for Steering Committee and Executive Committee meetings.
  • Conduct scenario planning and long-range financial modeling using available tools and shadow systems.
  • Develop and maintain comprehensive budget workbooks incorporating personnel costs, non-personnel expenses, and operating costs.
  • Determine available funding sources and allocate costs in compliance with fund restrictions and terms.
  • Prepare detailed program budgets to ensure transparency of program costs.
  • Collaborate with Department Administrators and Executive Directors to create costing sheets for program managers.
  • Ensure program managers understand budget allocations and provide guidance as needed.
  • Prepare variance analyses and trend reports for department leadership.
  • Analyze historical spending patterns and run rates to inform forecasting.
  • Develop and deliver financial presentations for leadership meetings.
  • Meet regularly with program managers to review actual expenditures against budget and provide recommendations.
  • Support stewardship reporting and financial accountability for externally funded programs.
  • Track balances, spending, and commitments for endowment and restricted funds.
  • Monitor expenditures to ensure alignment with donor intent and university guidelines.
  • Review gift agreements to determine allowable spending and restrictions.
  • Partner with donors, development teams, gift offices, tax offices, and departmental leadership to structure agreements that meet institutional and donor goals.
  • Ensure proper receipt, allocation, and recording of gift funds.
  • Maintain oversight of all unrestricted funds associated with the department.
  • Ensure compliance with university financial policies, fund restrictions, and regulatory requirements.
  • Provide guidance to faculty and staff on appropriate financial practices and decision-making.
  • Work with external institutions to develop and manage financial agreements related to faculty projects and collaborations.

Desired Qualifications

  • An MBA or master's degree in a relevant field.

About the Company

Harvard University

Ivy League university in Cambridge, MA

Harvard University is a private research university in Cambridge, Massachusetts, founded in 1636 and the oldest institution of higher learning in the United States. It comprises Harvard College and multiple graduate and professional schools.

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